Coimpai)y I'egisli'alion Iiuiiibei.: N1044660
Cliai'ity I'egisli'alion i)uiiiber.' NIC102442
Ballymena Area Children's Contact Centre
(A company liinited by guai'anlee)
Annual Report aiid Financial Siateinents
for tl)e Yeai. Elided 31 ￿[al'ch 2023
Cailiei'iiie McRoi'}i FCMA CG￿lA
Baxterwoi'ld Lid
Uiiit 3, Dartsaii Industrial Park
60-84 Dai'gan Ci'escent
Belfast
Co. Aiili'iiii
BTJ 9JP

Ballytnena Area Childi"en's Contact Cei)tre
Coi)tents
Refei'eiice and Adniinisti'ative Details
Sti'ategic Repoi'l
2to3
Trustees, Repoi
4t05
Statement of Triistees, Respoiisibilities
Ii)dependent Exaiiiinei s Repoit
Sialeineiit of Financial Activitie5
Balance Sl)eel
Notes lo tlie Fiiiaiicial Stalei)ieiils

Ballymeiia Area Children's Contact Centre
Refei'eiice aiid Adin ii)isti'ative Details
Tt'ustees
Jayiie Ballentine
Ricliai'd Mai-sliall
Kai'eii Mcconkey
Diane Bui'(Fess
Fi'aii O'Boyle
Janies Malion
Elaiiie McDoiiald
Seci'etary
Heailiei. Caldwell
Pi'iIieii)Al Office
Naoiiii Ceiili'e
2 Cul lybackey Road
Ballyi)iena
BT43 5DF
Registei'cd Office
Naoini Ceiitre
2 Cullybackey Road
Ballyi)iei)a
BT43 5DF
Tl)e chai'ity is incoi-porated in Nortliei-n Ii-eland.
N1044660
Comi)aiiy Registi-atioii Numbei.
Cliai'ity Regisli'Atioi) Nuiiibei.
NIC102442
B2111<ei's
Daiiske Baiik
Bioadway
1-2 Bi'oadivay
B311yii)ei)a
BT43 6EA
liidependent Ei xaniiiiei.
Cailiei'ine N4cRory FCMA CGMA
Baxlei'woi'ld Lid
Uiiil 3, Dai'gai) IiidLlStrial Pai'k
60-84 Dai..
ali Ci'escent
Belfast
Co. Aiilrii)I
BT3 9JP
Page I

Ballymeiia AR'ea Cliildren's Contact Centre
Strategic Repoi't for tlie Yeai. Ei ])ded 31 Marcl) 2023
Tlie Ii'iislees, who are dii'ecloi's for Ilie pui'poses of coiiipaiiy law, pi'esent their strategic I'eporl foi. the yeai. elided
31 March 20?3, iii coiiipliai)ce iviih s414C of tlie Con)P<ll)ies Act 2006.
Pei'foi-niAiice Aiid acllieveiiieiits
2022- 2023
Tl)e financial yeai. ?022 123 1)as seen Il)e chai-ity coiitiiiiie lo offei. a Inlich i)eeded service to tlie comiiiiiiiity,
suppoi'tinu sepai'aled faii)ilies lo Iiave eoi)tacl, especially aftei. tlie effeels and iiiipact of Covid.
Tliankfully, we appeal. lo liave coiiie oiit of tlie most severe impacts of Covid, aiid liave beeii able lo I'eliii'n lo
fiill in pei'soii I face to face sei'vice, Ivitli piovisioi)s in place foi. faiiiilies e.tr
the nLiiiibei' of faiiiilies to 6 iii tlie lialls, to iiiiniiiiise tlie poteiilial foi. spl'eading infections.
Willi our first fiill year of weclcly sei'vice at botl) ceiili'es since Ilie start of tl)e paiidemic, we saw tlie eei)Ii'es
pi'ovide eoi)lact foi. a total of 416 Faiiiily Visits, Ivliicl) l OJ3 1)OLirs of coiitact.
Coi)lact eliildi'en ivould not liave Iiad wiiliout tlie service pi-ovided by tlie cliai'ity.
Oiii. i)iaiii acl)ieveineiils over tliis fiiiancial year wei'e
Tliui'sday session5 - Tliiii'sday sessions were slai'led in Ballyiiieiia, pi'oviding addilioi)al siipport and options foi.
faiiiilies tliat cannot coininil to Salui-day contact. Tliis addition also brings BACCS iii lii)e with otliei. contact
ceiiti'es.
Cliild Pi'oteetion - We updated Cliild Pi'otection Ti'ainino foi- iiiany of Ilie volunteer5, ensurii)g tlieir kiiowled(Fe
and skills al'e up to dale in ordei. to suppoi't vuli)ei'able faniilies.
Toys ai)d Resources - Toys aiid resoiirces iii Il)e cei)Ii'es Iiave also beei) updated, lo lielp pi'ovide ai)d facililale
Inoi'e 'iialiii'al contact, Kviili faiiiilies, and give Ilieiii oppoi'tLinities lo iiitei'acl ai)d engage
Clii'istiiias - Witli Ilie suppoit of Woiiien's Aid, we ivei'e able to give iiiiicl) needed and iiiucli appi'eeialed
pi'esei)Is lo all the kids ii) tlie centre. All available voliinleers ivei'e also takeii foi. tlieir Ii'adilioiial Cl)I'isli)ias
Lui)ch.
Uplift . Ille liave received a 3.540/0 uplift in oui. fiiiidiiiu froiii tlie Noi'tliei'i) Healili ai)d Social Cal'e Ti'LISt, to
supijoi't witl) Il)e risiiig costs of day lo day I'uiiiiing, aiid l)elp facilitate Ilie addition of Tliiii'sday coiitaet.
Aiiti'iiii Ceiiti'e
Ovei. the fii)aiicial year, we provided total of 228 faiiiily visits, aiid a tolkll of 5?9 coi)tact lioui's.
Ballyiiiena Centre
Over Iliis finaiicial yeai., we pi'ovided I SS faii)ily visits aiid a total of 504 coiilacl liour5.

