RECISTERED COMPANY NUMBER: IY1032914 (Norlhern Ircland) REGISTERED CHARITY NUMBER: NIC1014J I ort of the Truslees and Fln nclAI nts for the Year End d JI Mareh 202 hildren in Norlh Acom an Llmlte rn Irelan uarAntee Lynn Drake & Co Lid Siatuiory Audiiors I st Floor 34 B-D Main Slrpxl Moira Co. Armagh BT67 OLE ')CIWKKU2* 22112J2023 COMPANIES HOUSE
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Children in Northern Ireland Contents of the Finaneial Slalement f r lh Year Endtd 31 March 2023 Page Referenee and Admlnlslrative Details Report of the Trustees Report ofthe Independenl Auditors 9 to 12 S¢atem¢n¢ of Financial Aclivities 13 Statemcn¢ of F•nan¢lal Poslllon 14 Sta¢emen¢ of Cash Flows 15 Notes to the StAlement of Cash Flows 16 Notes lo the Flnan¢•al Stalements 17 to 30 Detailed Statement of Fingneial Activities 31 10 32
Children in Northern Ireland Reference and Admlnistrative Details for the Yegr Ended 31 Mareh 2023 TRUSTEES Marie Cavaftagh John Hunsdale Alsson Beattie Brenda McQueen Bemard Hannaway Michele Janes Paul Morgan (appoinled 281412022) Colin Hayburn (appoin¢¢d 241412023) COMPANY SECRETARY Pauline L¢eson RECISTERED OFFICE Unli 9 40 Monigomery Road Belfast Co. Antrim BT6 9HL REGISTERED COMPANY NUMBER N1032914 (Northern (reland) REGISTERED CHARITY NUMBER NIC101411 AUDITORS Lynn Drake & Co Lid Slalutory Audilors I sl Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE CHIEF EXECUTIVE Pauline Leeson. CBE
Children in Northern Ireland ort of the Trusltes for the Year Ended 31 March 2023 The trustees who are also direc¢ors of the charity for the purposes of the Compafttes Act 2006, piesenl their report with the financial statements of the charity for thc year ended 31 March 2023. "rhe truslees have adopted ihe provisions of ACcon11n8 and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their a¢¢ounts in accordance'with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Principal Aetivitits The main ac(ivities of the Company are unchanged since last year and are principally to promote ih¢ preservation and protection of health and the personal development of children. without distinclion of sex, Tace or of polilical, religious or olher opinion5, and th¢ advancement of public education in child care associating the appropriate voluntary agencies with 1he object of improving the conditions of life for such children in Northern Ireland.
hildren In Northern Ireland rt of ihe Trustees for the Year Ended 31 March 2023 OBJECTIVES AND ACTIVITIES Slrategies forAchieving Aims and Objectives In our latesi Strategic Plan we outlined 3 strategi¢ pillars to guide our work in the short to mid ierm: IDlluencing: Lobbying to ensure children are gt the c¢nlr¢ of deei5ion making. I, CINI will help shape policy and future Programrnes for Government and proposed slrategies for fulure delivery that are affordable and tangible. 2, CINI will work with 8overnm¢nt to produce child friendly versions of policies. 3. CINI will highlight emerging trends and engage wilh politicians lo deepen their understanding of ihe complex issues which face children and young people. 4. CINI will work wilh Governmenl to encourage greaf¢r co-operaiion between Government Departments and an open and iransparenl budgeling process for childr¢n and young people is ¢stabli5hed. 5, CINI will work with local government to ensure the voice and interests of children and young people inform community planning processe5. 6, CINI will integrate evid¢n¢e from a range of sourrxs to inform planning and decision makin8 at all levels as lh¢ 'go to, sourGe for child policy informalion in Northern Ireland. Learnlng: Capacity building aeross the sector and innovaling besl praclice l. CINI will develop a seclor wide tr8ining needs analysis as a basis for a comprehensive menu of learning and development to increase the capacity and quality of servi¢¢s provided for children and youn8 people. 2. CINI will optimise digilal software and tools to provide relevanl, accessible knowledge and skills d¢v¢lopment in areas such as child development and child proleclion. 3.. CINI will gather information to forecast future trends and stimulaie innovaiion io meei the emtr8ing needs of children, young people and practitioners. 4. CINI will promot¢ th¢ accr¢ditation of social care staff who work wilh Children and youn8 people as quality Standard. 5. CINI will support Ihe joint working group with the Health and Social Care Trusts to drive cross-boundary trainin8 and co-operative working. 6. CINI will source evidence and besi practice lo inforni the development of praciice and provision. CollaborAtlon: Worklng wilh others io Increase Impact l. CINI builds alliances lo drive reform on issues affecting children and young peopl¢ a¢ros5 educalion, justice, heilih, employment and the privat¢ secior. 2. The key Partnership5 which CbNI chair5: Child Poverty Alli&n¢e and Children's Disability Straie8iC Alliance continue to make a d¢monsirable impact on policy.
Children in Norlhern Ireland orl of the Trustees for the Year Ended 31 March 2023 OBJECTIVES AND ACTIVITIES J. CINI is positively contributing to sysiemic change in Northern Ireland through its membership of strategic partnerships such as the Children and Young People's Strategic Partnership & the Safeguarding Board for Northern Ireland. Public benefit Purposes l To promote. develop and support ihe volunlary and community seclor particularly Those organisations offering services and support to children. youn8 people and their families in Northern Ireland. 2, To promote the well being of Children, young people and their families to improvc their lives in Northern Ireland. The Trustees believe that both our purposes salisfy both elemenls of ihe public benefit requiremcnt. Purpose l- the direci benefits which flow from Ihis purpose include a strong professional community of practice across the voluntary and community sector who are able to work effectively wilh Children and Young People. The benefits are demonstraled throuLyh feedback froin member organisalions and regular independent evalualion and monitoring of our services by DOH and SPPG. The beneficiaries of this purpos¢ are volunlary and community 5ecior organisations workin8 with children, young people and iheir famili¢s living in Northern Ire18nd. Purpose 2 The direct benefit from this purpos¢ include resources being directed iowards aclivilies and services thal ma,xirnise benefits for all children. Thesc benefirs are dcmonstraled by evidence from government departments and stalutory auihorilies in relation io policy commitments and resource allocation io ehildren's serviees. The beneficiaries of iliis purpose are childrcn. young people and their families living in Northern Ireland.
