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2022-12-31-accounts

Registration number NI027831

Roden Street Community Development Group Company limited by guarantee

Annual report and financial statements

for the year ended 31 December 2022

Roden Street Community Development Group

Contents

Page
Directors report 1 - 19
Auditors' report 20 -23
Statement of Financial Activities 24
Balance sheet 25
Cash flow statement 26
Notes to the financial statements 27 - 34

Roden Street Community Development Group

Directors Report

for the year ended 31 December 2022

The Directors present their report with the audited financial statements for the year ended 31 December 2022. The accounts have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019".

Reference and Administrative Information

Charity Name: Roden Street Community Development Group Limited Charity Registration numbers: XR55021- HMRC & NIC101484- The Charity Commission for Northern Ireland.

Company Registration number: NI 027831 Registered Office: 162 Grosvenor Road, Belfast, BT12 5AT Business Address: 162 Grosvenor Road, Belfast, BT12 5AT

Trustees

M Millen B Kennedy S Mulholland J Marley

Secretary

Brian Kennedy

Auditors

McCreery Turkington Stockman LTD, 1 Lanyon Quay, Belfast, BT1 3LG

Bankers

First Trust Bank Ltd, 156/160 Andersonstown Road, Belfast, BT11 9DH

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Roden Street Community Development Group

Directors Report for the year ended 31 December 2022

Structure, Governance and Management

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 4 October1993 and is registered as a charity. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and Appointment of Directors

The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the directors, subject to article 38, hold office until the next Annual General Meeting and are eligible for re-election.

Individuals are invited to serve as directors on the basis of their abilities and background so as to achieve a balance between those from the business, voluntary and charity sectors.

Directors Induction and Training

The directors have conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the premises. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

Key Management Remuneration

The remuneration of key management personnel is set using the same parameters as all other staff, which is based on the individual's length of service to the charity.

Risk Management

The directors review major risks to the company on an ongoing basis. Income levels are regularly monitored and advised to contributors through the monthly newsletter. All transactions and projects are authorised by directors, thereby minimising internal risks. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the premises. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

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Roden Street Community Development Group

Directors Report

for the year ended 31 December 2022

Organisational Structure

At present Roden Street Development Group Limited has a Board of directors of 5 members who meet regularly and are responsible for the strategic direction and policy of the charity.

A scheme of delegation is in place and day to day responsibility for the provision of the services rest with the manager.

Objectives and Activities

The principal activities of the company to achieve the goal of securing a purpose built Community Centre for the benefit of the entire Roden Street Community.

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Trustees Report

2022 has represented a continued year of renaissance for Grosvenor Community Centre, with expanded facilities and programming growth. The organisation has also dedicated time to looking forward with a long lens at improved urban planning and reconnecting the ‘Grosvenor’ community to city core and wider Belfast in physical and economic capacity terms. Whist simultaneously providing daily high quality, contemporary services to reflect the community landscape and to make sure the people of our Belfast city are ready for the opportunities of the next decade.

The pandemic, lockdown, changed working habits and gaps in education have altered community needs. The organisation has endeavoured in year to ensure we reflect, we respond, and we are relevant. Grosvenor Community Centre, (GCC), worked in 2022 to ensure access to exemplary health programmes, alternative learning pathways, whole family support, wellbeing provisions and with emergency supports.

A further key need identified, post lockdown, has been a decrease in the provision of statutory services, particularly around roads, weeds and infrastructure. GCC has tried where possible to find solutions to the backlog of work required to sustain a safe and secure community. The year did represent a welcome return to normalised programming and operational services, including full group activities, all indoor provision and large-scale events. However, the ramifications of the pandemic in the wider society have been acute and have required some altered service provision at the facility to meet new challenges, particularly linked to cost of living, drugs, alcohol and increased mental health challenges.

In an effort to support community resiliency during uncertain times, additional services have been implemented such as increased summer provision, expanded youth services, family support services, emergency provisions for essential home costs and counselling.

