REGISTERED COMPANY NUMBER: N1031482 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC102040 ort of the Trustees and Financial Statements for the Year Ended 31 March 2024 for Ball been Women's Centre Limited Acom Limited b Guarantee Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE
Ball been Women's Centre Limited Contents of the Financial Statements for the Year Ended 31 March 2024 Page RefereDce and Administrative Details Report of the Trustees Report of the Independent Auditors 10 to 13 Statement of Financial Activities 14 Statement of Financial Position 15 Statement of Cash Flows 16 Notes to the Statement of Cash Flows 17 Notes to the Finan¢Aal Statements 18 to 31 Detailed Statement of Financial Activities 32 to 33
Ball been Women's Centre Limited Reference and Administrative Details for the Year Ended 31 March 2024 TRUSTEES Hazel Mcclean Carol Morrow COMPANY SECRETARY Sandra Hayes REGISTERED OFFICE 34 Ballybeen Square Dundonald Belfast Co. Antrim BT16 2QE REGISTERED COMPANY NUMBER N1031482 (Northern Ireland) REGISTERED CHARITY NUMBER NICI 02040 AUDITORS Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE SOLICITORS I CEO Michael Andress & Co 961 Upper Newtownards Road Dundonald Belfast BT16 IRL Chief Executtve - Tanya Hughes BANKERS Ulster Bank Arches Retail Park Connswater Belfast BT5 4AF
Ball been Women's Centre Limited ort of the Trustees for the Year Ended 31 March 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accouiits in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Ballybeen Women's Centre is a charitable, voluntary organisation committed to the personal and social development of women, young people and pre school children and aims to address the educational, social and health needs of its users. The key aims of the organisation are: To promote active citizenship and seek to improve the quality of life for women and fainilies in the area. To promote the pliysical, emotional, social and educational development of infants and young children, in a safe, secure and caring environmeiit. To promote the value of education and training amongst women in the area and to encourage their participation in such programmes. their progression on to further training / education. and their return to the labour market. To promote health and heighten awareness of health issues amongst young people. To continually strive to ensure the consolidation and further development of services to the community. Significant activities Ballybeen Women's Centre is a mature, vibrant community organisation that delivers quality services in an area of low and weak cominunity infrastructure. The organisation promotes social inclusion by involving tlie most inarginalised groups in the area in the developmeiit and managcin¢nt of programmes to address their needs. The main activities of the organisation are: Education and Training Quality Childcare Services Health Education and Promotion Support for Women and their Families Peer Education young people's health project Cultural Diversity Programmes An outreach and support programme supports these activities. There are currently seventeen staff employed by Ballybe¢n Women's Centre. The Centre Dir¢ctor has day-to-day responsibility for managing the organisations activities and reports to a managcment committee made up of local women.
Ball been Women'5 Centre Limited ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Public benefit For over 40 years Ballybeen Women's Centre has been developing and delivering quality services in an area of low and weak community infrastructure. We have developed a service delivery model tliat enables individuals and families to access a range of services and support in one location. Ballybeen Women's Cer)tre actively seeks to target those most marginalised and vuliierable within the cominunity. Tlie centre utilises a cominunity development approach, based on principles such as empowerment, user involvement and participation in order to meet the needs of all users. Young people and women are encouraged to become involved in the thinking, deciding, planning and playing an active role in the Centre's development and operation. Benefits to tlie community are.. Increased access to greater range of services and community activity Social and economic development Greater influence and participation of community members in decisions affecting the area Greater capacity building opportunities within the community Greater networking and collaborative working within the community leading to increased resources into the Cominunity Iinproved relationships at local level Empowerment of individuals to make informed decisions Production and impleinentation of an agreed action plan for the area Reduced social isolation and exclusion Positive role models within the community Increased active citizenship Increased sense of pride by residents and a more positive perception of the area by others Increase in volunteering within the community Establishment of new cross community/border relations Greater integration of ethnic minorities into local community R¢duction in racial tensions within the estate A healthier community Increased leadership aiid active citizenship Key beneficiaries are: Women of all ages. Young people 12-20 years. children O-I l years Beneficiaries reside in the Ballybeen/Dundonald ar¢a. Public benefit Ts demonstrated through ongoing monitoring and evaluation of all services and programmes. Each facility lias a complaints and suggestions box where the public can cominent anonymously. Regular needs assessments aiid consultations are undertaken with service users to ensure programmes are tailored to their needs. No harin to beneficiaries has been identified. There is no private benefit to any individual other than th¢ training and development opportunities made available to volunteers and members of the management committee.
