HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024
| Note Income from: Charitable activities 3 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2024 £ 65,554 65,554 91,386 91,386 (25,832) 56,737 (25,832) 30,905 |
Unrestricted funds 2024 £ - - 3,796 3,796 (3,796) 27,887 (3,796) 24,091 |
Total funds 2024 £ 65,554 65,554 95,182 95,182 (29,628) 84,624 (29,628) 54,996 |
Total funds 2023 £ 51,737 51,737 59,249 59,249 (7,512) 92,136 (7,512) 84,624 |
|---|---|---|---|---|
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: NI048343
BALANCE SHEET AS AT 31 DECEMBER 2024
| Note Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 13 Unrestricted funds 13 Total funds |
2,303 77,494 79,797 (24,935) |
2024 £ 134 134 54,862 54,996 54,996 54,996 30,905 24,091 54,996 |
5,159 100,543 105,702 (21,412) |
2023 £ 334 |
|---|---|---|---|---|
| 334 84,290 |
||||
| 84,624 | ||||
| 84,624 | ||||
| 84,624 | ||||
| 56,737 27,887 |
||||
| 84,624 |
The company was entitled to exemption 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:
................................................
Brian Lambkin Director
................................................ Hedley Abernethy Director
Page 9
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024
Date: 22/09/2025
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 2024
1. General information
Healing Through Remembering is a private charitable company limited by guarantee and incorporated and registered in Northern Ireland under Company Registration Number NI048343.
The charitable company's registered office is situated at Suite 2.06, Custom House, Custom House Square, Belfast, BT1 3ET.
Healing Through Remembering is an extensive cross-community project made up of a diverse range of individual members with different political perspectives and social experiences.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance 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 otherwise 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 resources. 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.
2.4 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.
Page 11
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2. Accounting policies (continued)
2.4 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 basis:
- Computer equipment 33% 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 Balance 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 advanced 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 finance cost.
2.8 Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
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.
Page 12
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| 3. Income from charitable activities Income from charitable activities - The advancement of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity Income from charitable activities - The advancement of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 4. Income from charitable activities - by funder International Coalition of Sites of Conscience Department of Foreign Affairs and Trade: Reconciliation Fund - project 1614 - Everyday Objects Library Tour (total grant - €44,200) Department of Foreign Affairs and Trade: Reconciliation Fund - project 1991 - Learning from the Past Looking to the Future (total grant - €44,200) Department of Foreign Affairs and Trade: Reconciliation Fund - project 2445 - Ceasefire 30 (total grant - €26,000) Department of Foreign Affairs and Trade: Reconciliation Fund - project 2481 - Sharing Everyday Experiences - North to South (total grant - €40,000) Diversity Challenges The Open University - Ceasefire 30 Project Belfast City Council - Day of Reflection Consultancy David Stevens Legacy Grant Screening Violence site visit ISOSC Site visit Dominican Ministry Fund - Day of Reflection Art Awards 2024 Talks and presentations - various |
Restricted funds 2024 £ 65,554 Restricted funds 2023 £ 51,737 2024 £ 44 - 18,438 21,335 11,410 - 11,300 1,500 - - - 253 1,274 65,554 |
Total funds 2024 £ 65,554 Total funds 2023 £ 51,737 2023 £ 6,068 18,224 18,438 - - 2,888 - 1,225 2,950 1,750 194 - - 51,737 |
|---|---|---|
Page 13
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. Analysis of expenditure on charitable activities
Summary by fund type
| Restricted funds 2024 £ The advancement of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 91,386 The advancement of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 6. Analysis of expenditure by activities Activities undertaken directly 2024 £ The advancement of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 80,741 Activities undertaken directly 2023 £ The advancement of Human Rights, Conflict Resolution or reconciliation or the promotion of Religious or Racial Harmony or Equality and Diversity 45,803 |
Unrestricted funds 2024 £ 3,796 Restricted funds 2023 £ 59,249 Support costs 2024 £ 14,441 Support costs 2023 £ 13,446 |
Total 2024 £ 95,182 |
|---|---|---|
| Total 2023 £ 59,249 Total funds 2024 £ 95,182 |
||
| Total funds 2023 £ 59,249 |
Page 14
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. Analysis of expenditure by activities (continued)
Analysis of direct costs
| Depreciation Transport and storage Office administration Bank fees and charges Staff travel costs Insurance Rent Printing, stationery and postage Events and venue hire Consultancy fees Subscriptions Website and software Other travel costs Staff wages & salaries Staff pensions |
Conflict resolution 2024 £ 200 10,121 1,100 223 1,815 2,489 4,224 8,542 3,240 33,091 286 4,076 160 9,976 1,198 80,741 |
Total funds 2024 £ 200 10,121 1,100 223 1,815 2,489 4,224 8,542 3,240 33,091 286 4,076 160 9,976 1,198 80,741 |
|---|---|---|
Page 15
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. Analysis of expenditure by activities (continued)
Analysis of direct costs (continued)
| Depreciation Transport and storage Office administration Bank fees and charges Staff travel costs Insurance Rent Printing, stationery and postage Events and venue hire Consultancy fees Subscriptions Website and software Other travel costs Staff wages & salaries Staff pensions |
Conflict resolution 2023 £ 273 7,788 394 219 2,434 2,279 3,848 767 798 13,495 418 2,361 208 9,323 1,198 45,803 |
Total funds 2023 £ 273 7,788 394 219 2,434 2,279 3,848 767 798 13,495 418 2,361 208 9,323 1,198 45,803 |
|---|---|---|
Analysis of support costs
| Accountancy Staff wages & salaries Staff pensions |
Total funds 2024 £ 3,267 9,976 1,198 14,441 |
Total funds 2023 £ 2,925 9,323 1,198 13,446 |
|---|---|---|
Page 16
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. Independent examiner's remuneration
| Independent examiner's remuneration | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Fees payable to the company's independent examiner for the independent | ||
| examination of the company's annual accounts | 1,860 | 1,790 |
| Fees payable to the company's independent examiner in respect of: | ||
| All assurance services not included above | 740 | 719 |
| All other services not included above | 667 | 416 |
8. Directors' remuneration and expenses
During the year, no Directors received any remuneration or other benefits (2023 - £NIL) .
