Comp9ny Regiskntion No:IY1039355 Cllnamh (A eompany Ilmlted by guarnntee) Aecounts ror the year ended 31 Mareh 2024
Cunamh (A eompaDy limited by guarnntee) Contents Page Inforniation Directors Report Independent Examinees Report ststement of Financial Activities Balance sheet Notes to the accounts
Cunamh (A company limited by guarantee) Inforniaiion Dlreetors Charles Cohn Mcmenamin Niall O Somachain Patricia Anne Murphy Hany Anthony Crossan Seamus Soal Anne Patricia McMonagJe (Resigned 6th April 2023) Anthony Brown (Appointed 6th April 2023) Michael Dennis Doyle (Appointed 26th July 2023) Seeretsry Charles Colm Mcmenamin Aceountsnts McGroarty Mccafferty & Company Ltd Accountants & Tax CoLsultants 2 Carlisle Terrace BT48 6JX Registered 171 Sunbeam Terrace Bishop Street Derry N ]Teland BT48 6UJ Bankerd Bank of treland 27 Culmore Road Ikrry BT48 8JB Page I
Cun2mh (A company Ilmlted by guarantee) Cun2mh Report of The Management Committee The manag¢ment Committee present their report and the fall¢la1 statements for the year ended 31 March 2024. Principal activlty Cunamh was established in J 997 as a community led m¢ntal health projecL The organisation emerged from the opportunity created in 1994 as a result of the IRA ceasef¢ and subsequent political and social developments. This created a new environment and space in which for the first titne individuals could commence a process of reflection.exploration and community growth. Th¢ Tationale underpinning th¢ d¢velopment of the project was that the peace building proc needed to cater for th¢ emotional and psychological in)paGL which the conflict had upon people's health and well bein& Cunamh provides a number of services and projects including:Supportive Listening)CouDsellin& Adcocacy> Relaxation and Stress Elimination, Creative Rememberin& Dr8rna Theraphy and Essential Living Skills Training. Company Number N1039355 Chgrfty Number XR25406 NIC101682 Objectives alld activfitles The charity aims to undertake and develop research in past traumatic stress and provide inforniation and training to local communities, families and individuals on the effects of such stress. The charity also provides individuals with space to explore and understand their feelings in relation to past traumatic experienc¢s. The charity a0 provides individuals with a supportive and safe environment in which they can maximise and actively negotiate various routes for change in the development of their lives and community. Management Committee The dirtorS of the Gharity for the purposes of charity law and throughout this r¢port are colleGtiv¢ly r¢ferred to as the directors. The directors serving during the year and since the year end We as follows: Niall O'somachain Patr(cia Anne Murphy Charles Colm Mc Menamin (Secretary) Hany Anthony Crossan Seamus Soal Anne Patricia Mcmonagle (Res1cd 6th April 2023) Anthony Brown (Appointed 6th April 2023) Michael Dennis Doyle (Appointed 26th July 2023) Page 2
Cunamh (A company lfimlted by guarantee) Risk Management The directors have &ssessed the major risks to whAcb the company is expo in particular those related to the operdtions and finances of the Company, and are satisfied that systems are in place to mitigate the exposure to the major risks. Financial Review Th¢ financial perf0MCe is summaTised in the enclosed ac£ount& Plans for Future Peiiods The Company plans to ¢ontinue the activities as outliDed alx)ve in the forthcoming years SUbjt to satisfactory funding arrangements. Directors Re8ponsibiliti¢s The directors are required to prepare fllwjcial slatements for that give a true and fair view of the state of the affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the directors are required to: - select suitable accounting policies and appty them Gonsist¢ntl -observe the methods and principles in the Charities SORP (FRS102) - make judgements and estim that are reasonable and prudenL -state whether applicabl¢ UK A¢UntIng Standards have beffl followrf subject to any material departures disclosed and ¢xplained in the f]nancial statements - prepare the financial statements on the going con¢¢rn b&sis unless it is inappropriats to presume that the charity will continue in l)usine&s. The directors are responsible for maintsining proper accounting records which disclose with r¢asonabJe accuracy at any time the finanGia] position of the Charity and enables them to ¢llSUTe that the fuM¢ial statsments cornply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the charity and hence for taking re&wnable steps for the prevention and detection of fraud and other irregularities. This report is prepared in accordance with special provisions of part 15 of the Companies Act 2006 relating to small companies. Accountants A resolution proposing McGroarty Mccafferty & Company Ltd b¢ re•appointed as accountants of the company will be put to the annual general meetin& The Financial Statements w¢r¢ approved &id authorised for i&sue by the Board on 14 May 2024 and sign¢d on its behalf by". Director Director Page 3
