The Confederation of Community Groups of Newry & Dlstrict (A company limited by guarantee. not havlng a share capital) Annual Report and Audited Financial Statements for the financlal year ended 31 March 2024 Malone Accountlng Ltd Chartered Accountants and Reglstered Audltors 12 Causeway Road NEWCASTLE Down BT33 ODL Northern Ireland Company Number: N1022294 Charity Number: 101359
The Confederation of Community Groups of Newry & District {A company Ilmlted by guarantee, not havlng a share ¢apital) CONTENTS Pag6 Trustees, and Other Information Trustees, Annual Report Statement of Trustees, Responsibilities Independent Auditor's Report 9-11 Statement of Financial Activities 12 Balance Sheet 13 Statement of Cash Flows 14 Noles to the Financial Statements 15-21
The Confederatlon of Community Groups of Newry & District (A company Ilmlted by guarantee, not havlng a share capltal) TRUSTEES, AND OTHER INFORMATION Trustees Ewan Morgan Kathleen Lowry Rosemarle McDonnall Anne Wood8 Deirdre Shlelds Rosemary Rooney Colln Hanna Mari&Clalro Fltzpatrlck (Appointed 14 July 2023) Kerrie Havern {Appointed 26 Octob6r 2023) Molra O'shea (Appointed 26 October 2023) Chairperson Maureen Ruddy Company Secretary Raymond Jackson Charlty Numbèr in Northern Ireland 101359 Company R8glstration Number N1022294 Reglstered Offlce and Principal Address Ballybot House Newry Counly Down BT35 8BG Auditors Malone Accounting Ltd Chartered Accountants and Registered Auditors 12 Causeway Road NEWCASTLE Down BT33 ODL Northem Ireland Prlnclpal Bankers Bank of Ireland 12 Trevor Hlll Newry County Down BT34 1 DT Sollcltor8 Claran Raffety 83 Hlll Street Newry County Down BT34 1 DG Northern Ireland
The Confederation of Community Groups of Newry & District {A company Ilmlted by guarantee, not havlng a share capltal) TRUSTEES, ANNUAL REPORT for the financlal year ended 31 March 2024 The trustees present their Trustees, Annual Report, comblnlng the Directors, Report and Trustaes, Report, and the audiled financial statements for the financlal year ended 31 March 2024. The financlal statements ar6 prepared In accordance wlth th6 Companies Act 2006, FRS 102 "The Flnanclal Reporting standard applicable in the UK and Republlc of Ireland. and Accountlng and Reporting by Charlllas: Statement of Recommended Practice applicable to charities preparfng their financial statements In accordance with tho Flnancial Reporting Standard appllcable In tha UK and Republic of Ireland (FRS 102). The Trustoos, Report Gontains the information requlrod to be provided In the Trustees, Annual Report under the statement of Recommended Practlce {SORP) guldellne8. The trustees of the company are also charity trustees for the purpose of charity law and under the company's consllbjtion are known as members of the board of truste6s. In th18 report the trustees of The Confederation of Community Groups of Newry & District present a summary of Ils purpose, govemance, activities, achievements and finances for the financlal year 31 March 2024. The charity is a reglstered charfty and hence the report and results ar6 presented in a form which complles with the requlrem6nts of the Companies Act 2006 and, alihough not obllged to comply wlth tha Ststement of Recommended Practice applicable In the UK and Republlc of Ireland FRS 102, the organisation has implemented tts recommendallons whare relevant in these financial statements. Mlsslon, ObJectlve8 and Strategy Mlsslon Statement The purpose of the Confederailon of Communlty Group8 is to support and encourage the development of voluntary actlon by communities and individuals and In so dolng contribLrte to the creatlon of a powèrftjl and incluslve community that will influence posltlve change. Overvlew The Confederatlon of Communlty Groups Is an umbrella organlsatlon for voluntary and communlty group8 In Northem Ireland In th6 Newry, Mourne & Down area. It offers advice, practical Support, servlces and training through a number of projects and seNlces. Its work Is funded by the Department for Communities, Newry, Mourne & Down District Councll, South&m Health & Social Care Trust, other Gov6rnm8nt Departments, statutory bodles and a variety of Independent bodles as well as its own social enterprise based at Ballybot House. The Confederatlon's current annual turnover is In the range £0.5m - £0.75m. It employs 12 people, has approxlmately 80 volunteers and is managed by a voluntary Manag6m&nt Committee drawn from its Communlty and Voluntary Group membershlp. Objectlves Th6 oblacllves of the company- as deflned by Its gov&mlng document- are: To develop programmes and seNices to advance community development, cltizenship and educatlon, promote volunteering, relieve poverty and distress, youth and the aged, and for the promollon of good health. and the promotion of raclal hamiony and dlvarslty. To promoto and improve the efficiency and effectlveness of charfties and voluntary and community groups by the provlslon and managem8nt for such organisaiions of offlce accommodation, daycare facllltles, conference, tralnlng, infomiation, advice, payroll and other facllltles, services or support. structure, Governance and Managèment structurè The Confederatlon of Community Groups 18 a company Ilmlted by guarantee and does not hava a share capltal. It Is govemed by articles of association and tho Ilablllty of each member Is Ilmltad to an amount not exceedlng £1. Th8 Confvderation of Community Groups has an Induction programme for now executive committee memb6rs as part of whlch they r&celv6 a comprehensive induction pack and attend an induction meetlng wlth the senior management team in which they are advlsed of thelr legal responsibility, main dutles and roles, The Execullve commlttee have ultimate legal and financlal responsibillly for the affalrs of Confederation of Communlty Groups, although the management of tha organisation is generally d&legated to the staff. The management commltteo meets on a monthly or bi-monthly basls.
