Registered company number: Nl 050662 Reieistereil in Northern Ireland Registered charity number: NIC 102333 Charity Number XR37170 NORTH DOWN COMMUNITY NETWORK {A Private Company Limited by Guarantee} ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR YEAR ENDED OF 31ST MARCH 2025 Contents Pa Officers and Advisors Responsibilitie5 of the Trustees Tru5lees Report Independent Examinp.rs Report Statement of financial activities activities Balance Sheet io Notes to the accounts 11-15 Deta iled Statement Of Financial Activities (For Directors Only) 16-21
NORTH DOWN COMMUNITY NEfwoRK REPORT FOR THE YEAR ENDED 31ST MARCH 2025 of5 ANI Advlsovs DlrertorslTrustees ValeTle Mlsklrnrnon- StOTehouse North Down {Cho/rpeThon) (Treu5urerJ Davld M¢aarin- Independent Margaret BoY- Independent AaroD Mcmahon -Clandeboye Vtlla6e CommunttyAssociatM)n Klrsty Rlchardson- Homesiart Alison Coyle Iresl9ned08/04R025J (oppolnted08/04ft025J Reglst*red Office S Castle Park Road Ban8or BT20 4TF ankeys Ulster Bank Springfield Shopping Centre Bangor 8T19 INB IndÈptndent Examiner Adam McDowell FCCA Hamilton Morris Waugh Chartered Certrfied Accountants 34 DLrfferin Avenue Bangor Co Down or20 3AA
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025 RESPONSIBILITIES OF THE TRUSTEES The trustees (who are also the directors of North Down Comrnunity Network for the purposes of company law) 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 require5 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 companyfor that period. In preparing these financial statements, the trustees are required to- select Suitable accounting policies and then appty them consistently. ObSee the methods and principle5 in the Charities SORP 2015 {FRS1021- observe the methods and principles in the Charities SORP: rnake judgments and estimates that are reasonable and prudent; state whether applicable UK Accounting Standard5 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 accountinR records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 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 re5evant accounts information and to establish that the independent examiner is aware of that information. By order of the board Valerie Miskimmon Director Date:
NORTH DOWN COMMUNrrY NEfwoRK Company limited by guarantee: Charity Commission registered: HMRC registered Company No: Nl 050662. incorporated 13th May 2004 Number: NIC 102333 Charty Number: XR 37170 Registered address: North Down Communty Network Resource Centre, 5 Castle Park Road, Bangor. Co Down. BT20 4TF ANNUAL REPORT 2024-2025 The Trustees, who are also directors for the purposes of company law. have pleasure in presenting their report and the examined financial ststements of the charity for the year I period ended 31 March 2025. 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 charlty 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: Aaron Mcmahon Valerie Miskimmon Chairperson David Mcclarin Treasurer Maggie Boyle Kirsty Richardson Alison Coyle Resigned 0810412025 Appointed 0810412025 Structure. governance and management North Down Community Network (NDCN) is a company limited by guarantee. It has 48 paying mernbers which are organisations operating in the communty and voluntary sector in or aroLJnd the north of Down - and another 44 non-paying associates". The members elect a board of up to 12 directors each of whorn is recommended by a member organisation, except for up to 3 independents who are selected betrause 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 2025 Objectlves and actlvltles NDCN exists because there are communities and individuals in Bangor and the wider north of Down who need assistance. It sooks to halp people to help thcmselvea and its vision 13 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 indude:
promoting the efficiency and effectiveness of voluntary and communty organisations and projects in the north of Down by providing advice, information, education and training, administrative support and practical assistsnce; promoting or assisting in prornoling capacty 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 infinnity, or social and economic arcumstances; relieving poverty by the promolion. facilitstion and organisation of adequate, accessible and qualty programmes of vocational and educational training; d. promoting or assisting in the promotion of cooperation and networking between voluntary and communty organisations and others in the area; and identifying, and helping lo address, the funding and pDIiGy need5 of voluntsry and community organisations in the area of benefft. NDCN acts as a focal point for the communty 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 Ft tries to identify issues where it thinks it can make a difference for their benefft. During th8 2024-2025 poriod, NDCN has mado substantial progress in fostering communty developmenl through a balanced approach comprising rouline activities, reactive responses, and proactive initiatives. Each facet is designed to address the evolving needs of our community, member groups and wider seclof, ensuring impactful outcomes across