The Brain Injury Foundation STATEMENT OF FINANCIAL ACTIVITIES for the financlal.ygar8nded31 March 2023 Unr8Strlcted Regtr1th6d Funds Funds 2023 1023 Tot#1 Unre¥lrfcted Restrltrtè'd Funds Funds 2022 Totsl 2023 NotOS Ineomlng R¢sources Voluntary Ir1m& Charffable a¢i*i Itl¢s - Grants from gov8rnment8 and othar cOknfund8r8 Activlties for generatlng 20,9ga 2Q,950 g,118 2,&88 175,g53 178,941 2,235 189,23T 191,466 2,213 (1031 TotaT IncDmlng resour¢e$ 26,151 175,850 Z02,D01 189,151, 204,686 Re8ourco8 Expended Ralsing fund$ Charltable a¢livltl88 81,761 11fj,784 72,592 85,827 72.592 Total ResoUr¢O5 gxpendéd 198,545 158,219. 158,219 N6t Incomlngloutqolng resovrc08 be.fore transfers Gross transfers betwgen funds 26,151 (22,695} 35456 Ilét ffiovekllént In funds for tbe flnanclal yeat 26,151 ¢22,695) 30,9.32 4.6,467 BoGonclllatlon Of funds 8alan¢es brought fovNarO'gt 1 April 2022 12 11Q,598 430,543 541,131 95,053 39g,611 4Y4,eÈ4 Balanca3 carrlod forward at31 March'2023 130,739 407,848 110,58& 430,543, 541,131 Tha Statsrnent of Flnatt¢191 Actlvi'lles Includes #ll gaTn8 and lasses recognisod In tha Ilnanclal year. All In<om9. and qxp@ndilurtr. rÈlatè.to contlnulng ectlvltlès, The notes on pages 10 li) 14 fonn part of the ffn8ndat statements
The Braln Injury Foundation BALANCE SHEET as at 31 Match Z023 2022 Not6S Flxéd Assets Tanglbl8 a8$9ts 422,B1.0 414,490 Current Assets Debtors ash at bank and. In ban.d 119,614 135,478 127,824 135,478 Crddlttsrs.: Amounts.falllng duo wlthln One yeat (6,047) 121,-77,7 (8,837) 128,641 Not curran.t As5et8 Total A888t8 1088 currgnt Llabllitl08 544,587 541,111. Restrlctad trust funds Gèrteral fuhd {untostrl¢ted} 407,848 .136,73g 430,543 110,588 Total fundg 12 544,587 541,431 Approved by the Èoafd, of Trustee* and a(Ithorlsod for lasuo on 23 Jun? 2023 and slgned on Its bghalf by Bronach Rooney Frank Doiagh Trusteo The ijales on pages 10 to 14 forni part of tho flnanclal slalements
'rhe Brain Injury Foundation NOTES TO THE FINANCIAL STATEMENTS forthofinanclal yoar 8nd8d 31 March 2023 tsENERAL INFORMATION Tha Brain InJury FL)undallorY Is. a charfty incorporated In Northern Iraland. The reglslered ofRc6 of th8 corrtpany is 23 Ngwry RoAd. Camlough, Newry, Co, Down. wr35 7JP, Northern Ireland which Is also the prtn¢lpal place of buslness of the company The flnanclal slataments have baen pr8s0nted In Pound Sterling (£) whlch,18 also the fiJnctlon81 currency, of the company. SLIMMARY OF SI.GNIFICANT ACCOUNTING POLICIES The followlng aOntIng pollcles bave b9en appli6d con8lslently In deallng wllh Item8 whlGh are Gonsldgred malarial In rBlalton to Ihg Charlty's flnancial stdtemontg. Basls of preparatlon Tha fin8nclal ststempnts have been pr@par8d On the galng concerrt bas18 Undqr thè, hletorl¢81 cost convat7tlDn, rnodlfigd lo InGILtde certaln Items at falr. value, Thè flnanclal &lal8ments heva boen prapared In accordance wllh the Sfatemtsnt of Recommend'ed Practic8 (SORPJ "Accounllng 8nd. R&portJng by Charfeas praparfng th81r account8-In a¢Gord9nce wllh Ihe FlnanGlal R¢portlng Skndard oppllcable in thfj .LiK and .RfjpubllGoflreland FRS 102" A$, Pérmltt8d b.y th.