Company Number- Nl 609642
Charity Number: NIC102127
PIPS Hope & Support Ltd
IA company limited by guarantee, not havlng 8 Share capltall
Annual Report and Audited Financial Statements
for the financial year ended 31 March 2023
Daly Park & Company Ltd
Chartered Accountants and Registèrèd Auditors
6 Trevor Hill
Newry
Co. Down
BT34 1DN
Northern Ireland

PIPS Hope & Support Ltd
IA company Ilrmtted by guarantee, not havlng a share ¢apitall
CONTENTS
Page
Referen￿ and Administrative Information
Directors, Annual Report
Statement of Directors, Responsibilities
Independent Auditovs Report
8-10
Statement of Financial Activities
Balance Sheet
12
Accounting Policies
Notes to the Financial Statements
14-18
Supplementary Information relating to the Flnancial Statements
20

PIPS Hope & Support Ltd
(A company limited by guarantee. not having a share ￿pItal)
REFERENCE AND ADMINISTRATIVE INFORMATION
Directors
Patricia Trainor
Eoin Duffy
Barney MGNeany (Resigned 4 July 2023)
Louise Mary Campbell
Malcolm Robert Knox
Tracey Tookey
Geraldine MGlntyre (Appointed 23 December 2022)
Aoife Jennings (Resigned 15 June 2022)
Chalrperson
Patricia Trainor
Company Secretsry
Eoin Duffy
Charity Number in Northern Ireland
NIC102127
Cornpany Number
NI 609642
Registered Office and Prlnclpal Addre88
50 Mill Street
Newry
Co. Down
BT34 2DE
Northern Ireland
Audltor8
Daly Park & Company Ltd
Chartered Accountants and Registered Auditors
6 Trevor Hill
Newry
Co. Down
BT34 1 DN
Northem Ireland
Banker8
First Trust Bank
4244 Hlll Street
Newry
Co. Down
BT341AU
Northern Ireland

PIPS Hope & Support Ltd
IA company Ilmlted by guarantee. not having a share capital)
DIRECTORS. ANNUAL REPORT
for the financial year ended 31 March 2023
The directors present their Directors. Annual Report, combining the Oirectors, Report and Trustees, Report. and the
audited financial statements for the financial year ended 31 March 2023.
The financial statements ar8 prepared in accordance with the Companies Act 2006, FRS 102 'The Financial
Reporting Standard applicab18 in the UK and Republic of Ireland" and Accounting and Reporting by Charities..
Statement of Recommended Pradice applicable to charities preparing their financial statements in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Directors, Report contains the information required to be provid&d in the Directors, Annual Report under the
Statement of Recommended Practic8 (SORP) guidelines. The directors of the company are also charity trustees for
Ihe purpose of charity law and under the cornpany's constitution are known as members of the board of trustees.
In this report the directors of PIPS Hope & Support Ltd present a summary of its purpose, govemance, activities,
achievements and finances for the financial financial year 31 March 2023.
The company Is a r8gister8d charity and hence the report and results are presented in a form which comp118s wlth
the requirements of the Companies Act 2006 and, although not obliged to cornply with the Statement of
Recommended Practice for Smaller Entities (Ihe FRSSE) (effective 1 January 2015), the organisation has
implemented its recommendations where relevant in these ffinancial statements.