Ball been Women's Centre Limited ort of the Trustees for the Year Ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities Ballybeen Women's Centre (B WC) is an integrated service provider committed to enabling women, young people and children to realise their potential and fulfil their aspirations through personal and socio-economic development and health promotion. BWC has been developing and delivering quality services in an area of low and weak community infrastructure for the past 40 years. The Centre has developed a service delivery model that enables individuals and families to access a range of services and support in onc location. It provides support to other community groups in the area and has been a catalyst for community development and capacity building. The principles and practice of coinmunity development underpin all the work of the Centre. BWC targets people who are often most marginalised and vulnerable within the community due to their social, economic, and personal circumstances and who may not be associated witli any other form of activity in the community. The Centre assists women of all ages, children, and young people to access their existing strengths and abilities and identify their areas for development. By adopting a community development approach based upon the principles of empowerment and user involvement it involves service users in the design, delivery, and management of projects. B WC proinotes social inclusion by involving individuals in the development and management of programmes to address their needs. This year BWC continued to deliver a range of services and programines within the cominunity in a timely and appropriate Inanner to those most in need. The cost-of-living crises continues to impact many within the community and as a result BWC have developed a number of anti-poverty initiatives to try to elevate some of the pressures facing families. Core areas of work included: Childcare - The Crèche, Playgroup and Preschool facilities provided higli quality child¢ar¢ provision within the community. Family Support - B WC supported many families in need within the community through our family support prograinme. Health- The women's health programme worked with a range of partners to deliver health and wellbeing initiatives including a maternal mental health programme and healthy eating on a budget Education and Training - we delivered a broad range of courses and programmes including essential skills, Beauty Skills, history, community development and leadership Peer Education Project This year PEP operated 3 evenings a week delivering structured peer led programmes and a weekly drop-in for young people from the local community. Good Relatioiis - we delivered a number of cross community and cross border initiatives B WC continued to work with existing partners such as, B¢lfast Health and Social Care Trust, Lisburn & Castlereagh City Council, Early Years Organisation, East Belfast Sure Start, Belfast Metropolitan Collcg¢ and the local schools. Cavan Women's Collective, WSN, WRDA, Brooklands Primary and Dundonald High to develop and deliver services and programmes to mect local need.
Ball been Women's Centre Limited ort of the Trustees for the Year Ended 31 March 2024 FINANCIAL REVIEW Financial position Tlie company had net incoming resources for the year of £58,039 (2023-. net incoiTLing resources of £21,605), which reflected the completion of a number of projects during the year. Unrestricted funds increased by £20,142, while restricted funds increased by £37,897. Reserves policy It is clear that tlie current cost of living crisis is having a major impact on individuals, families and communities and has highlighted a number of k¢y areas of - all of which will require ongoing support. B WC remains committed to moving fonvard, to growing and to exploring new methods of working. We also remain committed to achieving our goal of building a new Women's Centre that will serve women, families, children and young people from Ballybeen for many years to come. Retaining a level of reserves enables us to work towards the realisation of our longer-term strategic goal as well as enabling us to respond to th¢ needs of our users in a timely and appropriate manner. Ballybeen Women's Centre have set a reserves policy which requires that reserves be maintained at a level whicli ensures that:
the core activity of Ballybeen Women's Centre could continue during a period of unforeseen difficulty. the setting could meet its liabilities in the event that it had to close or reduce its services for example meet redundancy costs A proportion of these reserves have to be maintained in a readily realisable form e.g. cash at bank. Procedure To ensure this policy is complied with Ballybeen Women's Centre will endeavour to ensure,. That we maintain a level of reserves Th¢ level of reserves are consistently reviewed with future fiiiancial sustainability in mind Work with the treasurer to ensure reserve levels are monitored and maintained
Ball been Women's Centre Limited ort of the Trustees for the Year Ended 31 March 2024 FUTURE PLANS Looking to the year ahead, BWC will continue to plan, develop. and deliver much needed support services within the community and we will continue to strive to secure the resources needed to create a new Woinen's Centre that will:
Allow the Centre to better meet the needs of existing users in a'fit for purpose, building. Expand service delivery and offer services to people not currently engaged by the Centre Build partnerships with statutory and voluntary organisations in order to make their services accessible to women, families and young people in Ballybeen Create additional employment in the Women's Centre Provide additional childcare and out of school services Be more efficient and reduce operating costs Provide a focal point in Ballybccn and help to improve the overall presentation of the area As usual securing funding is vital to our development as an organisation and we are very grateful to everyone who has supported our work during the year. Our coinmitment to quality and our passion for the work that we do will ensure that we remain focused on tackling the key issues that matter to the community. Regarding project implementation all the necessary systems are in place to ensure the smooth running of all projects. Key staff prepare monthly operational reports which are submitted to the Director and pr¢s¢iited at bi - monthly Management Committee meetings. The implementation of agreed objectives are monitored on an ongoing basis including the setting up and monitoring of performance indicators against targets which allow for tl)e efficient and effective managem¢nt of all services and projects. Should this project fall behind target action will be implcm¢nt¢d by the Management Group to addr¢ss the situation. BWC Management Committee is made up of local women all of whom have a clear knowledge and understanding of community need. All committee members have served on the committee for many years therefore possess the skills and experience necessary to oversee a project such as this. Committee members attend regular training and development activities throughout the year. In the last 12 months they attended.. Cominittee Skills / Good Governance refresher Fire safety Child Protection Orgaiiisational Policies and Procedures training and review throughout the year All new members to the committee and volunteers attend induction training and are given a 'job description, relevant to their role. Support and guidance is available at all times from staff and other committee members and volunteers. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Coinpanies Act 2006.
