The Confederation of Community Groups of Newry & District (A company Ilmitad by guarantae, not having a sharè capltall Annual Report and Audited Financlal Statements for the financial year ended 31 March 2023 Malone Accounllng Chartered Accountants and Reglstered Audltors 12 Causeway Road Newcastle County Down BT33 ODL Northern Ireland Company Number.. N1022294 Charlty Number: 101359
The Confederation of Community Groups of Newry & District {A company Ilmited by guarantee, not havlng a share capltall CONTENTS Page Trustees, and Other Information Trustees, Annual Report statement of Trustees, Responsiblllties Independent Audltor's Report 9-11 Statement of Financial Activities 12 Balance Sheet 13 statement of Cash Flows 14 Notes to the Financial Statements 15-21
The Confederatlon of Community Groups of Newry & District (A company limlt¢d by guarantee, not havlng a shara capltall TRUSTEES. AND OTHER INFORMATION Trustees Ewan Morgan Kathleen Lowry Rosemari8 McDonnell Anne Woods Delrdre Shi&lds Rosomary Rooney David Cunningham (Resigned 14 September 2022) Colin Hanna Marle-claire Fltzpatrick (Appointed 14 July 2023) Chalrper80n Maureen Ruddy Company Secretary R8ymond Jackson Charlty Number In Northem Ireland 101359 Company Reglstrallon Numb&r N1022294 Reglstered Offlce and Prlnclpal Address Ballybot House Newry County Down BT35 8BG Audltors Malone Accounting Chartered Accountants and Réglst6red Auditors 12 Causeway Road Newcastle County Down BT33 ODL Princlpal Bankèrs Bank of Ireland 12 Trevor Hill Newry County Down BT34 1 DT Sollcitors Ciaran Raffety 83 Hill Street Newry County Down BT34 1 DG
The Confederation of Community Groups of Newry & District (A company Ilmlted by guaranteè, not havlng a share capltal) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2023 The trustees present their Trustoos, Annual Report, combining the Directors, Report and Trustees, Report, and the audited financial statements for the financial year ended 31 March 2023. The financial 8tatements are prepared in accordance with the Companles Act 2006, FRS 102 'The Financial Reporting standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charitie5'. Slatement of Recommended Pra¢tiC8 applicable to charitles preparing Ih6ir flnancial slatemenls In accordan with the Financial Reporting Standard applicable In the UK and Republlo of Ireland (FRS 102). The Trustees, Raport contalns the infomiation reqLtlred to be provided in tha Trustees, Annual Report under Ihe Statement of Recommended Practice ISORP) guidelines. The trustee8 of the company are also charity trustees for the purpose of charity law and under Éhe company's constitution are known a8 members of the board of trustees. In this report the trustees Df The Confederatlon of Communlty Group8 of Newry & District pr8S8nl a summary of Its purp08e, gov8rnance, activities, achievements and finances for the financlal year 31 March 2023. The charity Is a registered charity and henc8 th8 report and results are presented In a fomi which complies with th8 requirem8nts of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practic8 appllcable in the UK and Republic of Ireland FRS 102, the organlsation has impl8m8nted its recommendations where relevant in th8s6 financial statements. Mlsslon, Objectlves and Strategy Mlsslon Statement The purpose of the Confederation of Communlty Groups is lo support and encourage the development of voluntary actlon by communiti88 and individuals and in so doing contribute to the creation of g powerful and inclusive community that will influence positive change. OveNlew The ConfederatSon of Community Groups Is an umbrella organisation forvoluntary and community groups in Northern Iroland in th8 Newry, Moume & Down area. It offers advice, practical support, servlces and training through a number of projects and s6rvlces. Its work is funded by the Departmenl for Communlties. Newry, Mourne & Down District Council, Southern Haalth & Soclal Care Trust, other Government Departments, statulory bodies and a variety of Independant bodies as well as its own social enterprise based at Ballybot Hous6. The Confed8ration's current annual lumov8r is in th8 range £0.5m- £0.75m. It employs 11 people, has approximately 80 volunteers and is managed by a voluntary Management Committee drawn from its Community and Voluntary Group membership. ObJe¢tives The oblectives of the company - as d8fln8d by its governlng document- are.. To devolop programmes and services to 8dvance communlty development, citizenship and education, promote volunteering. relieve poverty and distress, youth and the aged, and for Ihe promotion of good health, and the promotion of racial harmony and dIversily. To promote and improve the efficiency and effectlveness of charities and voluntary and community groups by the provision and managemént for 8uch organisations of office accommodation, daycare facilities, conference, tralning, information, advice, payroll and other facilities, servlces or 5UPPOrt. structure, Govornance and Management Structure The Confed8ration of Community Groups Is a company limited by guarante8 and does not have a share capital. It is govemed by articles of 88sociation and the Ilability of each member 18 limited to an amounl not exceeding £1. The Confederation of Community Groups has an induclion programm8 for new executEv8 committee membeTS as part of which they receive a comprehensive induction pack and attend an Inducllon meeting with the senior management team In which they are advised of their legal responsibility, main duties and roles. The Ex8CUtive committee have ultimate legal and financial responsibility for the affairs of Confederation of Community Groups, although the man8gement ofthe organisation is generally delegated lo the staff. The rnanagemenl comm1tt88 me8ts on a monthly or bi-monthly basls.
