COMPANY REGISTRATION NUMBER: N122025 CHARITY REGISTRATION NUMBER: N1101381 RAMS (NI) LTD Company Llmlted by Guarantee Unaudited Financial Statements 31 December 2019 AUBREY CAMPBELL & COMPANY Chartered Accountants 631 Lisburn Road Belfast BT9 7GT
RAMS (NI) LTD Company Limited by Guarantee Financlal Staiemenis Year ended 31 December 2019 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 10 11
RAMS (NI) LTD Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Dlrector's Report) Year ended 31 December 2019 The trustees, who are $0 the directors for the purposes of company law, presenl their report and the unaudited financi slatements of the charity lor the year ended 31 December 2019. Reference and admlnlgtvatlve detalls Reglstered charlty name RAMS {NII LTD Charlty Tegistratlon number N1101381 Company registration number N122025 Prlnclpal offlce and reglslered 94195 City Business Park olflce The Cutts Dunmurry Belfast BT17 9HU The trustees Mrs P Crawford MrWJBeck Mrs M Wilkinson MTS K Gervin Mr S Mcerlean Mrs R Gillis {Relired 24 May 20191 IApF)ointed 24 May 20191 Company secretary Mrs Penny Crawford Independent examlnèr John Magee 631 Lisburn Road Belfast BT9 7GT
RAMS (NI) LTD Company Limited by Guarantee Trustees, Annual Report (Incorporating Ihe Director's Report) {contthuodJ Year ended 31 December 2019 Stru¢lure. govemance and management Goveinlng Documant Race Against Multiple Sclerosis {RAMS) is a company limited by guaranteelcompany No.. N1220251 and is a registered chafity with the Northern Ireland Charity Commission INIC 1013811.The charity was incorporated on 12th October 1988. 11 was lounded under a Memorandum of Association which established the objects and powers of the charitable company and is governed by ils Articles of Association, which were amended and approved by Special Resolution on 27th April 2015 to enable individuals with both MS and other debilllatlng conditions to avail and benefft from its services. Org8nl$atlonal Stwcturo The charity is managed by the Trustee Management Committee comprising the company dire¢tOFS and meets at least quarterly. The Committeo sgts the strategic direction, budgets, policies and practices ol the charity and monktors its successes and performance. Day to day management ol the charity is delegated to the Centre Manager ,including training and supervision of Staff. Recrultment and Appointment of Managemenl Commlttee A minimum 01 3 and maximum of 10 Bowd Members are appointed by electlon at ea¢h Annual General Meeting IAGMI of the charity. Board Members must relire from office al each AGM and are eligible for re-election. The charity can appoint an emrloyee to the Committee where this is in the best interests of the oharily., Ihe advanlagès ol this clearfy outweigh the disadvanla9es' conllicls ol interests can be adequately managed- and the employee receives no additional pay or benefits as a direct result ol becoming a Trustee. Thè oflicers ol tho rnpanY are appointed by the Board at their lirst meeling following the AGM. Trustee Inductlon and Tralnlng New Trustees are briefe<l on the objectives and aclivities of the charty and the environment within which it operates and on their dLrties and responsibilities to the charity, its supporters and beneflciaries. All Twstees are required to familiarise themselves with the charills policies and procedures and wllh The Northern Ireland Charity Commission's 'Running your ¢harity.' support lor charlty Trustees on key aspects ol running a charity effectively,. Rlsk Management The Trustees have conducted a review ol the risks to which the charity is exposed and assessed their relalive significan¢e. Where appropriate, systems and procedures have been established to mlligato the risks the Charity faces. Polieies and procedures are in place lo ensure the health and safety of stall, volunteers, users and visitors of the Centre. These procedur95 are periodically reviewed lo ensure that they ¢ontinue to meet Ihe needs of the charity. The Trustees ar8 responsible for preparing the Tnjstees Annual Report and the ttnanclal statements in accordance with applicable law. The trustees have paid due regard to the Charity Commission guidance on public benefit. The lrnstees are confident that RAMS, aims and objectives are in accordance with the regulations on public benefit.