PIPS Hope & Support Ltd
IA company Ilmtted by guarantee, not havlng a share capital)
DIRECTORS. ANNUAL REPORT
for the financial year ended 31 March 2023
Revlew of Activities. Achievernents and Perfonnance
Good evening everyone and thank you for your attendan￿ this evening at the AGM. As you already know, this is
the 20th anniversary of PIPS Hope & Support, formerly PIPS Newry & Moume. Cons8quenlly, you'll forgive me if this
address is somewhat reflective in nature. Bul before I begin, I'd like to thank Deidre Magill for her continued support,
not just in annually chairing the AGM. bul in her continued commitment and loyally to the organisalion. Deirdre, you
truly are invaluable. What would we do wilhoul you.
I would also like lo thank our funders, the PHA which has been a strong supporter of our service both financially and
in terms of critical evaluation, the SHSCT for their past funding and for thg intellectual support provided through close
collaborative working arrangements befvoeen their staff and ours. I'm delighted lo be in the enviable position of
recognising and thanking a new funder, the Big Lottery Fund under the auspices of the Mental Health Support Fund
and finally CDHN for providing funding through their BCCP funding.
I do also want to recognise the contribution to PIPS organisation from a rang8 of voluntary and stslutory sector
partners, but in parti¢ular, Action Mental Health. 11 would be remlss of me not to include the local communities of
Newry & Mourne and the ABC council area for their continued support through a v8ri&ly of imaginative fundraising
Initiatives includlng, local business and benefactors. l also wish lo thank Daly Parf( Associates for the excellent
support they offer in providing the annual accounts. You are all amazing. Flnglly. I want lo acknowledge the hard
work. passion and commllmenl of Seamus 2nd his staff and the board of directors for their advice and expertise.
Update on ongoing developments
Seamus will provid8 a more in-depth bri8fing in his pr8S8nlalion but I wanted lo take this opportunity lo mention a few
things that have been hlghllgh16d in prèvious AGMS. Firstly, the WELL-Bean Cafe has bedded in and continues lo
provide a safe welcoming refuge for people in emotional distress, especially al weekends. We are fin81ising
discussions with the PSNI and NIAS regarding onward referrallsignposllng for those people they interact with, whose
needs might be best mel within th8 WELL-Bean cafe envlronmenl.
We are continuing lo develop our services within the Upper Bann area via our office In Lurgan. The need wlhin that
area is evident and we anllclpale further service developments to meet growlng dem8nd.
You wlll ￿¢811 18sI year that I mentloned ongolng work in relation to reslrucluring the tsrganisalion to ensure il
remains viable In terms of approprlale staffing, fln8ncas and, Importantly, good governance arrangements. We have
oncluded that process via the appointment of a number of in-house counsellors who will meet almost 1000/0 of thè
organisalions needs re that service. We have also completed our strategic plan for the organI8alion which includes
systems for monitoring progress against staled objectives over the next few ye8rs.
New Inilialives
You can never accuse PIPS Hop& & Support of resting on its laurels. We are cuThently d8v8loping a buslnes8 plan
re the creation of a social enterprise development ulilising the Well-Bean Caf& premises during the days that it is not
in use as the crisis cafe. Our hope is to op8n il as a commercial cafe for use by the public. We plan to work in
partnership wllh a local mental health organisation lo provide apprenliceshlps for people with enduring mental health
issues enabling them lo re-enter the workplaco. It is also intended thét the cafe wlll go some way towards generating
income lo offset the costs of the crisis cafe.
As mentioned already we fo￿see. 81 some polnl. developlng setvice8 within the ABC council area and are actively
exploring ways lo replicate the Grisis cafe model ¢lose lo the CAH sile. Her&'s hoping.
l am stepping down in the role of chair this year, making way for new blood. I want lo say how privlleged I have been
lo have held the office for the past number of years. I'm quite sure my successor will come lo the role with fresh
enthusiasm and eneryy. Thank YOLJ to all of you who have supported me 88 chair of PIPS. I'm most grateful.
Finally, I would like lo take this opportunity lo thank you all for attending our AGM 8nd again Deirdre Magill, for
chairing this evening's proceedings. Deirdre remains a great friend and advocate for PIPS Hope and Support.
Financial Review
The financial statements are presented in the standard formal required by the Companies Act 2006 and the Charities
SORP. The Stslemenl of Financial Activities ISOFAI shows the gross income from all sources.
Financial Results
At the end of the finanaal year the company has assets of £725,065 12022 - £787,953) and liabilities of £70,434
12022 - £70,915)- The net assets of the company have decreased by £162,407).