Ballymeiia Area Childi'en's Contact Cei)ti'e
Stt'ategie Repot't for the Yeai. El 11(led 31 March 2023
FinAIiciiÉ I I'evieiv
Policjj oil i'e.serii£s
It is Ilie Chai-ity'q policy lo 11)aii)laiii iiiii'esti'icted resei'ves eqiial to 6 Inoiiihs I'iiiiiiin￿ costs. In 2023, that iialiie is
£17,175. The Uiii'estricted I'esei'ves lolal £43,303 foi. 2023 wl)icli is equivalent lo jiist ovei. l yeai s I'unninn costs.
Tlie sli'aleTrjc I'eport was appi'oved by tlie ti'iistees of tlie cliai'ily oil 13 Noveii)ber 2023 aiid sigiied oli its beli£llf
by..
Kareli fvl
Ti'ustee
Coiikey
Page J

Ballyniena Area Childi'en's Contact Ceiiti"e
Ti'ustees, Repoi't
TS)e Ii'ustees: wlio al'e dii'ectoi's for Ilie pui'poses of coiiipaiiy laiv, pi-esciit Ilie aniiiial I'epoit logeilier willi Ilie
financial stalei)ienls of tlie cliai'ilable coiiipany foi. tlie yeai. ended 31 Mai'ch 2023.
Objectives Aiid aeliiyities
Piiblic l)eiiefil
Tl)e benefits wl)icli flow fi'oiii Iliis piirpose iiicliide.. l. The i-elief of tlie eiiiolioiial iiiipact of sepai'ation diie to
fai)iily bi'eakdown 2. Tl)e i-e-eslablislii)ieiit of a level of Ii'iist between Ilie pai'enls. J. Increased contact between
tlie cliild aiid Il)e absent pai'eiit iviiliiii a safe iieiili-al eiivii'oi)meiit 4. The cl)ild is safe Iioin I'isk of liari)i e.g.
doiiiestic abiise oi. siibslance abiise. Tliese beiiefits will be evidenced by l. Tlie iiiiiiibei. of fainilies usin(F ilie
service 2. Tlie i)uii)bei' of faii)ilies i))oving on to nioi'e positive contact Olilside Il)e ceiiti'e (pi'esenily 700/0 plu5) J.
Fainily evalualioii sheets 4. AiiecdolRI evidence fioiii iisci's of tlie ¢eiiti-es 5. Feedback fioiii I'efei'rei's, e.0 social
services, soliciloi's, cliild coiii't officei's aiid coiirts. 6. Researcli Tlie piii'poses of oui. cl)ai'ity Iiiay lead lo Il)e
following liai'ii) l. Confi-oiitatioi) betweeii pai-ei)Is. ? Fai))ilies becoi)ie I'eliai)t oli Ilie cenli'es We cali Ininimise
the l)ai-ni and sliow it is oiili¥eiglied b), the benefits by l. Pi-e visits willi families lo cai'iy oiit I'isk assessii)ent and
ddi'ess Ilie need foi- Il)e centi'e lo be a lei)Iporaiy soliition to cliild contact ? Staggei-ed ai'i'ival &i)(I depai'liii'e
lin)es for faiiiilies 3. Cai'i'y oiit i-egulai- I'evieivs will) all f<2111ily Ineiiibei's to addi'ess ways of iiioviiig 01). 4.
Reseai'ch sliowiiiTr Ilie success of the cei)Ii'es aiid tl)eii' objectives. Tl)e oiily pi'ivatc beiiefits floiviiig fi'om Iliis
pui'pose are l. Volui)teers iiiay enliai)ce Ilieii. einploynieiit opporliinities tliroiigl) Il)e Ii'aining aiid e.xperience
gaiiied froni suppoi'tintt cl)ild contact. Tliis Ii'aii)ing Inay be ti'ansferable lo otlier settii)gs. 2. Volui)teers iiiay
I'eceive Iravellino expenses. J. Voliinteei's wlio al'e Directors 01. $1101) tlie iiiaiiaueiiieiil coii)Ini¢tee iiiay ei)l)ai)ce
tlieii. cinployn)ent oppoi'tlinities Ilii'ougli tlie skills gained as pai't of tlie ￿[anage71]e7)t Board. Tliese pi'ivate
benefits al'e incidental and necessary lo ensiii'e tlial Ilie benefit is pi'ovided to oui- beneficiai'ies. Tlie beneficiaries
al'e Ilie people of Ballyiiiena, Ai)Ii'iiii and Lai'ne ai-eas ivl)o al'e expei'iencing faiiiily bi'eakdowii aiid wish lo
eslablisl) coi)lacl witl) tlieii. cl)ildreii, i¥lieiliei- pai'ei)ts, oi'andpai'eiits or sibliiigs. Altlioiigl) i)iosl of oui. fai)iilies
reside in tliese three ai'eas, it IS 1101 oiir policy to I'efiise people fi'oiii otl)ei' areas of Noi'il)erii Ii'elaiid oi. oiilside
tlie pi-oviiice. Oil)er aspects Staff aiid voluiiteei's al'e foui)d lo facilitate Il)e siiiootl) I'LlI)i)iiig of tlie cei)ti'e;
Voluiileei's bei)efil froiii inci'eased skills IIiioii(yli oiigoiiil) Ii'ainints ivliicli could enliai)ce Ilieii. cai'eei.
opporliiiiities and gaiii expei'ieiice tl)I'ougli leaii)Kvorlc aiid Iielivoi'kiiiu ivitl) oil)ei' voliiiileei's Voliinleeis iiiay find
tl)eiiiselves li) coiifroiilalioiial siliiations oi. 11)ay beeoi))e eiiiolioiially affected by tlie needs of Ilie clii Idi'en bLIt
tl)is is iiiiiiiiiiised by.. l. Vettiiio of voliinleers 2. On(Toin(F ti'aiiiing 3. Siippoit policies to assist voliinleei's We
Iso pi'oinote and piiblicise Ilie coi)cept of Cliild Coiitact Cenli'es.. Iliis leads lo aiv<ql'eiiess by Ilie piiblic of tlie
I'ole of Cl)ildi'eii's Contact Ceiili'es so Iliat Il)eJi can seek I'efei'i'als in liii)es of iieed aiid tliis is deinoiisti'ated
tliioiigli Il)e iiuiiibei. of I'efei'rals, wlietliei. tliiouoli social seiwices, courts, soliciloi's, oi. self-l'efei'i'al.
Tl)e Ii'iislees confii'iii Iliat tl)ey liave eoii)plied iviil) tlie requii'einenls of seclioii 3 of Ilie Cliai'ities Act 2008 to
liave diie I'egai'd lo tl)e piiblic benefit giiidai)ce piiblislied by tlie Cliai'ity Coiiiii)ission toi. Noi11iei'n Ii'elai)d.
Sti-uetiire) govei'nAiiee Aiid Inaii8geineIit
Naliire of&JLJvei'iiiiig ilociiiiieiil
Ballyiiiei)a Ai'ea Clii Idi'eii's Coiit3et Cei)Ii'e is a Coinpaiiy Lii)iited by Guai'ai)lee, govei'iied by a Meiiioi'aiiduiii
nd Articles of Association and I'egistei'ed as a c11¢1 I'lty witl) tlie Cliai'ities Coiii1))issioii of Nl.
It is govei'iied by a volLiiilaiy ￿[alia￿le1)letiI Coiiiiiiittee wl)icl) is I'esi)oiisible for sli'alegic pl<llll)il)o ai)d decisioii
IllÉikiiig, fiiiaiicial govei'iiai)ce aiid pi'obity and l)ave eiiiployinenl I'espoiisibi lit}, foi. <111 staff. Voluiiteei'ii)
oppoi-lunities witliiii the oi'gaiiisatioii are openly advei'tised thi'ouuli a wide i-ai)ge of i)iedia oiiilels. All
voILiiileei's coiiiplete a i)iaiidaloiy ti'aiiiii)ts pi'ograiniiie, al'e siibject to a six-i))oiiih i)iobatioiiaiy pei-iod aiid
coi))plele a coiiipi'elieiisive iiidLiclioii i)iocess. Tliose voliinleei's ivlio al'e lo be ai)i)oinled to Ilie fvlaiiageiiieiit
Coini))iltee I'eceive specialist Ii'aiiiii)g lo assist Il)eiii lo fiilfil Ilieii. ioles iii I'elalioii lo uovei'i)ai)ce ot Ilie
oigaiiisatioii.