RAMS (NI) LTD Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) {conHni*d) Year ended 31 December 2019 Oblectlves and actlvltles Purpoge9, obl8Ctlves and actlvltles RAMS, main purpose, as sel out In Its Memorandum and Articles ol Assoclatlon. Is to ald and improve for the public benefit the health, well-being and qualily ol lile of those Ilving In Northern Ireland wilh Muliiple Scleyosls Imsland olher debilitating health conditions. This is accomplished by: providing a range ol holistic and ben6licial complemenlary medical therapies offering specialist support to individuals, carers and families providing professional inlormation, guidance and advrce providing a community therapy centre where individuals and their families can meet lo help and support one another people affected by lifelong debilitating illnesses slill have a meaningful role wtlhin socièty- to family, work, spiittual, social and community life. We believe they should have ac¢e$$ to treatment and SUPF)Ort services that are: hollstic in Iheir approach useful and impacl pos11ively on health and well-being additional and complemenlary to any existing seNices of high quality delivered by statt Vth specialist expertise attordable conveniently located easily accessible community based We aim lo help those with MS and other chronic debilitaling conditions to leel and lunclion better., slay as active and independenl as possible., remain living in their own homes- continue in eduealion and paid employTnenl- carry on callng for their children and dependanls- feel more confident and able lo cope and less isolated. stressed and depressed- think positively., plan ahead- look forward to ihe future- and ènjoy participating in family, leisure, spiritual and community life. We support people living across the entire province ol Northern Ireland. Ensurlng our work dellvers the charlty's alms The Trustees refer io the guidance provided by the Charity Commisslon on publlc benefit when planning any activllles to ensure they conform wlth the charity's purpose and lundamentsl ethos and contribule to the achievement ol RAMS, aims and objedlves. In addtt4on, RAMS has a general policy to bring together persons living with MS and persons inlerested Sn MS. and those living wth other debilitatlng condlllons, lo form a member based community. in which Ihe treatment and support dellvered by RAMS beneflls the well-being and quality of life tor everyone in that community. Prln¢lpal acilviiles The charity exists to support people with Multiple S¢lerosis and other debilitating conditions and to ease the impact ol suffering on their, and their loved ones., lives. MS and other Chronlc illnesses are unpredictable, incurable and widely variable. Chronic diseases caijse a variety of unpleasant and incapacitating symptoms, affecting movement, mood and bodily funclions. Their devaslaling and MPleX nature means thal specialist support is essential to help people ¢ope', manage thelr symptoms.. stsy as heailhy and well as possible and impTove iheii quality of life. Wilhoul our Therapy Centre the availability of holistic treatment and support S8TvÉces would be gravely limited in the local and wider area and in many cases would b8 non-8XiStenL
RAMS (NI) LTD Company Limiled by Guarantee Trustees. Annual Report (Incorporatlng the Director's Report) (¢onllnw Year ended 31 December 2019 The prsncipal acliwties of RAMS can be split into three broad elements.. Therapeutic holistic treatments including hyperbaric oxygen therapy- physiotherapy and massage therapy,. electromagnetic stimulation therapy- vibration Iherapy,- and Ilowtron Ihorapy. •Counselling, information, advice & nutritional guidance.•A supportive facllily and neiwork for individuals and families affected by MS and chronic illness. Our work complements that provided by the NHS and other volunlary organisallons. With Ihe addition of our seNices, hospital visits and admissions can be avolded and hospital dlscharges acceleraled and supported. Where the focus of other charilles is largely on financlal support, beldending, respite relief, political lobbying or research ours is flxed exclusively on hedth and wellbeing as these underlie every aspect ol a person's life. Therapeutlc TrtMentS The ¢harity offers a range of holistic treatments that are designed to help p90ple leel and function better. These treatments are largely unavailable, inaccessible or unaffordable elsewhere in th• province. A number of medical trealmenls are available on the NHS. however these are not suitable for everyone and some support services can have lenglhy wailing lists and a finite number ol appointments. Treatments lor advanced, progressive and degenerative condilions are often more limited and many tlrug theyapies ale associated with intolerable and unwanted side effects. RAMS offers a range of subsidised holistic therapies that are d8signed to complement and enhance any other medical treatments people are receiving and lo assisl those for whom NHS treatments ai& unavailable or unsuitable. People can 'walk-in' and sell-refer to our centre and can avail of our setvices on a daily basis, when and as they need them, particularly al Cfltical limes and traumatic events during diagnosis, relapse and disease progression. Access to the ¢haritVs seNi¢es is availabl8 lo everyone. subiect to treatments being suitable and b8neficial to the individuals, conceined and the charity's available resources. Any financial conlribulion made by those attending for treatment is used towards the costs of running the Centrè. Our holistic therapies and servicas