the board. Routlne Actlvities Our routine programmes have been integral to building skills and enhancing community development. some examples of specific activities include: Training and Education: We delivered 91 sessions to 59 participants on crucial skills such as Al, committee management, ICT, Canva, and social media, empowering participants to leverago tochnology for personal and professional growth. Health and Wellbeing: Conducted 74 sessions attended by 291 individuals, focusing on mental health, physical wellness, and community engagement through activtties like strength and balan exercises and walking groups. enhancing community cohesion and individual well-being. Capacity Building.. Basic finan and good governance training were provided to 11 community partners, ensuring robust organisational structures and supporting sustainability. - Resources and Complian. We distributed 25 Communty Development Toolktts and completed 85 Access Nl checks. fostering best practice. ensuring safe delivery and informed communities. Networking and Support: Facilitated 9 networking meetings for community associations in Bangor, promoting best practices and collaboration, while providing 173 one-on-one 8UPPOrt occurrences. induding govemance. fvnding. events. claims and crisis management advice. Examination of Accounts: We conducted 13 independent examinations of accounts for member groups and smaller charities, ensuring Complian with Charity legislation. This sen11 helped maintain financial transparency and accountability within the community sector. Funding and development: supported volunteer led groups to secure funding to the value of £87,000 to address the varying needs and priorities of their communities.
Reactive Activltles Addressing urgent community needs remains a priority. some examples of specific activities nclude: - Resource Linkage: Our funder and information session, attended by 120+ people, connected community members to essential resources, enhancing their capacity to secure funding and support serrfices: this was based on their response to a needs assessment. Economic Empowerment: By signposting 54 individuals to social enterprise opportunities and directly signposting 215 people to advice services in areas like benefits, debt, and housing, we promoted economic resilience and provided pathways to financial support, and in some cases. independence. Interagency Collaboration: Engaging in meetings with organisations such as the NIHE . PHA, PSNI and SE Trust etc to progress activities and react to emerging needs. Volunteer enhancement: signposting 46 people onto volunteering roles to use their skills and passion as soon as possible to meet needs. - Advocacy Support: Supported 5 volunteer-led groups in their resource advocacy, amplifying grassroots voices and doing what we could to ensure community needs are prioritised. Proactlve Inltlatlves Our proactive efforts focus on strategic collaborations and empowerment. some examples of specific activities include: - Strategic Engagement: Participation In forums like the NIHE Homelessness Taskforce and Charity Commission Nl forum has positioned us to advocate for systemic changes that benefit the community. Ministerial Engagement: We hosted a meeting with the Minister of the Department for Communities, reprosenting community needs and expcriences from the Community and Voluntary Sector. This meeting underscored our commitment to highlighting the challenges faced by the sector and advocating for equitable support for people and areas under- represented and resourced. - Women's Empowerment: Hosting 12 women's group meetings fostered assertiveness and engagement, empowering women to address their concems and participate actively in community life. - Volunteer Engagement.. Recruiting 5 new volunteers and launching 3 recruitment drives bolstered community capacity. and went some way to support involvement of local people in improving their communities. Accessibility and Inclusion." Conlinued participation in the Asylum Seekers Forum. Making information available in a rango of languages and distributing 29 warm Glothing packs reinforced our commitment to inclusivity and support for vulnerable groups in need. - Youth Development with DICE Futures: Engaged 191 young people in activities that build lrfe skills, community involvement and raised aspirations. Programmes included the Young Leaders Programme, where 9 young people were recruited as leaders. They conducted needs assessment on peer issues like bullying and online pressures, developed development ideas, and will serve as mentors using a 'Whole-Brain' leaming approach. Educational support was also provided, induding SEAG transition skills, homework help, and GCSE exam revision support. Additionally. a 'Leavers' programme supported primary students transitioning to post-primary education. Information Dissemination: Distributed 9,000 Infonnation and Support booklets directly into thg homas and hands of people in need. and produced 12 epi80des of the Community Matters Podcast, raising awareness ar providing valuable resources in an accessible and modern way.
