Company Registration Number.. N1034750 Charity Number.. NIC101573 Community Advice Craigavon Limited IA cornpany limited by guarant80, not havlng a sharè capital) Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2023 Daly Park & Company Ltd Chartered Accountants 4 Carnegle Street Luryan Co. Armagh BT66 6AS Northern Ireland
Community Advice Craigavon Limited IA company limited by guarantee, not havlng a share capital CONTENTS Page Trustees, and Other Information Trustees, Annual Report Slatement of Trustees, Responsibilities and Declaration on Unaudited Financial Statements Independent Examinerfs Report Statement of Financial Activities Balance Sheet 10 Noles to the Financial Statements
Community Advice Craigavon Limited IA company limited by guaranteè. not having a Share capital) TRUSTEES. AND OTHER INFORMATION Trustees Martin Brian Stevenson Kieran Gerald McGeough Hazel Ruth Craig Maria Mcveigh Nicola Lorraine Cinnamond Adrian James MeParland Company Secretary Maria Meveigh Charity Number In Northern Irgland NIC101573 Company Reglstratlon Number N1034750 Registered Offlce Mount Zion House Edward Street LuTgan Craigavon Co. Amagh BT66 6DB Northern Ireland Principal Address Portadown Health & Care Centre Tavanagh Avenue Portadown Craigavon BT62 3BU Northem Ireland Indèpendent Examiner Daly Park & Company Ltd Chartered Accountants 4 Camegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland Principal Bankers Danske Bank 4548 High Street Portadown Co. Amagh BT62 1 LB Northern Ireland
Community Advice Craigavon Limited IA company limÈted by guarantee, not having a sharè ¢apitall TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2023 The trustees present their Trustees, Annual Report, combining the Directors, Report and Trusleos, Report. and the unaudited financial slalements for the financial year ended 31 March 2023. The financial statements are prepared in accordance with the Companie$ AGI 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their financial statements in accordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The Trustees, Report contains the information required lo be provided in the Trustees, Annual Report under the Slalement of Recommended Practice (SORPI guidelines. The trustees of the company are also charity Iruslees br the purpose of charity law and under the company's constitution are known as members of the board of trustees. In this report the trustees of Community Advice Craigavon Limited present a summary of its purpose. governano, aclivilies, achievements and finances for the financial financial year 31 March 2023. The company is a registered charity and hence the report and results are presented in a fomi which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Ststemenl of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organis81ion has implemented its recommendations where relevant in these financial slalements. Mission, Obje¢tives and Strategy Mission Statement To benefit the community of Craigavon. Portadown and Lurgan areas by the advancement of education, the pievention or relief of poverty, the advancement of health and the relief of those in need by reason of youth. age, ill-heallh, disability, financial hardship or other disadvantage. We provide advice. information and advocaey lo help people with problems they face and we campaign to improve policies and praelices that affect peoples, lives. Our service is free, confidential, independent and impartial. We are ¢ommitted lo justice and equality and opposed to discrimination and ils effects. In addition to this. the charity continues to campaign lo improve the practices and policies which affect people's lives. Structure. Governance and Management Structurg Community Advi Craigavon Limited is a company limited by guarantee governed by its Memorandurn and Artide$ of Association. The company was recognised as a charity by the Charity Commission of Northern Ireland under the registration number NIC101573 in February 2015. In the event of the charity being wound up, the liability in the respect of the guarantee is limited to £1 per member of the charity. The company is under the Control of the directors who are. therefore, acting twslees for the charity. Review of Activitles, Achievements and Performance Community Advice Craigavon Limited achievements and perfomiance is captured through our progress reports and ultimately through our Annual Report. This has been another extremely busy year for the organisation. Our focus has been on supporting our community in an increasingly severe economi¢ ¢limale with the impact that increasing levels of povety has had on vulnerable individuals and families. During the past year we dealt with more than 21,500 issues. Including welfare benefits advice and appeals casework, housing law. employment rights, consumer protection, immigration, money and debt advice casework, community care and family and relationship matters. These cases generated for clients more than £4.000.000 in additional income. backdated payments on appeal and discretionary waivers. Vve have continued to develop and maintain effective partnership and collaborative working relationships which have helped us make a differen lo many individuals both in short term and longer term solutions for the difficulties they have faced. This include5 our longstanding partnership work with Ma¢millan Cancer Support, which allows u5 to run a dedicated advice project for people experiencing cancer with a presence in the Mandeville unit al Craigavon hospital, our ABC wide debt servi* helping people experiencing the financial pressure brought on by debt, our work with the Soulhem Health & Social Care Trust which enables us lo deliver a dedicated 'in-reach' advice clinic al the Bluestone Unit at Craigavon hospital whele advisers can help mentally unwell inpatients and provide follow up support upon discharge and OUT ntinUed relationship with the national charity Citizens Advice which allows us to offer a means for clients lo access specialist pension guidance from Pension-wise face lo face in our local offices. We continue lo work closely with our advice colleagues in Armagh lo develop the best model for delivery of advice