Children in North rn Ireland Re orl of the Trustees for the Year Ended 31 Mareh 2023 FINANCIAL REVIEW Financlal position The company had nei incoming resourc¢s for the year of £9,776 (2022: net incoming resources of £66,411). Unrestricted funds increased by £185,429, while r¢siricied funds decreased by £175.653. Review of the Year In a year that has presented significant challenges for all of us, Children in Northern Ireland and the sector continued to provide quick and efficient r¢swnses lo ihe needs of childr¢n and iheir families durin8 Covid 19 pandemic. We have worked with our community partners in C8rrickfergus, Downpatri¢k, Limavady and Portadown and our Youth Advisory Group io continue our Right To Food campaign and empower communities to build a sustainabl¢ r¢5ponse lo food ins¢cuTity. We have expanded our R¢gbonal Par¢n¢ Helpline to provide Discussion groups for Peer Support for Parenis and set up a Pareni Participalion project wilh CYPSP We developed animations on our work in Parentline and Training through ihe Digilaj Transformalion projec( funded through Dormant Accounts Impact of Covid 19 The organizalion continues to offer a blended service to members including online training and our food and activity programmes were able to otTer activities face to face for both chbldTen and parents durin8 holidays Innuellclng We hosied members Evenls as pan of the Independent Review of Childrens Social Care Services, We undertook Par¢nial Engagernent for DOH for CSCR. We responded to policy consuliatlons on Minimum Age of Criminal Responsibility. Nl Affair5 Committee Inquiry on Effeciiveness of Polilical Insrilulions: compleied country analysis for Eurochild and represenled Children in Northern IT¢land on DFC Anli Poverty Strategy Co-Design Group and Disability SIrale Co-Design Group. Our work as Secretarial of ihe All Party Group for Children and Young People facililaied a meeling on children and families seeking asylum. Learning Our wide range of learning and development Courses acr055 Nl conlinue io e.Ypand ivith ihe Continualion of contracts with local ¢ouncils and Youth Jusiice Agency. Collaboration We continue to service 6 Locality Groups in Southern Trusl alongside CYPSP. We produces a School Uniforni Recycling Toolkit for schools and hosted an event on emotional wellbeing and health with Souihern and Northern Outcomes groups. Sustainability We continue io work with a range of publbc, private. statutory. governmental and voluntary trust bodies lo support our work.
Children in Northern Ireland Re ort of tht Truste for the Year Ended 31 March 2023 Effecliveness Children in Northern Ireland Continues to adapt io the changing environmen( ro achieve impact and change for children, young people and th¢ir families Reserves poliey The charity's policy is (o relain a level of free reserves. which maiches the needs of the organisation, boih al the current lime and in the foreseeable future. The reserves required should be sufficient to meet committcd grant expenditure and ihe running costs for a period equivalent io six months annual expenditure. The charity will conlinue lo monitor compliance with ihi5 policy on a regular basis and ihe Board will review the appropriaieness of the policy annually. FUTURE PLANS After close engagement with DFC Poverty and Di5abiliiy Strategies, we will be working closely with Nl Assembly on an Anti-Poverty Strategy as a priority (o improve outcomes for children young people and their families. Our Regional Parenling Helpline, Partntline Nl, will continue to provide support, guidance and advice lo paTenls and carers with a particular focus on parenlal participation. STRUCTURE, COVERNANCE AND MANAGEMENT Governing documenl Children in Northern Ireland Limited 15 a company limited by guarantee without a share capital. It is governed by a Memorandum and Articles of Association and the liabiliiy of th¢ members is limbled to an amount not exceeding £ l O. The Board of Directors meets on a quarterly basi5. Related parlbes There were no related party transactions for the year ended 31 March 2023.
Children in Northern Ireland ort of Ihe Trustees for Ihe Year Ended 31 March 2023 STRUCTURE. COVERNANCE AND MANAGEMF.NT Risk management Thc principles of good governance are embedded within all asp¢c15 of Children in Northern Ireland Limiled operations wilh management and staff being keenly aware of ihe Boards responsibility of ensuring (hat ihe OTganisation protecls itself from financial exposure and reputational damage, A close working Telalionship is maintained between the Board and managemenl to ensure that operationally staff are aware of the standards Tequired of them by the BoaTd and Ihe Board are always in a posilion io provide guidance and support to management in the discharge of their duties. This two way relationship is ihe key fealure of Children in Northern Ireland Limited governance arran8emenls and is a key strenh in ihe company. A conscientious approach to ensuring thai conlraclual project requir¢ments are achieved has been maintained ai all limes both in the a¢counling period being r¢ported on and since Children in Northern Ireland Limited'5 establishmcnl. Very tighi financial conlrals on expcnditurc and all financial commitments are maintained at all times and projecl Staff have been Irained and hawe bccome expcrienced in budgelary conlrols.in boih these areas ie Project delivery and financial conlrols managcment all staff hav¢ eslablish¢d close working relationships with funding organisaiions to cnsurc all mandatory standards are consistently achieved. Board representatives also aclively engage with funding bodies. The Board, management and staff are fully aware that the nature of the Work irt which Children in Northern Ireland Limited is involved can bring with il a high level of scrutiny ¢0 cnsurc Ihal all activities are tully complianl with funding requirements and, therefore, beyond reproach. The Board of Children in Northern Ireland Limit¢d is, therefor¢, greatly r¢a55ured of the coinpany's compliancL' wilh Ihc highest of standards of govern&nce on ihe basi5 that all monitoring and evalualion of proj¢ci d¢livery demonslrates achievement of &ll funders, objectives and thar funders, audits and vouching or rJnanLial expenditUTe and the statutory audit confirm compliance with both probity and regularity in the use of monies received, EVENTS SINCETHE END OF THE YEAR Information relating to evcnts since the end of the year is given in ihe nolcs to the financial slatements. STATEMFNT OF TRUSTEES, RESPONSIBILITIES The Irusiees (who arc also the dircctors of Children in Northefii Ireland for ihe purposes of Company law) are responsible for preparing the Report of the Truslees and the financial stat¢ments in accordance with applicable law and Uniled Kingdom Accounling Standards (United Kingdom Generally Accepted Accountin8 Practice) includin8 Financial Reporting Standard 102 "The Finallcial Reporting Standard applicable in the UK and R¢public of Ireland" Company law iequires th¢ trustecs to prepare financial slatemenis for each financial year which give a Irue and fair view of the slate of affairs of the charitable company and of the incoming resources and applicalion of resources, including the income and expendilure, of the Charilable company for Ihai pefiod. In preparing those financial statements, Ihe truslees are required to select suilable accounling policies and then apply Éhem consistenily; observe the meihods and principles in the Charity SORP; make judgements and estimates ihat are reasonable and prudent; prcpare the financial statements on the going concern basis unle55 it Is inappropriate to presume ihat the charitable ¢ompany will continue in business.