Financial revlew (including reserves policy) NDCN thrives and delivers impact thanks to the generous support from a range of funders, including the Department for Communities, the Public Health Agency, the Northern Ireland Housing Execulive, and The National Lottery Communty Fund, among others. These partnerships are crucial for our operations, allowing us to continue our vital work in the community. Additionally, NDCN benefits from donations. which play a key role in covering costs not fully funded by our main supporters. In terms of financial prudence. NDCN has defined a minimum level of special reserves. ensuring we maintain a stable financial footing. This reserve is intended to cover potential closurè costs, including three months of operational expenses and staff redundancy payments. Following a thorough review last year, we set this reserve at £30.000 for the 2024-2025 period, with plans to reassess this figure in the coming year to ensure ongoing 8eGurity and responsibility. Despite the financial challenges prevalent in the Community and Voluntary Sector, we are pleased to report that NDCN has successfully generated a modesl surplus this year. This achievement underscores our commitment to financial sustainability, as we continue to strive for a balance between fundino pressures and the delivery of our services. Plans for future periods In the corning years. NDCN airns to sustain and expand its range of essential services, tailored to meet the evolving needs of our community. Our strategy involves delivering routine services, responding promplly to urgent needs, and proactively identifying areas where we can make a significant impact. To achieve this. we will continue to actively seek out funding and support. ensuring that we can operate effectively wlthin the financial resources available to us. Efficiency will be at the core of our operations. We plan to implement new processes and leverage technology to streamline our activities, reducing costs while mainlaining service quality. This might involve adopting digital tools for better project management or improving our communication channels to ach more people efficiently. By doing so. we hope to stretch every pound further. ensuring that our programmes deliver maximum value to those we serve. Moreover, we are committed to nurturing partnerships with existing funders and exploring new collaborations to diversify our income streams. Building strong relationships with stakeholders will be crucial, not only for financial support but also for aligning our objectives with broader communily goals. This holistic approach will help us sustain our operations and conlinue to provide valuable seNices despite funding challenges. Finally, our plans include regular evaluations of OLir programmes to ensure they remain relevant and impactful. By collecting feedback and measuring outcomes, we can refine our strategies and better allocate resources where they are needed most. Optimise operations through technology and streamlined processes. Build and maintain strong relationships with members, funders and partners. Diversify funding sources to enhance financial Sustsinability. Regularly assess programme and activity effectiveness to ensure continued impact.
Disclosure of Information to the examlner We, the directors of the company who held office at the date of approval of these Financial Statements as set out above each confim, so far as we are aware, that: there is no relevant accounting inf0mtIOn of which the companys 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 companys examiner are aware of that infomiation. 