MAC (NI) Annual Report and Unaudited Financlal Statements for the year end8d 30 Septsmber 2018 John MaEMAhon & Co Chart•r•d Accountants and Regtst•Ygd Autho 112 Camlough Road Newry Co. Down BT35 7EE Company Numbor.. Nl 614604 Clwlty Numb•r: 101811 MAC (NI) {A Gompany limited by guwaniee, not havthg a slHre coKAtatJ CONTENTS Pago Refe￿nce and Adminlstratlve Information Directors, Annual RèpK)rt statement ol Directors, Re$r￿￿bIllieS and Dedatation Unaudrted Flnanryal Stalernenls IndeperKlent Examinerfs Rep)rt Statement of FlnarKaal Activrfies Balarts She81 10 Notes lo Ihe Financial Statements MAC (NI) IA comwy Ilrnit8d by gwarrtee, not havlng a sharp wxial) REFERENCE AND ADMINISTRATIVE INFORMATION Dlr•¢tors Mrs. J￿piTal Cummir Mr. CthnnknJ Mr. lan Cumming Ms Emer Murphy Charlty In Northern Ir•l•ad 101511 Company Number NI 614604 R8glstsred offica and Prlncipol Addr 34 Lower Knc¢kbarragh Road BT34 3DP Nothern IrEland Independenl Exthner Jottn m￿m81th & charte￿ AcAx)untants 112 Cwmkrttgh Ro*J BTh5 7EE Ireland Bankors Bank of Irdand 12 Trevor Hill BT34 IDN MAC {NI) IA tDmp#ny limlted by guarantee. rmyt havkng a 8haY• raplts DIRECTORS. ANNUAL REPORT forthe yearendod 30 s8ptgmlw2018 The dlro¢t(xs presenl their DIreCtc￿S, knual Report the C4rax0￿ ReKxJl aThl Tnthe8' ReporL and th8 unaudrEed finandal stslemtrnts for the year OTh(￿d 30 Septemt*r2018. The ffiancAal biaternents ar8 wepared In ao>)ffJar￿a wlh Ihe Ci)mpanies Aca 2(￿, FRS 102 Yhe Flnanclal RgportirKJ Stsndard appllcable Sn the UK and Repuilic of IrgL4nd" and A(xx)unliru ROPDrting by ChBrfOes'. statement of R8commended Prgth'ce app￿1¢￿b￿ lo Char￿aS preparfng thdr finat7clal ststemenls In a¢cordance with tho FInan￿￿1 RewtiiyJ Standard ar¥Akab￿ In the UK and Re[￿￿1C ol IrBland IFRS 1021. The Directors. Report cottJns the Infonnatkn Kvqui￿ to bB provid￿1 In the Direthr8' Annual Report undw tha stotement of Recomm8nded Pr￿lICe (SORPI guidelines. The dlredors of th8 company are also d)artty trustees for the purp08e of charity law un(krthe (xwnY5 are kr¥ywn a8 member3 ofthe board oftrusle68. In thls report tho diroctors of MAC INI) FY98ent a summary of its wrpose. governar￿. actlvll￿8. aChI￿eM￿nIS IlnBnc85 for the I￿andal year 30 September 2018. The company is a registered charity and hence the re[￿ and ar8 tK8santed kn a fom) whith conwles ￿th the requirements of tho Companies Act arvJ. a1ttK)￿h not obliged to with the St8iBmgnt of Racomm8nded Practice Icharities SORP effeLOv& j￿Uary 2015). tho (Kganisatlon hès imrAernented Ils recomrnendation8 wher9 rg18vant in thtsse ffianiyal *at8￿ts. Pllstslon. ObJ0rtJv￿ and Stra*ègy Oblectlves Thg prfncipal actmty of MAC Nl Ltd is to act as a re￿urrts for In North8m Ireland and 