PIPS Hope & Support Ltd IA company Ilmited by guarantee, not liaving a sliare capital) STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Income and Expeiiditure Account) for the financial year ended 31 March 2024 Unr05trl¢tod Flrnds 2024 Total Unreslricled Fund5 Funds 2024 2023 Total Funds 2023 Notes InGomiiig Rosovrc95 Voluntary In¢ome Charitable aGlivilies Grants from governments and other ¢o.funders 198,718 198,716 215,465 215,465 467,719 467,719 407,694 407,694 Total incoming resourcos 666,435 666,435 623.159 623,159 Rosourcos Expondgd Ralslng funds Charitable aclivi118S 26,322 757,761 26,322 757,761 11,230 874,336 11,230 674,336 Total Resources Expended 784,083 784,083 685,566 685,5e6 Not Incomlngloutgolng resources before transfers 1117,6481 1117,6481 162,4071 162,4071 Gross transfers between funds Nel movemènt in funds for tho financial yoar 1117,6481 1117,6481 162,4071 162,4071 Reconclllallon of funds- Total funds boginning ol tlie ygar 13 654,631 654,631 717,038 717,038 Total funds at the ond of the yoar 536,983 536,983 654,631 654,631 Tha Slalenignl of Flnanclal Actlvltles Includes 811 galns end105ses recognlsed In tho financial year. All income and expenditure relate lo continuing aclivilies. notes on pages 13 10 16 form part of the financial statements PIPS Hope & Support Ltd IA company limited by guarantoo, not having a share capital) Company Number= Nl £09642 BALANCE SHEET as at 31 Marcli 2024 2024 2023 Notes Flxed Assets Tanglbla 8ssels 238,903 246,420 Curreiit Assets Debtors Cash al bank and in hand 10 1,606 352,842 1,208 477,43S 354,448 478,645 Creditors: Amounts falling dLre within one year 11 156,3681 170,4341 Not Curront Assots 298,080 408,211 Total Assets less Curront Liabllilios 536,983 654.631 Funds General fund lunreslrlcledl 536,983 654,631 Total funds 13 536,983 654,631 These Ilnanclal slalemenlg havè been prepared in accordance with the special provislons rèlallng lo smtsll companiès within Part 15 of tho Gompanl8s Act 2006. Approved by the Board of Diretlors artd authorised for issue on 5 July 2024 and signÈd on Its behalf by Palrl¢la Tralnor Diroclor Eoln Duffy Dlrector The notes on pages 13 to 16 form part of the financial slalernents PIPS Hope & Support Ltd IA company limitod by guarantee, noi having a share capital) ACCOUNTING POLICIES for the financial year ended 31 Marcl) 2024 Basis of preparation Tho finanGial slalemenls have beon propared undgr Ilie histori￿] cost convcnlion and in aword¥nce with the Companles Act 2￿ll& and Part 8 of the Charities AGI (Northern Ire147ndl 200a. They alsa comply with 11)e Chari1188 SORP loffoalivo January 20151 And wllh the flnanclal r&pc>rtlng standards. The followlng accounting policics hava been applied consislenlly in dealing with ilerns which aro considered maleriol in relation lo the ¢ompany's financlal slalemenls. Cash flow statemont The company ha8 avalled of Ilie exempllon In FRS 1 Irom the requiremenl lo produca a ca8Ii flow slalein&nl becaus8 il is classifiod as a small company. Incoinlng Resources Voluntary income or capi181 Is included In the Slalemenl of Fln2nclal Activities when tha company is18gally enli118d lo it, ils financial value can be quantified with reasonable c8rtainly and there is reasonablo cortainly of ils ullimale receipt. Enlillemenl lo legacios is considorod oslabli5hod whon tho company has been notified of a dislribulian lo be made by the executors, Incomo rocoivod in advanco of due porformance under a contract is e¢¢ounled for as deferred Income until @arned. Grants for aclivilios ar8 recognised as income when the related condlllons lor legal enlillemenl have been mel. All other income is accounted for on an accruals basis. Resources Expended All resour¢Ès expended are accounlcd for on an accruals basis. Charitable aGlivilies include costs tsf seNlces 8nd grsnls, support costs 2nd depreciailon On relaled assets. Cosls tsl generailng funds slmll8rly includ& fundrEJising 8clivilies. Non-slBff eosls not allribuled lo one cklegory of acllvlly llre 211ocaled or apportion8d pro-rala lo tho slalfing of the relevant 8eNice. Finance, HR, IT and adminislr