Orange Community Network Company Limited by Guarantee Unaudited Financial Statements 30 April 2020 Cofflpafty Regtstration Number: Nlll54627 Charity Registration Number= 102478 .)￿lY9mT• 12101rd021 COMPANIES HOUSE JNI Orange Community Network Financial Statemenls for ihe year ended 30 April 2020 Contents Page (s) Company infomation Trust¢es' rey)rt (incorporaiinE the director's report) Independent examiner's report io ihe trustees Starement of financial aciivilies (including income and expelkliture account) Siatement of financial position Not¢s to the financial statements Orange Cornmunity Network Financial Statements for the year ended 30 April 2020 Page I Company information Charity Name: Orange Communlty Network Company RegistratiOD Nymbtr. N1054627 Nl Charity CommissioTh Registration Number: NIC102478 Registered offjce and business gddros: i68 Cregagh Road Belf&si BT6 9EY Directors Mrs M E Lunney Mr W Thompson Company secretary: Mr W Thompson Trustees Mrs M E Lunney Mr W Thompson Mr V H¢ndron Mr M Mccormick Mr S Brooker Mr K Gibson Mrcsco Independent examiner: Alan Rou15ton ACA OranRe Community Network Financial Statements for the year ended 30 April 2020 Page 2 Trustees, Annual Report (Intorporating the Direelor's Report) The trustees, who are also directots for the purposes of company law. present their report and the unaudited financial siatements of the charity for the year ended 30 April 2020. Stryctureg governanee #Md ma*agemen¢ The charity is ¢stablished &8 a compnky limited by guaTantee. The board of directors work closely with a management committee. all of whom are volunteers Wlth experience in the community development sector. Objects and activities The primary aim of the Orange Community Netsvork is to ￿ldresS the legacy of the Troubles, within the Protestsnt community in Northern Ireland. We aim to build capacity and confLdetw2 wirhin the Prolesiant comtnunity which is widely acknowledged as believing itself to hav¢ been marginalised &s a consequence ot the Troubles.. OCN'5 eotnmilwllent to challenging attitudes towards sectarianism and encouraging groups from within the Protegtani community iowards reconciliation through an understanding of their identity and expereience and equipping them with th¢ ability to engage with the wider wmmunity. Achievements And performanee Th¢ charity did not trade in the period under review &% the I￿1 grani funding ceased in Ociober 2016. The trustees are keeping the company open with the view to seeking further Sjnding opportunities in the future. FiAaneial review The financial statements show a breakeven situation with a small amouni of resources available. Plans for fu¢wr¢ p¢riod$ As mentioned the last fvnding project from the Big Lottery Fund cea8ed in October 2016 and to date no further funding has been secured. The charity Irustee's will explore any fut¥Jing opportunites as and when they present themselve5. Events *fter the end of rtptsrting period Ther have been no subsequent events bett¥e¢n the balance she¢t date and the datr of ihese financial statements. The trustees, annual report were approved on 6 January 2021 and 5ign¢d on behalf of the board of trustees by.. Mrs M E Lunney (Trustee) Orange Cornmunity Network Flnanoal Statementsfortht year ended 30 Awl 2020 Page J Independent Examiner's Report to the Trustees of Orange Community Network I report to ¢he trumees on my examination of the financial 5￿trnt￿ts of Orange Cornmunity Network Cthe thatily) for the year endat 30 April 2020. Re5pon5ibiliti¢s and basis of report As the irustees of the company (and also its direrthTS for the purrKJse50f oNnpany law) you are reS￿nSIble for the pr¢paration of the fifftanci31 ststements in accordance with the requirements of Charitie5 Act (Nonhern Ireland) 2(KTr8 {the '2008 ACVI and the Companies ACL 2(X)6 fihe 2(K16 Act.). You are satisfied that ihc ac£ounts of the company are not rquired by charity or company law io be #udita and have thow) tnslead to have an Indep￿dent examination. Having satisfi¢d tnyself that the aceounis