REGISTERED COMPANY NUMBER: N1028769 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC102384 ort of the Trustees and Financial Statements for the Year Ended 31 March 2024 for Shankill Womens Centre Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Artnagh BT67 OLE
Shankill Womens Centre Contents of the Financi21 Statements for the Year Ended 31 March 2024 Page Reference and Administrative Details Report of tbe Trustees Report of th¢ Independent Auditors 12 to 15 Statement of Finanelal Activities 16 Statement of Financial Posltion 17 Statement of Cash Flow5 18 Notes to the Statement of Cash Flows 19 Notes to the Finaneial Statements 20 to 36 Detailed Statement of Financial Activities 37 to 38
Shankill Womens Centre Reference and Administrative Details for the Year Ended 31 March 2024 TRUSTEES Laura Bell Veronica Brown Deborah Cowan (appointed 51312024) Amanda Kitchingham Carol Lawley Nicola Mccullough Margaret Smith (resigned 241912024) Naomi Thompson Pamela McNulty (appointed 911012024) Kathleen Gilliland (appointed 911012024) COMPANY SECRETARY Nicola Mccullough REGISTERED OFFICE Shankill Shared Womens Centre 3 Mayo Link Belfast Co. Antrim BT13 3BD REGISTERED COMPANY NUMBER N1028769 (Northern Ireland) REGISTERED CHARITY NUMBER NICI 02384 AUDITORS Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE SOLICITORS Thompson Crooks Solicitors 325 Shankill Road Belfast BT13 IFX CHIEF EXECUTIVE OFFICERB Carlisle
Shankill Womens Centre Re ort of the Trustees for the Year Ended 31 March 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by 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 (FRS 102) (effective l January 2019).
Shankill Womens Centre ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Organisational Background Shankill Women's Centre Mission Statement: 'Providing an accessible resource and development support for women tn the Greater Shankill and beyond" Shankill Women's Centre was formed in 1987 by a small group of women interested in running women only education classes and by 1998 it had obtained new shared premises with North and West Belfast Health and Social Services Trust. The Shankill Women's Centre currently runs: The Health & Well-Being Project takes a holistic approach to the prevention of social isolation. We do this by covering an array of topics including emotional and mental health, physical health, and social wellbeing classes. All classes are cross-community and intergenerational, Emottonal and Mental Health classes allow women a safe environment to explore and express their feelings in positive and healthy ways. Physical Health classes provide a range of different activities ensuring that women with all abilities and disabilities can participate in exercise classes. Social wellbeing and recT¢ational Classes help with hand-eye co-ordination, maintaining and learning new skills. supporting their peers while making new friends preventing social isolation. These classes also help to improve not only their mental health but their physical health. A range of classes The Health & Well-Being Project provided: Emotional and Mental Health Positive Vibes Women's Emotional Health Kintsugi Hope M¢ntal Health Resilience 12 Participants 18 Participant5 I I Participants 15 Participants Physical Bootcamp Zumba Chairbased Activity Aqua Aerobics 21 Participants 13 Participants 28 Participants 22 Participants Social Well-Being and Recreational Stitching Sisters Glasshouse Art Group Ceramics Allotment 35 Participants 9 Participants 15 Participants 9 Participants As well as regular classes The Health & Well-Being project also provide one off workshops and information days on topics such as Mindfulness and Mental Health. SWC also provides alternative therapies.
Shankill Womens Centre ort of the Trustees for the Year Ended 31 March 2024 Childcare Unit The child-care facility within the centre provides an invaluable resource to the parents through the provision of high-quality care for their children it is also tliere to help and support parents either if they are working or taking part in Education/ Health Project. All staff are qualified, and tliis is a safe and nurturing environment where children learn and develop through play. We work in partnership with parents to ensure children's needs are paramount. The child-care programme is organised by a Child-care Manager. A Child-care organiser who runs the facility on a day-to-day basis and a team of qualified staff. The Childcare Facility is registered as Full Day Care with North & West H.S.S. Trust. Opening hours are Monday to Friday 8.30am - 5.30pm. The staff have completed a number of courses - child development, health and safety, safeguarding children and child protection to add to their continuous development to ensure we help all the children in our care meet all their areas of development. High Scope Ongoing The childcare project within the Shankill Women's Centre implements the High-scope Programme which is an early learning plan for pre-school children. The programme is based on the idea that children learn best from activities that they plan and carry out themselves. High-scope is based on a balance between activities initiated by tlie children and those arranged by the adults. It is important to build on childrcn's strengths, interests and abilities and to develop their self-esteem and problem-solving skills and to help them to understand and accept differences in a wider social setting. Media Initiative Ongoing The childcare is continuing to use the Media Initiative for Children Respecting Difference Programme. The children would use this resource each week whcther with the puppets or the story books. Major research has found evidence that the programme is effective in improving outcomes in young children in relation to their social and emotional development and awareness of and attitudes towards cultural differences. Project Objectives With the resources in place the project will be able to monitor the development of the children's intellectual, verbal, cognitive, social and emotional skills. Children will also gain confidence and independency. The Childcare facility will provide the children with the social contact of other children that will be crucial to their individual development. (a) To provide a quality Child focused environment in which children feel secure and safe. (b) To foster and develop each cFLild's sense of self-value and esteem. (c) To welcome all parents and their children regardless of their religion. race, Inarital status, sexual orientation or disability. (d) To provide child-care which embraces social policy and legislation in respect of children (Children Nl Order 1998). (e) To promote equal opportunities and ensure that all children are encouraged to participate. (fj To be sensitive of the wishes and feelings of parents whose children are in our care. (g) To implement the High Scope Programme. (h) To provide a structured programme that will enable children to develop socially. emotionally. intellectually, verbally and physically. encouraging children to learn and explore and develop.
