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← Community Advice Armagh Banbridge & Craigavon Limited

2025-03-31-accounts

Company Registration Number: NI034750 Charity Number: NIC101573

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) Annual Report and Audited Financial Statements for the financial year ended 31 March 2025

Daly Park & Company Ltd

Chartered Accountants and Registered Auditors 4 Carnegie Street Lurgan

Co. Armagh BT66 6AS Northern Ireland

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) CONTENTS

Page
Trustees' and Other Information 3
Trustees’ Annual Report 4-6
Statement of Trustees’ Responsibilities 7
Independent Auditor's Report 8-10
Statement of Financial Activities 11
Balance Sheet 12
Statement ofCash Flows 13
NotestotheFinancialStatements 14-18

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Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) TRUSTEES' AND OTHER INFORMATION

Trustees Martin Brian Stevenson +
Kieran Gerard McGeough°
Hazel Ruth Craig-
Nicola Lorraine Cinnamond ~
Adrian James McParland-
Charity Number in Northern Ireland NIC101573
Company Registration Number N1034750
Registered Office and Principal Address Portadown Health & Care Centre
Tavanagh Avenue
Portadown
Craigavon
BT62 3BU
Northern Ireland
Accountants Daly Park
& Company Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northern Ireland
Principal Bankers Danske Bank
45-48 High Street
Portadown
Co. Armagh
BT62 1LB
NorthernIreland

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Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT for the financial year ended 31 March 2025

The trustees present their Trustees’ Annual Report, combining the Directors' Report and Trustees’ Report, and the audited financial statements for the financial year ended 31 March 2025.

The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the company are also charity trustees for 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 Armagh Banbridge & Craigavon Limited present a summary of its purpose, governance, activities, achievements and finances for the financial financial year 31 March 2025. The company is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements. Principal Activity To provide advice, information and advocacy to help people with problems they face and campaign to improve the policies and practices that affect peoples lives. Our service is free, confidential, independent and impartial. It is committed to justice and equality and opposed to discrimination and its effects.

Mission, Objectives and Strategy

Mission Statement

To benefit the community of Craigavon, Portadown and Lurgan areas by the advancement of education, the prevention or relief of poverty, the advancement of health and the relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage.

We provide advice, information and advocacy to help people with problems they face and we campaign to improve policies and practices that affect peoples’ lives. Our service is free, confidential, independent and impartial. We are committed to justice and equality and opposed to discrimination and its effects.

In addition to this, the charity continues to campaign to improve the practices and policies which affect people's lives.

Structure, Governance and Management

Structure

Community Advice Craigavon Limited is a company limited by guarantee governed by its Memorandum and Articles 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 trustees for the charity.

Review of Activities, Achievements and Performance

For Community Advice Armagh, Banbridge & Craigavon Limited (formerly Community Advice Craigavon Limited) this has been an important year in terms of development and transformation. In December 2024, after many years of collaboration, advice services across the Armagh, Banbridge & Craigavon area finally achieved amalgamation into a single new service, re-named Community Advice ABC. The service now delivers advice and advocacy through a range of access routes, by telephone, through email, online via our web-based portal, from outreach locations & in person across 4 main offices in the towns of Armagh, Banbridge, Lurgan & Portadown.

In addition to these routes, we have been developing a service which is grounded in and integrated within our local communities, bring our advisers out into food banks, food pantries & charities which support vulnerable people. Our focus remains, as always, on supporting our community in severe economic times, while we aim to help address the root causes and impact of poverty for vulnerable individuals and families.

During the past year, across the ABC area, we dealt with more than 33,000 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, together with our Macmillan welfare benefits team, generated for clients more than £4,800,000 in additional income, backdated payments on appeal and

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Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 March 2025 discretionary waivers. Our specialist debt team managed almost £2.5 million in debt and our appeals team represented 149 clients at independent tribunal hearing, generating backdated payments ofjust over £650,000.