include:. Hyperbarl¢ Oxygen Therapy (HBOT) Ihis treatment involves breathing pure oxygen wlhin a pressurized chamber. It helps lo provide some symptom rellef arKI asslst wlth Ihe rehabilitation and recovery process. Patients report a number of positive physical and mental health benelits. HBOT can help to relieve pain and inflammation., reduce fatigue. infection and depression,. aid sleep and relaxalion. improve mood, mobility and concentration; promote tissue regeneration and boost immunty and energy levels. Physlotherapy, Exerclse & Massage - individually tailored programmes are provided to improve strength and mobility- promote independence- and prevent deterioration and permanent disability. Electromagnetlc Stlmulallon Therapy has analgesic, anti-inflammatory, antispasmodi¢, regeneratlve and relaxanl etlects and can help lo provlde some Symptom relief for many chronic ailments. Whole Body Vlbration Therapy - to enhance physical fttn8ss, muscle strength. blood circulation, lymphatic drainage and bone density. 11 is particularly useful in enabling people with physically debilrtatlng conditlons such as MS,Spinal Stenosis, Stroke, Osteoporosis, Arthritis,
RAMS (NI) LTD Company Llmiled by Guarantee Trustees. Annual Report (Ineorporaiing ihe Dlrector's Report) (¢ontlnu•d) Year ended 31 December 2019 Parkinson's Disease and back pain lo exercise sal&ly and easily. Howtron Therapy- used to help in a varlety of vascular, clrculatory and lymphatlc ¢ondhlons lo boost blood flow and clrculalion In persons after trauma, orthopaedic surgery and neurosurgery and is particularly useful for those who are unable to mobllise due to illness an(Yor disability. helping to prevent blood clols and complications of venous stasis. Counsellingi Inlormation & Advlce - helps people and Ihelr lamilies to Ilve wllh an In¢urable and unprediotable condition and the many challengès it causes. Our Iriendly, professional and understanding statt offer great encouragement and support lo everyone. We provide positive and practical expert information that is up to date and readily available,. and ¢onslw¢live advice. ¢ounselling and group support that help to make everyday life less of a struggle. Nutritional Guldance - evidence based in ttte context of MS and neurological disease lo help relieve muscle weakness, spasms, bowel problems, fatigue and olher symploms. Support Network - we offer a welcoming and irsclusive community cenlre, where people in similar circumstances can meet to share experlences. exchange ideas and solutions. make frl8ndshlps' and Support and help one another.
RAMS (NI) LTD Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {contlnu8d) Year ended 31 December 2019 Achlevements and performance Achi•vements and performance During the year we delivered 1384 treatfnents, helped more than 450 people and welcomed 71 new patients. Wg also recTuiled and supported 11 nèw volunteers. We answered more than 900 enquiries, performed 376 health assessments, undertook 116 consuttalions and carried OLrt over 100 support sessions. We continued relationships with many of our long-term devoled ffiends, local businesses and organisations and enllsted the help of several new funders who saw the valuable contribution and difference we are making to the lives ol disabled individuals in Northern Ireland. We also teamed up with a local nCer charity to provide holistr¢ treatments to peOe wlth secondary metaslalic disaase. We were very kindly granted funds to purchase new physiolherapy and hyperbaric oxygen therapy equlpment that will 8nable us to 8xl8nd our range of physiotherapy trealmenls and cater tor additional palienls. OUT semce users were very satislred overall with the staff. Centre and services provided. There were no accidents, injuries or adverse incidents reported Ihrougttoul the year. 99tsA of patients said the centre had made a dtFFeren¢e lo thelr qualty of lrfe. They reported less pain. stress and fatigue; better mood. more energy" better sleep; better bladder control,. less chest and urinary tract infeclions.. fewer trips and falls- sharper memory. better locus and greater concenlralion,. fewef visits to GP and hospital and less reliance on painkillers and other MedtIOns. More Ihan 213 of those accessing treatment had progressNe disease. All those using the cenlre would recommend it lo olhers with similar illnesses. Patients found il was easy to contacl the centre and arrango timely appointments. Patients Iravelled Irom all 5 counties, demonstrating that comparable seNlces are nol available nearby and our centre is well situated to serve the entire province. Patients trusted and valued the expeTl8nca of staff and thair ability to lislen, explain and advise. They felt welcomed, encouraged and supported. 820/0 of paliènls remained in paid employment. 99% remained living in their own homes. 91% reported feeling emotionally slrong8r. More than 113 had been wsiting the centre for more than 5 years and attended weekly. indicating that we aye providing long-term continuous supwrt. Commltted Team Our team of staff and volunl8ers is a holistic multi-disciplinary team sharing extensive knowledge, skills and expertise. Our staff have more than 30 years experience in their dedicated fields of speciatist healthcare. managem8nt and holistic therapy. Contributlon of Volunteers The success ol fundraising events and public collections are dependent on the ongoing support of many volunteers. The Tlustees are extremely grateful for all who have generously provided their skills and time for the t¢nefit ol the charity throughout the year.