Community Advice Craigavon Limited IA company Ilmltad by guarantee, not having a share capltall TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2023 across the Amiagh, Banbridge and Craigavon council area. The impact of the current economic crisis. together with cuts to community and voluntary funding continues to bring into sharp focus the role of voluntary advice services like ours. while we try and ensure our public benefit requirement is fulfilled and our service places clients al the centre of everything we do. We have sel out in our Annual Report stories and feedback from clients about how our service has made a difference lo their lives. Financial Review The results for the year and the charity's financial position at the end of the year are shown in the atta¢hed financial statements. The organisalion generated a surplus of £9.707 in the current financial year. Reserves Policy The charity's policy is lo achieve a level of resources which matches the needs of the organisation both al the current time and in the foreseeable future. The free reserves required should be sufficient lo cover six months unrestricted expenditure. The Trustees feel that these levels of reserves are essential lo enable the Charity to continue to provide ils aelivities for the foreseeable future. The Reserves Policy is an integral part of the charity's planning. budget and forecasts. Financial Results Al the end of the financial year the company has assets of £231,111 12022 - £232.6851 and liabilities of £17,821 {2022 - £29,102). The nel assets of the company have increased by £9.707. Reference and Administrative detalls Appointment of acting Trustees l Directors As described in the Articles of Association a new director may be eligible for appointment rf 21 days before the annual general meeting, written notice is deposited with the registered Offi of the intended proposal. signed by a rnernber and signed by the person being proposed, so as to indicate his I her willingness lo be elected. Trustee Induction and Training New tNslees are briefed on their legal obligation under charity and company law, the content of the Memorandum and Articles of Association. the Board and decision making processes and rent financial Performan of the charity. Trustees are encouraged lo view the Charities Commission website so as lo gain a fu51 understanding of trustee roles and responsibilities. Public benefit statement The Trustees believe that each of our purposes satisfy both elements of the public benefit requirement. Purpose One the advancement of education The direct benefits which flow from this purpose include." Tiaining of Volunteers from the area of benefit_ Education of people from the area of benefit as lo their rights in relation to those areas of Nl legislation which directly affects them. People from the area of benefit will not suffer through a lack of knowledge or an inability lo express themselves. These benefits will be evidenced through." The number of volunteers trained each year Feedback from clients who use our servi$ This purpose does not give rise to any harm. Purpose Two - the protection and preservation of health The direct benefits which flow from this purpose include.. Claiming welfare benefits for those who have a physical or mental disability. Maximising the ineome of all clients who are in need. Reducing the levels of stress and anxiety of those in the area of benefit. Providing quality advi lo those in ill health. Providing 8 signposting service lo specialist organisalions for those needing them. Providing quality advi lo all those in the area of benefit who are in distress due to the impact of Nl legislation. These benefits will be eVIdend by.. Amount of yearly benefit maximisalion recorded by Craigavon District Citizens Advice Bureau. The numbers of people from the area of benefit using our service. Feedback from the people in the area of benefit. This purpose doe5 not give rise lo any harn. Purpose Three- the relief of poverty, sickness and distress The direct benefits which flow from this purpose include.. Maximising the income of all clients who are in need due lo poverty sickness and distress. Reducing the levels of stress and anxiety of those in the area of beneffl. Providing quality advice on managing debt and claiming welfare benefits, lax relief and other praelical support to Iho$e in povety, ill health and distress. Helping clients overcome fuel and food povety. Providing a signposting service to specialist organisations for those needing them. Providing quality advice and advocacy to all those in the area of benefit who are in distress due lo the impact of Nl legislation. These benefits will be evidenced by.. the amount of yearty income generated for clients recorded by Craigavon Dislri¢l Citizens Advice Bureau. The amount of debt managed for Clients recorded by the bureau. The number of clients in the area of benefit using the service. Feedback from the clients who use of setvice and other stakeholders. This purpose does not give rise lo any harni. The beneficiaries of these purposes are Ihgse people residing in the Craigavon District Area and across Northern Ireland. A private benefit to Trustees may arise as a result of ongoing training in Good Governance, Finan, and HR. Through this training Trustees gain skills and experience which are transferrable to other settings. These benefits are incidental and necessary to ensure the benefit is Provided lo our beneficiaries. A private benefit to individual volunteers may arise as a result of their basic training. Volunteers gain skills and experience which are transferable to other setbngs. These beneffts are incidental and necessary to ensure the benefit is provided to our beneficiaries.