hildreh in Northern Ireland ort of the Trustees for Ihe Year Endcd 31 March 2023 ST ATEMENT OF TRUSTEES, RESPONSIBILITIES - conllnued The trustees are responsibl¢ for keeping proper accounting records which disclose with reasonable accuracy al any timc the financial position of the charitable company and lo ei)able them to ensure that the financial Slatements comply with the Companies Act 2006. They aTe also responsible for safeguardin8 the assets of Ihe charitable company and hence for taking reasonable sleps for thc prevenlion and detection of fraud and other irr¢gularilies. In so far as the trustees are aware: there is no relevant audit information of which ih¢ charitabl¢ ¢ompany's auditors are unaware: and the irustees have taken all steps that they ought to have taken to make themselves aware of any rel¢vant audil information and io establish thai ih¢ auditors ar¢ aware of that informalion. AUDITORS The auditors, Lynn Drake & Co Ltd, will be proposed for re-appointment 81 th¢ forthcoming Annual GeneTal Meeling. This report has been prepared in accordanc¢ with the special provisions of Parl 15 of the Companies Aet 2006 relating to small companies. Approved by order of the board of trusie¢s on 6 December 2023 and signed on its behalf by.. Pauline Lccson - Secreiary
rt of the Inde endenl Auditors to Ihe Members Children in Northern Ireland Opinion We have audited the financial statements of Children in Northern Ireland (the 'chariiable company,) for the year ended 31 March 2023 which comprise the Siatemenl of Financial Activitie5, the Staiemenl of Financial Position, the Statement of Cash Flows and noies to the financial stat¢ments, including a summary of Significant accounting policies. The financial reporting framework Ihai has been applied in th¢ir preparalion is appli¢abl¢ law and Unyied Kingdom Accounting Standards (United KAngdom Generally Accepted A¢counling Pra¢ti¢e). in¢luding Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ircland,. In our opinion the financial statements.. give a true and fair view of the state of the Chariiable company's atTairs as ai 31 March 2023 and of its incoming rcsources and applicdtion of resources, including its iiicom¢ and Cxpendilure, for the year ihen have been properly prepared in accordance with United Kingdom Generally Accepted Accoun(ing Practi¢¢. including Financial Reporting SiandaTd 102 The financial Reporting Standard applicablc in the UK and Republic of Ireland and have been prepared in accordance with the requirements of the Cornpanies Act 2006. Basis for opinlon We conduc¢¢d our audil in accordance wilh Inl¢rnational Standards on Audiling (UK) (ISAS (UK)) and applicablc law. Our responsibililies under ihose slandards aTe further dcscribcd in ihe Audiiors, rc5ponsibilities for the audit of tlie finai)¢ial slalements seciion of our rcpom. We are independent of ¢he chariiable company in accordance with the ethical reouiremenis ihat are relevant lo our audit of the financial Slal¢menls in the U K, bncluding ihe FRC'S Ethical Standard, and the provisions available for sniall entilies, in the circumstan¢¢s sel out in nole 18 10 ihe financial s(atemenls, and we have fulfilled our oih¢i cihical rcsponsibilities in accordance witli these requiremenls. We believ¢ tliat (he audit ev(dence we have obiained is suflicicnt and appropriate lo provide a basis for our opinion. Cfjnclusions rclating lo going eoncern In auditing the fJnan¢ial stalemenls, we have concluded ihai ihe trusiees, use of the 80ing concern basis of ac¢ounling in Ihe preparation of the financial stalernent5 is appTopriale. Based on ihe work we have peTformed, we have not identified any maierial unc¢rtain(ies relating) 10 evenis or eonditions that, individually or colleclively, may casi Signi ficani doubt on Ihe charitable company's ability to continue as a going concern for a period of at least Iwelvc inonihs from when the financ¢al slatcments arc auihorised for issue. Our re5ponsibililies and the wesponsibilities of the trusiees wilh respect to going concern are describcd in the relevant secttons of this report.
R ort of the Inde endenl Auditors to the M mbers Children in Northern Ireland Other information The trustees are responsible for the other information. The oiher information comprises the information included in the Annual Report. oiher than the financial stal¢menis and our Report of the Independent Auditors th¢r¢on. Our opinion on the financial statements does not cover the other information and, except to ihe extent oiherwise explicitly stated in our report, we do not express any form of assurance conclusion th¢reon, In conneclion wiih our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other informatlDn is malerially inconsisient wilh the finan¢ial statements or our knowledge obtained in the audit or otherwise appears to be matciially misstated. If we identify such material inconsistencies or apparent maierial missiatemenrs, we are required to determine wheiher this gives rise lo a malerial misslatem¢nl in th¢ finan¢ial slatements themselves. If, based on the work we have performed, we conclude thal there is a material misstatement of this other information. we are required lo report (hat fact. W¢ have nothing to report in this regard. OpinAon$ on other mallers prescrlbed by the Companies Act 2006 In our opinion, based on the work undertaken in Ihe cours¢ of ihe audil.. the information given in the Report of ihe Trust¢es for the financial year for which the financial staiements are prepared is consistent with the financial statements; and lh¢ R¢port of the Trusle¢s has b¢¢n prepared in ac¢ordanGe with applicable legal requirement$. Matlers on whlch wt Are required ¢0 report by excepli(bn In the li8hi of the knowledge and understanding of the ¢harilabl¢ company and its environm¢ni obtained in the course of the audit, we hav¢ not identified maierial misstalernents in the Report of Ihe Truslees. We have noihing io report in respect of the following matters where the Companies Aci 2006 requires us to repon 10 you if. in OUT opinion- ad¢quaie acGounling records have not b¢en kepi or returns adequate for our audit have not been received from branches not visil¢d by us; or Ihe financial statements are not in agreement with ihe accounling records and return5. or certain disclosur¢s of trusle¢s' remuneration specified by law are not made; or we have nol re¢eived all the information and explanaiions we require for our audit. or the trusiees were not entitled lo lake advanlage of the small companies exemption from Ihe requirement to prepare a Straie8ic Report or in preparin8 the Report of ihe Truslees. Responsibllltles of truslees A5 explained more fully in ihe Statement of Trusiees, Responsibilities, the trustees (Ivho ar¢ also the dirertors of the charilable company for the purposes of company law) are responsible for the preparation of Ihe financial statemenis and for being satisfied that they give a true and tair view, and for such internal control as the Irustees determin¢ is necessary to enabl¢ the preparation of finartcial statemen15 that are free from mal¢rial misslatement. whether due to fraud or error. Jn preparing the financial statements, the trusiees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using Ihe going concern basis of accounting unless ihe trustees either intend io liquidaie the charitable company or lo ¢¢ase operations, or have no realistic alternative bul to (Jo so. 10