81s8wh8re {th8'ar8a of benefifi particw for those with autistic spectwm disor(lers and as8oLya￿ c(￿muni￿1￿)n and Intar8cUv8 dlfflcultles or other forn8 of disa¢fvantage. by wJanislThJ prryJramn*s of physkal. ed￿tk)nal atKI other activiles and providi￿ &lwce. ￿¥danc0 and prn¢lThl sy)wKI as a m8an5 ot. Al A(fvancing in ￿fe he¥Mng by dgvowry their 8kils, ￿pa￿tieS and capalxlities to en8ble Ih8m to pBrtkW In society as indepeThJenL rnature and res[m￿￿b￿ lTrJMduaL8 vAth supported voluntèamg posituns 1 pgr year. Bl Promoting hedth and wgl Lthy Ihrwh thg ofthe coMTh￿nitY PhaThnacy Prowamn Cl Prowding rgcroalion and18isure UMB a(1wil￿8 MAC Nl offer ¥b￿blO Support tr81n1￿ arKI expe￿￿￿ tr) adLIt wth Autlsm thrOUg￿)Ut the year. Thlg your adult WBS havlng difficulty scKidisiw and Th)t hakl 8 Jcly for 0￿r 5 y8ar& Th8 supth)rtèd work exwience took place gvery wookend over the wiod of9 Th￿￿th8. We ran two infonnation day8 in the h(v) to atraL* more people to help wlh vdunteerfng. The alm was to 5 nèw volunt8ars. posslbly parents. as mosl of our volunt88rs had stsrt8d unfv$r8ty away thg area leav1￿ us only our ￿e of 4 people lo run any aclMIM aThJ IINS a strLwle fflost ha￿rg fttll Ume fr)bs and thalr ovm famlty comm￿￿ts atw&ekends. With a radu¢Uon In vrAunl8ar numbars and ra￿Hre85 th6 was made to r8duce our fundlng appll(atlon lo one appllcatlon to run fun ￿tdOOr and iTrJoor Se￿onS (Art se&sin$ aNI Bal8n¢e 8bilty sesgonl. We have appToa¢hgd a kthl ￿1￿￿1 CwThJnLYto join our Board of Directors. He has agTeBd lololn u8 al thg gnd of 2019. MAC (NI) IA company linlt¢d by guaraTrtO0. not a tsh￿• Car￿8 DIRECTORS. ANNUAL REPORT for Ihe yw enikd 30 Septemb8T 2018 Structura. Govemancts and Manage￿￿￿t Structurè MAC Nl Ltd Is a (xNnpany Ilmltad by guw*tte8 does nol have a sharg I%4)1￿. h is govem6d by a memorandum nd Art￿e$ tsf Bssodètion and th8 IkqbHty ofeath m•M￿rE8 limtted to ￿ affK￿nt nolèxc8￿ing £1. MAC Nl Ltd have a¢*)pted roiyjst op*aliig and ￿Ve￿anCe slruotures slyp￿ted by pobtses and prowjurès wh ouline the pr(u5se8 8p.d standards rewiryl for the gO¥eM￿ ètMI dèlivery of Ihg Sodal EnterpTi8eS work In linè th best r*2cllce. Mac INI) Is hgaded up by a Ix)aTd of lo¢Jr [￿￿ctOrS 3wJwxted by olher profes5H)nals who h8v8 the necessary skills requiTrd to manage and defver the aws of rest￿&bIlIty as Flnat)C4al Man898mgnt, Audit, Fundraisi￿. HR functions, Markeung aThJ Administrative SL¥¥￿ Thè and pnygrty of the Soaal Enierprise wlll be appllee sdely towa￿$ lh8 pr(MnolK)n ol its tswjives. The dlroctors rn8gt du￿ng the ye8r to make manwJem8rt dedsknn on ar8a8 such as p[￿nIseS, staff. finatK6s or 2ny oth8r gov8manc8 i&8U8s whkh may aise. Th& Board is responsible for w4icy Makn[￿ and ils