The health and sporting programming at GCC in 2022 at the new and improved playing field have continued to flourish. The period has witnessed, continuance of new communities engagement at the pitch, growth in existing teams competitive progression, enhanced engagement of women and girls and increased use by persons over the age of 65 years. The quality of facilities is currently excellent, with the renovated surface, new fencing and accessible, high quality spectator stand.

Grosvenor CHANGE Health Programme 22 Cultural Events at Grosvenor 22

Grosvenor Community Centre continues to be indebted to the people of Belfast and we are honoured that so many newer communities have chosen to make the facility ‘a home’. In year the organisation has had further growth in use by Asylum seeking communities who live in the city centre as well as sustained use by the Filipino community and Eastern European persons. The facility is accessible, friendly and relevant, supporting a daily footfall of approximately

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2,000 people per day. Grosvenor Community Centre supports a diverse age range, whole family unit and those vulnerable to exclusion, be that economic, social or cultural.

Pinoy Barrio Fiest 22 Independence Day 22

The organisation wishes to thank support agencies for having a continued vision in ‘Grosvenor’, particularly Belfast City Council for their renewed faith in the community management model. Department for Communities for working in partnership with the organisation towards a rejuvenated Grosvenor Road. Belfast Health and Social Care Trust for recognising the challenges faced by vulnerable families in the area, the Education Authority for valuing the value of the youth voice and Early Years Pathway Fund for enhancing the capacity of the early years sector.

Welcoming DFC Minister Hargey to a Community Planning Day

The engagement of people living in the Falls ward at the centre is the pivotal feature of our success, from volunteering to participating, inputting development drives and supporting vulnerable community members. The organisation, facility and future of the area will be actively driven by the people of the community. As such in 2022 we continued with an outcome-based focus, measuring meaningful impact and long-term change from the individual to the area, to the city.

5 2023 Vision ‘Reconnecting The City, Reconnecting People’

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Priorities in Year 2022 Inclusive Growth: ‘Ready to Take City Opportunities’

Training

The organisation worked to ensure a range of innovative learning pathways in the year, as such an extensive training programme linked to clear employment opportunities was implemented. Grosvenor Community Centre worked in partnership with CIT Health to provide a Driving programme, enabling participants to undertake driving lessons, accreditation and test, the programme generated an 80% success rate, with participants indicating increased confidence, movability and widening of employment options. The organisation also provided CSR training programmes to assist those seeking to enter industrial, manufacturing or building roles as well as Sports accreditation and coaching.

Training provision is aligned to real job opportunities and gaps in the market and included accreditation in childcare to meet a growing demand in the childcare sector. The accredited training calendar also included Fitness Instruction, SIA (Door Persons Security Badge), Forklift Training, Manual Handling, Data Protection and Child Protection.

Mindfulness & Resiliency Programme

SIA Training 2022

Awareness and Capacity

The development of the area in physical terms is viewed as integral to wider social, economic and family improvements. As such the organisation has continued to ensure the community play the active role in determining

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physical regeneration of the Grosvenor/Falls.

Distillery Street Focus Group is led by Grosvenor Community Centre, the initiative brings together Living with Water, NIW, Department for Justice, Department for Communities, Northern Ireland Housing Executive, Belfast City Council and Department for Infrastructure.

Draft Designs for Distillery Street SUDS 22

The site focus frames the Grosvenor estate and effectively cuts the area off from South Belfast, City Core and the new capital developments pending for the city, primarily the Transport Hub. The vacant green space has previously been looked at for housing and was deemed not suitable. Grosvenor Community Centre has worked to engage all landowners, to undertake community consultations, secured resourcing for a feasibility study and rationalised development at the site.

Presently the site now has a feasibility study in place for a SuDS scheme, relinking it back into City Core and

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Forthmeadow. The plans presently are to reopen the interface wall, develop the site via a SUDS system, create a sunken amphitheater and establish Distillery Street as a destination and start off point for the new Greenway, complimenting fully the Transport Hub. The space will provide environmental learning opportunities for local people, potential social economy hubs (temporary units), play spaces, opportunities for biodiversity and create a new city surrounding walking route.