Ball been Women's Centre Limited ort of the Trustees for the Year Ended 31 Mareh 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees During the period under review the directors met bi-monthly. Trusteesldirectors are appointed by iiominations made in writing by any existing director. At the General Meeting nominated directors are appointed by election. Organisational structure Regarding project implementation all the necessary systems are in place to ensure the smooth running of all projects. Key staff prepare montlily operational reports which are submitted to the Director and presented at bi montlily Management Committee mcetings. The implementation of agreed objectives are monitored on an ongoing basis including the settiT]g up and monitoring of performance indicators agaiiist targets which allow for the efficieiit and effective maiiagement of all services and projects. Should a project fall behind, target action will be implemented by the Management Group to address the situation. BWC Management Committee is made up of local women all of whom Iiave a clear knowledge and uiiderstanding of coinmuiiity need. All committee members have served on th¢ committee for many years therefore possess the skills and experience Ii¢cessary to oversee a project such as this. Committee members att¢iid reglilar trainiiig and development activities throughout the year. In the last 12 months they attended.. l. Committee Skills / Good Governance refresher 2. Fire safety 3. Child Protection 4. Organisational Policies and Procedurcs training and review throughout the year All new meinbers to the cominitt¢e and volunteers attend induction training and are given a 'job description, relevant to their role. Support and guidance is available at all times from staff and oth¢r committee memb¢rs and volunteers
Ball been Women's Centre Limited ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management The principles of good governance are embedded witliin all aspects of Ballybeen Woinen's Centres operations with management and staff being keenly aware of the Boards responsibility of ensuring that the organisatioii protects itself from financial exposure and reputational damage, A close working relationship is maintained between the Board and manageinent to ensure that operationally staff are aware of the standards required of them by the Board and the Board are always in a position to provide guidance and support to manageinent in the discharge of their duties. This two way relationship is the key feature of Ballybeen Women's Centre governance arrangements and is a key strength in the company. A conscientious approach to ensuring that contractual project requirements are achieved has been maintained at all times both in tlie accounting period being reported on and since Ballybeen Women's Centre establishment. Very tight financial controls on expenditure and all financial cominitments are maintained at all times and project staff have been trained and have becoine experienced in budgetary controls.ln both these areas ie Project delivery and financial Controls management all staff have established close working relationships with funding organisations to ensure all mandatory standards are consistently achieved. Board representatives also actively engage with funding bodies. The Board, Inaiiagement and staff are fully aware that the nature of the work in which Ballybeen Women's Centre is involved can bring with it a Iiigh level of scrutiny to ensure that all activities are fully compliant with funding requirements and therefore, beyond reproach.The Board of Ballybeen Women's Centre is, therefore, greatly reassured of the company's compliance with tlie highest of standards of governance on the basis tliat all Inonitoring and evaluation of project delivery demonstrates achieveinent of all funders objectives and that funders, audits and vouching of financial expenditure and the statutory audit confirm compliance with both probity and regularity in the use of monies received. EVENTS SINCE THE END OF THE YEAR Information relating to events since the end of the year is given in the notes to the financial statements. TRUSTEES, RESPONSIBILITY STATEMENT The trustees (who are also the directors of Ballybeen Women's C¢ntre Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statemcnts in accordance with applicable law and United Kingdom Accounting Standards (United Klngdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 'The Finaiicial Reporting Standard applicable iii the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements for each fjnancial year which give a true and fair view of tlie state of affairs of the charitable coinpany and of the incoming resources and application of resources, including tlie income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are r¢quired to select suitable accounting policies and then apply them consistently. observ¢ the methods and principles in the Charity SORP. make judgeinents and estimates that are reasonabl¢ and prudent. prepare the financial stateinents on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
Ball been Women's Centre Limited ort of the Trustees for the Year Ended 31 March 2024 TRUSTEES, RESPONSIBILITY STATEMENT- continued The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any tiine tlie financial positlon of the charitable company and to enable tliem to ensure that the financial statements coinply 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 prev¢ntioi) and detection of fraud and otlier irregularities. In so far as the trustees are aware: there is no relevant audit information of which the charitable company's auditors are unaware- aiid the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditors, Lynn Drake & Co Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 12 September 2024 and signed on its behalf by: Sandra Hayes - Secretary
ort of the Inde endent Auditors to the Trustees and Members of Ball been Women's Centre Limited Opinion We Iiave audited the financial statements of Ballybeen Women's Centre Limited (the 'charitable company,) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, includiiig Financial Reporting Standard 102 'The Financial Reporting Staiidard applicable in the UK and Republic of Ireland and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of tlie charitable company in accordance with the ethical requireinents that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suffI¢ieiit and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the finaiicial stateineiits, we have concluded that the trustees, use of the going concern basis of accounting in tlie preparation of the financial statements is appropriate. Based on the work we have perform¢d, we have not identifi¢d any material uncertainties relating to events or conditions that, individually or collectively, Inay cast significant doubt on th¢ charitable compaiiy's ability to continLie as a going concern for a period of at least twelve months froin when the financial statements are aiithorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sectioiis of this report. Other information The trustees ar¢ i-esponsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independ¢nt Auditors thereon. Our opinion on the financial statements does not cover the other inforination and, except to the extent otherwise explicitly stated in our report, w¢ do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to bc materially misstated. If we identify such material inconsistcnci¢s or apparent material misstatein¢nts, we are required to detcrmine wliether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. io
ort of the Inde endent Auditors to the Trustees and Members of Ball been Women's Centre Limited Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements. and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In tlie light of the knowledge and understanding of tlie cliaritable company and its environment obtained in the course of tlie audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns. or certaiii disclosiires of trustees, reinuneration specified by law ar¢ not Inade- or we have not received all the information and explanations we require for our audit. or the trustees were not eiititled to take advantage of the small coinpanies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Responsibilities of trustees As explaiiied Inore fully in the Trustees, Responsibi lities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they giv¢ a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material inisstateinent, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going coiicern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
