Ch•rfty v•9Sthtion NIC101591 Company r•glstrJtlon nUffir N1042579 (Northern Ireland) RURAL SUPPORT ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A15 1911212024 COMPANIES HOUSE
RURAL SUPPORT LEGAL AND ADMINISTRATIVE INFORMATION Tw51eei Mr Peter Ms Gernmo Oaly IResi9ned 29 October 20241 Ms Jennifer Howkes (Resigned 29 Ortober 20241 Mr Derek Lough Mf Dani MrAtamney IRe51gned 29 October 20241 Ms Claire Saundefs Mf lan Stevenson Mr Virtor Chestnut Ms Ziia McNau9hef (Resigned 29 October 20241 Mr Robin Irvine Mr Peièr Alexander (Appointed 19 Septembff 20231 Mr Gery Dof4bn (Appointed 29 October 20241 Ms Gill Gallagher (Appointed 29 October 20241 Ms lauren Vance (Appointed 29 October 20241 Mr Dami¢n Tumelty (Appointed 29 O¢tobÈr 20241 Se¢Trtsry Mr Robin Irvine {Appointed 19 Septèmber 20231 CharSty numb•r NIC102591 Company +r N1042579 Reglst•r•d offitt Unit 3 Moleworth Pl•¢e Molesworth Street Cookstown Co. Tyron• Northern Ireland 8TBO 6NX Awlitor A18 Grovp kcoLtntants kn"mited 1 - 3 Arthur Stre•t 6dfast Co. Antrim Northern Irel•nd 8T1 4GA
RURAL SUPPORT CONTENTS Tnjsiees, report Independent Judilor'5 report StJlement of fin•ncial a¢twilies 17 Bjlince sheet 18-19 Statement of cash flows 20 Notos to the financial staitrnents
RURAL SUPPORT TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) FOR fHE YEAR ENDED 31 MARCH 2Q24 The Trusiees preseni their ann¢Jal report and audited financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance wilh the accounting policie5 set out in noiè I to the linan¢ial siatèments and cornply with ihe charitys govemin9 document, the Companies Act 2006 and "Accounting Ind ReF>Ortin9 by Charitiès.. Statement ol Recommended Practice applicable to charities prepanng their accounts in accordance %ith the Financi41 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 lettective l January 20191.. USTEES. RESPONSIBILITIES STATEMENT The TNstees ale respoftsible for prep4ring the Tfljstet's report and the fIn(la¢ statoments in accordance with Generally Accepted Accountin9 Practice in Ifeland incl¢Jdin9 the accounting 5tandard5 iSsu•d by the Accounting siandard5 8oard and published by Chartered Accountants Ireland. The TnJstees must not approve the financial statements unless they are Satisfied that they a tNe and lair view ol the state of affairs of the frust and ol the incoming resouices and application ol resr¢t¥ Including the income and expenditure, of the Trust lor ih•i period. IA prep•ring these financi•l statement4 the Trustes afe fequired to.. • select suitablt •¢¢ounting pollcies and then apply them consistently, * obserye the methods and principles in the Charitie5 SORP,. mak• judgements and •stimites that are r•asonabl* and pwdenL and. prepare the financial statement5 on th• going concern b1$ unless it Is inappropriate to piewme that the Tnjst will continu• in busin•ss. The Tnjstees are responsible for kèepin9 adequate accotsntin9 records that are sulficient to show and explain th• cha¢itabl• Trust's transacrions and dis¢1oSè Wlth reasonable accuracy 1¢ any tim• the financial PQSltion of the T51 and enable them to en5uie that the financial statefflents comply with curient ststutory quirèments. The Tnjstees a also responsible fgr safeguarding the assets ol the Trust and hence lor takin9 reasonable sleps lor the prevention and detection of fraud and other irregularities. STRUCTURE GOVERNANCE ANO MANAGÉMÉNT Gov•rning Document Rural Support was initially established in Autumn 2001 10 help farmer5 and njral dwellers in Northern Ireland who were affeatd by the Severe cnsis in the agricultural industry at the timè. The organisation is a charitable company limited by guarantee, incorporated on 1st 2002 and is regisiefed ès a tharity IN11025911. The company was established under a Momorandum of Assoclation and 15 governed Under its Artide5 of Association.
RURAL SUPPORT TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recrnitm•nt and Appointmeb)t ol the Chaflty Board The directors of the company are a150 ¢harity trtisiee5 lor the purposes Df chaiity law and are kn(Mn as members of ihe Rural Support Board. The Rural Support Board has 13 mernbers (who meet bi-rnonthlyl, reprèsènting a lange ol ielevant experiencelskillsets. includin9 farmtr current or former members of YFCV. repre5entst¢ve5 from the business community. communitylvolunlary sector rtpresentatives and a health 5erto¢ pffjlessional. Trus1•• Induction •nd Trilnlng Twsiee$ are provided with induclion and training when they join the Board and are provided with goIng tratning throu9hout each ytar to promote best practtce and to support them in their roles R5ik M•nagem•nt The Rural Support Board has conducted a review of the major risks to which the charity is exposed. A risk 1ty15ter has been established and is updated at least annually. where appropriate. systerns Of piocedures have been e5¢ab1$5hed io mitigate the risks the charity faces. Signifi¢•nt •xt¢rnJl risks io fvndin9 have led to the d•v•lopment of • strategic plan vthich will ollow lor the dlvrsifitation ol lunding and activities. Internal control risks are minimised by the implemtntaiion of procedures lor authcrisation ol all transadions and projects. These procedures are periodi¢ally rewewed to ensure that they coniinue to meèt thè needs of the charity. Ory•nl¥don•l Stru¢wM The curnent stalflng Slwctufe of Rural Support include5 the followlng rdes.. Chief Executive IFull-timel maeting Cornmunications Co-ordinator (Full-timèl Volunteei and Human R?source5 Co.OrdinJtor IFull-tim•l Therapy Sefvi¢es Co-OrdinatOf13 d8ys/weekl e8d of Finance160%/FTEI. Finance and Executive Ctrordinator (Full-timel Head of Development and Strategic Engagement (Full-timel ead ol Faim Support (Full-timel Farm Support Co-Oidina*or Icftsis 4 dayslweekl Farm Support Co-ordinator (Proaaive Plogiammes: Part-timel Farm Ssjpport Co-ordinator (Proactive Programme5.' Full-timel Farm Support Co-ordinator (Proactive Progiornme5.' Fvll-timel Head of Social Farming and Innovation IFull.timel 2 x Social Faiming Svpport Co-ordinator IFull-timel Plovgh On Project Co-ordinator IFull.timel Project Officer (Full-timel Rural Support also has a ream ot 24 Fami Business Mentors who work on vaiiou5 projects surrounding iarm business planning and rural stress to include dealing Wlth financeldebvtechnical issu•$ and succession. Through one-to-one mentoiing sessions they help lam)•rs look at their options and support them io m&e Tealisiic plans lor the luture of the lam business.
