Charity Registration No. 102582 Company Reglstration No. N1031325 (Northern Ireland) LARNE COMMUNITY CARE CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
LARNE COMMUNITY CARE CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Directors & Trustees Miss Emma Brown Mrs Elizabeth Robinson Ms Jacqueline Lyons Ms Claire Dorris Mr Callum Mccartney (Appointed 27 October 2023) {Appointed 13 August 20241 Secretary Miss Emma Brown Charity number 102582 Company number N1031325 Reglstered office 1-5 Doric Way Lame Antrim BT40 2BH Independent examlner Falconer Stewart 248 Upper Newtownards Road Belfast BT4 3EU Bankers Ulster Bank Carrickfergus Branch 37 High Street Carrickfergus BT38 7AN
LARNE COMMUNITY CARE CENTRE CONTENTS Page Trustee's report Independent examinevs report Statemenl of financial activities Balance sheet Notes to the finan3[ stalemenls 6-12
LARNE COMMUNITY CARE CENTRE TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Directors & Trustees present their report and financial statements for the year ended 31 March 2024. The accounts have been ppared in accordance with the accounting policies sel out in note 1 to the accounts and comply with the charity's governing document. the Companies Act 2006 and the Slatemenl of Recommended Praclice. "Accounling and Reporting by Charities" Objective5 and actlvities The objects are lo provide facilities in the interest of social welfare for the advancement of education, the perservalion of health and recreation or other leisure time aclivilies wilhin the object of improving the quality of life of people in the Larne area without distinction of age. sex, race, political or religious opinion 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 & Tnjslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The charity's policy is lo consult and discuss with employees, through unions, staff councils and at meetings, matters likely to affect employees, interests. Information on matters of concern lo employees is given through information bullelin5 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 afways fvlly considered, bearing in mind the apliludes of the applicant concerned. In the evenl of members of staff becoming disabled. every effort is made lo ensure that their employment within the charity continues and that the appropriate training 15 arranged. 11 is the policy of the charity that the training, career development and promotion of disabled persons should, as far as possible, be identical lo that of other ernployees. Achievements and performance The charity has continued lo ensure Ihat facilities and provisions are provided lo the communty to enable its objects lo be fulfilled. Financial revlew The accoun15 have been prepared for the year ended 31 March 2024. 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 specffic use should be maintained al a level equivalent to between one and two months expenditure. The Directors & Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they wll be able to continue the charity's current activities while consideralion is given lo ways in which additional funds may be raised. This 1g.vp_l of reserves has beon maintained throughout the year. The Directors & Trustees have assessed the major risks to which the charity is exposed, and are salisfied that systems are in place lo mitigate exposure to Ihe major Tisks. 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 purpose of company law, and who served during Ihe year and up to the date of signature of the financial stalement5 were= Miss Emma Brown Mrs Jean Kelly Miss Stephanie Moore Mrs Elizabeth Robinson Ms Jacqueline Lyons (Resigned 17 April 20231 (Resigned 2 August 20241
LARNE COMMUNITY CARE CENTRE TRUSTEE'S REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Mrs Lyndsey Robinson Ms Lynsey Poole Ms Claire Dorris M5 Christine Irwin Mr Callum Mccartney (Resigned 1 November 2023) (Resigned 8 February 20241 (Appointed 27 October 20231 (Appointed 27 October 2023 and signed l March 20241 (Appointed 13 August 2024) 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 il is enlilled to advertise and interview eligible candidates lo be potential truslee5 of the board. None of Ihe Directors & Trustees have any beneficial interest in the company. All of ihe Directors & Trustees are members of the cornpany and guarantee to contribute £1 in the event of a winding up. New trustees are invited and encouraged to 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 aiways fully considered, bearing in mind the aplilude5 of the applicant concemed. In the event of members of staff becoming disabled. every effort 15 made lo ensure thal their employment within the charity continues and Ihal the appropriate Iraining is arranged. 11 is Ihe policy of the charity that the training. career development and promotion of disabled persons should, a5 far a5 possible, be identical lo that of other employees. The Trustee'5 report was approved by the Board of D1clOr5 & Trustees. Miss Emma Brown Trustee Dated. 3 January 2025
