Registered company number . Nl 050662 Reigistered in Northern Ireland Registered charity number . NIC 102333 Charity Number XR37170 NORTH DOWN COMMUNITY NETWORK IA Private Company Limited by Guarantee) ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 24
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Contents OfFicers and Advisors Responsibilities of the Trustees Trustees Report Independent Examiners Report Statement of financial activities activities Balance Sheet io Notes to the accounts 11-15 Detailed Statement Of Financial Activities (For Directors Only) 16-23
NORTH DOWN COMMUNITY NEfwoRK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Officers And Advlsors DirertorslTrustees Valerle Mi$kimmon- Slorehouse North Down David McClarln- Independent Margaret Boylo- Independent Peter Gay- Independent Aaron Mcmahon - Clandeboye Village Community Assoclalion Robin Masefield- Independent Kirsty Richardson- Independent (chalersOn) fTreasurerJ (Appoinked 25th April 2023) (Resignod 25th Apnl 2024) (Resitjned 25111 Apnl 2024) (Appointed 25th Apnl 2024) Registered Office 5 Castle Park Road Bangor BT20 4TF Bankers Ulster Bank Springfield Shopping Centre Bangor BT19 INB Independent Examiner Adam McDowell FCCA Hamilton Morris Waugh Chartered Certif led Accountants 34 Dufferin Avenue Bangor Co Down BT20 3AA
NORTH DOWN COMMUNITY NFfwoRK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 RESPONSIBILITIES OF THE TRUSTEES The trustees (who are also the directors of North Down Community Network for the purposes of company lawl are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP 2015 IFRS102)' observe the methods and principles in the Charities SORP; make judgments and estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements," • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statement5 comply with the Companies Att 2006. The trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as, the trustees are aware: • there is no relevant audit information of which the charitable company's auditor is unaware. and the trustees have taken all steps that they ought to have to make themselves aware of any relevant accounts information and to establish that the independent examiner is aware of that information. By order of the board Valerie Miskimmon Director Date: IQ IL
NORTH DOWN COMMUNITY NETWORK Company limited by guarantee.. Charity Commission registered: HMRC registered Company No.. Nl 050662, incorporated 13th May 2004 Number: NIC 102333 Charity Number.. XR 37170 Registered address: North Down Community Network Resource Centre, 5 Castle Park Road, Bangor, Co Down, BT20 4TF ANNUAL REPORT 2023-2024 The Trustees, who are also directors for the purposes of company law. have pleasure in presenting their report and the examined financial statements of the charity for the year I period ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" {FRS 102) in preparing the annual report and financial statements of the charity. Trustees of the charity The directors of the charitable company are its trustees for the purposes of charity law. The trustees who have served during the year and since the year end are as follows: Peter Gay Aaron Mcmahon Robin Masefield Resigned 25 April 2024 Valerie Miskimmon Chairperson David Mcclarin Treasurer Maggie Boyle Kirsty Richardson th Resigned 25 April 2024 th Appointed 25 April 2024 Structure, governance and management North Down Community Network (NDCN) is a company limited by guarantee. It has 56 paying members which are organisations operating in the community and voluntary sector in or around the north of Down - and another 42 non-paying associates". The members elect a board of up to 12 directors each of whom is recommended by a member organisation, except for up to 3 independents who are selected because they bring particular skill or knowledge. Its day-to-day operations are controlled by the Manager who reports to the board. As at 31 March 2024 Objectives and activities NDCN exists because there are communities and individuals in Bangor and the wider north of Down who need assistance. It seeks to help people to help themselves and its vision is that communities in Bangor and the wider north of Down should be safe, peaceful, diverse, inclusive, flourishing and economically vibrant- thus making the area one in which people want to live.