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 COMMUNtrY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 315r MARCH 2025 Independent Examiner's Report to the North Down Communlty Network Respective responslbilitie5 of trustee5 and examlner As the charity trustees {and also the directors of the company for the purposes of company lawl you are responsible for the preparation of the accounts in accordance wlth the requirements of the Companies Att 2006. Having satisfied myself that the charity 15 not subjett to audit under company law. and is eligible for independent examination, it 15 my responsibility to: examine the accounts under section 65 of the Charitie5 Act (Northern Ireland) 2008- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under seaion 6519)Ib) of the Charities Act; and state whether particular matters have come to my attention. Basls of Independent exarninerfs 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 sertion 6519llbl 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 disclosure5 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 account5 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 exarniner'5 Statement Since your charitrfs gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a registered member of the Association Of Chartered Certified Accountants which is one of the listèd bodies. I have completed my examination and have no concern5 in respect of the matters {11 to {4) 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 McDoweli 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 YEAR ENDED 31ST MARCH 2025 Statement of Hnanclal Activities Notes Unrestricted Deslgnated Restricted Funds Funds Funds Special Reserve Total 2025 Tott71 2024 Incoming Resources Ch?ritoble Activlties 31,137 309,871 341,008 301,906 Incomin Tesources from enerated funds Voluntary Activities which generate funds Other Incornin Resources Total incomlng resources 9,392 27,516 9,392 27.516 13,679 28,229 9,546 353,360 68.045 309,871 377,916 ReSoUrS expended Raising Funds Charitable Activities Governa nce costs Total resour5 expended 39,201 6,987 46,187 608 306,270 346,079 6,987 353,065 361,328 7,389 368,717 608 306,270 Net Incoming resources 21,858 {608) 3,601 24,851 115,357) Net movement in funds Fund balances carried forward at I April 24 Transfer to speci31 reserve5 53,869 15,770 41,987 26,000 137,626 152,983 (4,000) 4,000 Transfers between restricted, deslgnated and unrestricted funds Fund balances carrled forward at 31 March 2025 71,727 15,162 45,588 30,000 162,477 137,626 All of the above results are derived from continuing activities. All gains and105ses recognised in the year are included above.
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Charlty Balance Sheet Company Registration Number N1050662 Notes 2025 2024 Fixed assets Tan8ible assets As restated for premises 8,515 12,795 8,515 12,795 Current assets Debtor5 Cash at bank and in hand 5,107 162,640 167.747 3.294 137,792 141,086 Creditors: amounts falling due within one year 13,785 16,254 Net current assets Net assets 153,962 162A77 124,832 137,626 Funds: ecial Reserves Unrestricted Funds General funds Designated funds Restricted Funds Total funds 30,000 26,000 71,727 15,162 45,588 162A77 53,869 15,770 41,987 137,626 For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies but OS thts company is a charrty, it 15 subject to an Independent Examination under the Charities Act (Northern Ireland) 2(K)8. Direttors. responsibilities.. The members have not required the companyto obtain an audit of its accounts for the year in question in accordance with section 476; The directors ècknowledEe their responsibilitie5 for complyins with ihe re4uiiernen15" of the Act wlth re5pecr to accounting records and the preparation of accounts. The Company's financial statements have been delivered in accordan with the provisions applicable to companies Subject to the small companies re8ime. The financial statements on pages 8 to 12 were approved and authorised for issue by the trustees and signed on behalf of the board: David Mcclarin (Treasurer) Date I Valerie Miskimmon Ichairpersonl Date The notes on pages 11- 13 form part of these accounts io
