INSIGHT Unaudited abridged report and accounts for the year ended 31 March 2024 Registered Charitv1¥40.: NIC1021)06 IN.S'ICiHT Unuuililedfinfinciul 31rttemenh.fur /he}￿Or enéled 31 Mdnh 2024 Contents Page (s) Charity in*ormation Trusl¢c% annual report Independent ¢Yamin¢r.s r¢port Statement of Financial Activities and Statement of Conipreheiisive Incoine Statement ot FinanLial Posilion NotLs to thc financial statements IIV.SICIHT UnrtuilileilfinanL'i111 stéitementJfiir the.i?edr ended 31 Miiri"h 2024 Piige I Charity information C,ommittee Members Accountants Brian Simpson (Chairperson) Nomian Hutcliinson (Vice Chairy)erson) Hilda Irwin (ScLrctary) John Richardson (Treasurer) L PottLr Chartered Accountant Cookstown Secretary Bankers Hilda Irwin Ulster Bank 20 Willian Strect Cookstown Registered Office 32 Gortacar Road Sandholcs Cookstown BT80 9DB JN.SIGHT Un4Hdile(IfinanciIil.￿ftfc1lIe￿l.%fUr ihe iyeur endeil 31 Mdn.h 2024 Piige 2 Trustees, Annual Report Introduction This is the annual report of the Trustees of INSIGHT (NIC 102006) for the financial year from I April 2023 to 31 March 2024. INSICJHT is gyoverned by its Constitution datingT from its inceptton. The charity is manabFed by a ¢omn]ittcc of trustccs. which inccts on a iegular basis. Purpose of the Charity. Th¢ Insight group ineets on the first Monday of every inonth. At our inonthly m¢etings we have speakers to provide u8 Wlth siipport. infonnation and servicc% pertincnt to blind and partially 4ightcd people aiid thcir carers,. Wc provide transport to and from these mcctings to help eradicate soctal isolation. We offer inforniation, sUPPOrt and advice to blind and partially sigtrhted people and their carers, throughout thc Maghcrafclt and Cookstown Council Di.stricts. Activities We produce a quarterly newsletter for blind and partially sightcd people in Mid-ulster. This provides blind and partially SigFhted people with up to date infomiation in an accessible fomiat on issucs. services and updates on thc Insight group. We nctworkiiig cvcnts for blind and partially sight¢d pcople from across thL North¢rn Board. Wc also try to run day trips and oiir members decide the destination for these trips. We have a Boccia group to pmN'idc a phy%ical activity once pcr month for those who wish to participate. We att¢nd local con%ultation% rcgarding disability i5SilCS to cnsurc the voic¢ of thc visiially impair¢d coinmi￿ity is hcard. Member3 take part in pmviding Visual Awareness Training to organisations throughout the Mid-Ul8ter aKa. Conclusion In prcparing this report the Trustees of INSIGHT hav¢ had du¢ regard for thc guidance on piiblic benefit from th¢ Northern Ireland Charity C.ominis%ion and other documentation produced by tbe Commissioll and ar¢ of thc view that the group is operating in t.ull complianLe with its duties as a ¢liarity. Signed on behalf of th¢ trustees on ? December 20?4 John Richardson Treasurer IN,SICwHT Unau¢lileilfin(InL'iul.$lrtlenients'fur theyeur ¢nded JI Mdreh 2024 Page 3 Independent examiner's report to the charity committee members of INSIGHT I report on the accounts of the charity for tlje year elided 31 March 2024, which are set out on pag¥es Respective responsibilities of charitv member5 and examiner A.5 th¢ charity's members you are r¢sponsiblc for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to". eX￿nIn¢ the accounts under section 65 of the c.harities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ircland under section 65(9Kb) of the Charities Act state whether particular malters ljave come to my attention. Basis of independent exAminer's report I have exainined your charity accoiiiits as required under section 65 of the Charities Act and my examination was carried out in accordancc with ihe gcneral Directions given by the Charity Conmiission for Northern Ircland under sectloll 65(9Xb) of the Charities Act. The examination included a rcvicw of the accounling records kept by the charity and a comparison of the accounts presented with those Tccords. It also included con.4ideration of any unusual items or dis¢losurcs in thc accounts, and sccking explanations from you as charity mcmbers concerning any %uch marters. My role is to state whether any Anaterial matters have come to niy attention givAng me cause to bclievc: l. That accounting rccords were not kcpt in accordance with Scction 63 ot" th¢ Charitics Act 2. That the acLouiits do not accord with those accounting records 3. That the account5 do not comply with the accountingv requirements of the Charities Act 4. That thcre is fiirtli¢r infonnatioii nccded for a proper undcrstanding of thc accoui)ts to be reached. Independent examiner's statement I have compl¢ted niy examination and have no concfflis in respect of the matt¢Ts { l ) to (4) listed abovL and. in connection with following th¢ dircctions ot" the Charity Coinmission for North¢m Ireland, I have found no matters that require drawing to your attention. Linda Potter Bsc ACA FCA tookstoivn 2 December 2024 IN.S1(THT Unauthledfinlincial.