The Confederation of Community Groups of Newry & District (A company limlted by guarantee. not havlng a 8har8 capltall TRUSTEES, ANNUAL REPORT for the fin8ncial year ended 31 March 2023 Revlow of Activities, Achlevements and Performance During the year we provided high qualily projects and seNic8s and combined this work wlth our role a8 a sub-regional network and communSty development support organisation. W8 collaborated with a wide range of partners, hosted a number of seminars and responded to a range of consultalions. We conlinued to advocate on behalf of the Comlvol sector in relation to economlc development, communlty infraslructure, health & wellbeing and Community engagement. Desplle d6allng wth reslrictlons st8mming from the Covid 19 pand6mic (and recovery) we w8r8 able to adapt tystems and provide our services throughout the year. Through our social ent8rprise {Ballybol Housè and An Storas) we delivered affordable office accommodation, retail. day-care and, due to Covld, limited venue hirelconference facilities. Th88e revenues togelher with other generated income in our Resource centre and back-offic8 generated approxlmately 520A of total "nonnal. revenue8 (excluding covid r8covery I cost of living funding) in the period. We provided capacity building, advice and support lo a wide range of Ioc81 community groups in areas such 8S . Assistance with drafting Constitutions Guidance on organlzational structure and development Intemet access and training Risk assessments and Insurance. Financial control and management, Grant-tracker advic& and help with grant applicatlons for project activlty, Access N.1. Enhanced Dlsclosure Checks. Through the Nelghbourhood Renewal Programme the Confederallon has been able to offer weekly support to community associatlons in the most deprlved areas of Newry City. This work has seen continued improvement In governance structures within local groups and h8s facilitated the deliv6ry of a varied range of 8ervites and activitles in local 8reas. Outgide Newry City W6 worked with a wide rang6 of addition81 community and sporting groups In 2022123 including., Kllkeel COI Seeds of Hope, Moneydarragh Communlty Hub, VOCAL Ivlcllms Of ConfllctArrivlng Locally), Carfng Coins As80ciation, FIT Club, Well Lane Warrlors. Newtownhamilton Men's Shed, U3A, Rural Health Partnershlp, Davina's Ark, Silvery Llght Saillng, Newry & Moume Enterprise Agency, Forkhill pr8-school Playgroup, Newry & Moume Community Transport, Polish Famille8 Community A8socialion, Autism Famllies, Larchmount Resldenls group, Derramor6 Men's Shed, Brookvale Youth club, SNAP (Special Needs AutSsm Prolèctl. Rathore School Parents & Frij.hds Group. Young LGBT Group, New Town Tog8ther, SWAGAT - Indian Families Associallon We assisted 14 groups in relation to Charfty Registratlon, 8ccounting, reporting and complian. We provided additional training, operational planning and sourclng of funding with a large numb8r of groups. We contlnued to take an active role In Communlty Planning (in partlcular with the engagement process between Ihe statutory bodles and th8 comlvol sector) through our membershlp of locAI DEA groups. W& deliv6red 10 Communlty Dev8lopment courses focusing on good governance and compllance1s8U&S to 15 groups 160 participants. We also dellvered two face-to-face COLtrses in Safeguarding Tralning for more than 30 people from 4 separate groups and facllllated an Emergency First aid tralning In January for 20 community partlclpants from across the Newry & Mourne Area. Unfortunately, our annual "Shining Llghl" celebration event for volunteer8 had to be agaln postponed due to Covid concerns however we held a number of small scale events for our volunteers throughout the perfod. Our GM IGN volunteers also undertook the following training in thls perfod.. RNIB (adaptations and awareness), Autism experience Bus, Basic Awareness safegu8rding of children and vulnerable adults, Dementia Awareness (Alzhaim6r's Society) and IT Tralning on new system (30 volunteers). We developed our cross border 'Clrcle of L88ming Programme" in conjunctlon with Cooperation Ireland. A8 part of the project CCG Sdentified four groups th81 would ben6fll from involvement in the ProJe¢l and provided m6ntoring support to them. These included: SWAGATH Indian Famllles Assoclation, New Town Togather. SNAP and the Crisis Café. We assisted each group wlth the completion of a Baseline Skills Audit and Action Plan which helped us chart where the group was 81 the start of the proJ8Ct, what Issues each group would Ilke help with and what th6 group would like to do for its Social Action Plan. We then as818ted them in addressing key development issues and offered them a chance to design 8 SOC181 action project. Each 80cial action project which was delivered complimented the thematic pillars of the Reconciliation Fund enabling groups to address issues of peacebuilding, nelmorklng gnd growing connecllons.