adlwenc8. The Board ofTwstees ollha dwTty 85 8t 30 Septwnb6r2018 li518d on the InfcffliatKX) pgge 3. R¢vlew ofACt1￿1￿ Ath1eveEy￿nts and p￿roM We contimied our actiwties arKJ offered a nurthr of fm ￿3M to ¢y(* 8eswns and three open days where poopl8 coukl c*1 in for Inforrnati¢￿ on ¥that we can (Mp8ni8e for them atKI how wg Can bgst d1￿( for addttlonat seNi(*s and olherwothng grws tw ￿ gel Inv. lh8 Balarjcg Sheet and thè related noies. Th18 ￿Port is ma¢k to the Glyn￿￿5 rn￿. as a b(Mty. in arxfxdance ￿th Ch8Pter 3 of Part 16 of the Companles Act 20C6. Our wr)Tk has ￿K￿rtakeTr $0 ts7at we mvJht cDmplle Ihe financval stalements that we h8v8 been 8ro8ged to cclnpik, report lo the Board of DtTrrkn thal we h8ve done 80, and statè th089 matter8 th&t w8 hav8 agréed to 81alg to them in thts rEwxI and kn no (th8r puy)se. To the full88t extent pemiitted by law, we do not acc8Pt or assume r8¥on&bllity ID aiiy(xig otsr Ihe cAxnparry and tho c(thP8nY8 mernber5. aB a kJ)dy. for ou¥ or for th16 rewxt. R•speetfv8 r85ponsSbllltlos of dlreGtor5 and ¢xamln•r Tho company's trusiees IWM also the thre¢t(￿s of Ihe company fDr the purposes of company lawl are responsib￿ for lh8 preparauon of th8 finandal statem8nts in acLoffJanc• Ihe requirements tyf Ihe Companles Act 2￿6. The comp8nls d￿ect￿s fA)nsi(kr that an audl is reg￿red for year under Chapter 3 of Part 16 of ihe Cotnwie$ Act 2C4J6 and that an 1ndS￿rIen1 8xamw￿l￿ 15 requlr&l. 1118 our ￿SpOnSibl14fy to: oxamine the fv)aTroal s10t9m￿ts under ￿titin 65 of th8 Charitse8Art folknw the prO￿dureS leld thwn by the gerwal Di(BrtMTh gin) by ts Charity COMn￿SsI(￿ for Ncwthem Ir818nd UEKI8r s8cbon 65(gxbl of Charfties Act.. a sIAle s¥hether particdAr m*tgrs have CCMMe to our altenlwjn. of Independent ex￿Ine¢S rèport We have examlned yrgJr cornpany ffinawAal stat8rnents as lewir￿1 undgr 8ecbon &5 of lh8 Charities Ad 8nd our examination was camed Lxrt in a(wdgnc6 ¥¥tth the g¢)neral L*"r￿IK)n5 given by U)e Chaiity CommissK)n for Northern Ireland under 8￿tiOn 6519Xb) of the cha￿65 Act. An examin8tN)n Includes a re¥￿W of the èecounli rècortts kept by the company and a of the final￿al 8ts1em8nts present8d th ihose ￿rds. It al Inclu(￿5 cM&dera1ion of any unusua rfems or dlthms In the fin3nclal State1￿￿ts and settkSng &xplanations from the dlteGtors concemlng any s￿h mattets. pr{K&Ju￿5 undertaken do not ptO¥MJ8 811 the pMderKe that wothd be ￿qUIred in an audtt and conS￿￿ty ￿ opkni(m is given as lo whether the actiyffi18 present a 'lwe and falrf and the report Is limlW to tIM)s8 rnalters *t (xrt in Ihe stalement bekMI. In ￿1n￿e￿on w((h our oxarnknakn, no mattgt has C4Th to W 8ttenlkn u8 Cau￿ to b&￿&ve In, any malerial respect: at£ounlng reix)rds were not