Shantallow Community Residents Asso¢iatlon Accounts for the year ended 31 March 2023
Shantallow Community Residellts Associatlon Contents Page Information Trustses, Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Activiti¢s 7-10
Shantallow Community Residents As$oclAtion Information Accountants McGroaty McCaff¢rty & Company Ltd Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Business address 38 Drumleck Drive Shantallow Derry N Ireland BT48 8EN Bankers AIB (NI) Meadowbank Derry BT48 71N Charity Trustees Patrick White (Chairperson) Gary McFadden Patricia Patton (Secretary) Brona Mc Laughlin Stella M¢Cauley Rosemary Delpinto Charity Number NIC101810 XR31543 Page I
Shantsllow Community Residents Association Trusttt's Report The trustees psellt their report and the financial statements for the year ended 31 March 2023. PrAncipal activity The Association is ¢stablished to promote the benefit of the inhabitants of the area without distinction of age, se& rnce, or of political, religious or other opinion, by associating th¢ said inhabitants and statutory authorities,voluntary and other organisations in a common effort to relieve poverty, sickness, and distress, to relieve the disabled, to advance education, to preserve and to protect health and to provide facilities in the interest of social welf'c for recreation wid leisure-time occupation with the object of improving the conditions of life for the said inhabitants. Achievements & Outputs Provide support to six local community groups. Community Relations: 6329 people partiCApated in community bonding/ relations projects during this period. Coininunity Safety: 3280 people supported through Crime Prevention Initiatives. Voluiiteer Opportunities,. l 98 people were involved in volunteering activities. Youth Interventions: 770 young people benefitting from youth intervention and personal developinent pi'ogrammes. Health Initiatives: 2733 people benefitted from Health Intervention Services. Trustees and their interests The trustees of the charity for the purposes of charity law and throughout this report are collectively referred to as the trustees. Tlie trustees serving during the year arld since the year end were as follows: Patrick Whits Gary McFadden Patricia Patton {Secretary) Stella Mccauley (Committee Member) (Chairperson) Brona McLaughlin (Committee Member) Rosemary Delpinto (Committee Member) Governing Document The organisation is an unincorporated Association with charitable status. The Association w&s established under a Coiistitution which outlined the area of benefit and the objects of the charitable organisation and is governed under its Constitution. Recruitment and appointment of the management committee The management cominittee of the Association consists of six members and shall meet at least nine times a year. The inembers of the manageinent committee shall have the power to appoint any member of the Association to be a meinber of the management committee. either to fill a casual vacancy or as an addition to the existing members. Aiiy member may withdraw from the Association at any time giving at le&8t fourteen daS notice to the Association. Page 2
Shantallow Community Residents Association Risk Management The trustees have &ssessed the major risks to which the &ssociation is exposed, in particular those related to the operations and finances of the association. and arc satisfied that systems are in place to mitigate the exposure to the inajor risks. Financial review The Management Cominitt¢e is empowered to receive Inoney in the forni of subriptIons, grants and donations and to raise money by other lawful means. All money raised for the Association shall be us¢d to further the objectives of the Association and for no other purpose. Plans for Future Periods The association plans to continue to develop on the activities &8 Outlined above in the forthcoming years subject to satisfactory funding arrangements. Statement of trustees,8pn$Ibnlitie9 The trustees are responsible for preparing the annual report and th¢ financial statements in accordance with applicable law and United Kingdoin Generally Accepted A¢counting Practice. The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year 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 trustses are required to: select suitable