During the year ended 31 December 2024, no Director expenses have been incurred (2023 - £NIL) .
9. Tangible fixed assets
| Cost or valuation At 1 January 2024 At 31 December 2024 Depreciation At 1 January 2024 Charge for the year At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 |
Computer equipment £ 819 |
|---|---|
| 819 | |
| 485 200 |
|
| 685 | |
| 134 334 |
Page 17
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
10. Debtors
| Due within one year Prepayments and accrued income 11. Creditors: Amounts falling due within one year |
2024 £ 2,303 2,303 |
2023 £ 5,159 |
|---|---|---|
| 5,159 | ||
| Other taxation and social security Other creditors Accruals and deferred income 12. Financial instruments Financial assets Financial assets measured at fair value through income and expenditure |
2024 £ 200 22,177 2,558 24,935 2024 £ 77,494 |
2023 £ 200 18,438 2,774 |
|---|---|---|
| 21,412 | ||
| 2023 £ 100,543 |
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 2024
| 13. Statement of funds Statement of funds - current year Unrestricted funds Designated funds Designated Funds - all funds General funds General Funds - all funds Total Unrestricted funds Restricted funds Restricted Fund 1 Total of funds |
Balance at 1 January 2024 £ 13,249 14,638 27,887 56,737 84,624 |
Income £ - - - 65,554 65,554 |
Expenditure £ - (3,796) (3,796) (91,386) (95,182) |
Balance at 31 December 2024 £ 13,249 |
|---|---|---|---|---|
| 10,842 | ||||
| 24,091 | ||||
| 30,905 | ||||
| 54,996 |
Page 19
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
13. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds Designated funds Designated Funds - all funds General funds General Funds - all funds Total Unrestricted funds Restricted funds Restricted Fund 1 Total of funds 14. Summary of funds Summary of funds - current year Designated funds General funds Restricted funds |
Balance at 1 January 2023 £ 13,248 14,639 27,887 64,249 92,136 Balance at 1 January 2024 £ 13,249 14,638 56,737 84,624 |
Income £ - - - 51,737 51,737 Income £ - - 65,554 65,554 |
Expenditure £ - - - (59,249) (59,249) Expenditure £ - (3,796) (91,386) (95,182) |
Balance at 31 December 2023 £ 13,248 |
|---|---|---|---|---|
| 14,639 | ||||
| 27,887 | ||||
| 56,737 | ||||
| 84,624 Balance at 31 December 2024 £ 13,249 10,842 30,905 54,996 |
Page 20
HEALING THROUGH REMEMBERING
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
14. Summary of funds (continued)
Summary of funds - prior year
| Designated funds General funds Restricted funds |
Balance at 1 January 2023 £ 13,248 14,639 64,249 92,136 |
Income £ - - 51,737 51,737 |
Expenditure £ - - (59,249) (59,249) |
Balance at 31 December 2023 £ 13,248 14,639 56,737 84,624 |
|---|---|---|---|---|
15. Analysis of net assets between funds
Analysis of net assets between funds - current period
| Tangible fixed assets Current assets Creditors due within one year Total Analysis of net assets between funds - prior period Tangible fixed assets Current assets Creditors due within one year Total |
Restricted funds 2024 Unrestricted funds 2024 £ £ - 134 30,905 48,892 - (24,935) 30,905 24,091 Restricted funds 2023 Unrestricted funds 2023 £ £ - 334 56,737 48,965 - (21,412) 56,737 27,887 |
Total funds 2024 £ 134 79,797 (24,935) 54,996 Total funds 2023 £ 334 105,702 (21,412) 84,624 |
|---|---|---|
16. Commitments
As at 31 December 2024 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 2024
17. Controlling party
The ultimate controlling party is the Board of Directors who are also Trustees of the charitable company.
18. 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 processes 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 party 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 performance, 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 acceptable terms.
After making enquiries, the Directors have a reasonable expectation that the charity has adequate resources 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