Charlty Number.. NIC101709 f• MOIRA g FRIENDSHIP K• GROUP Moira Friendship Group Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2023 Daly Park & Company Ltd Chartered Accountants 4 Carnegle Street Lurgan Co. Amiagh BT66 6AS Northern Ireland
Moira Friendship Group CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet 10 Notes to the Financial Ststements
Moira Friendship Group REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Wlliam Dillon Sam L¢ughrey (Resigned 3 May 20221 Muriel Mecluggage Helen Mccleary Sally Bruce {Resigned 3 May 20221 Judith Searle Tom Mackey Liz Titteringlon Pat Douglas Yvonne McKinley Tom Mason Janel Gamble Phyllis Ervine IAppoinled 3 May 2022} Charity Number in Northern Ireland NIC101709 Company Number NIC101709 Principal Address Main Street Moira Craigavon Co. Arrnagh BT67 OLQ Northern Ireland Independent Examiner Daly Park & Company Ltd Chartered Accountants 4 Carnegie Street Lurgan Co. Amiagh BT66 6AS Northern Ireland
Moira Friendship Group TRUSTEES. REPORT for the financial year ended 31 March 2023 The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 March 2023. The financial statements are prepared in accordance with the Charities Act {Northern Ireland) 2008. 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 IFRS 1021. The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practi {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 boar¢J of trustees. In this report the trustees of Moira Friendship Group present a summary of its purpose. govemance. activities, achievements and finances for the financial year 31 March 2023. The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Charities Act {Northern llelandl 2008 and, 81though not obliged to comply with the Slalement of Recommended Praeliee (Charities SORP effective January 20151, the organisation has implemented ils recommendations where relevant in these financial slalements. AGM Chairperson's Report 2022- 2023 The Moira Friendship Group IMFG) has been operating for 20 years. We are a non-denominational group. all are welcome lo join. and to take part in our many activities. Our current membership is 269. Pre-covid this wa5 320, but we know that some people are still wary of the virus, as it is evolving loo. We hope that the vaccination program for older people has benefilled all who seek inoculation. All are welcome back, and we hope to increase our membership as lime passes. The MFG first came lo the attention of my wife and I when we saw a banner advertising an MFG sale in the church hall. We were inclined to enrol as we thought that il would be a good way to meet the locals. We were impressed by the welcome we received and have mentioned this lo anyone who is seekin9 to contribute to the community. AIEPIDSHIP GAOU MOIRA FRIENOSHrp SROUP FRIENDSHIP . REGISTRATION NORNING 1.111sgillj !
Moira Friendship Group TRUSTEES. REPORT for the financial year ended 31 March 2023 Activities And Events Our list of activities is always open to new suggestions, though the costs have risen steeply. in common with most things today. Our adminislralion team are always available to discuss any new aclivilies. and we welcome any suggestions. Not all can be accommodated but we are alway$ looking for new things to try. We have recently gained some new blood as Paul King has agreed to continue with the art classes. Speaking to some of the people who have joined Paul's group, the generous comments and engagement are very encouraging - and the feedback has been very positive. and life affirming. l earlier mentioned the membership, the sense of community. and the personal experience of myself. and my wife has provided us both with a large group of new acquaintances and friends. I look fomard lo welcoming new members as part of our continuing enrolment. and l encourage you to try thing5 that are on offer, even if il may seem lo be on a different agenda lo that which you are used to. Our most successful events encourage members lo be active. For example, walking groups. and keep fil for ladies and gentlemen are popular. so il is always possible lo expand your horvzons by trying something new. Finance One of the benefits of our longevity as a community group is that we have a tested operational experience and are rinancially sound. This is an Inheritan of our founding members and is continued by our honorary office bearers. husbanding our finances and in the existence of a very active management Committee. on more I would encourage you all lo consider if you have any skill$ or spe¢ialised kn¢)wledge that Id benefit the whole group. l am pleased to report lo you that (Jespite the huge increase in costs we continue to plan weekends away. Vve continue to benefit through our relationships with other fund awarding b¢xlies. However. in common with all groups like ours there is a serious problem caused by the inability of our elected representatives and others to finally sit down and hammer out an agreement that will benefit everyone in Nl, and relationships with fund awarding bodies. Volunteersl Facilitators We are lud(y with our friends - and I musl add a huge thank you to our adrninislralive staff who keep their fingers on the pulse of our daily activities. l also musl include my personal thanks lo everyone who is already serving on the Management Committee. They make my job so much easier. l also musl mention our friends and conlribulors who have helped us to gain access to external funding. Although al present the augury does not fill me with joy. we can do no more than what we already do and eonlinue to expand and encourage you as members lo continue lo make suggestions for other activities. I cannot let this occasion pass wilhoul commending our tW(admIn staff. Alison and Julie. They make a good team, and we are very lucky lo have them 'minding the shop.. Wilhoul them my job would be immeasurably rnore diffieult.. with them in post il is a formality.
