Company Registration Number: N1018259 Charity Registration number: 101844 Willowbank Limited (Charitable Company Limited by Guarantee) Annual Report and Flnancial Statements for the year ended 31 March 2023
Willowbank Limited (Charitable Company Limited by Guarantee CONTENTS Page General Information Director5, Report Independent Examinerfs Report Statement of financial Activities Statement of Financial Position Notes to the Financial Statements 9-17
Willowbank Limited {Charitable Company Limited by Guarantee) GENERAL INFORMATION Kenneth Ferguson Stephen McNeill Marion McKenna Catherine Mccrory Marina Sloan Colm Gildernew (resigned 6 December 20231 Andrew Trotter Board of Directors Willowbank Community Resource Centre Carland Road Dungannon Co Tyrone BT714AA Registered Office N1018259 Company Registration Number 101844 Charity Registration Number Ruddell and Company Chartered Accountants and Registered Auditors 16 Church Street Dungannon Co Tyrone BT716AB Independent Auditors PA Duffy & Co 5 7 Irish Street Dungannon Co Tyrone BT70 IJW Solicitors Bank of Ireland 11 Market Street Magherafelt Co Londonderry BT45 6EE Bankers
Willowbank Limited (Charitsble Company Limited by Guarantee) DIREcfoRS' REPORT for the ear ended 31 March 2023 The directors, who are the trustees for the purpose of charity law, have the pleasure in presenting their Report and the Financi31 Statements of the charitable company for the year ended 31 March 2023. The financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" IFRS 102), United Kingdom Generally Accepted Accounting Practice and the Companies Act 2006. Reference and Administration Details The reference and administration details of the charitable company are as shown on page 2. Objectlves and Artivitles Willowbank Limited exists to work in partnership with persons with disabilities to provide a supportive and empowering environment. Within a community development ethos, we will support people in overcoming and removing barriers to inclusion. We will enable people through provision of appropriate training and learning to maximise their potential as citizens. This is effective through: The delivery of a range of direct care services; Support services and day opportunities to people with dis3 bilities; Using a participative methodology, the services delivered are shaped by people who are the end service users. Individuals are supported through provision of pre-vocational and vocational training in a range of su bject areas that seek to build confidence and capacity to maximise their individual and group potential. Providing support to enable people with disabilities to engage a range of recreational and social opportunities: supporting engagement with the wider community; fostering partnerships with colleagues in the community, public and private sector. and Facilitating the interface with elected representatives, planners and commissioners of services to ensure that the rights of disabled people as citizens are upheld. Public Benefit Statement The directors of Willowbank Limited confirm that they have complied with their duty under settion 4161 of the Charities Act (Northern Ireland} 2008 to have regard to the Charity Commission for Northern I reland's guidance on public benefit and that the public benefit requirement has informed the activities of the charitable company in the year ended 31 March 2023. Achievements and Performance The directors are confidentthat the charitable company continues to meet its performance objectives to benefit the local community. The charitable company continues to receive funding from local bodies.