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 2024. which are sel out on pages 4 10 12. Respective responsibilities of Directors & Trustees and examiner The Trustees, who are also the directors of Larne Community Care Centre, are responsible for the preparation ol the accounts in accordance with the requiremenls of Ihe Companies Act 2006. Having satisfied myself Ihal the charity is not subject to audit under company law. and it is eligible for independent examination, it is my responsibility to: examine the account5 under section 65 of the Charities Acl follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9){b} of the Charities Act stale whether particular matter5 have come to my attention. Basls of independent examiner's report I have examined your charity accounls 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(9llb} 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. 11 also included consideration of any unusual items or disclosures in the account5. and seeking explanation5 from you as charity Iru51ees concerning any such matters. My role is lo state whether any material matters have come to my attention to giving me cause to believe.. the accounting records were nol kept in accordance with section 386 of the Companies Act 2006 that the 2c¢ounls do not accord with those accounting records that the accounts do not comply with the accounting requirements of section 396 of the CoTnpanies Act 2006 and Nmth the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordan 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 lo be reached. Independent examiner's statement In connection with my examination, no matter has corne lo my attention.. {al which gives me reasonable cause lo believe that in any material respect the requirements-. to keep accounting records in accordance with Section 386 of the Companies Act 2006.. and (li) lo prepare financial slalemenls which accord with the accounting records. Comply with the a¢counting 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, atlenlion should be drawn in order to enable a proper understanding of I accounts to be reached. Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I confirm that l am Qualified to undp.rtake Ihp examination becausa l arn a registcrcd member of Chartered Accountants Ireland which is one of the listed bodies. Michael J Crooks {FCAI Falconer Stewart Chartered Accounlanls 248 Upper Newtownards Road Belfast BT4 3EU Dated.. 3 January 2025
LARNE COMMUNITY CARE CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restricted funds funds 2024 2024 Total Total 2024 2023 Notes Donations and legacies other trading activities 105.801 78.373 148,250 254,051 78,373 301,372 67,025 Total income 184.174 148,250 332,424 368,397 Ex Charitable activities 216.966 160,662 377,628 364,500 Material other expenditure 21.266 17,960 39,226 39,527 Tolal resources expended 238,232 152,274 390,506 404,027 Net expenditure for the yearl Net movement In funds (54,0581 (4.024) (58,0821 (35.6301 Fund balances al 1 April 2023 67,510 87,698 155.208 190,838 Fund balances at 31 March 2024 13.452 83,674 97,126 155.208 The slalement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Acl 2006.
LARNE COMMUNITY CARE CENTRE BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Flxed assets Tangible assets Current assets Debtors Cash al bank and in hand 311,561 318,061 10 12,907 93.076 17,446 137,562 105,983 Credltors: amounts falling due wlthin one year 155,008 11 (28,2511 (25.694) Net current assets 77.732 129,314 Total assets less current liabilities 389.293 447,375 Creditors: amounts fallin9 due after more than one year 12 (292.167) {292,1671 Net assets 97.126 155,208 Income funds Restricted funds Unrestricted funds 83,674 13,452 87.698 67,510 97,126 155.208 The company is entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. No member of ihe company has deposited a notice, pursuant lo section 476, requiring an audit of these financial slatemenls. The Directors & Trustees acknowledge their responsibilities for ensuring Ihal the charily 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 slate of affairs of the company as at the end of the financial year and of its inconiing resources and application of resource5, including its income and expendtture. for the financial year in accordance with the requirements of sections 394 and 395 and which otherwi.£p r.omply with the requirements of thc Companie3 Act 2006 itrlatiiiy Iv financial slatemenls, so far as applicable to the company. These financial statements have been prepared in accordance with the provisions applicable lo companies subject lo the small companies regime. The financial statements were approved by the Directors & Trustees on 3 January 2025 Miss Emma Brown Trustee Company Registration No. N1031325