accountiiig policies and apply them consistently" observe the methods and principles in tlie Charities SORP 2019; make judgements and estimates that are reasonable and prudent" state whetlier applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will coiitinu¢ iii operation. The trustees are responsible for Inaintainiiig proper accounting ordS which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008.Th¢ trustees are also responsible for safeguarding the &ssets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and oth¢r irregularities. A resolution will be proposed at the Annual General M¢¢ting that McGroarty Mccaffety & Company Ltd be re-appointed as Independent Examiners to the charity for the ensuing year. On behalf of h Signed: Signed: QoEr- Date: 16111125 Date: Iv[ Page 3
Shantallow Community Residents A&sociAtion Independent Examiner's report to tbe eharity committee members of Shanlallow Community R£sAdents Association We report on th¢ accounts of the Charity for the year ended 31 March 2023, which are set out on pages 5 - 10. Respective rwponsibilities of charity committee members and examiner As the charity's members you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is our responsibility to: examine the accounts under Section 65 of the Charities ACL follow tlie procedures laid down in the general DIrtionS given by the Commission under Section 65(9) (b) of the Charities Act; state whether particular matters have come to our attention. Basis of Independent examiner's report We have examined your charity accounts as required under Section 65 of the Charities Act and our exainination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65 (9Mb) of the Charities Act. Our examinalion included a review of the accounting records kept by th¢ charity and a comparison of the accounts presented with those records. It also included considerations of any unusual items or disclosures in the accounts. and secking explanation from you as charity members concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe: l . That accounting records were not kept in accordance with Section 63 of the ChIlle8 Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further information needed for a prop¢r understanding of the accounts to be reached. Independent Examiner's Slatsment As th¢ cliarity's gross income eXCeed £250,000 the examiner must be a member of a listed body. We can confirin that we are qualified to undertake the examination as we are a registered member of Chartered Accountants Ire1]d which is one of the listed bodies. We liave completed our examination and have no concerns in respect of the matters 1- 4 listsd above and, in oiiiiection with the following Diirctions of the Charity Commission Northern Ireland; we have found no matters tl)at require drawing to your attention. McGroarty Mcca erty & Company Ltd Aecountallts and Tax Consultydnts 2 Carlisle Terrace Derry N Ireland BT48 6JX Date: Page 4
Shantallow CommuDity Residents Association Statement of Flnancial Activities for the year ended 31 March 2023 Unrestricted Funds Restrietsd Funds 2023 2022 Income and Expenditure Incoming Resources Grants & Sundry Income Total Incoming Re8our¢e$ 631,233 631.233 607,620 631,233 631,233 607,620 Resources Expended Manageinent & Administration 634,293 634,293 598,712 Total Resources Expended 634,293 634,293 598,712 Net Ineoming l (Outgoing) Resources (3,060) (3,060) 8,908 Balances brought forward l April 2022 35,062 35,062 26,153 Balances carried forward 31 March 2023 32,002 32,002 35.062 The above noUnts relate to continuing operations of the association. The group has no recognised gains and losses other than those included in the results above and therefore no separate stateinent of total recognised gains and losses has been presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents. Page 5
Sbantallow Communlty Resldents Associatlon Balance sheet as at 31 March 2023 2023 2022 Notes Fixed assets Tangible a&sets 1,200 1.600 Current a&8ets Debtors Cash at bank and in hand 106,774 64.520 114,263 38,748 171,294 153,01 I Current liabilities Bank loans and overdrafts Other creditors Accruals 63.311 7,971 69,213 40,148 25,575 53,828 140,495 119,551 Net current assets 30,799 33,460 Total assets less current 15abilities 32,002 35,062 Fund8 Brought forward at l April 2022 Unrestricted Restricted 32,002 35,062 32,002 35,062 Memb Member Date: LL[I Date: ILI Iiii3 Page 6