Living with Water and Belfast City Council are currently moving the proposals onto the next stage. In the interim Grosvenor Community Centre managed again in 2022 August to ensure a positive family fun day at the site rather than the negative bonfire which had historically taken place.

The organisation has lobbied the Department for Communities in partnership with representatives from South Belfast. This led to site visits throughout 2022 to assess the viability of redeveloping Upper Grosvenor Road. This request is progressing with initial indications positive as to the scheme progressing. This will significantly improve the Grosvenor Road in walkability, cycling, for retail, social and community activities.

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Distillery Street 8 [th] August 2022 – Another Year of Positive
Community Fun & Togetherness
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Partnership Growth

The pandemic period illustrated to an even greater extent the need for working and positive relationships with key agencies, other communities and in inter community terms. As such in 2022 a working partnership with Bryson continued to flourish, leading to shared programmes and pilot schemes across Belfast. The organisation continued to

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work in operational terms with South City, based in the Village and has retained membership on the Greater Falls Neighbourhood Partnership, Southwest Action Team, Greater Falls Family Support Hub, Housing Consumer Network and Greater Falls Out of School Hours Network. As well as being represented on two local boards of governors for primary schools and with Communities in Transition Health Programme West Belfast.

Improved Health Outcomes

The Court Ward area of Belfast, in which the community centre is located, continues to face incredibly alarming health outcomes. Women in the Court Ward are statistically likely to die a full five years before women in more affluent post codes according to NISRA. This statistic in modern times continues to illustrate the difference between communities in poverty and those in other areas. The Grosvenor area is located beside the Westlink, directly adjacent to the worst air quality indications in the city. The community was poorly designed in the 1970’s with limited play space, outdoor zones and poor insulation in homes. Further to this the community was cut in half with Westlink and continues to be separated by the city core by a complex and poorly designed road and pavement network.

The pandemic has resulted in increasing health problems, particularly linked to mental wellbeing. As such in 2022 the organisation worked across all projects to provide viable opportunities for health engagement, including counselling, physical health programmes, external walking and running groups, the CHANGE programme and mindfulness. This service now entitled CHANGE as a full entity has increased by 40%, including women of all ages and men of all

ages. The service has been described as an ‘excellent model of community led health programming’. The organisation hopes to expand its offering in 2024 by changing rooms and facilities to enable the inclusion of current waiting list numbers.

CHANGE Programme in Full Flow Indoor and Outdoors 2022

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Spatial Growth:

Demand for space at the site has continued to grow since the pandemic, particularly outdoor space. As such we worked with Belfast City Council to ensure that the new playing field amenities and ground updates were maximised in the period with high use numbers. Further to this a marked demand for cycle space became apparent in early 2022, as such a request was made for a covered cycle stand in the grounds, pictured below…….. Culture Day at Grosvenor Community Garden

Work at the Community Garden has continued to flourish, with the space hosting cultural events and environmental ‘know how’ initiatives. The Plough Men and other user groups have requested more space and we are working together to secure provision at lower Distillery Street as well as having made a bid for new temporary outdoor unit in the community garden site to support overspill from the internal centre. This will be a key growth area moving into 2023.

Project elements moved outdoors, including CHANGE which started a new walking and running group using the Forthmeadow Greenway Section 5. It aims to link this with the new Distillery Street plans and create a branded running route for monthly runs for families.

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Young People Lead at the Grosvenor Community Garden & The Plough Men Create a Summer

Wonder

7 Day Services at Grosvenor in 2022

Grosvenor Playgroup

The Playgroup continued in 2022 with maximum capacity of 24 children, this 5-day service is enhanced with a family engagement programme. The service is registered with BHSCT and received an excellent inspection in 2022. The dedicated staffing team are focused on providing high quality care for children aged 2 years and above up to P1. The service supports placements for students and young people interested in a career in childcare or early years. In year additional services were implemented alongside Bryson including a Parent and Baby session 2 days per week.

