Charity Number: NIC101709 f• MOIRA g FRIENDSHIP K• GROUP Moira Friendship Group Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2024 Daly Park & Company Ltd Chartered Accountsnts 4 Camegie Street Luryan Co. Aagh BT66 6AS
Moira Friendship Group CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examinels Report Statement of Financial Activities 10 Balance Sheet Notes to the Financial Statements 12-15
Moira Friendship Group REFERENCE AND ADMINISTRATIVE INFORMATION Trustees William Dillon Muriel Mccluggage Judith Searle Tom Mackey Liz Titteringion Pat Douglas Yvonne Mclfjnley Tom Mason Janet Gamble Phyllis Ervine Judith Dickson Fiona Holdsworth Charity Number in Northem Ireland NIC101709 Company Registration Number NIC101709 Principal Address Clo St. John's Parish Moira Craigavon Co. Armagh BT67 OLQ Northern Ireland Independent Examiner Daly Park & Company Ltd Chartered Accountants 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland
Moira Friendship Group The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 March 2024. 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 slatements 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 Stalement of Recommended Practice (SORP) guidelines. The trustees of the company are also charity trustees for the purpose of charily law and under the company's constilution are known as members of the board of trustees. In this report the trustees of Moira Friendship Group present a summary of its purpose, governance, adivities. achievements and finances for the financial financial year 31 March 2024. The charity is a registered charity and hen the report and results are presented in a fomi which complies with the requirements of the Charities Act (Northern Ireland) 2008 and. although not obliged to comply with the Statement of Recommended Practice (Charities SORP effective January 2015), the organisation has implemented its recommendations where relevant in these financtal statements. Mission. Objectives and Strategy ObjeiveS Moira Friendship Group is a cross community group which aims to address social exclusion and to provide a platfomi to promote friendship and wellbeing among the over 50's living in and around the Moira area.The charity facilitates range of social. cultural and physical aclivilies which allows the over 50's the opportunity to pursue a healthy. active and positive lifestyle. Structure, Governance and Management Structure The charity is a registered charity which is governed by up to twelve trustees. including representatives of St John's Parish, who are elected each year at the organisation's AGM. Newly appointed trustees go through an induction process to fully familiarise themselves with the charity activitie5. policies and procedures. Members of Ihe Management Board attend at least one training session per year on their roles and responsibilities as Board members and to improve the good gOvernaTr of MFG. Regular trustee board meetings are held on a monthly basis. The Trustees delegate the daily operation of the charity lo the admin worker in post who manages the day to day activities. finan$ and administration of the organisalion. Review of Activities. Achievements and Performance CHAIRMAN'S REPORT 2023-2024 Moira Friendship Group. now entering it's 23rd year, is a cross community charity sel up as an inilialive of Sl John's Parish Church and our President. Mrs Rosemary Davis for the over 50's in the Moira area.our mission is to address social exclusion and provide a platform to promote friendship and wellbeing for our members. Our curtent membership is 267. For many members MFG is a valuable lifeline providing opportunities to make new friends. leam new skills and live an active lifestyle. On behalf of MFG. I would pass on cOndolenS lo any member who has lost a loved one and to the families of those members who have passed away this last year. I particularly want to mention of these members. Mrs May Gracey who was a founder mernber of the Group and a great support throughout Ihe last 22 years and Miss Helen MGCleary {"wee Helen ") who was secretary for 17 years and also a great supporter of MFG. Both will be sadly missed. 111 ACTIVITIES AND EVENTS
Moira Friendship Group MFG has continued to offer activities to enhance the fitness of our members, Ladies and Men's keep fil classes, Chair Based Exercises, Pilales, Badminton, Bowls and 0 new classes which have proved to be very popular, Stretch and Relax and Pickleball. Members were able to improve their skills in painting and crocheting and avail of scam awareness and digital training Social activities Bridge, Happy Healthy Club and Monthty meetings with speakers are still tunning. The Walking Group enjoyed 8 walks in the year. Outings this year included a trip to Carlingford and Warrenpoint with MD Coaches and a visit to the Ulster Aviation Museum. 4¥. 12 The recent Spring Break was to Ireland's Hidden Heartlands for a three night stay.