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcle5 Charily inforniation Larne Community Care Centre is a Northem Ireland Registered Charity (Charity No. 1025821. Its regional office is Larne Community Care Centre, 1-5 Doric Way. Lame. BT40 2BH, Northern Ireland. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's Igoverning documenll, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" (as amended for accounting periods commencing from 1 January 20161. The charity is a Public Benefit Enlity 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 lo prepare a Statement of Cash Flows. The financial statements are prepared in sterling. which is the fvnclional currency of the charity- Monelary amounts in these financial statements are rounded lo the nearest £. The financial statements have been prepad under the hislorical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going con¢orn At the time of approving the financial statemenls. the Directors & Trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the Directors & Trustee5 continue to adopt the going concern basis of accovnling in preparing the financial statements. 1.3 Charltable funds Unrestricted funds are available for use al the discrelion of the Directors & Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as lo how they may be used. The purFoses and Uses of the restricted funds are set out in the notes to the financial slatemenls. Endowmenl funds are subject to specific conditions by donors that the capital mu51 be maintained by the charity. 1.4 Incoming resources Income is recognised when the charity is legally entitied lo it after any performance conditions have been met, the amounts can hp mp.35Lired reliably. and it is probable that incomè will be receivcd. Cash donations are recognised on receipt. Other donations are recognised once the charty has been notified of the donation, unless perfomiance condition5 require deferral of the amount. Income lax recoverable in relation lo donalions received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution. the amount is known, and receipt is expecled. If ihe amount is not known, the legacy is Irealed as a contingent asset. Turnover is measured at Ihe fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the nomial course of business. net ol discounts, VAT and other sales related laxes.
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Contlnuedl 1.5 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depiecialion and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theSr useful lives on the following bases-. Land and building5 Fixtures, fittings & equipment Ovo per annum 33.30/r> per annum straight line The gain or loss arising on the disposal of an asset is determined as the difference beeen the sale proceeds and the carrying value of the asset. and is recognised in net incomellexpenditure) for the year. 1.6 Impaimjent of fixed assets At each reporting end dale, the charity reviews Ihe carrying amounts of ils tangible assets lo determine whether there is any indication that those assels have suffered an impairment loss. If any such Indatron exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairmenl loss lif any). Intangible assets with indefinite usefijl lives and intangible assets not yel available for use are lesled for impairment annually, and whenever there is an indication that Ihe assei may be impaired. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call wilh banks. other short-lerm liquid investments with original maturities of three months or les5. and bank overdrafts. Bank overdraft5 are shown within borrowings in current liabilities. 1.8 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12 'Olher Financial Instrument5 Issues. of FRS 102 to all of its financial inslrumenls. Financial instruments are recognised in the charity's balance sheet when Ihe charity becomes party lo the contractual provisions of the instrument. Financial assets and liabilities are offset, with the nel amounts presented in the financial slalemenls, when there is a legally enforceable right lo sel off the recognised amounts and there is an intention to settle on a nel basis or to realise the asset and settle the liability simvltaneously. Basic financial assets Basic financial assets. which indude debtors and cash and bank balances. are initially measured at transaction price including transaction 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 al the present value of the future receipts discounted at a market rale of interest. Financia5 asse15 classified as receivable within one year are not amortised.
