Registration number N1048698 Special Educational Needs Advice Centre Company limited by guarantee AnnuaE report and financial statements for the year ended 31 March 2024
Special Educational Needs Advice Centre Company limited by guarantee Contents Page Directors report AudÉtors' report Statement of Financial Activities Balance sheet io Notes to the financial statements 11-19
Speci21 Educational Needs Advice Centre Company limited by guarantee Directors Report for the year ended 31 March 2024 The Directors present their report with the audited financial statements for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting polici¢s set out in note I to the accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practicc 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: SpecÈal Educational Needs Advice Centre Charity Registration number: NIC 101355 Company Registration number: N1048698 Registered Office: Graham House, Knockbracken Health Park, BelfasL BT8 8BH Business Address: Graham House, Knockbracken Health Park, B¢lfast, BT8 8BH Directors Mark McCusk¢r Chair Susan McBridc Treasurer Tom Godfrey Roisin O'Hare ETnma MUhY Richard Finlay (Resigned 19th February 2024) Bety Donnelly (Resigned 19th February 2024) Secretary Tom Godfrey (Appointcd 13th February 2024) Auditors Mccreery Turkington Stockman LTD, l Lanyon Quay, Belfast. B TI 3LG Bankers Ulster Bank Ltd, 365-369 Omieau Road, Belfast, BT7 3GP Page I
Special Educational Needs Advice Centre Company Rimited by guarantee Directors Report for the year ended 31 March 2024 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 appropriate controls are in place to provide reasonable assurance against fraud and eOr. Objectives, Activities, Achievements and Performance Main ARM To assist children and young people with spccial educational needs to access the ¢ducational provision required to meet their needs. Main Activities include: A confidential t¢lephone advice line service piDviding independent advic¢ and inforniation on th¢ statutory framework of special educational needs provision in Northern Ireland. An individual advocacy servi¢¢ for a child in respect of the provisRon offered. A community support and information service that provides front line delivery of infonnation to pai¢nts and relev(int groups on special cducational needs provision and pathways to accessing effective education advicc and support. Assistanc¢ for parents in alk matters relating to special educational needs provision. Provislon of support, materials and resources on all aspccts of special educational necds provision. A Tribunal Support and Representation Service for families appealing to thc Special Educational Nceds and Disability Tribunal. Maintatn awareness of the policy and practic¢s in relation to special education throughout Northem Ireland and develop stratcgics to respond to issues which have becn identified. Page 2
Special Educational Needs Advice Centre Company limited by guarrdntee Directors Report for the year ended 31 March 2024 Achievements and Performance SENAC has supported 881 children and young people and their parentslcarers, assisting access to education provision for the childrcn'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 organisation is entirely dependent on funders, ndraising actÉvities and voluntary donations. SENAC Director's in accordance with SENAC'S Articles of Association and Statutory requirements ensure that the financÉaE management of the organisation is tnaintained and delivered responsibly. The Management Committ¢¢ ensures sound financial systems are rnaintained to enable SENAC to develop and deliver its core seTvice objectives. This financial year our chaTitablc work was supported by . -The National Lottery Community Fund -Donnant Account Funds NI -social Justice Fund -LFT Charitable Trust -Department of Health, Carers Support Fund -Halifax Foundation for Northern Ireland -Garfield Weston Foundation -community For Justice -A Sheamian Sterling Foundation -National Lottery Awards for All -GraGe Trust Fund -Ulst¢r Garden Villages The main funding objective remains raising reserve and uni"estricted funding through the development of a iobust fundraising strategy and continue to develop applications for longer term funding 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 activilies. Future Plans To sustain existing projects and service5. Page 3
Special Educational Needs Advice Centre Company limited by guarantee Directors Report for the year ended 31 March 2024 Statement of Directors, Responsibilities The 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 directors to piepare financial statements for each year, which give a true and fair VAew of the state of affairs of the charitabl¢ ¢ompthy and of the incoming resources, including thc income and expenditure, of thc charitable company for the year. In preparing those financial statements the directors are required to.. select suitable accounting policies and apply them consistently; observc the methods and principles in the Charities SORP. make judgm¢nts and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have b¢¢n followed. subject to any material departures disclosed and cxplained in the financial statements- prepare the financial statements on the going concem basis unless it is approprKate to presume that the haritabl¢ company will continue in operation. The dkrectors aT¢ responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that th¢ financial statements comply with the Companies Act 2006. They arc also rcsponsible for safeguarding the assets of the company and hence for taking asOnable steps for the prevention and detection of fraud and other irregularities. Auditors A resolution proposing that M¢Creery Turkington Stockman LTD be reappointed as auditors of the charity will bc put to the Annual General Mceting. Each of the trustees has confJrm¢d that there És no infomiation of which they are awarc which is relevant to thc audit, but of which the auditor is unaware. Tliey have further confimied that they have taken appropriatc steps to identify such relevant infonnation and to establish that the auditor is aware of such infonnation. This report was approved by the Board on l Oth September 2024 Susan McBride Director . Page 4