The Confederatlon of Community Groups of Newry & District IA company Ilmlted by guarantee, not havlng a share capltal) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Revlew of Actlvltles, Achlevements and Performance Durlng the year wo provlded hlgh quallty projects and seNiGe8 and combined this work wlth our role as a Sub-reglonal network and communlty development support organlsatlon. We collaborated with a wide range of partner8, hosted several seminars and responded to a range of consultations. We contlnued to advocate on b&half ofthe Comlvol sector In relallon to economlc development, communlly Infrastructure, health & wellbeing and communlty engagement. Through our 80cial enterprise (Ballybot House and An Storas) we dellvered affordable office accommodatlon, rotail, day-care and venue hlrelconference facllltles. Thesa revenues together with other gen8rated incomo In our Resource centre and back-office generated approximately 530/0 of total "nomal" ravenues (excluding Hardshlp I cost of Ilving fundlng) In the perlod. We provided capacity building, advice and support to a wlde range of local communlty groups in areas such as . Asslstance wlth draftlng Constitullons Guidance on organizational structure and development Intemet acce8s and training Rlsk assossmonts and Insurance, Financial control and management, Grant-tra¢k6r advl¢e and help wlth grant applications for project actlvity, Access N.1. Enhanced Dlsclosura Checks. Through the Nelghbourhood Renewal Prograrnme the Confederation has been able to offer weekly 8UPPOrt to community associations in the most deprlved areas of Newry City. This work has seen continued Improvement in govemance structures withln local groups and has facllitated the dellvery of a vari6d range of servlce8 and actlvltlas in local ar6as. Outslde Newry Clty we worked wlth a wida range of additional communlty and sportlng groups In 2023124 including., Soul Slsters (Cullyhanna), WALD Centr6 (Cullyhanna), New¢own(Hamilton)Together - Women, 8 group, Derramore Men's shed (Bessbrook). Llslea Men's Shed. Newry Street Unlte (Kllkeol), Mon6ydarrydgh Community Hub. Clonduff GAC (Hllltown), Brookvalo Youth Club {B&ssbrook), Derramore Training & Development Assoclation (Bessbrook), Craobh Rua Hurling Club (Be8sbrook}, Oriel Tradltional Muslc Archiva (Amiagh l Louthl Monaghan), Swagath Indian Group (N&M wld&), Tlnnltus Group (Newry & Mourne wide). We as81Sted 16 groups in relation to Charity Registratlon, accountlng, reportlng and ¢omplianoe, We provided addlllonal tralnlng, operatlonal plannlng and sourclng of funding with many groups. We continued to take an active role In Community Planning (in particular wlth the engagement process between the statutory bodies and the comlvol sector) through our membership of local DEA Forums. We delivered 12 Community Development courses focuslng on good govem8nce and compliance issues to 17 groups. We also delivered courses in Safeguardlng Training and First Aid. In the perlod CCG facllltated & delivered tralning to 280 partlclpants across the Nawry and Moume area in the above courses. We have been working and delivering on the cross-border Clrcle of Leamlng proleci for tha past number of years and were dellghted to contlnue thls work Into tha 2023 to 2024 period. This innovatlV8 project is funded by tha Department of Foreign Affairs. Reconcillation Fund, and proloct managed by Co-operation Ireland. CCG are one of four Hub8 involved with the project, the other Hubs being County Annagh Communlty Devolopment, Dundalk Youth Parinershlp and the Clones Famlly Resource Centre. Each group received bespoke community development support tallored to thalr Indlvldual needs, and it helped them complate Basellne Skllls Audlts and Actlon Plans forthe groups. CCG then assisted wlth the deslgn of individual Soclal Action Plans to address key development Issues In oach locallty to Compliment the thematic pillars of the Reconclliation Fund, enabllng groups to address issues of peacebuilding, neorkIng and growlng connectlons. Older Peoples Communlty Programme: Our Good Day Good Carer seNlca cam6 to an end and has been merged Into the new Good Mornlng contract, During the perlod up to November 2023, when the n8w seNlce came into being, The Good Day Good Carer S6Ce made a total of 3813 calls to older carers right across the Southern Trust area. Tha average call time was 15 minutes, and this equated to 953 volunteer hours engaglng wllh and lending support to older Isolated carers In the community. The CCG'S Good Mornlng project in Newry and Moume has bean consolldating our volunteer base which now stands at 75 volunteers, expanding our volunteer nelwork in hubs, and continuing our work engaglng wlth key trust teams. We have been actlve In ongaglng wlth a number of community groups to fomi a8 Community Volunteerlng Hubs as part of the CCG'S Good Morning programme.