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 315T MARCH 2025 Notes forming part of the financlal statements I Company status The company 15 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 {al 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 {SORP), "Accounting and Reportin6 by Charities" published in 2005 and in accordance wsth 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 WTth reasonable accuracy. The following specific policy 15 applied to a particular category of income: Voluntary income is received by way of donations, appeals and collections and is included in full in thc Statement of Financial Activities when receivable. lel 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 activities 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 If) 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 {gl Tangible fixed assets and depreciation Tangible fixed assets under the cost model are stated at historical cost less atcumulated depreciaiion and any accumulated impairment105ses. 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 NEfwoRK ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Note5 fomilng part of the Ilnancial statements 2 Accountlng policie5 Icontlnuedl Depreciation is provided on all tangible red assets at rates calculated to wiite off the cost on a straight line basis over their expected useful economic lives as follows". Office Equipment Fixtures & Fittin8S Computers Premises Ihl Cash and cash equlvalents Cash 15 representeil by cash in hand and deposits with financial institutions repayable without penalty on notlce of not more than 24 hours. Cash equivalents are highly liqui(l investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash 7Mth Fnsi8nificant risk of change in value. 20% Straight line 12.5% straiEht line 25% straight line 15% straight line li} Flnanclal Instrurnents The Company only enters into basic financial instruments transactions that result in thÈ recognition nf finAn¢.ial assts artd liahilities like other accounts receivable and payable. ') Jud8ments In applylng arcounting policles and key soyrces ot estlmation unrtaInty There have been no rnaterial jvdements needed or used in preparation of these accounts. lj'l Penslon costs The tompany operates a defined contribution scheme for the benefit of its employees. The costs of contributions are written off aeain5t profrts In hÉ yèar they are payable. 3 Incomlng Resource5 Unrestrlcted Funds DeslEnated Funds Re5trlrted Funds Totsl 2025 Totol 2024 Incomln resour¢es from tharltable actlvltles: Public Health Authorlty Access Nl Dfc Grants- CIF Dice Futures 64.409 65,289 1,640 53,280 126,027 58,670 1,803 51,118 29,970 53.280 126,027 PCOW- NIHE ANDBC. SLA ANDBC Hardship Fund 34,105 34,105 15,145 JJ.972 33.941 15.145 11.972 Nl Electric CFNI (Citizenship) Ards & North Down Borough Council CFNI (Wellbeing) Cfrop Tesco Groundwork 1.5CQ 1.500 5,000 17,981 98,950 27.050 27,050 SE Trust Across the Gefterations Children In Need ACNI 9.333 14D 301,906 31.137 309,871 341,008 Incomln resources from Volunt Income Donation5 & Gift5 Gift Aid Activities which enerate funds Donaiions for use of rooms Mernbership Fees Member Accounts enerated funds: 9,392 9.392 13,679 15.654 1.638 652 15,654 1,638 652 28.229 756 Other 9,572 68.045 9.572 377,916 6,790 353.360 Total In¢omin8 resources 309.871 12
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Note5 formln8 Part ol thefinancial statements Unrestrlrted De5iEnated Restrlrted Funds Funds Fund5 Total 20Z5 Totol 2024 4 Resource5 expended Raising Funds Unfunded salaries Unfun(ied employers penslon Unfunded ENIC Cleaning Legal Fees Advertising & Marketin8 Access Nl Lleht k HÈat Printin& stationery & postage Telephone & Inteinet IT Software & Consumables Repair5 and maintenance Staff TrainlnE Gcneral Groijnd rent Travel and entertaining Subscriptlons Insurance Water rates Sesslonal Mour5 Fundraisin8 Costs Projert Expenses ANDBC Hardship Costs DfC/CIF costs DICE Futures costs Dlce Connertions costs Return