PIPS Hope & Support Ltd
IA company limiled by guarantee, not h2vln9 a share ¢opltall
DIRECTORS. ANNUAL REPORT
for the financial year ended 31 March 2023
Reserves Position and Policy
11 is the policy of the charity that liquid unreslricled reserv&s which have not been designated for a particular purpose
should b8 maintained al a level to 8nsur8 that, in the event of a signlficanl drop in funding. we will be able lo sustain
the charity's current activities while consideration is given lo ways in which 8ddilion81 funds may be raised. 11 is a
strategic objective of the charity lo hold a minimum unreslricled liquid reserves fund amounting lo 6 months of
running costs, which would enable the charity to sustsin in challenging tim8s and continue lo operate w4lhoul other
sources of income.
The Trustees regularly review the level of liquid reserves held by the charity and consider opportunities lo apply them
in line with. and in furtherance of, its charitable objectives.
Reference and Admlnistrative detai15
Sscretsry
Eoin Duffy
Chairper80n
Patricia Trainor
Treasurer
Louise Campbell
Dlreclors
The directors who served throughout the financial year, except as noted, were as follows:
Patricia Trainor
Eoin Duffy
8arney McNeany
Louise Mary Campbell
Malcolm Robert Knox
Tracey Tookey
Geraldine Mclnlyre (Appointed 23 Dec&mb8r 20221
Aoife Jennings (Resigned 15 June 20221
In accordanc8 wlh the Conslilulion, th8 directors retire by rotation and, being ellglble, offer themselves for re-
alaclion.
The secretsry who setved during the financial year was..
EoSn Duffy
Compliance with Sector-wide Legislation and Standards
The company engages pro-actively with legislation, standards and codes which arè developed for the sector, PIPS
Hope & Support Ltd subscribes lo and is comp1iènl with the following..
Tha Companies A¢t 2006
Auditors
Daly Park & Company Ltd, Ichartered Accountsnlsl, were appointed auditors by the directors lo fill the casu81
Vacancy and they have expressed their willingness to continue in offi'ce in a¢eord8nce with the provisions of Soclion
485 of the Companies Act 2006.
Approved by the Board of Directors on 20 November 2023 and slgned on Its bghalf by:
Patricia Trainor
Dlrèctor
Eoin Dlaffy
Director

PIPS Hope & Support Ltd
IA company Ilmited by guarantee, not having a sharè capital)
STATEMENT OF DIRECTORS. RESPONSIBILITIES
for the financial year ended 31 March 2023
The directors are responsible for preparing the financial ststemenls in accordance wth applicable law and
regulations.
Company law requires the directors lo prepare financial statements for each financial year. Under that law the
directors have elected to prepare the financial slalemenls in accordance with United Kingdom Generally Accepted
Accounting Practi￿ (United Kingdom Accounting Standards and applicable lawl "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" Under company Saw the directors must not approve the financl81
statements unless they are satisfied that they give a true and fair view of the stsle of affairs of the company and of
the net income or expenditure of the company for that period.
In preparing these financial slalemenls. th& directors are requir6d lo..
selaGI sultable accounting policies and apply them consisl8nlly.,
observe the methods and principles in the Charities SORP
make Judgements and estimates that are reasonable and prudent.,
stale whether the financial statements have been prepared In accordance with the relevant financial reporting
framework. identify those stsndardg, and note the effect and the reasons for any material departure from those
standards,. and
prepare the financial slat&menls on the golng concem basis unl8SS It is inappropriate lo presume that the
company will conb'nue in operation.
The dlreclors are responsible for keeping adequate accounting records that are sufficient lo show and explain the
company's transactions and disclose with reasonable accuracy al any lime the financial position of the company and
enable them to ensure that the financial slalemenls comply with the Companies Act 2006. They are also responsible
for safeguarding the assets of the company and hence for laklng reasonable steps for the prevenllon and detecllon
of fraud and other irregularities.
In so far a8 the dlreclors are aware..
there is no relevant audit information linformalion needed by the company's auditor in GonneGtion with preparlng
th8 audilorfs report) of which the company's aud11or is unaware, and
th& dlreclors have taken all the steps that they ought to have taken as directors in order to make themselves
aware of any relevant audll information and to establish that the company's auditor is aware of that inform81ion.
Approved by tha Board of Directorg on 20 November 2023 and signed on Its behalf by:
Patrlcia Trainor
Diractor
Eoin Duffy
Dlrector