The Confederation of Community Groups of Newry & Dlstrlct {A company Ilmlted by guarantee. not havlng a share oapltal> TRUSTEES. ANNUAL REPORT forthe flnanclal yaar ended 31 March 2024 Communlty Hubs for the Good Moming programme are now developed in the Newry & Moume area wlth groups including WALD Centre (Cullyhanna), Llslea Men'8 Shed, Newry Stra8t Unite, Kilkeel, and Clonduff GAC. In the ABC Council area we are actively working wlth ABC Neork Portadown and th6 West Armagh consortlum, Amiagh men's Shed and The Wibe Armagh. 23573 calls were made In the year by our volunteers devotlng 3066 hours to the seNlce. Cost of Llvlng l Hard$hip Issues: We continued to act as comlvol sector rapr6sentatives on NMDDC'S Commuyity Coordinatlon Hub {CCH} and havè engag6d wlth statutory departments and others to help Coordinate the response to the cost-of-living crisls. CCG, together wlth SSF colleagues, h6lped co-ordinate a Dfc "cost of Living. (COL) fundlng programme (approx. £180k) via our establlshed "EOI" and 'Trust66d Partner scheme" and engaged with the comlvol sector In the Newry, S Armagh and S Down area Including food banks, SVdP etc. Wa completed the distribution of a £25k fundlng programme for people struggllng to pay utility bills {funded by Newry Credlt Unlon). This funding complemented the Dfc °COL" funding (which was restrlcted to Food only}. As load partner on behalf of the Strategic Stakoholder Forum {SSF) for Dfc's 'Hardshlp Fund" programme we were able to Cowordlnate a furlh6r £383k funding In the period Oct 23- Mar 24 perfod. We h61ped coordinate Norbrook's °We Care at Chrlstmas" programme (Includlng dlstribution of cooked food, food hampers and toys) over a slx w66k period up to Chrlstmas and Included 3 "older peoples. meals hosted at Norbrook headqu8rter8. We also coordinated Norbrook's Easter Good Friday meal on wh661s (150 meals distrlbuted 26131241. Clvlc Pollcy I Wlder 8ngag6ment We attandad Community Development Network Forum (CDNF) meetings throughout the period and attended meetings with NICVA and Dfc ICSSP) to dlscuss Cost of Living (COL) crlsls, civ1¢ infrastructure, and VCD funding issues. CCG staff attended "People & Place Revl6w' meetings and reglonal m6etings of the 36 NR Partnorships throughout the year as part of the wider review of regional support programmes and met wlth Colm Boyle (Pemianent Sacretsry Dfc) and Jayne Brady (Head of Clvll servlce). Financlal Results At the ond of the financial year the charity has ass6ts of £2,670,105 {2023 £2,620,274) and Ilabilities of £254,106 (2023 - £170,437}. The net assets of the charity have decreased by £(33,8381. Re8erv8s Position and Pollcy The Trustees conslderll prudent to hold monies in reseNe In the event that unfore8een circumstan¢6s should lead to financlal difficulties which might put the future of Its employment capacity and gen6ral charitable worf( In Joopardy. The policy is to malntaln a l@v&l of free reseNes which meets tho needs of the organisation both at the current tlme and in the foreseeable futuro. Free resèrves are its total funds excludlng restricted funds, deslgnated funds or income funds. Prfnclpal Rlsks and Uncertainties The management committee has actlvely rovlewed the major risks whlch the charity faces and believes that the charlty has sufficient re80urce8 In the event of adverse condltions. The management committee has also oxamined other business and operational risks, whlch the charfty faces and confirms that it has establlshad systems to mltigate significant risks.
The Confederation of Community Groups of Newry & Dlstrict (A company Ilmltod by guarantee. not havlng a Sharo capltal) TRUSTEES, ANNUAL REPORT for the financlal yoar ended 31 March 2024 Trustees The tru8tee8 who seNed throughout the financlal year, except as notad, were as follows: Ewan Morgan Kathleen Lowry Rosemarfe McDonnell Anne Woods D6irdre Shield8 Rosemary Rooney Colin Hanna Marie£laire Fitzpatrick (Appointed 14 July 2023) Kerrie Havern (Appointed 26 October 2023) Moira O'shea (Appolnted 26 October 20231 In accordanc6 wlth the Constitution, the trustees retlr8 by rotstion and, being ellgible, offer themselves for re-electlon. The secretary who served during the financlal year was: Raymond Jackson Compllance wlth Sector-wldo Législation and Standards The charfty engages pro-actively with leglslatlon, standards and codes whiGh are developed for the Sector. The Confederatlon of Community Groups of Newry & Dlstrict subscribes to and Is compliant with the following: The Companies Act 2006 Tha Charities SORP (FRS 102) Thè Audltors The audltors, Malone Accounting Ltd, {Chartered Accountants) have indlcated thair willingne8S to continue in offica In accordance with the provlslons of Socllon 485 of the Companlos Act 2006, Approved by the Board of Trustees on 17 October 2024 and $lgned on Its behalf by: re6n Ruddy Chairperson
The Confederation of Community Groups of Newry & District (A company Ilmlted by guarantee, not havlng a sharo capltal) STATEMENT OF TRUSTEES, RESPONSIBILITIES for th6 financial year ended 31 March 2024 The trustees, who are also directors of Tho Confederatlon of Communlty Groups of Newry & Distrlct for the purposes of company law, are responsible for preparfng the financial statements In accordance with applicable law and regulations. Company law requlres the trustees as the directors to prapare financial statements for &ach financial year. Under that law the trustees have elected to prepara the financial statements in accordance with United Klngdom Generally Accepted Accounting Practice (United Klngdom Accounting Standards and appllcable law) Includlng FRS102 "The Financlal Roporting Standard applicable in the UK and R6publlG of Ireland. Under company law the trusteos musl not approve the financial statements unless they are satisfied that they glv6 a twe and fair view of the state of affairs of the charlty and of the net income or expendiiure of the charity for that perlod. In preparing these financlal statements, tha tru8tees are required