Ballyineiia Area Childj'en's Contact Ceiiti'e
Ti'ustees, Report
Reci'iiiliiieiil Iiiicl (iiJiJoiiilp7ieiil vf li'iislee.s
leinbci's lo Il)e ￿lana￿e1)le11I Coiiiii)ittee are proi)osed at tlie aiiiiiiAI general ii)eetiiig. Office beai'eis al'e elected
at tlie fii'sl Wlanagen)enl Comiiiitlee nieeliiiu folloivii)g Ilie aiinual ueiiei'al ii)eeting.
Orsyuiiisiilioiiiil sli'iicliire
Tlie day-to-day iiiai)agei)ient and opei'atioii of Ilie activities are cai'i'ied olit by a staff leaiii, led by Il)e Ceiiti'e
Co-oi'diiiatoi., Ivlio also I'epoi'ls to tlie Coniii)ittee. Operalioiial voluiiteei's conli'ibiite to Ilie day to day activities
of Ilie cl)ai-ity aiid tl)eii' coi)Ii'ibiilioii is invaluable to Il)e cl)arity nieelinu its aiins aiid objectives.
Finai)ClÉil insti'uineiits
Objeclives Iiiiilpolicies
'ri)e el)ai'ity's activities expose it to a i)uinbei' of fiiiancial I'isks iiicludiiio ci-edil I'isk, casli flolv I'isk and IIqLiidity
I'isk. Tlie iise of finaiicial dei'ivatives is govci'ned by Ilie cliai'ity's policies ai)pioved l)y tlie boai'd of ti'iislees,
wliicli pi'ovide wi'itteii pi'iiiciples on Ilie iise of financial dei'ivatives lo Inanage Il)ese I'isks. Tlie el)ai'ily does not
use dei'ivalive finaiicial iiisti'iiiiieiits toi. speelilalive piirposes.
CiiJliflo)v risA-
Tlie cliarity's activities e.xpose il priinai-i ly to tlie fiiiancial risks of cliai)ges in foi-eign cui'i'ency excliaiige I'ales
aiid iiitei'est I'ales. Tlie cliai'ity iises foi'ei(Jn excliaiige foi'wai-d contracts ai)d intei'est l'ate swap conli'acls lo liedge
tl)ese exposiii'es.
Iiitei'est beai-jiio assets and liabilities al'e held at fi.Ked I'ale lo ensui'e cerlaii)ty of cash floiv5.
Creilil risk
Tlie chai'ity's pi'incipal fii)aiicial assets al'e baiik balaiices aiid casl), ti'ade aiid othei- I'e¢eivables, ai)d invesli)ients.
Tlie cliai'ity's ci-edit I'isk is pi'ii)iai'ily atti'ibiitable to ils trade I'eceivables. Tl)e aii)oiii)Is pieseiitcd ii) Il)e balaiice
slieet are Iiet of allowances foi. doiibtful i-eceivables. Ali alloKvance foi. iiiipairiiieiil is Iiiade wliei'e Iliei'e is an
identified loss eveiit ivliicli, based on pi'evi0115 expei'ience, is evideiice of a rediietioii iii Ilie I'ecovei'ability of Ilie
casl) flows.
Tlie ci-edil I'isk on Iiqliid fiinds and dei'ivative fiiiancial ii)slriii)ienls is lii)iited becaiise Ilie coiinlei'paities are
bai)l<s willi l)igli ci'edit-t'aliiigs assigiied by iiitei'iialioiial ci'edil-l'alino aaeiicies.
Tlie chai'ity lias 110 sigiiificant coneenli'alion of ci'edil risk, willi exposure spread ovei. a lai-tye Iiliinber of
couiilei'pai'lies and custoiiiei's.
Liiiiiidilji i'isk
Iii oi'dei. to ii)aii)laiii liquidity to eiisui'e tliat siifficieiit fiiiids are available for oii(yoiiig opei'atioiis aiid futLlI'e
developiiieiils, the el)ai-ity uses a ii)ixtui-e of loi)g-lei'iii and slioi't-tei'n) debi finaii¢e.
Fui'iliei. details regai'ding liquidity risk cali be fouiid iii tlie Sialemei)l of accoLintiii(F policies iii Ilie fiiiaiicial
statei)ieiits.
Tl)e aiiiiual I'epoi't was appioved by Ilie Ii'iislees of Ilie cliai'ity oli 13 Noveillber 2013 aiid sigiied 011 its bel)alf by:
Kai'en M
Ti'uslee
Coiikey
Page 5