ort of the Inde endent Audilors to the Trustees and Members of Ball been Women's Centre Limited Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free froin material misstateinent, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial stateineiits. The extent to which our procedures are Capable of detecting irregularities, including fraud is detailed below: Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatein¢nts in respect of irregularities, iiicluding fraud. In particular. we looked at where management made subjective judgeinents, for exainple in respect of accoiinting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion, we identified the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations and how management Inonitor these processes. Appropriate procedures included the review and testing of manual journals and key estimates and judgements Inade by management for risk of fraud. Based on our understanding of the company and industry, we identified the principal risks of non-coinpliance with laws and regulations as those that have a direct impact on the determination of material amounts and disclosures in the financial statements. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements and identified the greatest potential for fraud. We communicated the identified laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. Audit procedures performed included, but were not limited to: Discussions with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud; Reviewing the fiiiancial statement disclosures and testing to supporting documentation. Review of board meeting minutes of those charged with governance. In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments. As part of an audit in accordance with ISAS (UK), we ¢x¢rcise professional judgment and maintain professional scepticism throughout the audit. We also:_ Identify and assess the risks of material misstateinent of the financial statements, whether due to fraud or error, design aiid perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriat¢ to provide a basis for our opinion. The risk of not detecting a material misstatement resultiiig from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectlveness of the charities internal control. 12
ort of the Inde endent Auditors to the Trustees and Members of Ball been Women's Centre Limited Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Perform analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud or error. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and based on the audit evidence obtained, whetlier a material uii¢ertainty exists related to events or conditions that may cast significant doubt on the charities ability to continue as a going concern. If we conclude that a material uiicertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure, and content of the financial statements, including the disclosures and whether the financial statements represent the underlying transactions and events in a manner that achieves fair preseiitation. We cominunicate witli those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including significant deficiencies in internal control that we identify during our audit. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forills part of our Report of the Independent Auditors. Use of our report This report is Inade solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Coinpanies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's Inembers those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other tli n tlie charitable company and the charitable company's members as a body, for our audit work, for this rep t, or for the opinions we have formed. Billy Dra enior Statutory Auditor) for and on be If of Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE 12 September 2024 13
Ball been Women's Centre Limited Statement of Financial Activities Incor oratin an Income and Ex for the Year Ended 31 March 2024 enditure Aecount 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations aiid legacies 100 Charitable activities Grants Receivable 568,641 568,641 845,150 Other trading activities Iiivestment income 48,410 2,687 48,410 2,687 57,133 430 Total 51,097 568,641 619,738 902,813 EXPENDITURE ON Charitable activities Direct Cliaritable Expenditure Governance 20,863 10,092 526,206 4,538 547,069 14,630 867,414 13,794 Total 30,955 530,744 561,699 881,208 NET INCOME 20,142 37,897 58,039 21,605 RECONCILIATION OF FUNDS Total funds brought forward 368,359 25,323 393,682 372,077 TOTAL FUNDS CARRIED FORWARD 388,501 63,220 451,721 393,682 The notes form part of these financial statements 14
Ball been Women's Centre Limited Stalement of Financial Position 31 March 2024 31.3.24 31.3.23 Notes CURRENT ASSETS Debtors Cash at bank 12 13,827 443,333 12,135 386,570 457,160 398,705 CREDITORS Amounts falling due within one year 13 (5,439) (5,023) NET CURRENT ASSETS 451,721 393,682 TOTAL ASSETS LESS CURRENT LIABILITIES 451,721 393,682 NET ASSETS 451,721 393,682 FUNDS Unrestricted t.unds Restricted funds 15 388,501 63,220 368,359 25,323 TOTAL FUNDS 451,721 393,682 Tliese financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to th¢ small Companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 12 Septeinber 2024 and were sign¢d on its behalf by.. Hazel Mcclean - Trustee Carol orrow - Trustee The notes form part of these financial statements 15
Ball been Women's Centre Limited Statement of Cash Flows for the Year Ended 31 March 2024 31.3.24 31.3.23 Notes Cash flows from operating activities Cash generated from operations 56,763 40,921 Net cash provided by operating activities 56,763 40,921 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 56,763 40,921 386,570 345,649 Cash and cash equivalents at the end of the reporting period 443,333 386,570 The notes form part of these financial statements 16
Ball been Women's Centre Limited Notes to the Statement of Cash Flows for the Year Ended 31 March 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Net income for the reporting period (as per the Statement of Financial Activities) Adjustments for: (Increase)/decrease in debtors Increase/(de¢rease) in creditors 58,039 21,605 (1,692) 416 20,027 (711) Net cash provided by operations 56,763 40,921 ANALYSIS OF CHANGES IN NET FUNDS At 114123 Cash flow At 3113124 Net cash Cash at bank 386,570 56,763 443,333 386,570 56,763 443,333 Total 386,570 56,763 443,333 Th¢ notes form part of these financial statements 17
Ball been Women's Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements Basis of preparlng the financial statements (a) General information and basis of preparation Ballybeen Women's Centre Limited is constituted as a company limited by guarantee incorporated in Northern Ireland (N1031482). In the event of the charity being would up, the liability in respect of the guarantee is liinited to £1 per member of the charity. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have beeii prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in 2019 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial stateinents are presented in sterling which is the fiinctional currency of the charity.. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. (b) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purpos¢s. The aim and use of each designated fund are set out in the notes to the financial stateinents. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administeriiig such funds are charged against the specific fund. The aim and use of each restricted fund are set out in the notes to the financial statements. Further explanation of the nature and purpose of each fund is included in the notes to the financial stateincnts. (c) Income recognition All incoming resources are included in th¢ Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measLired reliably and it is probable that the income will be received 18 continued...
