Charity Registration No. 102582 Company Registration No. N1031325 (Northern Ireland) LARNE COMMUNITY CARE CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
LARNE COMMUNITY CARE CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Directors & Trustees Miss Emma Brown Miss Stephanie Moore Mrs Elizabeth Robinson Ms Jacqueline Lyons Ms Lynsey Poole Ms Claire Dorris Ms Christine Irwin (Appointed 27 October 2023) {Appointed 27 October 2023) Secretary Miss Emma Brown Charity number 102582 Company number N1031325 Registered oiTi¢e 1-5 Doric Way Lame Antrim BT40 2BH Independent examiner Falconer Stewart 248 Upper Newtownards Road Belfast BT4 3EU Bankers Ulster Bank Limited 9 Upper Cross Street Lame Co Antrim Northem Ireland BT40 1 SZ
LARNE COMMUNITY CARE CENTRE CONTENTS Page Trustee's report Independent examiner's report Statement of financial activities Balan sheet Notes to the financial statements 6-13
LARNE COMMUNITY CARE CENTRE TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The Directors & Trustees present their report and financial statements for the year ended 31 March 2023. The accounts have been prepared in accordance wilh the accounting policies set out in note 1 to accounts and comply with the charity's goveming document, the Companies Act 2006 and the Statement of Recommended Practice, "Accounting and Reporting by Charities". Objectives and activities The objects are to provide facilities in the interest of social welfare for the advancement of education, the perseNation of health and recreation or other leisure time activities within the object of improving Ihe quality of life of people in the Lame area without distinction of age, sex, race, political or religious opinDn and to provide and secure the provision of welfare rights and advise and refer those in need of assistance to the relevant agencies. The Directors & Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The charity's policy is to consult and discuss with employees, through unions, staff councils and al meetings, matters likely to affect employees, interests. Information on matters of concern to employees is given through infomiation bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the group's performance. Applications for employment by disabled persons are always fijlly considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the charity continues and that the appropriate training is arranged. It is the policy of the charity that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees. Achievements and perfonnance The charity has continued to ensure that facilities and provisions are provided lo the community to enable its objects to be fulfilled. Financial review The accounts have been prepared for the year ended 31 March 2023. The Trustees are satisfied with the results for the year. It is the policy of the charity that unrestricted funds which have not been designated for a speclC use should be maintained at a level equivalent to between one and Iwo months expenditure. The Directors & Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they wli I be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The Directors & Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Structure. governance and management The charity is a company limited by guarantee and was incorporated on 17 September 1996 . The Trustees, who are also the directors for the purFK)se of cA)mpany law, and who served during the year and up to the date of signature of the financial statements were= Miss Emma Brown Mrs Jean Kelly Miss Stephanie Moore Mrs Elizabeth Robinson Ms Jacqueline Lyons (Resigned 17 April 2023)
LARNE COMMUNITY CARE CENTRE TRUSTEE'S REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 Mrs Lyndsey Robinson Ms Lynsey Poole Ms Claire Dorris Ms Christine Irwin (Resigned 1 November 2023) (Appointed 27 October 2023) (Appointed 27 October 2023) The company actively promotes a board of trustees which includes a range of skill. experience and knowledge in keeping with the pursuance of its Objects, and to this end it is entitled to advertise and interview eligible candidates to be potential trustees of the board. None of the Directors & Trustees have any beneficial interest in the company. All of the Directors & Trustees are members of the company and guarantee to contribute £1 in the event of a winding up. New trustees are invited and encouraged lo attend a series of short training sessions to familiarise themselves with the charity and the context within which it operates. Employee involvement Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concemed. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the charity continues and that the appropriate training is arranged. It is the policy of the charily that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees. The Trustee's report was approved by the Board of Directors & Trustees. Miss Emma Brown Trustee Dated: 4 January 2024
LARNE COMMUNITY CARE CENTRE INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS & TRUSTEES OF LARNE COMMUNITY CARE CENTRE I report on the financial statements of the charity for the year ended 31 March 2023. which are set out on pages 4 to 13. Respective responsibilities of Directors & Trustees and examiner The Trustees, who are also the directors of Lame Community Care Centre, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law. and it is eligible for independent examination, it is my responsibility to.. examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northem Ireland under section 65(91(b) of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(91{b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of he accounts presented with those records. It also included Considerati of any unusual items or disclosures in the accounts, and seeking exp13n3lions from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention to giving me cause to believe.. the accounting records were not kept in accordan with section 386 of the