Ballymena Area Childi'eii's Contact Ceiiti'e
Statemeiit of Trustee.8' Respoiisibilities
Tl)e Ii'ustees Iwlio <ll'e also Ilie dii'ectoi'g of Ballyiiiena Ai'ea Cl)ildi'ei)'s Contact Cenli'e foi. Ilie pui'poses of
coiiipany law) al'e I'esponsible foi. pi'epai'iiig Il)e ti'iislees, I'epoi'l an(1 Ilie finaiicial slaleiiienls in accordance ivitli
tlie Uiiiled Kiiigdoiii AccoLllItii)o
Siaiidai'ds Iuiiiled Kiiigdoiii Gei)ei'ally Accepted Accouiitiii(5
Pi-aclice) aiid
i)plicable law aiid i-egul<1tions.
Coiiipany law I'equii'es tlie Irlislees to i)I'epai'e fii)aiicial st31eiiieiits foi. eacli fiiiaiicial yeai.. Uiidei. coi))pai)y laiv
Ilie Ii'iistecs iiiusl iiot appi'ove tlie fiiiai)cial statciiienls iiiiless tliey al'e satisfied Iliat tliey give a Ii'iie lid fail. vieiv
of Ilie .slate of affaii's of tlie cliai-ilable coiiipany <lnd of ils iiicoiiiing i-esoiirces and application of I'esoiii'ees,
inclLidino ils incoiiie a11d expeiiditiii'e, foi. tl)al i)ei'iod. Iii prei)ai'inTr Iliese financial staleiiiei)Is, Ilie triistees al'e
I'equii'ed to..
select siiitable aecoui)liiig policies aiid api)ly Iliein coi)sislei)Ily'
obsei've Ilie iiieihods ai)d priiiciples ii) Ilie Cliarilies SORP.
make jiidoeiiieiits aiid estiinales that are I'easonable aiid i)rLidei)I'
slate wlietl)ei' applicable UIC Accoiii)ting Siandai'dq liii ve been followed, siibject to any iiiatei'ial depai'lui'es
disclosed aiid explaiiied ii) Il)e finaiicial stalei)iei)ts,' and
pi'epai-c tlie fii)aiicial staleiiiei)Is oil Ilie (Foints coi)cei'ii basis 111)less il is iiiappi'opi'iate to pi'esui)ie tliat Ilie
cliai'itablc eoimpai)y will coiitii)ue in biisii)ess.
Tlie Ii-uslees are respoiisible foi. keepiiio adeqii<lte accoui)liiig i-ecoi'ds tliat al'e sufficieiil lo sliow aiid explaiii the
charitable coinpai)y's ti?nsactioiis ai)d disclose with I'easoiiable accui'acy at any tiiiie tlie fii)ancial positioi) of tlie
cliai'itable coiiipany ai)d eiiable thei)I to eiisui'e tliat Il)e fiiiancial stateiiieiils coi)Iply witl) Il)e Coi)Ipanies Act
2006. Tliey are also responsible foi. safeouai'diii(y Ilie assets of the cliai'ilable coiiipany aiid liei)ce foi. taking
I'easonable steps for tlie pi'eveiitioi) and delectioii of fi'aLid ai)d oiliei. iri'eoLilarilies.
Appi'oved by tlie truslees of the cliai'ity on 13 Noveinber 20?3 ai)d sigi)ed on its belialf by-.
Kai'en
Ti'ustee
Coiikey

Ballynieiia Ai"ea Cliililt'en's Contact Centi'e
4 YaiiJii)ei s Repoi't to the trustees of Ballymena Ai'ea Childreii's Contact
Iiidepeiideiit E.
Cei)ti"e
I I'epoi't on Il)e accouiils of Ilie cl)arity for the yeai. elided J l ￿l&1'Cl) 202J ivliicl) are set OLIt on pages 8 10 16
Resi)eetive I'espoiisibilities of ti'ustees And exAiiiiiiei'
Tlle Ii-listees {Ivlio al'e also tlie dii'ccloi's of Il)e coii)i)aiiy foi. tl)e piii'poses of coiiipaiiy lawl al'e I'espoi)sible foi. tlie
pi-eparation of Ilie accoiints. Tlie Ii-lislees coiisider Il)al an aiidit is iiot reqiiii'ed foi. Il)is yeai. Iindei. section 65(2)
of Ilie Chai'ilies Act (Noi'iliei'n Ii'elandl 2008 {Ilie 2008 Act) 2¢ nd Ilial an indepeiident eYai)iiiiatioi) is needed.
H2< viiiu satisfied Inyself Iliat Ilie cliai'ity is i)ol siibjeet lo audit Liiidei- coi)Ipai)y law aiid is eligible for indepeiideiil
exaiiiiiiatioii, il is Iiiy responsibility to..
exaiiiiiie Il)e accoui)Is uiidei. section 65 of Ilie 2008 Act;
lo follow Il)e piocediii'es laid dowii iii Ilie (Fei)eral Dii'eelioiis giveii by tlie Cl)Al'ily Coininissioi) Liiidei. section
65{9)Ib) of tlie 2008 Act; and
to slate ivlietliei. pai'liciilai. iiiallei's liave coiiie to Iiiy allenlion.
Basis of indepeiiilent exaii)iiiei s i'epoi-t
My exaiiiiiialioii was cai'i'ied out in accoi'dance witli tlie oeiiei'al Dii'eclioiis uiveii by Il)e Cliai-ity Coiiiiiiission.
An exainiiiation iiicludes a I'evieiv of Il)e accountiiio I'ecoi'ds kept by Ilie cliai-ity and a coi))pai'ison of Ilie
aeeoui)ts pi'esei)ted witl) tliose I'ecoi'ds. It also iiicludes ¢oiisidei'atioi) of aiiy iinusual ilei)Is oi. disclosui'es iii tl)e
accoiii)Is, aiid seeking exi)laiiatioiis fioin yoii as Ii'iistees coiieei'i)iiig aiiy sucli ii)atters. Tl)e i)I'ocedui-es
ui)dei'takeii do not piovide all tlie evidence 1111¢ l ivoiild be I'eqiiii'ed in ai) alidit aiid coiiseqiiei)tly i)0 opii)ion is
given as to wlieil)ei' Il)e accounts pi'ese11t a 'ti'iie and fail. view, aiid tlie I'eporl is lii))iled to tliose Iiiattei's sel oiit
in tlie slateinenl below.
Indepeiident exainiiiei s stxteiiieiil
In coiiiiectioii ivitl) iiiy e.xai)iii)atioii, iio Inattei. lias coiiie to i)iy altenlioii..
{ I I wliicli gives Ine I'easoi)able caiise lo believe Iliat iii aiiy ij)atei'ial resi)ect tlie I'eqiiii'emeiits:
to keep accoiintiiig I'ecoi'ds ii) accoi'dai)ce iviili sect102) 386 of Il)e Coiiipaiiies Act 2006,. and
lo prepare accouiils ivliicli aecoi'd willi Ilie accolllltiiig I'ecoi'ds, coiiiply ivitli Ilie accoui)tii)g requii'eiiieiits
of seclioii 396 of tlie Coinpai)ies Act 2006 aiid ivitli Il)e i))eiliods and pi'iiiciples of tl)e Sialeiiieiit of
Reeoi)Iiiieiided Pi'actice-. Accoiinting and Repoi1ino by Cliarilies
have iiot beeii iiiet. or
12) to ivl)icli, iii i)iy opiiiioii. attentioi) slioiild be di'awi) iii Oi'dei. lo ei)able a pi'oper uiidei'slai)dii)g of Ilie accoiiiits
lo be I'eaclied.
Cailiei'iiie ￿lCRo1.¥.
.CMA CG￿lA
Baxlei-woi'ld Lid
Unit 3, Dargan Iiidiisli'ial Park
60-84 Daigai) Ci'escei)t
Belfast
Co. Ai)ti'iiii
BT3 9JP
13 Noveii)bei' 2023
Page 7