Shankill Womens Centre ort of the Trustees for the Year Ended 31 March 2024 (i) To recognise and meet the developmental needs of each child and to offer choices to involve them in all decisions affecting them, to seek their opinion at all time opportunities. li) To help raise awareness in the children of attitudes towards cultural differences and respecting those differences. This will in turn improve effective outcomes in the young children which they will take homc to their families. Staff are all trained to deliver this programme and ensure all children are valued and respected in a safe and nurturing environment. Welcome Spacel Drop-in Area The Shankill women's Centre provides a welcome spacel drop in facility for all women irrcspective of religion or culture. This is a female only, secure, safe and welcoming environment. This facility is a way for women to meet others, socialise and find out more about the women's centre and the work that is carried out there, without the commitment of signing up to any classes or services. This is a 'warm space" that IS available to all the women throughout the winter months as a space that is continually heated and where hot water, tea and coffee are available. This provides an alternative to women sitting at home using their heating and absorbing the subsequent cost. Shared Education Big Lottery- Connect for Women Project (C4W) This comprises of a three-partner project,. Women's Tec Glow swc It delivers throughout North and West Belfast and is focused on skills. employability, education and confidence building. The project engages women in a journey of personal development, training in essential skills, trade skills and confidence building. This 15 a five-year funded project. The longevity is productive as we can engage and progress participants from a basic level to GCSE and Coun5elling L2 then further progression unto L3. Movement between the 3 organisations is promoted and encouraged, enabling the participant to gain an all-round wrap around service and benefiting from everything the project has to offer. Women Breaking Barriers Project Delivered by a collation of Women's Centres and led by WRDA. This project offers an introduction to education and training in employment, including self-employment. It helps participants gain qualifications, develop and improve skills, achieve Mathsl English qualifications and provides courses which will improve participants personal circumstances and offer a better opportunity to gain employment. Courses provided: _ Increased basic skills (English, Maths, Digital and ESOL) Personal development- Goal Setting
Shankill WomeDS Centre ort of the Trustees for the Year Ended 31 March 2024 Cultural awarenessl "Women's journey through the years" Emotional wellbeing/ Resilience Training Genealogy Basic - Ll & L2 OCN L3 Working with Children and Young Persons with Disabilities Therapy Training Menopause information sessions Cost of living workshops Sexual violence and abuse awareness training Personal development/ Resilience Training TEO North Belfast Good Relations Programme This programme focuses on Good Relations and Personal development which will progress the individual, the family and the wider community towards an all-inclusive society, The project offers:. Personal Development - Goal setting Cultural Awareness/ "Women's Journey through the years Emotional Wellbeing/ Resilience Training - Gencalogy Basic - Ll & L2 OCN L3 Working with Children and Young Persons with disabilities Therapy Training Sign Language Paediatric 1st Aid Sign Language Level l and Level 2 History Group Construction Skill Register (CSR) Autism Awareness L2 The project also offers Classroom Assistant L3. For many students this course helps build social capacity and inany students give their time back to their local communities. Participants enrolled in the Classroom Assistant L3 course must have a placement in a school environment. On completion of the course 85 % of the participants are offered a full-time job by the placement provider. The centre also offers support and mentoring to help students through the process of transition into studying at a higher level. Volunteer Project Report (September 2024) The Volunteer Project is currently working with over 20 volunteers with 15 fully engaged in all aspects of the programme. Volunteers are engaged on a weekly basis with check in phone calls or texts and are invited in on a monthly basis to meet with each other and catch up on the work they've been doing. Eight new volunteers have been recruited since moving to the new building, two more on site counsellors, one reflexologist and one facilitator. the others have signed up for befriending when needed. Belfast Royal Academy school have been in contact about a few of their students also coming on a Wednesday afternoon to volunteer and learn about the work we do. Four volunteers are currently taking part in a leadership OCN with Tides training to expand their skill set.