ofihe company are not required to be audit￿ under Part 16 of the 2(￿6 Act and are eligible for indepcndenl &¥aTnination, I re￿Irt in respect of my eXaMin￿10n of the charity5 finaneial statem￿ts as Ca￿led out under sectton 65 of ihe 2￿)8 Act. In carying oul my examinaiion I have follow￿ th¢ g¢rtual ditettions given by the Charity Cornmission for Northem Ir¢land undtr seuion 65(9Mb) of the 2008 Aa. Indtp¢thdeot examiTrer'5 StalerneTrt I have completed my examination. I confimi that Th) mattus havt come to my attcntion in conneciron wilh my ¢xaminaLi(pn giving me cause 10 believe ihai in any material respe¢t= l. accouniing rwrds wett not kept in resr*a of the ctharity as requiretl by 5euion 386 of ihe 2(X)6 At4 or 2. Ihe financial stat¢mcntS (*) not accord with ihose rteord& or 3. Ihe fin3rt¢ial #atements do tx)i comply with the accounting requircmcnts of ￿lon 396tsf ihe 2(K)6 A¢t other ihan any rtquirement ihat the accounts give a'true and faie view whith is rtot a matter cortsidered as part of an independent &¥amination- or 4. the financial $￿emen￿ have not Ixen prepared in accordance with the methods aThd principles ofthe Ststemenl of Recornmendtd Practite for accouniin8 and rewrting by charities PTq)aTing their accounts irb a¢¢ordan¢e with th¢ Financial Rcporting Starthrd awlicable in the UK and RepublÈc of Ireland (FRS 102). I confirm thai there are no other mattcts to whtth your allethii￿ should ￿ thxwn 10 ￿&ble a prow understanding of the accoLLnis to be reached. Alan Roulston ACA Orange Community Network F•nancial StaterDents for the year ended 30 April 2020 Page 4 Statement of Financial Activities (including income and expenditure account) Noie Unrestritied Resirititd funds Total 2020 Total 2019 Incoming resources Donations and legacies Total ineoming resources 30 Resour¢es expended Direct charitable expenditure Governance costs Total resources expended Net movement in funds 30 Reconciliation of movement i Cunds Fund balan¢es ai l May 2019 Net movement in funds for ihe year 2.693 2693 2.663 30 Fund balances at 30 April 2020 2.693 2.693 1693 The statement of financial acrivities includes all gains and losses recognised in the year. All amounis above relaie io the continuin8 OFtraiions of ihe company. Orange Community Network {NIO546271 Financial Statèments for the year ended 30 April 2020 Page 5 Statement of Finanei21 Position (Balance sheet) Ntstes 2020 2019 Current assels Cash ￿ bank and in hand: 2,693 2,693 CreditOTS: amounts falling due within one year Net current assets 2.693 2,693 Net assets 2,693 2,693 Funds employed Restricted funds Unresiri¢ted funds 2.693 2.693 2.693 2,693 For the year ending 30 April 2020 th¢ ¢harity was entitled to exemption from audil under seciion 477 of the Companies Aci 2006 relating to small Companies. Directors. responsibilities.. The members have not reqLrired the company to obtsin an audit of its financial statements for the year in question in accordance wilh seciion 476. The directors acknowledge their responsibililies for complying with the requirements of the Act with respect to accouniing records and the preperntion of financial staiements. These financial ststements have been prepared in accKJrdance with the provisions applicable to companies subject to the small companies. regime. The financial staternents were approved by the board of trust¢es on 6 January 2021 and signed on its behalf by.. Mrs M E Lunney Trustee Registration number N1054627 Orange Community Network Financial Statements for the year ended 30 April 2020 Page 6 Notes to the accounts Aceounting policies Basis ofdccomnling The ac¢ounts have been prepared under the historical cost convenlion and in accordance wiih "The Financial Reporting Standard applicable in the UK and Republic of Ireland- FRS 102. the Accouniing and R¢tK>rting by Charities= Statement of Recommended Praclice appIl￿b]e to ¢harili¢s accounts in the UK and Republic of Ireland (FRS 102). Ihe Companies Act 2006 and the Charities Act (Northem Ireland) 2008. Income All incoming resources ar¢ recognised in the Stst¢m¢nt olFinancial Activitie5 when the conditions or receipt have been met and there is re&sonable assurance of receipt. When an incoming resource relating to a future ac¢ouniing period is received. Ihe amount is treaied as deferred in¢ome and it ts included within creditors in ihe balance sheel. Furtds Orange Communiry Network has various rypes of funds for which it is responsible and which require separate disclosure. These are as follows: restricted income funds= income which is earniarked by the donor for specific purposes. Such purposes are within the overall aims of the organLsaiion' and unrestricted funds." funds which are expendable at the discretion of ihe management board in furtherance of th¢ obj¢¢ts of the organisation. In Èddition to expendilure on ¢ducation or services, such funds Tnay be held in order to finan¢e ¢apiial investment and working capital. Costs Management and administration costs relate to the costs of running the organisation such as the costs of meefing5 and accouniancy and include any costs which Gqnnot be specifically identified to another expenditure classification. Depreeialion Depreciation is calcul*ed to write off the original cost less the estimaied residual value of ihe fixed assets on a Siraighi line basis over ih¢ir expected usetul lives. Is follows.. Fixtures and fittings 20 Orange Community Network Financial Statements for the year ended 30 April 2020 Page 7 Notes to the accounts (cont'd) Income from Donations and Legacie5 Unrtstritted Restricted Totall Total funds funds 2020 2019 Incoming resources Fundraising Donations 30 Total incoming resources 30 Remuneration Total remuneration paid to lh¢ board members during ihe year w&8 £0 (2019 £0). Expenses paid to board members during the year amounted to £0 (2019 £0). There were no other related party Iransact50ns in the year. Fixed assets Fixi￿reS & ritiin%s T&t*l Cost At l May2019 Additions Disposals At 30 April 2020 3,077 3.077 3,077 3,077 Accumulated d¢preciatio At l May2019 Charge for the year Disposals At 30 April 2020 3.077 3.077 3.077 3.077 Net book value At 30 April 2021) At 30 April 2019 Ornnge Community Network Financial Statements for the year ended 30 April 2020 Page 8 Notes to the accounts (cont'd) Limited by guarantee Every member of the company undertakes to contribute lo the &￿t5 of the company in the event of its being wound up while helshe is a ffl¢mbeT or within on¢ year aft¢r helshe C￿eS to be a member. for the payment of the debts and liabilities of the company contracied before helshe cease5 to be a member arKI of the cost. charges ex￿￿$¢5 of winding up and for ihe adjustmenl of the rights of the contributories amongsi themselves. such amount as may be required not exceeding £1 O. StatTCosts The total staff costs and employee Etenefits for the year are as follows.. 2f120 2019 Wages and solaries The average head count of employees during the year w&$ Nil {2019= 0). The average number of full-time equivaleni employees during the year is analysed as follows 2020 2019 No. Number of adminisirative staff (part time stsff) Number of communily development Slaff (full time staff) No ¢mployee r¢ceiv¢d k¢nefits of more than £60.(￿j during th¢ year (2019..Nil). Creditors: amouDts falling due within one year 2020 2019 Accruals and deferred income Contingencies Orange Communily Network relied 501ely on grani funding from the Big Lottery Fund. Conlained within the Letter of Offer was a clause that if (￿N do noi adhere to the iernis of the granl. then the monies advanced could be recovered by the Big Lottery Fund. The directors confirni that they are not aware of any condition5 whi¢h would result in grant funding being recovered. Orange Community Network Financlal Staternents for the year ended 30 April 2020 Page 9 Notes to the accounts (cont'd) Post balance sheet events No subsequent events between the balance She￿ dale and the date of these finartcial statements. io. Related parties No transactions are required to be disclosed under FRS102 (section 33).