Moira Friendship Group TRUSTEES, REPORT for the financial year ended 31 March 2023 Conclu510ll Finally, I concludg by thanking all the current Management Committee, and l encourage you all to offer your talents to thè continuing smooth operation of MFG. And lastly, I tnu5t make a special mention of our retiring long term 5e¢reiary Helen Mccleary. She has been a mernber of the ba¢kroom team lor over 17 years. We wish her well for the future, and hope that she will continue to drop in lo see us when lime permits. Re5uIIs At the end of the financial y8ar the charity has assels of £57,995 12022 - £60.416} and liabilitie5 01 £3.98412022 £1,226). The net assets of the charity have decreased by £15.1791. Reserves Policy The existing Resèrvés Policy was £60,000 8nd we are happy lo have reached the largel r&sèNe figure. This level of reserves is necessary io cover 6 months ol running ¢osls 1£25,QOOI. annual room hire costs1£15,0001. £18,000 for grants not being renewed and £2.000 for replacement ol equipment. The Trustees feel that thls level ol Reserves Policy is an integral part of the charity's planning, budgèt and forecasts. Publ1¢ Benefit statemènt The b&nefils that flow from our purpose are.. 111 advancing education. older people will be better able to cope with th9 challenges of ageing and modern life. 121 the relief of Poverty among older people include. a reduction of financial and emotional distres5. a higher quality of life and increased confidence in dealing with financial issues. 131 from promoting the preservation and protection of health are a greater sense of wellbeing older people and a Toduclion in social i501alion through greater involveTrenl in various aclivilies. 141 from improving the benefit of older people is an improvement in their overall quality of life. 151 flow from providin9 facilities include, enabling the group to run our aclivib'es. encoutyging older people lo inleracl socially and provlde a safe and wmfortable environment. 161 from raising awareness among the general public will be an incrèased appreciaiion of the positive roles older people play, a reduction of apathy or hostility lowards older people and to inGrease awareness of the process of ageing and ils attendant problems. Th858 benefits are and will be d&monstrated through surveys of salisfacb'on al the end of any course, increased attendance at relevant meetings and advice and guidance sought by members. The Charity's beneficiaries are Older people living in Moira and Ihfj svrroun¢Jing areas. Compllancg wlth Se¢tor-Wide Legislation and Standards The charity engages pro-actively with legis121ion, standards and codes which are developed for the sector. Moira Friendship Group subscribes lo and is compliant with the following.. The Charities SORP IFRS 1021 Approved by th• Board of Trustees on 09lh May 2023 and Signed on its behalf by: Muriel McCluggag¢ Trustee Tom Mason Trustee
Moira Friendship Group STATEMENT OF TRUSTEES. RESPONSIBILITIES for ihe financial year endod 31 March 2023 The Irustees are responsible for preparing the finen¢ial ststements in accordance with applicable law and regulations. The law applic8bl& lo charitie5 in Northern Ireland requires th8 Iruslees lo prgpare financial statements lor each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as al the financial year end date and of the surplus or deficit of the Charity and olhenvise comply wilh the Charities Act (Northern Ireland) 2008. In preparing these financial slalements. the trustees are required lo= select suitable accounling polÈcies and apply them consistently.. observe the methods and principles in the Charities SORP make judgements and estimales that are reasonable and prudent., slate whether the financial statements have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the reasons fDr any malerial departure from thos& standards,. and prepare the financial statèments on the going concern basis unless il is inappropriale lo presume that the charity will continue in operation. The trustees confinn that they have cornplied with the above requirements in preparing the financial stalemenls. The Iruslees ara rèsponsible for keeping adequate accoullling records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial position of Ihe charity and enable them to ensure thal the financial slalemenls comp5y with the Charities Act (Northern Ireland) 2008. They are also responsible lor safeguarding the assets of the charity and hgnce for taking reasonable steps for the prevention and delEGlion of fraud and Other irregularities. Approved by the Board of Trustees on 09th May 2023 and signad on its behalf by.. Murièl Mecluggage Trustee Tom Mason Tru$tO0