to.. salect suitsble accounting policie8 and apply thom consistently. obseNe the methods and prtnclpl&$ In the Charities SORP make judgements and accounting estlmatos that are reasonable and prud&nt' state whether the financial statements have been prepared in accordance wlth applicable accountlng standards, identlfy those standards, and not6 the effect and the reasons for any material departure from those standards. and prepare the financial statements on the golng Conoem basi8 unless It Is Inappropriate to presume that the charity will continu6 In op6ratlon. As explained In note 3. state whether the appllcable in the UK and Republlc of Ireland FRS 102 has been followed. The trustees are responsible for keeplng adequate accounting records that ara sufficlent to show and explaln the charlty's transactions and disclose with reasonable accuracy at any time the flnanclal posltion of the charlty and enable them to ensure that the financlal statements comply wlth the Companies Act 2006. They are also re8ponslblo for safeguarding the assets of the charity and henc6 for taking reasonable steps for the prevention and detaction of fraud and other Irregularltles. In so far as the truste8s are aware: there is no relevant audit information (Informatlon needed by the charfty's audltor in connection wlth ppaling the audltor's report) of whlch the charity'8 auditor Is unawar6, and the trustees have taken all the stops that they ought to have taken as twstees in order to mak& themselves awara of any relevant audlt infomation and to establlsh that the charity's audltor Is aware of that informatlon. Approved by the Board of Trustees on 17 October 2024 and slgned on Its behalf by: ureen Ruddy Chalrpèr8on
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & District (A company Ilmited by guarante9, not havlng a share capttal) Report on tho audlt of the flnancial statement8 Oplnlon We have audited the charity financlal statèments of The Confederation of Community Groups of Newry & District {'thG charity,) for the financial year ended 31 March 2024 which comprise the Statement of Financial Activities (Incorporating an Income and Exp&nditur8 A¢count}. th8 Balance Sheet, th6 Statement of Cash Flows and notes to the ffinanclal statements, including the summary of slgnlficant accounting policies set out In note 2. The financial reportlng framework that has beon applled in their preparation is appllcablo law and United Kingdom Accountlng Standards, includlng FRS 102 Yhe Flnanclal R6POrting Standard applicable In the UK and Republic of Ireland" and Accounilng and Reportlng by Charities.. Statement of Recommended Pracllce appllcable to charities preparing thelr accounts in accordanc8 Wlth FRS 102. In our opinion, when reportlng In accordanc6 with a fair presentation framework the financlal statements: glve a Irue and falr view of the Stste of the charlty's affalrs as at 31 March 2024 and of Its deficlt for the financial year then ended. have been properfy prepared in accordance wlth Unlted Klngdom Generally Accopt6d Accounting Practlce. and have been prepared in accordance with the requlremonts ofthe Companies Act 2006 and the Charities Act (Northern Ireland} 2008. Basls for oplnlon We conducted our audtt In accordanc6 wlth Intematlonal Standards on Audltlng (UK) (ISAS (UKI} and applicable law. Our rosponsibilities under those standards are furlh&r described in the Audltorfs responslbllltles for the audlt of the financial statements sectlon of our report. We are independent of tho charity in accordance with ethlcal requirements that are relevant to our audit of the financlal statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our othèr @thical responsibilities in accordanco wlth th6se requirements. We belleve that the audit evldenc6 we have obtsined is sufflclent and appropriata to provide a basis for our oplnlon. Concluslons relatlng to golng concem In auditing the financial statements, wo hav6 Concluded that the trustees, us6 of the going concem basls of accounting In the preparatlon of the financial staiement8 is approprlata. Based on the work we have performed, we have not Identifiad any material uncertalntles relatlng to events or condltion8 that. individually or collectlvoly, may cast significant doubt on the charlty's abllity to continue as a golng concem for 8 period of at least e1ve months from tha dat6 when the financial statements are aulhorised for issue. Our responslbllitles and the responslbilllles of the trustees wlth respect to going concem are descrfbed In the relevant secllons of this report. Other Informatlon Th6 other Information comprises the infomatlon Included in the annual report other than the financlal statements and our Audltorfs Report thereon. The trustees are responslble for th6 Other information contalned withln the annual report. Our opinion on the financlal statements does not cover the other Infonration and, except to th& extent otheIs explicltly stated in our report, we do not express any fomi of assurance concluslon th6reon. Our respon81bility is to read the other Infomatlon and, in doing so, conslder whether the other infomatlon Is materially Inconslstent with the financial statements or our knowledge obtained In the course of the audit, or otheIs6 appears to be materlally mlsstat6d. If we identify such material Inconslst6ncies or apparent material mlsstatements, we are requlred to detemiine whether thls glves rlso to a material misststement in the financial statements themselves. If, based on the work w8 have performed, we conclude that thera Is a material mi8Statement of thls othér infomiallon, we are requlred to report that fact. We have nothing to report In thls regard. Opinion on other matter prescrfbed by th8 Companies Act 2006 In our oplnlon, based on the work undertaken in the cours6 of tha audit: the Infomatlon glven In the Trustees, Annual Report for the ftnancial year for which the financlal statements are prepared is consistent with the financlal statements; and the TrLFSt6es' Annual Report has been prepared In accordance with applicable legal requlrements,