RURAL SUPPORT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR fHE Y£4R EIVDED 31 MARCH 2024 They also support fameis and larming fami membets through a r3n9e of pro-active business and mental health awaren•ss training pro9ramme5 in the form ol woikshops •nd seminars that tske plaie tlyoughout the year. There are also J number ol Counselling MenioTS and mental health specialists who work alongside thé Farm 8usiness mentofs to provide professional therapeutlc SUPPOrt fof farmers and larrning families who are in crisis and this has si9nificantty improved out¢omes for those supported and iheir f4rrn bvsiness. At present Rural Support ha5 approximately 35 volunteers who 9ive their time, knledge, expertise and experience to the or9anisalion. They undertake Support Line cover, wofkllife balance guidance. promotio and outr¢arh as and when required. Rural Support continuolly evaluates its Support tine hou to meet demand. The existin9 v¢luni•w l•vels •f• 4dequate and this is ieviewed on a regular basis thoughout th• ye•r. 8JECTIVES AND ACTIVITIES Rural Support's Vision is ol 8 vibranL healthy, and resillént lamiing community in North•rn Ireld. Its mission is to provide prof*ssion•l Jnd pr4ctical 5UPPQrt tg larrne farm fjmllles and fom business•s throughout Northem Irelind. It aims to do this through.. improving the health ind wellbeing ol larmefs and lam) lamily member5', helping build resAient faim businesses that ale •daptablt to ongoing change ond thallengel Promoting socially inclusive services that the faiming community can deliver for people in fteed of additional suppo¢ and. bein9 a strong adv¢xate and champion lor the farnNn9 community by contrtbuting to a fobust evidence base which helps Inform hjture poliry deci5i9n5. In pursLting the or9anisation's objectives, Rural Support follow the rategIC aims as outlined bebw which have been developed as part ol the 2021-2024 strategy..
RURAL SUPPORT TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUEO) FOR THE YEAR ENDED 31 MARCH 2024 trntegl¢ Aim 1 e connecl wth all farming lamlies in need and Prod up to date art Jdily 4vailable asSiSt•nce •nd resources relating to health and wellbein larn bu5ine5% and per50nal and fvture plannin9 lor all famiin9 larnilte and farm lamity members throu9h auf seM(e pro9ramrne5, networks.an the online hub. iih Social Farmin9 Jt its Core, Rural Support has a relevant and irnpacrfu sorMI innovafvon function, providing tangible and practical solution hrough a ran9e ol projects and seThices in support ol those rn vvlnerable in our wr•1 commvnities particularly older people and th05 ho experience loneliness and isolèt¢on artd/or afe socially and/0 economicall -di5a4anta develop ènd grow ovr expert t••np of aff, volunteers, ard mnto ho lead from the front using peon-(en¢[l(l c04chin9 and mèntoring, t provide support to farmers and all mèmbers of Our laming families during limes of crisis.. in planning lor successful larm businesses and, in evelo Stro mental and h Ical resilience, for n¢)w and the fiJture. e have in place a networklng Strategy, lo borh develop existing and create new colljborations, with those ¢n the public and Pfivate sectors e can work 10geiher to provide meaninghjl and pragmatic support lo lafrnin lamilies and thèir busine55és. and rural communities. e focus on helping famiers and lamin9 families to bulld re&llénce a onal confidence in engaging with other agencies who could assis them in bvildin9 more 5ucces5fv1 businesses essentially helping to brid9 the gap that currently exists bet4¥een the 5trvices th•t ir• ailable in the iake-up of services by those who could benehi but are rduaani articipate. e create • prolèsslonal •nd 4All• business operaiion vihi¢h will inCoorate J well-structvred and motivoted management tearn. mentor% and volunteers undeipinned by appropriate HR development and managemeni proces& trnt•glc Alm 2 Strit•glc Alni 3 Stra¢•gl¢'Alm 4 Strat•gi¢.Alm S Strat•9lc Aiffl 6. tr•tsgic Aim 7 e implemenr appmpnat• systems to produce timety infarn7adon and ensu professional financial, go¥emance and internal controls which will be ieviewed independenlty on an annual basis. We wil also implèmen¢ appropriate inlorm•tion and data mana9ement 5ysiems t ort our work with communitie& rtner& and lunders.
RURAL SUPPORT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORD {CONTINUED) FOR THE YEAR EIVDED 31 MARCH 2024 PUBLIC BENEFIT STATEMENT The Trustees ol Rural Support confirm that they have ¢ompliÈd with thèir duty under section 4161 of the Charilies Ad (Northem Ireland) 2008 10 have regard to the Chaiity Comm15sion for Northern Irel•nd's 9uidance on public benefit and that the public benefit fequirement has infoim8d the artiviti•s ol charty in the year ended 31 March 2024. ACHIEVEMENTS ANO PERFORMANCE 201312024 Rural Support is a reglslered (haiity and a company limited by guarantee. It operates across Nonhern Ireland Irom a base in Cookstown, Co Tyrone Nonhem Irel•nd. It has • small staft ieam of 18 and is mJn•g•d by • voluntary Bojrd of rtpreseniatives with 4gri¢ultur•l ond rural intirests. The organisation's main area5 01 charitable activity and seThi¢es tnclude.. Provision ol a Support Line service for iural dwellers between 09.(X)am and 09.QOpm, Mon-Fii.' Provision ol coniacr inlormalion andlor connecting callers to appropriate supporL Pfovision ol business, finance, technical and co¢Jnselling mentorin9 and ongoing suppor( PfOVt5ion ol ifainin9 pro9rimmes to develop resilience and knowledge lor those workin9 in the agrisKtor. Provision ol the Social Farmin9 Support Service fof Northern lieland and various social innovation projects and activities 10 support the most vulnefable members ol the rurnl community. Vndoubtedty. times are very challenging in the agfiplood sector. with woNies ab)ut ftsing input ¢osts bnd concerns of lood security impaaing si9niftcantly on the larmer and the faiming farnily. In April 2021, to increase the organisation's ability lo respond to ihe5e concerns and other market pressures on the ct¢r, Rural Support launched an imbilioLS nvw stratègy 'Rvisionin9 Rural'support lor a Stronger Future - 2021 to 2024. which provides capacity lor wider ranging, more holi5tiC 5UPPOrt to farmery Jcross the age spectrum - direcily ènga9in9 *ith famer5 and farm businesses before they leach ¢risis sta9è. Now in the 3rd year of this nèw approoch Rural Support has moved from a reactive position ol support provision lo providing a suiie of proactiv• prograrnmes and seNice5 dedicated to improving the health ol both fam business and members of the fam) family. The focus Is on empowerin9 farmers and farm lamilies io plan èheid for their bus¢ness Ind personal health and wellbein9.' become more resilient in times of difficulty, and know how to get most apwopriate 5UPPOrt and from where. While farmeis, f•milies and rural communith'es face on90ing and often unpfodict8ble challen9e5. Rur41 Support remains steadfast ift its commitrnent to serving those who need 5VPPOrt an¢J assIance. At the end of the 3rd year ol its cuireni strategy, Rural Support's team has surpassed the ambilious Kpls set by the board and are in a strong position to lulfil the strate9y's objeaives.