Ball been Women's Centre Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - eontlnued Basis of preparing the financial statements For donations to be recognised the charlty will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilinent of those conditioiis is within the control of the charity and it is probable that they will be fulfilled.Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities (SOFA) when receivable. Income received from collections is recognised when received. Donated facilities and donated professional services are recognised in income at their fair valuc when their economic benefit is probable, it caT] be measured reliably and the charity has control over the itein. Fair value is determined on the basis of the value of the gift to the charity. For example the ainount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy beiiig received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Incoine from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. The charity receives government grants which are detail¢d within the notes to these finaiicial statements. Income from government and other grants are recognised at fair value when the cliarity has eiititl¢ment after any perforinaiice conditions have been Inet, it is probable that the iiicome will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. (D) Expenditure recognition All expenditure is accounted for on an accruals basis. inclusive of VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties. it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categories under the following headings: Costs of raising funds includes the costs associated with attracting voluntary incomes. Expenditure on charitable activities includes tliose costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them; and Other expenditure represents those items not falling into th¢ categories above. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. 19 continued...
Ball been Women's Centre Limited Notes to the Financi21 Statements- Continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - contlDued Basis of preparing the finaneial statements Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performaiice then the grant is only accrued when any unfulfilled conditions are outside of tlie control of the cliarity. (e) Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. Tliey are incurred directly in support of expenditure on the objects of the cliarity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on an insert detail basis and other overheads have been allocated on a basis consistent with the use of resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. (Q Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciatioii and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows.. Buildings Fixtures & Fittings IOO/o Straight Line 25 % Straight Line (g) Financial Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provision of the instrument. Basic financial instruments are initially recognised at the amounts receivable or payable including any related transaction costs. Current assets and current liabilities ar¢ subscquently measured at the cash or other consideration expected to be paid or relived and not discounted. Debt instruments are subsequently measured at amortiscd cost. Where investments in shares ar¢ publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value r¢Gognised in incoine and expenditure. All other such investments are subsequently measured at cost less impairment. 20 continued...
Ball been Women's Centre Limited Notes to the Financial Statements- conlinued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - Continued Basis of preparing the financial statements Other financial instruments, including derivatives, are initially r¢cognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in whicli case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designed hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. if there is objective evidence of impairment an impairment loss is recognised und¢r the appropriate heading in the statement of financial activities in which the initial gain is recogiiised. For all equity instruinents regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar ciedit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying ainount of the financial asset that exceeds what the carrying ainount would have been had the iinpairment not previously been recognised. (h) Impairment Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit. is estimated and coinpared to the carrying amount. Where the carrying amount exceeds its recoverable ainount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where th¢ impairment loss is a revaluation decrease. (i) Provision5 Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an oufflow of cconomic benefits will be required in settlemcnt and the ainount can be reliably estimated. O) Leases Assets acquired under finance leases are capitalized and depreciated over the shortcr of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, ar¢ included in creditors. Rentals payable and receivable under operating leases are charged to the SOFA on a straight lin¢ basis over the period of the lease. (k) Tax No provision is required for taxation as the company is defined as a charity for taxation purposes. 21 continued...
Ball been Women's Centre Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial statements The charity is a registered charity and so such is entitled to certain tax exemptions on income and profits from investments and surpluses on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. (l) Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of iiicoine and expenditure for 12 months from authorising these financial statements. The biidgeted income and expenditure are suffIcient with the level of reserves for the charity to be able to continue as a going coiicern. (m) Judgements estimates The following judgements including those involving estimates that have been made in the process of applying tlie above accounting policies that have had the most significant effect on th¢ ainounts recognised in the financial statements and that have a significant risk of causing a material adjustinent to the carrying amounts of assets and liabilities within the next financial year.. (i) depreciation method and asset useful lives (li) principal assumptions used to measure multi-einployer defined benefit pension schemes, liabilities, sensitivities to changes in assumptions and future funding obligations The estiinates and assuinptions are reviewed on an ongoing basis considering the current and future market conditions. Taxation The charity is exempt from corporation tax on its charitable activities. Taxation The company is a registered charity and so such is entitled to certain tax exemptions on income and profits froin investments and surpluses on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. Fund aceounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be us¢d for particular restricted purposes within the objects of the charity- Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 22 continued...
