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 1 **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 2 ## **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 3 ## **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)| |---|---|---| 4 ## **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 5 ## **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| 6 ## **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 7