Shankill Womens Centre Re ort of the Trustees for the Year Ended 31 March 2024 Two volunteers and two staff who are walk leader trained are meeting at the end of September to discuss and risk assessment for sunrise walks in various locations. Seven volunteers free meeting every Tuesday afternoon to brainstorm and organise different awareness sessions such as, menopause, domestic violence, coerGive control and autism awareness. The volunteer advice worker has gone back into the workplac¢ and can no longer give a set day to come in but is happy to ring people and help with forms etc when she can. Four volunteers are ready to start a 'cook it, programme in the hope that they will be able to come in and prepare hot nutritious meals throughout the winter for service users. Two volunteers are looking at the set up of indoor boules in the evening as this has been requested by members of the community. Change Makers Project Change makers is a project to support women who live in either North or West Belfast to increase their understanding and awareness on Community Development and Politics. Funded through Department of Foreign Affairs as one of their strategic partners and delivered over several elements as follows.. Participants can work towards three OCN Level 2 accreditation in Community Developrnent, Civic Leadership, Mediation and Facilitation. Workshops are offered throughout the length of the programme, examples of which could be a conversation with elected representative (meet your MLA), welfare advice, gender identity etc. Four site visits to political institutions - Belfast City Council, Stormont, The Dail/ Senate, Westminster. These visits are an opportunity to put learniF)g into practice and view how politics really operates. Six Change seminars that will run throughout the year and offer an opportunity to bring women together to have their voices heard on issues affecting them, their families, or the wider community arena. 4 x week short programme is offered and explores Current political voting system, mediating challenging conversations, exploring political manifestos and the workings of the local assembly. This year has seen 289 participate in one or more elements of the programme with the following outcomes met:_ Empowerment - Our women have gained knowledge about political processes and systems empowers women to asset their rights. advocate for themselves and their cominunities and become more Confident in expressing their opinions. Informed Decision-making - Understanding political issues enables women to make informed choices in elections and civic engagement, helping them evaluate candidates and policies critically and align their actions with their values. Skill Development - Engaging with politics helps women develop valuable skills such as public speaking, critical thinkin& negotiation and advocacy. These skills are transferable to various aspects of life, including careers and community involvement. Increased Civic Engagement - Knowledge of political system5 encourages women to participate actively in their communities, whether through voting, attending community meetings or joining advocacy groups, Keading to a greater sense of belonging and agency.
Shankill Womens Centre ort of the Trustees for the Year Ended 31 March 2024 Awareness of Rights Political education raises awareness about women's rights. social justice issues and existing policies affecting their lives. This knowledge is crucial for challenging inequalities and advocating for policy changes. Enhanced Problem Solving Abilities - Understanding political dynamics lielps women analyse social issues and think critically about potential solutions. empowering them to address challenges within their communities effectively. Contribution to Society - By learning about politics, women can contribute to their communities and society at large, advocating for issues they are passionate about and driving positive change. Inspiration and Role Modelling - Women who engage with politics can inspire others in their networks, encouraging more women to pursue political knowledge and leadership which can create a rippl¢ effect in society. Personal Groivth - Engaging with complex political concepts Can lead to personal growth broadening perspectives and fostering a deeper understanding of the world which can enhance overall life satisfaction. STRATEGIC REPORT Financial Review Currently SWC is in a unique position having s¢cured funding from various government departments and are in the depending on the fulfilment of target outcomes we could be in the position to secure further funding. This is due to sound financial management, forward thinking and strategic planning. Principal Funding Sources Dfc - Core Staff & Health Project DfC/ (WCCF) - Childcare Project DfCI Developing Women (Fresh Start) DFA - Network Co-ordinator BCC - Revenue TEO - North Belfast Strategic Good Relations Lotteryl Prosperity Fund/ CRC - Shared Community Education Pathways Fund - Childcare Project The National Lottery - Empowering Young Women SEUPB - New Build Shared Women's Centre/ Programme Money DFA - Shared Educationl Change Makers Projcct Financial Position The company had net outgoing resources for the year of £32,530 (2023: net incoming resources of £20,063). which reflected the decrease in trading activities during the year. Unrestricted funds increased by £25,229, while restricted funds decreased by £57,759.
Shankill Womens Centre ort of the Trustces for the Year Ended 31 Mareh 2024 STRATEGIC REPORT Finanei21 revieiv Reserves policy Shankill Women's Centre delivers a range of programmes and services and has been successful in obtaining funding from a variety of sources. All of these grants, however, are in the form of restricted fund5. Non-restricted incoine amounts to less than two per ¢ent of total income. The Directors have reviewed the charity's need for reserves and Consider that these are necessary: (a) to protect the charity against: Late payment of grants by funders. Non-renewal of existing grants and so ensuring continuity of services while alternative sources of funding are sorted or to allow a smooth and gradual wind-down of one or more service5. or (b) in circumstances where there is a proportionately high number of redundancies: The equivalent of four months annual revenue costs is considered by the Directors to be a reasonable target. This policy will be reviewed annually by the Directors. This figure is based on the number of staff STRUCTURE, GOVERIYANCE AND MANAGEMENT Governing document Th¢ charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee. as defined by the Companies Act 2006. Recruitment and appointment of neiv trustees Trustees/directors are appointed by noininations made in writing by any existing director. At the General Meeting nominated directors are appointed by election. Organisational structure The Board of Trustees. which can have between 6 and 8 members, administer the charity. The Board meets six time5 each year. It sets strategic direction for the organisation, whicli is implemented by the employed staff, through an annual operational plan. The CEO, Betty Carlisle, the Finance Officer, and the Directors of Services are responsible for the day to day running of the organisation and have devolved authority to take decisions between Board meetings. Induction and training of new trustees New Trustees are provided with full information to brief thein on their legal obligation5 under the charity and company law. Three new trustees were appointed during the year, using the flexibil ity provided by the Articles of Association