We have continued to develop and maintain effective partnership and collaborative working relationships which have helped us make a difference to many individuals both in short term and with longer term solutions for the difficulties they have faced. This includes our longstanding partnership work with Macmillan Cancer Support, which allows us to run a dedicated advice project for people experiencing cancer with a presence in the Mandeville unit at Craigavon hospital, our ABC wide debt service helping people experiencing the financial pressure brought on by debt, our work with the Southern Health & Social Care Trust which enables us to deliver a dedicated 'in-reach' advice _ clinic at the Bluestone Unit at Craigavon hospital where advisers can help mentally unwell inpatients and provide follow up support upon discharge and our continued relationship with the national charity Citizens Advice which allows us to offer a means for clients to access specialist pension guidance from Pension-wise, face to face in our local offices.

We are committed to developing the best model for delivery of advice across the Armagh, Banbridge and Craigavon council area in order to try to ensure our public benefit requirement is fulfilled and our service places clients at the centre of everything we do. We set out in our Annual Report stories and feedback from clients about how our service has madea difference to 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 attached financial statements. The organisation generated a surplus of £33k in the current financial year.

Reserves Policy

The charity’s policy is to achieve a level of resources which matches the needs of the organisation both at the current time and in the foreseeable future. It is the reserves policy of the organisation that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent to between three and six months expenditure. The Trustees feel that these levels of reserves are essential to enable the Charity to continue to provide its activities for the foreseeable future. The Reserves Policy is an integral part of the charity's planning, budget and forecasts.

Financial Results

At the end of the financial year the company has assets of £272,245 (2024 - £253,312) and liabilities of £6,069 (2024 - £6,385). The net assets of the company have increased by £19,249.

Reference and Administrative details

Appointment of acting Trustees / Directors

As described in the Articles of Association a new director may be eligible for appointment if 21 days before the annual general meeting, written notice is deposited with the registered office of the intended proposal, signed by a member and signed by the person being proposed, so as to indicate his / her willingness to be elected.

Trustee Induction and Training

New trustees 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 recent financial performance of the charity. Trustees are encouraged to view the Charities Commission website so as to gain a full 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: Training of Volunteers from the area of benefit. Education of people from the area of benefit-as to-their-rights in relation to those areas of NI legislation which directly affects them. People from the area of benefit will not suffer through a lack of knowledge or an inability to express themselves. These benefits will be evidenced through: The number of volunteers trained each year Feedback from clients who use our services 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 income of all clients who are in need. Reducing the levels of stress and anxiety of those in the area of benefit. Providing quality advice to thosein ill health. Providing a signposting service to specialist organisations for those needing them. Providing quality advice to all those in the area of benefit who are in distress due to the impact of NI legislation. These benefits will be evidenced by: Amount of yearly benefit maximisation 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 does not give rise to any harm. 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 to poverty sickness and distress. Reducing the levels of stress and anxiety of those in the area of benefit. Providing quality advice on managing debt and claiming welfare benefits, tax relief and other practical support to those in poverty, ill health and distress. Helping

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Community Advice Armagh Banbridge & Craigavon Limited

(A company limited by guarantee, not having a share capital)

TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 March 2025

clients overcome fuel and food poverty. 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 to the impact of NI legislation. These benefits will be evidenced by: the amount of yearly income generated for clients recorded by Craigavon District 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 service and other stakeholders. This purpose does not give rise to any harm. The beneficiaries of these purposes are those 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, Finance, 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 to 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 settings. These benefits are incidental and necessary to ensure the benefit is provided to our beneficiaries.

Trustees

The trustees who served throughout the financial year, except as noted, were as follows:

Martin Brian Stevenson Kieran Gerard McGeough Hazel Ruth Craig Nicola Lorraine Cinnamond Adrian James McParland

In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election.