ort of the Inde endent Auditors to the Members or Childr¢n in Norlhern Ireland Our responsibilities for the audit of the financial statements Our objeclivc5 are lo obtain reasonable assurance aboul wheihcr the financial Siatemcnis as a whole are free from malerial missialcment, whether due to fraud or error, and to issue a Report of ihe Indcpendeni Auditors Ihat includes our opinion, Reasonable assurance is a high level of a55urance, but is not a guaranlee thai an audit Conducted in a¢cordanc¢ with ISAS (UK) Ivill always detect a material misstatement when it exists. Misstalemenls can arise from fraud or error and are considered material if, individually or in Ihe aggregate, Ihey could reasonably be expected to influence the economic decisions of users taken on Ihe basis of these financial statements. The extent to which our proredures are capable of det¢cting irregularitie5, including fTaud is delail¢d below: Irre8ularilies, in¢luding fraud. are ins(ance5 of non-compliance with laws and rcgulations. We design procedures in line with our responsibilities, outlincd above, lo delect material mis5tatemenls in respect of brregularilie5, including fraud. In particular, we looked at where management made subjective judgements, for example in respect of accounting cstimates that involved making assumptions and considering future evenls that ar¢ inherently uncertain, We also considered pol¢ntial finaiicial or other pressures, opportunily and molivation5 for fraud. As part of this discussion, w¢ idenlifi¢d Ihe inlernal controls establish¢d lo mitigale risks r¢laled io fraud or non-complian¢e with laws and r¢gulations and how managernent monitor Ihese processes. Appropriate proccdures included the review and testin8 of manual journals and kcy estimates and judgcm¢ni$ madc by management for risk of fraud. Based on our understandin8 of the Company and industry, we identified the principal risks of non-compliance wilh laws and regulations as those that have a direct impact on the dctcrminalion of material amounts and disclosures in the financial sialements. We evalualed management's incentives and opportunities for fraudulent manipulation of the financial statements and identified the greaiest potential for fraud. We communicated the bdentified laws and regulaiions throughout the audit team and remained alert io any indications of non-compliance Ihroughoul the aiidit. Audil procedures performed included, bul were not limited to: Discussions with management in¢luding consideration of known or suspecled instances of non-compliance wilh laws and regulation and fraud. Reviewing the financial slatemeni disclosures and teslin8 ro supporting documentation. Review of board meeling minuies of those char8ed with 8overnan¢e; In addressing the risk of fraud through managcmenl override of controls, lesting the appropriateness of journal entries and oiher adjusimcnl5- As part of an audit in accordan¢¢ with ISAS (UK), we exercise professional judgment and maintain professional scepiirism throughout th¢ audit. W¢ also',- Idenlify and assess the risks of mat¢rial misslatemeni of ihe financial stalemenls, whether due to fraud or error, design and perform audii procedures r¢sponsiv¢ to thos¢ risks, and obtain audil evidence thal is sufficient and appropriale to provide a basis for OUT opinion. The risk of noi detecting a maierial misstalemeni resulting from fraud is higher than for one r¢sulting from error, as fraud may involve collusion. forgery. intentional omissions. mi5r¢presentations, or the override of internal control. Obtain an undersianding of internal control relevanl to the audit in order to design audit procedures ihat are appropriate in the circumstances, bul noi for ihe purpose of e.xpre55ing an opinion on ihe effecliveness of the charities inlernal control.
ort of the Inde tTrdenl Auditors I the Mem Chil n In Northern Ireland ers of Evaluate the appropriatertess of accounting policies used and the reasonableness of a¢¢ounling eslimates and related disclosures made by the trustees. Perform analytical procedures to identify any unusual or unexpected relationships thal may indicate risks of material misslalement due to fraud or error. Conclude on the appropriateness of the Irustees, use of ih¢ going Concern basis of ac¢ounling and based on the audit evidence obiained, whether a mat¢rial un¢¢rtainty exists relaled io ¢venls or conditions that may casl signifieani doubt on the charities ability to eonlinue as a going concern. If we conclude thal a maierial uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in ihe financial statements OT, if such disclosures are inadequale, to modify our opinion. Our conclusions ai¢ based on the audii evidence obtained up (o Ilie date of our auditor's report. However, future evenls or condirions may Cause the charity to cease to continue as a going concern. Evaluate the overall piesentalion. structure, and content of the financial slatemenls, including the disclosures and whelher the financial siatements represeni the underlyin8 Iransactions and events in a manner Ihat achieves fair presenlalion. We communicate wilh those charged with governance r¢garding, among other rnatters, the planned scope and timing of ihe audit and significant audit f)ndings, including significant d¢ficien¢i¢s in int¢rnal Control Ihal we identify during our audil. A funh¢r description of our r¢sponsibili¢i¢s for th¢ audit of the financial statements is located on the Financial Reporting Council's website ai www.fTC.or8.uklauditorsresponsibilities. This description forms part of our Report of the Independent Auditors, Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapier 3 of Part 16 of the Companies Acl 2006. Our audil work has been undertaken so thai we mighl State to the charitable company's members ihose maners we are requbred to stale lo Ihem in an audiiors. report and for no other purpose. To ihe fullest extent permirted by law, we do not accepi or assum¢ r¢spon5ibility io anyon¢ other than ihe charitable company and the charitabl¢ company's member5 as a body, for our audit work, for this r¢p)rt, or for the opinions we have formed, Alistair Wells (Senior Slatutory Auditor) for and on behalf of Lynn Drake & Co Ltd Sialulory Audilors l st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE 6 December 2023 12
Children in North rn Irelan Stalem nt of Finan ial Aclivltle Ineor oratin gn Income and Ex for the Year Ended 31 March 21J23 endilure Account 31.3.23 Total funds 31.3.22 Total funds Unrestricted Restiicted funds funds Notes INCOME AND ENDOWMENTS FROM Charilable activitles Grants Receivable 943,624 943,624 825,311 Investmeni income Other income 1.282 119,902 1,282 119,902 1,246 95,508 Total 121,184 943,624 1,064,808 922,065 EXPENDITURE ON Raising funds 2,246 29,421 31,667 21,345 Charitable g¢tivities Direct Charilable Expenditure Governance (68,241) 1,750 1,088,006 1,850 I,OJ9,765 3,600 834,309 Tolal (64,245) 1,119,277 1,055.032 855,654 NET INCOMEI{EXPENDITURE) 185,429 (175,653) 9.776 66,411 RECONCILIATION OF FUNDS Total funds brought forward 363,830 336.899 700.729 634,318 TOTAL FUNDS CARRIED FORWARD 549,259 161,246 710,505 700,729 The notes form part of these financial slatements 13
Children in Norlhern Ireland Statement of Financial P05ilion 31 March 202 31.3.23 31.3.22 Notes FIXED ASSETS Tangible assets 43.442 51,665 CURRENT ASSETS Debtors Cash ai bank 12 193,945 647.759 199,968 619,797 841.704 819,765 CREDITORS Amounts falling due within on¢ year 13 (174.641) (170,701) NET CURRENT ASSETS 667,063 649,064 TOTAL ASSETS LESS CURRENT LIABILITIES 710.505 700,729 NET ASSETS 710,505 700.729 FUNDS Unr¢strieied funds R¢striclcd funds 15 549,259 161.246 363,830 3J6,899 TOTAL FUNDS 710.505 700.729 These financial slatements have been prepared in accordance wilh ihe provisions applicable to charitabl¢ ompani¢s subjecl to the small companies rcgime. The financial statements were approved by ihe Board of Truslees and authorised for issue on 6 December 2023 and w¢re signed on ils behalf by: Marie Cavanagh - Trusle¢ The notes forni part of th¢5c financial stalemenls 14