ShAntalloiv Commullity Residents Association Notes to the aeeounts for the year ended 31 March 2023 Accounting policies The principal accounting pojicies adopted in the preparation of the fmancial ststements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. Accounting convention Th¢ accounts are prepared under the histori cost conventlon modified when necessary, and in compliance with the Charities SORP (FRS 102). 1.2. Tangible fixed assets and depreclation Taiigible fixed &ssets are statsd at cost less depreciation. Depreciation is provided at rates calculated to writs off the Cost or valuation l¢ss residual value of ¢h &8set over its expected useful life, as follows.. Motor vehicles 250/0 Straight Line 1.3. Income (i) Grants Graiits represents all nOUnts received and rec¢ivabl¢ during the year. Capital grants ar¢ released to the profit and loss account in the year in which they are received in line with the Charities SORP (FRS 102). Revenue grants are credited to the Ststement of Financial Activities in the year they are received. (li) Donations & adininistration income. This comprises amounts received during the year. 1.4. Expenditure (i) Direct Charitable Expenditure This represents all expenditure directly attributable to charitable causes. (li) Managein¢nt & Administration This includes all other expenditure not directly a]locatsd above and a portion of the overhead costs attributable to tnanageinent and administration. Page 7
Shantallow Community Residents Asso¢i2tAon Notes to the accounts for the year ended 31 Mareb 2023 Ineonie 2023 2022 Restricted Income Apex WHSCT EA- Region PSNI Graiits Department for Coinmunities Ballyarnett Comm Safety & Develop Derry Healthy Cities Long Tower Spark Project Ballyarnett Empowering Women Derry City and Strabane District Council YOCIP project GSAP Community Foundation NI Co-operdtion Ireland Project Iiicome Furlough Monies Youthwork Alliwice Nl Housing Executive I 1,000 37.517 10,826 23,958 49,128 5,100 136,154 84,140 5,327 34,252 28,050 53,151 19,729 109,437 101,637 5,438 38,672 67,637 37,300 10,700 11,708 154,573 2,350 174,934 23,015 3,120 631,233 607,620 Unrestricted Income 631,233 607,620 (i) Restrleted Funds Funds received which are earmarked by the Funder for specific purposes. Such purposes are within the overall aims of the organisation. (li) Unrestricted Funds 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 finance capital investm¢nt and working capitsl. Page 8
Shantallow Community Resldents Association Notes to the accounts for tbe yeAr ended 31 March 2023 R&8ources Eipended Unrestrieted Funds Restricted Funds Total 2023 Total 2022 Management & Administration Shantallow Womens Group Ballyarnett CSD Yes Project Teamwork expenses Running Costs expenses Escap¢ Project Neighbourhood H¢alth Improvement Youth Intervetion proj¢ct Extended Schools project Shantallow Mens Group Spark Project 19,416 99,213 25,230 1,890 363,611 19,416 99,213 25,230 1,890 363,611 24,541 82,797 35,008 1.029 250,234 35,764 8.195 83,828 26,818 18.383 32.114 11,147 52,652 38,672 22,462 11.147 52,652 38.672 22,462 634.293 634,293 598.712 Iyet Incoming Resources 2023 2022 Net incoming resources has been arrived at after charging. Accountancy fees Depreciation 2,820 400 2,820 400 Number of employees The average monthly numbers of employees during the year, calculated on the basis of full time equivalents, w&s &4 follows.. 2023 Number 14 2022 Number 14 Employees 2023 2022 Salaries and wages 218,348 169,444 Taxation No charge to taxation is due as the O¢iation has charitable status. Page 9
Shantallow Communlty Residents Association Not&8 th the aceounts for the year ended 31 March 2023 Tangible a&sets Motor vehicle8 Equipment Tolal Cost At l April 2022 21,968 4,900 26,868 At 31 March 2023 21,968 4,900 26,868 Depreciation At l April 2022 Charge for the year 21,968 3,300 400 25.268 400 At 31 March 2023 21.968 3,700 25,668 Net book values At 31 March 2023 1,200 1,200 At 31 March 2022 1,600 1,600 Debtors 2023 2022 Grants due 106,774 114,263 Current liabililie8 2023 2022 Bank loans and overdrafts Otlier Creditors & defrrred Income Accruals 63,311 7,971 69.213 40,148 25,575 53,828 140.495 119,551 Page 10