kept in *xx¥dance ￿th S￿tK)n 386 of the Conwanigs Act 2(M)6 the financial statements do not Ihose a(LoJntirg re(x)rds the finan(xal 8lalements hav8 b88n prepared in a￿an¢* wtth the awwtiny rEqui￿ffle￿ts of 98Ctbn 396 of fh8 Companies Act 21)06 and %+itth th8 methofh and [W•￿PIeS of the Statcmenl of Recommended Practice applitsbk to chariti98 preparfng accounts in accorfancg Uw F￿an[jaI R13poitiw Standaid applkable in tho UK and Repub￿ of Ire￿￿1 IFRS102} thw8 18 further ink)rrnatLon a wopef ofihe &xx)￿ts ID be Teached. Inde￿ndant examln8r* glatement We hav8 no C￿￿ern8 and have corne no other Malt￿ in (ffineCbt￿ examlnatkn to whlch attenyon should b8 dtgwn in thi8 IBW)rt in orthrto en*Ag a prcpar wthstandI￿ ofthe finandal statements lo t* reached. John Ma¢Mahon JOHN fdACMAHON & CO Chartered Accountants and Registwed 112 Ca￿￿oUgh Road Nowry Co. Dovm BT35 7EE Northern Irdand Date.. 17 Ocl•)ber 2019 MAC (NI) IA Gompany Ilm61ed by guararth•, not havkng a shaFP Cap STATEMENT OF FINANCIAL ACTIVITIES Ilrtorporaiing an and ExFendltur8AtGourrt) forthg yoar ended 30 Septemb8r201B UnresMcied R•strfded Funds Fund5 2018 2018 TrAal uNeSt￿tad Resbfjcted FuThJs FuThls 2017 2017 Total 2018 2017 InCOn￿ng Re50ur¢88 Voluntsry IrKome 4,110 60,017 64,127 Resour(*8 Expertdtd Charitabl8 3.952 6,138 10,090 4,110 44.386 48.496 N•t Incomlngl¢Jutgolng resoure•s b8for8 transfers Gmss Iran5fers be￿8￿￿ nds {1.569} 1&1381 (7.70n 15.631 15,831 Net movement In fund$ for the year {1.569) 111381 17,70n 15.631 15,631 Reconclllatlon of fur￿$ Balan￿$ brOWJhtforwa￿ 81 1 OGtotw2017 10 925 24705 25,630 25 9.074 9.999 ances canled fO￿ard at 30 September 2018 {644} 17,923 92S 24,705 25,630 Th8 Statem8nt of Finarrial Activiti98 Ind￿ all ga￿5 amt I￿8S r• in th8 year. All incon* and expendllure retate to oMtiÈw &bbib'e& rth5 on p*J8s 11 b 15 IDM thB stsknents MAC {NI) IA company 1Smlted by guarantee, not havlng a share capltall Company Number.. Nl 614604 BALANCE SHEET as at 30 September 2018 2018 17 Notes Fixgd Assets Tangib18 assets 20,492 26,664 Current Assets Cash 81 bank and in hand 484 5,588 Creditors.. Amounts falling due withln one year 13,0531 16,6221 Net Current Liabilstl8S 12,5691 11,0341 Total Assats less Current Liabilit186 17,923 25.630 Funds Restrict&d trust funds General fund lUn￿strICted1 18,567 16441 24.705 925 Total funds 10 17,923 25,630 These financial stat&ments have been p￿Pared in accordance with the special provi&ons relating to sma11 Cotnpanies within Part 15 of the CompanK9S A¢1 2006. For the fin8nci81 year ended 30 S8Ptember 2018 the wmpany was antitled to exemption from audit under section 477 of the Companies A¢t 2006.. and no no1.