Shankill Womens Centre Re ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties WCRP The Women's Centres Regional Partnership (WCRP) is a partnership of four lead regional women's organisations linking with fourteen frontline women's organisations across Northern Ireland. This partnership emerged from and has been ongoing. from the report of the Review Group on women's oiganisations providing support and services to disadvantaged areas. TWN Training for Women's Network is a regional network who delivers higher level courses for women. They are also a lead in producing information and services for the Women's Sector in Nl. GSPB The Greater Shankill Partnership Board was established in 1995 with the aim of producing and delivering a strategy for the social and economic regeneration of the Greater Shankill arca. The CEO represents the Women's Centre on this board and is also the acting chair at prescnt. It also acted as a delivery agent for a number of programmes which assist in the regeneration process and in particular Neighbourhood Renewal through Department for Communities. WSN The Women's Support Network is an umbrella organisation for women's groups, centres and projects which are women centred and community-based or adopt a community development approach. It is a charitable and feminist organisation, which operatcs in the Greater Belfast area while maintaining strong links with women's projects and networks regionally and nationally. The Women's Support Network play5 a unique role in co-ordinating and networking with community-based women's organisations and facilitating joint lobbying to chall¢nge inequity and promote positive policy change. North Belfast Contract Holders Is a grouping which meet monthly and receive funding from The Executive Office (TEO) This is the primary unit for promoting and providing good relation projects across North Belfast. The Centre has 2 representatives on this group. EVENTS sifqcE THE END OF THE YEAR Information relating to events since the end of the year is given in the notes to the financial statements. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Shankill Womens Centre for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accouiiting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Repoiting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" 10
Shankill Womens Centre ort of the Trustees for the Year Ended 31 March 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued 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 those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charity SORP. make judgements and estimates that are reasonable and prudent. state whether applicable 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 business. The trustees are responsible for keeping proper accounting records which disclos¢ with reasonable accuracy at any time the financial position of the charitable coinpany and to enable them to ensure that the financial statements comply witli the Companies Act 2006. They 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 auditors are unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditors, Lynn Drake & Co Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting. Report of the trustees, incorporating a strategic report. approved by order of the board of trustees. as the company directors. on 15 November 2024 and signed on the board's behalf by: Nicola Mccullough - Trustee
ort of the Inde endent Auditors to the Trustees and Members of Shankill Womens Centre Opinion We have audited the financial statements of Shankill Womens Centre (the 'charitable company,) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements: give a true and fair view of the state of the charitable coinpany's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Oui responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of tlie financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriatc to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other information. The other information ¢omprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. l2
ort of the Inde endent Auditors to the Trustees and Members of Shankill Womens Centre Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in tlie course of the audit: the information given in the Report of the Trustees for the financial year for which the financial statements ale prepared is consistent with the financial statements. and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which Ive are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to IiquTdate the charitable company or to cease operations, or have no realisttc alternative but to do so. 13
ort of the Inde endent Auditors to the Trustees and Members of Shankill Womens Centre Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors thai includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below: Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above, to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Based on our understanding of the company and industry, we identified the principal risks of non-compliance with laws and regulations as those that have a direct impact on the determination of material amounts and disclosures in the financial statements. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements and determined that the principal risks related to revenue recognition. We communicated the identified laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. Audit procedures performed included, but were not limited to.. Discussions with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud. Reviewing the financial statement disc105ures and testing to supporting documentation. Review of board meeting minutes of those charged with governance. In addressing the risk of fraud through management overide of controls. testing the appropriateness of journal entries and other adjustments. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:_ Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to thos¢ risks, and obtain audit evidence that is sufficient and appropriate to provide a basi5 for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgeryj intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the charities internal control. Evaluate the appropriateness of accounting policies used and the rea50nableness of accounting estimates and related disclosures mad¢ by the trustees. Perform analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud or error. 14
Re ort of the Inde endent Auditors to the Trustees and Members of Shankill Womens Centre Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may east significant doubt on the charities ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or. if such disclosures are inadequate, to 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 conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure, and content of the financial statements, including the disc105ures and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charge with governance regarding, among other matters, the planned scope and timing of the audit and significant audit ftndings, includiiig significant deficiencies in internal control that we identify during our audit. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other th the charitable company and the charitable Company's members as a body, for our audit work, for this rep , or for the opinions we have formed. Billy Dra enior Statutory Auditor) for and on alf of Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE 15 November 2024 15