Community Advice Craigavon Limited {A company limited by guarantee, not having a share capltall TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2023 Trustees The tnjstees who served Ihroughout the financial year, except as noted, were as follows.. Martin Brian Stevenson Kieran Gerard McGeough Hazel Ruth Craig Maria Mcveigh Nicola Lorraine Cinnamond Adrian James McParland In accordance with the Conslilulion, the trustee5 retire by rotation and, being eligible, offer themselves for re-election. The secretary who served during the financial year was.. Maria Mcveigh Complian¢e with Sector-wide Legislation and Standard5 The company engages pro-actively with legislation. standards and codes which are developed for Ihe sector. Community Advice Craigavon Limited subscribes lo and is compliant with the following.. The Companie5 Act 2006 The Charities SORP {FRS 1021 Approved by the Board of Trustees on and slgned on Its behalf by: Nicola Lorraine Cinnamond Trustse Kieran Gerard McGeough Trusteo
Community Advice Craigavon Limited IA company Ilmlted by guarantèe. not having a share capital) STATEMENT OF TRUSTEES. RESPONSIBILITIES AND DECLARATION ON UNAUDITED FINANCIAL STATEMENTS for the financial year ended 31 March 2023 General responslbllltles The trustees, who are also directors of Community Advice Craigavon Limited for the purposes of company law. are responsible for preparing the financial slalements in accordan¢e with applicable law and regulations. Company law requires the trustees as the diredors lo prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial ststemenls in a¢cordan¢e with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the net in¢ome or expenditure of the company for that period. In preparing these financial statements. the trustees are required to- select suitable accounting policies and apply them consislenlly., make judgements and estimates that are reasonable and prudent., state whether the financial slalemenls have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards. and prepare the financial slalements on the going ¢oncem basis unless it 15 inappropriate to presume that the company will Continue in operation. The tnjslees confirm that they have ¢omplied with the above requirements in preparing the financial statements. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's Ir8nsa¢tions and disclose with reasonable accuracy at any time the financial position of the company and enable them lo ensure th81 the financial statements comply with. 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. Trustees. declaration on unaudited financial statements In relation lo the financial statements comprising the Statement of Financial Activities (incorporaling an Income and Expenditure Account), the Balance Sheet and the related notes.. The trustees approve these financial statements and confirm that they are responsible for them. including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis. the judgements underlying them. They have been prepared on the going concern basis on the grounds that the charity will continue in operation. The trustees confirm that they have made available lo Daly Park & Company Ltd, Chartered Accountants. all the company's accounting records and provided all the infomialion. books and documents ne¢es$ary for the compilation of the financial statements. The trustees confirm that lo the best of their knowledge and belief. the aCUnting records reflect all the transactions of the company for the financial year ended 31 March 2023. Approved by the Board of Trustees on and signed on its behalf by: M, Ni¢ola Trustee orraine Cinnamond Kieran Gerard McGe Trustee
Community Advice Craigavon Limited IA company limitèd by guarantee, not having a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF COMMUNITY ADVICE CRAIGAVON LIMITED We have examined the financi81 statements of the company for the financial year ended 31 March 2023, which comprise the Statement of Financial Activities {incorporaling an Income and Expenditure Accounll. the Balan Sheet and the related notes. This report is made solely lo the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial slalements that we have been engaged lo compile. report lo the Board of Trustees that we have done so. and slate those mallers that we have agreed lo slate lo them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the company and the company's members, as a body, for our work, or for this report. Respectlve responsibilities ol trustees and examiner The company's trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The company's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. It is our responsibility lo.. examine the financial statements under section 6S of the Charities Act., follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act.. and stale whether particular matters have come lo our attention. Basis of independent examine$ report We have examined your company financial ststemenls as required under section 65 of the Charities Act and our examination was carried out in accordan with the general Directions given by the Charity Commission for Northern Ireland under section 65{9llbl of the Charities Act. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial slalements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'lrue and fair, view and the report is limited to those matters sel out in the ststemenl below. In connection with our examination, no matter has come lo our attention which gives us cause to believe that in. any material respect.. accounting records were not kept in accordan with section 386 of the Companies Act 2006 the financial slalemenls do not accord with those accounting records the financial slalemenls have not been prepared in accordance with the aceounling requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice applicable to charities preparing their accounts in aordanCe with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) there is fvjrther information needed for a proper understanding of the accounts lo be reached. Independent examiner's statement We have no concerns and have come across no other matters in connection with the examination to which attention should be rawn in this report in order to enable a proper understsnding of the financial slalements lo be reached. DA Ch PARK & CO ered Accounta rnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland ANY LTD
Community Advice Craigavon Limited IA company limitèd by 9uarantee, not having a shale capital) STATEMENT OF FINANCIAL ACTIVITIES Ilncorporalrng an In¢ome and Expendltvr& Aecounti for the financial year ended 31 March 2023 Unrestricted Restrlcted Funds Funds 2023 2023 Total Unreslricled Restricted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incomlng Resources Voluntary Income Investments 229,021 205,904 434,925 227.755 204.042 431,797 Total in¢orning resources 229,030 205.904 434.934 227.755 204.042 431.797 Resources Expended Charitable activities 212,780 212,447 425,227 181,171 218.678 399,849 Net incomingloutgoing resources before transfers 16.250 16.5431 9,707 46,584 114,6361 31,948 Gross transfers betsyeen funds {6.5431 6.543 {18,3361 18,336 Net movement In funds for the financial year 9.707 9,707 28.248 3.700 31,948 Reconclllatlon of funds.. Total funds beginning of the year 14 171,917 31,666 203.583 143.669 27.986 171,635 Total funds at the end of the year 181,624 31.666 213.290 171,917 31.666 203,583 The Slalemenl of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. The notes on pages 11 to 15 forrn part ofthe financial statements
Community Advice Craigavon Limited {A Company limited by guarantse. not having a share capital) Company Number.. N1034750 BALANCE SHEET as at 31 March 2023 2023 2022 Notes Flxed Assets Tangible assets 10 5,957 5,584 Current Assets Debtors Cash at bank and in hand 11 53.829 171,325 62,285 164,816 225,154 227.101 Creditors: Arnounts falling due withln one year 12 {17,821) {29,102) Net Current Assets 207,333 197,999 Total Assetslgss Current Liabilities 213,290 203,583 Funds Restricted funds General fund {unreslrictedl 31,666 181,624 31,666 171,917 Total funds 14 213.290 203,583 These financial statements have been prepared in accordanco with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For the financial year ended 31 March 2023 the company was enlilled to exemption from audit under section 477 of the Companies Act 2006,. and no nolice has been deposited under section 476. The Iruslees confirm that the members have not required the company to oblain an audit of its financial slalements for the financial year in question in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their respon5ibililies for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otheise comply with the requirements of the Companies A¢t 2006 relating to financial statements, so far as applicable to the company. Approved by the Board of Trustees and authorised for issue on Ja behalf by and signed on Its Nl¢ola Trustee orraine Cinnamond Kloran Gerard McGeoug Trustee The notes on pages 1110 15 forrn part of the financial statements 10