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Grosvenor Out of School Hours Programme

5 Days per week sees the facility alive with children in the afterschools programme, the service supports 48 children daily. The Out of School Hours programme sees children engaged in health and wellbeing, nutritional support, physical activity, multi sports and learning support. The service ensures that children are able to access a local support programme which is underpinned by a quality, caring and empathetic staff team, along with a healthy snack, a warm welcome and the chance to form positive relationships with peers.

Grosvenor Youth Service

Grosvenor Youth Service currently supports 79 young people in a varied year-round programme.

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The service encourages young people from junior and senior age to enjoy communication, learn, develop resilience and enhance capacity. In the year 2022 the members and leaders kept a strong focus on awareness raising, social media safety, mindfulness and wellbeing. The programme included accredited training from first aid to sports coaching, a political understanding initiative, relationship and sex education and body positivity initiative. The members also engaged in a crosscommunity programme focused on redeveloping the estates on either side of the interface wall.

Raising Awareness of Homelessness Celebrating Female Power 2022

Understanding Politics with a Visti to Belfast City Hall & Natural Understanding Programme

Grosvenor Summer Programme:

The centre provides a 6-week summer programme for children aged 4 years to 12 years and 12

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years to 18 years. The summer programme includes 2-day sessions for children and nightly sessions for young people, as well as a Saturday and Sunday programme. The summer programme includes on-site activities as well as an off-site programme of excursions and residential activities. The programme helps children and young people to feel engaged, happy and active all Summer long. The summer also enables the organisation to re-survey residents around emerging themes and area issues. The pandemic undoubtedly changed the community landscape and new challenges have emerged which the organisation is proactively addressing.

Grosvenor Family Support Programme:

Family support provision is on site at the facility in partnership with the GF Family Support Hub. The programme engages whole family unit and reflects individual family needs, by way of example, mum may engage in the wellness programme, younger members may avail themselves of play therapy and children in the Play or summer scheme. The programme is on a case-by-case basis ensuring tailored support which is monitored using outcome measurement.

Grosvenor Emergency Supports:

The organisation has continued to provide emergency support in times of acute crisis, this included help with home utility costs, emergency food supplies for highly vulnerable isolated persons and assistance with maintenance including garden clearance. It is hoped that this type of support can decrease in 2023, however, we are mindful that the cost-of-living crisis may necessitate continuance for another year of this vital service.

Grosvenor Environmental Programme:

The organisastional staff and volunteers recognised that the area is still facing issues linked to environmental problems, particularly linked to roads infrastructure, weeds in alleyways and shared spaces, litter and graffiti. As such the organisation has continued where possible to undertake area clean ups, weed removal and road safety measures. This was supplemented by the environmental programme at Grosvenor Community Garden, whereby community members were able to learn about planting and developing floral displays for the area which were then disseminated across the estates.

Grosvenor Gives a Helping Hand for Christmas, Summer Family Support Programme

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The centre continued in year to provide facilities and support progammes both indoors and outdoors focused on developmental programming, capacity services, sports, health and wellbeing.

Groups supported at Grosvenor CC Golden Girls, Immaculata Juniors and Seniors, Fire Blades, Rising Stars, McNeil Dancing, Cooke Dancing Group, Pinoy Association, Bryson Parental Support Group, Willowbank, St James Swifts, South Belfast League & More

Festivals and Events in 2022…. Barrio Fiesta, Filipino Independence Day, Belles International Day, Youth Empowerment Conference, Next Generation Celebration, Halloween Fest, Grosvenor Lights Up for Christmas, 8[th] August – Families Together at Distillery Street, February Weekend Health Festival

Operational Days: Monday to Sunday Operational Hours: Monday to Thursday 6.30am to 10.00pm, Friday 6.30am to 12 midnight Saturday 8.30am to 6.00pm, Sunday 10.00am to 7.00pm Operational Weeks: 49 weeks per annum Average Daily Footfall: 2,000

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Organisational Updates:

Expenditure in 2022 increased due to increased area demands and extended programming. The period also saw some delays in funding support due to uncertainty around executive departments, this led to some funding support being released in quarterly blocks rather than yearly. This has subsequently balanced in the year 2023. The organisation plans some significant changes to core provision in 2023 to reflect a changed landscape in Belfast, including expanding the engagement programme for persons living in the City centre awaiting status determination and an increase in facilities for the Grosvenor CHANGE initiative. The board of directors and project management team have grown over the years to include younger representation as well as representatives from Grosvenor Residents Group on the management subcommittee.