of grant income PHA Costs 22.225 630 1,463 45 2.400 90 22,225 630 1.463 45 2AOO 90 608 3,814 280 529 1.115 31,057 668 487 120 1,267 4.181 4,558 2.507 830 1.827 3.814 529 1,115 526 408 526 408 134 2,OOQ 98 541 1,943 83 521 521 525 525 2.353 2.217 2,353 2.217 51,015 105,899 23.514 51,015 105.899 50.182 8,385 7,622 64.728 64,728 63,269 Lottery Climate Fund SE Seeding Trust 2,961 ?.60? CFNI (Wellbeing) Children In Need Other/Depreciation Expense PCDW projert 50.611 50,611 77,301 19,166 1,601 3J.470 361,328 59 59 34.017 346.079 34,017 306.270 39.201 Governonce Cost5 Depreclotlon 8onk Chorges Audit & accountanry 6.280 292 414 b.Y1S7 6.280 292 414 6,987 6.512 262 615 7.389 Total resources expended 46.187 306,270 353,065 368,717 13
NORTH DOWN COMMUNIIY NEfwoRK ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Notes forming part of the flnancial statements 4 Direttorf remuneration The Directors neither received nor waived any emoluments during the year12024: £Nil). S Staff Costs The average number of employees, calculated on a full-time equivalent basis, analy5ed by function was: 2025 2024 Management and administration There were no employee5 receiving a salary of more than £60,000 for yearto 2025 and 2024 Employment costs 2025 Wages and salaries 180,651 Social security costs 11,014 191,665 2024 170,666 9,096 179,762 6 Tanglble flxed a55ets Office Equipment Computers Fixtures & Fittings Premises Total Cost 1st April 2024 Additions Dispos15 315t March 2025 33,322 2.000 8,361 14,981 io,ioo 66,764 2,000 35,322 8.361 68.764 Depreciation 1st April 2024 Charge for year Disp05als 31st March 2025 Net book value 31st March 2025 31st Morch 2024 26.255 4,032 5.380 923 13.244 315 9,090 I,oio 53.969 6,280 30,287 6,303 13.559 10,100 60.249 5,035 7.067 2.058 2,981 1,422 1,737 8,515 12,795 i.oio 7 Debtors Trade debtors Other debtors Prepayments and accrued income Unrestricted 5,117 Desi nated Restricted 2025 5,117 2024 3,304 io 5,107 io 5,107 {ioJ 3.294 8 Cash at bank and in hand Ulster Bank current PHA Grants CIF 3.3 Dice Cash in hand Unrestrirted 112.132 De51 nated Restricted 2025 112.132 7,677 5,781 36.841 210 162,640 2024 106,019 8,295 792 22,223 463 137.792 7,677 5.781 36,841 210 112,341 50,299 14
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR YEAR ENDED 31ST MARCH 2025 Notes fomiing part of the financlal statements 9 Creditors: amounts falling due wlthln one year Unrestricted Desi nated Restricted 2025 2024 Taxation and social security costs Trade creditors Other creditors Accruals and deferred income 1,297 10,928 1,378 11,716 3,160 16,254 1,560 13,785 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,there are no members with shareholdings in control of the ¢ompany* control is vestcd in thc trustccs as a body. Invoices totalling £7.99012024- £15,455), relating to 19 transartions for printing {2024- 181 were paid to Clandeboye Printing Services. aandeboye Printing Services is owned by North Down Community Network director Aaron Mcmahon. Involces totalllng £13,12012024- £2,640}, relating to 7 transactions for Sessional Hours were paid to Aaron Mcmahon who is a director of North Down Community Network 11 Restatment of reserves Thp triAstp.p.s h2vp. rpviewed the assets v3liJation for the current period and have concluded it to be of fair value. 15
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR YEAR ENDED 31ST MARCH 2025 Detailed Statement of Flnancial Artivitles Communlty Investment FundlDFC Unrestrirted Designated Restrirted Funds Funds Fund5 Total 2025 Totol 2024 Income Dfc Grant 53,280 53.280 53.280 53,280 51,118 51,118 endlture Sessional hours Salaries and wages Emoloyers Pension Employers NIC Fuel & Energy Return of Grant Income 1,560 45.155 1,354 2,592 355 1,560 45.155 1,354 2,592 355 4,239 42.585 1,859 1,500 4.399 54,581 51,015 51,015 Surplus/lDeficitl 2.266 2,266 3.463 16