￿ has been deposited under sectK)n 476. The directors Confirm that the members have not reqUI￿d the company to obtain an audit ol ils financial stai8m8nts for the year in question in accordance with section 476 01 the Cornpani&s Act 2006. The direct015 acknowledge their responsibilities for ensuring that the company keeps accounting records which Comply with seclion 386 and for p￿parIng financi81 statements which give a true and fair of the slate of affairs of thè company as al the end of th8 finan¢ial year 8nd ol ils profit and loss for the financial year In accordance wlh the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Compani8$ Act 2006 relating to finanoal statements. so far as applicable to th8 company. The financial statements have been p￿pared in 8c¢ordance with the provisions applicable lo companies subject to the small cornpanies. regime and in accordanc8 Wth FRS 102 'Th8 Financial Reporting Standard applicable in the UK and Republic of Ireland. applying Section 1A of that Standard. Appr edb he Board of Directors and zuthorl$ed for issue on 17 October 2019 and signed on Its behalf by Jenni ector r Cummlng Ms Emer Murphy Director The note5 on p8ges 11 to 15 form part ol the fin8nCK91 Stsletnents io MAC (NI> IA ¢￿panY Ilmltod by guar*w. noth8VI￿ a stwè t*lJQ NOTES TO THE FINANCIAL STATEMENTS for the yaar andèd 30 S8plgmb8r 2018 GENEF14L INFORMAnoN MAC INI) is 8 prfvatè ccmpany kniked by guarant* I￿￿}￿X￿o￿d in Northem l¥èW. The regigtered off￿9 ol the compafty is 34 LIy•￿r Road, Rostrewx. Neffj. Co. Do%*n. 8T34 3DP. Norlh8m I￿land which 18 a*0 the priftopal lace of i￿￿neSS ol The tmarMi818talemenls h8v6 b8Bn presented In PouThl Slerfing (£1 8180 the fUn¢t￿nal tyJrr8ncy of the company. The finanaal slat9￿￿t$ o)ver Ihe tho year frThn 18t Octoter 2017 to 30th Septembor 2018. Tha Charily t￿r￿fft ￿y. AccouKfiNG POLICIES Thtr f0H(￿ry accountiry hav8 b88n appled con&5tentty In d8alhvJ with items whlch are con¥id8r8d material In r￿a￿￿ to Ihe charitys fina￿￿til strt8mer Ba¥is of preparallon The ￿n¢la5 slaternents hBv6 ￿en prepared on the going ¢￿tern baw under the hthrical cost convention. Tnodlfiad lo Ir￿￿d6 certain It8rns al fair Wdlue. Th8 ￿9r￿181 8tatements hawe begn pre￿r8d in accord￿￿ wilh lh8 Stalgm9nt of Rècommended Prathca (SORP) "Ac(xwntiw and Reporting by Charib88 preparing th*r ￿￿TrtS in wtth Fwncial ReF¥)Tt'ng st￿￿1[1 applicable in the UK and Republi¢ of Irdand IFRS 1(Y2) leif8the 1 January 20151., aThJ FRS 1￿2 F￿anCIal RewfjrvJ Stsrxlard app￿able in the UK and Republk of Ir8land". apthThJ Section 1A of that StarKlard. Cash Ilow statemw7t The company has awaled of the eXerrYt￿ in FRS 102 from lh8 ¥equIren￿t to prodwkn a ¢ash flow 8ts1enEnl because it Is cta&sifMI as a Sm￿1 compgny. Fund