RURAL SUPPORT TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 HOW HAVE WE MADE A OIFFERENCE7 During the 2023124 financial year a number ot key oulcome5 have been achieved by the Chafity supportin9 our larrners and famiing families to build resilience. Support Line calls and 98 relerra15 Irom the wider Agri-sector. 136 indiv*duals rècèivéd 1.1 support through the Public Health Agen<y mentorin9 PIO9famme several of these cases required input Ifom More than I mentor, complex cases to include finjnce, succession, TB closure, family disputes el¢. Through the Farrn 8u5iness S¢Jsiait)•bility Programme delivered through CAFRE'5 Farm Famity Key Skills programmè some 37 families ea<h ieceived up 10 20 hours ol 1-1 menioring supporL completed 5 farrn business locvseLI workshops and enjoyed Workshop 6 Whe they could choose to Jitend several workshops on the one day to includè - Managing Farm Finances, Cafbon on Your Farm. R#newabl• Energy. Su5t•inatyle Farming, Oiv•r5ification. Multispeci•5 Sw•rds and Successio Planning. The day concluded with a panel discussion to include Dav¢d Bfown IUFU PledentI, P•ul McHernry ICAFREI, Bairy Ca51in ffea9ascl and Graham Cooke (Rural Support Meniofl. Thanks to suppofl Irtsm ihe NFU Mutuol Chdritable Trust, 112 farmers completed workshops on yirious subjects to include Svcce55ion Pl3nnin9 and Preparing FOT Faim In5pertions. CAFAE Coping with The Pressures ol Farming - 216 indsviduals across 1S locations received this training which was the 3rd year ol the prograrnme which has now finished. CAFRÉ Making Tam Di9ltal at the si•rt ol the year 290 farmers. Boots on The Ground menral health Jw¥reness training lor the J9rO.indu5try - 223 Agri sKtar w0er5 (Ulster 8ank, DAEAA Vet5, NIFCC, Chestnutt Animal Feeds. Fane Valley, UFUI. Royal Courstryside Fund Resilience Prograrnme 34 families in two locations Se5kinore Jnd Dun9iven with successlul Study Tovr to Scorjand under guidance ol David Kelley from Kilt Consulting, Life 8eyond bereavement and loss support service5 - sirpport provided to 48 indivtdu•ls and over SOO people either attended the Celebration event in The Glenavon or watched online to remernber OLtr loved ones, Reviving Rurèl - ¢oun5ellin9 and iherapy support SeIce5 pr¢Ided support to 50 clients. SOCIAL FARMING.. AN ESSENTIAL SEAWCE Social Farming is an tnnovativt use of agrictsltur• to promote therapy, r•habilitation, social inclloslon, education and social seryices in wuril areas. There are multiple benefits from Social Farming for b¢)ih the indmdvals Involved and the wral economy. Rural Support delivers ihe Social Farming Support servi lof Northern Ireland, supporting latmers delivering Social Farmin9 and promoting the s•rvi<e for those who Could benefit Irom participation, leading it5 development here. Key achievements= Odivery support Ongoing support to 14 farms deliverin9. New delivery estsblished on I farm.. Jigsaw. Social Faming Standard5 7 farms awarded Standards badge. Promotion Social Farming stand in Horticulture Pavilion at Balmoral Show. May 2023. Social Famin9 Awareness Week, Odober 2022. social Farming in Nl.. Future Focus Conference.
RURAL SUPPORT TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Training Keeping Children and Adults Sale and Emergency First Aid at work training arranged by Rural Suppon, both in March 2024. Induction training delivered by Rural Support, Maich 2024. SUPPORTING OLDER AND ISOLATED FARMERS ANO FARMING FAMILY MEM8ERS In 2023124 Rural Stsppon continued its support pro9rammes tor dder and isolated farmers and larming family memr5, Across the Hedgerow - a telephone befriending seFvice for older or vulnerable, and/or isolated people from the larmin9 community which maichts them with a person from ihe a91communitY to providè connt¢tion •nd support. During this year 16 Ilients receiving ulls from 13 volunteérs. Plough On for older and i501ard farmer% 19ed 65. aims to tackle rural isol•tion and increase soci41 opportunitie5 lor older farmers. The Plough On project provides a tangible and practical way tQ 5UPPOrt those older farmer5 and bring them togethei with likrn1nded people. helping them to develop new nkS and knowledge. The locus is on improvin9 health and wellbein9 thfough social inclusiorK encouiag1rt9 individuals io get and stay well boih physically and emoliollY it a150 provides re5piie to fam)ing families, shann9 (he load in sUPPOrting ouf older lafmin9 community. Durin9 this year suppart has been provided for ongoing Cohort I delivery 10 7 groups and included a v¢sit to Stormont to fflark Ag Mental Health Week. SHINING A LIGHT ON HEALTH AND WELL8EING P#rt of the Rural Support's slr•tegic approach is to embed new thinking in how f•rmers and fafmlng ljmiltes view the importance of physical and mental well-being and to remove any remaining stlgma around ihe developmènt and management ol overall health. The organtsation focuses on communicatin9 POSIti health me5Sa9in9 and providin9 pratrlital way5 to help improve health - both physical and mental and incorporates this into all its prograrnmes as an inte9r41 port of developing, 9rowing, and sustaining a successlul farm business, Collaborative work is an essential element of destigmatising iUeS afound menial and indeed physical heJlih 9iven that these are interlinked with ea<h her. The RevNing Rural projecr IApril 2022 - March 20241 continued in-year and included includes campaigns and toolkit development io entourage self-help and development ol positive behaviour5 amLtrnd thoices relating to rnenial and emotional health. Key achievement&