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) Basic financial liabilities B8sic 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 al the present value of the future payment5 discounted al a market rate of interest. Financial liabilities classified as payable within one year are not amorti5ed. Debt instruments are subsequenuy carried at amortised cost. USlDg the effective interest rate method. Trade creditors are obligations to pay for goods or services 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-currenl liabilities. Trade creditors are recognised initially al transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabililies are derecogni5ed when the charity's contraclual obligations expire or are discharged or cancelled. 1.9 Employee benefits The cost of any unused holiday entitlernenl is recognised in the period in which the employee's services are received. Terminalion benefits are recognised immedialely as an expense when the charity is demonstrably committed to temiinale the employment of an employee or to provide temination benefits. Crltlcal accounting estimates and judgements In the application of the charity's accounling policies, the D1ClorS & Trustees are required lo make judgements. eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experienGe and other factors that are considered to be relevant. Actual resulls may differ from these estimates. The estimates and underlying 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 lY 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 2024 Donations and legacies Unrestricted Restricted funds funds Total 2024 Total 2023 Donations and legacies 105.801 148,250 254,051 301,372 105,801 148.250 254.051 For the year ended 31 March 2023 104,408 196,964 301.372 Donations and legacies Unrestricted funds Funding Donations NIHEHB 1.122 92,725 11.954 1.122 92.725 11.954 11,786 85,279 7,343 105.801 105,801 104.408 Restricted funds Early Years Fund Supporting People BBC CIN Educlaion Authority Briteslart MEAP Big Lottery MEA Council Homeless Prevention Dormant Funds Other 29,999 26,554 29,999 26.554 29,99g 25.854 22,980 2.200 7,431 21,074 8,005 1,251 15,929 26,644 35,597 3,279 7,645 21,074 3,279 7,645 21.074 1.672 1,672 25,205 32.822 25.205 32,822 148.250 148.250 196,964 Other trading activitles Unrestricted funds Total 2024 2023 Trading activity income.. other 78.373 67,025
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltable activities 2024 2023 staff costs Depreciation and impairment Other direct expenditure 293,564 6,500 274,859 6,771 63,418 82,870 363.482 364.500 363.482 364,500 Other dlrect expendlture Office expenses Training Travel expenses Activities and outings Heat and light Insurance Rates Volunteer payments Subscriptions Employer pension Fundiai5ing expenses 955 7,938 6.403 25.308 4,653 7,017 3,296 2,057 575 4.403 813 572 9,107 8,689 40.464 8,424 6,203 1,649 2,891 853 3.785 233 63,418 82,870 Material other expenditure Bank fees Phone and internet Postage and slalionery Accountancy Repairs and maintenance Other expenses Promotional costs Sundry expenses 2,582 7,440 1.993 2,300 7,251 2,616 6,778 3,110 1.800 10,647 931 12.717 1,028 4.132 1,326 27,024 39,527 10-
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Net movement in funds 2024 2023 Net movemenl in funds is stated after chargingllcrediting) Depreciation of owned tangible fixed assets 6,500 6,771 Directors & Trustees None of the Directors & Trustees (or any persons connected with them) received any remuneration or beneffts from the charity during the year. Employees Number of employees 2024 Number 2023 Number 22 20 Employment costs 2024 2023 Wages and salaries 293,564 274,859 Tangible fixed assets Land and buildlngs Fixtures, fittings & equipment Total Cost At 1 April 2023 307.109 54,440 361,549 At 31 March 2024 307,109 54,440 361,549 Depreciation and impaimient Al 1 April 2023 Depreciation charged in the year 43,488 6.500 43,468 6,500 Al 31 March 2024 49.988 49,988 Carrying amount Al 31 March 2024 307,109 4,452 311,561 Al 31 March 2023 307,109 10,952 318,061 11
LARNE COMMUNITY CARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 10 Debtors 2024 Amounts falling due within one year: 2023 Trade debtors 12,907 17,446 11 Creditors.. amounts falling due within one year 2024 2023 Note5 Bank overdrafts Other laxalion and social security Trade creditors Accruals and defeed income 1,780 2,468 3,603 20.400 2,060 2,716 2,318 18,600 28.251 25,694 12 Creditors: amounts falling due after more than one year 2024 2023 Notes Government grants 292,167 292.167 13 Analysis of net assets between funds Unrestricted Restricted funds fund5 Total Fund balances at 31 March 2024 are represented by.. Tangible assets Current assetsllliabilitiesl Non-currenl assetsllliabilities) 307.868 {2.249) (292,1671 3,693 79,981 311.567 77,732 (292,1671 13,452 83,674 97.126 12-