HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Independent Examiner's Report to the Directors of Healing Through Remembering I report on the financial statements of the company for the year ended 31 December 2022 which are set out on pages 8 to 22. Respective Responsibilities of charity Directors and Examiner As the company's directors (and also the directors of the company for the purpose of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the company is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to.. examine the accounts under section 65 of the Charities Act (Northem Ireland} 2008., follow the procedures laid down in the general Directions given by the Commission under section 65(91{b) of the Charities Act., and state whether particular matters have come to my attention. Basis of Independent Examinerfs Statement I have examined your company accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charib'es Act. My examination included a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as company directors conmIng any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. that accounting records were not kept in accordan with section 386 of the Companies Act 2006., that the accounts do not accord with those accounting records., that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with 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 Republic of Ireland {FRS 102)- that there is further information needed for a proper understanding of the accounts to be reached. Page 6
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Independent Examiner's Statement I have completed my examination and have no cOnmS in respect of the matters (1) to14) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. This report is made solely to the company's Directors, as a body, in accordance with section 65{3)(a) of the Charities Act (Northem Ireland) 2008 and regulations made under section 66 of that Act. My work has been undertaken so that I might state to the company's Directors those matters l am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Directors as a body, for my work or for this report. Signed.. Scott Mccullough FCA UHY Hacker Young Fitch Chartered Accountants Gordon Street Mews 27-29 Gordon Street Belfast BT12LG Dated: 19 September 2023 Chartered Accountants Ireland Page 7
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022 Restricted Unrestricted funds funds 2022 2022 Total funds 2022 Total funds 2021 Note Income from: Donations and legacies Charitable activities 100 100 68,109 68,109 41,720 Total income 68,109 100 68,209 41,720 Expenditure on: Charitable activities 51,697 51,697 35,253 Total expenditure 51,697 51,697 35,253 Net movement in funds 16.412 100 16.512 6,467 Reconciliation of funds.. Total funds brought forward Net movement in funds 47.838 16,412 27.788 100 75.626 16,512 69,159 6,467 Total funds carried forward 64,250 27,888 92,138 75,626 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 11 to 22 form part of these financial statements. Page 8
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) REGISTERED NUMBER: N1048343 BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Note Fixed assets Tangible assets 10 606 73 606 73 Current assets Debtors 1.742 113,953 1,632 120,579 Cash at bank and in hand 115.695 122,211 Creditors.. amounts falling due within one year 12 {24.163) (46, 658) Net current assets 91,532 75,553 Total assets less current liabilities 92.138 75,626 Net assets excluding pension asset 92,138 75,626 Total net assets 92.138 75, 626 Charity funds Restricted funds Unrestricted funds 14 64,250 27.888 47,838 27,788 14 Total funds 92,138 75,626 The company was entitled to exempts.on from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Directors and signed on their behalf by.. oc Claire Hackett Director Hedley Abernethy Director Page 9
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) BALANCE SHEET (CONTINUEDI AS AT 31 DECEMBER 2022 Date: 19 September 2023 The notes on pages 11 to 22 form part of these financial statements. Page 10
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 General infomiation Healing Through Remembering is a private charitable company limited by guarantee and incorporated and registered in Northem Ireland under Company Registration Number N1048343. The charitable company's registered office is situated at Gordon Street Mews, 27-29 Gordon Street, Belfast, Northern Ireland, BT212LG. Healing Through Remembering is an extensive cross-community project made up of a diverse range of individual members with different policitcal perspectives and social experiences. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordan with the Charities SORP {FRS 102) Accounting and Reporting by Charities.. 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Healing Through Remembering meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othemise stated in the relevant accounting policy. 2.2 Income All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of reSoUrs. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2A Tangible fixed assets and depreciation Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Page11