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & District (A company Ilmlted by guarantee, not havlng a share capltal) Matters on whlch we are requlred to report by exceptlon In the light of our knowledge and understandlng of the charity and Its environment obtained in the course of the audit. we have not Identified material misstatements in the Trustees, Annual Report. We have nothlng lo report In respect of the followlng matt6rs where the Companies Act 2006 requires us to report to you If, In our opinion: adequate accountlng records have not boen kept,, or the financlal statements are not In agreement wllh the accounting records and retums; or certaln disclosures of trustees, remuneration specified by law are not mado. or the trusteos were not 6ntMed to prepare the financlal statements in accordance with the small companies regime and take advantsge of the small companies, exemption in preparlng tho Trustees, Annual Report. Responsibilit188 of trustees for the flnanclal statements As 6xplalned more fully In the Statement of Trustees, Responslbllltles sot out on paga 7, the trustees are responslbla for the preparation of the financial statements and for being Satisfied that they give a true and fair vlew, and for such Internal control as thoy detemilne Is necessary to anabla tha preparation of financial statements that ar6 frae from materfal misststement, whether due to fraud or error. In preparfng the financial statements, the trustees are responslble for assessing the charity's ability to contlnuo as a golng concern, disclosing. as applicable, matters related to golng concern and uslng th& golng concern basls of accounting unlass managem6nt aither Intends to liquidate the charity or to cease operations, or has no realistic 8lternatlve but to do so. Audltorfs responslbllltles for th8 audlt of the flnanclal statsmgnts Our oblectlves are to obtain reasonable assurance about whether the flnanclal statements as a whole are free from material misstatemant, wheth6r du& to fraud or error, and to issue an Auditor's Report that includ6s our oplnion. Reasonable assuran is a hlgh level of assurance, but Is not a guarantee that an audit conducted in accordance wlth ISAS (UK} will always detect a material misstatement when it exlsts. Mlsstalements can arlse from fraud or error and are considered matarlal If, Indlvldually or In the aggregat&, they could reasonably b8 expected to influence the economiG d6clslons of users taken on the basis of these financial statements. Irr6gularEtles. Includlng fraud, are Instances of non-compllance wlth laws and regulatlons. We deslgn procedures In Ilna wlth our responsibilities. outlined above, to detect material misststements In respect of Irregularlties, including fraud. The extent to whlch our procedures ar6 capable of d6tecting irregularities, including fraud is detalled below: Further Information rggarding tho scope of our responslbllltles as audltor As part of an audlt In accordance wllh ISAS (UKI, we exercise professional judgement and maintaln profassional sc6ptlclsm throughout the audit. We also: Identify and assess the risks of materlal mlsstatement of the financial statements, whether due to fraud or error, deslgn and perfom audlt procedures responslve to Ihoso rfsks, and obtain audit evidence that is sufflc16nt and approprlate to provide a basis for our opinion. The risk of not dotectlng a material misststement resulting from fraud Is higher than for one resulting from error, as fraud may involve collusion, forgery, Intentlonal omi88ions, misr6prasontatlons, or the overrlde of Internal control. Obtaln an understanding of intemal control relevant to the audlt In order to d6slgn audlt procedure8 that are appropriate in the circumstsnces, but not for the purpose of expressing an oplnlon on the &ff6cllvene88 of the charity's Internal control. Evaluate the appropriateness of accounting policles used and the reasonableness of accounting esllmates and relaled disclosures mad6 by twstees. Concluda on the approprlatonèss of the trust6os' use of the golng concem basis of accounting and, based on the audlt evldence obtained. whether a material uncertalnty exlsts rolatad to @vents or condltion8 that may cast slgnificant doubt on the charity's ability to continue a8 a going concern. If we conclude that a matarial uncertainty exlsts, we are requlred to draw altentlon In ourAudltols Report to the related disclosures in the financlal statem6nts or, If such disclosures are inadequate, to modify our oplnlon. Our concluslons are based on the audit evldonca obtslned up to the date of our Auditor's Report, However. future events or condlttons may cause the charity to cease to continue as a golng concorn. Evaluate the overall presentation. structure and content of the financlal ststaM@nts, includlng the disclosures, and whether the financial Siatements represent the underlying transactlons and ovants In a manner that achieves falr presentation. 10
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & Dlstrict (A company Ilmited by guarantoe, not having a share capltal) We communlcate wlth those charged wlth govemance regarding, among other matters, the planned scope and timing of the audit and significant audit findings. including any slgnlfficant d&ficlencies in intemal control that w6 identify durfng our audit. The pvrpose of our audit work and to whom we ow6 our rèsponsibilities This report is made solely to the charlty's members. as a body, In accordance wlth Chapter3 of Part16 of the Companies Act 2006. Our audit work has been undertaken so that we mlght state to the charity's members those matters we are r8qulr&d to state to them in an audltorfs report and for no other purpose. To the fullest extent permltted by law. we do not accept or assume responslblllty to anyone other than the charity and the charlty's memb&rs as a body. for our audit work, for this report, or for the opinions we have fomied. Brendan Malone (Senlor Statutory Audltor) for and on half of Malone Accountlng Chartered Accountant8 and Reglstered Audltors 12 Causeway Road NEWCASTLE Down BT33 ODL 17 October 2024 11