In particular its charitable purposes include.. In particular its charitable purposes include- promoting the efficiency and effectiveness of voluntary and community organisations and projects in the north of Down by providing advice, information, education and training, administrative support and practical assistance- b. promoting or assisting in promoting capacity building programmes and projects for the benefit of the people who have need of such assistance as a result of their youth, age, disability or infirmity, or social and economic circumstances. relieving poverty by the promotion, facilitation and organisation of adequate. accessible and quality programmes of vocational and educational training., d. promoting or assisting in the promotion of cooperation and networking between voluntary and community organisations and others in the area; and identifying, and helping to address, the funding and policy needs of voluntary and community organisations in the area of benefit. NDCN acts as a focal point for the community and for community and voluntary sector organisations in the north of Down. For them it delivers a range of regular andlor routine services, it reacts where it can when it is asked and proactively it tries to identify issues where it thinks it can make a difference for their benefit. Throughout 2021-2022 operations were significantly affected both by the restrictions placed on them by the Covid-19 pandemic and by the additional community needs that pandemic caused. Both these effects are reflected in the following activity summaries: Routine activities. In 2023-24 NDCN'S activities included.- The operation of the accessible town centre drop-in space on Main Street Bangor. the NDCN Wellbeing Centre & Community Hub. A weekly programme of wellbeing activities Monday- Friday for people to access towards supporting their physical and mental health and wellbeing, funded by the Public Health Agency. The provision of community outreach support and capacity building from the Outreach Community Development Worker who is funded by the Nl Housing Executive. Supporting the provision of support for young people in four areas of Bangor funded by The National Lottery Community Fund. A range of information and support services to strengthen the infrastructure of the Community and Voluntary sector across North Down. Collaborative activities with a range of partner organisations. Activities to support the health and wellbeing of people in need with signposting services, group work sessions, a mental health forum and access to IT, funded by the Dep of Health via CFNI. Reactive res onses. NDCN endeavours to respond to needs, such as those which create a crisis andlor require an urgent response, as and when they emerge in communities. During the year there continued to be a responsive approach to managing the impact of the cost-of-living crisis and the pressures and challenges this placed on the most vulnerable people in communities. We delivered services and support in communities on an outreach basis with partners and the work with young people via weekly youth clubs
and tailored programmes. These challenges were also compounded by the ongoing impact of the pandemic on the mental health of people, young and older. Proactive initiatives. NDCN looks out for other opportunities to further tts work and engage strategically for benefit of the people and groups it serves and support. For instance, we conduct needs assessment to help identify needs and plan the most appropriate response. we also continue to participate in a range of forums and partnerships and facilitate the North Down Community Practitioners Forum to support and co-ordinate volunteer lead community associations as they respond to needs in their communities. NDCN participate in the Charity Commission Forum to represent the needs of our member groups and partners. In addition, NDCN are members of the Bangor Connects group, which includes representatives from local groups, businesses, and organisations. We also continue to host the NDCN Community Matters podcast which aims to explore important issues and needs in an informal and accessible way. topics covered are in direct relation to need so have included the impact of cost of living, housing shortages, political apathy in Nl and more. Achievements, performance and public benefit statement In addressing its objectives and declare purposes during the year NDCN delivered the following benefits.. 1. Sector su ort. Promoting the efficiency and effectiveness of voluntary and community sector in the north of Down: 201 occurrences of one-to-one support with community groups and organisations. 59 meetings to lobby for needs of community groupslareas. Hosted 2 showcasing volunteer events. Delivered 416 training, development or health sessions to participants. Conducted 4 needs assessment suNeys in areas of disadvantage. 5856 people signposted to a range of information, services and support. Supported groups with 48 applications for funding. Signposted 46 people onto volunteering. Issued 28 online magazines (e-zines) to 410+ contacts. 1000 social media posts promoting the activities and services of community groups. Created and distributed 20,000 'information and support summary, booklets which contained a wide range of information about member groups and many other sources of support and information. Created 12 NDCN Community Matters podcast programmes created. Supported 2 new groups with the charity registration process. 2.ca acit buildin such assistance: Promoting capacity building for the benefit of the people who need Delivered youth clubs for 10-15 year olds with 1800 attendees over the year, to meet their needs regarding safe, fun and welcoming spaces to build their capacity, resilience, life skills and aspirations. This also include a Children In Need programme to support career development and improve educational attainment of young people.