aeeountlng The fdloTrhing ￿￿e th8 Cat￿￿Se5 Dfhjrnts mant￿￿1.. Reslrtcted ftjnds Restrtctod I￿$ ￿prEsen1 irNxJme received whith Can onty be usgd tr parUC￿ar ptsry)098s, as 3￿C[fied by the doTh)rs. Such puryx)se8 are ¥wthin Ihe overEI ol¥8the5 Of￿ c(xnp8ny. UnrestActèd fundg U￿reStricted fvrKls of G¢Mrdl 1ksb3r￿1od furKJ& . Generdl fL#¥Js represent arrthinis ar8 exwjth al Ihe of thè tM)ard, in furlherancè of the obiective8 ol the company. - Des'gnated funds ccthprise urye5tr￿ fu￿lS that th8 bowd has. at it8 di￿tion, set thdg for pardcular purw>sg8. These dw"gnatKJns have an admlnlslrth puq)ose onty, and hot legally resblct the boaA% d1$creti<￿ to appty the f￿(1. 11 MAC (NI) IA oompaDy Ilmrtgd by guarant80. not havlrvJ a ¥fv￿ ¢aWI NOTES TO THE FINANCIAL STATEMENTS continu8d for the year ended 30 Septamb9r 2018 Incon￿rt9 R•sourcos I￿oMe Is reCffjni￿ by the Slatgrwrt of Fwrhial fv£llvities onty wh8n lh9 conwy I818g￿ty enltled lo the lTh)M. ¢￿1￿0￿5 allach￿l to Iho rteml8) ol Inc(Kna have tnel, the amDunts involved cap. be measured w•ilh sufv'8nl tdkabilty and it rs pr(knatA8 thal the hxome will ￿ rnceiveil by thè company. ncome ¢harltabl• activities Income from charttable activllies hKome eam￿l frcm Ihe of servTCOS und8r ccrtractual arrangements and from ￿rformanC￿ r8Wed grants whlth have condltlons that speclfy Ihe proYisKm of particular S8NhXS to be provided by lh8 ￿mPa)y. Irthrn& Irom government and other co-fvrthrs Is recogn¥sed w￿n the crynpany is legally entslod to Ihe Irr￿Me be(£use li k8 fulfilli￿ fh8 C￿1￿51b0￿5 cwtrained In the related fundng agre8rnents. Im￿re a gr￿ 18 rgCgiVtyJ In advancè. lis rethJniboD is defèrred and Irduded In C￿t￿$. Wher8 8ntikngnl Or￿rS bpfore is rgc8i¥ed. accrued in debtors. Grants from ￿)ve￿￿ne￿i$ and ottwcTrfurKl￿ tywcalty of Ih8 fr5111)h%￿g typ9s Ofcondluo￿'. . Perf0m)a¢￿e ba*d coTrJthO￿. W the LY)ntra• 8nhlknl to I)￿ to th& èxtent that the core oble¢Yvos of the tyent 8grpern￿t a￿ achleved. thg Company Is meelng the corB objectiv&4 of a gwt agreement, it re￿n￿8 th8 rdaled exrErMfibJrE. to Ihe gxtenl that It Ls ￿lM￿￿r8ab1p by tho donor. as I1￿me. -Tlme based ¢￿￿11[￿s.. thg ￿rnPany Is th)frathalW entiw lo fundiThJ on thè CorN1rt￿jn that It is uIAisgd in a pÈrtiLwlar period. In these &9888 th8 ￿)rnpany the in¢orne to tha exient it is uullsed thln the period 8pK#ned hi ts ajre￿ertL In tl)e abS￿￿e ot ￿ch c(K￿l*K)nS. assuming ljwl receipt is probats￿ Ihe amount e2n be r6WaUy e88wed, grant Iruxne Is re(wntsad once the ¢c4m￿Y 15 of enlUemenL Grants r6Cbiv•d towards expen(IIurE 8re to ￿ Sl8t&ment of Fnanclal Activttie8 whgn ￿￿e1ved or recdvabte. whi(*w8r is 6arll¥. Resources Expendod Expendfture is anafvd beiwgen costs of clw"lable acbtss a￿1 