Willowbank Limited Icharitable Company Limited by Guarantee) DIREcfoRS' REPORT for the ear ended 31 March 2023 continued Financial Review Finonciol Performance The results for the year are set out in detail on pages 7 to 17. The charitable company returned net incoming resources forthe year of £17,30512022: net outgoing resources of £411). At 31 March 2023, the total funds of the charity amounted to £130,36412022', £113,059) comprising restricted funds of £18,575 12022.. £13,182) and unrestricted funds of £111,78912022'. £99,877). Principle sou rces of funding and how this has supported the key objectives of the charitable company are disclosed in the notes to the financial statements. Reserves Poliry The charitable company does not maintain a formal reserves policy however the board of directors continue to monitor the level of reseNes held by the charitable company and are actively taking steps to increase the reserves in order to meet any unforeseen expenditure incurred. Structure, Governance and Management Organisational Structure The charitable company is a company limited by guarantee, not having a share capital. The charitable company was established under a Memorandum of Association which establish the objects and powers of the charitable company and is governed under its Articles of Association. In accordance wtth the Articles of Association, the members to retire by rotation shall be those who have been longest in office since their last election, and the relevant motion will be put at the Annual General Meeting. A retiring member shall be eligible for re-election. Any person wishing to become a director must apply in writing prior to the Annual General Meeting. A vote is then taken at the Annual General Meeting as to whether that person is appointed. Directors The directors during the year are the same as the directors listed on page 2. Taxation Status The charitable company is recognised as a charity by HM Revenue & Customs. Accordingly, the charitable company has availed of the exemptions contained in Chapter 3 Part 11 Corporation Taxes Act 2010 and Section 256 Taxation of Chargeable Gains Act 1992. Directors, Responsibilities The directors are responsible for preparing the Directors, Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Willowbank Limited (Charitable Company Limited by Guarantee) DIREcfoRS' REPORT for the ear ended 31 March 2023 continued Company law requires the directors to prepare financial statements for each financial year, which give a true and fa ir view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that year. In preparing these financial statements, the directors are required to: select suitable accounting policies and apply them consistentlyi observe the methods and principles in the Charities SORP IFRS102)' make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and expla ined in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small Companies Exemption This report is prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. This report was approved by the Board of Directors on l March 2024 and signed on its behalf by: Registered Office: Willowbank Community Resource Centre Carland Road Dungannon Co Tyrone BT714AA Catherlne Mccrory Director Com Chari an Re istration Number: N1018259 Re istration Number: 101844
Willowbank Limited {Charitable Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS TO THE MEMBERS OF WILLOWBANK LIMITED for the ear ended 31 March 2023 I report on the accounts of the charity for the year ended 31 March 2023, which are set out on pages 2tol7. Respective Responsibilities of Charity Trustees and Examiner As the charity trustees you are responsible forthe preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under settion 65 of the Charities Act; follow the procedures laid down in the general directions given by the Commission under section 6519llbl of the Charities Act; state whether particular matters have come to my attention. Basis of Independent Examinerfs Report I have examined your charity 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 6519)Ibl of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included tonsideration of any unusual items or disclosures in the accounts and seeking explanation from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. that the accounting records were not kept in accordance with section 63 of the Charities Act; that the accounts do not accord with those accounting records- that the accounts do not comply wwth the accounting requirements of the Charities Act. that there is further information needed for a proper understanding of the accounts to be reached. Independent Examinerfs Statement I have completed my examination and have no concerns in respect of the matters111 to141 listed above and in connections with the following directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. l March 2024 Jonathan Ruddell Forand on behalf of Ruddell and Company Chartered Accountants & Registered Auditors 16 Church Street Dungannon Co Tyrone BT716AB
Willowbank Limited (Charitable Company Limited by Guarantee) Company Registration Number: N1018259 Charity Registration Number: 101844 STATEMENT OF FINANCIAL ACTIVITIES includin an Income & Ex enditure Account For the ear ended 31 March 2023 Unrestricted Restrirted Total Unrestricted Restricted Total Funds 2023 Funds 2023 Funds Funds Funds Funds 2023 2022 2022 2022 INCOME AND ENDOWMENTS Charitable Activities (Note 41 Other Trading Activities (Note 41 TOTAL INCOME AND ENDOWMENTS 112,524 28.805 141,329 75,077 187,601 28,805 216.406 104,530 19,879 124,409 65,720 170,250 19,879 190,129 75,077 65,720 RESOURCES EXPENDED Charitable Activities (Note 51 TOTAL RESOURCES EXPENDED 129,192 129.192 69,909 69.909 199,101 199.101 111,984 111,984 78,556 78,556 190,540 190,540 Net Incoming/Outgoing Resources for the Year Transfers between Funds 12,137 -225 5,168 225 17,305 12,425 783 -12,836 -783 -411 Balance Brought Forward Balance Carried Forward 99.877 111.789 13.182 18,575 113,059 130,364 86,669 99,877 26,801 13,182 113,470 113,059 The above Statement of Financial Activities includes all information as required to be disclosed by the Companies Act 2006. All of the activities of the charitable company are classed as continuing. The Statement of Financial Activities includes all gains and losses recognised during the year. The notes on pages 9 to 17 form an integral part of the financial statements.