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (continued) 2A Tangible fixed assets and depreciation (continued) Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, Depreciation is provided on the following bases= Short-term leasehold property Fixtures and fittings Computer equipment 330/0 Straight line 330/0 Straight line 330/0 Straight line 2.5 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.6 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.7 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balan Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as adVand payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finan cost. 2.8 Financial instruments The company only has finanaal assets and financial liabilities of a kind that qualify as basic financial instnjments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exptIOn of bank loans which are subsequently measured at amortised cost using the effective interest method. Page 12
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (continued) 2.9 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Directors in furtherance of the general objectives of the company and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Directors for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Income from donations and legacies Unrestricted funds 2022 Total funds 2022 Total funds 2021 Donations 100 100 Income from charitable activities Restricted funds 2022 Total funds 2022 Income from charitable activities- The advanment of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 68,109 68,109 Restricted funds 2021 Total funds 2021 Income from charitable activities - The advanment of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 41,720 41,720 Page 13
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Income from charitable activities - by funder 2022 2021 International Coalition of Sites of Conscience Department of Foreign Affairs & Trade - Reconciliation Fund Ulster University - Co-hosting visit of TMIN UOL University of Liverpool Belfast City Council - Day of Reflection Consultancy David Stevens Legacy Grant 961 33,634 4,900 3,000 1,225 25,350 15,409 25,350 68,109 41,720 Anatysis of expenditure on charitable activities Summary by fund type Restricted funds 2022 Total 2022 The advancement of Human Rights. Conflict Resolution or reconciliation or the promotion of Religious or Racial Hamiony or Equality and Diversity 51,697 51,697 Restricted funds 2021 Total 2021 The advanment of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Hamiony or Equality and Diversity 35, 253 35,253 Anatysis of expenditure by activities Activities undertaken directly 2022 Support costs 2022 Total funds 2022 The advanment of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 37,439 14,258 51.697 Page 14
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Analysis of expenditure by activities (continued) Activities undertaken directly 2021 Support costs 2021 Total funds 2021 The advanment of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 22,995 12,259 35,254 Anatysis of direct costs Conflict resolution 2022 Total funds 2022 Depreciation Transport and storage offi administration 67 67 8,072 1,260 206 1,618 2,123 5,333 454 8,072 1.260 206 1,618 2,123 5.333 454 Bank fees and charges Staff travel costs Insuran Rent Printing, stationery and postage Telephone and intemet Events and venue hire Consultancy fees Subscriptions Website and software 311 311 1,035 3,060 461 1,547 523 10,171 1,198 1,035 3,060 461 1.547 523 10,171 1,198 Other travel costs Staff wages & salaries Staff pensions 37,439 37,439 Page 15
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Analysis of expenditure by activities (continued) Analysis of direct costs (continued) Conflict resolution 2021 Total funds 2021 Depreciation Transport and storage offi administration Bank fees and charges Staff travel costs Insuran 73 73 321 321 220 220 163 163 22 22 1,644 7,086 242 1,644 7,086 242 Rent Printing, stationery and postage Telephone and internet Events and venue hire 569 282 569 282 Consultancy fees Subscriptions Website and sofvare Staff wages & salaries Staff pensions 1,025 200 1,025 200 1,532 8,418 1,198 1,532 8,418 1,198 22,995 22,995 Analysis of support costs Total funds 2022 Total funds 2021 Accountancy Staff wages & salaries Staff pensions 2,890 10.170 1,198 2,643 8,418 1,198 14,258 12,259 Page 16