raising funds. T￿ eo*8 of each 8cUwity are separaidy aCCur￿lated And dI￿k)sed, an8tyw￿d ac￿rdIr￿ lo their major compononts. Expendituro Is fecognised Trmlgn a legal or¢¢Mstr￿￿p￿ obl98tK￿ exlsis a5 a re5Lrtt Df a p88l evenl, a transfer of ewnomic benefts is requireis In 8ettl8rrErrt a￿fj th6 arnount ol the oblgth'on Can bg fyliabty measwed. Support costs ara thoSB functK)ns thai assist th6 ￿¥k ol Ihe rA)mpary bul cannot be attr&MAied t(> (X18 acuvlty. Su(* costs ar8 alocated to athvitt88 ￿ ￿0p￿tk)n to *aff tine ouw 6LUtabb measure for eath a¢￿VIty. Tanglbl8 fixed assets and depr￿1?￿0￿ Tangible fixed assets are staled al c(6t or al val¢Jalion. Iw 8f£Lmulated dEp￿Ck￿l0￿. The chargè to dfjprgciabon is calculateyl to writg off the (KpJirsal or vdualion of tangit4e fved awts. less Ihelr gstimaled Tesidual vaue, over their 8XP8d8d us0fv1 I￿e8 as folows". Fixiures. rrtUrKJs ￿lpft￿t Motorvehldes 20% Stsghtline 20% StrapJht linè Cradhors CredlEors and prrTr7won8 are rec4)gnls&J *l)ere Ihtr ¢harity has a presèllt oNigatiM resuwng from a pasl evenl, which probabty result in Ihe transfw of eei>tK)mic Wd1￿ io a third party, and the amount du8 to seyle the Obl￿atIon can be feliabty rneaswed or eslimat￿l. Cr8dTioT3 prOwlS￿n$ a￿ rK)rtnaity reco￿lse al iheir selU8rnent amount 811pr allo¥*iro for ary (Yad& dFAx)unls duo atxl ai ttdr present value wthere the time value of money Is deerr*d ￿gnfvnt F￿dS atready reGewJ fnyn govemment agenc￿8 and otherc founders that (to nol meet the crIt￿ta for r8cc*JnilKx) as inc¢)trE. 8r8 sh(wn in credfftws. Cash at bank and In hand at bank and In hand CAyMpr￿ Gash deFQS"t at bèt*s r8qufftJ kss ihan three monlh3 of withdrawal. 12 MAC INI) IA company Ilmlted by guararrt88, not ha¥lNJ aslwe twall NOTES TO THE FINANCIAL STATEMENTS conUnu*l lor yèar ended 30 sept&[r￿ar 2018 Taxatlon No current or deferred taxat￿ ar1￿ as tt* ojmpany has been gr*J charrfablo EXBrnption. Irrecov8vdble valued added tsx 15 e￿n3￿ as knxrrgj. The charlty is a charity. ond as such fg anlued to CertaTn tax gxempllons on Income and rKofft8 rrom investmgnts and yJrpluso8 ￿ any Iradkvd cBrried out in furtheratKè of Ihe charftys prim objectwes, rfthe56 KKofil8 and 8urpkJ6es are appl*d soldy ts Charitab￿ PLn)08èS. The charity is not reg￿8r8d forVAT9￿1 a(¥x)rr5￿ty all tw expendlture Is indusiv8 01 any VAT relumed. INCOME DONAnONS AND LEGACIES unre5trf￿Qd Re8tflctod Funds Funds 2018 2017 volL￿trry ino)me 2.383 2,383 64,127 EX￿NDr[URE CHARITABLE ACTIVffES re 2018 2017 Cost$ charilab￿ 8(Afvttie8 1.720 2.028 10.000 48,496 ANALYSIS OF SUPPORT COSTS 2018 2017 Insurdnce Gener￿ offico 1.105 923 2.Q28 NET 5NCOMING RES(XJRCES 2018 2017 N•t Incomlng R￿QUr¢e$ are ststed afterChargIn￿(¢redltlngj'. Depr8dation