INDEPENDENT AUDITOR'S REPORT
to the Members of PIPS Hope & Support Ltd
IA company limited by guarantee. not having a share capital)
R8port on the audit of the financial statements
Opinion
We have audited the company financiel slalements of PIPS Hope & Support Ltd I'lhe company'l for the financial
year ended 31 March 2023 which comprise the Statement of Financial Activities (incorporating an Income and
Expenditure Accounll, the Balance Sheet and notes lo the financial stslemenls, including the summary of significant
accounting policies set out in note The financial roporting fr8m8work that has b8en appliad in Ih8ir preparation is
applicable law and United Kingdom Accounting Standards. including FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Slalement of
Recommended Practice applicable lo charities preparing their aocounls in accordance with FRS 102.
In our opinion, when reporting in accordance with a fair presentation framework the financial slatemenls..
give a true and fair view of the slate of the company's affairs as al 31 March 2023 and of its deficit for the
financial year then ended..
have been propedy prepared in accordance with United Kingdom Generally Accepted Aocounting Practi￿., and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law.
Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the
financial slalemenls section of our report. We are independent of the cornpany in accordance with ethical
r&quir8menls that are relevant lo our audit of the financial slalem6nls in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our olh6r alhical r8sponsibililies in accordance with Ih&s& requirements. We belleve
that the audit evidence we have ob18ined is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern
In 8udiling the financial statements, we hav? Gonoluded that the directors, use of the going Goncern basis of
accounting in the preparation of the financial slalem8nts is appropriate.
Based on the worf( we have performed, we have nol identified any material uncertainties relating to events or
conditions that, individually or collectively. may ¢ast significant doubl on the company's ability to continue as a going
concern for a period of al least ￿e1ve months from the dale when the financial slalements are aulhorised for issue.
Our re8ponslbllllSes and the responsibilities of the directors wllh respect to going concern are described In th8
relevant 8eclions of this report.
Other Informatlon
The other Informallon comprises the information included in the annual report other than the financial statements and
our Auditor's Report th8r80n. Th8 directors 8re responsible for the other informalSon contained wlthln the annual
report. Our opinion on the financial statements does not cover the other information and, except lo the exlenl
othorwiso explicitly slated in our report, we do not express any form of assurance conclusion Iher&on.
Our responsibility is lo read the other Inform81ion and, in doing so. consider whether the other information is
materially inconsistent with the financi81 $18lemenls or our knowledge obtained in the course of the audit, or
otherwise appears lo be malorially misstated. If we identify such material inconsistencies or apparent materlal
misslatemenls, we are required to determine whether this gives rise to a material misstslemenl in the financial
st8lemenls themselves. If, based on the work we have performed, we conclude that there is a material misslalemenl
of Ihls other Informatlon, we are requlred to report that fact. We have nothing lo report in thls regard.
Opinion on other rnatter 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 Directors, Annual Report for the financial year for which the financial stslements are
prepared Is conslslenl with th8 financial ststemenls., and
the Directors, Annual Report has been prepared in accordance with applicable legal requirements.