RURAL SUPPORT TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2024 Delivery of four digital campaigns.. Work Life 8alance for Young People.. f ating Well for Women and Young People,. rackling londiness and Isolaiion IDr Women., Importance of Sleep lor Youn9 People L••rnin9 & Development Support., Produdion Qf 4 r¢sour¢t video Oealing wilh stress Dealin9 Wlth.vnhelphJl thoughts Emoiional wellness in agriculture Women in agricultvre The Northern Ireland Rurnl Health F0m, coordinated by Roral Support, brings togethef kty de(ision mJkers in •griculiuff, publi¢, volunt4ry, 9overnmenf and related commercial vr9anisations to help influence public opinion and ensure the appropriate Fncorporaiion of mental and physical health needs in nJral communities - particularly for farming families into strategy and policy development. As well as R¢Jral Support membrs ol the Forvm Steerlng Grcvp Include VFU., MFU Mulual.. Unlted Fe¢ds,' Chesinutt Animal Feed5 Ltd,. Moy Park. Ulsier Bank,. Danske Bank. YFCU,. HSENI.. Northern Health and Social Care TrusL Fam Farnity Health Check5 Programme., Rural GPS VetNI,' ABP Food Group., Healihy Uving Cwiie Alli•nc•,' PHA. and Mindwi Kèy achlev•m•nts: Nl Agri.Rural Health FonJm.' Steerirq group meetings during 2023124 locus on Fonjm messaging and •ngag•menf,' events held., Webinar for health professionals 'Whai are the b•Niers Ind solutions in prowding health and soc41 care to lafming families7. In-person events lor farmers 'You •nd Yosjr Farm Ousintss Thiiwng Togethe KEY PARTNERSHIPS AND OUTRÉACH Aural Support'5 5tratgy fotuses on buildin9 relationships with the f•rming community from youn9 pople right thiough to older larmer5 and encompasses the whole farm family. li also focuses on increasin9 collabofation with key stakeholders tp help deliver Ouf objectives and on helping those stakeholders better reach the larming community in order to deliver their5. In 2023124 the charity continued to locus on working with 49ri-StJkeholdefS Js well as more widely wth the public and prTrvate sector. DLe to this incieased engagement with ihe agri sertor we have seen a significant increase in clients being referred through third parties. This ieflect5 the work being done on the ground through outreach arnd other sUPPOrt pro9iamrnes and our relationship with farmer.facing employees ol companies wothing with our client basè throtsgh Boots on the Gfound trainin9. Securing referrèls rhrou9h this pathway helps reach Ibrm*rs and farming families who would rtot ordinarily contact a Support or Helpline directly. Ovevall, RLtral Support has reached over 24,000 beneficiaiies through its prograrnmes and seMce5 Lajring the year and reached countlpss others through its outreach. Communications, and marketing activiiies. We engaged with approximatety 1037 individuals through our outreach and information sessions. And in addition to this there were over 75.000 vi51ts to the Nl Farm Support Hub resource plattorrn which lajnched in September.
RURAL SUPPORT TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Aural Support lE•tur in 260 newspaper anicle5 this year and in I I BBC radio inlervie4¥S. It a150 held special event on International Women's Oay event at Chestnutt's Fami on the North Coast which 9atheod together women in agriculture. PLANS FI)R THE FUTURE On refle(lion ol the haid I%rk and commitment of staff, volunteeo Jnd board mmbers over the last year, 4nd despite the challenges presented thanks to èn ever-rhanging exltmal environm¢nL Rur•l Support provide5 a unique and value lor money service that is vital loi rural cornmunities and delivers foi its community and hJnden.Reachin9 individuals in isol•ted ruial areas who need support is by no means Straighrforward. However, Rural Support h•$ proven that through its innovative approach and its oulRach and volunteer programmes, support can be channelled to those sn need at time ol need. ke most tharities the main challen9• we fate is securin9 suffioent fvndin9 to meet demand and bep the ability to respond to those in need without delay or wailing list5. Goin9 into 2024125 Rural Support will continue to prolessionalise its fvndraising effort5 and secure the additional funding needed ¢0 ce lon9- term sustainability for the or9anisaiiDn. Ne9latiOnS are ongoin9 With OAERA to e5tsblish a thretryear fvnding pl•iform. Financl•l fe¥lew For the year ended 31 March 2024 Rural Support has feceived £903,819 01 income throughout the year and had totsl expenditure of £937.328 resulting in a net deficit 01 £33,509. At 31 March 2024 Rural Support had total rese¢ves 01 £228.868 of whlch £230,490 •r• Unreilded r•s•rv•5 nd a nei deficit of £1,622 of restritted reserves. Fundlng Sour<•& The organisation cvrrentty iecetves support from the Tackling Rural party and Social Isolation rrRPSII Programme in the D+rtment ol Agriculiure, Environrnent and Rural Affaiis IDAEAAI, the Public Health Agency and donation5 from National Farrner5 Union INFUI Mutual Charitable Tryst. It also carries out fundrabssng activiries to generatt other income and currently has a nurnber of donations and fvnding from other sources including National Lottery Community Fund., It)è Departmeftt ol Health Mental Health Fund through the Cornmynity Furtd lor Northern Ireland and Ihe Arrs Council ol Northem Ireland IACNII. It a150 receives donations from the general public. R•s•ry Pollry Rural Support aims to have 5vfficient funds equal to the value 01 Six months of core costs. Currently the organisation has rèseNed more th8rn six months. An amb*tious programme ol fundraising was launched in 2022123 and work ¢ontinues to roll out in relation to thls area with resoLtrces being dedicated to this effort incl¢Jding creating a dedicated unit lo manage it - to help ensure ieseffts are kept at an appropriate level and that cole funding is underpinned by sufflcient income to ensure tsperatiortral efficiency and effectlveness.
RURAL SUPPORT TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure. governance and management The TNslet% who are also the directoffs lor the purpose ol company Iw. and who served during the year and up to the date of signature of the linanclèl statements were.. Mr Peter 8¢)yle Ms Gemma Daly Ms Jennilei Hathes Mr Derek Lough Mr Daniel McAtamney Ms Claire Saunders Mr James Speers Mr lan Stevenson Mr Victor Chestnutt Ms Zil• M¢N•ugher Mr Robin Irvine r Peter Aleyander Mr G¢rry Doran Ms Gill Gallagher Ms Lwren Vance Mr O•mi•n Tumelty {Resigned 29 October 20241 IAe5igned 29 Ottober 20241 IResigned 29 Ortober 20241 (Resigned 19 S#ptembei 20231 IA•signed 29 Ortober 20241 {Appointed 19 5eplember 20231 (Appointed 29 Ortobef 20241 {Appointed 29 October 20241 (Appointed 29 Ortober 2024} (Appointed 29 Octobef 20241 Audttor Disclosur¢ ol inlomiation to 4udStor E•ch ol the TnJ5tees has ¢onflmied th•t ther• Is no information of which they are •ware whith is rtlevani to the audit. bul ol whi¢h the •udil¢r 15 unaware, They have funher confirrned that they ha¥e tsken appropriate steps to identify such relevant tnforniaiion and to e5tabli5h that the auditor is aware ol such informal¢on. The Trustees. report •pproved by the Board ol Tru5tee5. , 4'kn'L'IA'KtV¥- Mr lan St•vgnson Trustee 10.