ofiangltde a&%ets 172 3,379 13 MAC (NI) IA ¢ompany Ihnh¢d by gtsaiantoa, nrthavkng 8 8hw* taplall NOTES TO THE FINANCIAL STATEMENTS ¢x)ntinued for Ihe year ended 30 SgPtemt*r 2018 TANGIBLE FIXED ASSErs Total fittlngs and •quipment vèhlcle At 30 Septembèr 2018 21.0 9.800 30060 Depreclatlon At 1 Oetober 2017 Charge for th8 ye 4,196 6,172 4.212 At 30 SepteM￿r2018 6.842 3,526 10.368 N¥t book At 3D September 2018 14.218 6.274 20.492 At 30 Sepi8rd)er 2017 18.430 8.234 26,864 CREDITORS ounts fallng due wlthln on• y 2018 2017 Trade creditcHs Other credllors A¢cfuals und d8f8Thod w¥xJm8 2.23D 3,893 1,803 3,053 6.622 RESERVES 2018 2017 At 1 October 2017 forth8 wr 25,630 {7.7071 9,Y98 15,632 At 30 September 2018 17,92J 25,630 10. FUNDS 10.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrtcted Restrict•d Funds Ful￿5 Total Funds At 1 (ktob8r2016 Mrwen*nt dwng the fin8rnIal yeaT 9,074 15.631 9,999 15.631 At 30 S￿M￿r2D17 M￿le[rtht duriro the finandal year 925 11.5691 24.705 16,1381 25.630 17,7071 At 30 Septemb8r2018 18.567 17,923 14 MAC {NI) IA company Ilmtted by gLtaRk*ea. not a sha18 ¢Wal NOTES TO THE FINANCIAL STATEMENTS continued for Ihe year gnded 30 Sgpienknr 2018 10.2 ANALYSIS OF MOVEMENT8 ON FUNDS anc• 1 O¢tober 2017 In¢on* Expgndlture 7ransfors Balanee batween 30 5oPtember funds 2018 R8strl¢tèd In¢omg Re5￿ted fvnds 24,705 6.138 18.567 Unrestrtcted Incom UnrBStri¢t9d General 3.952 16441 Total fvnds 25.630 l383 10,09) 17,923 q0.3 ANALYSIS OF NET A&8ETS BY FUND Fl¥•d Cwrent assèts CuFrent Ilabtlltle8 Tolal . ¢hwltyus• Re8trfctgd twst 20.4¥d {1.9251 18.567 Unrestrthd fvnds 11,1281 16441 20.4W2 484 13,0531 17,923 11. STATUS company Is kmlted by guarth a shar8 cgp*al. liatAlily of Iho mwnt*rs15 Itsi*od. Every m￿ts￿r ofthe (XXTwny undertakes to the assets ot thè {l￿panY in the event of its I￿1￿j wound up Ihey 8r9 rrembws. ¢x*ithin y88r lhe￿after, fr)rthe rwmenl of the debts and baiNl￿e6 of the corrpany contracted before thgy ￿aS￿l to be m&7knrs. Ihe COS￿ charges and expenses ofvAn(5i up, and for the adju51ment of the 0jn1￿1tOf3 arsw tr￿Mse￿S. SLth amount 05 may be reqthred, Th)t exCeed￿g £ 1. 12. RELATED PARTY TRANSACnONS East Coast Mveniure Ltd. BBeo*nuf DevebpTr*nts Ltd and Plac INI) Ltd havè ¢ornwn dIr￿r$h7p. Mac {Nll Feceiv8d inclwre of£2.383 from E851 Coast Adventur6 Ltd during ts finandal ye￿. M8c INII reC￿Ved a loan of £2.893 tltxn De¥*knpmwrt8 Lbl. Durfng finaKaal year MAC INI) r8paid £1,IMXI of ￿ loan. East Coast Adv8nknre Lld. Be¢L*￿t D￿k￿￿en1$ Ltd and IAac INI} Ltd hav&ComM(￿ dire¢torshlp. CASH AND CASH EQUlVALEP￿s 13. 2018 2017 Cash and bank baL4nco8 5,$88 14. POST-BALANCE SHEET EVENTS There love been rb) 8wnts aff￿tINj the ¥nce the Year-￿￿. 15