INDEPENDENT AUDITOR'S REPORT
to the Members of PIPS Hope & Support Ltd
IA cownpany liThlted by guarantee, not having a sharg capital)
Matters on which we are required to report by exceptlon
In the light of our knowledge and understanding of the company and its environment obtained in the course of the
audit. we have not identified material misstslements in the Directors, Annual Report.
We have nothing to report in respect of the following matters where th8 Companies Act 2006 requires us to report to
you it. in our opinion..
adequate accounllng records have not been kept,. or
the financial slalemenls are not in agreement with thè accounting records and return8- or
certsin disclosures of directors, rernuneralion spectfied by law are not made., or
the directors were not entitled to prepare the financial slalemenls in accordance with the small companies regime
and lake advantage of the small ¢ompanies' exemption in p￿parIng the Directors, Annual Report.
Responsibilities of directors for the financial statements
The direclors are responsible for the preparation of ihe financlal slal8mgnts and for being satisfied that they glve 8
true and fair view, and for such internal control as they determine is necessary lo enable the preparation of financial
statements that are free from malerlal misslatemenl, whether due to fraud or error.
In preparlng the flnanclal stslem&nts. the directors are responsible for asse%sing the company's abillly lo continue as
a going concem, disclosing, as appllcable, matters related to going concern and using the going concern basis of
accounting unless management elther intends lo liquidate the company or to cease operations, or has no r8alistic
allernalive but to do so.
Auditorfs responslbllltles for th8 audit of the flnanclal statements
Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from
material mlsslatement, whether due to fraud or error. and lo issue an Auditor's Report that Includes our oplnion.
R&asonable assurance is a high lavel af assurance, bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always detect a material misstalemenl when it 8xisls. Misslalemenls can aris8 from fraud or error
and are considered material if. individually or in the aggrcgale, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial slalements.
Irregularities, including fraud, ar& Instances of non-comp5iance with laws and regulations. We deslgn procedures In
line with our responsibiS11ies, outllned above. to delecl material misstatements in respect of irregularilie8, includina
froud. The exlenl lo which our procedures are capable of detecting irregularilles, Including fraud is dètailed below..
Furthgr information regardlng the scope of our responsibilities as audltor
As part of an audll In accordanc& with ISAS IUKI, we exercise professional judgement and malntsin professional
sceplicism throughout the audit. We also..
Identify and assess the risks of material rnisslatemenl of the whether du& to fraud or error, design 2nd perform
audit procedures responslve lo those risks, and oblaln audit evidence that is sufficient and appropriate lo provide
a basis for our opinion. The risk of not delectlng a material misslalement resulting from fraud Is higher than for
one resulting from error, as fraud may involve collusion, forgery, intentional omissions. misrepresenlalions, or the
override of internal control.
Obtain an understanding of Internal control relevant to the audlt In order lo dosign audit procedur88 that are
approprlate in the circumstances, bul not for the purpose of expressing an opinion on the effectiveness of th8
company's internal control,
Evaluate the appropriateness of accounllng polScies usad and the reastsnablene8s of accounting estimates and
related disclosures made by directors.
Conclude on the appropriateness of the directors, use of the going concern basis of accounting and, based on tho
audil eviden¢e obtained, whether a malerlal uncertainty exists related to events or conditions that may cast
significant doubl on the company's abilty to ¢onlinue es a going coNceTn. If we conclude that a material
uncertainty exists. we are required to draw allenlion in our Audilorfs Report to the related disclosures in the
rinancial statements or. if such dlsclosures are inadequate, lo 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 condits'ons may
cause the the company to cease to continue as a going concern.
Evaluate the overall p￿sentatIOn, structure and conlenl of the financial stalemenls, including the disclosures, and
whether Ihe financial statements represenl the underlying transactions and events in a manner that 8chieves fair
presentation.

INDEPENDENT AUDITOR'S REPORT
to the Members of PIPS Hope & Support Ltd
IA ¢ompany limited by guarantee. not havlng a share capital)
We communicate with those charged with govemanco regarding, among other mallers, the planned scope and
timing of the audit and significant audit findings. including any significant deficiencies in internal control that we
identify during our audit.
The pury)ose of our audit work and to whom we owe our responsibilities
This report is made solely lo the company's members, as a body, in 8ccord8ncè with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might stale lo the company's members those
mallers we are required to slate to them in an audilovs report and for no other purpose. To the fullest extent
permilled by law, we do not accept or assume responsibility lo anyone other than the company and the company's
mèmbers as 8 body, lor our audit work, for this report, or for the opinions we have formed.
Darragh Co
FCA (Senior Statutory Auditorl
for and on bèhalf of
DALY PARK & COMPANY LTD
Chartered Accountants and Registered Auditors
6 Trevor Hill
Newry
Co. Down
BT34 1DN
Northern Ireland
20 November 2023

PIPS Hope & Support Ltd
IA company limited by guarantee, not havlng & share capltall
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating an Income and Expenditure Accountl
for the financial year ended 31 March 2023
Unrestricted
Funds
2023
Total Unrestricted
Funds
2022
Total
2023
2022
Notes
Incomlng Resources
Voluntary Income
Charitable activities
Granls from governments and other co-funders
215,465
215.465
214,846
214,846
407,694
407.694
446,695
446,695
Total incoming resources
623,159
623.159
661,541
661.541
Resources Expendèd
Ralsing funds
Charitable activities
11,230
674,336
11,230
674,336
13.197
455,017
13,197
455,017
Total Resources Exp8nd8d
685,566
685,566
468.214
468,214
Net incomingloutgoing r8sourc8s befora transfers
Gross transfers between funds
162,4071 162,4071
193.327
193,327
Net movement In funds for the flnanclal year
162,4071 162.4071
193,327
193,327
Rgconclliation of funds
Balances brought fO￿ard a11 April 2022
14
717,038
717,038
523.711
523,711
Balances carrled forward at 31 March 2023
654.631
854,631
717,038
717,038
The Slalement of Financlal Activities iNclud8s all gains and losses recognised in the flnanclal year.
All income and expendlture relala to continuing aclivilies.
The notes on pages 14 to 18 forrn part of the financial statements