Ballyineiia Ai"ea Childi'en's Contact Centi"e
Statement of Finaiicial Activities foi. the Year Eiicled 31 Mai'ch 2023
(Ijjcluding Incon)e and Expeii(litiii"e Account aiid Statement of Total Recognised Gaiiis
ai)d Losses)
Uiiresti'icted
fuiids
Rosli'icted
fuiids
TotAI
2023
Total
2022
Note
Iiiconie aT)Il Eii(loivInents fi'oIn:
Donalioiis aiid legacies
Cl)ai'itable activities
Investii)eiit iiieoi))e
1,600
36,066
37,339
101
Total Incoiiie
101
37,339
37,440
37,674
Eipeiiditui'e oil:
Cliai'itable aetivilies
(34,J50)
(34,3501
132,186)
Total ExpeiiditLlI'e
{34,)50)
(34,J50)
(32,186)
Net ii)coine
2,989
5,488
Net i?ioveinei)l in fuiids
2,989
3,090
5,488
Reeoiieiliatioii of fiiiids
Total fui)ds biou(Flit foiTrvai'd
43,201
4,166
47,367
41,879
Total flinds cai'ried foi'wai'd
12
43,302
7,li5
Uii I'esti'icted
funds
50,457
47,367
Tol21
2022
Resti'icted
fuiids
Note
IncoIiie AIiil Eiiiloivinents fi'om:
Doi)alions and leo2{ cies
Cliilrilable activities
Siivesliiieiit iiicome
1,600
1,600
36,066
36,066
Total Iiicoiiie
1,608
36,066
37,674
Eipeiiditui'e oi):
Cliarilable activities
(32.1861
132,186)
Total ExpeiiditLlI'e
132,186)
(J2.186)
Net iiieoiiie
1,608
3,880
5,488
Nel Inoveineiit iii fiinds
1.608
5,488
Recoiiciliatioii of fuiids
Total fiii)ds brouijlit foi'ivai'd
41,593
286
41,879
Total fiiiids cari'ied foi'ivai'd
43,201
4,166
47,367
All of Ilie cli<l1'ity'S activities derive fi'oiii contiiiiiiiig opei'<ltioi)s (ILlI'ing tlie c1bove two pei'iods.
Tl)e tLlI)ds bi'eakdoivii foi- 2020 & 2022 is sliowi) ii) i)ole 12.
Page 8

Ballymeiia Area Childi'en's Contact Centi'e
(Registi"atioii nuinbei": N1044660)
Balance Sheet as at 31 Marcl) 2023
2023
2022
Note
Cui'i'ent assets
Casli at baiik and iii liand
52,876
48,345
Ci'editoi's: Aiiiouiits fxlliiig due iviiliiii oiie yeAI'
{2,4181
(9781
Net assets
50,458
47,367
ri Iiiids of the chal'ity:
Resti'icteil fuiids
7,155
4,166
Uiii'esti'icted ineonie fuiids
Unresli'icted funds
43,201
Tot¢g1 fuiids
50,457
47,367
Foi. tlie fiiiancial yeai. ei)diiig 31 ￿[aL.¢1] 2023 Ilie cl)arity was eiitiiled to exeniptioii froin alidil iiiider sectioii 477
of Il)e Coiiipai)ies Act ?006 1-elatii)g lo siiiall coi)Ipanies.
Dii-eclois, I'esponsibi lities..
Tlie iiieiiibei's l)ave Iiot I'eqiiii'ed Ilie cl)8rity lo obtain ali audit of its accouiits foi. Ilie year in qiiestion in
accoi'danee witli sectioi) 476: and
The directoi-s acki)oiwledge Il)eii' I'esponsibilities for coii)plying willi tlie requireiiieiits of Il)e Act witl) respect
lo accouiitii)o I'ecoi'ds aiid tlie pi'eparatioii of accoiiiils.
Tliese accolints liave beei) pi'epai'ed in accordance willi Ilie provisions applicable lo coii)panies SLibjecl to the
sii)all coiiipaiiies I'eujilie.
Tlie financial stateiiieiils on i)aoes 8 10 16 ¥vei'e appi'oved by tl)e Ii-lislees. and aiitlioi'ised foi. issiie on IJ
Noveii)ber 2023 and signed on Ilieii. belialf by..
Kai-eii WleCoi)key
Triislee