Ball been Women's Centre Limited INotes to the Finaneial Statements - continued for the Year Ended 31 March 2024 DONATIONS AND LEGACIES 31.3.24 31.3.23 Donations 100 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Fundraising and Fees Room Hire 48,410 55,746 1,387 48,410 57,133 INVESTMENT INCOME 31.3.24 31.3.23 Investment Incoine 2,687 430 INCOME FROM CHARITABLE ACTIVITIES 31.3.24 31.3.23 Activity Grants Receivable Grants 568,641 845,150 Grants received, included in the above, are as follows: 31.3.24 3l.3.23 H&SCT- WSN HSC SPPG Education Authority - PEGS Education Authority - Youtli Services BHSCT - Health Proinotion & Education Programme BHSCT - Sponsored Daycare Department of Foreign Affairs: Reconciliation Fund, DfC/VCU Community Investment Fund DfC/VCU Womeiis Centres Childcare Fund Education Authority - Extended Services Early Years - The Pathway Fund Lisburn & Castlereagh City CouncTI - Community Support The National Lottery Community Fund - Empowering Young People Erasinus+ Safe Space National Lottery Community Fund: People & Communities Programme: MAS Project Erasmus+ Einpower Erasmus+ Vinyl Warriors 18,526 26,322 32,875 2,981 34,874 17,449 12,514 71,600 190,047 1,152 30,000 3,783 17,893 20,699 34,337 33,692 16,857 75,396 202,518 1,098 30,000 3,698 31,735 13,689 5,708 15,334 32,040 108.427 Carried forward 447,831 637,413 23 continued...
Ball been Women's Centre Limited Notes to the Financial Statements- continued for the Year Ended 31 March 2024 INCOME FROM CHAIUTABLE ACTIVITIES- continued 31.3.24 31.3.23 Brouglit forward Erasmus+ Safe 4 Play Erasmus+ DATE Education Authority - SEN EYIS DFC Castlereagh East Developing Women in the Community Education Authority Engage Ill Education Authority Classroom Assistance (SEN) Lisburn & Castlereagh City Council - Queen's Platinum Jubilee Fund The Community Foundation Nl - The Older People's Fund Department of Education - Childcare Sustainability Fund Phase 5 BG001322 Departinent of Education - Childcare Sustainability Fund Phase 5 BG001344 DfC/VCU Cost of Living Support Lisburn & Castlereagh City Council - King's Coronation National Lottery Coininunity Fund.. People & Cominunities Programme.. MAS Project 2 Bank of Irelaiid Begin Together Community Fund UKSPF Nl - Women Breaking Barriers OCN Nl Centre Learning East Belfast Cominunity Developinent Agency The Coinmunity Foundation Nl - The Cooper Richardson Fund The National Lottery Coininunity Fund - Empowering Young People 447,831 6,666 637,413 97,052 86,430 100 9,398 4,368 1,322 500 5,000 2,928 1,338 2,229 1,500 500 4,900 450 12,952 2,760 980 6,000 71,174 The Community Foundation Nl - The ARN Foundation Tackling Isolation Fund 10,000 568,641 845,150 CHARITABLE ACTIVITIES COSTS Support costs (see note 7) Direct Costs Totals Dircct Charitable Expenditure Governance 547,069 547,069 14,630 14.630 547,069 14,630 561,699 24 continued...
Ball been Women's Centre Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2024 SUPPORT COSTS Governance osts Governance 14,630 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting)'. 31.3.24 31.3.23 Audit Fee 3,950 3,730 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. 10. STAFF COSTS 31.3.24 31.3.23 Wages and salaries Social security costs Other pension costs 384,559 25,526 41,529 399.420 26,639 41,469 451,614 467,528 The average monthly number of employees during the year was as follows: 31.3.24 31.3.23 20 Maiiag¢ment & Administration No employees r¢ccived emoluments in excess of £60,000. The key management personnel of the charity comprise of the Chief Executive and Senior management team. The salaries paid to key management personnel being the Chief Executive Officer, Co-ordinators and Finance Manager, during the year totalled £163,768 (2023: £164,064) 25 continued...
Ball been Women's Centre Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2024 11. TANGIBLE FIXED ASSETS Fixtures and fittings Buildings Totals COST At l April 2023 and 31 March 2024 178,837 114,613 293,450 DEPRECIATION At l April 2023 and 31 March 2024 178,837 114,613 293,450 NET BOOK VALUE At 31 Marcli 2024 At 31 March 2023 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Dfc Castlereagh East Developiiig Woinen in the Community H&SCT- WSN DfC/ VCU Womens Centres Childcare Fund National Lottery Community Fund.. People & Communities Programme: MAS Project 2 UKSPF Nl - Women Breaking Barriers Education Authority - Classroom Assistance {SEN) National Lottery Community Fund: People & Communities Prograinme: MAS Project Erasmus+ Safe 4 Play Prepayments 9,398 1,491 1,800 531 3,706 344 431 100 6,666 780 715 13,827 12,135 26 continued...