Compliance with Sector-Wide Legislation and Standards

The company engages pro-actively with legislation, standards and codes which are developed for the sector. Community Advice Armagh Banbridge & Craigavon Limited subscribes to and is compliant with the following: - The Companies Act 2006 - The Charities SORP (FRS 102) Approved by the Board of Trustees on I iy, Gb. PSA and signed on its behalf by: Nicola Lorraine Cinnamond Kieran Gerard McGeough Trustee Trustee

6

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) STATEMENT OF TRUSTEES’ RESPONSIBILITIES

for the financial year ended 31 March 2025

The trustees, who are also directors of Community Advice Armagh Banbridge & Craigavon Limited for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance 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 income or expenditure of the company for that period.

In preparing these financial statements, the trustees are required to:

The trustees confirm that they have complied 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 transactions and disclose with reasonable accuracy at any time the financial position of the company and 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.

: / nbe ._ and signed on its behalf by:

Approved by the Board of Trustees on it

Nicola Lorraine Cinnamond Kieran Gerard McGeough Trustee Trustee

7

INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital)

Report on the audit of the financial statements

Opinion

We have audited the company financial statements of Community Advice Armagh Banbridge & Craigavon Limited (‘the company') for the financial year ended 31 March 2025 which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including the summary of significant accounting policies set out in note 2. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102.

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 company in accordance with 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 company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.

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 financial statements and our Auditor's Report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of 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 this gives rise to a material misstatement in the financial statements themselves. 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.

8

INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital)

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Annual Report.

Responsibilities of trustees for the financial statements

As explained more fully in the Statement of Trustees' Responsibilities set out on page 7, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the company'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 management either intends to liquidate the company or to cease operations, or has 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.

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: Further information regarding the scope of our responsibilities as auditor

9

INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital)

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

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

This report is made solely to the 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 company's members those matters we are required to state to them in an auditor's 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 company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Ruairi Maginn ( ior Statutory Auditor) for and on behdlf of

DALY PARK &(COMPANY LTD Chartered Accountants and Registered Auditors 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland

10

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) for the financial year ended 31 March 2025

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Incoming Resources
Voluntary Income 4.1 394,400 306,005 700,405 300,377 295,835 596,212
Investments 4.2 50 - 50 43 - 43
Total incoming resources 394,450 306,005 700,455 300,420 295,835 596,255
Resources Expended
Charitable activities 5.1 383,055 298,151 681,206 282,221 280,397 562,618
Net incoming/outgoing 11,395 7,854 19,249 18,199 15,438 33,637
resources before transfers
Gross transfers between 7,854 (7,854) - 47,104 (47,104) -
funds
Net movement in funds for 19,249 - 19,249 65,303 (31,666) 33,637
the financial year
Reconciliation of funds:
Total funds beginning of the 15 246,927 - 246,927 181,624 31,666 213,290
year
Total funds at the end of 266,176 - 266,176 246,927 - 246,927
theyear

The Statement 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 14 to 18 form part of the financial statements

11

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) Company Number: NI034750 BALANCE SHEET

as at 31 March 2025

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2025 2024
Fixed Assets Notes £ £
Tangible assets 10 8,049 8,269
Current Assets
Debtors 11 34,657 87,018
Cash at bank and in hand 12 229,539 158,025
264,196 245,043
Creditors: Amounts falling due within one year 13 (6,069) (6,385)
Net Current Assets 258,127 238,658
Total Assets less Current Liabilities 266,176 246,927
Funds
General fund (unrestricted) 266,176 246,927
Total funds 15 266,176 246,927
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These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.