Cunamh (A MpanY Ilmlted by guarantee) Independent examiner's report on the unaudlted finanelal slatements to the directors of Cunamh We report on the accounts of the cornpany for the year ended 31 March 2024, which are set out on pages 5 to l2. Respecllve responslbuities of Charity directors and examiner. As the charity directors you are responsible for the preparation of the accounts in accordance with the rcquiretnents of the Companies Act 2006. Having satisfi¢d ourselves that the charity is not subject to audit under company law. and is eligible for independent examinatioo. it is our responsibility to: - examine the accounts under section 65 of the Charities Act 2008; - follow thc procedures laid down in the Eeneral directions gtven by the Clwity Commission for Northern Ireland under section 65(9)(b) of the Charities Act 2008. - state whether particular matters have come to our attention. Basis of Independent examlner's report We have examin¢d your charity accounts as Tequired under s¢Gtion 65 of th¢ Chariti¢s Act and ow examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of th¢ Chariti¢s Act. The examination included a revicw of the a¢wunting records kept by the charity and a ¢omparAson of the accounts psented with those records. It also included a consideration of any unusual items or disclosure5 in the accounts, and seeking explanations from you a5 charity directors concerning any such matters. Our role is to state whether any material matters have WAne to our attention givlng us cause to believe: - that accounting r¢cords w¢r¢ not kept in aGcordanc¢ with seKtion 386 of th¢ Companies Act 2006. - that the aGGounts do not cOrd with those cOunting rOrdS. - that th¢ aoUnts do not con]ply with the acGounting quireMents of the Section 396 of the Comp]]eS Act 2006 and the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland; - that there is further inforn]ation needed for proper understandin& ndependent examlner s ststement We hav¢ completed our examination and have no concerns in respect of the matters listed above and. in connection with following the directions of the Lharity Commission for Nothern treland, we have found no matters that require drawing to your attention. MeGroarty Mccafferty & CompAny Ltd Accountallts & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Date: 14 May 2024 Page 4
Cunamh (A company Ilmlted by guarantee) Statement ofFlnanefal ActfvSth8 for the year ended 31 MArch 2024 UDre8tiieted Reslrfcted Funds Funds 2024 2023 Ineome and Expenditsre Incomfing Regoureeg Grants Received Sundry In¢om¢ & Donatio 51.799 2,965 244.854 296,653 2,965 248,433 775 Total Incomlng Re4our¢es 54,764 244.854 299,618 249,208 Resources Expended Direct Charitable Expenditure Management & Administration 40.787 700 222.362 24.860 263,149 25.560 232,515 20,527 Total ResouNes Expended 41.487 247.222 288.709 253,042 Net Ineomlng l (Outgolng) Resourc&¥ 13,277 (1368) 10,909 (3,834) Balances brought forward l April 2023 20,073 6.967 27.040 30,874 Balan¢es Carried foThvard 31 March 2024 11. 33J50 4.599 37,949 27.040 Th¢ above amounts retate to LM)ntinuing operntions of the company. The rA>mpany has no recognised gains and losses other than those included in the results above and therefore no separate statement of total recognised gains and losscs has been presented. There is no difference bettyeen the net incoming resources for the )rar stated above and their histori Cost equivalents. Page S
CuDamb (A eompany Ilmlted by guarantse) Balance sheet as at 31 March 2024 2024 2023 Notes Flxed Tangible assets 8.158 9.379 Cunrnt assets Debtors Cash at bank and in hand 15256 31.053 3,006 31.124 46J09 34.130 Current IIAbllltle8 Creditors Other creditors Accruals and deferrnls 881 5,859 9,778 1,738 4,816 9,915 10. 16.518 16,469 Net Current a&sets 29.791 17.661 Totsl asyets lem eun*nt Ilabllltles 37.949 27,040 In¢ome Funds Unrestricted Restricted 33J50 4.599 20,073 6.967 37.949 27.040 The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small Companies. The members hav¢ not requir the company to obtsin an audit in accordanLY with se¢tion 476 of the Companies Act 2006. The direGtors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts. These OUnts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP. The Financial Statements were approved and authorised for i&¥ue by the Board on 14 May 2024 and Sied on its behalf by Director Date: 14th May 2024 Dats: 14th May 2024 P4e6