Ballyinena Area Childi"en's Coi)tact Cei)ti'e
Notes to the Fii)ai)cial Statemeijts foi" the YeaR' E4 nded 31 Mai"clJ 2023
Cliai'ity status
Tlie cl)ai'ity is a cl)arity liiiiiled by giiai'antee and conseqiienily docs i)ol l)ave sliai'c capital. Each of tlie ti'iistees
is liable lo conti'ibLile ai) ainoLllIt iiot exceediiig £Nil lowai'ds tlie assets of Ilie cliai'ity in tlie evei)t of liquidatioii.
2 Accountii)u policies
SuiiiinAI'y of siiyiiificAiit 4qecouiitiiia policies an(1 Icey aceoiiiiting estiiiiAtes
Tl)e prii)cipal accouiiliiits policies applied ii) tl)e preparalioii of tliese financial stateii)ei)Is are sel out below.
Tl)ese policies liave beeii consistently applied lo all the yeai's pieseiited, Iinless oiliei'wise slated.
StAteiiieiit of eoiiipliaiiee
The financial stalenienls liave beeii pi'epai'ed ii) accoi'dance with Accouiitiiio aiid Repoi'ting by Cliai-ities..
Sialen)ent of Recoii)i))ended Pi'actice applicable lo cl)ai'ities pi-epai'iiig Ilieii. accoiiiils in accoi'daiice iviili tlie
Fii)ancial Repoi'tinu Standard applicable iii tl)e UIC aiid Repiiblic of Ii'elai)d (FRS 102) (effective l Jaiiiiaiy
2015) - (Cliai'ilies SORP (FRS 102)}, Ilie Financial Repoi'tii)g Siandai'd applicable ii) tlie UK aiid RepLiblic of
Ii'elaiid {FRS 102) and Ilie Coii)panies Act 2006.
Basis of pi'epai'ation
Ballyiiieiia Ai'ea Cl)ildi'eii's Contact Ceiiti'e iiieels Ilie definitioii of a piiblic beiiefit eiitity uiidei. FRS 102. Assets
ai)d liabilities al'e iiiilially I'eco(Tiiised at liistorical cost 01- ti'aiisaclioii value uiiless otlicrwise slated in Ilie
I'elevaiit accoui)tiiits policy notes.
Goiiig coneei'i)
Tlie Ii'liglees considei. that tliei'e al'e 110 IMatei'ial iiiicei1aiiilies abolit Ilie cliarity's ability to conliniie as a goiiig
coiicei'ii iioi. aiiy si(Niiificaiit ai'eas of iii)cei'laiiity tliat affect the cai'i'yiiiLT value of assets l)eld by Ilie cliai'ity.
Exeiiii)tioi) fi'oiii pi'epai'iiig a casli floiv stateiiieiit
Tlie cl)arity opted lo eai'ly 3dopl Bulleliii I publisl)ed 011 2 Februaiy 2016 aiid Iiave Il)ei'efoi'e iiol ii)cluded a casli
floiv slalei))ei)l iii tliese fii)ancial slalei))eiils.
Ii)coTiie aiid endoivi))eiits
All iiicoiiie is I'ecogiiised once Ilie cli(I1'lty lias eiilitleineiil lo Il)e iiicoiiie: it is pi'obable Iliat Ilie iiicoiiie will be
received aiid tlie ainoiint of tl)e incoine I'eceivable cai) be iiieasLlI'ed reliably.
Doiiulioii.i ciiiil legiicFes
Doiialioiis al'e I'ecog71)ised ¥vlieii Ilie cliai'ity lias beeii Iiolified iii wi'iliiig of both Ilie aiiiouiit l< nd settleiiieiil date.
li) Il)e eiieiit tl)al a doi)alioii is Slibjecl lo coiidilioiis tl)al I'eqliire a level of pei-forinai)ce by tlie cliai'ily befoi'e Ilie
cl)arity is eiititled to Il)e fiiiids, tlie iiicoiiie is deferi-ed aiid iiol recogiiised iiiitil eiil)er tliose coiidilioi)s al'e fLIIIy
ii)el, oi. Ilie fiilfiln)ei)t of tl)ose coiiditlolls 15 wl)olly wiiliiii tlie conli'ol of tlie cliarily aiid it is pi'obable Iliat tliese
coiiditions will be fiiifilled in tlie I'epoi'liiig i)ei'iod.
lii}yeslpiieiil iiicuiiie
Divideiids al'e I'ecogiiised oiice tlie divideiid lias beei) declai'ed ai)d iiotilicalioi) l)as beeii I'eceived of tlie divideiid
due.
Paue 10

Ballymena Area Cliildi'en's Coijtact Centi"e
Notes to the Fiiiancial Statemeiits foi" the Year Ei nded 31 March 2023
Eipeiidilu re
All exi)enditLlI'e is I'ecooiiised once Iliei'e is a legal 01- coiisti'uctive obligation to that e.xpendiliii.e, il is pi'obdble
seltleiiieiit is I'eqiiii-ed aiid Ilie aiiioiiiit cai) be measiii'ed I'eliably. All costs air allocated to Ilie applicable
expeiidiliii'e lieadino
Ilial aggregate siinilai. costs to iliat cate(Noi'y. IVI)ei'e costs caiiiiol be (lii'ecily atti'ibiited to
parlicLilai' l)eadiiigs tliey liave beeii alloc1< ted oil a basis coiisisteiit will) Ilie iise of i-esoui'ccs, will) cei)Ii'al staff
costs allocated on Ilie basis of lin)e speiit, aiid depi-ecialioi) cliarges allocated on tlie poitioii of tl)e asset's iise.
Otlier 5LlPPOI't costs are allocated based oii tlie spi'ead of staff costs.
Cliui'iliible (Iclivilie.s
Cliai'itable e%pei)dilui'e coiiipi'ises Il)ose costs incui'i'ed by the chai'ily in Ilie delivei'y of ils activities ai)d seivices
foi. its bei)eficiai'ies. It iiicludes boili eosls that can be al located dii'ecily to sucl) activities aiid tliose eosls of ali
indii'eel nalui'e necessaiy to siippoi't Iliein.
Goveriixnce eosls
These ii)cliide Ilie costs attributable lo Ilie cliai'ity's coiiipliaiice witli eoiistilLltioiial aiid slallilory I'equii'ei)ienls,
iiicludii)g alidit, sli'aleiyic iiiaiiagei)ieiil and Ii'ustees's Ineetii)gs and reiiiibLlI'sed exi)enses.
TA Y2tioii
Tlie cliai'ity is considei'ed to pass Ilie lesls sel oiit in Pai'aurapli I Scliedule 6 of Il)e Finance Act 2010 aiid
Iliei'efoi'e it i)ieels Il)e defiiiilioi) Of a cliai'ilable coiiipaiiy foi. UK coi'poi'atioii lax pui'poses. Accoi'dii)gly. the
cliai'ity is poteiitially e.xeimpt fioiii taxation in I'espect of incoiiie oi. capital gains I'eceived wiiliii) categoi'ies
covei'ed by Cliaplei. 3 Parl I l of tlie Coi'poi'alioii Tax Act 2010 oi. Section 256 of the Taxalioii of Cliai'ueable
Gaiiis Act 1992, to tlie exleiit Iliat siicli incoiiie oi. gaii)s are applied excliisively lo cl)ai'ilable piirposes.
Ci¢ sh aiid casli equivAleiits
Cas1) aiid casl) eqiiivaleiils coiiii)I'ise casli oli Iiaiid aiid call deposit5, and otl)er slioi't-tei'iii l)jolily liquid
iiivesliiiei)Is Ilial are I'eadily coi)vei'lible lo a kiiowi) aiiioiinl of casli aiid al'e subject lo ali ii)sigiiificaiil I'islc of
cliai)ue iii value.
Ti'ade ci'editors
Ti'ade ci'editoi's al'e obliuatioiis to pay foi. uoods oi. sei'vice5 Iliat Iiave beeii acquii'ed iii tlie oi'diiiary coiirse of
busiiiess fi'oi)) siippliei's. Accoiii)Is payable al'e classified as cui'reiit liabililies if Ilie cliai'ity does not l)ave ali
Uiicoiidilional I'igl)t, at Ilie eiid of tlie I'epoi'ljiio
pei'iod, lo defer seltleiiici)t of Il)e ci-editoi. toi. Il least twelve
iiioiitlis aftei. Il)e I'epoi'liiio dale. If tliei'e 15 ali ui)coiiditional rigllt to defer setileineiit foi. at least twelve ii)oiitlis
aftei. tlie i-epoi'ling dale, Il)ey at'e pi'esei)led as non-ciii'i'ent liabilities.
Ti-ade ci'editol's <21'e I'ecooiiised iiiitially at tlie Ii'ai)sactioii pi'ice and siibseqlieiitly i)ieasiii'ed at aii)oi'lised cost
Iisiiig the effective iiilerest Ineiliod.