Special Educational Needs Advice Centre Company limited by guarantee Opinion We have audited the financial statements of Special Educational Needs Advice Centre for the year ended 31 March 2024 which comprise the Statement of Financial Activities the Balance Sheet aThd notes to the financial statements, including significant accounting policies.The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accountkng Standards, including Financial Reporting Standaid 102 The Financial Reporting Standard 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 company's affairs as at 31 March 2024 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 accordan¢e with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under thosc standards are further dcscribed in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are Éndep¢ndent of the charity in accordance with the ethicak requircmcnts that are relevant to our audit of the financial statements in th¢ UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit cvidence we have obtained is sufficient and appropriate to provide a basis for our opinkon. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of aLcounting in thc preparation of the financial statements is appropriate. Based on the work w¢ have performed, we have not identified any material uncertainties r¢lating to events or conditions that, indÈvidualEy or collectively, may cast significant doubt on tlie charitable company's ability to continue as a gokng concern for a period of at least twelve months from 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 knconsistent with judgements that were reasonable at the time they were made, the abscnce of reference to a material uncertainty in this auditor's report Is not a guarantee that the Company will continue in operation. Our responsibilities and the responsibilities of the trustecs with rcsp¢¢t to going concern are des¢rib¢d in the relevant sections of this report. Other information The other infomiation comprises the inforniation included in the annual report, other than the accounts and our auditors report thereon. Thc trustecs are responsible for the other information. Our opinion on the accounts does not cover the other infomiation and we do not express any forni of assurance conclusion thereon. In connectkon with our audit of the accounts, our responsibility is to read the other information and, in doing so, consider whether the other inforniation is materially inconsistent with ihc accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detern]ine whether there is a material misstat¢ment in the accounts or a material misstatement of the other infomiation. If, based on the work we hav¢ performed, wc conclude that there is a material misstatement of this other inforn]ation, we are required to report that fact. We have nothing to report in this regard. Page 5
Special Educational Needs Advice Centre Company limited by guarantee Independent auditors, report to the members of Special Educational Needs Advice Centre continued Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit: the information given in the trnstees, Report, which includes the directors, report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements. and the directors. report included within the trustccs, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to ieport to you if, in our opinion: the infonnation given in the financial statements is inconsistent in any material resp¢¢t with the tNstees' report" or sufficient accounting records have not been kept. or th¢ financial statements 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 mor¢ fully in the Statement of truste¢s' ResponsibilRties, the trustees, who are also the DircctOTS of the charity for the pUoSe of company law, are responsibl¢ for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internaE control as the commkttec dctcrmine is necessary to enable the preparation of accounts that are free from material inisstatement, whether due to fraud or error. In preparing the accounts, the trustees are Icsponsibl¢ for assessing the charity's ability to ¢ontÉnue as a going conc¢m, disclosing, as applicable, matters related to going concern and using th¢ going concern basis of accounting unlcss the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements 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 conduct¢d in accordance with ISAS (UK) will always detect a material misstatemenl when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggrcgate, Ihey could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statemcnts. Page 6