Created 2 volunteer showcasing and recognition events with 156 people attending. Facilitated the Asylum Seekers support group consisting of partners from the statutory sector, Mears Foundation, faith based and community and voluntary sector who were collectively seeking to respond to the asylum seekers who were put in Bangor by the Home Office after arriving in the UK. 3. Pove relief. Relieving povety by accessible schemes and programmes of vocational and educational training.. Provided one-to-one and small peer group training on 8 occasions build capacity, skills and knowledge of local community group volunteers. Made 189 foodbank referrals for people in povety who required food. Distributed 112 warm packs of clothing for people on benefits or from vulnerable groups. Supported people in need and crisis with electric, gas. white-goods, and meal vouchers as part of a 'hardship co-operative. with 5 other community partners. Signposted 302 people on to Advice services. Secured resources to help people at risk of homelessness remain in their homes and maintain their tenancy. Delivered Community Café in town centre for people in need. 4. Networkin Promoting cooperation and networking between voluntary and community organisations and others: NDCN are members of the Borough Community Planning Povety Forum group, members of Bangor Connects (stakeholders in Bangor exploring regeneration of the town), and the Charity Commission Nl Forum. Hosted 7 Community Practitioner meetings consisting of 5 volunteer led Community Associations from areas of need. NDCN attended 4 regional meetings with Network Organisations across Northern Ireland. Hosted 2 Mental Health Forum meetings to share best practice and collate information to maximise the ability of member groups to signpost people on to support and services. 5. Or anisational hel Helping to address the needs of voluntary and community organisations: Supported groups with 47 applications for funding. Supported 13 groups with Charity Commission returns to ensure regulations were met. Conducted examination of accounts for 18 groups and organisations. Conducted 80 Access Nl checks for groups and organisations. On 325 occasions met with community groups and organisations for training. support and capacity development. Supported community groups with applications to support their activities in responding to communities and residents and their needs emerging from the cost-of-living crisis,
ongoing impact of mental health issues and concerns about the uncertainty of Nl political situation. Financial review (including reserves policy) NDCN can do all this because it receives funding from the Department for Communities, the Public Health Agency, the Northern Ireland Housing Executive, The National Lottery Community Fund, Dept of Health via Community Foundation for Nl, Children In Need, Ards and North Down Borough Council. It is thus dependent on these funders for its ability to operate. NDCN also has a small income via donations which are used to top-up and cover unfunded costs. NDCN has established the minimum the level of free 'special' reserves that the charity ought to have. This is the level of unrestricted general funds which should normally be at least enough to cover the cost of closure (which would include the next three months of the estimated running costs for committed overheads plus that amount of money which would cover staff redundancies). After being reviewed last year. the 2023-24 this resenie amount was set at £26,000. This will be reviewed again in the coming year. Goin concern note. Due to the challenges of funding pressures within the Community and Voluntary Sector, NDCN has made a deficit in the year. However, the organisation has shown an improvement from the prior the year. They will be continuing these efforts to achieve and maintsin financial sustainability. Plans for future periods NDCN'S future plans are to continue to deliver appropriate routine. reactive andlor proactive services and, in order to be able to do this, to continue to source support where it can but to work as efficiently as possible within the limits of the funding it manages to obtain. Disclosure of information to the examiner We, the directors of the company who held office at the date of approval of these Financial Statements as set out above each confirm, so far as we are aware, that.. there is no relevant accounting information of which the company's auditors are unaware., and we have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant accounting information and to establish that the company's examiner are aware of that information. In approving the Trustees, Annual Report. we also approve the Strategic Report included therein, in our capacity as company directors." On behalf of the board Valerie Miskimmon MBE Chairperson
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Independent Examiner's Report to the North Down Community Network Respective responsibilities of trustees and examiner As the charity trustees land also the directors of the company for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to: examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008; follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9llbl of the Charities Act; and state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519}Ibl of the Charities Act. The examination Included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l That accounting records were not kept in accordance with section 386 of the Companies Act 2006 2 That the accounts do not accord with those accounting records 3 That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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 4 That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because l am a registered member of the Association Of Chartered Certified Accou ntants which is one of the listed bodies. I have completed my examination and have no concerns in respett of the matters111 to141 listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Adam McDowell FCCA Independent Examiner For and on behalf of Hamilton Morris Waugh Chartered Certified Accountants, 34 Dufferin Avenue Bangor Co Down BT20 3AA
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Statement of Financial Actlvities Notes Unrestricted Designated Restrlcted Funds Funds Funds Special Reserve Total 2024 Totol 2023 Incoming Resour5 Charitable Activities 19,784 282,122 301,906 273,229 Incomin resources from enerated funds Voluntary Activities which generate funds Other Incomin Resources Total incoming resources 13,679 28,229 9,546 13,679 28,229 9,546 353 360 11,954 31,641 14,996 331819 282 122 Resources expended Raising Funds Charitable Activities Governance costs Total resource5 expended 75,576 7,389 82,965 1,267 284,485 361,328 7,389 368,717 358,072 7,497 365 569 284.485 Net incoming resources {11,7271 {1,2671 12,363) 115,357} (33,750) Net movement In funds Fund balances carried forward at I April 23 Transfer to special reserves Transfers between restricted, designated and unrestricted funds 65,596 17,037 44,350 26,000 152,983 186, 733 Fund balances Carried forward at 31 March 2024 53,869 15,770 41.987 26,000 137,626 152,983 All of the above results are derived from continuing activities. All gains and10sses recognised in the year are included above.