Children in Norlhern Ireland Siatement of Cash Flows for the Year Endod 31 March 2023 31,3,23 31.3.22 Notes Cash tlows from operallnE actffivilies Cash generated from operations 39,722 153,060 Net Cash provided by operating aetivities 39,722 I S3,060 Cosh tlows from investing aclivilits Purchase of tangible fixed a55elS Interest received (13.042) 1,282 (36,485) 1,246 Net cash used in investing activities (11,760) (35,239) Change io cash and c9sh equIvlentS in the reporling period Cxsh and cAsh equiv¥lent$ al the beginning of the reportint period 27,962 117,821 619,797 501,976 C*sh and cash equlvalents 81 the end of the reporling period 647,759 619,797 The notes fom part of these financial statements 15
Children in Norlhtrn Ireland Note$ to Ihe Statement of C#$h Flows for the Year Ended 31 March 2023 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.23 31.3.22 Net income for the reporting perlod (as per the Slaternent or Financial Aclivities) Adjustments for: Depreciation charges InteT¢sI received Decreascl(increase) in debtors Increasc in crcditors 9,776 66,411 21,265 (1,282) 6.023 3,940 19,228 (1,246) (29,324) 97,991 Net c4sh providtd by operations 39,722 153,060 ANALYSIS OF CHAJYGES IN NET FUNDS At 114122 Cash llow At 3113123 Net cash Cash al bank 619,797 27,962 647,759 619,797 27.962 647,759 Total 619,797 27.962 647,759 The notes forni part of ihese financial statements 16
Children in Northern Ireland Notes to the Financial Statements for Ihe Year Ended 31 March 2023 ACCOUNTING POLICIES Basis of preparing the financial statements a) Ceneral informalion and basis of preparalion Children in Northern Ireland Limited is ¢onstilul¢d as a company limited by guarantee incorporaled in Northern Ireland (N1032914). In the cvent of the charity being would up, the liability in respect of the 8uarantee 15 limited to £1 per member of th¢ charity. The ¢harily constitutes a public benefit enliiy as defined by FRS 102. The rjnancial slat¢menls have becn prepared in iiccordance wilh Accounling and Reporling by Charilies,. Statement of Recommended Practice applicable io charities preparing their accounts in accordance wilh the Financial Rcporting Standard applicable in ihe UK and Rcpublic of Ireland (FRS 102), the Financial Reporting Siandard applirable in the United Kingdom and Republic of Ireland (FRS 102). the Charities Act (Northern Ireland) 2013, Ihe Companics Act 2006 and UK Generally Accepted Practice as it applics from l January 2015. The financial slaicments are prepared on a going concern basis under the hislorilal cost convention, modified to inelud¢ certain items ai fair value. The financial siatemenls are prescnled in sterlin8 which is the functional ¢urr¢ncy of the charity.. The significant a¢counling policies applied in the preparation of Ihcs¢ financial statements are sel oul below. These poli¢ies have been consislently applied io all years pr¢senied unless oiherwise staled. (b) Funds Unrestricted funds are available for use al the discretion of the trustees in furtheranc¢ ofr. the general objectives of ihe charity and whieh have noi been designaled for othcr purpose5. Designated funds compTise unreslricied funds ihat hav¢ been s¢1 aside by the trustees for particular purposes. The aim and use of each designaled fund is set out in the noies to ihe financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donor5 or which have been raised by ihe eharity for particular purposes. The cosi of raising and administering such funds are charged againsl the specific fund. Thc aim and use of each resrricled fund is set oul in the noi¢s io ihe financial $18(¢ments. Further explanation of the nature and purpose of each fund is included in the notes lo the financial slalements. (c) Income recognition All incoming resources are included in ihe Siatement of Financial Aclivilies (SOFA) when the charbty is Icgally entitled to th¢ income after any performanc¢ conditions hav¢ been mel, Ihc amount can be measured reliably and it is probable that ihe income will be received. 17 ¢ontinued...
Children in Northern Ireland Notes to Ihe Financial Statements - eontinued for the Yegr Ended 31 March 2023 ACCOUNTINC POLICIES- continued Basls of prepring Ihe financial stg4tements For donations to b¢ recognised (he charity will have been notified of the amounts and the selllemenl dale in writing. If there are Conditions anached to the donalion and this requires a level or performance before enlitlemenl can be obtained then income 15 deferred uniil those condilions are fully tnet or ihe fulfilment of ihose conditions is within the control of the charity and il is probable Ihai ihey will be fulfillcd.Volunlary income is received by way of grants, donalions and gift5 and is included in full in the Statemcnt of Financial Aclivitie5 {SoFA) wh¢n receivablc. In¢oJne received from collections is recognised when received. Donaled facilities and donaied professional services are recognised in income al their fair value when their economic benefit is probable, il can be measured reliably and the charity has control over the item. Fair value is determined on ihe basis of the value of th¢ gift lo the charity. For example Ihe amount the charity would be willing to pay in Ihe open markei for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial slatements for volunteer lime in line with the SORP (fRS 102). Further detail is 8iven in the Trustees, Annual Report. For legacies, entitlement is ihe earlier of the charity bein8 notified of an impending distribution or the legacy being received. At Ihis point income is recogniscd. On occasion legac ics will be notified to ihe Charity however it is not possible to Ineasure the amouni expected to be distributed. On these occasions, the legacy is trealed as a contingent asscl and disclosed. Income from trgding activilies includes income earned from fundraistng events and trading activities lo raise funds for the chariry. Income is received in exchange for 5upply>ng 8oods and services in order lo rais¢ funds and is recognised when eniitlement has occurred, The chariiy receives government grants which are detailed wilhin the noles to thes¢ financial stat¢ments. Income froin govcrnmenl and other granis are recognised ai fail value when the charity has entiilcmenl aftcr any performaiicc conditions have been mel, it is probable thal the income will be received and the amount can be ineasured reliably. If entitlemenl is not m¢t thcn'ihes¢ amounts are deferred. (d) FXPendI11Ure recognitlon All expenditure is accounted for on an aecruals basis, inclusive of VAT which cannol be recovered and has been classified under hcadii)b?s Ihal aggregate all costs related to the category. Expenditure is recognised where th¢re is a l¢gal or ¢onstrucliv¢ obligation to make payments to third parlies, il is probable that the settlement will be r¢quired and the amount of the obligation can be measured reliably. It is categorised undcr the following headings: Costs of raising funds includes Ihe costs associated with attracting voluntary incomes; E.Ypenditure on charitable activities includes those costs incurred by the charity in the delivery of its activities and servi¢¢s for its b¢neficiaries. It includes both costs that can be allocated directly to such activities and those ¢05ts of an indirect nature nec¢ssary to 5UPPOrt ihem. and Oih¢r expcnditure represents those ilems not falling inlo ihe categories above. Irrecoverable V AT is charged as an expense against ih¢ aclivity for which exp¢nditure arose. 18 continued...