The Confederation of Community Groups of Newry & District {A company Ilmlted by guarantee, not havlng a share capitsl) STATEMENT OF FINANCIAL ACTIVITIES {Incorporating an Income and Expgndlture Account) for tho financlal year ended 31 March 2024 Unrestrlctod Rèstricted Funds Funds 2024 2024 Total Unr8strlct6d Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Note8 Incomlng Resources Charltable acllvitles Grants from gov6mments and other co-funders Activlt16s for g6nerating funds 31,950 553,075 585,025 42,740 309,640 352,380 290,887 290,887 286.252 286,252 Tolal Incom8 322,837 553,075 875,912 328,992 309,640 638,632 Expénditure Charitable activtties 343,844 565,906 909,750 329,625 288,586 618,211 Net Incomel(expendlture) (21,007) (12,8311 133,838) 1633) 21,054 20.421 Transfars bètween fund8 Nèt movement In funds for the flnanclal year {21,007) {12,831) (33,838) {633} 21,054 20,421 Reconciliation of funds: Total funds beginnlng of the year 15 2,523.015 (73,178) 2,449,837 2,523,648 (94,232) 2,429.416 Total funds at the end of the year 2,502,008 (86.009) 2,415,999 2,523,015 (73.178) 2,449,837 Tha Statement of Financlal Activities includes all gains and losses recognlsed in the financial year. All income and expendlture r61ato lo conllnulng activitle8. The notes on pages 15 to 21 form part of the flnandal slalemonls 12
The Confederation of Community Groups of Newry & Distrlct IA company Ilmltod by guarantoo, not havlng a share capltal) Company Number: N1022294 BALANCE SHEET as at 31 March 2024 2024 2023 Notes Fixed Assets Tangible assets Investments 2,094,431 2,094,431 10 2.094,432 2,094,432 Current A8sets Debtors Cash at bank and in hand 11 12 179,641 396,032 78,136 447.706 575,673 525,842 Credltors: Amounts falllng due wlthln one year 13 (254,106) (170,437) Net Current Assets 321,567 355,405 Total Ass6ts18s8 Curr8nt Llabllltle8 2,415,999 2,449.837 Funds Restrlcted trust funds Designated fiJnd8 (Unrestricted) G6n6ral fund (unrestrlcted) (86,009) 1,265,219 1,236,789 {73.178) 1,265,219 1,257.796 Total funds 15 2,415,999 2,449.837 Thes6 financlal statements have been prepared In accordance with the special provlsions relatlng to small companies withln Part 15 of the Companles Act 2006. Approved by the Board of Tru8t668 and authorlsed for Issue on 17 October 2024 and slgned on Its behalf by Ma rèon Ruddy Chalrp8r8on The notes on pages 15 10 21 form part of the financlal statements 13
The Confederation of Community Groups of Newry & District STATEMENT OF CASH FLOWS forlhe financial year end&d 31 March 2024 2024 2023 Notes Cash flows from operatlng actlvltles Net movement In funds Adjustments for: Deproclatlon (33,838) 20,421 3,732 (33,838) 24,153 Movements In worklng capltal: Movement in debtors Movement In credltors {101,505) 96,527 246,226 (118.455) Cash (used Inygenerated from operations (38,816) 151,924 Net (decrease)Ilncrease In cash and cash equlvalents Cash and cash equivalents at the beginning of the year (38,816) 347,790 151,924 195,866 Cash and cash equivalènts at tha end of the year 12 308,974 347,790 14
The Confederation of Community Groups of Newry & District IA company Ilmltod by guarantgo, not havlng a share capltal) NOTES TO THE FINANCIAL STATEMENTS for the finanGial year ended 31 March 2024 GENERAL INFORMATION Th8 Confederallon of Communlty Groups of Newry & Dlstrict Is a company Ilmlted by guarantea incorporated In Northem Ireland. The registered office of the company Is Ballybot House, Newry, County Down, BT35 8BG which is a180 the prln¢ipal place of business of the charity. The financlal statements havo been presented In Pound {£) whlch Is also the funcllonal currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policles have been appllad consist8ntly In dealing with items whlch are consldered material in relation to th6 charity's financial statements. Basls of preparation The finan¢lal stst6m6nts have been prepared under the historical cost conventlon, modlfled to Include certaln Items at falr value. The financlal statements hav& been prepared in accordance with the Statement of Recommended Practice (SORPI "Accounting and Reportlng by Charltlos proparing their accounts In accordance wlth the Flnanclal Reportlng Standard applicable in the UK and Republic of Ireland FRS 102" As pemiitted by the Companles Act 2006, the charity has varfed the standard fomats in Ihat act for the statement of Flnancial Actlvitles and the Balanc6 Sheet. Departures from the standard formats are to Comply with the requirements of the Charities SORP and are In compllanc6 wEth section 4.7, 10.6 and 15.2 of that SORP, statement of compllanc9 Tha financlal statements of the charlty for the financial year ended 31 March 2024 have been prepared on the golng concern basis and in accordance wlth the Statemont of Recommended Practice (SORP) "Accounllng and Reporting by Charities preparing their accounts in accordance wlth the Flnanclal Reportlng Standard applicable In the UK and Republlc of Ireland FRS 102.. Fund accountlng The followlng are the categorfes of funds malntalnod,. R6strlct6d funds Restricted funds represent Income received whlch can only be usod for partlcular purposas, as specified by the donors, Such purposes are within the overall objectives of the charity. Unrestrlcted funds Unrestrfctod funds conslst of Gen&ral fvnds & Designated fvnds. General funds represent amoun18 which are expendable at the dlscr6tlon of the board, in furtherance of the objectlves of the charfty. Designated funds fom part of the company's unrestrfcted funds and are those fund8 which are to be used for particular purposes In th6 future. The designated fund is in respect of the fundlng recelved for the An Storas Bulldlng. Incomlng Resources Income Is recnIsed by Incluslon In the Statement of Financial Activities only when the charity Is legally entiued to the Income, performance condlllons attached