￿￿lCiIicllh.fvr iheyeur enileil 31 Murch 2024 Page 4 Statement of Financial Activities and Statement of Comprehensive Income Notes Unrestricled Funds Restricted funds Total 2024 Total 7023 Jn¢oming resources Intyome from fi￿dITrg bodies Income from chartthble &Ltivities TotY41 incoming resources 685 685 316 316 Resources expended Direct charilablc Lxpenditure Management and administration Total resources expended 1.541 276 1.817 1.541 276 1,8] 7 2.843 304 3,147 Taxation l%et moTrement in funds Oth¢r comprLhensiv¢ inLome for thc year Total comprehensive income for the year (1,132) (1.132) 12.831) (1.132) (1.132) (2,831) Reconeiliation of movement in funds At l April ?023 Nel movenient in fiinds for the ye At 31 ,March 2024 {3,635} {1,132) (4,767) 8.099 4.464 (1.132) 3.332 7,295 {? 831) 8,099 All amounts above relate to the continuing operntions of the Charity. Th¢re is no difference between th¢ net movement in funds for the year stated above and their historical cost cquival¢iJts. The notes on pages 6 lo 7 form part of these tinancial statements IN,SIGHT Undudileilfindnc'iul.slaleHienl&f¢pr iheyeor enileil 31 Murch 21124 Piige .% Statement of Financial Posltion 2024 20?3 Fixed assets Tangible as8ets 1,792 1,792 Current assets C2L%h on hand Cash at bank 18 1,522 1,540 2.654 2.672 Creditors: amoiinls falling due within on¢ year Ilet current assetsl(lixbilities) 3,332 4,464 Net aSset￿(lIabilIt￿e51 3J32 4,464 Funds employed 'Unre8trtLtcd funds 'RLStri¢t¢d funds (4.767) 8,099 3J32 (3,635) 8,099 4.464 Th¢ management cominittee acknowl¢dg¢ their responsibilities for ensuring that: the Charity keeps accounting records which comply with Section 65 of the Charilies Act and follow tlie procedur¢s laid down in the g7eneral directions given by the Charity Commission for Northern Iwland under section 65{9)(b) of thc Charities A¢t' and the Charity does not requir¢ an audit thts year under Section 65(2) of the Charitiei Act (NorthLrn Ireland) 2008 and that a qualificd indepL'ndLnt cxamination ha% bcen appointcd to ensure that Insigyht are preparing accrual account8. The financial statemeiits on pages 4 to 7 were approved and aiithorised for issue by the Board of Committee Members on 2 December 2024 and ivere signed on its behalf by: John Richardson Treasurer The note.s on pog¢s 6 10 7 forn] part of these ftnancial 8tatemenL8 IN.S'ICiHT UnuHilitedfinan¢'iul,stutcnienl.%for Ihe Jieiir eniled 31 Man'h 2024 Pnge 6 Notes to the financial statements l. Principal accounting policies Ila.si.i i)facLc)untinx The fil￿ncIal statements of INSIGHT were approved for issue by the Board of Comniittee Meimbers on 2 Dcccmbcr 2024. The financial statcmcnts havc bccn prcparcd in accordancL' with S(xtion 65 of the Chariti¢s Act and fouow thc procedurcs laid down in th¢ g¢neraJ directions given by the Charity Commi8sion t.or Northern Ircland under SL'Ction 65{9){b) of the Charilies Act. The financial statements arc prepared in sterlillg which is th¢ fiujctional currency of the Charity. Thc financial statcmcnts havc bccn prcparcd in accordancc with thc rccoiiimcndations Lontaincd in the Statement of Reconunended Practice ("SORP") "AccountingF by Charities" Kejp dcLuiintinA'pvliL'ies Income All llicoming resources arc recognised in the Stateinent of Financial Actii"iti¢s when the condÈtioh'S foT receipt have b¢¢n met and there is reasonable assurance of receipt. When an incomingF resOu￿e rclating to a futurc accoiinting pcriod is reeeived, the amount is treated as d¢f¢rred income and it is included wtthin creditofa in the balanc¢ sh¢ct. Capitiilgrnnts Prior to adoption of the SORP, grants" specifically for capitsl expendilure were credited to a deferred credit account and relcascd to income and expLnditure ovLr thc cxpcctcd uscful lives of thc rclatcd assets. In accordance WAth the SORP, capAtal grants receivable are r¢cognised immediatrly in tbc Statement of Financial Activities unless they are restricted to future ￿coUntIng perTods or inay bccome rcpayabl¢ under thL tcrrns attachcd. Fun41.1 INSIGHT has various types of funds for which it is responsible and which require separate disclosure. These ate as folloiys: restricted incomc ftlnds: incoine which is eamiarked by the donor for specific purposcs. Such pu￿oscS arc within the overall aimb of the Charity; unrestricted funds: ￿ndS which are expendabl¢ at the discr¢tion of the committee in furtherance of the objects of the Charity. Such funds may be held in order to finance apital investsnent and working capital. Maniigemenl and éidminiilration Lo.%t.I Management and adininistration co.sts rclate to thc costs of running the Charity sucli as tlic costs of nieetÉngs. accounting and statutory coinpliance and include any costs which caniiot be specifically idLntificd to another expcnditurL' cla%4ification. IN,SIGHT UnuHdiledfinan<'iul P*luleiiienlsfur theyeur cnded 3] March 2024 Piige 7 Notes to the financial statements (continued) 2. Analysis of total resources expended Stydff costs Depreciation Other ¢osts Total 2024 Total 2023 Dir¢ct ¢haritabl¢ ¢xp¢nditur¢ Managcment and admini5tLation 1.541 276 1,817 1.541 276 1.817 2,%43 304 3,147 3. Employee information The average iiumber of P¢Tsons ¢nJploy¢d by tlie C,harity during tlie year was: 2024 'umber 2023 Number actAI'ity Administration i'odiiction 2024 2023 Staff cost5 (for the above persons) Wages and salaries Soci