Children bn Northern Irel nd Notcs to Ihe Flnanclal Staltments - eontlnued for the Year Ended 31 March 2023 ACCOUNTING POLICIES- continued asls of preparlng the finanelal slatements Grants payable to ihird parrie5 are within ihe charitable objectives. Where uncondilional grants are offered, this is accrued as soon as the r¢cipient is notified of the grant, as this gives rise to a reasonable expectalion ihat ihe recipienl will receive ihe grants. Where grants are conditional relating lo performance then the grant is only accrued wlien any unfulfilled conditions are outside of the control of the charity. (e) Support Costs allo¢atlOh Support cosls are those tha¢ as515t the work of ihe charity but do not directly represent charitable activities and include office costs, govetnance costs. administrative payroll costs. They are incurred direcily in support of expenditur¢ on the objects of the charity and include project managemenl carri¢d oul ai Headquarters. Where support costs cannot be directly attribuled to particular headings they have been allocaled to cost of raising funds and expendilure on charitable aclivities on a basis Consisient with use of the resources. Premises overheads have been allocated on an insert detail basis and other overheads h&v¢ been allocated on a basis consistent with the use of resourees. Fund-raising costs are those incurr¢d in seeking voluntary contributions and do not include the Cost5 of disseminating information in support of ihe charilable activiiies. (Q Tangible fixed assctS Tangible fixed Assets are stated al cos1 less accumulated deprecialion and accumulated impairmcnl losses. Cost includ¢s cosis directly aiiribulable to making the asset Capable of operating as inlend¢d. Depreciation is provided on all tangible fixed assets, at rates cal¢ulat¢d to write off the cost, less esiimaled residual value, of each assei on a sysiemalic basis over its e.xpected useful l ife as follows: Fixtures & Firtin8S Computer Equipmenl 20Q/fj Siraighi Line 33Yo Siraight Line (g) Debtors and Creditors reetivable I payable withln one year D¢btor5 and creditors with no staled interesl rale and receivable or payable within one year are recorded al ¢ransaetion price. Any losses arisin8 from impairment ar¢ recognised in expenditure. (h) Financial Instruments The charity only has financial assels and liabililies of a kind that qualify as basic financial instruments. Ba51¢ financial inslrum¢nts are initially reco8nis¢d ai transaction value and subsequ¢nily measured at s¢ftlemenr value. li) Impalrmenl Ass¢ts not measured ai fair value are reviewed for any indication that the asset may b¢ impair¢d al each balance sheet dale. If sueh indicaiion exists, the recovefable amount of the assei, or the assel's cash generating unil, is estimated and cOMpad to the carryins amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless ihe assel is Carried at a revalued amount where ihe impairment loss is a revaluation dccrease. 19 coniinued...
Children in Northern Ireland Notes to Ihe FinaDeial Statements - conlinued for the Year F.nded 31 March 2023 ACCOUNTING POLICIES - continucd Basi$ of preparing the financial statcments (i) Provisions Provisions are recognised when the ¢harily has an obligation ai ihe balance sheet date ds a resuli of a past event. il is probable that an outflow of economic benefits will be required in settlement and the amounl can be reliably estimated. (k) Leases Assels acquired under finance leases are capitalised and depreciaied over the shorter of ihe leas¢ term and the expecled useful life of the asset. Minimum lease payments ale apporlioncd between the finance charge and ihe reduction of the outstanding leasc liability USiTr&i Ihe cffecliv¢ inlercst method. The related obli8ations, net of fulurc finance charges, are included in crcdilors. Ren¢als payable and receivable under operalin8 leases are Charged lo ihe SofA on a straighi line basis over the period of th¢ lease. (l) Tax No provision is required for taxalion as the company is defined as a charity for taxation purposes. The Charity is a re8isl¢r¢d Chariiy and so su¢h is entitled to ¢¢rtain tax exemplions on sncome and profils from investmcnls and surpluses on any Irading activities carried on in furtherance of ihc charity's primary objeclives, if thcse profits and surpluses are applied solely for charilable purposes. (m) Going concern The financial slatements have been prepared on a going conccrn basis a5 Ihe trustees believe ihal no malerial uncertainlies ¢xisi. The trustees have considercd the level of funds held and the expected level of income and expendilure for 12 months fro(n au(horising rhes¢ financial slatemenls. The budgeted income and exp¢ndilur¢ 15 5urricicnt wilh ihe l¢v¢l of rescrves for Ihe charity to be able io conlillue as a going conc¢rn. (n) Judgements esllmates and Assumptions The preparation of the financial statements requires management to makc judgemenls, estimates and assumptions ihat affect Ihe amovats reporled. "Thes¢ eslima1¢5 and judgem¢nts arc continually revieived and are based on experience and other faclors, including expcclalions of future events thal are believed to be reasonable under the circumstances. The ilems in the financial statements where these judgements and estimales have been made include: (i) ¢stimating the useful e¢onomi¢ life of tangible fixed assels (li) allocation of expenditure and support cosls Taxation The charity is exempt from corporation tax on its ¢haritabJe aeiivities. Fund ac¢ounling Unrestricled funds can be used in accordance with the ¢haritable objectives at the discreiion of ihe trustees. 20 continued...
Children in Northern Ireland Notes lo the Financial StatemtDt5- eonlinued for Ihe Year Ended 31 March 2023 ACCOUNTING POLICIES - continued Fund #¢¢ounting Rcstricled fund5 Can only be used for particular restricled Purposes within the objects of Ih¢ charity. Restrictions arise when specified by the donor or when funds are Taised for panicular restricted purposes. Further explanation of the nature and purpose of each fund bs included in ihe noles lo the financial staiemenls. PenSAon costs and other posl-retirement benefits The chaTilable company operales a defined contribulion pension .8ch¢me. Contributions payable to the charitable company's pension scheme are chargcd lo Ihe Siatement of Financial Activities in ihe period 10 which ihey relale. INVESTMENT INCOME 31.3.23 31.3.22 Deposit a¢¢ount inlerest 1.282 1,246 JNCOME FROM CHARITABLE ACTIVITIES 31.3,23 31.3.22 Activily Grants Receivable Grants 943,624 825.311 Grants received. included in the above, are as follows: 31.3,23 31.3.22 DFISS&PS Childcare Unit (Core Grant) S14SCT - Locality Devclopment Officer SPPG . Childrens Services Training SPPG - Disability Awareness Holiday Hunger SPPG Parentline Dormant Accounts fund Nl SPPG - P2rent & CareT Engagemenl SPPG - Parenlal Participalion Nonhern Ireland Office - Holiday Hunger 77,106 78,199 107,250 19,443 214,468 287,000 49,872 64,286 46.000 77,106 65,199 117.000 156,814 326,443 29,433 11,857 11.500 29,959 943.624 825,311 21 continu¢d...