PIPS Hope & Support Ltd
IA company limit&d by guarantee, not havlng a share ¢apttall
Company Number- Nl 609642
BALANCE SHEET
as al 31 March 2023
2023
2022
Notes
Fixed Assets
Tangible assets
246,420
250,988
Current Assets
Debtors
Cash al bank and in hand
10
1,206
477,439
668
536.297
478,645
536.98S
Cradltor8'. Amounts falllng due within one year
11
170,4341
{59,6331
Net Current Assets
408,211
477,332
Total Assets lèss Currènt Llablllties
654.631
728,320
Creditors
Amounts falling due after more than one year
12
111,2821
Net Assgts
654,631
717,038
Funds
General fund {unreslri¢t8dl
654,631
717,038
Total funds
14
654,631
717,038
These financial st8tcm8nls have been prepared In accordancè wlth the Special provisions relating lo small
companies within Part 15 of the Companies Act 2006.
Approved by the Board of Directors and authorlsed for Issue on 20 November 2023 and slgned on Its behalf
by
Patricia Tralnor
Dlrector
Eoin Duffy
Dlrector
The note5 on pages 14 to 18 form part of the financial statements
12

PIPS Hope & Support Ltd
IA company limlted by guarantee, not havlng a share capltall
ACCOUNTING POLICIES
for the financi21 year ended 31 March 2023
Basls of preparation
The financial statements have been prepared under the historical cost convention and In accordance with the
Companies Act 2006 and Part 8 of the Charities Act INorthem Ireland) 2008. They also compty with the Charities
SORP leffeclive January 20151 and with the financial reporting standards. The following accounting poliaes have
been applied consislenlly in dealing with items which are considered material in relation to the company's finanaal
stalemenls.
Cash flow statement
The company has availed of the exemption in FRS 1 from the requirement to produce a cash flow ststement
because il is classified as a small company.
Incoming Resources
Voluntary income or capital is included in the Statement of Finan¢ial Activities when Ihe company is legally enlilled tts
St, Its financial value can be quantified with reasonable certainly and Iherg is reasonable c&rta1nly of 118 ultimate
receipt. Entillemenl to legacies is considered established when the company has been notified of a dislributs'on lo be
made by the executors. Income received Sn advance of due perfomance under a contract is accounted for as
deferred income until eamed. Grants for activities are recognised as Income when the related conditlons for legal
onlillemenl have been met. All other income is accounted for on an accruals basis.
Resourcès Expènded
All resources expended are accounted for on an accruals basis. Charitable acllvities include costs of services and
grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising
aclivilies. Non-slaff costs not allribulad lo one category of activity are allocated or apportioned pro-rala lo the staffing
of th8 rel8vanl service. Finance, HR, IT and adminislralive staff costs are directly allribulable lo Indi￿dual activitles
by objèctive. Governance costs are those associated with constitutional and slalulory requirements.
Tanglblo fixed assets and depr•Giation
Tangible fixod assets are slated 8t cost or 8t valuatSon, less accumulotod depreciation. The charge lo depreclatlon Is
calculated lo write off the original cost or valuation of tangible fixed assets, less their &slimal8d residual value, over
their expected useful lives as follows..
Land and buildings freehold
Flxlures. fittings and equipment
2Q/o Slralghl Ilne
200/. Stralghl line
Taxation
Deferred lax Is recognised in respect of all liming differences that have originated bul not reversed al the balance
she81 dale where transactions or events have occurred al that dale that will result in an obligation to pay more tax in
the future. or a right to pay less tax in the future. Timing differences are temporary differences between the
company's taxable income and ils results as slated in the finanaal slalemenls.
Deferred lax Is measured on an undiscounted basis at the tax rates that are anlicipaled to apply In the periods in
which the liming differences are expecla(i lo reverse, based on lax rates and laws that have been enacted or
subslanlively enactad by th8 balance sheet date.