A Reflection on the Year 2022

The year has been one of learning and growth for Grosvenor Community Centre. Demands have undoubtedly increased and this has been exasperated by a back log of work to be undertaken by some external support agencies. The community has faced some challenges linked to negative choices which were heightened during the pandemic, and which have left some mental health impacts. The centre responded by upping health and wellbeing programming and continuing emergency supports such as utility supports for individual homes. The facility has sustained extensive 7 day opening hours, supporting a diverse range of groups, ensuring maximum inclusion and bringing a wide range of cultural backgrounds together. Grosvenor Community Centre wishes to thank all those people who have participated at the site and who continue to make our space a vibrant centre in Belfast. The organisation recognises the faith shown by agencies, particularly Belfast City Council, in the community management model. Our vision for 2023 to 2026 is to ensure that the area physically is enhanced, that people are ready and confident to take advantage of the new opportunities in our city and crucially that we level up this area of deprivation to finally occupy its rightful place in Belfast.

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Roden Street Community Development Group

Directors Report for the year ended 31 December 2022

Principal Funding Sources

The principle source of funding was the Belfast City Council, DFC and Education Authority.

Investment policy

The Charity would hope to move surplus funds to short term deposit accounts for investment.

Reserves Policy

The Roden Street Community Development Group lease and manage Grosvenor Community Centre from Belfast City Council, employing a number staff, with a voluntary team and maintaining a wide range of seven day week projects and services. The organisation supports a high number of beneficiaries in direct, front line and daily support. Operationally and in terms of facilities and buildings management and maintenance the organisation is large, as such is it essential that adequate reserves are kept in the event of negative circumstances.

RSCDG has calculated reserves on the basis of current operational, running, staffing and programme costs matched against income.

The board in determining this policy have also:

The board members will review reserve arrangements in terms of monitoring on a quarterly basis and will alter the policy if necessary on an annual basis. This monitoring will take into account changing circumstances based on both income and expenditure.

The RSCDG board based on the scale of operations, lease and scale of facilitation to projects and services hold sufficient free reserves to provide cover for 6 months in relation to known liabilities

Volunteers

The charity is appreciative of the efforts of its volunteers who are involved in service provision.

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Roden Street Community Development Group

Directors Report for the year ended 31 December 2022

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing those financial statements the directors are required to:

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the directors are aware:

Auditors

A resolution proposing that McCreery Turkington Stockman Ltd be reappointed as auditors of the charity will be put to the Annual General Meeting.

This report was approved by the Board on 4th October 2023

Brian Kennedy Secretary

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Independent auditors' report to the members of Roden Street Community Development Group

Opinion

We have audited the financial statements of Roden Street Community Development Group for the year ended 31 December 2022 which comprise the Statement of Financial Activities , the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies.The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

However, as we cannot predict all future events or conditions and as subsequent events may result in outcomes that are inconsistent with judgements that were reasonable at the time they were made, the absence of reference to a material uncertainty in this auditor’s report is not a guarantee that the Company will continue in operation. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the accounts and our auditors report thereon. The trustees are responsible for the other information. Our opinion on the accounts does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the accounts, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the accounts or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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Roden Street Community Development Group

Independent auditors' report to the members of Roden Street Community Development Group continued

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

the information given in the trustees' Report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and

the directors’ report included within the trustees' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of trustees' Responsibilities, the trustees, who are also the Directors of the charity for the purpose of company law, are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the committee determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error.

In preparing the accounts, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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Extent to which the audit was capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,· including fraud is detailed below:

We identified the areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements and risks of material misstatement due to fraud, using our understanding of the entity's industry, regulatory environment and other external factors and inquiry with the Trustees. In addition, our risk assessment procedures included: inquiring with the Trustees as to the charities policies and procedures regarding compliance with laws and regulations and prevention and detection of fraud; inquiring whether the Trustees have knowledge of any actual or suspected non-compliance with laws or regulations or alleged fraud; inspecting the charities regulatory and legal correspondence; and reading Board minutes.