Ball been Women's Centre Limited Notes to the Finaueial Statements - continued for the Year Ended 31 March 2024 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Accruals and deferred income 5,439 5,023 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted funds funds Current assets Curreiit liabilities 393,940 (5,439) 63,220 457,160 (5,439) 398,705 (5,023) 388,501 63,220 451,721 393,682 15. MOVEMENT IN FUNDS Net movement in funds Transfers betweei) funds At 3113124 At 1/4123 Unrestricted funds General fund Designated 233,359 135,000 20,142 (15,000) 15,000 238,501 150,000 368,359 20,142 388,501 Restricted funds HSC SPPG BHSCT - Health Promotion & Education Prograinme BHSCT - Sponsored Daycare Department of Foreign Affairs: Reconciliation Fund Tlie National Lottery Community Fund - Empowering Young People Erasmus+ Safe 4 Play OCN Nl Centre Learning East Belfast Commuiiity Development Agency The Community Foundation Nl- The Cooper Richardson Fund The National Lottery Community Fund Empowering Young People 3 The Cotnmunity Fouttdation Nl - The ARN Foundation Tackling Isolation Fund 3,279 3,279 2,799 1,400 99 50 2,898 1,450 7,625 7,625 19,079 2,045 (19,079) (2.045) 1,480 1,480 815 815 6,000 6,000 35,049 35,049 4,624 4,624 25,323 37,897 63,220 TOTAL FUNDS 393,682 58,039 451,721 27 continued..
Ball been Women's Centre Limited Notes to the Financial Statements- continued for the Year Ended 31 March 2024 15. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 51,097 (30,955) 20,142 Restricted funds H&SCT- WSN HSC SPPG Education Authority - PEGS Educatioii Authority - Youth Services BHSCT- Health Promotlon & Education Prograinine BHSCT - Spoiisored Daycare Department of Foreign Affairs: Reconciliation Fuiid DtE/VCU Community Investment Fund DfC/VCU Womens Centres Childcare Fund Ediication Authority - Extended Services Early Years - The Pathway Fund Lisburn & Castlereagh City Council - Community Support The National Lottery Community Fund Einpowering Young People National Lottery Community Fund.. People & Coinmunities Prograinm¢'. MAS Project Erasmus+ Safe 4 Play Education Authority - Classroom Assistance (SEN) DfCIVCU Cost of Living Support Lisburn & Castlereagh City Council King's CoTonation National Lottery Community Fund: People & Communities Programme: MAS Project 2 Bank of Ireland B¢gin Together Community Fund UKSPF NI - Women Breaking Barriers OCN Nl Centre Learning East Belfast Cominunity Development Agency Tlie Community Foundation Nl - The Cooper Richardson Fund 18,526 26,322 32,875 2,981 (18,526) (23,043) (32,875) (2,981) 3,279 34,874 17,449 (34,775) (17,399) 99 50 12,514 (4,889) 7,625 71,600 (71,600) 190,047 (190,047) 1,152 30,000 (1,152) (30,000) 3,783 (3,783) (19,079) (19,079) 5,708 6,666 (5,708) (8,71 l) (2,045) 2,928 1,500 (2,928) (1,500) 500 (500) 4.900 (4,900) 450 (450) 12,952 2,760 (12,952) (1,280) 1,480 980 (165) 815 6,000 6,000 28 continued...
Ball been Women's Centre Limited Noles to the Financial Statements - continued for the Year Ended 31 March 2024 15. MOVEMENT IN FUNDS- continued The National Lottery Community Fund Empowering Young People 3 The Cominunity Foundation NI - The ARN Foundation Tackling Isolation Fuiid 71.174 (J6,125) 35,049 10,000 (5,376) 4,624 568,641 (530,744) 37,897 TOTAL FUNDS 619,738 (561,699) 58,039 Comparatives for movement in funds Net movemeiit in fuiids Transfers between funds At 3113123 At 114122 Unrestricted funds Geiieral fund Designated 231,117 i 00,000 37,242 (35,000) 35,000 233,359 135,000 331,117 37,242 368,359 Restrieted funds HSC SPPG BHSCT - Health Promotion & Education Programme BHSCT - Sponsored Daycare The National Lottery Community Fund Empoweriiig Young People D¢parttnent of Foreign Affairs. Reconciliation Flind Erasmus+ Empower Erasmus+ Saf¢ 4 Play 249 (249) 2,693 1,347 106 53 2,799 1,400 23,612 (4,533) 19,079 4,099 8,960 (4,099) (8,960) 2,045 2,045 40,960 (15,637) 25,323 TOTAL FUNDS 372,077 21,605 393,682 29 continued...