Special Educational Needs Advice Centre Company limited by guarantee Extent to Ivhich the audit was capable of detecting irreguEarities, 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 mateTial misstatements in respect of irregularities, including fraud. The extent to which our procedurcs are capable of detecting irregularities. including fraud is detailed below= We identkfied the areas of laws and regulations that could reasonably be expected to havc a material effect on the financial statements and risks of material misstatement due to fraud, using our understanding of the entity's industry, regulatory envii"onment and other external factors and inquiry with the Trustees. In addition, our risk assessment procedures included.. inqiiirtng with the Trustees as to the charities policies and procedures regarding compliance with laws and regulations and prevention and detection of fraud. inquii'ing whether the Trustees have knowledge of any actual or suspected non-compliance with laws or regulations or alleged fraud- insp¢Gting the charities regulatory and legal correspondence. and reading Board minutes. We discussed identÉfied Kaws and regulations, fraud risk factors and the need to remain alert among the audit team. The charity is subject to laws and regulations that directly affect the financial statements charity and financial reporting legislation. We asscssed the extent of compliance with these laws and regulations as part of o procedures on the related financial statement items, including asscssing the financial statement disclosures and agreeiThg them to supporting documentation when necessary. The charity is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or dtsclosures in the financial statements. for instance through thc imposition of fines or litigation. We idcntified the following areas as those most likely to have such an effect-. health and safcty, anti-bribery. employment law, environmental law. Audtting standards limit the required audÉt procedures to identify non-compliance with thesc non-direct laws and regulations to inquiry of thc Trnstees and inspection of regulatory and legal corrcspondenc¢, if ally. These limited procedures did not identify actual or Subpected non- compliance. We assessed events or conditions Ihat could indicat¢ an incentive or pressuie to commit fraud or provid¢ an opportunity to commit fraud. As required by auditing standards, we performed procedurcs to address the risk of management override of controls. On this audit we do Dot believ¢ there is a fraud risk r¢lated to revenue recognition. We did not identify any additional fraud risks. In response to i'isk of fraud, we also perfonned procedures including: identifying journal entries to test based on risk criteria and comparing the identified entries to supporting documentation- evaluating the business purpose of significant unusual transactions. assessing SIlfiCant accounting estimates for bias. and assessing the disclosures in the financial statements. Owing to the inhcrent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstaternents in the financial statements, even though we have properly planned and perfornied our audit in accordance with auditing standards. For example, the further removed non- compliance with laws and regulations (irreguIarÈties) is from the events and transactions reflected in the financial statements, the less likely the inherently limited Procedures required by auditing standards would Identify it. Page 7
Special Educational Needs Advice Centre Company limited by guarantee In addition, as with any audit, there remaiiis a higher risk of non-detection of iffegularities, as these inay involve collusion, forgery, intentional omissions, misi'epresentations, or the override of internal controls. We al'e not responsible for preventing non-compliance and cannot be expected to detect non- compliance with all laws and regulations. A rther description of our Tesponsibiltties for the audit of the accounts is located on the Financial Reporting Council's website at: http:/lwww.frC.org.uauditOrS responsibilities. This description fomis part of our auditor's report. The purpose of our audit Ivork and to whom we owe our responsibilities This report is made solely to the charitable company's members, as a body, in accordance with Chaptsr 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 tem in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume r¢sponsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this repo inions we have fonned. hard lay FCA (Senior Statutory Auditor) For and on behalf of Mccreery TurkiThgton Stockman LTD l Lanyon Quay BELFAST BTI 3LG Chartered Accountants 10th September 2024 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 2024 Unrestricted Restricted Funds Funds Year Total Year Total 2024 2024 2024 2023 Incoming Resources Jiicome resourcesfi'om generatedfunds.. Voluntary income.. InLomiiig resourcesfrom charitable activities Notes 4,616 4,616 3,213 211,242 211,242 103,785 Total incoming resources 4,616 211,242 215,858 106,998 Resources expended Costs of generating funds: Costs of charitable activities (1,438) (130,549) (131,987) (120,093) Total resources expended (1,438) (130,549) (131,987) (120,093) Net income before transfers 3,178 80,693 83,871 {13,095) Transfer between funds Net incoming resources 3.178 80,693 83,871 (13,095) Fund balances brought forward 25,985 106,k98 132,183 145,278 Fund balances carried forward 29,163 186,891 216,054 132,183 All of the above results are derived from continuing activities.All gains and losses recognised in the year are included above. The notes on pages 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 2024 2024 2023 Notes Fixed assets Intangible assets Tangible assets 357 1,291 446 1,613 1,648 2,059 Current assets Debtors Cash at bank and in hand 10 2,462 131,432 218,713 218,713 133,894 Creditors: amounts falling due within one year (4.307) (3,770) Net current assets 214,406 130,124 Net assets 216,054 132,183 Capital and reserves Unrestricted funds Restricted funds li 11 29,163 186,891 25,985 106,198 General funds 216,054 132,183 The financial statements were approved by the Board on l O September 2024 and signed and approved for issue on its behaEf by Susan McBride Director The notes on pages 11 to 19 form an integral part of these financial statements. Page 10