RURAL SUPPORT INDEPENOENT AUDITOR'S REPORT TO THE TRUSTEES OF RURAL SUPPORT Oplnlon We have audited the linancial staternent5 of Rvral Support Ithe 'charity'l for the yeaf ended 31 March 2024 which compfise the statement of fiftancial attivities, the balance sheet. the statement ol cash flows and notes to the financial 5t•tement% including significant accounting policies. The financial reporting framework that ha5 been applied in thei¥ preparation is opplicable law and United Kingdom kcountin9 Standaids, including Financial Reporting Standard 102 The Financial Reportin9 Stèndèrd •pplicJèle In the UK and Republic ol lrnl•nd (United Kingdom Generally Acc•pted Accounting Practice). In our opinion, the financial statements.. 9ive a true and fair view of the state of the ¢h•riE•bl• ComnY.$ affairs a$ 4t 31 March 2024 artd ol its in¢oming resources Jnd •ppli¢Jtion ol resouice for the yeaf then ènde%Y,' have been properly prepared in accordance with United Kingdom Generally Accepted Accountin9 Practice, and hèv• been prepafed in •¢cordanc• with the requirernents of Companies Act 2006. O•sls lor oplnSon We conducted our Judif in accordanc wilh Intern¥tioMI Standaids on Auditin9 (UK) IISAS IUKII and applicable law. Our responsibilitiès under those siandards are lurthei described in thè Auditors rèsponsibilit$ lor the audit of the fintI•l statements section of our report. We are independent ol the charity in accoidance with the ethical requiiements that Jfe ¥elevant io oui audit ol the financial siaternents in the UL including the FRC'S Ethi1 Standard, and we have fvlfilled our other ethical fesponsibilities in xcordance with these quireMents. We believe that the audit evidence we have obtained is suificier*t and 4ppfopriate to prowde a basis for our opinion.
RURAL SUPPORT INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF RURAL SUPPORT Conclusions r•l•ti*vJ to 90in9 conc•rn In èudiiing the financial ststements, we have concluded that the Trnstees, use ol the going concern b•sis ol accounting in ihe prepaiatson ol the financial statements Is appropfiate. Based on the work we have perfoimed, we have not identified any materlal uh¢trtainiies rel4tin9 to •vents or conditions that. Individual or callectivety, may cast significani doubt on the charity's ability to continue as a goin9 concefn for a period of Ji least twefve months from when the financial statements are authorised for i55ue. Our respon51bilities and the r•sponsibilliles ol the Trusttes wilh sPeCt to 9oing concern are described in the relevant section5 01 this report. ¢)th•r Inform•tlon The other information ¢omprb5es the informatlon included in the 4nnu4 r•port othef than tho financial staiements and our auditorfs report thereon. The Tiustee5 a responsible loi the other inforynation contained within the annual report. Ouf opinion on iht financial Statements does not cover the other information and we do not express •ny lorni ol assurnnc• condusion ihereon. Our responsibility IS to read the oiher Infom)ation and, sn doing so, consider whether the other infornatton is materially inconsistent with Ihe financial statements or our knowléd9È obtained in the course ol Ihe audit. or otheMise appears to be materially misstated. If we identity such material Inconsistencles or apparent materi)I misstatements, we ire reqvired to determirte whether this gives rise to a matenal misstatement in the financi41 statemen¢5 rhernselves. If, b35ed on the work we have performed, we conclvde that there is J moterial mis5tatemeni ol this Other inforrnation, we I required to report thèi lact We have nothing to report in this regard. 12-
RURAL SUPPORT INDEPENDENT AUDITOR'5 REPORT ICONTINUED) TO THE TRu¥fEES OF RURAL SUPPORT Matters on whrch we •r• r•gulr•d to r•port by exceptlon We have nothing to ¥eport in respect ol the following rnatte in relation to which the Chafities (Accounts and Reports) Regulation$ 2008 require us to ieport to you il, in oui opinion,. the infomaiion given in the ffnancial statements is inconsistent in any material respect with the Trustees, reporL or suffi<i•nt Jccguntin9 rectsrds hJ¥e not be•n k•pt OF the financtal statements are not in a9reernent with the accountsn9 records.. or we have not recewed •ll the information and explanations w• requir• for our audlt. Responslbllltles of Trustees A5 explained mcre fully in the staiernen¢ ol Tnjstees. re5ponsibilitie% the Trustees. who are also th¢ dir¢rtor5 01 the ch•rity for the purpos• ol company law, afè responsible ftsr the preparation ol the financial statements Jnd lor being 5at15fied that thty 9ive a irue and fail view, and for such internal control as the TNstees deiermint is necessary to enoble the preparation ol financial statements that are free Irom malerial mi55tatemenL wheih•r due to fraud or orror. In preparing the flnJnci•l staternents, Ihe Tnjstees are responsible for assessing the charitys ability to continue as a going concem, disclosing, as appl¢c?ble, matters ielated to 90ing concern and using the 90ing concem basis of accounting unless the Trustees eithei intend to liguidate the chartiable company or to ceas• operation5, or have no realistic aliemjtyve but to do $0. Audltor'i r•sponstbiliti•s for th• audit of the finpn¢ial 5t•t•m•nts We havè beEn appolnied a5 auditor under section 65 of the Charities Act {Northem Ireland) 2008 and report in accordance wilh the A¢t and leVaTht regulations made or having effect thereunder. 13-