Shankill Womens Centre Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Charitable activities Grants Receivable 858.578 858,578 766,098 Other trading activities 129,810 129,810 130,921 Total 129.810 858.578 988,388 897,019 EXPENDITURE ON Charitable activities Direct Charitable Expenses Governance 98,185 6,300 916,433 1.014,618 6,300 870,956 6,000 Total 104,485 916,433 1,020.918 876,956 NET INCOMEI(EXPENDITURE) Transfers between funds 25.325 (96) (57,855) 96 (32,530) 20,063 14 Net movement in funds 25.229 (57,759) (32,530) 20,063 RECONCILIATION OF FUNDS Total funds brought forward 80,687 156,410 237,097 217,034 TOTAL FUNDS CARRIED FORWARD 105,916 98,651 204,567 237,097 The notes form part of these financial statements 16
Shankill Womens Centre Statement of Financial Position 31 March 2024 31.3.24 31.3.23 Notes FIXED ASSETS Tangible assets 10 99,453 14,077 CURRENT ASSETS Debtors Cash at bank and in hand 75,209 44,184 112,375 119,330 119,393 231.705 CREDITORS Amounts falling due within one year 12 (14,279) (8,685) NET CURRENT ASSETS 105.Il4 223,020 TOTAL ASSETS LESS CURRENT LIABILITIES 204,567 237,097 NET ASSETS 204,567 237,097 FUNDS Unrestricted funds Restricted funds 14 105,916 98,651 80,687 l56,410 TOTAL FUNDS 204,567 237,097 The financial statements were approved by the Board of Trustees and authorised for issue on 15 November 2024 and were signed on its behalf by.. Nicola Mccullough - Trustee The notes form part of these financial statements 17
Shankill Womens Centre Statement of Cash Flows for the Year Ended 31 March 2024 31.3.24 31.3.23 Notes Cash flows from operating activities Cash generated from operations 15,454 120,492 Net cash provided by operating activities 15,454 120.492 Cash flows from investing activities Purchase of tangible fixed assets (90,600) (1,162) Net cash used in investing activities (90,600) (1,162) Change in cash and cash equivalents in the reporting period Cash and ¢a5h equivalents at the beginning of the reporting period (75,146) 119,330 119,330 Cash and cash equivalents at the end of the reporting period 44,184 119,330 The notes form part of these financial stateinents
Shankill Womens Centre Notes to the Statement of Cash Flows for the Year Ended 31 March 2024 RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Net (expenditure)lincome for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Decrease in debtor5 Increase in creditors (32,530) 20,063 5,224 37,166 5,594 4,930 64,262 31,237 Net cash provided by operations 15,454 120,492 ANALYSIS OF CHANGES IN NET FUNDS At 114123 Cash flow At 3113124 Net cash Cash at bank and in hand 119,330 (75,146) 44,184 119,330 (75,146) 44,184 Total 119,330 (75,146) 44,184 The notes form part of these financial statements 19
Shankill Womens Centre Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by 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 (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. (a) General information and basis of preparation Shankill Womens Centre is constituted as a company limited by guarantee incorporated in Northern Ireland (N1028769). In the event of the charity being would up, the liability in respect of the guarantee is limited to £1 per member of the charity. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by 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 (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013. the Companies Act 2006 and UK Generally Accepted Practice as it applies from l January 2015. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statein¢nts are presented in sterling which is the functional currency of the charity.. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. (b) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restrict¢d fund is set out in the notes to the financial statements. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. (c) Income recognition 20 continued...
Shankill Womens Centre Notes to the Financial Statements - Continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continued Basis of preparing the financial statements All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any perforniance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilinent of those conditions is within the control of the charity and it is probable that they will be fulfilled. Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities (SOFA) when receivable. Income received from collections is recognised when received. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be ineasured reliably, and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expendituie. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy beiiig received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from earned income includes income earned from fundraising events and earned income activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recogniscd when entitl¢ment has occurred. The charity receives government grants which are detailed within the notes to these financial statements. Income from government and other grants are re¢ognised at fair value when the charity has entitlement after any performanc¢ conditions have been met. it is probable that the income will be received, and the amount can be measuied reliably. If entitlement is not met, then these amounts are deferred. (D) Expenditure recognition All expenditure is accounted for on an accruals basis inclusive of VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. It is catcgorised under the following headings: Costs of raising funds include5 the costs associated with attracting voluntary incomes. Expenditure on charitable activities includes those costs incurred by the charity iii the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. and Other expenditure represents those items not falling into the categories above. 21 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 Mgrch 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial statements Irrecoverable VA T is charged as an expense against the activity for which expenditure arose. Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. (e) Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on an insert detail basis and other overheads have been allocated on a basis consistent with the use of resources. (Q Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fix¢d assets, at rates calculated to write off the cost, less estimated residual value, of eaoh asset on a systematic basis over its expected useful life as follows: Freehold Land & Buildings Leasehold Improvements Plant and Equipment IO% Straight Line I 00/0 Straight Line 200/0 Straight Line (g) Finaneial Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provision of the instrument. Basic financial instruments are initially recognised at the amounts receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or relived and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publlcly traded or their fair value can otherwise be measured reliably. the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. 