The trustees confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities 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 otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approvedbehalf by by the Board of Trustees and authorised for issue on I} Pei Qn bts Ayyd

Peii Qn bts Ayyd and signed on its

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Nicola Lorraine Cinnamond
Trustee
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Kieran Gerard McGeough
Trustee .
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The notes on pages 14 to 18 form part of the financial statements

12

Community Advice Armagh Banbridge & Craigavon Limited STATEMENT OF CASH FLOWS

for the financial year ended 31 March 2025

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |Notes|£|e| |Cash|flows|from|operating|activities| |Net|movement|in|funds|19,249|33,637| |Adjustments|for:| |Depreciation|4,683|4,895| |Interest|receivable|and|similar|income|(50)|(43)| |23,882|38,489| |Movements|in|working|capital:| |Movement|in|debtors|52,361|(33,189)| |Movement|in|creditors|(316)|(11,436)| |Cash|generated|from/(used|in)|operations|75,927|(6,136)| |Cash|flows|from|investing|activities| |Interest|received|50|43| |Payments|to|acquire|tangible|assets|(4,463)|(7,207)| |Net|cash|used|in|investment|activities|(4,413)|(7,164)| |Net|increase/(decrease)|in|cash|and|cash|equivalents|71,514|(13,300)| |Cash|and|cash|equivalents|at|the|beginning|of the|year|158,025|171,325| |Cash|and|cash|equivalents|at|the|end|of the|year|12|229,539|158,025|

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Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

  1. GENERAL INFORMATION

Community Advice Armagh Banbridge & Craigavon Limited is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is Portadown Health & Care Centre, Tavanagh Avenue, Portadown, Craigavon, BT62 3BU, Northern Ireland which is also the principal place of business of the company The financial statements have been presented in Pound (£) which is also the functional currency of the company.

  1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements.

Basis of preparation

The financial statements have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "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".

As permitted by the Companies Act 2006, the company has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2025 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) "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".

Incoming Resources

Voluntary income or capital is included in the Statement of Financial Activities when the company is legally entitled to it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate receipt. Entitlement to legacies is considered established when the company has been notified of a distribution to be made by the executors. Income received in advance of due performance under a contract is accounted for as deferred income until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have been met. All other income is accounted for on an accruals basis.

Resources Expended

All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed to one category of activity are allocated or apportioned pro-rata to the staffing of the relevant service. Finance, HR, IT and administrative staff costs are directly attributable to individual activities by objective. Governance costs are those associated with constitutional and statutory requirements.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

Debtors

Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the company from government agencies and other co-funders, but not yet received at year end, is included in debtors.

Cash at bank and in hand

Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal.

14

continued

Community (A company limited Adviceby guarantee, Armaghnot havingBanbridgea share capital) & Craigavon Limited NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025

Taxation

No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred.

The company is a charitable company with all surpluses used for charitable purposes. For this reason exemption from corporation tax has been received from HM Revenue & Customs.

x FF SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY The preparation of the financial statements requires management to make judgements, estimates and assumptions that reflect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectation of future events that are believed to be reasonable under the circumstances.

4. INCOME
4.1 DONATIONSAND LEGACIES Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £
ABC Council
SH &SCT
Welfare Reform Support
Macmillan Cancer Support
Department for Communities
CA Training& CANI
Advice NI
Pensionwise
Spring Clean Your Finances		 313,211
45,513
13,333
-
1,500
9,684
9,418
1,741
-		 15,750
-
118,733
98,930
-
-
72,592
-
-		 328,961
45,513
132,066
98,930
1,500
9,684
82,010
1,741
-		 289,387
36,697
110,320
79,294
-
-
69,071
4,350
7,093
394,400 306,005 700,405 596,212
4.2 INVESTMENTS Unrestricted Restricted 2025 2024
Funds Funds
£ es £ £
Bank Interest 50 - 50 43
5. EXPENDITURE
5.1 CHARITABLE ACTIVITIES Direct
Costs		 Other
Costs		 Support
Costs		 2025 2024
£ £ £ rE £
Charitable Activities - 600,884 80,322 681,206 562,618
5.2 SUPPORTCOSTS Charitable 2025 2024
Activities
£ E 2
Legal& Professional Costs
Premises & Office Costs
OtherCosts
Accountancy		 7,393
67,404
1,061
4,464		 7,393
67,404
1,061
4,464		 10,267
82,223
3,752
900
80,322 80,322 97,142

aT

continued

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

6. ANALYSIS OF SUPPORT COSTS
2025 2024
£ £
Legal&ProfessionalCosts 7,393 10,267
Premises & Office Costs
Other Costs
Accountancy		 67,404
1,061
4,464		 82,223
3,752
900
80,322 97,142
% NET INCOMING RESOURCES 2025 2024
£ £
Net Incoming Resources are stated after charging/(crediting):
Depreciation oftangible assets 4,683 4,895
8. INVESTMENTAND OTHER INCOME 2025 2024
£ £
Bank interest 50 43
9. EMPLOYEESANDREMUNERATION