Companies Act 2006 that the accounts do not accord with those accounting records that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland that these is further information needed for a proper understanding of the accounts to be reached. Independenl examiner's statement In connection with my examination, no matter has come to my attention: {a} which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006., and (li) to prepare financial statements which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practi. Accounting and Reporting by Charities; have not been met or {b} to which, in my opinion, attention should be drawn in order to enable a proper understanding of tF accounts to be reached. Since your charity's gross income exceeded £250.000 your examiner musl be a member of a listed body. I confimi that l am qualified to undertake the examination because l am a registered member of Chartered AGGountants Ireland which is one of the listed bodies. Michael J Crooks (FCA) Falconer Stewart Chartered Accountants 248 Upper Newtownards Road Belfast BT4 3EU Dated: 4 January 2024
LARNE COMMUNITY CARE CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Restricted funds funds 2023 2023 Total Total 2023 2022 Notes Donations and legacies Other trading activities Job Retention Scheme 104,408 67.025 196,964 301,372 67,025 359,827 81,793 2,730 Total income 171,433 196,964 368,397 444,350 enditure on: Charitable activities 203,838 160,662 364,500 352,176 Material other expenditu 21.567 17,960 39,527 37,935 Total resources expended 225.405 178,622 404,027 390,111 Net {expenditure)lincome for the yearl Net movement in funds (53.972) 18,342 (35,630) 54,239 Fund balan5 at 1 April 2022 121,482 69,356 190,838 136,599 Fund balances at 31 March 2023 67.510 87,698 155,208 190,838 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The ststement of financial activities also complies )Mth the requirements for an income and expenditure account under the Companies Act 2006.
LARNE COMMUNITY CARE CENTRE BALANCE SHEET AS AT31 MARCH 2023 2023 2022 Notes Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 10 318.061 316,748 11 17,446 137,562 20,604 174,832 155.008 195,436 Creditors: amounts falling due within one year 12 (25,694) {29,179} Net current assets 129,314 166,257 Total assets less current Ilabilities 447.375 483,005 Creditors: amounts falling due after more than one year 13 (292,167) 1292,167) Net assets 155.208 190,838 Income funds Restricted funds Unrestricted funds 87.698 67.510 69,356 121,482 155.208 190,838 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. No member of the MpanY has deposited a notice, pursuant to section 476, requiring an audit of these financial statements. The Directors & Trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure. for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the DireGtors & Trustees on 4 January 2024 Miss Emma Brown Trustee Company Registration No. N1031325
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies Charity information Larne Community Care Centre is a Northem Ireland Registered Charity (Charity No. 102582). Its regional office is Larne Community Care Centre. 1-5 Doric Way. Larne. BT40 2BH. Northem Ireland. 1.1 Accounting convention The financial statements have been prepared in accordan with the charity's [goveming documentl, the Companies Act 2006 and '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)" (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in steding, which is the functional currency of the charity- Monetary amounts in these financial statements are rounded to the nearest £. The financial slatements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and lo include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concem At the time of approving the financial statements, the Directors & Tnjstees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Directors & Trustees continue to adopt the going concèm basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Directors & Trustees in furtherare of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. The purtx)ses and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capitsl must be maintsined by the charity. 1.4 Incoming resources Income is recognised when the charity is legally entitled to it after any perfomiance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless perfomiance conditions require deferral of the amount. Income tax recoverable in relation to donations reiVed under GiftAid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and reIpt is expected. If the amount is not known, the legacy is treated as a contingent asset. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and serViS provided in the nomial course of business, net of discounls, VAT and other sales related taxes.
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies (Continued) 1.5 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases= Land and buildings Fixtures, fittings & equipment Oyo per annum 33.3Yo per annum straight line The gain or loss arising on the disposal of an asset is detem)ined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in net incomel(expenditure) for the year. 1.6 Impaimient of fixed assets At each reporting end date, the charity reviews the carying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indution exists, the recoverable amount of the asset is eslimated in order to determine the extent of the impairment loss Irf any). Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment annually, and whenever there is an indication that the asset may be impaired. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balan sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when Ihere is a legally enforceable right to set off the recognised amounls and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at Iransaction pri including Iransaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as re1vable within one year are not amortised.