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 Charity Balance Sheet Company Registration Number N1050662 Notes 2024 2023 Fixed assets Tangible assets As restated for premises 12,795 16,313 12,795 16.313 Current assets Debtors Cash at bank and in hand 3,294 137,792 141,086 13.286 137.764 151,050 Creditor5: amounts falling due within one year 16,254 14.380 Net current assets Net assets 124,832 137,626 136,670 152,983 Funds: ecial Reserves Unrestricted Funds General funds Designated funds Restrirted Funds Total funds 26,000 26,000 53,869 15,770 41,987 137 626 65,596 17,037 44,350 152,983 For the year ending 31st March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies but as this company is a charity, it 15 subject to an Independent Examination under the Charities Act (Northern Ireland) 2008. Dirertors, responslbilities: The members have not required the company to obtsin an audit of its accounts for the year In question in accordance wlth section 476: The director5 acknowledge thelr responsibilities for complying with the requirements of the Act w5th respett to accounting records and the preparation of accounts. The Company's financial statements have been delivered in accordance with the provislons applicable to companles subject to the small companies regime. The financial statements on pages 8 to 13 were approved and authorised for Issue by the trustees and signed on behalf of the board: Io. (L. • David Mcclarin (Treasurer) Date z& /2. Valerie Miskimmon Ichairpersonl Date The note5 on pages 11- 13 form part of these accounts io
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Notes forming part of the financial statements I Company status The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1.00 towards the assets of the company in the event of liquidation. 2 Accounting policies lal Basis of preparation The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice ISORPI, "Accounting and Reporting by Charities" published in 2005 and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006. (b) Company status The charity is a company limited by guarantee. The members of the company are the trustees named on the 'Legal" page. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. Ic} Fund accounting Unrestricted funds are available for use at the discretion of the directors in the furtherance of the objectives of the charity. Restricted funds are subject to restrictions on their expenditure imposed by the funder. Incoming Resources All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policy is applied to a particular category of income: Voluntary income is received by way of donations, appeals and collections and is included in full in the Statement of Financial Activities when receivable. {e) Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to attivities on a basis consistent with use of the resources. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity lfj Value Added Tax The charity is not registered for VAT purposes, therefore irrecoverable VAT is charged to the Statement of Financial Activities, or capitalised as part of the cost of the related asset where appropriate Igl Tangible fixed assets and depreciation Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. li
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 315r March 2024 Notes forming part of the financial 5tatementS 2 Accounting policies Icontlnuedl Depreciation is provided on all tangible fixed a55ets at rates calculated to wrlte off the cost on a straight line basis over thelr experted useful economic lives as follow5: Office Equipment Fixtures & Fittings Computers Premises Ihl Cash and cash equivalents Cash is represented by cash in hand and deposits with financial inttitutlons repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acqulsltion and that are readily convertible to known amounts of cash wlth insignificant risk of change in value. 