The Confederation of Community Groups of Newry & District {A company limited by guarantee, not havlng a share capitsl) TRUSTEES, ANNUAL REPORT for th8 flnancial year ended 31 March 2023 Older Peoples Community Programme: Our Good Morning S8Nice volunteers provided 1875 hours ofengagement with older people throughoul the ygar. Our volunteers were 8ble, with the support of our staff, lo provide the Servi from their hom8s or from withln Ballybot House following a major overhaul of our seNices. We now have 8 fully fvnclional cloud- based volunteering plafform. Our Caring Neighbour Volunteer Service delivered calls to "cared forf, people and their informal carets rasidenl in the Soulhem Health and Social Care Trusl. Our Good Day Good Carer seNi¢e provided a confidential telephone SUPPOrt 8eNice for older carers offering ongoing support and a listening ear. The service provided information. advice and signposting to other seNices such as resplte br8aks, b8nefit entitlement, aids and adaptatlons, housing matters and he81th and wellbeing. Our dedicated volunteers provlded 1340 hours of call8 lo carers In the community. In 2022123 the project also helped deliver th8 Millennium Volunteer programme locally In partn8r8hip with VNOW In 4 schools with 29 participants actively engaged Sn a Summer Scheme. Covid Recovery & Emerglng Issues: We contlnued to act as comlvol sector representatlves on NMDDC'S Community Coordination Hub (CCHJ and have 8ngaged with statutory departments and others lo help coordinate the response to the Covid 19 recovery and more racenlly Ihe cost-of-living crisls. CCG, together with SSF colleagues, were able to coordinate an additional £100k Dfc Covid Recovery I Cost of Living crlsis funding (allocated via trusted partners in the comlvol sector and targeted at the most disadvantaged in our community) and £80k for a pllot Social Supermarket scheme {SSM delivered by our partner Clanrye Group). We d8monslrated the capacity to deliver quickly "on the ground. and the ability to deal with emergency situations as they arisa. We continued to engage with the comlvol Sector In the Newry, S Armagh and S Down area including food banks, SVdP elc. We helped coordinate th8 6 week Norbrook "W8 care at Christmas" programm@ and follow up distribution of donated food Feblmar 23. We also agreed to coordinate a £25k funding programm8 for people struggling to pay utllity bllls (funded by Newry Credit Union) which started Jan 23. We attended NICVA'S Cost of Living crlsls (Sep 22) and a further meetlng of ComNol sectors °Emergency Leadershlp Group. with Minister Hargey {27191221 re emerging issues, funding concerns, lack of govt and cost of living crisis. We also mel with the Head of Nl Civil service (Jayne Brady) in Nov 22 to discuss Cost of Living (COL) crisis and issues affecting comlvol $8clor and attended further COL meetings between Jan af" Mar 23. Financlal Results At the end of the financial year the charity has assets of £2,620,27412022 - £2,833,765) and liabilllies of £170,437 {2022 - £404,349). The net assets of the charity have Increased by £20,421. Reserves Posltlon and Policy The Trustees consider It prudent to hold monies in resetve in the event that unfores88n clrcumslances should lead lo ffinancial difficulties which might put the future of Ils employment capaGity and general charitable work in jeopardy. The policy is to maintain a level of free reseNes which meets the need8 of the organisatlon both at the current time and in the fores8e8ble future. Free reserves are its total funds excludlng restricted funds, designated funds or income funds. Princlpal Rlsks and Uncertalntles The management committee has actively revi8wed the major rlsks which the charity faces and believ85 that the charity has sufficient resources in the event of adverse conditions. The management committee has also examlned other business and operational risks, which the charity faces and confirms that it has establi8h8d systems to mltigate significant risks,
The Confederation of Communlty Groups of Newry & Dlstrict IA company Ilmlted by guarantee, not havlng a share capltall TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2023 Trustees The trustees who served throughout the financlal yèar, except as noted. ware as follows- Ewan Morgan Kathl8en Lowry Rosemarie McDonnell Anne Woods Deirdre Shields Rosemary Rooney David Cunningham (Resigned 14 September 2022) Colin Hanna Marie-clalre Fitzpatrick (Appointed 14 July 2023> In accordance wrth the Constltution, th8 trustees ralire by rotation and, belng eligible, offer Ihems81ves for re-election. The secretary who s8rv8d during th8 financial year was.. Raymond Jackson Compliance wlth Sector-wlde Leglslatlon and Standards The charity engages pro-actively with legislatlon, standards and codes which are developed for the sector. The Confedoration of Community Groups of N8wry & District subscribe8 to ahd is compllanl wlth th8 following: The Companies Act 2006 The Charlties SORP (FRS 102) The Audltors The audltors, Malone Accountlng, (Chartered Accountants) have Indicated their willlngness to contlnue In office In accordance with the provisions of Section 485 of the Compani88 AGt 2006. Approved by the Board of Trustees on 26 October 2023 and slgned on Its behalf by: ureen Ruddy Chairperson
The Confederation of Community Groups of Newry & District {A company limitod by guar8nt&o, not having a sharo capltal) STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 March 2023 The trustees, who are also directors of The Confederation of Community Groups of Newry & Dlslrlct for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requlres the trustees as the direclors to prepare financlgl slatements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with Unlted Klngdom Generally Accepted Accounting Practice (Unlted Kingdom Accounting Standards and applicabl8 law) including FRS102 "The Financial Reporting Standard appllGable in the UK and Republlc of Ireland" Under company law the trustees must not approva the financial statements unless Ihey are salisfled that they give 8 true and fairview of the state of affairs of the charity and of the net income or expenditure of the charity for that period. In preparing the88 financial