Ballymena Area Cliildi'eii's Contact Centi"e
Notes to the Financial Stateinents foi. tlie Yeai. Ended 31 Marcl) 2023
Boi'J'oiYiiigs
Iiitei'esl_beai-in¢i boi'ioKviiius al'e initially I'ecoi'ded at fair valiie, net of Ii'ansactioi) costs. Iiitei'esl.beai'ing
bori'oivings al'e subseqiienily cai"I'ied at amoilised cost, witl) Ilie diffei'ence betweeii Il)e proceeds, net of
Ii'ai)saclioi) costs, aiid Ilie ai)ioiiiit diie oil redeii)i)tion beiiig recogi)ised as a cli¢ll'ge lo tlie Sialei)iei)l of Fiiiaiicial
Ilclivilies ovei. Il)e pei'iod of Ilie I'elevaiil boi'rowiiig.
Inlei'est expeiise is I'eeooiiised oli Ilie basi5 of il)e effective ii)lei'es1 iiietl)od aiid is ii)cluded iii interest payable
and siiiiilai. cl)arges.
Boi'i-owings al-e classifie(l as ciiri'enl liabilities Liiiless Ilie cliai'ity lias an iincoiiditioi)al I'igl)I lo defei. settleiiient of
Ilie liability foi- at least twelve Inonilis aftei. Ilie I'epoi'tino dale.
uiid sti'uetui'e
Uiii'esti'icted ii)coine fiinds are geiiei'al fuiids tliat are available foi. use at the Ii'ustees's disci'etioi) iii fiiril)erance
of Ilie objeelives of tl)e cliai'ity.
Resli'icted incoiiie fliiids al-e tliose doiiated foi. iise in a pai'licLilar ai'ea or foi- specific piii-poses. tlie iise of whicli
is I'esti'icted to tliat area oi. piirpose.
FiiiA Ticial insti'uiyieiits
cliis3ificiilioii
Financial assets and finaiicial liabilities al'e I'ecogiiised ivl)en Il)e cliai'ily becoi)ies a pai'ty to Ilie conli'actllill
pi-ovisions of Ilie insti'uiiieiit.
Fiiiaiicial liabilities and equity iiisli'iimeiils al'e classified accoi'diiig lo tlie siibstaiice of Il)e coiitractiial
ai'i'angei)iei)Is ei)tei'ed into. Ai) equity iiisli'uineiit is any coiiti'act Il)al evidei)ces a I'esidual iiilei'esl in Ilie assets of
tlie cl)arily aftei. deductin(J all of its liabilities.
Reeogiiilioii Iiiicl iiie(1.siiieiiieii/
All fiiiai)cial assets ai)d liabil ilies are initially iiieasured al ti'ansaelioii price (includinu ti'aiisactioii costs), except
toi- tliose fii)aiieial assets classified as llt fair value Il)rouoli pi'ofit oi. loss, Ivliicli al'e iiiitially iiieasiii'ed at fail.
valiie (Ivliicli is iioi'i)ial ly Ilie ti'aiisaclioii pi'ice eicludiiin ti'aiisaclioii coslsl, uiiless tlie ai'i'aii(Jei)iei)t coiistitiiles a
tiiiaiiciiia Ii'aiisactioii. If an ai'i'angeii)ei)I coiistitiiles a fiiiai)cii)g Ii'ai)saclioii, Ilie fiiiaiicial asset oi. finaiicial
liability Is iiieasiii'ed at Ilie present valLie of tlie fiitiii'e payiiieiils discoiiiiled al a i)iai'ket l'ate of intei'esl foi. a
siiiiilai- debt insli'ui)ienl.
Fiiiaiicial assets aiid liabilities are oiily offset ii) Il)e slaleiiienl of fiiiaiicial positioii wlieii, aiid oiily wliei) Iliei'e
exists a legally eiifoi'ceable riglil to set off tlie I'eeooiiised aiiioiiiils aiid tlie cliai'ity inlei)ds eiiliei. to settle on a
iiet basis, or to realise tlie asset aiid settle Ilie liability siiiiiiliai)eoiisly.
Fiiiai)cial assets al'e derecouiiised wlieii aiid oiily ivlieii a) Il)e coi)ti'acliial I'11slits to Ilie casl) floivs fi'oiii tlie
fii)aiicial assct expii'e 01- 1¢ I'e settled, b} tl)e cl)ai'ily Ii'ansfeis to c211011)ei' pai'ty siibs12£ Iltially all of Ilie I'isks aiid
I'ewai'ds of owi)eisliip of tlie fiiiaiieial asset, oi. c) tlie cl)arity, despite l)1(viiig i-elaii)ed soii)e, but iiol all,
sigiiificaiit I'isks <qiid I'eivai-ds of owi)ei'sliip, l)as Ii'aiisfei'i'ed coiiti'ol of tlie asset lo aiiotliei. paity.
Fiiiaiicial liabilities are dei'ecooiiised 01)ly ivl)eii Ilie oblioatioii specified iii Ilie coiiti'act 15 discl)ai'oed, caiicel led
01. exi)ires.
Page 12