Willowbank Limited (Charitable Company Llmlted by Guarantee) Company Registration Number: N1018259 Charity Registration Number: 101844 STATEMENT OF FINANCIAL POSITION as at 31 March 2023 Note 2023 2022 FIXED ASSETS Tangible Assets 29.384 32,916 CURRENT ASSETS Receivables Cash and Cash equivalents 6.202 125,295 131,497 3,494 113,670 117,164 Payables: Amounts Falling Due Within One Year 12 -30,517 -37,021 NET CURRENT ASSETS 100,980 80,143 NET ASSETS 130.364 113,059 REPRESENTED BY: Unrestritted Funds Restricted Funds 13 13 111,789 18.575 99,877 13,182 TOTAL FUNDS 13 130,364 113,059 The directors consider that the company is entitled to exception from the requirements to have an audit under the provisions of section 477 of the Companies Act 20061"The Act'l and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The notes on pages 9 to 17 form an integral part of the financial statements. These financial statements were approved and authorised for issue by the Board of Directors on I March 2024 and signed for on their behalf by.. Catherine Mccrory Director Kenneth Ferguson Director
Willowbank Limlted (Charitable Company Limited by Guarantee) Com Re istration Number: N1018259 Chari Re istration number: 101844 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 an I. GENERAL INFORMATION Willowbank Limited is a charitable company limited by guarantee incorporated in Northern Ireland, within the United Kingdom. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charitable company. The address of the registered off ice is as shown on page 2. The cha ritable company constitutes a public benefit entity as defined by FRS 102. 2. ACCOUNTING POLICIES The following accounting policies, as outlined below, have been applied consistently in dealing with items in relation to the charitable company's financial statements. 2.1 Statement of Complionce The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice ISORPI applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 las updated through Update Bulletin I published on 2 February 20161, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Companies Act 2006. 2.2 Basis of Preparation The financial statements are prepared on a going concern basis under the historical cost convention unless othemise stated in the relevant accounting policy. Historical cost is generally based on the fair value of the consideration given in exchange for assets. 2.3 Cash Flow Statement The charitable company has applied Update Bulletin l as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 SORP. 2.4 Income ond Endowments {1} Charitable Activities Income resources from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions. It is recognised as earned as the related services or goods are provided. Grant income is recognised in the statement of financial activities when receivable. Grant income included in this category provides funding to support projects and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. {Ti) Other Trading Activitie5 Voluntary income includes incoming resources from gifts, donations and grants and is recognised in full in the Statement of Financial Activities when receivable. Artivities for generating funds are commercial activities which are recognised as earned when the related goods and services are provided.
Willowbank Limited {Charitable Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 continued 2. ACCOUNTING POLICIES (continued) 2.5 Resources Expended Expenditure is recognised when a liability is incurred. Contractual arrangements and performance related grants are recognised as goods and services are supplied. Where costs cannot be directly attributed to a particular heading, they have been allocated to activities on a basis consistent with use of resources. Staff costs and overhead expenses are allocated to activities on the basis of staff time spent on those activities. (i) Charitable Activitie5 This compromises all the resources applied by the charity in underta king its work to meet its charitable objectives. Charitable activities will include the costs of governance arrangements which relate to the general running of the charity. 2.6 Fund Accounting The charity has two types of funds for which it is responsible at year end: Unrestricted Funds Funds which are expendable at the discretion of the directors in furtherance of the objectives of the charity. In addition, funds may be held in order to finance capital investment and working capital. Restrirted Funds- Income received for specific purposes. Such purposes are within the overall aims of the charity. 2.7 Property, Plont ond Equipment and Depreciation All property, plant and equipment are initially recorded at cost. Cost includes the original purchase price. costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised. Depreciation is provided at rates calcu lated to write off the cost less residual value of each asset over its expected useful life, as follows: Buildings Fixtures, Fittings and Equipment Motor Vehicles 2% Straight Line 25Yo Reducing balance 25% Reducing balance 2.8 Financial Instruments {il Financial Assets Basic financial assets, including trade and other receivables, cash and bank balances and amounts owed by related parties a nd are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using he effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. io