RAMS (NI) LTD Company Limiled by Guarantee Trustees, Annual Report (Incorporating Ihe Directorfs Report) {COnflnu•d) Year ended 31 December 2019 Flnan¢lal revlew Voluntary Income We are a small, independent and completely se5f-funding charity. We do not receive any flnancial help from the government or NHS. To finance the provision of our activities, the charity is dependent upon voluntary income from the folbwing sources:_ Fundraising activitiès Public collections Subscriptions & donations from members and supporters Donations & grants Irom charitable trusts. compani6s, councils and voluntary groups Our income for the year neared £72,000 and comprised £19.507 from fundraising events and collections,. £16,806 from member and supporter donations., £26.690 from grants and company donations,. and £8,486 from Gift Aid. This money was spent directly on the £73,000 required to run the centFe and deliver its charitable activities throughout the year. Wg arg delighted to have raised sufficient funds in 2019 to meet our modest and necessary 8xponditure. Thank you lo everyone who fLAndraised, donated and supported our work throughoul the year. YOUT support helps lo make a real difference to the lives of individuals who mlghl othetwise have difficulty walking. talking. eating, writing and dressing., develop problems with their sight, swallow, continence, memory and concentration., be forced to give up their lobs and rellnqulsh ¢are ot their chitdren- require nursing home care. and potentially decide to take their own lives. Reserves Policy The charity is aulhorised within its conslitulion to set aside funds foi special purposes or as reserves against lulure expenditure. Ideally the Trustees aim to maintain a prudent level of free reserves at belween 6 and 12 months ol operating expenditure lo provide an immediately available resource should the Centre experience a significant adverse event. Since the unforeseen and devaslaling Ilash flood of 2012 and the significant costs that Were incurred in r8furbishing Ihg C8nlre as a consequence ol ol Ihe extensive damage caused, the charity's free Teserves are currently sitting at approximately 3 to 4 months of running costs. Investment Poll¢y The charity is permitted under its constitution lo deposit and invest funds for the purposes of furthering its aims and objeclives. The charity's year on year annual incoming resources have however been used to meet annual running costs. Small Company provislons This report has been prepared in accordance with the prov10n$ applicable to companies entitled to the small companies exemption. The trustees. annual report was approved on ......... Irustees by.. and signed on behalf of the board of Mrs P CrawFord Trustee
RAMS (NI) LTD Company Llmiied by Guarantee Independent Examiner's Report to the Trustees of RAMS (NI) LTD Year ended 31 December 2019 I report to the trustees on my examination of the financial statemenls of RAMS (NII LTD I'lhe chariw) for the year ended 31 Dember 2019. Responsibllltles and basls ot report As the truslees of Ihe company land also Its dlreclors for the purposes of company law} you are responsible for the preparation of the flnanclal Slatemenls in accordance with the requirements of Charilles Act INorthern Ireland) 2008 Ilhe '2008 Act'l and Ihe Companies Act 20061'the 2006 Act.). You are satisfied that the accounts ol the company are not required by charity or company law to be audlted and have chosen instead to have an independent examination. Having satisfied myself that the accounts ol the company are not required to bo audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the charitys financial statements as carried out under seclion 65 of the 2008 ACL In carrying out my exaTninalion I have followed the general Diiections gNen by the Charity Commission foT Northern Ireland under seotion 6519llbl ol Ihe 2008 Act. Independent examiner's statemènt I have wmpleled my examination. I confirm that no matters have come lo My attention in connection wilh my examination giving me cause lo believe that in any material respect: accounting records were not kept in respect of the charity as required by section 3B6 01 the 2006 Act,. or the linancial statements do not accord with those records,. or the financial statements do rlot comply with the accounting reqUirnets of se¢lion 396 01 the 2006 Act olher than any requirement Ihat the accounts giv8 a 'lrue and fairf view which is not a matter considered as part of an indapendent examinalion" or the financial statements have not been pr6pared in accordance with the methods and principles ol the Statement ol Recommended Practi¢e tor accounting and reporting by charilies applicable to charities prepaTing Iheir accounts in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. I confirm that therg are no other matters lo which your attention shoukl bg drawn to enable a proper understanding of the accounts lo be reached. agee en ntE Inde amin8r 831 Lisburn Road Belfast BT9 7GT