RURAL SUPPORT INDEPENDENT AUDITOR'S REPORT (CONTINUEO) TO THE TRUSTEES OF RURAL SUPPORT Our objecti5 ale to obtJin reasonable assurance about whether the financial st•tement5 as a whole are Iree from material missratemenL wh¢he¥ due 10 fraud ot efroi, and to issue an autlitorfs report ihat in¢lydès our opinion. Reasonable assurance is a high level ol assurance bul is not a guarantee that an audit conducted in accordance wTrth ISAS IUKI will blways detect a material missiatement when It exists. Misstaiemenis can arise from triud or error and are considered material if, individually or in the gggate, they could reasonably be expecied to innuence the economic decTsion5 01 usefs taken on the basis ol these financial sratements. The •xtènt to which our procedures •re c•p•ble of detectn9 irregulaiities Snduding ff•ud, 15 det•iled below. We obtained an undersiandin9 of ihe legal and regulatory framework applicable to the company throvgh enquiry ol man•9em•ni. sector research and the application ol cumul•tive ludit knowled9e. We idtniified the followin9 principil laws •nd reguljlions relevant 10 the Company - Companies Act 2006, Charities Att (Northern Ifelandl 2008 and ihe Ac¢ounting and Reporting by Charities.. Ststement of Recornmended Practice applicable to charitie5 preparing their accounts in accordance with ihe Financial Rtporting Standard applic•ble In the UK •nd Republic of IrelJnd IFRS 1021 leflective I January 20191. We developed an understanding of ihe key fraud risks to the entity (including how fraud might occur), thè controls in pl&c• to help mitl9ate those risks. and rhe accounts balances and disclosures within ihe financial 5tatement5 which may bv sus¢eptibl to management bias. Our understanding was obtained through revtew of the financial statements for signilicant accounting estimates, analysis ol journal eniriei walkthrough of the key contro15 Cycles in place and enguiry ol managemeni. 14
RURAL SUPPORT INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF RURAL SUPPORT Ovi procedures to respond to Ihose risk5 identified included but weie htsi limited to.. Enquiry of managernenL and thè entity's solicltors around actual and pot•niial liligation and claims. Enquiry ol management lo Identify arby instances of non.compliance with laws and regulations. Reviewing minLies of meetln9s of those Iharged with 9overnance. Reviewin9 linJnciJl statement di5c195ures and testin9 to SLIPPOrting documentati¢n 1¢ Jssess compli•n¢e with •pplicable laws and re9ulations. Audittn9 the risk of management override ol contro15. including ihrou9h testing journal entries and other adjusirn•nts for appropriatèness, and evalLtating the busine55 rationale ot signilicont tran5artions outside the normal course ol business. A hjrther description ol ovr resportsibiliTles is available on th• Fin•n¢i•l Reporting CovncTrl's websile aL httpsllvrtw.fTc.org.ukJaudiioisf•sponsibilities. This dvs¢iipiion forms part of ¢Lr auditor's ieporL fS-
RURAL SUPPORT INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF RURAL SUPPORT Usè of our r•port Thi5 report is rnade solely to the company's membefs, as a body, in accordance with seciion 391 01 the Companies Act 2014. Our audit work has been undertaken $0 that we rn19ht state to the company's members those matters we ore required 10 Slote to them ID an auditorfs report and for rKJ Other purpose. To the fvllest èX1ent permitted by law, we do noi accopi or asssjme responsibility to •nyone other than the company and the ¢ornpony's m•mbtrs as a boty, lor our audil worl lor this repon, or lor the opinlons wé have lormed. Campbdl (Senior Stalutory Audltor) lor and •n b¢hall èf AAB Grnup (gun1*ts Umlt Chart•r•d A<¢ounl•nts si•tutory Audltor¥ 1 3 Arthur Street eelf•st Co. Antrirn Northern Ir•lJrtd BTI 4GA 1fj-
RURAL SUPPORT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 37 MARCH 2024 UnT•51ricted %•stricted funds funds 2024 2024 Total Unr•strlcted R¢51ricted fvnds funds 2023 2023 Tol•l 2024 2023 Notes li¢om• •nd endowm•nts from: Donations and legacie5 Charitable artiwtie5 Other incvme 63,555 193,043 1363 235,452 409.406 299,007 602,449 2,363 38,678 3.200 230.752 562.633 269.430 565,833 682 Toial In¢gm• 258,961 6M.858 903,819 43,560 793,38S 835,945 EXpendir• on: Raising fvnds Chafltable activities 6,917 743.224 6,917 845.099 258,518 67&810 937.328 101.875 Total up•nditur• 258,518 674810 937,328 101.875 7SO,141 8S2,016 Net IncOmW{•¥nditUf•) 443 133.9521 133,S091 159.3151 43.244 116.0711 Tronsfers between funds 19,9221 9.922 S2,890 IS2.8901 14et movement Sn fvTrds 19,4791 124.0301 {33,509) 16,42SI (9.646) {16,071) Reconclliation of fvnds: Fund balances 11 l April 2023 239,969 21408 262,377 246,394 32,OS4 Z78,448 Fund balanc•s •1 31 Mah 2024 230,490 11,6221 22&868 239,969 22.408 262,377 rhe statement ol financial activities include5 all 9•ins and losses reco9nised in the year. All income and •xpenditur• derive from continuin9 Ktivities. 17.
RURAL SUPPORT BALANCE SHEET ASA T31 MARCH 2024 2024 2023 Not•s Oxed asse Tangsble assets Curf•fit •ss•t• Debtors Cash at bank and in 0nd ij 9,885 1.704 14 96,359 245,675 126,985 266.777 342,034 393,762 Credltorn. 0nts 14llng du• wlthETr one ye•r 16 1123.0511 1133,0891 N•t curr•nt assats 218,983 260,673 Totsl sts less cuNeffl lbIlIti•$ 228,868 261377 I0bl lundl Restricted fvnds Unrestficted lunds (1,6221 230,490 21408 239,969 22&868 262.377 18-
RURAL SUPPORT BALANCE SHEET (CONTINUED) ASA T31 MARCH 2024 The company is entitled to the exemption from the audii requirement contsined in séction 477 of t Companies Act 2006, for the year ended 31 March 2024, although an audit has been carried out under section 6S al the Chaflties Act (Northern Irelandl 2008. No membef ol the company has deposited a noticè, wrsuant to section 476, requirin9 an audit ol these accounts under the requirements of the Cornpanie5 Ac¢ 2006. The dirertois acknowlédgè their responsibilities fof comptying with the requirements of the Cornpanies Act 2006 with resp*ci t? accounting records and the prepJrJtion ol linancial statements. The members have not required the company to obtain an audit ol its linan(ial statements under the requliements ol the Companies Act 2006, foi the year in question in xcordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to compjnies subject to the 5rnall cornpanies regirne. The flnonci•l ststemenis wer• •PPfoved by the Trust••s on ...... Mr lan SEenon Te¢ Comyny R•gistration N•. N1042579 19-
RURAL SUPPORT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes C•sh flows Irom OP•f•t5n9 artl¥lil•i Cash absorbed by operations 22 19.4651 163,276) Investing acdviil Purchase ol tan9ible fixed •ssets 111,9 N•t {h ysed in In¥estlng •Cli¥ities 111,9801 Fln•nclng actlvltl Repayment ol boryowings 343 3,048 N•t g•nqrni•d from fin•nclni actlvlties 343 N•t dw••i• In ush ind c•th •qUbval•nts 121,1021 160,228) Cash and ush 4ur4alents •t beginnin9 01 y•ar 26&777 327.OOS C•ih and ¢iih •qui1•t5 •t •nd of ye•r 245,675 266,777 .20-
