AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds
2023
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
-tment income
other income
1,879
233,788
3,728
1,028
500
1,879
292,288
3,728
1,028
500
1,840
273.048
3,180
172
33
58,500
Total income
240.923
58.500
299.423
278,273
Expenditure
Expenditure on charitable activities
Total expenditure
10
(217.318)
(217,318)
(59,511) (276,829) (242,151)
(59,511) {276,829) 1242,151)
Net income and net movement in funds
23,605
(1.011)
22,594
36,122
Reconciliation of funds
Total funds brought forward
Total funds carried forward
150.701
1,011
151,712
115.590
174,306
174,306
151,712
The statement of finanGial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The note5 on page5 24 to 34 form part of these flnanclal staternents.
22

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
15
503
387
Current assets
Debtors
Cash at bank and in hand
16
4,983
175,889
346
154.690
180,872
155.036
Creditors: amounts falling due within one year
Net current assets
17
(7,069)
173,803
(3,711)
151,325
Total assets less current liabilities
174,306
151,712
Net assets
174,306
151,712
Fijnds of the charity
Restricted funds
Unrestricted funds
1,011
150,701
151,712
174,306
174,306
Total charity funds
21
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies. regime.
These financial statements were approved by the board of trustees and authorised for issue on 24
June 2024, and are signed on behalf of the board by:
ra
S Semple MBE
Trustee
The notes on pages 24 to 34 fom) part of these flnanclal statements.
23

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is 58a High Street, Holywood, BT18 9AE. Northern Ireland.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charities
8ORP (FR.8 10?)) and the Charities Act (Northern Ireland) 2008.
AIDS Care Education and Training (Northern Ireland) Limited meets the definition of a public
benefit entity under FRS 102.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The principal accounting policies adopted. judgements and key sources of estimation uncertainty
in the preparation of the financial statements are as follows-
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or
endowment funds.
24

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income=
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount Gan be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably. in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classifjed under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs an(J costs relating to the govemance of the charity apportioned to charltable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use ot the resource. L)Irect costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable. justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stateL1 at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
25

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements (eontinuedj
Year ended 31 March 2024
Accounting policies (continued)
Tangible assets (continuedj
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses. unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses.
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual
value, over the useful economic life of that asset as follows..
Fixtures and fittings
Equipment
20 % straight line
200/0 straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date. with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset. an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating untts that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are re￿iVed or receivable. Ijvhere
the grant does impose specified future perfonnan¢e-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a
26

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (conlinuedj
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction Costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value. unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the Statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairmpnt at thp p.nd nf p.2r.h rp.porting d2tp.. If thprp. is nbjpr.tivp. pvidencp of imp2irmpnt, 2n
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
oither assossod individu211y or grouped on tho basis of similar crodit risk characteristics.
Any reversals of impaiment are recognised immediately. to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the exient
that the prepayment wi15 lead to a reduction in future payments or a cash refund.
27

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (continued)
Defined contribution plans (continued)
Vvhen contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related seNice, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Limited by guarantee
Each of the members of the company has guaranteed to contribute to the assets of the company
in the event of the same being would up to the extent of £1.
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donations
Donations
1,879
1.879
1,840
1,840
Charitable activities
Unrestrlcted
Funds
Restrlcted Total Funds
Funds
2024
Department of Health
Department of Health Mental Health Fundl
Community Foundation
PHA Regional OCN Contract
PHA Regional RSE Contract
PHA Northern Area
PHA Southeast Area
PHA Western Area
PHA Southern Area
Western HSCT
Halifax Foundation
Other Training Revenue
20,648
20,648
54.000
54,000
87,440
109,100
3.760
3.760
3,760
3.760
87.440
109,100
3.760
3.760
3.760
3.760
4,500
4.500
1,560
1,560
233.788
58,500
292,288
28

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements (contsnuedj
Year ended 31 March 2024
Charitable activities (continued)
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Department of Health
Department of Health Mental Health Fundl
Community Foundation
PHA Regional OCN Contract
PHA Regional RSE Contract
PHA Northern Area
PHA Southeast Area
PHA Wg.stern Area
PHA Southern Area
Western HSCT
Halifax Foundation
Other Training Revenue
41,295
41,295
47.000
47,000
92.793
89.300
92.793
89.300
1.100
1,100
1,560
1,560
226.048
47.000
273.048
other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
KFC Youth Foundation
The Ardbarron Trust
Equipment rental
The Souter Foundation
2,500
1,000
228
2,500
1,000
228
1,000
180
2.000
1,000
180
2,000
3,728
3,728
3,180
3,180
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank Interest
1.028
1.028
172
172
Other income
UntestriGted Total Fuiids UniestriGted Total Fuiids
Funds
2024
Funds
2023
Sundry
500
500
33
33
29

