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2024-08-31-accounts
|
Page |
|
| Reference and Administrative information |
3 |
|
| Directors'Annual Report |
4-8 |
|
| Statement of Directors'Responsibilities |
9 |
|
| Independent Examiners' report |
10 |
- 11 |
| Statement of financial activities |
12 |
|
| Balance Sheet |
13 |
|
| Notes to the financial statements |
14 |
- 18 |
| Directors |
Rhoda Kerr (resigned 20 February 2024) |
|
Sonya Rowe |
|
Raymond Pollock |
|
Claire Kerr |
|
Kathryn Cunningham (resigned 30 April 2024) |
|
Colin Cooper (resigned 7 June 2024) |
|
John Pickering |
|
Rhonda Baird (appointed20 February 2024) |
|
Richard Preston (appointed 20 February 2024) |
|
James Todd(appointed IO September 2024) |
|
Ryan Mawhinney(appoint IO September 2024) |
| Charitynumber in Northern Ireland |
NIC 102128 |
| Companyregistration number |
N1627282 |
| Business Address |
15 High Street |
|
Lurgan |
|
Co Armagh |
|
BT66 8AA |
| Registered Office |
15 High Street |
|
Lurgan |
|
Co Armagh |
|
BT66 8AA |
| Accountant |
Grace Gault |
|
114 Ardmore Road |
|
Derryadd |
|
Lurgan |
|
BT66 6QP |
| Bankers |
First Trust |
|
18-20 Scotch Street |
|
Dungannon |
|
Co Tyrone |
|
BT70 IAZ |
| Solicitor |
Watson and Neill |
|
23 High Street |
|
Lurgan |
|
BT66 8AH |
|
Notes |
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
|
|
|
|
|
|
|
8 months to |
|
|
2024 |
2024 |
2024 |
31.08.23 |
| INCOMING RESOURCES |
|
|
|
|
|
| Generated funds: |
|
|
|
|
|
| Voluntary Income |
|
|
|
|
|
| Grants Received |
|
|
75,670 |
75,670 |
51,700 |
| Gifts & Donations |
|
162,875 |
14,500 |
177,375 |
124,200 |
| Activities for generating funds |
|
|
|
|
|
| Fundraising Activities |
|
18,898 |
|
18,898 |
8,632 |
| Other Income |
|
|
|
|
130 |
| Income from Connect |
|
143,099 |
|
143,099 |
58,158 |
| Net Incoming Resourcesavailable for |
|
324,872 |
90,170 |
415,042 |
242,820 |
| charitable application |
|
|
|
|
|
| RESOURCES EXPENDED |
|
|
|
|
|
| Charitableactivities |
|
(285,959) |
(104,086) |
(390,045) |
(238,147) |
| Support costs |
|
(16,050) |
(3,606) |
(19,656) |
(13,104) |
| Total Resources Expended on |
|
(302,009) |
(107,692) |
(409,701) |
(251,251) |
| Charitable Activities |
|
|
|
|
|
| SURPLUS/(DEFICIT) FOR THE YEAR |
|
22,863 |
(17,522) |
5,341 |
(8,431) |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Balances brought forward at |
|
105,562 |
37,514 |
143,076 |
151,507 |
| I September 2023 |
|
|
|
|
|
| Balances carried forward at |
|
128,425 |
19,992 |
148,417 |
143,076 |
| 31 August 2024 |
|
|
|
|
|
|
|
2024 |
2023 |
|
Notes |
|
|
| FIXED ASSETS |
|
|
|
| Tangibleassets |
4 |
2,021 |
|
| CURRENT ASSETS |
|
|
|
| Debtors |
5 |
14,885 |
5,266 |
| Cash at bank and in hand |
|
165,686 |
143,970 |
|
|
180,571 |
149,236 |
| CREDITORS: Amounts falling due within |
|
|
|
| oneyear |
6 |
(34,175) |
(6,160) |
| NET CURRENT ASSETS |
|
146,396 |
143,076 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
| LIABILITIES |