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 Accounting policies Company information Special Educational Needs Advice Centre is a Company Eimited by guarantee. registered in Northern Ireland. The address of the registered office is Graham House, Kno¢kbTacken Health Park, Belfast, B T8 8BH. 1.1. Accounting convention The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 aThd Accounting and Reporting by Charities: Statement of Recommended Practice applicabl¢ to charities preparing their accounts in accordance with the Financial Reporting Standard applicable Èn the UK and Republic of Ireland published in October 2019" The charity is a Public Benefit Entity as defined by FRS 102. The financial statemcnts are prepared in sterling, which is the functional currency of the company. Monetary amounts in thes¢ financial statements are rounded to the nearcst £. Resources expended All expenditure is accounted for on an a¢cruaEs basis. Expenditure is recognised wherc tbere is a legal or constructive obligation to make paym¢nts to third parties, it is probable that th¢ settlement will be required, and the amount of the obligation can be measured reliably. 1.3. Incoming resources Income is recognised when the charity is legally ¢ntitled to it after any perfonnance conditions have been met, the amounts can be mcasured reliably, and it is probable that income will be received. Cash donatÉons are recognised on reccipt. Other donations are recognised once the charity has been notRfied of the donation, unless perforniance conditions require deferral of the amount. Income tax recoverable in relation to donations i-e¢eived under Gift Aid or deeds of covenant is recognis¢d at the tim¢ of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the 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 fixed assets and depreciatxon Depreciation is provided at rates calculated to write off the cost less sIdUal vakue of each asset over its expected use[ life, as follows: Fixtures and fittings 200/0 reducing balance Page 11
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financlal statements for the year ended 31 March 2024 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-tem liquid investmcnts with original maturities of three months or less, and bank oveTdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.6. Financial Instruments The charity has elected to apply the provisions of Section I I 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its flnancial instruments. Financial instNments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the snstrument. Financial assets and liabilities arc offset, with the net amounts presented in the financial statements, when there is a Icgally cnforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle thc liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balanccs, initially measured at transactkon price including transaction costs and are subsequently Caled at amortiscd cost using the effcctive interest mcthod unless the arrangement constitutes a financing transaction, where the transaction is m¢asured at the present value of the futurc receipts discounted at a market iatc of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans arc initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument 15 measured at the prescnt valu¢ of the futur¢ payments discounted at a market rate of inter¢st. Financial liabilities lassified as payable within one year are not amortis¢d. Debt instruments 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-¢urrent liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the 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 2024 continued 1.7. Equity instruments Income recognition Equity instmments issued by the Company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company. 1.8. Provisions Provisions are recognised when the Company has a legal or constructive present obligation as a result of a past ¢v¢nt, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end dat¢, taking into account the risks and uncertainties surrounding the obligation. Where th¢ effect of the titne valLLe of money is material. the amount expected to be rcquired to settle the obligation is recognised at present value. When a provtsion in measured at pi"cscnt value the unwinding of thc discount is recognised as a finance cost in profit and loss in the period it arises. 1.9. Government grants Gov¢rnin¢nt grants are recognised at the fair value of the asset rec¢ived or receivable when there is reasonable assurance that thc grant conditions will bc met and the grants wilk be received. A grant that specifies p¢rformance conditions is recognised in income when the perfonnance conditions are met. Where a grant does not specify p¢rfom]ance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the r¢cognition critcria are satisfied is recognised as a liability. 1.10. Employee benefits The costs of short-terni employee benefits are recognised as a liability and an exp¢nse, unless those costs are required to be recognis¢d 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 services are received. Terniination benefits are recognised irnmediately as an expense when the company is demonstrably Committed to temiinate the employment of an employee or to Provide ternlination benefits. Page 13