RAMS (NI) LTD Company Llmited by Guarantee Statement of Financial Activities (Including income and expenditure account) Year ended 31 December 2019 2019 Restricted funds Tolal lunds Total funds 2018 Unrestricted funds Note Income aftd endowments Grants, donations and legacies CharFlable activtties Olhef trading aclivtlies Investment income Other income 23,194 13,325 18,992 15,628 38,822 13,325 18,992 26,599 21.043 24.560 3,065 58,576 3,065 74,204 Totsl Income 15,628 72.203 Expendlture Expenditure on raising funds.. Costs ol raising donations and legacies Expendilure on Charitable activities Total expendbture 10 11 856 52.015 52,871 856 72,122 72,978 736 71,899 72,635 20,106 20.106 Net Incomel(expendlture) and net movement In funds 5.705 14.478} 1.226 {432} Reconclllatlon of fund8 Total funds brought forward Totsl funds carried forward 26,548 11,672 38,652 32,253 7,194 39A47 38.220 The stalement ol financial activities indudes all gains and losses recognis6d in the year. Atl income and expendilure derive from continuing aclivities. The notes on pages 11 to 20 form part ot these Ilnanclal ¥t9tgmenls.
RAMS (NI) LTD Company Limited by Guarantee Statement ot Flnanclal Posltion 31 December 2019 2019 2018 Note Curront assets Stocks Debtors Cash al bank and in hand 17 18 339 3,442 37,817 41,598 443 3.735 39.092 43,270 Credltors: amounts lalling due withln one year Nel current assets 19 2,152 5,050 39,446 39,446 39.446 38,220 Total assets less current liabililies 38,220 Net assets 38,220 Funds of the charity Reslricled funds Unrestricted funds 7,194 31253 39,447 11,672 26,548 38,220 Total charlty funds 20 For the year ending 31 December 2019 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial statements lor the year in question in accordance wth section 476. The directors acknowledge their responsibillties for complying with the requirèments of the Act with respect to a¢counling records and the preparation of financial statements. These financlal slatemenls have been prepared in accordance with ihe provisions applicable lo companies subject to Ihe small companies, regime. These linan¢ial statements were approved by the board of trustees and aulhoitsed for issue on , and are signed on behall of the board by: Mrs P Crawlord Tiustee The notes on paggs 11 to 20 lorm part of these flnanclal siatements. -10-
RAMS (NI) LTD Company Limited by Guarantee Notes to the Financlal Statements Year ended 31 December 2019 General InfoM*ion The charlty is a public benelit enlty and a private company Ilmlted by guarantee. registered in Northern Ireland and a registered charity in Northern Ireland. The addsS of the registered ottice is 94195 City Business Park, The Cutts. Dunmurry, Belfast. BT17 9HU. Stalement ol ¢omplian¢o These financial statements have been prepared in compliance wth FRS 102. 'The Financial Reporting Slandard applicable in the UK and the Republic ol Ireland,, the Statement of RecommerKled Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland {FRS 102) {Charitles SORP {FRS 10211 and the Companies Acl 2006. Accounting policles Bagis Ot preparatlon The financial statements have been prepared on the historical cost basis. as modilied by the revaluation of certain tinancial assets and liabilities and investment propgrties measured at fair value through income or expenditure. The financial ststements are prepared in sterling, which is thè functional ujrrency ot the entity. Golng concern There are no material uncertainties about th• charity's ability to continue. Dlsclosure exemptlons The entity satisfies the criteria of being a qudifying enlty as defined in FRS 102. As such. advantage has been taken of the following disclosure exemptions available under paragraph 1.12 01 FRS 102.. lal No ¢ash flow statement has be6n presented lor the company. Ibl Disclosures in respèct ol financial instrumenls have not been presènled. Judgements and key sources ol egtlmatlon uncertalnty The preparation of the financial statements requires management lo make