Moira Friendship Group FINANCE Finan is always a major challenge to Community groups but one of the benefits of longevity is a tested operational experien and being financially sound and this applies to MFG. The Grants received by MFG always make a substantial contribulion towards our running costs. As always we received help and support from Lisburn and Castlereagh Council with the Community Support Grant and a Hardship Grant. Last year our accountant, Ruairi Maginn, of Daly Park challenged us lo raise £6,000 in fund raising to offset our losses This we have sUCeded in doing with three events oiganised and carried out with aplomb by our volunteers. VOLUNTEERS AND FACILIATATORS No organisation like ours could exist without volunteers and we are no exception. l am proud to say that the team of volunteers we have at MFG are exceptional. The Management Committee provide good governance, the walk leaders lake on the responsibility of sourcing walks and of course coffee venues and ensure the safety of walkers, and then Ihere are those who are always there when called upon to help, should it be in the kitchen, baking. driving, cleaning. I thank all of you. A special thank you to our funders. LCCC continue to assist not only with funding but with advice and support. The South Eastern Health and Social Care Trust, TADA and the Policing and Community Safety Partnership have also been a great supportto MFG. Financial Review The results for the financial year are set out on page 9 and additional notes are provided showing income and expenditure in greater detail. Results and Dividends At the end of the financial year the Gharily has assets of £53,728 (2023 - £57,995) and liabilitie5 of £698 (2023 £3.9841. The nel assets of the charity have decreased by £(981). Reserves Position and Policy Reserves Policy The existing Reserves Policy was £60,000 and we are happy to have reached the largel reserve figure. This level of reserves is necessary to cover 6 months of running costs (£25,000), annual room hire wsls (£15.000). £18,000 for grants not being renewed and £2,000 for replacement of equipment. The Trustees feel that this level of Reserves Policy is an integral part of the charity's planning, budget and forecasts. Public Benefit Statement The benefits that flow from our purpose are.. (1) advancing education, older people will be better able to cope with the challenges of ageing and modem life. (2> the relief of poverty among older people include. a redudion of financial and emotional distress, a higher quality of life and increased confidence in dealing with financial issues. {3} from promoting the preservation and protection of health are a greater sense of wellbeing among older people and
Moira Friendship Group reduction in social isolation through greater involvement in various activities. (4) from improving the benefft of older people is an improvement in their overall quality of lrfe. (5) flow from providing facilities include, enabling the group to run our activities, encouraging older people to interact socially and provide a safe and comfortable environment. (6) from raising awareness among the general public will be an increased appreciation of the positive roles older people play, a reduction of apathy or hostility towards older people and to increase awareness of the process of ageing and ils attendant problems. These benefits are and will be demonstrated through Surveys of satisfaction at 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 the surrounding areas. Compliance with Sector-wide Legislation and Standards The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Moira Friendship Group subscribes to and is complianl with the following= The Charities SORP {FRS 102) oved by the Board of Trustses on 7 May 2024 and signed on its behalf by.. Muriel Mccluggage Trustee Tom Mason Trustee
Moira Friendship Group STATEMENT OF TRUSTEES. RESPONSIBILITIES for the finanaal year @nded 31 March 2024 The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable lo charities in Northern Ireland requires the trustees to prepare financial statements for each f5nancial year which give a true and fair view of the assets. liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act (Northern Ireland) 2008. In preparing Ihese financial statements. the trustees are required to= select suitable accounting policies and apply them consistently., obsetve the methods and principles in the Charities SORP make judgements and accounting estimates that are reasonable and prudent.. Stale whether the financial slatements have been prepared in accordance with applicable accounting standards, identify those standards. and note Ihe effect and the reasons for any material departure from those standards.. and prepare Ihe financial statements on the going concern basis unless il is inappropriate to presume that the charity will continue in operation. The trustees confirm thal 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 charity's transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that Ihe.financial slatemenls comply with the Charities Act (Northem Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ty,Plo Approved by the Board of Trustees on 7 May 2024 and signed on its behal CL.CSLL Muriel Mccluggage Trustee Tom Mason Trustee