We discussed identified laws and regulations, fraud risk factors and the need to remain alert among the audit team.

The charity is subject to laws and regulations that directly affect the financial statements charity and financial reporting legislation. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items, including assessing the financial statement disclosures and agreeing them to supporting documentation when necessary.

The charity is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation. We identified the following areas as those most likely to have such an effect: health and safety, anti-bribery, employment law, environmental law.

Auditing standards limit the required audit procedures to identify non-compliance with these non-direct laws and regulations to inquiry of the Trustees and inspection of regulatory and legal correspondence, if any. These limited procedures did not identify actual or suspected non- compliance.

We assessed events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. As required by auditing standards, we performed procedures to address the risk of management override of controls. On this audit we do not believe there is a fraud risk related to revenue recognition. We did not identify any additional fraud risks.

In response to risk of fraud, we also performed procedures including: identifying journal entries to test based on risk criteria and comparing the identified entries to supporting documentation; evaluating the business purpose of significant unusual transactions; assessing significant accounting estimates for bias; and assessing the disclosures in the financial statements.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non- compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it.

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In addition, as with any audit, there remains a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non- compliance with all laws and regulations.

A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council’s website at: http://www.frc.org.uk/auditors responsibilities. This description forms part of our auditor's report.

The purpose of our audit work and to whom we owe our responsibilities

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to tem in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Richard McClay FCA (Senior Statutory Auditor) For and on behalf of McCreery Turkington Stockman LTD 1 Lanyon Quay BELFAST

BT1 3LG Chartered Accountants

4th October 2023

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Roden Street Community Development Group

Statement of Financial Activities (Including Summary Income and Expenditure Account) for the year ended 31 December 2022

Designated Restricted
Funds Funds Total Total
2022 2022 2022 2021
Incoming from Notes £ £ £ £
Charitable activities 4 - 508,924 508,924 484,473
Events and fundraising 49,489 - 49,489 49,446
Total income 49,489 508,924 558,413 533,919
Expenditure on:
Charitable activities 5 (43,661 ) (462,595 ) )
(506,256		 )
(437,729
Costs of management 5 (2,370 ) )
(40,800		 )
(43,170		 )
(43,170
Total resources expended (46,031 ) (503,395 ) )
(549,426		 )
(480,899
Net income before transfers 3,458 5,529 8,987 53,020
Transfer between funds - - - -
Net incoming resources 3,458 5,529 8,987 53,020
Fund balances brought forward 231,754 478,605 710,359 657,339
Fund balances carried forward 235,212 484,134 719,346 710,359

All of the above results are derived from continuing activites.All gains and losses recognised in the year are included above.

The notes on pages 27 to 34 form an integral part of these financial statements.

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Roden Street Community Development Group

Balance sheet
as at 31 December 2022
2022
Notes
£
£
Fixed assets
Tangible assets
7
362,777
Current assets
Debtors
8
116,100
Cash at bank and in hand
252,372
368,472
Creditors: amounts falling
due within one year
9
)
(11,903
Net current assets
356,569
Net assets
719,346
Capital and reserves
Designated funds
11
235,212
Restricted funds
11
484,134
General funds
719,346		 2021
£
-
361,440
361,440
)
(15,687		 £
364,606
345,753
710,359
231,754
478,605
710,359

The financial statements were approved by the Board on 4 October 2023 and signed and approved for issue on its behalf by

B Kennedy Maura Millen Director Director

Registration number NI027831

The notes on pages 27 to 34 form an integral part of these financial statements.