CuDamh (A Company Ilmited by Euarnntee) Notes to the aceounts for Ihe year ended 31 Mareh 2024 Genernl Informatlon The company is a private wmpany limited by guarnatee, registered in Northern treland. The address of the registered office 18 171 Sunbeam Terrnce, Bishop StreeL Derry, BT48 6UJ. 1.1. Ststsment of compllaDce The financial statements have l*en prepared in aCrdan with A¢¢ounling and Reporting by Charities: Ststement of ReLX>mmended Practice applicable to charities pr¢paring th¢ir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Charities SORP 2019 (FRS 102), and the Companies Act 2006. 12. Tangfibk fixed a&ts And depreelfitlon Tangible fed &wts arc stated at cost le&8 depreciation. Depreciation is provided at rat&8 calculated to write off the cost or valuation lass ttsidual vue of each &sset over its expected useful lifr, follows: Equipment 15% Strnight Line Ineome (i) Grants Grants represents all amounts received and ree¢ivabl¢ during th¢ year. Capital grants are released to the profit and loss account in the year in which they are re¢¢ived in line with the SORP 2019 (FRS 102). Revenue grants ar¢ credited to the Statem¢nt of Financial Activities in the year they arn received. (li) I)onations & administrntion income. This comprises amounts recxived during the year. Expenditure (i) Direct Charitable Expenditure This represents all expenditure directly altributable to charitsble callqes. (li) Management & Administration This includes all other expenditure not d..rytty allocated above and a portion of the ovethe8d costs attributable to management and administration. Page 7
Cunamb (A company Ilmlted by guarantee) Notes to the acUllts for the year eDded 31 Mar¢h 2024 Income 2024 2023 RestricÉed ID¢ome VSS Gap Funding VSS Social Isolation VSS -TPDPS ViGtims & Survivors Service Nl Children ID Need HSE WHSCT 34.657 2,635 1540 195,344 9.678 30,995 184,715 10,722 19,031 2,970 244.854 248,433 Unrestricted Income Donations Other income HSE WHSCT 480 2,485 30,802 20.997 775 54.764 775 Total Income 299,618 249.208 (i) Restrieted Funds Funds received which are earniarked by the Funder for specific purposes. Such purp)ses are within the ov¢rall aims of the organisation. (li) Unrestricted Fund$ Funds which are expendable at the discretion of the company in furtherance of the aims of the charity. In addition funds may be held in order to fmance capital investment and working capital. Page 8
Cunamb (A company Ilmlted by guarantee) Notes to the Aeeounts for the year ended 31 March 2024 Resourcu Expended Unr£8tr1eted Funds Restricted Funds Totsl 2024 Tolal 2023 Direct Charitable Expenditure Salaries & Pension C(ts Complem¢ntary Therdpists Counselling Fees Clinical Supervisor Travel & Subsistence Programme Costs 31,798 200.712 13.590 232,510 13.590 6.835 2,110 2.770 5,334 l82.388 12,397 2,693 1,360 1,462 32,215 6,835 2.110 2.770 3,180 2.154 40.787 221362 263,149 232,515 MaDagem¢nt & Admlntstradon Rent & Savice Charges PosLPrint & Stationery Telephone & Internet Heat & Light Rates & Water Accountancy Fees Repairs.Maintenance & Cleaning 4.800 2.770 3.050 1.656 561 1.645 453 1,710 253 1,964 3,491 4,800 2,770 3.050 1.656 561 1,645 453 1.710 253 1,964 3.491 700 2.507 4,400 997 J.813 2,563 485 1,584 1,061 1,263 480 Bank Fees & Interest Subscriptions Computer costs Sundries Depreciation 3.154 311 1416 700 2.507 700 24,860 25,560 20,527 Total Expenditure 41,487 247222 288,709 253,042 Net Incoming RluTce$ 2024 2023 Net incoming resources has been arriN'ed at after chargin& Ikpreciation 2,507 2.416 l)age 9
Cungmh (A MpanY Mmited by guarantse) Notes to the aeeounts for the year ended 31 March 2024 Employees 2024 2023 Salaries and peAsioDS 232,510 182,388 The average monthly numbers of employees during the year. calculated on the basis of full time equivalents, was &8 follows: 2024 F4umber 2023 Number 10 Taxatlon Cunamh is exempt from tax as it has clwitable status. Tangible ets Equipment Totsl Cost At l April 2023 Additions 19515 1.286 19.515 1286 At 31 March 2024 20.801 20,801 l)epreciatloll At l April 2023 Charge for the year At 31 March 2024 10,136 2.507 10.136 2,507 12,643 12,643 Net book values At 31 March 2024 8.158 8,158 At 31 March 2023 9.379 9.379 Psg¢ 10
Cunamh (A company Ilmlted by guarantee) Note8 to the for the year ended 31 March 21)24 Debtors 2024 Other debtors 15256 3,006 10. Credilors: amounts falling due withln one year 2024 2023 Other creditors Taxes and social security creditor Accnwls and deferred income 881 5.859 9,778 1.738 4.816 9,915 16,518 16,469 11. Movements in Funds At At l April Ineoming Oulgolng 31 March 2024 Restricled funds: Restricted funds 6967 244,854 (247.222) 6967 244,854 (247222) 4.599 Totsl restricted funds 4,599 Unrestricted fuDdJ: Genal funds 20,073 54.764 (41,487) 54.764 33J50 Total unrestricted funds 20.073 (41.487) 33.350 27.040 299.618 (28&709) 37,949 12. Related Party Transaello There are no material related party transactions in th¢ year under review. Page 11
Cunamh (A tompany Ilmtted by guarantee) Notes to the aeeounts for the year ended 31 March 2024 Llmlted by Guarantee The company 15 limited by guaralltse and does not hav¢ a share capitaL Page 12