Willowbank Limited (Charitable Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 continued 2. ACCOUNTING POLICIES (continued) If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previousEy been recognised. The impairment reversal is recognised in profit or loss. Financial assets are derecognised when {a) the contractual rights to the cash flows from the asset expire or are settled, or Ib} substantially all the risks and rewards of the ownership of the asset are transferred to another party or Icl despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. (ill Financial liabilities Basic financial liabilities, including trade and other payables, bank loans and overdrafts and amounts owed to related parties are initially recognised at transaction price, unless the arra ngement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Fees paid on the establishment of loa n facilities are recognised as transaction costs of the loan to the extent that it is probable that some or all of the facility will be d rawn down. On this case. the fee is deferred until the draw-down occurs. To the extent there is no evidence that it is probable that some or all the facility will be drawn down, the fee is capitalised as a pre-payment for liquidity services and amortised over the period of the facility to which it relates. Trade payables are obligations to payforgoods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. (iii) Offsetting Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 2.9 Critical accounting judqements and estimation uncertainty Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. li
Willowbank Limited (Charitable Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 Marth 2023 continued 2. ACCOUNTING POLICIES (continued) Criticaljudgments in ¢7pplying the entity's occounting policies There are no critical judgements in applying the charity's accounting policies. Critical occounting estimates and ossumptions There are no actual accounting estimates and assumptions. 2.10 Trade and Other Recelvobles Trade a nd other receivables are inttially recorded at fair value and thereafter stated at cost less impairment losses for bad and doubtful debts. 2.11 Trode and Other Payables Trade and other payables are initially recognised at fair value and thereafter stated at Cost. 2.12 Taxation As a charity, the charitable company is not liable to corporation t3X. 3. GOING CONCERN The company is dependent on Southern Health & Social Care Trust and National Lottery funding. On this basis, a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. The directors have had discussions with both the Southern Health & Social Care Trust and National Lottery and are of the opinion that funding will continue for the foreseeable future to enable the company to discharge liabilities as they fall due. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the discontinuance of Southern Health & Social Care Trust or National Lottery fundin& or its reduction to an inadequate level. 12
Willowbank Limited (Charitable Company Limited by Guarantee) Company Registration Number: N1018259 Charity Registration Number: 101844 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 continued 4. INCOME AND ENDOWMENTS Unrestricted Restrirted Funds Funds 2023 2023 Total Unrestricted Restricted Funds Funds Funds 2023 2022 2022 Totsl Funds 2022 Charitable Activities Southern Health & Social Care Trust Mid-ulster Council National Lottery Community Fund Halifax Foundation DFC Grant 112,524 112,524 104,530 104,530 3,000 56,091 3,501 1,200 1,928 3,000 56,091 3,501 1,200 1.928 62,040 659 62,040 659 300 4,709 1,408 1,961 300 4,709 1,408 1,961 4,000 DFC Grant Community Foundation Arts Council John Moore Foundation Total Income from Charitable Activitles 112,524 75,077 187,601 104,530 65,720 170,250 Unrestricted Restricted Funds Funds 2023 2023 Total Unrestricted Restritted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Other Trading Attivities Room Hire Services Support Services Lunches & Catering Shop Other Income- Donations & Sundry Income Total Income from Other Trading Activitles 1,108 23,017 1,344 352 1,108 23,017 1,344 352 450 15,026 768 410 450 15,026 768 410 2,984 2,984 3,225 3,225 28,805 28,805 19,879 19,879 13