& Companle8 Ael 2oa6, thé charfty ha8 varfed the standard fomats In that 8ot-for the Statement of Flnan¢lal Actlvltlea and tha Balanca Shoet. Departures from tha standard formals, ara to, comply Wllh tha raqu1MentS of the ¢hqrltlps SORP and ar8 In complldryce wlth 88ellon 4.7, 10.6 and 15,2, of tbat SORP, St4t0ment of éomkiianca Th8 flnanGI81 statèm8nls of th8 charity for th& flnanclal year end8d 31 D8cemb8r 20t7 hsv8 been preparad on th8 golng concern basls and In accordoncg WSlh tha Staterrtent of Recommendgd Pracllce {SORPI "Accounllng and R8POrting by Charlt16s preparlng thelr accolJnts In eccordancq wllh the Flnan¢io1. Repodno Standard appll¢abl8 In tha UK and Republlc of Ireland F.RS 102." Incomlng Ra$our¢e8 VolunAary Income or capital 18 Includad In th8 Statemgnl of Flnanc181 Actlvllles when th8 charlty Is legally entltl&d la It, Ils flnanclal value can be quanlfflgd TNllh reasoneble certainty and there Is rea8¢nable certalnty of It8 Ulllmatg r8celpt. Entillemant lo legacles is considored e8tabllshed when th# charly ho8 been nolifiè¢ of a dlstdbutSon to be mad6 by the 8xeGutors. Incomg recelv&d In advance of due perfomiance undgr a contract18' 8ccountecl for as deferred In¢om8 untll ¢arMed. Grants for a¢livllles, are rÈ¢o9nlsed a8 Income when the ralated condlllons for legal sntitlement have boen mpt. Air othèr Income Is acÈounled for on 8rt a¢¢rual8 bast3, Resources Expended All r880ur¢e8 expended arè accountad for on an accruals bas18. Charltabl¢ actlvltles Include costs of 8ervlcgS qnd grants, support costs and depr8clallon on related assets, Costs. of gpneotlng funds 81mllarly Include fundralsing actlVlUes. _Non-staff ¢osts not attrlbuled to on& Category of actlvlty are allocatèd ar apportloned pro-t8ta to the staffing of the rÉievant servlG8. Flnance, HR, IT and admlnlsltsllve 8taff costs ar& dlreclly attrlbutable to Indlvldual acttvltles by objecllva. Gov6rnancg costs are those 2s$oclated wlfh ¢on8lltutlonal and 61alutary requlrément&. Tanglhle flxed a$$et6. and dapre¢latJon Tanotble ffxtd ass8ts are stated at Cost Dr at valuatrort, le8$ accumulated d6pre¢latlon. Th& charg8 to depre.clatson18 Q41culated to wrfte off the orlglnal cost or valuatlon of tanglble flxed assets,186g thplr ègtlmated rosldual valua, over thelr expectad Ltseful IIv68 as ftjllowg: Land and buJLdlng6 freehold P18nt and machlnery Ftxtureg, nttlng8 and gqulproent Dobtors Debtors ar& recognis8d at the settlemgnt amount du8 after any dlscount affgrdd. Prepayments ar8 valued ot the amount prepald net of any trade dlscaunts due. Income recognlged by the Gharlty from 9ovomment agencleg and other CO¥funders. but not yét reGaed atyegr end,15 Included In debtors. Cash at bank and In hand Cash at bank and Ir1 hand comprisgs cash on doposll at bankg r8qulrfng less than threg months notice of thdrawAI.
The Brain Inlury Foundation NOTES TO THE FINANCIAL STATEMENTS conllnugd for the finan¢ial year onded 31 MarGh 2023 Taxatlon and deferred taxation ND curr8nt or deferr8d taxation aris8s as th6 chartly has been grants.d Gharltahle 8xgmpllDll, Irtecoverabl8 valued add&d tax is expen56d as Incurred. INGOME DONATIONS AND LEfjACIES Unrostrl¢ted Restrlcted Funds Funds 2023 202Z Dnnatlons, Charltabl8 &. Local Glvlng 2U,950 20,950 9,118 CHARITABLÈ ACTIVITIES Unrastrlcted Rostrfc*8d 2022 Mernbershlp Fo&$ Government Grants 2,988 2,988 175,953 175,953 189,231 2,988 175,953 178,944 191,468 OTHER TRADING ACTIVITIES Unrestrl¢tèd Rostrlcted Funds FundB 2023 2022 Fundra161n9 & Rallles Sale of Good8 q,614 59g 1,511 599 1,737 2,213 (1031 EXPENDITURE RAISING FUNDS Dlroct C08t8 oth8r Cosfa Support Cost&. 2028 2022 Fundralsing Casts Adv8rt1sing, Markgtlng & Other Staff Tralnlng Consul,lancy Feès Audll Fe6 78,003 1,820 78,903 1,620 711 1,927 .600 3,306 711 1,927 800 940 78,523 3,238 8f,781 72,592 CHARITABLE ACTIVITIES Dlr8Gt Costs Other Co8t8 Support Costs 2023 2022 Water Aeroblcs, Art, Pilatss & Olh6r R88plte Costs Rent, Rat98 & Insurancg Llght & Haat. Prlnt, Post, St8llonery & Other Telephone & FaK. Computsr Costs R8pair8 & Malntenanc8 Benk & Flnancl?I Charges 44,658 28,476 44,858 28,476 11,333 8,135 4,23$ 2,233 925 18,727 84 38.915 15,772 18,213 4,704 11,333 8,135 4,233 2,233 928 3,289 3,999 80 64 73,134 43,650 118,Y84 11