22 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continued Basis of preparing the financial statements Other financial instruments. including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate. in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designed hedging relationship. Financial assets that are measured at cost or amortised Cost are reviewed for objective evidence of impairment at the end of each reporting date. if there is objective evidence of impairment an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain is recognised. For all equity instruments regardless of signifIcance. and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. (h) Impairment Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. (i) Provisions Provisions are recognised when tlie charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount Can be reliably estimated. (i) Leases Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the cxpected useful life of the asset. Minimum lease payinents are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors. Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. (k) Tax No provision is required for taxation as the company is defined as a charity for taxation purposes. 23 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continued Basis of preparing the fInancial statements The charity is a registered charity and so such is entitled to certain tax exemptions on income and profits from investments and surpluses on any earned income activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. (l) Going ¢oncern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. (m) Judgements estimates Tlie following judgements including those involving estimates that have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements and that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year: (i) depreciation method and asset useful lives The estimates and assumptions are reviewed on an ongoing basis considering the current and future market conditions. Pension costs and other post-retirement benefits Th¢ charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Child¢are Fees Donations Other Income 64,586 64.824 400 59,331 71,590 129,810 130,921 24 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 INCOME FROM CHARITABLE ACTIVITIES 31.3.24 31.3,23 Activity Grants Receivable Grants 858,578 766,098 Grants received, included in the above, are as follows: 31.3.24 31.3.23 Lottery - Revenue Belfast Council - Christmas Market Belfast Council- Revenue Belfast Council Other Belfast City Council - Land Purchase Belfast City Council - Health Programme Dept of Justice - Christmas Market Dfc Education and Training DtE Court Developing Women in tlie Community Dfc Women Centre Childcare Fund Nl Community Relations - North Belfast Good Relations Nl Community Relations - GWB Womens Network Dept of Foreign Affairs - Core TEO Central - Good Relations Funding Shared Comm Educ SEUPBI Peace IV NIPPA - Early Yearsl The Pathway Fund Womens Tec - Connect 4 Women Lottery - Young Womens Project Dept of Justice - Awards for All SEUPB - BCC Salaries WRDA - Women Breaking Barriers Dfc Lifeskills Department of Health 158.900 560 500 742 10,000 750 5,500 233,050 io,000 54,291 90,000 24,832 77,291 41,010 95 30,000 28,577 140 13,000 6,130 90,000 1,081 226,731 50,511 81,000 105,063 28,219 29,085 27,851 95.962 8,750 39,462 11,128 43,865 600 858,578 766,098 25 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 CHARITABLE ACTIVITIES COSTS Support costs (see note 5) Direct Costs Totals Direct Charitable Expenses Governance 1.009,918 4,700 6,300 1.014,618 6,300 I,009,918 I 1,000 1,020,918 SUPPORT COSTS Governance costs Finance Totals Direct Charitable Expenses Governance 4,700 4,700 6,300 6,300 4,700 6,300 11,000 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargIn(crediting). 31.3.24 31.3.23 Accountancy Fee Audit Fee Deprcciation - owned assets Hire of plant and machinery Other operating leases 3,300 3,000 5,224 325 3,430 3.000 3,000 4,930 565 2,180 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. 26 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 STAFF COSTS 31.3.24 31.3.23 Wages and salaries Social security costs Other pension costs 660,452 48,634 6.967 553,290 51,358 10,016 716,053 614,664 The average monthly number of employees during the year was as follows: 31.3,24 30 31.3.23 32 Management and Administration No employees received emoluments in excess of £60,000. The key management personnel of the charity Comprise of the Chief Executive and Senior management team. The salaries paid to key management personnel being the Chief Executive Officer, Funding and Development Manager and Finance Manager during the year totalled £164,770. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds Total funds INCOME AND ENDOWMENTS FROM Charitable activities Grants Receivable 766,098 766,098 Other tradlng activities 96,950 33.971 130,921 Total 96.950 800,069 897,019 EXPENDITURE ON Charitable activities Direct Charitable Expenses Governance 174,072 6.000 696,884 870,956 6,000 Total 180,072 696,884 876.956 NET INCOME/(EXPEINDITURE) (83,122) 103,185 20,063 RECONCILIATION OF FUNDS Total funds brought forward 163,809 53,225 217,034 27 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted Total fund funds funds TOTAL FUNDS CARRIED FORWARD 80,687 156,410 237,097 10. TANGIBLE FIXED ASSETS Freehold Leasehold Plant and property Improvements Equtpment Totals COST At l April 2023 Additions 431,683 90,000 178,494 304.785 600 914,962 90,600 At 31 March 2024 521,683 178,494 305,385 1,005,562 DEPRECIATION At l April 2023 Charge for year 431,683 178,494 290,708 5.224 900,885 5,224 At 31 March 2024 431,683 178,494 295,932 906,109 NET BOOK VALUE At 31 March 2024 90,000 9.453 99,453 At 31 March 2023 14,077 14,077 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade debtors Dfc Womens Tec Belfast City Council Nl Community Relations WRDA Other Debtors Small Wonders Prepayments and accrued income 2,211 17,896 8,382 130 4,234 33,723 8,784 12,416 4,426 11,384 38.497 3,337 38,497 3.667 75,209 112.375 28 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other creditors Accruals and deferred income 6,425 7,854 3,885 4,800 14,279 8.685 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted fund funds Fixed assets Current assets Current liabilities 871 119,324 (14,279) 98,582 69 99,453 119,393 (14,279) 14,077 231,705 (8,685) 105,916 98,651 204,567 237,097 29 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 3113124 At l14123 Unrestricted funds General fund 80,687 25,325 (96) 105.916 Restricted funds CFNI - Covid 19 Lottery Strategic Plan Residential Grant Lottery - Revenue Belfast Council - Community Building Belfast Council - Revenue Belfast City Council - Land Purchase Belfast City Council - Health Programme Dept of Justice - Christmas Market Dfc Education and Training NI Community Relations - North Belfast Good Relations Nl Community Relations - GWB Womens Network Dept of Foreign Affairs - Core Womens Tec - Connect 4 Women Department of Health 4,426 (4,426) 1,371 47,356 13,000 500 (1,371) (39.254) (13,000) (500) 90,000 ,102 90,000 (8) 105 23.018 (105) (23,018) (96) 96 560 65,868 310 (560) (65,868) (241) 480 69 480 156,410 (57,855) 96 98,651 TOTAL FUNDS 237,097 (32,530) 204,567 30 continued...