Ball been Women's Centre Limited Notes to the Financial Statements - continued for the Year Ended 31 March 2024 15. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in fuiids Unrestricted funds General fund 57,663 (20,421) 37,242 Restricted funds H&SCT- WSN HSC SPPG Education Authority - PEGS BHSCT- Health Proinotion & Education Programme BHSCT - Sponsored Daycare Lisburn & Castlereagh City Council - Community Support DfCIVCU Community Investment Fund DfC/VCU Womens Centres Childcare Fund Education Authority - Extended Services Early Years - The Pathway Fund The National Lottery Coinmunity Fund - Empowering Young People Erasmus+ Safe Space Department of Foreign Affairs. Reconciliation Fund National Lottery Community Fund: People & Communities Programme: MAS Project Erasmus+ Empower Erasmus+ Vinyl Warriors Erasmus+ Safe 4 Play Erasmus+ DATE Education Authority - SEN EYIS DFC Castl¢reagh East Developing Women in the Community Education Authority - Engag¢ III Education AuthorTty - Classroom Assistance (SEN) Lisburn & Castlereagh City Council - Queen's Platinum Jubilee Fund The Community Foundation NI - The Older People's Fund Departinent of Education - Childcare Sustainability Fund Phase 5 BG001322 Departnient of Education - Childcare Sustainability Fund Phase 5 BGOOI 344 17,893 20,699 34,337 (17,893) (20,948) (34,337) (249) 33,692 16,857 (33,586) (16,804) 106 53 3,698 (3,698) 75,396 (75,396) 202,518 (202,518) 1,098 30,000 (1,098) (30,000) 31,735 13,689 (36,268) (13,689) (4,533) (4,099) (4,099) 15.334 32,040 108,427 97,052 86,430 100 (15,334) (41,000) (108,427) (95.007) (86.430) (100) (8,960) 2,045 9,398 4.368 (9,398) (4,368) 1,322 (1,322) 500 (500) 5,000 (5.000) 1,338 (1,338) 2,229 (2,229) 30 continued..
Ball been Women's Centre Limited Notes to the Finaneial Statements - continued for the Year Ended 31 March 2024 15. MOVEMENT IN FUNDS- continued 845,150 (860,787) (15,637) TOTAL FUIYDS 902,813 (881,208) 21,605 16. CONTINGENT LIABILITIES A contingent liability exists to repay grants received should certain conditions not be fulfilled by the charity. 17. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. 18. POST BALANCE SHEET EVENTS There were no events after the reporting period therefore no material issues need disclosed. 19. DESIGNATED FUNDS This reserve has been built up to assist with future capital build costs for the centre. The reserve has been allocated out of unrestricted funds through the Prudent Cost Policies of the Directors and Management Committee. At 31 March 2024 the Designated Fund was £150,000 as per note 15 in th¢ accouiits. 20. WINDING UP Every member of the Company undertakes to contribute to the assets of the Company, in th¢ event of the same being wound up while it is a member, or withiii one year after it ceases to be a Inember, for payment of the debts and liabilities of the Company contracted before it ceases to b¢ a member, and of the costs, charges and expenses of winding up, and for tlie adjustment of the rights of the contributor's among themselves, such amount as may be required not exceeding one pound. 21. SHARE CAPITAL The Company is limited by guarantee and has no share capital. 31
Ball been Women's Centre Limited Detailed Stalement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AIND ENDOWMENTS Donations and legaeies Donations loo Other trading activities Fundraising and Fees Room Hire 48,410 55,746 1,387 48,410 57,133 Investment income Investiment Income 2,687 430 Charitable activities Grants 568,641 845,150 Total incoming resources 619,738 902,813 EXPENDITURE Charitable activities Wages Social security Pensions Insurance Light and heat Telephone & Internet Postage and stationery Sundries Travel + Traiisport Meeting Costs Repairs + Maintenaiice Health & Safety Training & Tutors Water Rates Direct Programme Costs Course Fees Advertising & Publications Consultancy Fees IT Support & tnaintenance Childcare Relit Carried forward 384,559 25,526 41,529 4,493 5,604 2,039 2,942 370 4,225 4,972 172 1,747 1,059 1,210 27.507 4,363 280 6,000 2,294 6,927 527,818 399,420 26,639 41,469 3,757 6.222 2.676 2,791 256 3,169 4,479 1,329 2,339 1.624 1,029 332,812 6,820 230 6,200 2,597 3,472 849,330 This page docs not form part of the statutory financial statements 32
B211 been Women's Centre Limited Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 Charitable activities Brought forward Childcare Eveiits Materials & Resources Conferences and Workshops Childcare Breaks Childcare Repairs & Renewals Repayinent to Funder - Df Childcare equipment Hall Hire 527,818 1,908 1,746 144 3,603 216 9,935 1,418 281 849,330 7,243 l36 4,094 5,135 547,069 867,414 Support costs Governance costs Audil Fee Heat & Light Teleplione Cleaning & Consumables Volunteers Affiliation & Meinbership Fees Bank Fees 3,950 257 683 3,657 3,855 1,740 488 3,730 361 552 2,716 4,114 1,807 514 14,630 13,794 Total resources expended 561,699 881,208 Net ineome 58,039 21,605 This page does not form part of the statutory financial statements 33