PIPS Hope & Support Ltd
IA company limited by guarantee. not having a shar6 capital)
NOTES TO THE FINANCIAL STATEMENTS
for the finanaal year ended 31 March 2023
GENERAL INFORMATION
PIPS Hope & Support Ltd is a company limited by guarantee incoTporaled in Northern Ireland. The
registered office of the company is 50 Mill Slreet, Newry, Co. Down. BT34 2DE. North8m Ireland which is
also the prinoipal place of business of the company The financial slalements have been presented in Pound
Sterling 1£) which is also the functional currency of the company.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
2023
2022
Public Health Agency
Action Mental Health
Newry & Mourne District Councll - Amortised Grant
Income
Comrnunlty Foundation
Main Grants
CDHN
SHSCT- WB Cafe
47,844
70,845
821
47,844
70,845
821
47,106
61,815
821
49,285
13,130
2,400
31,140
49,285
13,130
2,400
31,140
49,285
9,600
46.219
215,465
215,465
214,846
CHARITABLE ACTIVITIES
Unrostricted Rostrlcted
Funds
Funds
2023
2022
Training Income
Fundraising & Donations
Giving.com
Rènt Received
28
361,552
45,637
477
28
361,552
45,637
477
3,000
331,111
112,584
407,694
407,694
446,695
EXPENDITURE
RAISING FUNDS
Dlract
Costs
Other
Costs
Support
Costs
2023
2022
Professional Fees
Advertislng & Promotion
Website & IT Costs
2,871
2,871
4.391
3,968
6,472
3,952
2,773
4,391
3,968
4,391
6,839
11.230
13.197
14

PIPS Hope & Support Ltd
IA company Ilmtted by guaranteÈ, not having a share ¢apitsll
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 31 March 2023
CHARITABLE ACTIVITIES
Direct
Costs
Other
Costs
Support
Costs
2023
2022
Audit Fees
Bank & Loan Charges
Depreciation Incurred
Fundraising. Counselling & Training
Cos
Wages & Salaries
General Expenses
Office Utllities & Other
Rent, Rala$ & Insurance
3,375
2,317
3,375
2,317
8.461
192.582
3,350
2,706
8,218
129,551
8,461
192,582
369,780
369,780
31,376
33,983
32,462
249.494
23,954
24.570
13.174
31,376
33,983
32,462
562,362
8,461
103.513
674,336
455.017
SUPPORT COSTS
Cost of Charltable
Ralslng
Actlvltles
Funds
2023
2022
Support Costs
Governanc8 Costs
6,839
74,744
28,769
81,583
28.769
54,296
22,703
6,839
103,513
110,352
76,999
ANALYSIS OF SUPPORT COSTS
2023
2022
Support Costs
Governance Costs
81.583
28.769
54,296
22,703
110.352
76.999
NET INCOMING RESOURCES
2023
2022
Net Incomlng Resourc8s aro Stated aftgr Chargingllcredltlngl:
Depreciation of téngible assets
Grnnls recelvable recelved
Amortlsatlon of grants reoeivable
8,461
{214,6441
18211
8,218
1214,025)
1821)
INVESTMENT ANO OTHER INCOME
2023
2022
Amortisation of c8pi181 grants received
Revenue grants received
821
214,644
821
214,025
215,465
214,846
INTEREST PAYABLE AND SIMILAR CHARGES
2023
2022
On bank loans and overdrafts
984
1,088
15

PIPS Hope & Support Ltd
IA company limiteil by guarantee. not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 31 March 2023
EMPLOYEES AND REMUNERATION
Number of employèas
The average number of persons employed {including executive dirÈetorsl during the financial year was as
follows..
2023
Number
2022
Number
Ch8ritsble Activities
Aanagemenl & Adminislralion of the Charity
10
10
20
Tha staff costs comprise..
2023
2022
Wages and salaries
Pension costs
359.197
10.583
241,719
7.775
369,780
249.494
TANGIBLE FIXED ASSETS
Land and
Fixtures,
bulldlngs flttlngs and
fr09hold
aqulpment
Total
Cost
Al 1 April 2022
Additlons
276,983
34,233
3,893
311,216
3,893
At 31 March 2023
276,983
38.126
31S,109
Depreclatlon
Al 1 April 2022
Charge for the fi'nancial year
36,705
5,540
23,523
2,921
60,228
8,461
Al 31 March 2023
42,245
26,444
88,689
Nat book valu•
Al 31 March 2023
234,738
11.682
240,420
At 31 March 2022
240,278
10,710
250,988
10.
DEBTORS
2023
2022
Prepayments and accrued income
1,206
668