judgements. estimates and assumptions that affect the amounls reported. These estimates an(1 judgements are continually reviewed and are based on experience and olher factors. including expectations ol futUTe events thal are believed to be reasonable under Ihe ¢ircumslan¢es. Fund a¢counllng Unrestficted funds are available lor use at Ihe discretion of the Iruslees to lurther any of the charitys purposes. Designated funds are unrestricted funds eafmarked by the truslees for particular fulure PTojecl OT commitmenl. Restrlcted funds are subjected to restrictions on their expenditure declared by the donor or throygh the terms of an appeal, and fall into one of two SuClaSses. restricted incoffle funds or endowment funds. 11
RAMS (NI) LTD Company Limited by Guarantee Notes to the Flnancial Stalements icontthued) Year ended 31 December 2019 A¢¢ountlng policles {¢onllnuedJ Incomlng resources All incoming resources are included in the statement ol linanoid aclivities when entittemenl has passed to the charity- it is probable thal the e¢onomi¢ benefits associaled with the transaction will flow lo the charity and the amounl can b8 reliably measured. The following specific policies are applied to particular categories of income.. income Irom donations or grants is recognised when there is evidence of entillemerrt lo the gift, Teceipt is probable and its amount can be measured reliably. legacy income is recognised when recsipt is probable and entitlement is established. income from donated goods is measured at Ihe fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included lor the conlrlbulion of general volunteers. income Irom contracts for th8 supply of 8eNices is recognised with the delivery of the ¢ontra¢ted seMGe. This is Glassified as unrestricted funds unless there is a contractual requirement lor it lo be spent on a particular purpose and returned il unspent, in whtch case it may be regarded as restricted. Resources expended Expenditure is recognlsed on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered. and is classified under headings of the statemenl of financial activities to whi¢h it relates.. expenditure on raising funds includes the costs of all fundraising activities. events. non- charflable Irading acllvitios, and the sal8 ol donated goods. expenditure on charitable activities includes all ¢osls incurred by a charity in undertaking activities Ihat lurther its charitable aims for the benefit of ils beneficiaries, includlng those support costs and costs relating to the governance ol the charity apportioned to chatable activities. other exp8nditure includes all expenditure that is neither relaled lo raising funds for the charity nor part of ils expenditure on Charitable a¢tivf(ies. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned belween the a1vilieS they contribute lo on a reasonable, justifiable and consistent basis. Tanglble assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounls are recorded at the fair value at the dale of revaluation less any subsequent accumulaled depreciation and subsequent accumulated impaimenl losses. 12-
RAMS (NI) LTD Company Limited by Guarantee Notes io ihe Financial Statements (rt¥rflnu¢d) Year ended 31 December 2019 Accountlng pollcles (conllnuea) Tanglble assets (conNnu8d) An increase in Ihe carrying amount of an asset as a resuli of a revaluation, is recognised In other recognised gains and losses, unless it reverses a charge for impaimienl that has previously been r6cognised as expenditure within the statement of financial activities. A decrease In the carrying amount of an asset as a result ol revaluation, is recognised In other recognised galns and losses, except to which it offsets any previous revaluation gain, in whlch case the loss Is shown within othor recognised gains and kjsses on the slatem&nl of linancial aclivilies. Depreciation Depreoation Is CaUlated so as to wri18 off the cost or valuation of an assel, less ils residual value. over the uselul economic IFfe of Ihal a588t as follows: Office Equipment Physiotherapy Equipment Other Equipment 5 years 6 years 6 years Impalrment ot flxed agsets A review for indicalors ol impairment is carried out at each reportlng date, with tho recoverable amount being eslimated where such indicators exist. Where the carrying value èxceeds the recoverable amount, the asset is impaired accordingly. Prior impaimenls are also rèviewed for possible reversal at ea¢h roporting tlate. For the purposes ol impairment testing, when it is nol