slalements, the truslees are required to: select suitable accounting policies and apply them consislently. observe the methods and princlples In the Charities SORP make judgements and accounting estimates that are reasonable and pNdent: stale whether the financial statements have b8en prepared in accordance wlh applicable accounting standards, identify those standards, and note the effect and the reasons for any matertal departure from those standards. and prepare the financial statements on the going concern basis unless It is inappropriate lo presume that th8 charlty wlll contlnue in operation. As explalned in note 3, stale whether the appllcable in tha UK and Republic of Ireland FRS 102 has been followed: The trustees are responsible for keeping adequale accounting records that ar8 sufficient to show and explain the charity's transactions and disclose with r8ason8ble accuracy al any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companles Act 2006 and. Thay are also responsible for safeguarding the assets of the charity and h8nce for t8king r6a8onab18 St8ps for the prevention and detection of fraud and other irregularities. In so far 88 the trustees are aware: Ihere is no relevant audit infonnatlon (information n6eded by th8 charity's auditor in connection with preparing the auditols report) of which the charily's auditor Is unawar8, and the trustees hav6 taken all the steps that they ought to have taken as trustees In order to make themselves aware of any relevant audit infomation and to estsblish that the charily's auditor is aware of that information, Approved by the Board of Trustees on 26 October 2023 and slgned on Its behalf by: reen Ruddy Chairperson
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & Dlstrict (A company Ilmlted by guarantee, not havlng a sharo capllall Rèport on the audlt of tho flnanclal statements Oplnion We have audited the charity financial statements of The Confederation of CommLFnity Groups of Newry & District ('th6 chartty,) for the financial year ended 31 March 2023 which comprise the Statement of Financlal Activit185 (incorporating an Income and Expendlture Account), the Balance Sheet, the Statement of Cash Flows and notes to the financlel statements, Includlng the summary of 8ignificant accountlng polic16s Set out In note 2. The financial reporting framework that has been applied in their preparatlon is applicab18 law and United Klngdom Accounting Standards. including FRS 102 "The Financlal Reporting Standard applicable in th8 UK and Republic of Ireland" and Accountlng and R6POrting by Charitles.. Statement of Recommended Practlca applScable to chari118s preparing Ihelr accounts in accordance wlth FRS 102. In our opinlon, when reporting In accordance wlth 8 falr presentation frameworf( the ffnancial statements: give 8 true and fair viow of tho Slate of the Fharity's affairs as 8t 31 March 2023 and of ils surplus for the financial year then ended., have been properfy prepared in accordance with Unlted Kingdom Generally Accepted Accounting Practlce. and have been prepared in accordance wrlh the requlr8ments of the Companles Act 2006 and the Charities Act {Northern Ireland) 2008. Basis for oplnlon We conducted our audlt in accordance with International Standards on Auditing (UK) (ISAS (UK)) and appiicabl@ law. Our re8ponsibllities under those stsndards are further described in the Auditor's responsibilllies for the audit of the fin8ncial statements section of our report. We are Independent of the charlty in accordance with ethical requirements that are relevant lo our audlt of the financlal statements in the UK, including the FRC'S Elhical Standard. and we have fulfilled our other 6thical r6sponsibilltles in accordance wlth these rèquirements. W8 b81ieve that the audit evidence we have obtained18 8uffici6nt and appropriat& lo provide a basis for our oplnion. Conclusions relating to going concern In auditing the financlai statements, we have concluded that the trustaes, us8 of th8 going concem basls of accountlng in the preparation of the financi81 ststements Is appropriate. Based on the work we have performed, we have not Identlfied any materlal uncertalnties r618ling to events or conditlons that, iJi.divldually or collectlvely, may ca8t significant doubt on the charity's ability to continue as a going concern for a perioci.of at least twèlve months from the date when the financial stal8mentS sre authorised for issue. Our r8spon8ibilities and the responsibilities of the trustees wllh respect to going concern ar8 described In th8 relevant sections of this report. other Informatlon The other information comprlses the informallon included in Ihe annual report other than the financial statements gnd our Audltorfs R8POrt thereon. The Irustees are responsibl8 for the other information contained within the annual report. Our opinlon on the financlal statements does not cov8r the other informalion and, except to the extent otherwise expllcldy staled in our report. we do not express any form of as8uranc8 Concluslon thereon. Our responsibi1Sty is to read the other infomation and, In doing so, conslder wh8th8r th6 Other Information Is mat8rially incon81Stent with Ihe flnanclal statements or our knowledge obtalned in the course of the audit, or otherwise appears to be malerlally misstated. If we identify such materfal incon8lStencies or apparent materlal misstatements, we are required to determine whether this gives rise to a material mlsstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there Is a materlal misstatement ofthis other infomiation, we are requlred to report that fact. We have nothing to report In this regard. Matters on which we are requlrod to report by exceptlon We hav8 nolhlng to report in respect of th8 followlng matt8rs where the Companles Act 2006 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept., or the financial st8lementS are not In 8gre8ment with the Sccounting records and returns,- or certain disclosures of truste8s' remun8ration specified by law are not made. or the trustees were not entitled to prepare the flnancial statements in accordance with the small companies reglme and take advantage of the small companies, ex&mplion in pr8parlng the TnJsteé8' Annual Report.