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2024 Accounting policies Charity inforniation Rural support is a private company limited by gvarantee incorporated in Northern Ireland. The registered office 15 Unit 3 Molesworth Place. Molesworth Street, Cookstown, Co. Tyrone, BT80 8NX. 1.1 Aceountlrbg conventlon The financial statements have been prepared in accordance with the charity's Igoverning documenll. the Companies Act 2006, FRS 102 Yhe Financial Reporting Siandard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the Charities SORP "AccoLrnting and Reporting by Charities.. Statement ol Recommended Practice applicable to charities preparin9 their accounls in accordance with the Financk?I Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling. which is the functional curren(y of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statement5 have been prepared under the historical cost convention. The principal accounting policies adopted are Set out below. 1.2 Going concern At the time of approving the financial statement5, the Trustees hove a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the goin9 concem basis of accounting in preparing the linancial statements. 1.3 Charitable lunds Unrestricted funds are available for use at the discretion of the Trvstees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors a5 to how they may be used. The purposes and uses of the restricted funds are set out in the notes to ihe financial statemenls. 1.4 Ineome Income is recognised when the charity is legally entitled to it after any performance conditions hwe 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 charty has been notified ol the donation, unless performance conditions require deferral of the amount. 1.$ Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third paty. it is probable that seiilement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings.. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Irrecoverable VAT is char9ed as a cost against the activity for which the expenditure was incurred. 21
RURAL SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE Y£4R ENDED 37 MARCH 2024
A
RURAL SUPPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Ac<ounting poli
RURAL SUPPORT NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2024 Dan•11¢% and 1•9ad•s Unrestrirt•d ftestricted fvndi fvnds Totsl UNestricted Restricted funds lunds Total 2024 2024 2024 2023 2023 2023 Donations and gifts 63.S55 23S,452 299.007 31678 230,7S2 269,430 OoD•tlons and 91 L)onations and Other Incomt Departmeni ol A9iiciJlture. Environment and Rural Affai 63.5S5 741 64,296 3a678 38.778 234,711 234.711 2JO,6S2 230.652 63.SSS 235,4S2 299.IJ07 38,678 230.752 269,430 .24-
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitsble Ktivities UTrr¢Ftrirt Ae¥tdct•d Incom• Int•m• R•rtrkt•d IKorn• In¢•m• Z023 1024 2024 2023 Performance relJted grants 193,043 409,406 602,449 3,200 561633 565.833 Analysis by fvnd Unrtstrirted fijnds R•strirted fund5 193.043 193,043 409,406 3,200 3,200 562,633 409,406 562,633 193.043 409.406 602,449 561633 565,833 Perforfflanc• r•l•ted grants Publi¢ Health Agenc Social Farming DAERA Prin¢e'5 CoLtntryside Fund Rtsilience So Engage and So En9ag• Plus IL4BI & LFT Trurt Emer9en¢y Fund Farm F•mili¢s Xey Skills NFU National Lottery - Plough 89.033 75.969 89,033 75,969 87,322 76.975 87,322 76.975 4S.136 45,136 25,545 25,545 7.315 7,315 11.275 9.230 11,275 9.230 104,654 9,094 70,181 81340 9.094 70,181 82,340 104,654 95,241 95.241 85.211 86,7CI) 92.878 26,285 84,698 92.878 26,285 87,898 Life Beyond her 85.211 3,178 83,522 3,200 193,043 409.406 602,449 3,200 561633 565,833 25-
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 Oiher In¢ome Unmtrlct•d Unr•s¢rlct•d fvnds fvnds 2024 2023 Other income 2,363 RaIn9 funds T•tal Rertrfcted fiJnds 2024 2023 Staff costs 6,917 6,917 26-
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH a?24 Charitable •cli¥itieS unstriCted Re51rlcted 2024 2024 Totsl Unrestrirted Reslricted 2024 2023 2023 Tot•1 Staff costs Depreciation and irnpaiment Office &xpenses Telephone Shows and F•trs rr4vel Ind Subsistence Prornotional Costs Training Facilitaiion & Independent Support Emergenry Fund •nd Seed Grafti Payments Recruitment Costs Projert costs Study tour Covnsellin9 costs 60,900 444,510 505,410 22,917 347.502 370.419 216 ss 216 2,296 50,696 42,882 18,'520 9,393 2,241 43,712 28,925 7,089 5.380 3.838 51.604 3&638 3,838 53,899 42.384 14,298 13.429 2,295 5,746 2,757 1,352 13,957 17,431 4.013 12,077 30,34S 78,822 109,167 11.854 111,OJ7 122,861 1,275 1,275 689 1,755 6.769 33.306 3.000 3,000 116,9601 18,715 6,769 12,146 10,737 40.891 10,737 40.891 21.160 132,781 649,593 782,374 46,921 621835 675,7S6 Share ol support costs lseè note 81 Share of 90mart(e costs Isee note 81 125,737 23.526 149.263 SO.191 114,322 164.513 S,691 5.691 4,763 67 4.830 25a51 678,810 937,328 101.875 743.224 845,099 An•lysis by lund unstrIcted funds Restricted fvnds 258,518 258,518 678,810 101,875 101,675 743.224 678,810 743,224 258.518 678,810 937,328 101,875 743,224 845.099 -27-
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2024 Support <osts Support Go¥ernaTrce 2024 Support Governance Costs costs 2023 Staff costs Depreciation Bank Charges General &xpenses Insuiancè Moior Vehide Expenses Accountancy Fees Telephone Volunteer Expenses Priniing, Stattonery & Postage IT & W•bsit• Costs Subsciptions Audit fees L•g•l Ind prof•ssion•l 68.230 3.583 sio 8,777 4,796 19.788 11,183 12,543 1,687 68.230 3,583 510 8,777 4,796 19.788 11,183 12,543 1,687 117.859 4,198 332 6,858 1,855 4.763 122,622 4,198 332 8S8 1,85S 5,350 9,743 1.497 5.350 9.743 1.497 2,704 13,B47 1,615 2,704 13,847 1.61S 4,200 1,491 4,566 11.57S 680 4.566 11,57S 680 4,2C 1,491 67 67 149,263 5.697 154,954 164,513 4.830 169,343 AnJty5ed befvleen Charilable activities 149.263 5,691 154,954 164.513 4,630 169.343 N•t rnovem•N¢ In h•nds 2024 2023 The net movement in fvnds is stsied •fter thargingllcreditin91: Fees payabl¢ for the audit ol the charity's financial statemen15 Depreciation of owned tangible fixed assets 4,200 3,799 4,198 10 TfUSt•*s None ol the Trustee5 lor any persons conneaed with ihernl CeiVed any remuneration or benefits from the Charity dun9 the year.