possibl8 lo estimate th8 recoverable amount of an individual asset. an estimat8 is made of tho recoverable amount ol the cash- generating unil to which the asset belongs. The cash-generating unit is the smallesl identifiable group of assets that includes the asset and generales cash intlows that largely independènt ol Ihe cash inflows from other assets or groups ol assets. For impairmenl testing of goodwill, Ihe goodwill acquired in a business Combination is, ITOM the acquisition date, allocated to each of the cash-generaling units that are expected to benefit from the synergies of ihe combination, irrespective of whether other assets or liabillties of the charity are asslgned to those units. Stocks Stctks are measured at the lower of cost and eslimaled selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other cosls incurred in bringing the stock to ils present location and condition. Flnanclal Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the conlractual provisions of the instTum8nt. Basic financial instruments ar8 initially recognised at the amount receivable or payable includlng any related transaction costs. Current assels and current liabilities are subsequently measured at the cash or other consideration expected to be paid OT received and not discounted. 13-
RAMS (NI) LTD Company Llmlted by Guarantee Notes to the Financial Statements (¢ondnuedJ Year ended 31 December 2019 Accountlng poll¢les (contlRNwd) Financlal Instruments (¢onUnu•d) Debt Instruments are subsequentty measured at amortised cost Where investments in shares are publicly traded or their fwr value can otheiSe be measured reliably, the investment is subsequently measured at fair value wilh changes in fair value recognised in income and expenditure. All other such investments ale subsequently measured at cost less impaiment. Other financial instruments, including dwivatives, are inf(ially recognised at fair value. unless payment lor an asset is delerfed beyond norm business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value ot the lulure payments disGounted at a market rate of interest for a similar debt instrument. Other linancial instruments are subsequently measured at lair value, with any changes recognised in the statement ol financial activities. with the exception ol hedging instruments in a designated hedging relalionship. Financial assets that are measured at cost or amortised cost are reviewed for ot¥ective evidence of impairmenl al the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropiiate heading in the statement of financi adivities in which the initial gain was recognised. For all equlty InslrumÈnts rggardless ol significance. and olher financial assets that are individually signillcanl, these are assessed individually for impaimient. Other financial assets a ellher assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are reGognised immediately. to the extent Ihal the reversal does not result in a carying amount ol the financial asset that exceeds what the cariying amount would have been had the impairment not previously been recognised. Llmlted by guaranlee The company is limited by guarantee and does not have a share capital. 14-
RAMS (NI) LTD Company Limited by Guarantee Noles to the Financial Statements (¢ortlnued) Year ended 31 December 2019 Grants, doTratlons and legacleg Donations and grants were received from tho lollowing organisations during tho year end8d 31 December 2019.. TBF & KL Thompson Trust- £6.000 Zero Hydraullcs- £300 LisnagaNey Darts - £400 Esme Mitchell Trust- £2,000 Nu Lile Engineering - £750 Bobby Morrison Funeral Directors- £200 Danske Bank - £1,000 Pheasant Boys - £120 Hedley Foundation - £2,424 The Hospital Saturday fund - £7.194 Foyle Foundation - £2,000 Enkalon Foundation - £1,000 Donations and grants were received from the lollowing organiSatnS during the year ended 31 December 2018: Kids in Need- £1750 Belfast Gathedral (Black Santa) - £550 Thales- £1000 Enkalon Foundation - £2000 Awards for All - £7194 Unr8Stricled Funds Restricled Total Funds Funds 2019 Donatlons General Donations 17.194 15,628 32,822 Granls Grants receivable 6.000 23,194 6.000 38,822 15,628 Unrestricted Funds Reslri¢ted Total Funds Funds 2018 Donallons General Donations 14,105 14.105 Grantg Grants receivable 3,300 17,405 9,194 12.494 9.194 26.599 15-