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederatlon of Communlty Groups of Newry & District (A company Ilmlted by guarantee. not havlng a share capital) Responslbllities of trustees for the financlal statements As explained more fully in th8 Statement of Trustees, Responsibilllles set out on page 8, the trustees are responsibl8 for th8 preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal controls as they detemlne is necessary to enable the preparatlon of financial statements that are free from materlal misstatemont, whether due to fraud or error. In preparlng the financial statements, the trustees are responsible for assesslng the charity's ability to continue as a going ooncem, discloslng, as applicable, matlers related to going concem and using the going con¢8rn basis of accounting unless management elther intends lo liquid818 the charity or lo cease operations, or has no re81istic altemative but to do so. Audltovs responslblllties for the audlt of the financial statements We have been appointed as auditors under soction 65 of the Charities Act (Northem Ireland) 2008 and report in accordance with the Act and relevant r8gulalion8 made or having effect ihereunder. Our objectlves 8r6 to obtain reasonable assurance about whether the financial statements as a whole are froe from material misstatement, whether due lo fraud or error, and to issue an Auditovs R8POrt that includes our opinion. Reason8ble 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 m8t8rial misstatement when it 8XlSts. Mlsstalements can arise from fraud or error and are consldered material If, individually or in Ihe aggregate. they could reasonably be expected to influence the economic d8Gisions of users taken on the basis of the88 financial stalements. Our approach lo identifying and assessing the iisks of material misstatement in respect of irregularities. including fraud and non compliance with laws and regulations, was as follows: The engagement partner ensured Ihat the engagement team collectively had the appropriate competence. capabilities and skllls to identify or recognis6 non compliance with applicable laws and regulations. and We identified laws and regulations applicable lo the company through discussions wlth directors andlor senior management and from our commercial knowledge and experience of the sector. We focussed on speciflc laws and regulatlons which we considered may have a direct materlal 8ffect on the financial statements or the operallons of the company, including Companies Act 2006. laxation legislation, data protection, anti- bribery, employment, environm8ntal and health & s8f8ty legislation: We assess8d the extent of compllance with the laws and r8gulatlons Identified abov8 through making enquiries of management and inspecting legal correspondence. and Identified laws and regulations were communicated within the audil team regularly and the team remained alert to Instance of non compliance throughout the adult. We assessed tha susc6ptibilily of the company's financial stst8ments to mal8rial misstatement, including obtsining an understanding of how fraud might occur by.. Making 8nquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and all8g8d fraud and Considering the internal controls in place to mitigate risks of fraud and non compliance with laws and regulations. In response to the risk of irregularllles and non ct)mpliance wlth laws and r8gulations, we designed procedures whlch included but were not Ilmlted to: agreeing financlal statements dlsclosures lo underlying supporting documentation.. reading the minutes of meetings of those charged wÈth govemance; enquiring of management as lo actual and potential litigalion and olaims,. and reviewng coffespondence with HMRC and the charity, legal advlsors. Owing to the inherent limitations of an audit. there is an unavoldable risk that we may not have detected some material misstatements In the financial stalemenls, even though we have properly planned and performed our audit in accordance with auditing standards. Sn addition, as with any audit, thar8 remains a higher rlsk of non detection of irregularities, as they may involv8 collusion, forgery, Int8mational omissions, misrepres6ntations, or the override of intemal controls. We are not responsible for preventing non-compliance and cannot be expected to delect non- compliance with all18ws and regulations. 10
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & District (A company Ilmlted by guarantee, not havlng a 8har• capltsll The purpose of our audlt work and to whom we owe our respon8lbllitle8 This report is made solèly to the ch8rity's members, as a body, in accordance with Chapter 3 of Part 16 of lh8 Companles Act 2006. Our audit work has been und&rtak8n so that we might stat8 to the chariV8 members those matters we are required to state to them in an audltorfs report and for no other purpose. To the fullest extent pemiilled by law, we do not accept or assum8 responslbility to anyon8 Other than the charity and the charfty's mambers as a body, for our audil work, forthis report, orfor the opinions we have formed. Brendan Malone (Senlor Statutory Audltorl for and on bèhalf of MALONE ACCOUNTING Chart@red Accountants and Reglstered Auditors 12 Causeway Road Now¢astlo County Down BT33 ODL Northem Ireland 28 October 2023 11
The Confederation of Community Groups of Newry & District (A company Ilmlted by guarantee. not havlng a 8harg capltal) STATEMENT OF FINANCIAL ACTIVITIES Iln¢orporatlng an Incoma and Expgndlture Acoount) for the financial year ended 31 March 2023 Unrestricted Restricted Fund8 Funds 2023 2023 Total Unrestricted Restricted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incoming Resource8 Charitable activities Grants from govemmenls and other co-funders Activities for generating funds Other incom8 42,740 309,640 352,380 32,236 689,507 721,743 286,252 286,252 284,697 284,697 11,657 11,657 Total Incoma 328,992 309,640 638,632 328,590 689,507 1,018,097 Expandltura Charltable activities 329,625 288,586 618,211 298,300 684,496 982,796 Not incomel(expendlture) (633> 21.054 20,421 30,290 5,011 35,301 Transfers between funds N61 movement in funds for the flnancial year {633) 21,054 20,421 30,290 5,011 35.301 Reconclliatlon of funds: Total funds beglnning of the year 15 2,523,648 {94,232) 2,429,416 2,493,358 (99,243) 2,394.115 Total funds at the end of the year 2,523,015 (73,178) 2,449,837 2,523,648 {94,232) 2,429,416 The Statement of Financial Activities includes all gains and losses recognised in the flnancial year. All income and expendlture relate to continulng activitl6s. rhe notes on pagas 1Jf to 21 form parl ol the financial slalements 12