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Ststements (confynued)
Year ended 31 March 2024
10. Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Health, Education & Training
Support costs
119,793
97,525
56,211
3,300
176,004
100,825
217,318
59,511
276,829
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Health, Education & Training
Support costs
101.283
94.879
45.989
147,272
94,879
242,151
196,162
45,989
11. Analysis of support GQSts
Health,
Education &
Training Total 2024 Total 2023
Staff GostS
General office
Governance costs
90.562
6,232
4,031
100,825
90,562
6,232
4,031
100.825
83,306
7,412
4,161
94,879
12. Net income
Net income is stated after chargingl{crediting)-
2024
2023
Depreciation of tangible fixed assets
Fees payable for the audit of the financial statements
423
3,509
316
3,615
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
Social security costs
Employer contributions to pension plans
Other employee benefits
66,193
1,448
21,924
997
65,316
1,798
15,195
997
90,562
83,306
The average head count of employees during the year was 2 (2023: 2).
30

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements (eontinued)
Year ended 31 March 2024
13. staff costs fcontinuedj
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for
planning, directing and controlling the activities of the charity. The total compensation paid to key
management personnel for services provided to the charity was £90.562 (2023..£83,306).
14. Trustee reinunerdtion and expen5e5
The Gharity trustees were not paid or re￿1Ve￿ aiiy vllier benefits from employment with the
Charity in the period {2023'. Nil). No charity trustee received payment for professional or other
services supplies to the charity (2023: Nil}.
The charity trustees were reimbursed travel expenses during the period totalling £98{2023'.
£476).
15. Tangible fixed assets
Fixtures and
fittings
Cquipment
Total
Cost
At 1 April 2023
Additions
8.080
14,276
539
22.356
539
At 31 March 2024
8,080
14,815
22,895
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
8,080
13,889
423
21,969
423
8,080
14,312
22,392
Carrying amount
At 31 March 2024
503
503
At 31 March 2023
387
387
16. Debtors
2024
2023
Prepayments and accrued income
Other debtors
3.154
1,829
4,983
76
270
346
31

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2024
17. Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
Other creditors
3,230
3,839
3.711
7,069
3,711
18. Deferred income
2024
2023
At 1 April 2023
Amount released to income
47.000
(47,000)
At 31 March 2024
19. PÈnsions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £21.924 (2023.. £15,195).
20. Government grants
The amounts recognised in the financial statements for government grants are as follows..
2024
2023
Recognised in creditors=
Deferred govemment grants due within one year
47,000
21. Analysis of charitable funds
Unrestricted funds
At
31 March 202
At
1 April 2023
Income Expenditure
General funds
150,701
240.923
(217,318)
174,306
At
31 March 202
At
1 April 2022
Income Expenditure
Geiieidl fuiid
115,590
231,273
(196.162)
150,701
32

AIDS Care Education and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2024
21. Analysis of charitable funds {contlnued)
Restricted funds
At
31 March 202
At
1 April 2023
Income Expenditure
Department of Health Mental Health
Fundl Community Foundation
Halifax Foundation
1.011
54,000
4,500
(55,011)
{4.500)
(59,511)
1,011
58,500
At
31 March 202
At
1 April 2022
Income Expenditure
Department of Health Mental Health
Fundl Community Foundation
Halifax Foundation
47,000
(45.98g)
1,011
47.000
{45,989)
1.011
22. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
503
180,872
(7,069)
174,306
503
180,872
(7,069)
174,306
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
387
155.036
(3,711)
151,712
387
155,036
(3,711)
151,712
23. Contingencies
A contingent liability exists to repay grants and funds received should certain conditions not be
fulfilled by the charity. In the opinion of the Trustees. the terms of the Letters of Offer have
boen, or will be, complied with and no liability is oxpected.
33

AIDS Care Educatlon and Training (Northern Ireland) Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
24. Corporation taxation
The Company is a registered charity, and as such is entitled to tax exemptions on income and
profits in furtherance of the charity's primary objectives.
25. Related parties
During the period, amounts totalling £35.142 (2023: £26,992) were paid to members of key
managements family for the delivery of ACET training sessions and expenses. These
transactions were based on related market rates and conducted at arm's length. The transactions
were approved by the Board of Trustees.
26. Ethical standards
In common with many other businesses of our size and nature we use our auditors to prepare
and submit returns to the tax authorities and assist with the preparation of the financial
statements.
34