Community Advice Craigavon Limited IA company limited by guarantee, not havlng a share tapitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFORMATION Community Advi Craigavon Limited is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is Mount Zion House. Edward Street, Lurgan, Craigavon. Co. Amiagh. BT66 6DB. Northern Ireland which is also the princip81 place of business of the company The financial statements have been presented in Pound (£1 which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation lo the charity's financial ststemenls. Basis of preparation The financial slalements have been prepared on the going concern basis under the historical cost convention, modified lo include certain items at fair value. The financial ststemenls have been prepared in accordance with the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporbng Standard applicable in the UK and Republic of Ireland FRS 102" As pemiitted by the Companies Act 2006. the Company has varied the stsndard formals in that act for the Slalement of Financial Activities and the Balance Sheet. Departures from the standard fomiats are lo comply with the requirements of the Charities SORP and are in compliance with seelion 4.7, 10.6 and 15.2 of that SORP. Statement of eompliancg The ffnancial slalements of the company for the financial year ended 31 December 2017 have been prepared on the going concern basis and in accordance with the Slalement of Recommended Practice {SORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" Cash flow statement The company has availed of the exemption in FRS 102 from the requirement to produce a cash flow statement because il is classified as a small company. Incoming Resources Voluntary income or capital is included in the Statement of Financial Activities when the company is legally enlilled to it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate receipt. Entitlement lo legacies is considered established when the company has been notified of a distribution to be made by the executors. Income received in advance gf due performance under a contract is aceounted for as deferred income until eamed. Grants for activities are recognised as income when the related conditions foi legal entillemenl have been mel. All other income is accounted for on an accruals basis. Resources Expended All resources expended are accounted for on an accruals basis. Charitsble activities inelude eosts of services and grants, support costs and depreciation on related assets. Costs of generating funds similarfy include ftjndraising activities. Non-staff eosls not attributed lo one category of activity are allocated or apportioned pro-rata lo the staffing of the relevant service. Finan. HR. IT and administrative staff costs are directly attributable lo individual activities by objective. Governan costs are those associated with constitutional and statutory requirements. Going Concern The financial statements have been prepared on a going concern basis as the trustees believe that no material UnrtaInlieS exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authoTising these financial slalements. The budgeted income and expenditure is sufficient with the level of reserves for the charity lo be able to eontinue as a going cOnrn. Tangible fixed assets and depreciation Tangible fixed assets are staled at cost or at valuation, less accumulated depreciation. The charge to depreciation 15 calculated lo write off the original cost or valuation of tangible fixed assets, less their eslimaled residual value. over their expected useful lives as follows-. Fixtures, fittings and equipment 25% Straight line 11
Community Advice Craigavon Limited IA company Ilmlted by guarantee, not having a share capitall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 Debtors Debtors are recognised al the settlement amount due after any discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. Income recognised by the company from government agencies and other co-funders, but not yet reiVed al year end. is included in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposit al banks requiring less than three months notice of withdrawal. Taxation No current or deferred taxation arises as the company has been granted charitable exemptton. Irrecoverable valued added lax is expensed as incurred. The company 1$ a charitable company with all surpluses used for charitable purposes. For this reason exemption from corporation tsx has been ceiVed from HM Revenue & Customs. SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY The preparation of the financial statements requires management to make judgements, eslimales and assumptions that reflect the amounts reported. These eslimales and judgements are continually rewewed and are based on experien and other factors, including expectstion of fuknre events that are believed to be reasonable under the circumstances. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2023 2022 ABC Council SH&SCT ABC Financial Inclusion Weffare Reform Support Macmillan Cancer Support Department for Communities CA Training & CANI Advi Nl 189,456 20.253 189.456 20,253 16,052 92,754 44,569 1.500 5,812 64.529 189,520 19,485 3,878 92,754 49,506 16,052 82,754 44.569 10,000 1,500 5,812 2.000 6.750 69.904 62.529 229.021 205,904 434,925 431.797 INVESTMENTS Unrestrlcted Restricted Funds Funds 2023 2022 Bank Interest EXPENDITURE CHARITABLE ACTIVITIES Direct Costs other Costs Support Costs 2023 2022 Charitable Activities 347.007 78,220 425.227 399,849 12
Community Advice Craigavon Limited IA company limited by guarantèe. not having a Share capitall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 SUPPORT COSTS Charitable Activities 2023 2022 Legal & Professional Costs Premises & Office Costs Other Costs Accountancy Finance Costs 11,964 62,052 3.066 1.047 91 11,964 62,052 3,066 1.047 91 1,682 49,806 3,032 720 44 78,220 78.220 55.284 ANALYSIS OF SUPPORT COSTS 2023 2022 Legal & Professional Costs Premises & Office Costs Other Costs Accountancy Finan Costs 11.964 62.052 3.066 1.047 91 1.682 49,806 3,032 720 44 78.220 55.284 NET INCOMING RESOURCES 2023 2022 Net Incomlng Resources are ststed after chargingllcredltlng).. Depreciation of tangible assets Amortisalion of grants receivable 4,015 7.916 12,803) INVESTMENT AND OTHER INCOME 2023 2022 Amortisalion of Capital grants reiVed Bank interest 2,803 2,803 EMPLOYEES AND REMUNERATION The staff costs compiise: 2023 2022 Wages and salaries Social security costs Pension ¢0$15 314.379 20.358 8,255 304.950 21,023 13,479 342,992 339.452 13
Community Advice Craigavon Limitsd IA company limited by guarantee. not having a share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 10. TANGIBLE FIXED ASSETS Fixtures, fittings and equipment Totsl Cost At 1 April 2022 Additions 97,569 4,388 97.569 4,388 At 31 March 2023 101.957 101,957 Depreclation Al 1 April 2022 Charge for the financial year 91,985 4,015 91,985 4,015 At 31 March 2023 98.000 96,000 Net book value Al 31 March 2023 5.957 5,957 At 31 March 2022 5.584 5,584 11. DEBTORS 2023 2022 Prepayments and accrued income 53,829 62,285 12. CREDITORS Amounts falling due within one year 2023 2022 Taxation and social security costs Accruals and deferred income 16,921 900 19,895 9,207 17,821 29,102 13. RESERVES 2023 2022 Al the beginning of the year Surplus for the financial year 203,583 9,707 171,63S 31,948 At the end of the year 213.290 203.583 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted R¢strictgd Funds Funds Total Funds At 1 April 2021 Movement during the financial year 143.669 28,248 27,966 3.700 171,635 31,948 Al 31 March 2022 Movernent during the financial year 171,917 9,707 31.666 203.583 9.707 At 31 March 2023 181,624 31.666 213,290 14
Community Advice Craigavon Limited IA company limited by guarantee, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balanee 1 April 2022 Income Expenditure Transfers between funds 31 March 2023 Restri¢tgd funds Macmillan Cancer Support Welfare Reform Support ABC Financial Inclusion Advi Nl 44.569 82,754 16,052 62,529 44,569 82.754 19,930 65,194 31,666 31,666 3.878 2,665 31,666 205,904 212,447 6,543 31.666 Unrestrlcted funds General Funds 171.917 229,030 212,780 {6.543} 181,624 Total funds 203.583 434.934 425,227 213.290 15. STATUS The company is limited by guarantee not having a share capital. The liability of the members 1$ limited. Every member of the company undertakes lo contribute to the assets of the company in the event of ils being wound up while they are members, or within one year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses of win(Jing up. and for the adjustment of the rights of the contributors among themselves, such amount as may be required. not exceeding £ 1. 16. INDEPENDENT EXAMINER'S REMUNERATION The independent examinerfs remuneration amounts to an independent examination fee of £90012022 - £7921. An amount of £75 was also paid lo Daly Park & Company Ltd for the completion and filing of the charity's Confimialion slalernent with Companies House during the current financial year. 17. TRUSTEE REMUNERATION The Iruslees did not re1ve nor did they waive any remuneration during the current financial year. 12022 £nill. A company. in which one of the trustees is materially interested in as both a directors and shareholder. provided professional services in relation lo payroll bureau Se¥ lo the charity during the current financial year and was paid £1.920 {2022 - £9121. 15