Speci21 Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 Mareh 2024 continued Net incoming resources for the year 2024 2023 Net incoming resources is stated after charging: Depreciation and othei amounts written off tangible assets Auditors, remuneration 411 2,016 514 2,016 Employees Year ended 2024 Number Year ended 2023 Number Number of employees Th¢ average monthly numbers of employees (including the Directors) durirAg the year were.. Administrative staff Year ended 2024 Year ended 2023 Employment costs Wages and salaries and ER Nic 103,302 91,818 Thcr¢ were no cmployccs earning over £60,000 in the ycar ended 31 March 2024. Incoming Resources Unrestricted Restricted Total 2024 2024 2024 Total 2023 Voluntary income Donations and fund raising 4,616 4,616 3,213 4,616 4,616 3,213 Page 14
Speci21 Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 continued Total 2024 Total 2023 5. Total resources expended Costs dRrectly allocated to charitable activities Salaries & pensions Rent Insurance Light and heat Postage and stationery Advertising Telephone Computer expenses Travel Book-keq)ing costs & consultancy Bank fees and interest General expenses Subscriptions 103,302 2,665 2,706 748 2,518 925 3.272 1,234 301 10,431 183 789 486 91,818 5,335 2,212 2,563 253 184 4,595 4,531 95 4,492 153 718 614 129,560 117,563 Governance costs Audit fees 2,016 2,016 Depreciation Dcpreciation on intangÈbles, fixtures and comput¢rs 411 514 131,987 120,093 Analysis by fund Restricted funds Unrestricted ndS 130,549 1,438 131,987 For the year ended 31 March 2023 Restricted funds Unrestricted ndS 118,047 2,046 120,093 Page 15
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 continued Taxation No liability to UK corporation tax arises on ordinary activities for the year. The Company is a iegistered charity . Creditors: amounts falling due within one year 2024 2023 Other taxes and social security costs AccNals 1,645 2,662 1,850 1.920 4,307 3.770 Intangible fixed assets Website Total Cost At l April 2023 5,461 5,461 At 31 March 2024 5,461 5.461 Provision for diminution in value At l April 2023 Charge for year 5,015 89 5,015 89 At 31 March 2024 5,104 5,104 Net book values At 31 March 2024 357 357 At 31 March 2023 446 446 Page 16
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 continued Fixtures, fittings and equipment Tangible fixed assets Total Cost At l April 2023 13,591 13,591 At 31 March 2024 13,591 13,591 Depreciation At l April 2023 Charge for the year 11,978 322 11,978 322 At 31 March 2024 12,300 12,300 Net book Yalues At 31 March 2024 1,291 1,291 At 31 March 2023 I,613 1,613 io. Debtors 2024 2023 Prepayments 2.462 Page 17
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 continued ii. Strdtement of funds Balance Incoming Outgoing Balance l April 2023 Resources Resources Transfers 31 March 2024 Unrestricted Funds General fund Designated fund 23,926 2,059 4,616 (1,027) (411) 27,515 1,648 25,985 4,616 (1,438) 29,163 Restricted funds National Lottery Dormant Fund Social JustÉce Fund LFT Charitable Trust Carers Support Fund Halifax Garfield Weston Foundation Community For Justice/ AJF Advice NI A & O Shearman Sterling Foundation Awards For All Grace Trust Fund Ulster Garden Villages 48,670 4,485 5,000 4,904 67,623 26,680 (50.856) (13,920) (5.000) (3,603) (14,634) (4,936) (14,792) (3,578) (10,135) 65,437 17,245 1,301 22,578 1,564 37,212 6,000 500 14,792 17,847 10,000 23,333 10,000 9,494 9,900 1,000 20,000 37,602 9,865 9,494 2,504 (7,396) (1.000) (699) 19,301 106,198 211,242 {130,549) 186,891 132.183 215,858 (131,987) 216.054 The unrestricted reserve represents the free ndS of the charity which are not designated for particular pury)oses. Th¢ designated fund represents the net book value of tangible and Éntangible ass¢ts, and has been designated by the trustees to reflect the fact that these ndS are not in a liquid fomi and so are not expendable nds. The restricted ndS represent grants received by the charity for specific purposes as laid out in the tenns of the grant, and the application of those ndS 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 2024 continued 12. Analyis of net assets between funds Net current Assetsl (Liabilities) Tangible fixed Assets Total Unrestricted Funds General fund 1,648 27,515 29,E63 1,648 27,515 29,163 Restricted funds National Lottery Dom]ant Fund LFT Charitable Trust Carers Support Fund Halifax CommunÈty For Justioel AJF Advice NI A & O She&lrn]an Sterlkng Foundation Awards For All Ulster Garden Villages 65,437 17,245 1,301 22,578 1,564 37.602 9,865 9,494 2,504 19.301 65.437 17,245 1.301 22,578 1.564 37,602 9.865 9,494 2,504 19,301 186,891 186,891 1,648 214,406 216,054 13. Company limited by guarantee The Special Educational Needs Advice Centre is a company limited by guarantee and the liability of the members is Eimited to a maximum of £ I for cach mcmbcr. Page 19
Special Educational Needs Advice Centre Company limited by guarantee 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 sehedule for the year ended 31 March 2024 2024 2023 Income Voluntary income Income from charitable activities 4,616 211,242 3,213 03,785 215,858 106,998 Administrative expenses Wages and pension costs Rent and room bire Insurance Light and heat Printing, postag¢ and stationery Advertising Tclcphone Computer expenses Travelling Consultancy fees Book-keeping costs Audit Bank chai.ges Gencral cxpenses Subscriptions Depreciation 103.302 2,665 2,706 748 2,518 925 3,272 1,234 301 7,038 3,393 2,016 183 789 486 411 91,818 5,335 2,212 2,563 253 184 4,595 4,531 95 2,160 2,332 2,016 153 718 614 514 131,987 120,093 Surplusl (Deficit) on yearlperiod 83,871 (13,095)