to the item(8) of income have been met. the amounts involved can be measured with 8ufficient reliabillty and It Is probabl& that the income wlll be received by the charlty. Incom8 from charltable actlvltl88 Income from charitable activities include Income earned from the supply of seNices under contractual arrangements and from performance related grants which have condltlons that spaclfy the provision of particular servlcos to bo provlded by the charfty. Income from government and other COThfunders Is recognls6d when the charity is legally entitled to the income because It Is fulfilllng th6 condltions contained in the related fundlng agreements. Where a grant is received in advance, its recognltlon Is deferred and Included In creditors. Where entitlemant occurs b8for6 Incoma Is received, it 18 accrued in debtors. Grants from govemments and other co-funders typlcally include ono of the followlng types of conditions: Performance based condltlons.. whereby th6 charityls contractually entitled to funding only to the extont that the core objectives ofthe grant agreement are achleved. Whore the charlty Is m8ellng the core objectives of a grant agreement, it recognlsos the ralatad expenditure, to the extent that It Is relmbursable by the donor, as Income. 15
continued The Confederation of Communlty Groups of Newry & District (A company Ilmlted by guarantee, not having a sharo capltal} NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 Time based condltions: whereby th& chartty is contractually entitled to fundlng on the condltlon that it Is utlllsed in a particular period. In these cases the charlty racognlses the income to the extent tt Is utlllsed within the perlod speclfied In the agreement. In the abs&nce of such conditions, assuming that recelpt Is probable and the amount can be r6llably measured, grant Incomo Is recognlsed once the charity is notlfied of entltlement. Grants recelved towards capital expenditure are credlted to the Statement of Financial Activltles when recelved or receivable, whichever Is earllar. Expenditure Expendlturo Is an8lysed beeen costs of charftable actlvltles and raising funds. The costs of each actlvity are separately accumulated and dlsclosed, and analys8d according to thelr major components. Expendlture 18 recognlsed when a legal or constructtve obllgatlon @xists as a result of a past event, a transfer of economlc benefits Is requlred In settlement and the amount of the obllgatlon can be rellably measured. Support costs are those functions that asslst Iha work of the charity but cannot be attrlbuted to ono activity. Such costs are allocated to activities In proportion to stsff tlme spent or other suitsble measure for each acllvlly. Tanglble flxed assets and dèpreclatlon Tangible fixed asset8 are stated at cost or at valuation, less accumulated depreciatlon. Inv8Stments Investments held as fixed assets are statod at cost less provision for any pemanent dlmlnutlon in value. Incoma from otherfinanclal fixed asset investments together wlth any related tax credit is recognised in the Income and expenditure account in the flnanclal year in which it is receivable. Dèbtors Debtors are recognlsed at the settlement amount due after any dlscount offered. Prepayments ara valued at the amount prepaid net of any trade dlscounts due, Income recogni8ed by the charlty from government agencles and other c(Ffund@rs, but not yet received at financlal year and, Is Included in debtors. Cash at bank and In hand Cash at bank and In hand wmprises cash on deposlt at banks requlring less than three months notice of withdrawal. Taxation No current or deferred taxation arises as the charity has been grantGd Charftable exemption. Irrecoverable valued added tax Is expensod as incurred. GOING CONCERN Thes8 financial statements have been prepared on a going concem basls due to the forocast availabillty of conlnulng grant asslstance and income. 16
continued The Confederation of Community Groups of Newry & District (A company Ilmlted by guarantee, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS for th8 financlal yèar ended 31 March 2024 INCOME CHARITABLE ACTIVITIES Unrestricted Restrlcted Fund8 Funds 2024 2023 Grants from government8 and othér co-funders: DFC Hardship Fund DFC Social Supermarket Project SSM Food Crfsls EOI Newry Credit Union Utilities Fund 161,211 133,473 26,207 24,000 161,211 133,473 26.207 24,000 48,285 1,000 DFC (Communlty Investment Fund) SHSCT (Older People} NMDDC (Nelghbourhood R6n8wal Grants) NMDDC Core Fund HSCB OLrt-Bound Telephone Support John Moore Foundatlon Cfroperatlon Ireland {Circle of Leamlng) Community Work & Education PCSP Older People Hom6 Sacured Support SHSCT Volunteer Student Recruitment Scheme HSCB Carfng N&lghbour Pilot Project SHSCT (Wave Prolect) SSF Covid Recovery Addendum DFCIVCD Enorgy Grant SSM Covid Food Support 64,641 63,828 50,766 64,641 63,828 50,766 25,800 17,500 10,000 6,150 1,449 66,508 38,072 51,366 25,800 30,000 25,800 17,500 10,000 8,150 16,940 1.772 10,270 2.250 5.222 3,780 8,651 1,500 40.964 1,449 31,950 553,075 585,025 352,380 OTHER TRADING ACTIVITIES Unrestrlcted Restrlcted Funds Funds 2024 2023 Ballybot House Development Allocation of Overhead Costs to Pmlects Resource Centre Management Feas Affiliation fees 239,153 7,600 5,894 37,200 1,040 239,153 7,600 5,894 37,200 1,040 242,247 6,248 4.517 31,900 1,340 290,887 290,887 286,252 EXPENDITURE CHARITABLE ACTIVITIES Dirgct Co8t8 Other Costs Support Costs 2024 2023 DFC Hardship Grants DFC Soclal Sup@rmark&t Project SSM Food Crisis EOI Newry Credit Union Utilities Fund 161,211 133,473 26,207 24,000 161,211 133,473 26,207 24,000 48,284 1,000 Charitsble Actlvltles NMDDC Neighbourhood Renewal Co-Op6ratlon Ireland (Circle of Leamlng) Govemance Costs (Note 5.2) Communlty Work & Education Volunteer Expenses Wave Project Covld Recovery Addendum SSM Covld Food Support 326,898 56,802 4,861 164,955 5,654 491,853 62,456 4,861 445,885 61.020 5,654 3,390 1,449 3,390 1,449 850 3,390 1,958 705 700 8,651 40,964 850 738,291 171,459 909,750 618,211 17