The Confederation of Community Groups of Newry & Distrlct (A company Ilmltgd by guarantag, not havlng a share ttapltsl) Company Number: N1022294 BALANCE SHEET as at 31 March 2023 2023 2022 Flxed Assets Tangibl8 88sets Investments Notes 2,094,431 10 2,098,163 2,094,432 2,098,164 Current Assets Debtors Cash at bank and in hand 11 12 78,136 447,708 324.362 411,239 525,842 735,601 Creditor8: Amounts falllng due wlthln one year N8t Currant Assets q3 (170,437) {404,3491 355,405 331.252 Total Assets less Current Llabllltles 2,449,837 2,429,416 Funds Reslricted trLfSt funds Designated funds (Unreslrlcted) General fijnd {unrestricted} (73,178) 1,265,219 1,257,796 (94,2321 1,265,219 1,258,429 Total fund8 15 2,449,837 2,429,416 These financi81 statements have been prepared in accordan wlth the special provislons relating to small companies wlthin Part 15 of the Companies Act 2006. Approved by the Board of Trustees and authorlsed for issuo on 26 October 2023 and 8igned on its behalf by aureen Ruddy Chalrperson The nolas on pages 1510 21 fom part of the flnanclal slalem8nls 13
The Confederatlon of Community Groups of Newry & District STATEMENT OF CASH FLOWS for the financial year ended 31 March 2023 2023 2022 Notes Cash flows from opeyatlng aolivities Net movement in funds Adjustments for.. Depreclatlon 20,421 35,301 3,732 3,393 24,153 38,694 Movements in working capital: Movement in d8btors Movement in creditors 246,226 (118,455) {252,3431 108,935 Cash generated froml(us8d in) operations 151,924 {104,714) Net In¢reasel(decrease) in cash and cash equivalents Cash and cash equivalents at the beglnning of the year 151,924 195,866 {104,714) 300,580 Cash and cash equlvalents at the end of the yèar 12 347,790 195,866 14
The Confederation of Community Groups of Newry & Distrlct (A company Ilmlt#d by guarahtee, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFORMATION The Confederallon of Communlty Groups of N8wry & Dlslrict Is a company Ilmited by guarantee incorporated in Northem Ir81and. The registered Offi of the company is Ballybot House, Newry, County Down, B T35 8BG which Is also th& principal place of buslness of the charfty, Th8 financial sta18ments hav8 been presented in Pound Sterfing (£) which is also the functional currency of Ihe charlty. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applled consistently In deallng with118ms which are con8id6red material in relatlon to the charity's financlal statem8nts. Ba815 of preparatlon The financial statements have been prepared under tho historlcal cost convention, modifi8d to include certain items at fair value. The financial statements hav6 been prepared in accordance wlth the Statemant of Recommended Practice {SORPI "AGcountlng and Reporting by Charities preparing their 8ccounts in accordance with the Financlal Reporting Standard applicable in the UK and Republlc of Ireland FRS 102.. As permitted by tha Companies Act 2006, the charity has varled the standard formats In that act for the Statement of Financlal Activitles and the Balance Shéet. D6partures from th6 Standard formats are to comply with the requirements of the Charitles SORP and s in compliance with secllon 4.7, 10.6 and 15.2 of that SORP. statement of compllance The financial statements of the charity for the financlal ye8r ended 31 March 2023 have bean prepared on th8 going concern basls and In accordance wlth th8 Statement of Recommended Praclice (SORPI "Accounting and Reporting by Charities prèparing their accounts In accordance with the Financ181 Raportlng Standard appllcable in th8 UK and Republlc of Ireland FRS 102" Fund accounting The following are the categortes of funds maintslned- ..Restricted funds .Restricted fvnds represent income reIved which can only be used for partlcular purposes, a8 Specified by th8 donors. Such purposes are within the overall objectives of the charity. Unrestrlcted funds Unrestrfcted fEJnds conslst of General funds & Deslgnated funds. Gener81 funds repres&nt amounts whlch are expendable at the discretion of the board, in furtherance of the obJeclives of the charily. Designated funds form part of the company's unrestrlcted funds and are those funds which are to be us6d for partlcular purposes in Ihe fvture. The deslgnated fvnd Is in respect of the funding r6C8ived for the An Storas Building. Incomlng Resources Incom8 is recognised by Inclusion In the Statement of Flnancial Activities only when the charfty is18gally entitled to the income, performance condltions attached to the item(s) of Income have been met, tho amoun18 involved can b& measured with sufficient r&llability and it is probable that the incoma will be raceived by th& charfly. Income from ¢harltable activltl8S Income from charitable acllvilies Include income earned from the supply of servlces under contractual arrangements and from performanca related grants which have conditions that specify the provision of particular sewices to be provided by the charity. Income from govemment and other co-fLFnders is recognised wh8n the Gharlty is legally entitled to the Income because it is fulfilling the conditions contained In the related fundlng 8greem8nts. Where a grant is receiv8d in advance, its recognition Is deferred and included in credltors. Where entitlement occurs before Income Is recelved, it Is accrued In debtors. Grants from governments and other co-funders typlcally Include on6 of the following types of condltions.. Performance based condltlons: whereby the Gh8rity Is contractually entitled to funding only to the exlenl that the core objectives of the grant agreement are achieved. Where the charily is meeting the core obj6ctives of a grant agreement, it recognlses the related expenditur6, to the extent th8t it is reimbursable by the donor, as income. 15