20% straight line 12.5% straight line 25% straight line 15% straight line 111 Flnanclal Instruments The Company only enters into basic financial instruments transactlons that result in the reco8nition of financial a55ets and liabilities like other accounts reteivable and payable. Ul Judgments In applying accounting pollcle5 and key sources of estimation uncertainty There have been no material judements needed or used in preparatlon of these accounts. Ul Pension costs The company operates a defined contribution scheme for the beneflt of its employees. The cost5 of contributions are wrltten off against profits in the year they are payable. 3 Incoming Resources Unrestricted Funds Designated Fund5 Restricted Funds Total 2024 Total 2023 Incomin resources from charitable artivities.. Public Health Authority Access Nl Dfc Grants- CIF Dlce Futures DICE Connections PCDW- NIHE ANDBC- SLA Blg Lottery (Awards for ALLI NIHE Homelessness Preventlon Homelessness 21-22 Lottery Climate Fund Ards.& North Down Borough Council CFNI Iwellbeingl Co-op Tesco Groundwork 58,670 58,670 1,803 51,118 29,970 64,064 2.467 54,784 1,803 51,118 29,970 12,500 30,872 10,433 33,941 33,941 12,750 1.626 17,981 17,981 98,950 98,950 68,425 1,009 1.125 5,000 9.833 1,592 273.228 SE Trust Across the Generatlons Chlldren In Need ACNI 9,333 140 282,122 9,333 140 301,906 19,784 Incomin re50urce5 from Volunta Income Donations & Glfts Gift Aid Activities which enerate funds Donations for use of rooms Membership Fees MemberAccounts enerated funds: 13.679 13,679 11.954 28,229 2,000 756 28,229 2,0 756 30,041 1.600 Other 6,790 71.238 6,790 353 360 14.996 331819 Total incorning resources 282,122 12
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Notes forming part of the financlal staternents Unrestricted Designated Restricted Funds Funds Funds Total 2024 Total 2023 3 Resources expended Raising Funds Unfunded salaries Unfunded employers pension Cleaning Advertising & Marketing PHA costs Access Nl Light & Heat Printing, stationery & postage Telephone & Internet Computer costs Repairs and maintenance General Ground rent Travel and entertaining Subscriptions Insurance Water rates Sessional Hours Fundraising Costs Project Expenses Awards for all DfC/CIF costs DICE Futures costs Dice Connection5 Costs Return of Grant Income NIHE Homelessness Prevention Homelessness 21-22 Lottery Climate Fund SE Seeding Trust Lottery Covid Response ANDBC SLA costs CFNI (Wellbeing) Children In Need Other PCDW projert 31,057 668 487 120 31,057 668 487 120 63,269 1,267 4,181 4,558 2,507 830 1,827 134 2,000 98 541 1,943 83 680 26,163 1,368 322 990 66,386 792 8.046 1,604 1,970 747 739 1,489 63,269 1,267 4,181 4,558 2,507 830 1,827 134 2,000 98 541 1,943 83 680 266 884 582 157 260 126 3.386 10.760 51.096 53,950 23.514 23.514 50,182 8,385 7,622 18,274 50,182 8,385 7,622 18,274 1.626 2.489 2,961 2.602 2,961 2,602 206 426 87,364 77,301 19.166 1.253 33.470 284,485 77,301 19,166 1,601 33,470 361328 348 3,158 31,972 358,072 75,576 Governunce Cost5 Depreciation 8onk Charges Audit & occountunry 6.512 262 615 7.389 325 1,168 7.497 Totsl resources expended 82,965 1,267 284,485 368,717 365 569 13
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Notes forming part of the financial statements 4 Dlrectorf remuneration The Directors neither received nor waived any emoluments during the year {2023: £Nill. 5 Staff Costs The average number of employees, calculated on a full-time equivalent basi5, analysed by function was.. 2024 2023 Management and administration There were no employees receiving a salary of more than £60,000 for year to 2024 and 2023. Employment costs 2024 Wages and salaries 170,666 Social security costs 9,096 179,762 2023 169,117 9,837 178,954 6 Tanglble fixed assets Computers Office