Page 25

Roden Street Community Development Group

Cash flow statement

for the year ended 31 December 2022

2022
£
Cash generated from operations
Net income / (expenditure) for the year
8,987
Depreciation
19,558
(Increase) in debtors
)
(116,100
(Decrease) in creditors
)
(3,785
Net cash outflow from operating activities
)
(91,340
Cash flow statement
Net cash outflow from operating activities
)
(91,340
Cash flow from investing activities
Payments to acquire tangible fixed assets
)
(17,728
Decrease in cash in the year
)
(109,068
Reconciliation of net cash flow to movement in net funds
Decrease in cash in the year
)
(109,068
Cash and cash equivalents at 1 January 2022
361,440
Cash and cash equivalents at 31 December 2022
252,372		 2021
£
53,020
18,124
-
12,338
83,482
83,482
)
(11,115
72,367
72,367
289,073
361,440

26

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

1. Accounting policies

Company information

Roden Street Community Development Group is a Company limited by guarantee, registered in Northern Ireland. The address of the registered office is 162 Grosvenor Road, Belfast, BT12 5AT.

1.1. Accounting convention

The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2. Resources expended

All expenditure is accounted for on an accruals basis.

Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably.

1.3. Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Investment income is recognised once the income and been declared and notified to bank accounts.

1.4. Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

27

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

.................... continued

1.5. Cash at bank and in hand

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6. Financial Instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7. Equity instruments

Income recognition

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

28

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

.................... continued

1.8. Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision in measured at present value the unwinding of the discount is recognised as a finance cost in profit and loss in the period it arises.

1.9. Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

1.10. Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2. Net incoming resources for the year 2022 2021
£ £
Net incoming resources is stated after charging:
Depreciation and other amounts written off tangible assets 19,558 18,124
Auditors' remuneration 2,370 2,370

29

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

.................... continued

3. Employees

Number of employees
The average monthly numbers of employees
Management and administration
Employment costs
Wages and salaries		 Year
ended
2022
13
2022
£
265,027		 Year
ended
2021
13
2021
£
267,305

There were no employees earning over £60,000 in the two years ended 31 December 2022.

No remuneration was paid to any of the Trustees for duties as a trustee.

30

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

.................... continued
4.
Grant income
Designated
Restricted
Total
2022
2022
2022
£
£
£
Belfast Trust
-
21,883
21,883
BCC revenue grant
-
64,346
64,346
BCC Capacity Build
-
42,200
42,200
BCC Other Grants
-
7,974
7,974
BCC Pitch
-
44,000
44,000
BCC Pitch- backdated
-
95,000
95,000
Active Communities
-
13,050
13,050
Department for Communities
-
89,847
89,847
DE Early Years
-
26,847
26,847
Education Authority
-
38,592
38,592
Falls Community Safety
-
10,167
10,167
Covid Emergency Fund
-
-
-
HMRC Grants
-
-
-
Blackie
-
-
-
Clan Mor- Sure Start
-
4,600
4,600
CIT Health
-
40,418
40,418
Feile An Phobail
-
10,000
10,000
-
508,924
508,924
Activities for generating funds
Designated
Restricted
Total
2022
2022
2022
£
£
£
Childcare
5,274
-
5,274
Indoor hire and room hire
1,175
-
1,175
3G receipts collected on behalf of BCC
30,071
-
30,071
Sundry
66
-
66
Willowbank
12,903
-
12,903
Divis joint development
-
-
-
49,489
-
49,489		 Total
2021
£
35,740
60,000
63,300
13,038
44,000
-
8,530
106,418
46,749
32,355
22,053
4,000
667
1,200
-
46,423
-
484,473
Total
2021
£
8,550
6,518
17,035
66
7,217
10,060
49,446