The Braln Injury Foundation NOTES TO THE FINANCIAL STATEMENTS conlirtued for th8 fin8ncial year gnded 31 M8rch 2D23 SUPPORT COSTS. Cost of Charltable Ra151Dg Actlvltlos Funds" 2023 2022 CDmput8r SoftwFJre Co&ts T818phon6 & Fax ank & Flnanca Charges Prlnt, Post & Slatlonery Rgnt, Rates & Insuranc Salarles,wag8s and related co$ts Llght& Heat A¢countancy SeNIG¢8 Legal and ather profèsslonal fegs Repalrs. & Malntenanc9' 925 2,233 04 4,233 11,333 925 2.233 84 4,233 11,333 3,288 80 4,392 13,213 8,135 600 1,927 600 1,927 16,727 940 3,203 3,9g9 3,238 43,650 48,888 36,528 ANALYSIS QF SUPPORT COSTS 2023 2022 Computer Software Costs Telephone & Fa¥ Bank & Flnance Charges Prlnt, Post & statlonery Rent, Rates & In8Ltranc8 Salarles,wag@$ and relatpd costs Llght & Heat Accountanw $ervice Legal and other professlonal feaa Repalr8 & Malntenance 925 2,233 1,264 3,288 80 4,392 13,213 1,445 4,704 940 3,2a3 4,233 11,333 711 8,135 600 1,927 16,727 40,888 36,528 INTEREST ÈAYABLE AND SIMILAR CHARGES 2023 2022 On bank loans and overdrafts TANGIBLE FIXED ASSETS Land and bulldlng8 fraehold Plant and Flxture6, rnachlnèry flttlngs and equlpmont Total Cost At 1 Aprll 2022 Addltions 350.414 31,878 8,820 32,200 414,490 8,320 Al 31 March 2023 350,414 38,496 33,900 422,810 Ngt book value At 31 March 2023 350,414 38,496 33,900 422,810 Al 31 March 2022 350,414 3.1,876 32,2QO 414,490 DEBTOR5 2023 2022 Trada d6btors 8,210 12
The Brain Injury foundation NOTES TO THE FINANCIAL STATEMENTS cnntlnuèd for the financlal year ended 31 March 2023 CREDITORS Amounts falling due wlthln one year Trade ¢redllors 'Taxatlon and soclal 8ecurlEy costs (.NDte 11) Accritals and dBfgmd Income 2022 4.086 1,421 540 5,576 2,063 TAXATION AND SOCIAL SECURITY 2023 Credltofs: PAYEI NI 2,Q63 11. RESERVES 2023 2022 Al 1 Aprll 2022 Surplus for the flnancial year 541,131 3,458 494,663 48,488 At 31 March 2023 544,5B7 541,131 12. FUNDS 12,1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrf¢ted R08trlctod Funds Funds Funds At1 Aprfl 2021 Movén)ent durtng the lrtanclql y¢ar At 31 March2022 Movement durlng the flnancial year 95,053 15,535 399,611. 3J,932 494,864 46,46T 110,588 430,543 {22,695}. 541,131 3,456 At 31 Marcll 2023 136,739 407,848 12,2 ANALYSIS OF MOVEMENTS ON FUNDS Balanc8 l Aprll 2022 Incoma Expendlture Transfers between Balanca 31 March 2023 Restrlcted funds Spac& & Place Unre$trlcted fttnds 8raln Injury Foundatlon 430,543 175,953 198,648 407,848 110,588 28,151 136,739 Total funds 541,131 202,104 198,a48 544,587 13
The Brain Injury Foundatlon NOTES TO THE FINANCIAL STATEMENTS continued for th£ finanGlal year ended 31 March 2023 12.3 ANALYSIS OF NET ASSETS BY fuND Flxed Currant 358etx Current Ilablliues Total charlty use Reslrlcted trust fundg 422,8TO 422,810 UnrestrlCtg(f g8neral fvnds 127,824 (6,047) 121,777 422,810 127,824 {&,047) 544,5B7 POST-BALANCE SHEET EVENTS Thera have bèen no slgnlflcEnt gvents affocltng Ih9 Gharity 8ln¢e the financlal yeaf-8nd.. 14