Equlpment Fixtures & Fittings Premises Total Cost 1st April 2023 Additions Disposls 31st March 2024 33,322 5,367 2,994 14,981 io,ioo 63,770 2,994 33,322 8,361 14,981 io.ioo Depreclatlon 1st April 2023 Charge for year Disposals 31st March 2024 Net book value 31st March 2024 31st March 2023 22,619 3,636 4,457 923 12,806 438 7,575 1,515 47,457 6,512 7,067 10,703 2,981 910 1.737 2,175 I,oio 2,525 12,795 16,313 7 Debtors Trade debtors Other debtors Prepayments and accrued income Unrestricted 3,304 Desi nated Restricted 2024 3,304 2023 13,296 io 3,294 io 3,294 (io) 13,286 8 Cash at bank and in hand U Ister Bank current CIF 3.3 PHA Grants Dice Cash in hand Unrestricted 106,019 Desi nated Restricted 2024 106,019 792 8,295 22,223 463 137,792 2023 69,054 51,348 8,342 8,895 124 137,763 792 8,295 22,223 463 106,482 31,310 14
NORTH DOWN COMMUNITY NEfwoRK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Notes forming part of the financial statements 9 Creditors: amounts falling due within oneyear Unrestricted De51 nated Restricted 2024 2023 Taxation and social security costs Trade creditors Other creditors Accruals and deferred income 1,378 11,716 3.160 16,254 1,378 11,716 3,160 16.254 1,495 11,325 1,560 14,380 10 Related party transactions and control North Down Community Network is constituted as a charitable company limited by guarantee and having no share capital. As such,thore are no members with shareholdings in control of the company,. control is vested in the trustees a5 a bodv. Invoices totalling £15,45512023 £6,083). relating to 18 transactions for printing12023 - 20 transactions), were paid to Clandeboye Printing Services. Clandeboye Printing Services is owned by North Down Community Network directorAaron Mcmahon. 11 Restatment of reserves The trustees have reviewed the assets valuation for the current period and have concluded it to be of fair value. 15
NORTH DOWN COMMUNITY NEfwoRK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Detailed Statement of Flnanclal Activitie5 Communlty Investment Fund/DFC Unrestricted Designated Restrlrted Funds Funds Funds Total 2024 Total 2023 Income Dfc Grant 51,118 51.118 51.118 54,784 54,784 Ex enditure Sessional hours Salaries and wage5 Employers NIC Fuel & Energy Return of grant income 4,239 42,585 1,859 1,500 4,399 54,581 4,239 42,585 1,859 1,500 4.399 54.581 4,951 43.199 2.946 1,50Q 52,596 Surplus/lDeficitl 3.463 2,188 NIHE Homelessne55 Preventlon Unrestricted Designated Restricted Funds Funds Funds Total 2024 Total 2023 Income Grant 12.750 12,750 Ex enditure Project Costs Project expenses Light. Power & Heat Printing & Stationery Room Hire Line Management & evaluation Return of grant income 12.750 12,750 12,750 12,750 Surplus/lDeficitl 12.750 12.750 12,750 16
NORTH DOWN COMMUNITY NWORK ANNUAL REPORT FOR THE YEAR ENDED 315T March 2024 Detailed Statement of Financial Activtties PHA Project Unrestricted Designated Restricted Funds Funds Funds Total 2024 Totol 2023 Income Public Health Agency Grant General Income 58,670 58,670 64,064 Ex endl Staff costs Salaries and wages Employers NIC Travel and subsistence Prolect ¢05ts Runnlng costs Telephone Prlntlng, postage & stationery Heat and light Insurance Repairs and maintenance Hospitallty Bank Fees Management Charges Audit Fee Rent 32,084 2,002 25 19,897 255 598 2,258 1,092 1,500 59 32,084 2.002 25 19,897 255 598 2.258 1.092 1,500 59 32.932 3, 712 23.021 317 1.227 1,058 1,782 35 1,337 3L 1,000 2.000 1.000 500 2,000 1,000 500 SurplusllDeficitl 17