RAMS (NI) LTD Company Llmlted by Guarantee Notes to the Financial Statements (Goniinu•dJ Year ended 31 December 2019 Charltable actlvltles Unrestricted Total Funds Unrestricted Total Funds Funds 2019 Funds 2018 Cenlre SubslHBO Membership Subs 11,825 1,500 11,825 700 13,325 19.543 1.500 21.043 19.543 1,500 13,325 21.043 Other tradlng actlvltles Unrestricted Total Funds Unr8Stricted Tolal Funds Funds 2019 Funds 2018 Fundraising events Collection Boxes and Street Collections Sale of goods 7.466 7.466 10,888 10.888 11,441 85 11.441 13,417 255 13,417 255 18,992 18.992 24.560 24,560 Investment Income unstrICte(j Tolal Funds Unrestricted Total Funds Funds 2019 Funds 2018 Bank inleTesl receivable Other Income Unrestricted Total Funds Unrestricted Tolai Funds Funds 2019 Funds 2018 Insurance clalms fecelved 3,065 3.065 10. Cogls ot ralslng donatlons and legacles Unrestricted Total Funds Unrestrlcted Total Funds Funds 2019 Funds 2018 Cosls of raising donations and legacies 856 856 736 736 -16-
RAMS (NI) LTD Company Limiied by Guarantee Noies to the Financlal siatements (wrflftid} Year ended 31 December 2019 11. Expenditure on charitsble actlvitles by fund type Unrestricted Funds Resmcted Totsl Funds Funds 2019 Cllent Irealment Support costs ¥8,509 28.506 16,642 3.464 40,153 31,969 72,122 52,015 20,106 Unrestricted Funds Restricted Total FLtnds Funds 2018 Client trealmenl Support costs 38,259 26,624 64,883 38.259 33.640 7.016 7,016 71.899 1Z Analysls of support costs Analysis of support costs Totsl 2019 Total 2018 Staff costs Premises Communications and IT General otfice Governance costs Support costs - Other costs 14,251 10,652 1,038 1,342 1,620 3,067 31,968 14,251 10,652 1,036 1,342 1.620 4067 31,968 15,134 10,694 740 2,359 1,620 3,093 33,640 13. Independent examlnatlon lees 2019 2018 Fees payable to the independent examiner for.. Independent exarninalion of the ffnancial statements 1,620 1.620 14 Stsff costs The lolal staff cOS and employee benefits lor the reporting period are analysed as lollows: 2019 2018 Wages and salaries SocSal security costs 52,812 1,593 54.405 51.601 1.792 53.393 17-
RAMS (NI) LTD Company Limiied by Guarantee Notes to the Flnanclal Statements (¢oollDued) Year ended 31 December 2019 1Q Staff costs (conLlmMd) The average head count ot employees during the year was 3 {2018: 31. The average number of fvll-llme equivalent employees durlng the year is analysed as follows.. 2019 2018 No. Number of administration and fundralslng staff No employee recelved employee beneflts of more than £60,000 durlng the year (2018: Nill- 15. Trustee remuneration and expenses One or more trustees has been paid remuneration from employment with the charity. Mr William Joseph Beck, Centre Manager, Gross salary of £24,900. Under ils Artlcles of Associalron. the charlty Can appoint an employee to the Committee where this is In the best inlerests of the Charity. Ihe advantages of doing so clearly 0e1gh the disadvantages. conflicts of interest can be adequately managed and. the employe8 receives no additional pay or benefits as a direct result ol becoming a Truslee. 16. Tanglble flxed assets Fixtures and fittings Other Equipment EquipmÈnl Total Cost At 1 January 2019 and 31 Decembtsr 2019 7.680 9,292 22.847 39,819 Depreclatlon At 1 January 2019 and 31 De¢ember 2019 7,680 9,292 22,847 39,819 Carrylng amount At 31 De¢ombor 2019 At 31 December 2018 17. Stocks 2019 2018 Raw materials and consumables 18. Dobtors 2019 2018 PpaYrnents and accrued income 3,442 3,735 18-
RAMS (NI) LTD Company Limited by Guarantee Notes to the Financial Statements (¢onllnued) Year ended 31 December 2019 19. Credltors: amounts lalllng due wlthln one year 2019 2018 Accruals and deferred income 1152 5,050 20. Analysls of charitable funds Unreslrlcted lunds At 31 December 2019 At 1 January 2019 Incom8 Exp8TrJlbJr• General lunds 26,548 58.576 152.8711 32,253 Al l January 2018 At 31 Dgcèmber 2018 In¢om8 nlre General funds 29,158 63,009 165,6191 26,548 Restrlcted lund8 At 1 January 2019 31 DeCemr 2019 Income Exp8ndIre Restricted Funds 11.672 15,628 {20,1061 7,194 At 1 January 2018 At 31 Decgmbsr 2018 Income ExPeiture Restricted Funds 9.494 9,194 17,016) 11,672 19-
RAMS (NI) LTD Company Llmited by Guarantee Notes to the Flnancial Statements (¢onllnuodJ Year ended 31 December 2019 21. Analysls of net assets between funds Unrestricted FUrS Restricted Total Fund$ Funds 2019 Current assets Creditors less than 1 year Net assets 34,404 (2,1 $21 32,252 7.194 41,598 (2,152) 39,446 7,194 Unreslrtcted Funds Reslricl8d Total Funds Funds 2018 Current as5els Credilois less than 1 year 31,598 15,050} 26,548 11.872 43,270 15,0501 38,220 Net asse1$ 11,672