31

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

.................... continued
Designated
Restricted
Total
2022
2022
2022
£
£
£
5.
Total resources expended
Costs directly allocated to
voluntary activities
Wages and salaries and pensions
-
220,127
220,127
Staff training
-
22,897
22,897
NI water service
-
1,515
1,515
Insurance
-
6,065
6,065
Light and heat
-
42,541
42,541
Cleaning
2,117
-
2,117
Repairs and maintenance
-
5,272
5,272
Stationary, printing and advertising
-
6,185
6,185
Telephone
-
7,508
7,508
Travel
-
5,000
5,000
Creche and play group costs
-
6,353
6,353
Youth costs
-
101,115
101,115
Sky etc.
-
159
159
Summer scheme
-
13,770
13,770
Bank fees and interest
1,378
-
1,378
Depreciation
-
19,558
19,558
Payments to BCC in respect of 3G pitch collections
40,166
-
40,166
General expenses
-
430
430
43,661
458,495
502,156
Costs directly allocated to management
and administration
Wages and salaries
-
44,900
44,900
Audit fees
2,370
-
2,370
2,370
44,900
47,270		 Total
2021
£
226,505
5,496
1,315
840
21,758
5,414
8,319
8,799
7,991
-
3,327
103,748
158
24,357
791
18,124
-
787
437,729
40,800
2,370
43,170

6. Taxation

No liability to UK corporation tax arises on ordinary activities for the year. The Company is a registered charity .

32

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

.................... continued

Fixtures, Fixtures, Fixtures, Fixtures,
7. Tangible fixed assets Leasehold fittings and
property **Playground ** equipment Total
£ £ £ £
Cost
At 1 January 2022 380,739 87,853 204,601 673,193
Additions - - 17,728 17,728
At 31 December 2022 380,739 87,853 222,329 690,921
Depreciation
At 1 January 2022 58,033 87,705 162,848 308,586
Charge for the year 7,614 49 11,895 19,558
At 31 December 2022 65,647 87,754 174,743 328,144
Net book values
At 31 December 2022 315,092 99 47,586 362,777
At 31 December 2021 322,706 148 41,753 364,607
8. Debtors 2022 2021
£ £
Grants due 116,100 -
9. Creditors: amounts falling due 2022 2021
within one year £ £
Sundry creditors 11,903 15,687

10. Incorporation

Roden Street Development Group Limited is a company limited by guarantee and not having a Share Capital. The company was incorporated on 4th December 1993. The liability of the members is limited to an amount not exceeding £1.

33

Roden Street Community Development Group

Notes to the financial statements

for the year ended 31 December 2022

.................... continued

Designated Restricted
11. Statement of funds reserve reserve
account account Total
£ £ £
Total reserves at 1 January 2022 231,754 478,605 710,359
Total income for the year 49,489 508,924 558,413
Total expenditure for the year (46,031 ) )
(503,395		 )
(549,426
Total reserves at 31 December 2022 235,212 484,134 719,346

Designated funds are unrestricted funds earmarked by the directors for particular purposes within the objectives and activities of the Charities governing document.

Designated Restricted
12. Analysis of net assets between funds reserve reserve
fund fund Total
£ £ £
Fund Balances at 31 December 2022
represented by:
Tangible fixed assets - 362,777 362,777
Current assets 247,115 121,357 368,472
Current liabilities (11,903 ) - (11,903 )
Total net assets 235,212 484,134 719,346

Designated funds are unrestricted funds earmarked by the directors for particular purposes within the objectives and activities of the Charities governing document.

34

Roden Street Community Development Group

The following page does not form part of the statutory accounts.

Roden Street Community Development Group

Detailed trading profit and loss account and expenses schedule

for the year ended 31 December 2022

Sales
Generated income
Grant income
Administrative expenses
Wages, salaries and pension costs
Staff Training
Management salary
NI water service
Insurance
Light and heat
Cleaning and janitorial
Repairs and maintenance
Printing, postage and stationery
Telephone and internet
Amount returned to funder
Creche and play group costs
Project costs
Television costs
Audit
Summer scheme
Bank interest and charges
Payment to BCC - 3G hire
General expenses
Depreciation
Operating profit		 2022
£
220,127
22,897
44,900
1,515
6,065
42,541
2,117
5,272
6,185
7,508
5,000
6,353
101,115
159
2,370
13,770
1,378
40,166
430
19,558		 £
49,489
508,924
558,413
549,426
8,987		 2021
£
226,505
5,496
40,800
1,315
840
21,758
5,414
8,319
8,799
7,991
-
3,327
103,748
158
2,370
24,357
791
-
787
18,124		 £
49,446
484,473
533,919
480,899
53,020