The Confederation of Community Groups of Newry & Dlstrict IA company Ilmlted by guarantee, not havlng a sharo capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 -Tlm8 based conditions; wher8by the charity Is contractually entitled to funding on the condition that it is utilised In a particular perlod. In these cases the charfly recognlses the Incorne to the extent il is ulilised withln the period specified in th8 agreement. In the absence of such conditions, assuming th81 r8ceipt Is probable and the amount can be reliably measured, grant income Is recognlsed once the charity is nollfied of enlitlemenl, Grants received towards capital expenditure are cr6dlted lo the Statement of Financlal Activities when received or recelvable, whichever is earlier. Expendlture Expeiidilure is analysed beeen costs of charitable activities and raising funds. The Costs of each activity are separately accumulated and disclosed, and 8nalys8d according lo their major components. Expenditure is rocognlsed when a legal or constwclive obligation exists as a result of a past @vent, a transfor of oconomic benefits is required in settlement and the amount of the obllgation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated lo activities In proportion to staff lime spent or other suitable measure for eaoh activity. Tanglblo fixed assets and depreclatlon Tangible fixed assets are Stated at cost or at valuation, less accumulated depreciation. The charge to depreciation Is calculated to write off the origlnal cost or valualion of tangible fixed assets, less their estimated residual value. over their expected useful IIv8s as follows: Fixtures, fittlngs and equipment 20 % Reduclng Balance Investments Investments held as fixad ass8ts are staled 81 cost18ss provision for any permanent diminutlon In value. Income from other financial fixed asset investments together with any related tax credll is recognised in the income and 6xpendilur8 account in the financial year in which it is recelvabl8. Debtorg Debtors are recognised at the settlement amount due after any dlscount offered. Prepayments are valued at the amounl prepaid net of any trade discounts due. Income recognisod by the charity from govemment agencles and other co-funders, but not yet received at financlal year end. is Induded in dabtors. Cash at bank and In hand Cash at bank and in hand comprlses cash on deposit al banks requlrlng less than three months notice of withdrawal. Taxation No current or d8ferred laxation arlses as the charity has been granted charitabla exemption. Irrecoverable valued added tax is 8XP8nsed as incurred. GOING CONCERN These financial statements hav8 be8n prepared on a golng conc&rn basis due to the forecast avallabllity of continuing grant assistanc8 and unrestricted income. 16
The Confederation of Community Groups of Newry & District IA ¢ompany limltgd by guarantee, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS continued for th8 financial year anded 31 March 2023 INCOME CHARITABLE ACTIVITIES Unrestrlcted Restrlcted Funds Funds 2023 2022 Grants from government8 and other co- funders: DFC (Community Investment Fund) NMDDC {Neighbourhood R6n8w81 Grants) SHSCT {Older People) HSCB Out-Bound Telephon8 Support NMDDC Core Fund Co-operation Ireland (Circle of Learning) PCSP Old6r People Home Secur6d Support HSCB Caring Neighbour Pilot Project SHSCT Volunteer Student Recrultmenl Scheme Community Work & Education 66,508 51,366 38,072 30,000 66,508 51,366 38,072 30,000 25.800 16,940 10,270 5,222 2.250 1,772 64,385 51,453 39,065 30,000 25,800 4,000 25,800 16,940 10,270 5.222 2,250 1,772 7,525 2,250 851 SSM Food Crfsis EOI SSM Covld Food Support SSF Covld Recovery Addendum SHSCT (Wave Projoct) DFCIVCD Energy Grant Newry Cradlt Unlon Uttlltles Fund 48,285 40,964 8,651 3,780 1,500 1,000 48,285 40,964 8,651 3,780 1,500 1,000 366,385 15,120 DFCICCG EOI Scheme DFC (Access to Food Scheme) 89,901 25,008 42,740 309,640 352,380 721,743 OTHER TRADING ACTIVITIES Unrestrlcted Reslrlct6d Funds Funds 2023 2022 Ballybot House Development Management Fees Allocation of Overhead Costs to Projects Resource Centre Affiliation fees 242,247 31,900 6,248 4,517 1,340 242,247 31,900 6,248 4,517 1,340 225,094 39,572 15,665 3,386 980 286,252 286,252 284,697 OTHER INCOME Unrestrlcted Reslrlcted Funds Funds 2023 2022 Corona Vlrus Job Relenlion Scheme 11,657 17
The Confederation of Community Groups of Newry & Distrlct IA company Ilmlt&d by guorantoa, not havlng a Sharg capltqll NOTES TO THE FINANCIAL STATEMENTS continued for the financial ye8r ended 31 March 2023 EXPENDITURE CHARITABLE ACTIVITIES Dlrect Costs other Costs Support Costs 2023 2022 Charltable Activities NMDDC Neighbourhood Renew81 SSM Food Crisis EOI SSM Covid Food Support Covid Recovery Addendum Co-operation Ireland (Circle of Learning) Community Work & Educatlon Newry Credlt Union Utilities Fund Volunteer Expenses Wav8 Proj801 Covid-1g Grants Access to Food Scheme Governance Costs (Note 5.2) 316,473 54,638 48,284 40,964 8,651 5,654 129,412 6,382 445,885 61,020 48,284 40,964 8,651 5,654 435,056 56,785 366,385 3,317 1,958 1,000 1,958 1,000 705 700 851 705 2,103 700 89,901 25,008 3,390 3,390 3,390 481,712 136,499 618,211 982,796 GOVERNANCE COSTS Dlrect Costs other Costs Support Costs 2023 2022 Charitable 8clivlti6s govemance costs 3,390 3,390 3,390 ANALYSIS OF SUPPORT COSTS 2023 2022 Admlnlstratlon & Management Charge Prlnling & Stationery Light & Heal Telaphone Rent & SeNice Charge Repair8 & Mainlenance Depr8clatlon Comput@r Costs Health & Safety Insurance General Expens6S Consultancy Hospitality Slaff Training Water rates Voluntaer Expenses Bank fees 30,400 8,296 30,325 14,186 7,759 15,440 3,732 2,550 764 9,202 4.716 30,900 6,758 20,253 11,445 5,992 19,262 3,393 32,302 744 8,547 3,549 700 1,374 1,162 1,332 2,103 333 3,509 1,647 973 705 1,245 135,449 150,149 NET INCOMING RESOURCES 2023 2022 Net InGomlng Resources are stated after chargingl(crediting): Depreciatlon of tangible assats Auditols r6muner81ion; audit services 3,732 3,393 3,390 3,390 18
