Registered number NIC102006
INSIGHT
Unaudited Abridged Report and Accounts
31 March 2023
INSIGHT Company Information
Committee Members
Gerard Brennan (Deceased) February 2023 John Richardson (Treasurer) Hilda Irwin (Secretary) Norman Hutchinson (Vice Chairperson) Brian Simpson (Chairperson)
Secretary
Hilda Irwin
Accountants
A McCrory & Co Limited 15 Molesworth Street Cookstown Co Tyrone BT80 8NX
Bankers
Ulster Bank Limited 20 William Street Cookstown Co Tyrone
Registered office
32 Gortacar Road Sandholes Cookstown Co Tyrone BT80 9DB
Registered number NIC102006
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INSIGHT Registered number: NIC102006 Treasurers' Report
The directors present their report and accounts for the year ended 31 March 2023.
Principal activities
The company's principal activity during the year continued to be giving support and information to visually impaired people and those who care for them.
Trustees
The following persons served as Committee Members during the year:
Gerard Brennan (Deceased) February 2023 John Richardson (Treasurer) Hilda Irwin (Secretary) Norman Hutchinson (Vice Chairperson) Brian Simpson (Chairperson)
As the charity's treasurer I am responsible for the preparation of the accounts. The Management Committee have considered that an audit is not required for this year under section 65(2) of the Charites Act (Northern Ireland) 2008 and that a qualified independent examination has been appointed to ensure that Insight are preparing accrual accounts.
Third party indemnity provisions
The Trustees consider that in preparing the financial statements they have taken into account all information that could reasonably be expected to be available. On this basis, they considered that it is appropriate to prepare the financial statements on the going concern basis. This assumes that either the fund raising is continued by the charity or that the trustee's alternative plans are successful. The financial statements do not include any adjustments that would result if the fundraising was unsuccessful.
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 13 September 2023 and signed on its behalf.
John Richardson Treasurer
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INSIGHT Accountants' Report
Accountants' report to the trustees of INSIGHT
I report to the trustees on my examination of the financial statements of Insight (2the charity") for the year ended 31 March 2023.
In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65 (9)(b) of the Act. You consider that the company is exempt from an audit for the year ended 31 March 2023, under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its surplus or deficit for the financial year.
In accordance with your instructions, we have examined the accounts in accordance with the general Directions given by the Charity Commission for Northern Ireland and is in accordance with regulation 11 of the Charites Accounts which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the examination and reviewing the accounting records of the charity 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 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 fair view' and the report is limited to those matters set out in the next statement.
In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 63 of the Charites Act 2008 and section 44(1)(a) of the 2006 Act and Regulation 4 of the 2006 Accounts regulations and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charites Act 2008 and section 44(1)(b) of the 2005 Act and Regulation 8 of the 2006 Accounts Regulations have not been met or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A McCrory & Co Limited
15 Molesworth Street Cookstown Co Tyrone BT80 8NX
13 September 2023
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INSIGHT
Income and Expenditure Account for the year ended 31 March 2023
| Income Cost of income Gross (deficit)/surplus Administrative expenses Operating (deficit)/surplus (Deficit)/Surplus (Deficit)/Surplus for year |
2023 £ 316 (1,691) (1,375) (1,456) (2,831) (2,831) - (2,831) |
2022 £ 728 (25) 703 (806) (103) (103) - (103) |
|---|---|---|
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INSIGHT Registered number: NIC102006 Balance Sheet as at 31 March 2023
| Notes Fixed assets Tangible assets 3 Current assets Cash on Hand 4 Cash at bank Net Current Assets Net Assets Capital and reserves Income and Expenditure Account Shareholder's funds |
18 2,654 2,672 |
2023 £ 1,792 2,672 4,464 4,464 4,464 |
103 5,400 5,503 |
2022 £ 1,792 5,503 7,295 7,295 7,295 |
|---|---|---|---|---|
As the charity's treasurer I am responsible for the preparation of the accounts. The Management Committee have considered that an audit is not required for this year under section 65(2) of the Charites Act (Northern Ireland) 2008 and that a qualified independent examination has been appointed to ensure that Insight are preparing accrual accounts.
The accounts have been prepared and delivered in accordance with the section 65 of the Charities Act and follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
John Richardson Treasurer Approved by the board on 13 September 2023
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INSIGHT
Statement of Income and Expenditure for the year ended 31 March 2023
| **Unrestricted ** | **Restricted ** | Endowment | Endowment | Total | Total | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| Income | ||||||
| Membership Fees | - | - | - | - | - | |
| Donations | - | - | 728 | |||
| Fundraising | 316 | 316 | - | |||
| Cost of Income | 1691 | 1691 | 25 | |||
| Expenditure - Grants | 180 | 180 | 0 | |||
| Premises Costs | 0 | 0 | 0 | |||
| Administration/Prof Costs | 1276 | 1276 | 806 | |||
| TOTAL EXPENDITURE | 3,147 | - | - | 3,147 | 831 | |
| Net Movement in Funds | (2,831) | - | - | (2,831) | (103) | |
| Total Funds Brought Forwards | (804) | 8,099 | - | 7,295 | 7398 | |
| Total Funds Carried Forwards | (3,635) | 8,099 | - | 4464 | 7295 |
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INSIGHT
Notes to the Accounts for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared and delivered in accordance with the section 65 of the Charities Act and follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
Income
Income is from Membership Fees, Donations, Fundraising and Grants.
Tangible fixed assets
Tangible fixed assets are measured at cost less any Grants received.
| 2 Employees Average number of persons employed by the company 3 Tangible fixed assets Sports Equipment £ Cost At 1 April 2022 1,083 At 31 March 2023 1,083 Depreciation At 31 March 2023 - Net book value At 31 March 2023 1,083 At 31 March 2022 1,083 4 Cash on Hand Cash |
2023 Number - Computer £ 709 709 - 709 709 2023 £ 18 |
2022 Number - Total £ 1,792 1,792 - 1,792 1,792 2022 £ 103 |
|---|---|---|
5 Other information
INSIGHT is a support group and registered as a Charity in Northern Ireland. Its office is: 32 Gortacar Road Sandholes Cookstown Co Tyrone BT80 9DB
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