Shankill Womens CeDtre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows., Irlcoming resources Resources expended Movement in funds Unrestricted funds General fund 129,810 (104,485) 25,325 Restricted funds CFNI - Covid l9 Lottery - Strategic Plan Residential Grant Lottery - Revenue Belfast Council - Community Building Belfast Council - Christmas Market Belfast Council - Revenue Belfast Council - Other Belfast City Council - Land Purchase Belfast City Council - Health Programme Dept of Justice- Christmas Market Dfc Education and Training Dfc Woinen Centre Childcare Fund NI Community Relations - North Belfast Good Relations NI Community Relations - GWB Womens Network Dept of Foreign Affairs - Core TEO Central - Good Relations Funding Shared Comm Educ NIPPA - Early Years/ The Pathway Fund Womens Tec - Conn¢ct 4 Women Lottery - Young Womens Project Dept of Justice - Awards for All Dept of Foreign Affairs - Change Makers SEUPB - BCC Salaries WRDA - Women Breaking Barriers Dfc Lifeskills Department of Health (4,426) (4,426) (1,371) (39,254) (13,000) (140) (13,500) (6,130) (1,371) (39.254) (13,000) 140 13,000 6,130 90,000 (500) 90,000 1,081 (1,073) (105) (249,749) (50,511) (105) (23,018) 226,731 50,511 81,000 (81,000) (560) (94,622) (560) (65,868) 28,754 28,219 (28,219) 29,085 27,851 95,962 ,750 (29.085) (28,092) (95,962) (8,750) (241) 76,309 39,462 11,128 43,865 600 (76,309) (39,462) (11,128) (43,865) (120) 480 858.578 (916,433) (57,855) TOTAL FUNDS 988,388 (1,020,918) (32,530) 31 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 3113123 At 114122 Unrestricted funds General fund 163,809 (83,122) 80,687 Restricted funds CFNI- Covid 19 Lottery - Strategic Plan Residential Grant Lottery - Revenue Belfast Council - Community Building Belfast Council- Revenue Belfast City Council - Health Programme Dept of Justice - Christmas Market Dfc Education and Training Nl Community Relations - Nortli Belfast Good Relations Nl Community Relations - GWB Womens Network Dept of Foreign Affairs- Core Womens Tec - Connect 4 Women 4,426 4,426 3,871 44,928 (2,500) 2,428 13,000 500 1,371 47,356 13,000 500 (8) I05 23,018 (8) 105 23,018 (96) (96) 560 65,868 310 560 65,868 310 53,225 103,185 156,410 TOTAL FUNDS 217,034 20.063 237,097 32 continued.
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUIYDS - continued Comparative net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 96,950 (180,072) (83.122) Restricted funds Lottery - Strategic Plan Residential Grant Lottery - Revenue Belfast Council - Community Building Belfast Council - Christmas Market Belfast Council Revenue Belfast Council - Other Belfast City Council - Land Purchase Belfast City Council - Health Programme Dept of Justice - Christmas Market Dfc Education and Training Dfc Court Developing Women in the Community Dfc Women Centre Childcare Fund NI Cominunity Relations - North Belfast Good Relations NI Community Relations- GWB Womcns Network Dept of Foreign Affairs - Core TEO Central - Good Relations Funding Shared Comm Educ SEUPBI Peace IV NIPPA - Early Yearsl The Pathway Fund Womens Tec - Connect 4 Women (2,500) (156,472) (2,500) 2,428 13,000 158,900 13,000 560 500 742 10,000 (560) 500 (742) (i 0,000) 750 5,500 254,021 (758) (5,395) (231,003) (8) 105 23,018 i 0.000 54,291 (10,000) (54,291) 90.000 (90,096) (96) 24,832 77,291 (24,272) (I I,423) 560 65,868 41,010 95 (41,010) (95) 30,000 28,577 (30,000) (28,267) 310 800,069 (696,884) 103,185 TOTAL FUNDS 897,019 (876,956) 20,063 33 continued...
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds Transfers between funds At 3113124 At 114122 Unrestricted funds General fund 163,809 (57,797) (96) 105,916 Restricted funds CFNI - Covid 19 Lottery - Strategic Plan Residential Grant Lottery - Revenue Belfast City Council - Land Purchase Nl Community Relations - North Belfast Good Relations Womens Te¢- Connect 4 Women Department of Health 4.426 (4,426) 3,871 44,928 (3.871) (36,826) 90,000 8,102 90,000 (96) 69 480 96 69 480 53,225 45.330 96 98,651 TOTAL FUNDS 217,034 (12,467) 204,567 34 continued.