The Confederation of Community Groups of Newry & District {A company Ilmited by guaraijtee, not havlng a shoro capltal) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 EMPLOYEES AND REMUNERATION The staff costs comprise: 2023 2022 Wages and salarles Social security costs P8nslon co818 325,197 24,954 17,687 298,572 22,167 17.179 367.838 337,918 The average number of employees through the yearwas 11. No employee earned more than £60,000 per annum (2022-Nill. The trustees were not pald or reimbursed for expenses during the year. The key managemenl personnel of the charity comprises the Irustees and th8 chief executive. TANGIBLE FIXED ASSETS Bulldlngs Flxtures, fittings and equlpmant Total Cost or Valuation At 31 March 2023 2.094,431 341.717 2,436,148 Depreclatlon At 1 April 2022 Charg8 for the linanclal year 337,985 3,732 337.985 3,732 At 31 March 2023 341,717 341,717 Net book valu8 At 31 March 2023 2,094,431 2,094,431 At 31 March 2022 2,094.431 3,732 2,098,163 10. INVESTMENTS Investments Cost At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 11. DEBTORS 2023 2022 Trade debtors Grant d6blors Pr8paymenl8 and accrued income 28,419 48.667 1,050 29,018 293,423 1,921 78,136 324,362 19
The Confederation of Community Groups of Newry & District IA Company Ilmited by guarantee. not havlng a share capllal) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 12. CASH AND CASH EQUIVALENTS 2023 2022 Cash and bank balances Bank overdrafts 447,706 (99,916) 411,239 1215.373) 347,790 195,866 13. CREDITORS Amounts falling due within ono yoar 2023 2022 Bank overdrafts Taxation and soclal security costs Accruals and deferred income 99,916 9,249 61,272 215,373 9,096 179,880 170,437 404,349 The Department of He811h and the Department for Infrastructure hold as security a deed of covenant and charg8 to the amount of £100,000 and £400,000 respectlV8ly in respect of the company's property at Cornmarkel, Newry. The Department of Agricultur8, Envlronment & Rural affairs for N Ireland also hold as security an all monles debenture in respect of the land and premises at Cornmarket, Newry. The Department for Communities hold a fixed charge on the An Storas building. Bank of Ireland hold a f(oatlng debenture over the company. 14. RESERVES 2023 2022 At the beginnlng of the year Surplus for Ihe financlal year 2,429,416 20.421 2,394,115 35,301 Al the end of the year 2,449,837 2,429,416 15. FUNDS 15.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restrlcted Funds Funds Total Funds At 1 April 2021 Movement durlng the financial year 2,493,358 30,290 {99,243) 5,011 2.394,115 35,301 At 31 March 2022 Movement during the financial year 2,523,648 1633) {94,232) 21,054 2.429,416 20,421 At 31 March 2023 2,523,015 (73,178) 2,449,837 20
The Confederation of Communlty Groups of Newry & District (A company Ilmlted by guarantee. not havlng a sharè capltall NOTES TO THE FINANCIAL STATEMENTS conlinuad for the flnancial year ended 31 March 2023 15.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Aprll 2022 Income Expenditure Transfers between funds Balance 31 March 2023 Restrlcted funds Ballybot House Development Community Investment Fund Community Store Community Work & Educstion Neighbourhood Ren8wal 3 Newry, Mourne & Down Distrlct Council Neighbourhood Ren8wal Volunteering & Oldar Peopl8'8 project (767) (36,6511 2,354 9,755 (83,0191 25,439 1,000 68,008 1,000 63,121 (767) (31,764) 2,354 8,847 {92,873) 50,120 1.050 51,366 97,900 1,958 61,220 73,219 (11,343) 90,316 88,068 (9,095) (94,232) 309,640 288.586 (73.178) Unrestricted funds An Storas Ballybot House Development Communlty Resource Centre General Fund N8wry, Mourne & Down Dlslrict Councll 1,265,219 1,369,244 6,990 (14,662) {103,143) 1,265,219 1,431,432 10,345 (77,949) {106.032) 251,161 4,517 46,464 25.800 188,973 1,162 109.751 28,689 2,523,648 327,942 (328,575) 2,523.015 Total funds 2,429,418 637,582 617,161 2,449,837 16. STATUS The charity is Ilmlted by guarantee not having a share capital. The liabllity of the members is limited. Every member of the company undertakes to contribute to the ass8t8 of the company in the event of its being wound up while they are members. or within one financlal year thereafter, for the payment of the debts and liabilittes of the company contracted before they céased to b8 members, end the costs, charges and expenses ofwinding up, and for th8 8djustm8nt of the rights ofthe contributors among themselves, such amount as may be required. not 8xceeding £ 1. 17. CONTINGENT LIABILITIES The Confederation of Community Groups has obllgatlons under standard grant latl8rs of offer lo repay amounts rec8ived as grants in the 8vent of the breach of or non-compllance the conditions of the agreements. At pres8nt the trustees believe that 811 grant conditions have been complied with, and that no liabllities exist. POST.BALANCE SHEET EVENTS 18. There hav8 been no signiflcanl events 8ff8Ctlng the Charlty slnce the financial year-end. RELATED PARTY There have been no related party transactlon8 In the r8POrting period that require disclosure. FINANCIAL INSTRUMENTS The charity has elected to apply the provlsions of secuon 11 'Basic Flnancial Instruments, and Section 12 Other financlal instruments Issues, of FRS 102 to all of its flnanci81 instruments. All of the charity's flnancisl assets and financlal liabilities are of a klnd that quallfy 88 baslc financial instruments. Basic financial Instruments are initlally recognised al transaction value and subsequently measured at thelr settlement value wlth the exception of bank loans whlch are subsequently measuréd at arnortised cost using the effective interest method. 19. 21