Children in Northern Ireland Noles to the Financial Statements- eontinued for the YeRr Ended 31 March 2023 OTHER INCOME 31.3.23 31.3.22 Membership Fees Rent and Service Charges Room Hire and Caterin8 General Donations Consullancy Fees Training Income 30,836 30,277 4,509 1,02J 142 16,619 46,322 23,545 60,900 119,902 95,508 RAISING FUNDS Raislng donalions and legacies 31.3.23 31,3,22 Publication5 and Promotion 31,667 21,345 CHARITABLE ACTIVITIES COSTS Support cosls (see note 7) Direci Cost$ Totals Direci Charirable Expenditure Gov¢rnance 1,019,765 1,019,765 3,600 3.600 1,019,765 3.600 1,023,365 SUPPORT COSTS Governance cosis Governance 3,600 22 ontinued...
Children in Northern Irelgnd Notes to the Financial Statements - eontinued for the Year En ed 31 March 2023 NET INCOMEI(EXPENDITURE) Net in¢omcl(expenditure) is stated afi¢r charginpJ(cr¢diting): 31.3.23 31.3.22 Audbtors. Remuneration Audiiors, remuneralion for non audil work Depreciation - owned assets 2,000 1,600 21,265 2,000 1,018 19,228 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefiis foT the ycar ended J l March 2023 nor for ihe year ended 31 March 2022. Trustees, expenses There werc no trusiees, expens¢s paid for the ycar ended 31 March 2023 nor for the y¢ar ¢nded 31 March 2022. 10. STAFF COSTS 31.3.23 31.3.22 Wages and salaries Social security cosls Other pension cosls 486,969 34,644 25,147 435.844 31,768 22,279 546,760 489,891 The average monthly number of enlployces during the year was as follows: 31.3.23 23 31.3.22 20 Managemenl & Adminislralion The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was.. 31.3.23 31.3.22 £60,001- £70,000 The key management personnel of th¢ charity comprise of Ihe Chief Executive and Senior managemenl team. The salaries paid lo key managemeni personnel being the Chief Executive Officer, Policy Officer and Finance & Office Manager during the year lotalled £221,267. (2022.. £187,014) 23 coiitinued...
Children in Northern Ireland Noles to the Flnancial Slatemenls - continued for the Year Ended 31 March 2023 11. TANCIBLE FIXED ASSETS Fixlurcs and fittings Compuler equipmenl Totals co At I ApTII 2022 Additions 75,045 5,427 102.447 7.615 177,492 13,042 At 31 March 2023 80.472 110.062 190,534 DEPRECIATION At l April 2022 Charg¢ for year 50,630 7,919 75.197 13,346 125,827 21,265 At 31 March 2023 58.549 88,543 147,092 NET BOOK VALUE At 31 March 2023 21,923 21,5)9 43,442 At 31 March 2022 24,415 27,250. 51.665 12. DEBTORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 31.3.23 31.3.22 Trade debtors Parenl Line Nl Localily Development Officer Holiday Hunger CST Prepaymenls and accrued incom¢ 173,879 57,919 73,787 J7,150 10,956 26,750 13,406 20.066 193,945 199,968 24 continued...
Children in Northern Ireland Notes to the Financial Si2lements - contlnued for the Year Ended 31 March 2023 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 31.3.22 TTade ¢reditor5 Social security and other taxes Other crediiors Accruals and deferred income tkf¢rred Incorn¢ 27,509 10,699 3,860 41.755 90,818 38,552 12,910 3,262 22,354 93,623 174,641 170,701 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.23 Total funds 31.3.22 Tolal funds Unrestricled Restricted funds funds Fixed assets Current assels Current liabilities 14,223 700,626 (165,590) 29.219 43,442 141,078 841,704 (9,051) (174,641) 51,665 819,765 (170,701) 549,259 161,246 710,505 700,729 25 conlinued...
hildren In Northern Ireland Notes lo the Fin2nci*l St2lements - continued for Ihe Year Ended 31 March 2023 IS. MOVEMENT IN FUNDS Net movemenl in funds Transf¢rs between funds At 3113123 Al 114122 Unrestricted funds General fund Designated J18,830 45,000 185,429 504,259 45,000 J63.830 185,429 549,259 Reslrbcltd funds Children's Services Training SHSCT- Localiry Development Officer Family Support Consultant Participation Network Families Marter Particbpalion (Self Funded) Holiday Hunger The Family Model SPPG - PaTeniline SPPG - Pareni & Carer Engagemenl SPPG - Parental Participaiion Dormanl Accounts Fund Nl Capital Equipmenl Fund Disability Awareness 6,516 (40) (1,125) 5,351 23,995 19,031 68,000 34,193 72,642 6.657 66,650 7,057 6,678 153 25,327 (3 S2) (19,031) (68,000) (34,193) (55,360} (1,577) (28,021) 16,928 1,509 (153) (13,890) 16,527 (75) 23.568 (699) (5,080) (10.805) 16,583 27,824 23,985 18.189 17,782 29,219 16,527 336,899 (175,653) 161,246 TOTAL FUNDS 700,729 9,776 710,505 26 conlinu¢d...
Children in Northern Ireland Noles to the Financial Statements- cr&ntinued ror the Year Ended 3] March 2023 IS. MOVEMENT IIY FUNDS - Continued Net movement in funds, included in the above are as follows: Incomin8 rcsources Resources expended Movemenl in funds Unrestricted funds General fund 121,184 64,245 185,429 Reslricled funds Cor¢ Children's Services Train ing SHSCT- Locality Developmenl Offjcer Family Support Consultant Parlicipation Neiwork Families Matter Participation (Self Funded) Holiday Hunger The Family Mod¢l SPPG - Parenilinc SPPG - Pareni & Carer Engagement SPPG - Parenlal Parlicipation Dormant A¢counts Fund Nl Capilal Equipment Fund Disability Aivar¢ness 77,106 107.250 {77.106) (107,290) (40) 78,199 (78,551) (19,031) (68,000) (34,193) (269,¥28) (1,577) (315,021) (47,358) (34,491) (50,025) (13,890) (2,916) {352) (19,031) (68,000) (34,193) (55.360) (1,577) (28,021) 16,928 11.509 (153) (13,890) 16.527 214,468 287,000 64,286 46,000 49,872 19,443 943,624 (1,119,277) (175,653) TOTAL FUNDS 1,064,808 {1.055,032) 9,776 27 continued..