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade Greditors are obligations to pay for goods or ServIS that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or canlled. 1.9 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide tem)ination benefits. Crltlcal accountlng estlmates and Judgements In the application of the charity's accounting policies, the Directors & Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Donations and legacies Unrestricted Restricted funds funds Total 2023 Total 2022 Donations and legacies 104,408 196,964 301,372 359,827 104,408 196,964 301,372 For the year ended 31 MarGh 2022 145,243 214,584 359,827 Donations and legacies Unrestricted funds Funding Donations NIHEHB 11,786 85,279 7,343 11,786 85,279 7,343 25,117 111,579 8,547 104,408 104,408 145,243 Restricted funds Early Years Fund Supporting People BBC CIN Eductaion Authority Britestart MEAP Big Lottery MEA Council Homeless Prevention Domiant Funds Other 29,999 25,854 22,980 2,200 7,431 21,074 8,005 1,251 15,929 26,644 35,597 29,999 25,854 22,980 2,200 7,431 21,074 8,005 1,251 15,929 26,644 35,597 29,999 24,728 22,980 1,400 7,267 18,830 24,016 5,705 15,954 48,103 15,602 196,964 196,964 214,584 Other trading activities Unrestricted funds Total 2023 2022 Trading activity income: other 67,025 81,793
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Other Income Unrestricted funds Total 2023 2022 Job Retention Scheme 2,730 10-
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Charitable activities 2023 2022 Staff costs Depreciation and impaimient Other direct expenditure 274,859 6,771 261,672 6,318 82,870 84,186 364,500 352,176 364,500 352,176 Other direct expenditure Office expenses Training Travel expenses Activities and outings Heat and light Insurance Rates Volunteer payments Subscriptions Employer pension Fundraising expenses 572 9,107 8,689 40,464 8,424 6,203 1,649 2,891 853 3,785 233 1,842 6,539 14,588 40,303 5,385 5,389 1,500 2.532 849 3,785 1,474 82,870 84,186 Material other expenditure Bank fees Phone and internet Postage and stationery Accountancy Repairs and maintenance Other expenses Legal and professional Promotional costs Sundry expenses 2,516 6,778 3.110 1,800 10,647 931 2,027 6,280 4,088 1,800 15,026 2,179 617 5,002 916 12,717 1,028 39,527 37,935 11
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Net movement in funds 2023 2022 Net movement in funds is stated after chargingl{crediting) Depreciation of owned tangible fixed assets 6,771 6,318 Directors & Trustees None of the Directors & Truslees (or any persons connected with them) received any remuneration or benefits from the charity during the year. Employees Number of employees 2023 Number 2022 Number 20 22 Employment costs 2023 2022 Wages and salaries 274,859 261,672 10 Tangible fixed assets Land and buildings Flxture$, rIng5 & equipment Totsl Cost At 1 April 2022 Additions 307,109 46,356 8,084 353,465 8,084 At 31 March 2023 307,109 54,440 361,549 Depreciation and impairment At 1 April 2022 Depreciation charged in the year 36,717 6,771 36,717 6,771 At 31 March 2023 43,488 43,488 Carrying amount At 31 March 2023 307,109 10,952 318,061 At 31 March 2022 307,109 9,639 316,748 12-
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 11 Debtors 2023 2022 Amounts falling due within one year: Trade debtors 17,446 20,604 12 Creditors: amounts falling due within one year 2023 2022 Notes Bank overdrafts Other taxation and social security Trade creditors Accruals and deferred income 2,060 2,716 2,318 18,600 5,341 2,562 4,476 16,800 25,694 29,179 13 Creditors: amounts falling due after more than one year 2023 2022 Notes Government grants 292,167 292,167 14 Analysis of net assets between funds Unrestricted Restricted funds funds Total Fund balances at 31 March 2023 are represented by: Tangible assets Current assetsllliabilities) Non-current assetsl(liabilities) 310,342 49,335 (292,167) 7,719 79,979 318,061 129,314 1292,1671 67,510 87,698 155,208 13-