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 315r MARCH 2025 Detsiled Ststement of Financlal Artivities PHA Project Unre5trirted Designated Restricted Funds Funds Funds Totsl 2025 Total 2024 Income Publlc Health Agenry Grant GÈneral Income 64.409 64.409 E)4 enditur¢ Stsff costs Salaries and wages Ernployers Pension Ernployers NIC Travel and sub$15ten Project costs Runnlng costs Telephone Prlntin& postage & stationery Heat and light Insurance 31,557 947 1,986 31.557 947 1.986 32,084 2,002 25 19.897 255 23.420 50 23,420 50 3.317 3.317 2,258 1,092 1.500 59 1.000 i.tsjo Repairs and maintenance Subscriptions Bank Fees 670 670 Minagement Charge5 Audit Fee 780 780 Rent 500 64,728 SurplusllDeficitl 319 319 4,599 17
NORTH DOWN COMMUNfTY NETWORK ANNIIAL REPORT FOR THEYEAR ENDED 315r MARCH 2025 DÈtallpd Staternent of HMn¢lalAciiv PICE CoMettTh5 l)nIeIed Fyrrfls DEsIBnat•4 Restritted Fund5 Total 2025 Totol 2024 ome Donailor & Grfts National LolteryCthnmLbnlty Fund Other Income Stsff Costs 5alarie5 and wa8e5 EmployEr5 NIC Access Nl FeÈs Recrultment Expenses 4.286 ProJecttosts Aunnlng ¢osts Printin6, P05t4e & statlonery Heat and Il£ht Telephone & Intemei Repolrs and maintenance AccTrmodari¢ Irvrance 3.C67 269 Costs Management chae5 Audli Fee Staff traini General Expense5 7,622 SurplusllDefiotl 7.622 DICE FunJRES Unre5twkted Funds TwJt¥l 2025 Totul 2024 Fu Income Grants Other Income I26,? 126m7 124027 126.027 enditure Slafliosts Salarles and wages Employers Pemion Employers NIC Access Nl Fees RecrUrnent Expenses Travel and subsistence Prolectcosts Runnlng costs Postage He* and li6ht Telephone & Intemei Repairs and maintenance Accomodation Insurance rrcoAs Man38efflent CharKe5 Audit Fee staff trainir Substriptlon5 47.490 1.417 2.853 47.490 1.417 2.853 3,434 251 2.201 2201 39.815 1.619 39.815 1.619 4108 592 66 378 105.899 378 105.899 fplusllDefiotl 20.128 20,125 8.385 IB
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR YEAR ENDED 31ST MARCH 2025 Detalled Statement of Financial Activities IPCDW) Perlpatetlc Community Development Worker Project Unrestricted Designated Restrirted Funds Funds Funds Total 2025 Total 2024 Income NIHE Grant 34,105 34.105 33,941 Other Income 34.105 34,105 33,941 enditure Staff Costs Salaries and wages Ernployers Pension Ernployers NIC Acce55 N Telephone Travel and subsistence Projert Cost5 30,703 921 2,071 30,703 31,624 2,071 1,739 323 323 106 34.017 33,096 33,469 Surplus/lDeficitl 88 1.009 472 19
NORTH DOWN COMMUNITY NETWORK ANNUAL REPORT FOR THE YEAR ENDED 315r MARCH 2025 Detalled Statement of Financial Actlvities CFNI (Wellbeing) Unrestricted Designated Restrlcted Funds Funds Funds Total 2025 Total 2024 Income Donatlons & Gifts Grants Other Income 27.050 27,050 98,950 27.050 27,050 enditure Staff costs Salaries and wages Employers NIC Access Nl Fee5 Recrultmeni Expense5 Travel and subsistence Projert costs Running costs Printin& postage & stationery light Telephone & Internet Repair5 and maintenance Rent Insurance Office cost5 Management Charges Advertising Staff training General Expenses 13,117 18.628 613 4.829 49 4,829 49 68 18,168 39,234 39,234 214 11,935 647 584 10.000 1,000 944 784 600 1,833 407 1,833 407 500 500 294 2.206 1,208 50 50,611 294 2,206 1,208 50 50,611 77,302 Surplu51lDeficitl 23.561 23,561 21,648 20
NORTr{ DOWN COMMUNITY NEfwoRK ANNUAL REPORT FOR THEYEAR ENDED 31 MARCH 2025 Detailed Statement of Financlal Artivities other Grants Unrestricted Deslgnated Restricted Funds Fund5 Funds Total 2025 Totol 2024 Income ANDBC SLA CFNI Citizenship Nl Electric ACNI 15.145 15,145 5.000 1,5CKI 10,000 1.5 140 SE Trust Ar.riJ<* the fyenerations Lottery Climate Fund Co-op Covid Charity Fund Donations & Gifts ANDBC Har5hip Fund Children In Nee Access Nl checks Other Income 5,011 11,972 11.972 7.981 9,333 1,803 33,617 34,268 Ex enditure Salaries Project Costs Project expenses Advertisin8 & marketing Postsge, printing & stationery LSEht, heat & power Other expenses 13. 761 11.996 1.600 1,600 225 1,126 27,107 1,600 Surplus/lDeficitl 32,017 7,161 21