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 2024, which comprise the Statement of Financial Actrvities. the Balance Sheet and the related notes. Respective responslbilities of trustees and examiner The charity's trustees are responsible for the preparation of the financial statements in accordan with the requirements of the Charities Act (Northern Ireland) 2008. The charity's trustees corisider that an audit is not required for this financial year under the Charilies 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 Northem Ireland under section 65{9)(b) of the Charities Act,. and stale whether particular matters have come to our attention. Basls of Independent examinerfs report We have examined your charity financial stalements 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 Northem Ireland under section 65(9}(bl of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial stalements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from Ihe trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. In connection with our examination, no matter has come to our attention which gives us cause to believe that in. any material respect.. accounting records were not kept in accordance with section 63 of the Charities Act the financtal statements do not accord with those accounting records the financial statements have not been prepared in accordance with the Statement of Recommended Practi applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement We have no con rns and have come across no other matters in connection with the examination to which attention oul e draw this report in order to enable a proper understanding of the financial statements lo be reached. ARK& OMPANY LTD red Accounlants negie Street Lurgan Co. Amiagh BT66 6AS Northem Ireland Date: 7 May 2024
Moira Friendship Group STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Unrestricted Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Notes Incoming Resources Voluntary Income Investments 65,688 1,144 11.875 77,563 1.144 52,282 165 17,365 69,647 165 Total incoming resources 66,832 11,875 78,707 52,447 17,365 69.812 Resources Expended Charitable activities 61,384 18,304 79,688 66,032 8,959 74,991 Net incomingloutgoing resources before transfers 5,448 (6.429) (9811 (13,585) 8,406 {5,179) Gross transfers between funds 123) 23 Net movement in funds for the financial year 5,425 {6,406} (981) (13,5851 8,406 (5,179) Reconciliation of funds: Total funds beginning of the year 13 45,605 8.406 54,011 59,190 59.190 Total funds at the end of the year 51.030 2,000 53,030 45,605 8,4 54,011 The Statement of Financial Activities includes all gains and losses recognised in the financyal year. All income and expenditure relate to continuing aclivilies. The notes on pages 12 10 15 form part ofthe financial slalernents 10
Moira Friendship Group BALANCE SHEET as at 31 March 2024 2024 2023 Notes Current Assets Debtors Cash at bank and in hand 6,044 47,684 930 57.C65 S3,728 57,995 Creditors: Amounts falling due within one year 10 (698) {3,984) Net Current Assets 53,030 54.011 Total Assets less Current Liabilities 53,030 54,011 Funds Restricted trust fijnds General fvnd (unrestricted) 2,000 51,030 8,406 45,605 Total funds 13 53,030 54.011 proved by the Board of Trustees and authorised for issue on 7 May 2024 and signed on its behalf by Muriel Mccluggage Trustee Tom Mason Trustee The notes on pages 12 10 15 form part of the financial statements 11
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 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. Armagh, BT67 OLQ, Northern Ireland which is also the principal place of business of the charity. The financial statements have been presented in Pound (£} 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 which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concem basis under the historical cost convention, modified lo include certain items at fair value. The financial statements have been prepared in accordance wilh 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 charity has varied the standard formats in that act for the Statement of Financial Activities and the Balan Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with seclion 4.7, 10.6 and 15.2 of that SORP. Statement of ¢ompliance. The financial slatemeDls'of Ih'"e charity for the financial year ended 31 December 2017 have been prepared on Ihe going concern 'basis and in accordan with the Statement of Recommended Practice (SORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" Incoming Resources Income is recognised by indusion in the Statement of Financial Activities only when the charity is legally entitled to the income. performance conditions attached to the item(s) of income have been met. the amounls involved can be measured with sufficient reliability and it is probable that the income will be received by the charily. 