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Employees The average monthly nUrnr Of employees durirt9 the yeaf W8& 2024 Number 2023 Nurnber 18 18 Employm•nt ¢osts 2024 2023 Wages and salaries SocTr•l security cos Other penslon costs 502.419 42,879 28,342 434,114 39,579 2&265 573,640 499.958 The key mana9ement pèrsonnel of the charity cornpri5es the Trusiee5 and the senlor Ma9ement team. Tot•1 remun¢r•tion lor senior mJna9ement personnel in th yeaf was £202,303 12023.. £185,576). No Pmployèt rectived remuneration of mofe than £60,CI)O during the y••r12023 - Nill. 12 TaJratl( The charty Is ¥empt from taxation on its activities because all its Incorne applied lor tharitable purposes.
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE Y£4R ENDED 31 MARCH 2024 13 Tanglbl• fix•d •swts FkntyJfw ••d Cgmp¥tv¥ 7ot•l Cost At 1 April 2023 Additions 9,419 7.414 26,045 4,S66 35.464 11,980 At 31 March 2024 16,833 30,611 47.444 D•pr•d•tFon and Imp•lrm*nl At 1 April 2023 Depreciation ctrknirged in the year 9,419 1,441 24.341 2.358 33,760 3,799 Ai 31 March 2024 10,860 26,699 37.559 Cirrylng amount At 31 March 2024 5,973 3,912 9,885 At 31 Mirch 2023 1,704 1,704 14 Llebto 2024 2023 Amounts lalllftg du• wlthin on• yèar. Tride debtors Oiher debtors Prepayments and accrued income 4,539 894 90,926 352 10.346 11&287 96,359 12&985 15 Loans and ovenlr•fts 2024 IQ23 Loan from pension lund 3,391 3,048 Payable within ofte y•ar 3,391 3.048 -30-
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUÉD) FOR THE YEAR ENDED 31 MARCH 2024 1S Loans •nd overdrafts (Continued) 16 Credilor&' amounts l•lling withln one year 2024 2023 Pensions Payable Other tsxation and ¢1#1 security Defened incom• rrade creditors Other creditors Accru•15 3,391 14,1162 80,178 19,276 1,343 4,801 17 94,734 29,992 7.114 4,201 123.051 133,089 17 D•l•rnd In¢om• 2024 2023 Arisin9 from D¢feired Income 80,178 94,734 Def¢ed income is induded in the flnancial statements as lollows.. Opening 8alance Released During the Year Arisin9 Ourrng the Year Closing 8alanc+ 4.734 194.7341 0,178 80.178 31
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEOI FOR TAIE YEAR ENDED 31 AURCH 2024 11 R•llr+O•d fvndi Th• 1•stdciid fvnds ol the ch•rfly compih• the Unt¥yed b•n(li ol drwthJn5 •Thd gr iTrJsi svbiKi io 5pe£lllc cond11nI ty donyr5 15 to hovj Ihty miy èe uied. MD¥rtt lft fundi MMrnM¢ In fvndb ll(•1 Pub1it Hollth Ag•r(y So(141 Fifmin9 P(F R•silven¢e So Eryty• •n4 So Eng49• Pbj RBM fy LFT Fur Flim K•y Slll NFU Tht busln¢¥ •[ F41ml NFU Coun5dlrf FV9h on Lil• NFU Al Cld•f P*Mon 4,7 07.3Z? 76,975 2S.545 1257 89.033 ie82 3th136 120,e701 16.1821 1S,OY41 149.0151 115.ORO) 1318951 12.7S91 9,094 10.151 9.lJO 4,033 15.020 1Q974 92.878 Z6,285 Is, 9&$2Q 1102,4931 110, 170 4.810 630 1630) 15.440) 114.4441 16 Dorm•nt Accounts MAklng t•K di1•1 Revj¥ity Rr•I Choir PCF Gr•nt ElYw•te Pl1•mm Corq (J,6211 49,367 3.160 15.0 4,0 234.711 159.JOI) %922 11,340) 15 1685 230.652 14.6851 (2JO,6521 11.0001 111,299J
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YE4R ENDED 31 AIARCH2024 11 l•rtdrl•d kndi 32,054 791355 (75Q1411 21408 167QJ70) 9.911 11,6121 RISt¢t•d fvndi O•lkh •5 11 J1 M•Fth 2024 to hmdlng wriny•ments Ind v• opv•lry ¥*Sthln
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Unrestrkted lunds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are nol subject to specific conditions by donofs and grantors as to how they may be used. These indude desi9naEed hjnds which hav• been sèt aside out of unrestricted hJTrds by the trustees lor specifi< purposes, At 1 Apnl 2023 In¢Omlng rqsource5 Tr•nsler5 At J1 Marrh 2024 exponded Gera1 fiJnds 239.969 258.961 125&S181 19.922} 230,490 Pr•vloui ye•r Ai 1 Awil 2021 Inmming resou•S ReAOUfC Tranrf•rs At 31 M•rch 1023 G•neral funds 246,394 42,560 1101,8751 51890 239,969 20 An•tyJli ol n•t •sMts betw••n lunds Unfthrl¢ted lunds 2024 R•itrlct•d fvnds 2024 Totsl 2024 Al 31 March 2024: Tangible assets Current assets/(Ilabilibe51 9,885 220,605 9.885 214983 11,6221 230,490 11,6221 221868 Uthrertrlcted R•gtrkt•d lunds nd5 2023 2023 Tvt•l 2023 At 31 March 2023.. Tangible assets (rn1 a$5etslOiabilitie51 1.704 238,265 1.704 260,673 22.408 239.969 22.4Q8 262.377
RURAL SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MARCH 2024 21 Rel•ted party tran(tIOn# In 2021122 Rural Support has 9ranted a 48 monih loan of £19,100 to an ernployee. Interest was basèd on the HMRC Annual Interest Rate, bèing 2%. The loan was lully repaid during 202¥24 and the balance •1 year end was £Nil. There were no othéi related paty bèlonces in 2023A4. 22 C•sh 9onèrnted Ifom opetitlons 2024 2023 D•ficit for th• y•ar 133,5091 116,0711 Adj$¢mentS lor. Depreciation and irnp•irment of tsngible fixed •ssets 3.799 4,798 Movements in worklng c•pital.. Decrease in debtors Increase In creditors IDe¢re•sel in delerred in¢om* 30.626 41.175 114,S561 9.342 3,108 165,8531 C•sh •bsorb•d by op•r•tlon¥ (9,4651 (63.2761 23 An•lys15 of ch&ng•s In n•t funds At l ?> 31 Mar 2024 Cash at bank and in hènd 266,777 121.1021 245,675 Loan5 lalling due within one year 13.0481 13431 13.3911 263,729 121.4451 242,284 -35-