Ballyniena Ai"ea Childi'en's Coiitact Centt'e
Notes to the Financial Stateinejits foi" tlie Yeaj. Ei nded 31 Mai'ch 2023
JiiiJe31iiieiils
Iiivestiments iii noii-coiivei'lible pi'efei'enee sl)ai'es and iioi)-piillable oi'diiiai'y or prefei'eiice sliai'es (where sliai'es
al'e piiblicly 11'2ded oi. Il)eii' fair valiie is I'eliably i))easui'able) al'e i))easiii'ed al fail. value thioLI(Jh pi'ofit oi. loss.
Wliei'e fail. value caiii)ol be n)easiii'ed I'eliably, ii)vesliiieiits al'e n)easui'ed at cost less iiiipaii'iiieiit.
Invesliiieiits iii subsidiai'ies and associalcs al'e Ineasured al cost less inipaii'ii)eiit. Foi. iiiveqti)ieiils li) subsidiai'ies
.Icqiiii'ed foi- coiisidei'l< tioii ii)cliidiiin
tlie issiie of sliares qiialifying for iiiei'aei. i-clief. cost is iiieasiii'ed by
I'efei'eiice lo Ilie iioininal valiie of tlie sliai'es issued pliis fail. value of oiliei. coiisideralion. Aiiy pi'eiiiitlll) is
joiioi'ed.
3 Incoiiie fi'oiii donatiolls lind legacies
Total
2023
Total
2022
Doi)atioiis aiid legacies.
Donalioiis fioiii individlials
1,600
1,600
4 Ineoine fi'om cliqi'itAble activities
Resti'icted
funds
Total
2023
Total
2022
Chai'ilable Activities
37,339
37,339
36,061)
S Iiivestnieiit iiicoiiie
Uiil'estrieted
fuiids
TotAI
2023
Total
2022
Geiiei'al
Intei'est I'eceivable aiid siinilai. iiicoiiie;
Iiitei'est I'eceivable oli baiik deposits
101
101
6 Exi)ei)diture oli chai'ilable aetivities
Resti'ieted
fuiids
Total
2023
TolAI
2022
Note
Cliai'ilable Activities
Staff costs
Goveriiai)ce costs
6,049
27,150
6,049
27,150
23,754
707
34,350
-32,186
£Nil (202? _ £Nill of tlie above expei)ditui'e ivas alli'iblltable to Lllll'esli'icted fuiids aiid £33,436 {2022 £32.015)
lo resli-icled fliiids.

Ballyinena Ai"ea Chilcli'en's Contact Ceiiti'e
Notes to tl)e f4 j1)ai)cial Statemeiits fot. the Yeai. Endecl 31 March 2023
Iii additioii lo Il)e expeiiditui'e a111¢ lysed above, Il)ei'e al'e also govei'iiaiice costs of £914 (?02? £1,030) wliicli
I'el<lle dii'ectly to cli£ll'ilable activities. See note 7 foi. fLlI'ilicr details.
7 Aiialysis of trovei-iiaiice A Tid suiipoi't costs
Govei'iiance eosts
Resti'icteil
fiin(Is
TotAI
2023
Tot81
2022
Oiliei. uovei'naiice costs
707
707
8 Staff costs
Tl)e auoi'e(Fate payi'ol I costs were as follows:
2023
2022
Staff eosls du7'ili(y the yeai. Ivei'e:
Wages and salai'ies
Social secui-ity eosls
Pei)sioii costs
Oiliei. staff costs
?4,611
991
793
755
21,308
28
27,150
No eiiiployee received eiiioliiinei)ts of Inoi-e tliai) £60,000 duriiig Ilie yeai..
Page 14

Ballynieiia Area Childj'en's Contact Centre
Notes to the Fiiiancial Statements foi. the YeaR' Ended 31 Mai'ch 2023
9 Taxation
Tl)e cliai'ily Is a I'egislci'cd el)arity and is tliei'efoi'e e.Yeiiipl fi'oin la.xalion.
l O C I'editoi-s: Aiiioui)Is falling Ilue ivitliin oiie yeai.
2023
2022
Ti'ade ei'cditors
Oiliei. lax81ioii ai)d social secui'ity
Otliei- ci'editors
984
381
129
924
67
429
62
420
Acei'iials
2,418
978
I I PeiisioII Aiid otliei. scliemes
Defiiied conti'ibutioii i)eiisioii sclieiiie
Tl)e cliarity opei'ates a defii)ed eonli'ibiitioi) peiisioii sclieiiie. The peiisioi) Cost cliai'ge foi. tl)e yeai. repi'eseiils
coiitribulions payable by tlie chai'ity lo tl)e scl)eiiie and ainollllted to £793 (2022 - £?81).
12 Fuiids
BalAiice at I
Api'il 2022
ITieoiiiing
I'esoui'ees
Resoui-ees
expended
Ba149iice 1¢ t 31
rtrliL I'ch 2023
Uiii'esti'icted fuiids
Geiiei'al
(43,201)
(101)
{43,J02)
Resli'icled fiiiids
(4.166)
(37,339)
{7,I55)
Total fiiiids
{47,367)
(37,440)
{50,457)
BAlaiice at I
Api'il 2021
Resoui'ees
expeiiiled
B14 lance 8t31
,IAI'clI 2022
I'esoui'ces
Uiii'esti'ieteil fuii(Is
Gei)ei'al
(41,59))
{1,608)
14J ?01)
Resti'icted fiiiids
{2861
{36,066)
32,186
14.1661
Total fuiids
141,8791
{37,6741
32,186
(47,367)
Page 15

Ballymena ArLa Childi"eii's Contact Ceiiti"e
Notes to the f4 inancial Statei)ieiits for tlie Yeai. El nded 31 Marcl) 2023
13 A T)Alysis of iiet assets betiveeii fuiids
Iliii'estricted
fuiids
Resti'icted
fun(Is
Geiiei'al
TotAI funcls
Ciii'i'eiil assets
45,721
(2,418)
7,155
52,876
(2,4181
Total nel assets
7,155
50,458
14 AD4ilysis of iiet fiinds
At 31 fvIArcli
2023
At l Api'il 2022
Casli floiv
Casli at bank and in liand
48,345
4.531
52,876
Net debi
48,345
4,531
52,876
Page 16