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 asse15. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed lo one category of activity a allocaled or apportioned pro-rata to the staffing of the relevant seNice. Finance, HR, IT and administrative staff costs are directly attributable to individual activities by objective. Govemance costs are those assoctated with constitutional and statutory requirements. 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 the charity from govemmenl 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. Taxation No currenl or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tsx is expensed as incurred. PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTITIES In common with many other charity of our size and nature, we use our auditors to assist with the preparation of the financial statements. 12
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS onlinued for the financial year ended 31 March 2024 INCOME DONATIONS AND LEGACIES Unrestrlcted Restricted Funds Funds 2024 2023 Voluntary Income 65,688 11,875 77,563 69,647 42 INVESTMENTS Unrestricted Restricted Funds Funds 2024 2023 Investments 1,144 1.144 165 EXPENDITURE CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2024 2023 Charitable activities 79,688 79.688 74.991 SUPPORT COSTS Charitable Activits'es 2024 2023 Finance. accounts and legal costs Premises costs Outings & Residencies Materials and other project costs Promotion & Marketing Tutor & other professional charges Functions & Catering Salaries,wages and related costs 1,252 14,286 24,621 1,519 2.239 12,282 1,834 21,655 1,252 14.286 24.621 1,519 2.239 12.282 1,834 21,655 1,651 13.203 20.841 475 931 9,891 11,080 16.919 79,688 79,688 74,991 ANALYSIS OF SUPPORT COSTS 2024 2023 Finance. accounts and legal cosls Premises costs Outings & Residencies Malerials and other project costs Promotion & Marketing Tutor & other professional charges Functions & Catering Salaries,wages and related costs 1.252 14,286 24.621 1,519 2,239 12.282 1,834 21,655 1,651 13.203 20,841 475 931 9,891 11.080 16,919 79.688 74,991 INVESTMENT AND OTHER INCOME 2024 2023 Bank interest 165 13
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS continued forthe financial year ended 31 March 2024 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive trustees) during the financial year was as follows.. 2024 Number 2023 Number Admin Staff The staff costs comprise.. 2024 2023 Wages and salaries Pension costs 20.908 747 16,263 656 21,655 16.919 DEBTORS 2024 2023 Prepayments and accrued income 6.044 930 10. CREDITORS Amounts falling due within one year 2024 2023 Taxation and social securlty costs {Note 11) Accruals and deferred income 148 550 128 3.856 698 3.984 11. TAKATION AND SOCIAL SECURITY 2024 2023 Creditors: PAYE I NI 128 12. RESERVES 2024 2023 At the beginning of the year Deficit for the financial year 54.011 (9811 59,190 (5,179) At Ihe end of the year 53.030 54,011 14
Moira Friendship Group NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2024 13. FUNDS 13.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Total Funds At 1 April 2022 Movement during the financial year 59,190 (13.585) 59,190 (5,179) At 31 March 2023 Movement during the financial year 45,605 5,425 8,406 {6.406) 54,011 (981) At 31 March 2024 51,030 2,000 53,030 13.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Aprll 2023 Income Expenditure Transfers between funds Balance 31 Mar¢h 2024 Restricted funds LCCC Hardship Fund Lottery Awards for All PCSP Safety Programme LCCC Community Fund 455 7,951 2.000 455 7,951 4,893 5,005 2,000 4,870 5,005 23 8,406 11,875 18,304 23 2,000 Unrestricted funds Unrestricted General 45,605 66,832 61.384 (23) 51,030 Total fvnds 54,011 78.707 79,688 53,030 13.3 ANALYSIS OF NET ASSETS BY FUND Current assets Current liabilities Total Unrestricted general fijnds 53,728 (698) 53.030 53.728 {698) 53,030 14. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity Sin the financial year-end. 15. TRUSTEE REMUNERATION The trustees did not receive, nor did they waive, any remuneration during the current fincnaial year. (2023 £nir). 16. INDEPENDNET EXAMINERS REMUNERATION The independent examiners, Daly Park & Company Ltd, received an independent examination fee of £500 inclusive of vat for their professional work (2023 £500). They also maintain the paye I payroll records for the organisation and charged a monthly fee of £60 for this - total for the year was £720 (2023 - £600). 15