PIPS Hope & Support Ltd
IA company limlted by guarantee, not having a share ¢apitall
NOTES TO THE FINANCIAL STATEMENTS
Continued
for the financial year ended 31 March 2023
11.
CREDITORS
Amounts falling due within one year
2023
2022
Bank loan
Trade creditors
Other Cr￿lIOrS
Accwals and daferred income
12,267
15,292
508
42,367
12.573
2,899
973
43,188
70.434
59,633
12.
CREDITORS
Amounts falllng du8 after more than one ygar
2023
2022
Bank loan
11,282
Repayable in one year or less, or on demand (Note 111
Repayable between two and five years
12,267
12,573
11,282
12,267
23,855
13.
RESERVES
2023
2022
Al 1 Aprll 2022
(Deficilllsurplus for tha financial year
717.038
162,4071
523,711
193,327
Al 31 March 2023
654.631
717,038
14.
FUNDS
14.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrlctad
Funds
Total
Funds
Al 1 April 2021
Movement during the financial year
523,711
193,327
523,711
193,327
Al 31 March 2022
Movement during the fln8nclal year
717,038
{62,407)
717,038
162.4071
Al 31 March 2023
654631
654,631
14.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2022
Income Expenditure
Transfers
between
funds
Balance
31 March
2023
Unrestrlcted funds
Unrestrided General
717,038
623,159
685,566
654.631
Total funds
717,038
623.159
685.566
654,631

PIPS Hope & Support Ltd
IA company limited by guarantee, not havSng a share capltall
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 31 Mar¢h 2023
14.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- charlty use
Current
assets
Current
liabilities
Total
Unrestricted general funds
246,420
478,645
{70,4341
654,631
246,420
478,645
{70,4341
654,631
15.
STATUS
The company is limited by guarant&8 not having a Sha￿ capital.
The liability of the members is limited.
Every member of the company undertakes lo contribute lo the assets of the comp8ny in the event of ils being
wound up while they are membeTS, or within one year thereaftar, for the payment of the debts and liabilities
of the company contracted before they ceased lo be members. 8nd tho costs, charges and expenses of
winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may
be required. not exceeding £ 1.
16.
POST-BALANCE SHEET EVENTS
There have been no significant events aff8cllng the Charlty sincg th8 financlal y8ar-end.
18

PIPS HOPE & SUPPORT LTD
IA company limit8d by guarantee, not havlng a share cap5tall
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023
NOT COVERED BY THE REPORT OF THE AUDITORS
19

PIPS Hope & Support Ltd
(A company limited by guarantee, not havlng a share capital)
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Statement
for the financial year ended 31 March 2023
2023
2022
Income
407.694
446,695
Cost of generating funds
W8ges and salaries
359,197
241,719
359,197
241,719
Gross surplus
48,497
204,976
Expenses
Staff dgfined wnlrfbulion pension costs
Rent payable
Rates
Insuranc8
Counselling Supervision
Training Expenses
Fundraising Expenses
Light and hoal
Repairs and maintenance
Printing, postag8 and stationery
Advertising
Telephone
Computer costs
Travelling and enlertalnmenl
Legal and professional
Consultancy fees
Accountancy
Bank charges
Canteen
General expenses
Subscripllons
Deprfjciation
10,583
20,381
5,802
5,741
136,463
14,700
41,319
6,720
10,795
7,556
4,391
9,450
3,968
9,960
1,246
1,625
3,375
1,823
4,500
2,194
14,332
8,461
7,775
8.971
361
3,842
79.217
6,602
43,732
3,510
10,573
6,104
3,952
4.383
2,773
5.329
1,180
5,292
3.350
1,618
2,024
4,485
12,116
8,218
325.385
225,407
Finance
Other interest
984
1,088
Mlscellaneous Income
Amortisalion of capital grants received
Revenue grants re￿iVed
821
214,644
821
214,025
215,465
214,846
Net Ideficit}Isurplus
162,4071
193.327
The supplementary infomalion does not form part of the audited financial statements
20