Shankill Womens Centre Iyotes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrieted funds General fund 226,760 (284,557) (57.797) Restricted funds CFNI - Covid 19 Lottery- Strategic Plan Residential Grant Lottery - Revenue Belfast Council - Community Building Belfast Council - Christmas Market Belfast Council Revenue Belfast Council - Other Belfast City Council - Land Purchase Belfast City Council - Health Programme Dept of Justice Christmas Market Dfc Education and Training Dfc Court Developing Women in the Community Dfc Women Centre Childcare Fund NI Community Relations - North Belfast Good Relations Nl Community Relations - GWB Womens Network Dept of Foreign Affairs - Core TEO Central - Good Relations Funding Shared Comm Educ SEUPBI Peace IV NIPPA - Early Yearsl The Pathway Fund Womens Tec - Connect 4 Wojnen Lottery - Young Womens Project Dept of Justice - Awards for All Dept of Foreign Affairs - Change Makers SEUPB - BCC Salaries WRDA - Women Breaking Barriers Dfc Lifeskills Department of Health (4.426) (4.426) (3,871) (195,726) (13,000) (700) (13,500) (6,872) (i 0,000) (3,871) (36,826) 158,900 13,000 700 13,500 6,872 i 00.000 90,000 1.831 5,500 480,752 (1,831) (5,500) (480,752) i 0.000 104,802 (i 0,000) (104,802) 171,000 (171,096) (96) 24,832 106,045 (24,832) (106,045) 69,229 95 (69,229) (95) 59,085 56,428 95,962 8.750 (59,085) (56,359) (95,962) (8.750) 69 76,309 39,462 I I,128 43,865 600 (76,309) (39.462) (11,128) (43,865) (120) 480 1,658,647 (1,613,317) 45,330 TOTAL FUNDS 1,885.407 (1,897.874) (12,467) 35 continued..
Shankill Womens Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2024 15. CONTINGENT LIABILITIES A contingent liability exists to repay grants received should certain conditions not be fulfilled by the charity. 16. RELATED PARTY DISCLOSURES During the year the charity entered into the following transactions with related parties:. During the year Shankill Women's Centre entered into transactions with Small Wonders Childcare, a related party. At the Balance Sheet date, the amount owed by Small Wonders Childcare to Shankill Women's Centre was £38.497. (2023 Small Wonders Childcare owed £38,497) 17. POST BALANCE SHEET EVENTS There were no events after the reporting period therefore no material issues need disclosed. 18. COMPANY CHARGE A Company Charge was created on l O April 2002 between The Department of Health, Social Services and Public Safety, Castle Buildings, Stormont Estate, Belfast The charge consisted of lands and premises comprised in an Indenture of Lease dated 3 December 1998 between North and West Belfast Health and Social Services Trust and Shankill Women5 Centre. A Company Charge was created on I September 2008 between Belfast Local Strategy Partnership and Shankill Woinens Centre. The Charge consisted of all inonies mortgage deed of land and premises known as 151-157 Shankill Road, Belfast BT13 IFD. 19. WINDING UP Every member of the Company undertakes to contribut¢ to the assets of the Company, in the event of the same being wound up while it is a member, or within one year after it ceases to be a member, for payment of the debts and liabilities of the Company contracted before it ceases to be a member, and of the cost5, charges and expenses of winding up, and for the adjustment of the rights of the contributor's among themselves. such amount as may be required not exceeding one pound. 20. SHARE CAPITAL The Company is Limited by Guarantee and has no Share Capital. 36
Shankill Womens Centre Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Other trading activities Childcare Fees Donations Other Income 64,586 64,824 400 59,331 71.590 129,810 130,921 Ch2ritable activitie5 Grants 858,578 766,098 Total incoming resources 988.388 897,019 EXPENDITURE Charitable acthvities Wages Social security Pensions Staff Training Staff Travel/ Expenses Insurance Light and heat Telephone Postage and stationery Advertising Sundries Administration Costs Catering Costs Child¢arel Creche Consumables Cl¢aning Creche Equipment Facilitation Fees Individual Celebrations Hospitality Management Fees Membership Fees External Services Repairs and Maintenance Small Equipment Photocopier & Consumables Carried forward 660,452 48,634 6,967 325 3,430 5.170 22,4l3 8,942 7,379 553,290 51,358 10,016 565 2,180 4,967 7,888 6,497 7,416 360 7,257 11.044 7,000 682 5.016 1,602 12,745 993 306 4,705 606 13,000 3,310 1,792 5,335 719.930 1,672 10,635 8,370 11,087 5,502 270 4,350 795 2,726 4,495 1,412 11,036 4,306 1,324 6,503 838,195 This page does not form part of the statutory financial statements 37
Sh2nkill Womens Centre Detailed Statement of Financial Actlvities for the Year Ended 31 March 2024 31.3.24 31.3.23 Charitable activities Brought forward Computer Maintenance Programme Activities Programme Costs Residential Costs Room Hire and Refreshments Transport Costs Women's Forum Programme Health Programme Other Direct Programme Costs Bad Debts Depreciation of tangible fixed assets 838,195 4,858 6,613 58,297 6,000 320 719,930 5,226 1,870 54,835 5,780 2,600 160 26,370 37,770 7,992 29,958 32,436 26,876 1,14l 5,224 4,930 1,009,918 867,463 Support costs Finance Bank charges 4,700 3,493 Governance costs Accountancy Fee Audit Fee 3,300 3,000 3,000 3.000 6,300 6,000 Total resources expended 1,020,918 876,956 Net (expeDditure)lincome (32,530) 20,063 This page does not form part of the statutory financial statements 38