|
148,417 |
143,076 |
| NET ASSETS |
|
148,417 |
143,076 |
| FUNDS |
|
|
|
| Unrestricted funds |
|
128,425 |
105,562 |
| Restrictedfunds |
|
19,992 |
37,514 |
| TOTALFUNDS |
7 |
148,417 |
143,076 |
| NALYSIS OF RESOURCES EXPENDE |
D |
|
|
|
|
Charitable |
Support |
|
|
|
Activities |
Costs |
Total |
Total |
|
2024 |
2024 |
2024 |
8 months to |
|
|
|
|
31.08.23 |
| Wages& Salaries |
369,194 |
|
369,194 |
215,397 |
| ProgrammeActivities |
3,858 |
|
3,858 |
2,794 |
| Insurance |
|
888 |
888 |
1,300 |
| Telephone |
|
688 |
688 |
389 |
| Office& Running costs |
2,327 |
|
2,327 |
2,148 |
| Mileage |
8,195 |
|
8,195 |
5,569 |
| Fundraising Expenses |
2,262 |
|
2,262 |
1,155 |
| Heat& Light |
|
1,450 |
1,450 |
670 |
| Training |
1,543 |
|
1,543 |
2,447 |
| Rent & Rates |
|
8,394 |
8,394 |
5,679 |
| Staff Costs |
2,666 |
|
2,666 |
3,046 |
| Accountancy |
|
500 |
500 |
500 |
| Bank Charges |
|
1,044 |
1,044 |
698 |
| General |
|
|
|
|
| Repairs to building |
|
485 |
485 |
|
| Advertising |
|
4,319 |
4,319 |
9,459 |
| Legal & professional |
|
1,152 |
1,152 |
|
| Depreciation of assets |
|
736 |
736 |
|
| Totals |
390,045 |
19,656 |
409,701 |
251,251 |
|
|
2024 |
2023 |
| The staff costs comprise: |
|
|
|
| Wages and salaries |
|
359,070 |
209,365 |
| Pension costs |
|
10,124 |
6,032 |
| Interns |
|
|
|
|
|
369,194 |
215,397 |
|
|
Computer |
Total |
| 4. |
FIXED ASSETS |
Equipment |
|
|
Cost |
|
|
|
At I September 2023 |
|
|
|
Additions |
2,757 |
2,757 |
|
Disposals |
|
|
|
At 31August 2024 |
2,757 |
2,757 |
|
Depreciation |
|
|
|
At I September 2023 |
|
|
|
Charge for theyear |
736 |
736 |
|
At 31August2024 |
736 |
736 |
|
Carrying amount |
|
|
|
At 31 August 2024 |
2,021 |
2,021 |
|
At 31 August 2023 |
|
|
| 5. |
DEBTORS |
|
2024 |
2023 |
|
Prepayments |
|
864 |
|
|
Tax Reclaim |
|
8,821 |
5,266 |
|
Connect Income |
|
5,000 |
|
|
Donations |
|
200 |
|
|
|
|
14,885 |
5,266 |
| 6. |
CREDITORS: amounts falling due within oneyear |
|
2024 |
2023 |
|
Othertaxes and social security costs |
|
3,160 |
3,955 |
|
Other creditors |
|
1,845 |
1,705 |
|
Accruals and deferredincome |
|
29,170 |
500 |
|
|
|
34,175 |
6,160 |
| 7. |
ANALYSIS OF NET ASSETS BY FUND |
Current |
Current |
Total |
|
|
Assets |
Liabilities |
|
|
Unrestricted Income |
133,930 |
(5,505) |
128,425 |
|
Restricted Income |
48,662 |
(28,670) |
19,992 |
|
|
182,592 |
(34,175) |
148,417 |
MOVEMENT
IN FUNDS |
|
|
|
|
|
|
Incoming |
Resources |
At |
|
1 sep 2023 |
Resources |
Expended |
31 Aug 24 |
| Unrestrictedfunds |
|
|
|
|
| General fund |
105,562 |
324,872 |
(302,009) |
128,425 |
| Restricted funds |
|
|
|
|
| Dormant Assets Nl |
2,850 |
2,000 |
(3,606) |
1,244 |
| Smurfit Kappa Foundation |
7,000 |
|
(7000) |
|
| Dormant Assets NI |
5,464 |
17,170 |
(17,886) |
4,748 |
| Benefact Trust |
7,200 |
|
(7,200) |
|
| UK Youth |
|
35,000 |
(35,000) |
|
| Other Donations |
15,000 |
36,000 |
(37,000) |
14,000 |
| TOTALFUNDS |
37,514 |
90,170 |
(107,692) |
19,992 |