Number of employees

The average number of persons employed (including executive trustees) during the financial year was as follows:

2025 2024
Number Number
Employee 15 15
The staff costs comprise: 2025 2024
£ E
Wages and salaries
Social security costs		 526,207
38,556		 422,042
29,139
Pension costs 13,555 9,400
578,318 460,581

16

continued

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

  1. TANGIBLE FIXED ASSETS

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||||||||| |---|---|---|---|---|---|---|---| |Fixtures,|Total| |fittings|and| |equipment| |£|£| |Cost| |At|1|April|2024|109,164|109,164| |Additions|4,463|4,463| |At|31|March|2025|113,627|113,627| |Depreciation| |At|1|April|2024|100,895|100,895| |Charge|for|the|financial|year|4,683|4,683| |At|31|March|2025|105,578|105,578| |Net|book|value| |At|31|March|2025|8,049|8,049| |At|31|March|2024|8,269|8,269| |14,|DEBTORS|2025|2024| |£|£| |Prepayments|and|accrued|income|34,657|87,018| |12.|CASH AND|CASH|EQUIVALENTS|2025|2024| |£|£| |Cash|and|bank|balances|226,528|155,064| |Cash|equivalents|3,011|2,961| |229,539|158,025| |13.|CREDITORS|2025|2024| |Amounts|falling|due|within|one|year|£|£| |Taxation|and|social|security|costs|5,169|4,146| |Accruals|and|deferred|income|900|2,239| |6,069|6,385| |14.|RESERVES| |2025|2024| |£|£| |At|the|beginning|of the|year|246,927|213,290| |Surplus|for the|financial|year|19,249|33,637| |At|the|end|of the|year|266,176|246,927|

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continued

Community Advice Armagh Banbridge & Craigavon Limited (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025

15. FUNDS
15.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Total
Funds Funds
£ £
At 1 April 2023 181,624 213,290
Movement during the financial year 65,303 33,637
At 31 March 2024 246,927 246,927
Movement during the financial year 19,249 19,249
At 31 March 2025 266,176 266,176
15.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance Income Expenditure Transfers Balance
1 April between 31 March
2024 funds 2025
£ £ £ £ £
Macmillan Cancer Support - 98,930 81,539 (17,391) -
Welfare Reform Support - 118,733 132,064 13,331 -
Advice NI - 72,592 68,798 (3,794) -
ABC Council (Rents in Lieu) - 15,750 15,750 - -
- 306,005 298,151 (7,854) -
Unrestricted funds
General Funds 246,927 394,450 383,055 7,854 266,176
Totalfunds 246,927 700,455 681,206 - 266,176
  1. STATUS

The company is limited by guarantee not having a share capital.

The liability of the members is limited.

Every member of the company undertakes to contribute to the assets of the company in the event of its 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 winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1.

  1. INDEPENDENT AUDITOR'S REMUNERATION

The independent auditor's remuneration amounts to an independent audit fee of £2,400 (2024 £2,400). An amount of £100 was also paid to Daly Park & Company Ltd for the completion and filing of the charity's Confirmation statement with Companies House during the current financial year.

  1. TRUSTEE REMUNERATION

The trustees did not receive nor did they waive any remuneration during the current financial year. (2024 - Enil). A company, in which one of the trustees is materially interested in as both a directors and shareholder, provided professional services in relation to payroll bureau services to the charity during the current financial year and was paid £2,040 (2024 - £1,440).

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