Moira Friendship Group INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF MOIRA FRIENDSHIP GROUP We have examined the financial statements of the charity for the financial year ended 31 March 2023, which comprise the Slalement of Financial Aclivilies. the Balance Sheet and the related notes. Respectlve responslbllitles of trusteos and gxaminer The charity's trustees are responsible for the preparation of the financial ststemenls in accordance with the requirements of the Charities Act {Northern Ireland} 2008. The charity's trustees consider that an audit is not required for this financial year undeT the Charities Act (Northem Ireland) 2008 and that an independent examination is required. It is our responsibility to.. examine the financial statements under section 65 of the Charities Act., follow the procedures laid down by the general Directions given by the Charity Commission for Northern Iland under section 65{91{b} of the Charities Act., and slate whether particular matters have come lo our attention. Basis of independent gxaminer's report We have examined your charity financial statements as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial slalements presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The prOdureS 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 'true and fairf view and the report is limited to those matters set out in the statement below. In conneelion with our examination, no matter has come to OLtr attention which gives us cause lo believe that in, any material respect.. accounting records were not kept in accordance with section 63 of the Charities Act the finaneial statements do not accord with those accounting records the financial statements have not been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standaid applicable in the UK and Republic of Ireland IFRS1021 there is further infomation needed for a proper understanding of the accounts lo be reached. Independent examiner's statement We have no COnrn$ and have come across no other matters in eonnection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the financial slalements to be reached. ARK&C Cha red Accountants 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland NY LTD Date.. 09th May 2023
Moira Friendship Group STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2023 Unrestricted Restrlcted Funds Funds 2023 2023 Total Unreslricled Restricted Funds Funds 2022 2022 Total 2023 2022 Notgs Incoming Resources Voluntary Ineome Investments 52,282 165 17,365 69,647 165 20,185 11,129 31.314 Totsl in¢oming rgsources 52,447 17,365 69,812 20,185 11,129 31.314 Resources Expended Charitable activities 66,032 8.959 74,991 21,850 11,129 32,979 Net incorningloutgoing resources before transfers Gross transfers beeen funds {13,585) 8,406 15.179} 11.665) 11.6651 Net movement in funds for the financial year 113,585) 8.406 15,179) 11.6651 11.6651 Reconciliation of funds Balantss brought forward at 1 April 2022 14 59.190 59,190 60,855 60,855 Balan¢9s carried forward at 31 March 2023 45,605 8.406 54.011 59,190 59.190 The Slalement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to eonlinuing aclivilies. The notes on pages 11 to 14 fomi part of the financial statements
Moira Friendship Group BALANCE SHEET as at 31 March 2023 2023 2022 Notes Current Assets Debtors Cash al b8nk and in hand 10 930 57.065 60,416 57,995 60,416 Creditors: Amounts falling dua wilhin one year 11 13,9841 11,2261 Nat Current Assets 54,011 59.190 Total Ass8ts1è5s Current Liabilitl•s 54,011 59.190 Fund5 Restricted trust fvnds General fund lunreslrictedl 8.406 45.605 59,190 Total funds 14 54,011 59.190 Approved by the Board of Trustees and authorlsed for issue on 09th May 2023 and signèd on its behalf by Muriel Mcclugyage Trustee Tom Mason Trustee The notes on pag8s 1110 14 form part of the financial statèments 10
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFORMATION Moira Friendship Group is a charity incorporated in Northern Ireland. The registered office of the charity is Clo St. John's Parish, Moira, Craigavon. Co. Amagh. BT67 OLQ, Northern Ireland which is also the principal place of business of the Charity- The financial slalements have been presented in Pound Sterling 1£) which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items whi¢h are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going conr basis under the historical cost convention. modified to include certain items al fair value. The financial slalements have been prepared in accordan with the Statement of Recommended Pract¢ce ISORPI "Aceounling 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 ¢harity has varied the standard formats in that act for the statement of Financial Activities and the Balan Sheet. Departures from the standard formals are to 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 complianee The financial stslements of the charity for the financial year ended 31 March 2023 have been prepared on the going concern basis and in accordan with the Statement of Recommended Practi {SORP} "Accounting and Reporting by Charities preparing their accounts in accordance with the FinancTal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20151" and FRS 102 "The Financial Reposting Standard applicable in the UK and Republic of Ireland. Incoming Resources Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income. performance conditions allached to the ilemlsl of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity. 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. Debtors Debtors are reeognised at 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 charity from government agencies and other co-funders, bul not yel recerved at year end, is included in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposlt at banks requiring less than three months, notice of withdrawal. Taxatlon No current or deferred taxation arises as the charity has been granted chaiitable exemption. Irrecoverable valued added tax is expensed as incurred. OTHER In common with many other charitable companies of our size an¢J nature. we use our indep8ndenl examiners to assist with the preparation of the financial statements. INCOME DONATIONS AND LEGACIES Unrestrlcted Restricted Funds Funds 2023 2022 Voluntary Income 52.282 17,365 69,647 31.314 11
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 INVESTMENTS Unrestrlcted Restricted Funds Funds 2023 2022 Investments 165 165 EXPENDITURE CHARITABLE ACTIVITIES Support Co$ts 2023 2022 Charitable activities 74,991 74.991 32,979 SUPPORT COSTS Charitable Activities 2023 2022 Functions & Catering Outings & Residencies Tutor & other professional eharges Premises costs Finance, accounts and legal costs Salaries. wages and related costs Promotion & Marketing Materials and other project costs 11,080 20.841 9.891 13.203 1.651 16,919 931 475 11,080 20,841 9.891 13,203 1,651 16.919 931 475 3.068 89 6.629 5,476 1.445 13.230 300 2.742 74.991 74.991 32,979 ANALYSIS OF SUPPORT COSTS 2023 2022 Functions & Catering Outings & Residencies Tutor & other professional charges Premises costs Finance. accounts and legal eosls Salaries,wages and related costs Promotion & Marketing Materials and other project costs 11.080 20.841 9,891 13,203 1,651 16.919 931 475 3,068 89 6,629 5,476 1,445 13,230 300 2,742 74.991 32.979 NET INCOMING RESOURCES 2023 2022 Net Incomlng Resources are stated after chargingl{¢rediting): JRS Grants received 12.0741 INVESTMENT AND OTHER INCOME 2023 2022 JRS Grants Bank interest 2,074 165 165 2,074 12
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive trustees) during the financial year was as follows.. 2023 Number 2022 Number Employees The staff costs eomprise.. 2023 2022 Wages and salaries Pension costs 16,263 656 12.707 523 16.919 13,230 10. DEBTORS 2023 2022 Prepayments and accrued income 930 11. CREDITORS Amounts falling due within one year 2023 2022 Bank loan Taxation and social security costs (Note 12} Accruals and deferred income 519 39 668 128 3.856 3,984 1,226 12. TAXATION AND SOCIAL SECURITY 2023 2022 Creditors.. PAYE I NI 128 39 13. RESERVES 2023 2022 At 1 April 2022 Deficit for the finanrial year 59.190 15.1791 60.855 {1.665) Al 31 March 2023 54,011 59,190 13
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Total Funds Al 1 April 2021 Movement during the financial year 60.855 11.665} 60.855 11,6651 At 31 Mar¢h 2022 Movement during the financial year 59,190 113,585) 59,190 15.179} 8.406 At 31 Mah 2023 45,605 8,406 54.011 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2022 Income Expenditure Transfers bgtsveen funds Balance 31 March 2023 Restrictsd funds Lisburn City Council LCCC Grant Choi LCCC Hardship Fund Lottery Awards for All 4,565 1.000 1.800 10,000 4.565 1.000 1.345 2,049 455 7.951 17.365 8.959 8,406 Unrestricted funds Designated- 20th Anniversary Unreslricled General 10,000 49.190 3,105 49,342 8,837 57.195 {4.2681 4.268 45,605 59.190 52,447 166.032} 45,605 Total funds 59.190 69.812 74.991 54,011 14.3 ANALYSIS OF NET ASSETS BY FUND Current assets Current Ilabilitles Total Unreslricled general funds 57,995 {3.9841 54.011 57.995 13,984) 54,011 15. POST-BALANCE SHEEf EVENTS There have been no significant events affe¢ling the Charity since the financial year*nd. 14