continued The Confederation of Community Groups of Newry & District {A company Ilmltgd by guarantee, not havlng a share capltal} NOTES TO THE FINANCIAL STATEMENTS for the financlal year ènded 31 March 2024 GOVERNANCE COSTS Dlrect Costs Other Costs Support Costs 2024 2023 Charitable activlties - govemance costs 3,390 3,390 3.390 ANALYSIS OF SUPPORT COSTS 2024 2023 Light & Haat Repalrs & Malntenance Administration & Management Charge Telaphone Computer Costs Insurance Rent & Servlco Charge General Expenses Printing & Stationery Hospltality Bank fees staff Trainlng Volunteer Expenses Water rates Health & Safety Depreciation 46,598 33,218 30,423 13,078 9,885 8,866 7,431 5,949 5,947 4,764 2,022 1,612 850 816 30,325 15.440 30,400 14,186 2.550 9,202 7,759 4.716 8,296 3,509 1,245 1,647 705 973 764 3,732 171,459 135.449 NET INCOMING RESOURCES 2024 2023 Net Incomlng R6sourc88 ar8 Statéd aftér ¢harglngl{credltlng): Depreciation of tanglble assets Auditorfs remuneration.. - audlt servlces 3,732 3,390 3,390 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employad (including executive trustees) during the financlal year was as follows:12 2024 Number 2023 Number pomian6nt 12 13 Tha staff costs comprise: 2024 2023 Wag6s and salarfes Soclal socurfty costs Pension cost8 335,314 26,018 18,288 325,197 24.954 17,687 379,620 367.838 No employees recelve benefits of more Ihan £60,000. 18
contlnued The Confederatlon of Communlty Groups of Newry & Distrlct IA company Ilmited by guarantee, not having a share capltal) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 TANGIBLE FIXED ASSETS Land and Flxture$. buildings flttlngs and freehold equipment Total Cost or Valuation At 31 March 2024 2,094,431 341,717 2,436,148 Depreclatlon At 31 March 2024 341,717 341,717 Net book value At 31 March 2024 2,094,431 2,094,431 At 31 March 2023 2,094,431 2,094,431 10. INVESTMENTS Group and partlclpatlng undertaklng8 Inve8tm6nt8 Cost At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 11. DEBTORS 2024 2023 Trade debtors Grant debtors Propaymonts 11,819 165,688 2,134 28,419 48,667 1,050 179,641 78,136 12. CASH AND CASH EQUIVALENTS 2024 2023 Cash and bank balances Bank overdrafts 398,032 (87,058) 447,706 {99,916) 308,974 347.790
contlnuad The Confederation of Community Groups of Newry & District {A company Ilmlted by guarantee, not havlng a share capltal} NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 13. CREDITORS Amounts falling due withln one year 2024 2023 Bank overdrafts Taxatlon and soclal socurlty costs Accruals and deferred Income 87,058 9,376 157,672 99,916 9,249 61.272 254,106 170.437 Tho Department of Health and the Department for Infrastructure hold as securlty a deed of covenant and charge to the amount of £100,000 and £400,000 respecllvely In respeGt of the company's propety at Commarket. Nèwry. Th6 D@partm6nt of Agriculture, Environment & Rural affalrs for N Ireland also hold as securlty an all monles debenture In respect of tha land and premises at Cornmarf(et, Newry. The Department for Communities hold a fixed charge on the An Storas building. Bank of Ireland hold a floatlng d6bentur& over the company. 14. RESERVES 2024 2023 At the beginning of the year {DaficltySurplus for Ihé financlal year 2.449,837 {33,838) 2,429,416 20,421 Al the end of the year 2,415,999 2,449,837 15. FUNDS 15.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcted Restrlcted Funds Funds Total Funds At 1 Aprll 2022 Movem6nt durfng the financlal year 2,523,648 (633) (94,232) 21,054 2,429.416 20.421 At 31 March 2023 Movement during the financial year 2,523,015 {21,007) (73,178) (12,831) 2.449,837 (33,838) At 31 March 2024 2,502,008 (86,009) 2,415,999 20
continued The Confederation of Community Groups of Newry & District IA Company Ilmlted by guarantee, not havlng a sharè ¢apltal) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 15.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Aprll 2023 Income Expendlture Transfers between fund8 Balance 31 March 2024 Restrlcted funds Ballybot House Development Communlty Inv6stm6nt Fund Community Store Community Work & Educatlon Credit Union 011 Fund DFC Social Supemiarket Nelghbourhood Renewal 3 Newry, Moume & Down District Council Neighbourhood Renewal Newry, Mourne & Down Dlstrfct Councll Hardship Fund Volunteerlng & Oldér People's projact 1767) (31,764) 2,354 8,847 (767) (28,597) 2,354 8,847 64,641 61,474 1,449 24,000 133,473 50,766 26,207 1,449 24,000 133,473 62,656 26,929 (92,873) 50,120 (104,763) 49,398 161,211 161.211 (9,0951 91,328 94,714 (12,481) {73,178) 553,075 565,906 (86,009) Unre8lrlct8d funds An Storas Ballybot House Development Community Resourc& Centre General Fund Newry, Mourne & Down Distrfct Council 1,265,219 1.431,432 10.345 (77,949) (106.032) 1,265.219 1,454.150 14,926 (119,042) {113,245) 239,153 5,894 51,990 25.800 218.435 1,313 93,083 33,013 2,523,015 322,837 (343,844) 2,502,008 Total fund8 2,449,837 875,912 909,750 2,415,999 16. STATUS The charity is limited by guarantee not havlng a share capltal. The liability of the members is limlted. Every member of the company undertakes to contrlbute to the assets of the company In the event of Its being wound up while they ar6 members, or wlthin one financlal year thereafter, for the payment of the debts and Ilabllltles of the company contracted before they ceased to be membars, and the costs, charges and expenses of winding up, and for the adjustment of the rights of th6 contributors among themselves, such amount as may be required, not exce6dlng £ 1. 17. CONTINGENT LIABILITIES The Confederation of Community Groups has obligations under standard grant letters of offer to repay amounts received as grants In the event of the breach of or non-compliance wlth the conditions of tha agreements. At present the trustees bo116ve that all grant conditions have been complied wlth, and that no liablllties exist. POST-BALANCE SHEET EVENTS 18. Thera have been no signlficant events affecting the Charfty slnce the financial year-end. 21