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Detailed Statement of Flnancial Activities DICE Connertlons Unrestrlcted Deslgnated Restrirted Funds Funds Funds Total 2024 Total 2023 Income Donations & Gifts National Lottery Community Fund Other Income 12,500 12.500 enditure Staff t05ts Salaries and wages Employers NIC Access Nl Fees Recruitment Expenses Travel and subsistence Proje¢t Costs Running costs Printing, postage & stationery Heat and light Telephone & Internet Repairs and maintenance Accomodation Insurance 4,286 4,286 23, 741 2,019 3,067 3,067 23,631 730 269 269 482 1.113 IT Costs Management Charges Audit Fee Staff training General Expenses 800 264 1,671 7.622 7,622 Surplus/lDeficitl 7,622 7,622 41,951 18
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Detailed Statement of Financial Artlvities National Lottery- Awards For All Unrestrirted Designated Restricted Funds Funds Funds Total 2024 rotal 2023 Income Grants Other Income Ex enditure Staff costs Salaries and wages Employers NIC Travel and subsistence Projert costs Sessional Hours Project expenses Running c05ts Telephone & internet Heat and light General Expenses 2,234 5,388 1,392 1,747 10,761 SurplusllDeficitl 10,761 19
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Detailed Statement of Financial Activitles Perlpateti¢ Communlty Development Worker Projert Unrestrlcted Designated Restricted Funds Funds Funds Total 2024 Total 2023 Income NIHE Grant Other Income 33,941 33,941 30.872 33.941 33.941 30,872 Ex enditure Staff costs Salaries and wages Employers NIC Acce55 Nl Telephone Travel and subsistence Projert Costs 31,624 31,624 31.624 179 1,739 1,739 106 106 169 33.469 33,469 31,972 Surplu5llDeficitl 472 472 i.ioo Hub at the Heart ofcommunlty Unrestricted Restrlcted Restricted Funds Funds Funds Total 2023 Total 2022 Income Grant enditure Project Costs Project expenses Runnlng costs AdvertisinE & Marketing Heat and light Telephone Repairs and maintenance Rates Insurance IT Cost5 Travel Costs Printing & Stationery General Expenses Surplus/lDefititl 20
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Detailed Statement of Financial Activities CFNI (Wellbeing) Unrestricted Designated Restrlcted Funds Funds Funds Total 2024 Total 2023 Income Donations & Gifts Grants Other Income 68,425 98,950 98,950 98,950 98,950 68,425 enditure Staff costs Salaries and wages Employers NIC Access Nl Fees 13,117 18,628 613 13,117 18,628 613 15,167 981 Recruitment Expenses Travel and subsistence Project costs Running costs Printin& postage & stationery Heat and li8ht Telephone & Internet Repairs and maintenance Rent Insurance 1, 740 27 36,185 68 18,168 68 18,168 214 11,935 647 584 10,000 1,000 944 784 600 214 11,935 647 584 10,000 1,000 944 784 600 1,996 9,484 778 753 10,000 1,000 175 4,660 1,150 1,555 2,015 87,666 Office costs Management Charges Advertising Staff training General Expenses 77.302 77,302 Surplus/lDeficitl 21.648 21,648 19,241 21
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Detailed Statement of Financial Activities Homelessne55 23-24 Unrestricted Designated Restrlrted Funds Funds Funds Total 2024 Total 2023 Income Grant income Other Income 1,626 1,626 Ex endlture Project costs Advertising General expenses Accomodation Management Charges Travel and subsistence Surplus/lDePicitl 1,626 22
NORTH DOWN COMMUNITY NEfwoRK ANNUAL REPORT FOR THE YEAR ENDED 31ST March 2024 Detailed Statement of Flnancial Artivitie5 Other Grants Unrestricted Designated Restritted Funds Funds Funds Total 2024 Total 2023 Income ANDBCSLA 10,000 10,000 10,433 12,750 1,125 1,592 5,000 NIHE Homeless Prevention Tesco Groundwork ACNI SE Trust Across the Generations Lottery Cllmate Fund Co-op Covid Charity Fund Donatlons & Gifts ANDBC Harship Fund Children In Need Access Nl checks Other Income 140 140 5,011 5.011 1,009 11,954 7,981 7.981 9,333 1,803 9,333 9,833 2,467 47,674 103,837 1,803 17,981 1803 Ex endlture Salarles olert Costs Projett expenses Advertising & marketing Postage, printing & statlonery Light. heat & power Other expenses Return of grant Income 13.761 11,996 13,761 11,996 225 225 1,125 27,107 1,125 27,107 SurplusllDefi¢itl 17.981 1,803 12.623 7,161 103 837 23