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Independent examiner's remuneration 2022 2021 Fees payable to the company's independent examiner for the independent examination of the company's annual accounts Fees payable to the company's independent examiner in respect of.. All assurance services not included above All other services not included above 1.802 1,638 692 645 396 360 Directors. remuneration and expenses During the year, no Directors received any remuneration or other benefits (2021- £NIL). During the year ended 31 December 2022, no Director expenses have been incurred (2021- £NIL). 10. Tangible fixed assets Short-terni leasehold Fixtures and property fittings Computer equipment Total Cost or valuation At 1 January 2022 Additions 14.244 54.374 19,674 600 88.292 600 Disposals 114.244) (54.374) (68.618) At 31 December 2022 20,274 20,274 Depreciation At 1 January 2022 Charge for the year On disposals 14.244 54.374 19,601 67 88.219 67 (68.618) 114.244) (54.374) At 31 December 2022 19,668 19,668 Net book value At 31 December 2022 606 606 At 31 Dernber 2021 73 73 Page 17
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 11. Debtors 2022 2021 Due within one year Prepayments and accrued income 1.742 1,632 1,742 1,632 12. Creditors: Amounts falling due within one year 2022 2021 other taxation and social security Other creditors Accruals and deferred income 200 200 21,175 2.788 43, 709 2, 749 24,163 46,658 13. Financial instruments 2022 2021 Financial assets Financial assets measured at fair value through income and expenditure 113,953 120,579 Financial assets measured at fair value through income and expenditure comprise cash and cash equivalents. Page 18
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 14. Statement of funds Statement of funds - current year Balance at 31 December 2022 Balance at 1 January 2022 Income Expenditure Unrestricted funds Designated funds Designated Funds - all funds 13.249 13.249 General funds General Funds - all funds 14,539 100 14,639 Total Unrestricted funds 27.788 100 27.888 Restricted funds Restricted Fund 1 47,838 68,109 (51,697) 64,250 Total of funds 75.626 68.209 (51.697) 92.138 Page 19
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 14. Statement of funds {continued) Statement of funds - prior year Balance at 31 December 2021 Balance at 1 January 2021 Income Expenditure Unrestricted funds Designated funds Designated Funds - all funds 13,249 13,249 General funds General Funds - all funds 14,539 14,539 Total Unrestricted funds 27, 788 27,788 Restricted funds Restricted Fund 1 41,371 41,720 (35, 253) 47,838 Total of funds 69, 159 41,720 (35,253) 75,626 15. Summary of funds Summary of funds - current year Balance at 31 December 2022 Balance at 1 January 2022 Income Expenditure Designated funds General funds Restricted funds 13,249 14.539 47.838 13,249 14,639 64,250 100 68.109 (51.697) 75.626 68.209 (51,697) 92,138 Page 20
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 15. Summary of funds (continued) Summary of funds - prior year Balance at 31 December 2021 Balance at 1 January 2021 Income Expenditure Designated funds General funds Restricted funds 13,249 14,539 41,371 13,249 14,539 47,838 41,720 (35.253) 69, 159 41,720 (35, 253) 75,626 16. Analysis of net assets between funds Anatysis of net assets between funds - current year Restricted funds - Unrestricted class li funds 2022 2022 Restricted funds 2022 Total funds 2022 Tangible fixed assets Current assets Creditors due within one year 606 606 64.250 51,444 (24,163) 115,694 (24.163) Total 64,250 27,887 92,137 Anatysis of net assets between funds - prior year Restricted Unrestricted funds funds 2021 2021 Total funds 2021 Tangible fixed assets Current assets Creditors due within one year 73 74,373 (46, 658) 73 122,211 (46,658) 47,838 Totsl 47,838 27, 788 75,626 17. Commitments As at 31 December 2022 the charitable company had no commitments. Page 21
HEALING THROUGH REMEMBERING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 18. Controlling party The ultimate controlling party is the Board of Directors who are also Trustees of the charitable company. 19. Going Concern The company's charitable activities, together with the factors likely to affect its future development, performance and position are set out in the Directors, Report. The financial position of the charity, along with its policies and prosseS for maintaining current activity, managing its funding and its financial risk management are also set out in the Directors, Report. The charity meets its day to day working capital requirements through third paty funding. The current economic conditions create some uncertainty over the levels of the funding that will be available in future periods, although the directors are of the opinion that the third party funders will continue to provide adequate funds. The charity's forecasts and projections, taking account of reasonably possible changes in operating performan, show that the company will be able to operate within its current facilities. The company has ongoing discussions with funders and at this stage no matters have been drawn to its attention to suggest that funding renewals may not be forthcoming on aptable terms. After making enquiries, the Directors have a reasonable expectation that the charity has adequate reSoUrS to continue in operation for the foreseeable future. Accordingly the Directors continue to adopt the going concern basis in preparing the annual report and accounts. Page 22