Willowbank Limited (Charitable Company Limited by Guarantee) Company Registration Number: N1018259 Charlty Reglstration Number: 101844 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 continued 5. RESOURCES EXPENDED Unrestrlcted Restricted Funds Funds 2023 Total Unrestrirted Restricted Funds Funds Funds 2022 Totsl Funds 2023 2023 2022 2022 Charitable Activities Wages and Salaries Staff Pension Training and Cost of Projects Rent Payable Insurance 65,763 4,215 491 59,473 125,236 4,215 5,074 30,756 1,649 1,672 4,164 687 406 50,062 3,463 65.247 115,309 3,463 2,701 33,552 1,340 1,262 5,151 1,119 500 4,583 3,273 2,701 27A83 1,649 1,672 4,164 687 27,748 1,340 1,262 5,026 552 Cleaning & Laundry Repairs and Maintenance IT and Equipment Costs Printing, Postage, Stationery and Advertisin Telephone Travelling and Transport Administration and Support Bank Charge5 Independent Examiner's Remuneration Professional Fees Depreciation General Expenses Light & Heat 125 567 91 315 500 1,426 10,437 468 IA26 10,649 468 745 745 212 11,9M 1,907 251 11,944 1,907 251 277 277 2,400 2,400 1,800 1,800 875 875 1,479 2,053 3,532 1,702 567 2.737 4,439 567 5,802 5,802 3,615 3,615 Total Resources Expended 129,192 69,909 199,101 111,984 78,556 190,540 14
Willowbank Limited (Charitable Company Limited by Guarantee) Company ReEiStration Number: N1018259 Charity Registration Number: 101844 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 continued 6. NET INCOME/EXPENDITURE FOR THE YEAR Net Income/Expenditure is stated after charging: 2023 2022 Depreciatioii Independent Examiner's Remuneration 3,532 2,400 4,439 1,800 7. STAFF COSTS AND EMPLOYEE BENEFITS The average number of persons employed by the charitable company during the year was 912022.. 81 The total staff costs and employee benefits were as follows.. 2023 2022 Gross Wages and Salaries Social Security Costs Staff Pension Costs 107,086 18,150 4,215 129.451 100,823 14,486 3,463 118,772 No employee of the charitable company received total employee benefits of more than £60,000. 7.1 Directors, Remuneration The directors received nor waived any remuneration or any other benefits during the year and no reimbursements of expenses incurred. 15
Willowbank Limited (Charitable Company Limited by Guarantee) Company Registration Number: N1018259 Charlty Registration Number: 101844 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 continued 8. TANGIBLE ASSETS Buildings Fixtures, Fittings & Equipment Motor Totsl Vehicles C05t At 31 March 2022 40,578 70,258 34,795 145,631 Additions At 31 March 2023 40,578 70,258 34.795 145.631 Depreclation At 31 March 2022 Charge for year At 31 March 2023 18,543 812 65,570 1,172 66.742 28,602 1,548 30,150 112,715 3,532 116,247 19,355 Carrying Amount At 31 March 2023 21,223 3,516 4,645 29,384 At 31 March 2022 22,035 4,688 6,193 32,916 9. RECEIVABLES 2023 2022 Grants and Trade Receivables Prepayments and Accrued Income Other Debtors 2,453 1,230 2.519 6,202 797 2,697 3,494 10. PAYABLES: AMOUNTS DUE FALLING WITHIN ONE YEAR 2023 2022 Trade Payables Deferred Income 28,477 34.382 959 1,680 37,021 Accurals 30,517 16
Willowbank Limited Icharitable Company Limited by Guarantee) Company Registration Number: N1018259 Charity Registration Number: 101844 NOTES TO THE FINANCIAL STATEMENTS For the ear ended 31 March 2023 continued 11. ANALYSIS OF NEf ASSErs Unrestrirted Restricted Funds Funds Total Funds Fixed Assets Current Assets 23,226 119,080 -30,517 111,789 6,158 12,417 29,384 131,497 -30,517 130,364 Current Liabilities Net Assets 18,575 12. FINANCIAL INSTRUMENTS 2023 2022 Carrying Amount of Financial Assets Debt Instruments Measured at Amortised Cost Carrying Amount of Financial Liabilites Measured at Amortised Cost 28,477 34,382 13. ANALYSIS OF FUNDS Opening Balan In¢ome-"xpenditure Transfer Between Closing Balance Funds Big Lottery Fund Wolfson Foundation The Honourable Irish Society Advoacy Southern Health & Social Care Trust Awards for All Halifax 1,093 6,193 297 -274 819 -1,548 -74 4,645 223 65 -16 49 563 -141 422 4,964 62,040 659 -58,972 -659 231 8,263 DFC 300 -300 DFC 4,709 1,408 1,961 4,OCN) 75,077 -4,709 -1,409 -272 Community Foundation Arts Council John Moore Foundation Totsl Restricted Funds 1,689 2,465 18,575 -1,535 69.909 13,182 225 Unrestricted Funds 99B77 141,329 -129,192 -225 111,789 Total 113,059 216.406 -199,101 130.364 14. CONTINGENT LIABILITIES A contingent liability exists to repay grants received should certain conditions not be fulfilled by the charitable company. 17