Children in Northern Ireland Noles to the Financi81 t2lements- eontinued for the Ye*r Ended 31 March 2023 15. MOVEMENT IN FUNDS - continued Compar8lives for movement in funds Ne¢ movement in funds Transfcr$ beiween funds Al 3113122 Al 114121 Unre51rlcted funds G¢neral fund Designaied 279,848 45,000 38.982 318,830 45.000 324,848 38,982 363,830 Rg5triel¢d fund¥ Children's Service5 Training SHSCT- Locality Devclopmeni Officer Family Supporl Consuliant Panicipalion Nctwoik Families Maner Participaiion (Self Funded) Holiday Hung¢r The Family Model SPPG Parentline SPPG - Parcnt & Carer Engagemenl SPPG - Parcntal Participation Dotmani Accounls Fund Nl Capital Equipment Fund 5,347 7,997 (6.828) 6,516 27,436 19.031 68,000 34,193 43,878 42,714 68.871 (2,03 7) (1,404) 23.995 19,031 68,000 34,193 72,642 6.657 66,650 7.057 6,678 153 25,327 28,764 (36,057) 11.033 7,057 7,690 2,982 (13.254) (1,012) (2,829) 25.327 309,470 27,429 336,899 TOTAL FUNDS 634,318 66,41 700,729 28 conrinued...
Children In Northern Ireland Notes to the Finanelal Statemen1$. eontlnued ror Ihe Year nded 31 March 2023 15. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows: Incoming resoknrces Resources expended Movement in funds Unroslri¢ted funds General fund 96,754 (57,772) 38,982 Reslricted funds Core Children's Services Training SHSCT- Locality Developmenl Officer Holiday Hunger The Family Model SPPG - Parentline SPPG - Parent & Carer En8agem¢n¢ SPPG - Parental Participalion Dormant Accounts Fund Nl 77,106 117,000 (77,106) (109,003) 7,997 65,199 186,773 (67,236) (15 8.009) (36,057) (315,410) (4,800) (3,810) (26,451) (2,037) 28,764 (36,057) 1.033 7,057 7,690 2,982 326.443 11,857 11,500 29,433 825.311 (797,882) 27,429 TOTAL FUNDS 922,065 (855,654) 66,411 16. CONTINCENT LIABILITIES A contingenl liability exists to repay grants received should certain conditions not be fulfilled by ihe charity. 17. RELATED PARTY DISCLOSURES There were no rela(ed parry transactions for the year ended 31 March 2023. 18. FRC ETHICAL STANDARD- PROVISIONS AVAILABLE FOR SMALL ENTITIES In common with many vtlier businesses of our si7£ and nature we use our auditors lo prepare and submil returns to the tax auihorities and assisl Wlth ihe preparation of the financial 5tat¢mertts. 29 conlinued...
Children in Northern Ireland Notes lo the Financi forthey rEn ed31 talem nts-¢ arch 2 23 ntin 19. POST BALANCE SHEET EVENTS Th¢ Trustee5 have concluded ihe Covid-19 pandemic impacl is a non-adjusting post balance sheet event. 10. UNRESTRICTED FUNDS ID accordance with best praclic¢ the company dir¢ciors have agreed a comprehensive reserv¢s policy. As such this unrestri¢led fund is th¢ result of the company's strategic objective to establish reserves which equat¢ lo six monihs of annual running Sts. The aim is io provide sufficient funds io cover any working capital requirements associated with receiving grani funding in arrears, any unfores¢¢n ¢osts which may arise, as well as allowing for the payment of any liabilities which would arise should the company cease 10 operaie. Although Children In Northern Ireland may not be in a position 10 maintain this level of reserves at a particular )ill¢ in time, it will strive to achieve a reserve ivhich ¢quales to this level. 21. DESIGNATED FUNDS tk5ignai¢d fund5 are made up as follows- Opening Balance Incoming Resources Outgoin8 R¢50ur¢es Fund Balanc¢ at 31 Transfer March 2023 Project continuation Staff iraining 40,000 5,000 40,000 5.000 45,000 45.000 22. WINDING UP Every member of ihe Company undertakes io contribute to the assets of the Company, in the evenl of Ihe same bein8 wound up while it is a member, or wiihin one year after il ceases to be a member, for paym¢nt of the debts and liabilitie5 of the Company contracied befor¢ il C¢3ses to be a member. and or th¢ Cosis, ehar8es and expenses of winding up, and for the adjustmeni of the righis of the contribulorfs among th¢mselves, such amount as may be reguired not exceeding one pound. 23. SHARE CAPITAL The Company is Limited by Guarantee and has no Share Capital 30
Children in Northern Ireland Delgiled Stalement of Financial Aetivilies for Ihe Year Ended 31 March 2023 31.3.23 31.3.22 INCOME AND ENDOWMENTS Investmenl income Deposil account inierest 1,282 1,246 Charitable activities Granis 943.624 825,311 Other income Memb¢rship Fees Renl and Service Charges Room Hire and Catering Gcn¢ral Donations Consullancy Fees Training Income 30.836 30,277 1.125 1.023 142 16,619 46.322 4,509 23,545 60.900 119,902 95,508 ToiAI In¢oming resour¢¢s 1.064,808 922,065 EXPENDITURE Raising donglions and logacles Publicaiions and Promotion 31.667 21,345 Chgri¢8bl¢ a¢iivities Salaries and Pensions Social security Pensions Insurance Light and heat T¢lephone S(alionery and Printing SundTies Training and Seminars Re¢ruiiment Property Renl and Upkeep Room Hir¢ and Cal¢ring Posiage Compuier Expenses Motor and Travel expenses Legal and professional & trainer fees Carried forward 486,969 34,644 25,147 5,868 4,259 21,252 4.481 5,242 6,569 435,844 31,768 22,279 5.432 6,308 18,702 4.783 6.153 2,267 900 43,639 43,720 3,214 432 16,128 7,645 102,551 768,)21 488 15,582 2,559 74,227 672,117 This pa8e does not form part of the statutory financial statemenls 31
Chlldren in Northern IrelAnd Detailed Statement of FiDancial Activitie5 ror th Year Ended 31 March 2023 31.3.23 31.3.22 Charilable activities Broughi forward Bank Charges Sub5criplions Internet Project Delivery Cos(s Fixtures and fitlings Computer equipment 768,121 169 1,768 162 228,280 7,919 13,346 672,117 216 ,834 1,086 136,810 6,844 12,384 1,019.765 831.291 Supporl costs Governance costs Audiiors, Remuneration Audilors, r¢muneT&tion for non audit work 2.000 1,600 2,000 1,018 3.600 3,018 Total resources expended 1.055,032 8S3,654 Net Income 9,776 66,411 This page does noi forffl part of the slatutory financial slatements 32