CHARITY REGISTRATION NUMBER: 102758 Lisburn PSP Financial Statements 31 March 2023
Lisburn PSP Financial Statements Year ended 31 March 2023 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities statement of financial position 10 Notes to the financial statements 11
Page 1 Lisburn PSP Trustees. Annual Report Year ended 31 March 2023 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2023. Refence and administrative details Registered charity name Lisbum PSP Charity registration number 102758 Princlpal office 126 Grand Street Lisburn Co. Antrim BT27 4UE The trustees MrA Bird Mrs A Bird Mr F Ferris Mr D Paisley Mr S Lyness Mr N Fyfe Mr E Philips Ms T Mccormick Independent examiner Johnston Graham Limited 2161218 Holywood Road Belfast BT4 1PD
Page 2 Lisburn PSP Trustees. Annual Report(¢ontinued) Year ended 31 March 2023 Structure, governance and management Lisburn PSP is governed by a management committee and trustees who oversee the work carried out by the organisation. Lisburn PSP is an unincorporated association registered as a charity with the Charity Commission Northern Ireland. Lisbum PSP engage with Inter Agency forums including PCSP Community Safety Forums. Governing Document Lisbum PSP was constituted in October 2006 as an unincorporated association and registered with Charity Comrnission in August 2015. having been registered as a charty with HMRC. Recruitment and Appointment of Management Committee Management Committee are appointed at Annual General Meetings. overseen by Lisburn Castlereagh City Council. Management Committee are representative of the communtties and interest groups targeted by Lisbum PSP. Training for members Management Committee adhere to "Fit for Purpose. whereby all members sign up to induction sessions and training. Risk Management Lisburn PSP follows a policy of risk management which is designed to identify, quantify, manage and then monitor those things, events or a¢tions which could lead to a failure of a project. The organisation has an internal risk assessment process that involves four continuous stages: Identification.. the project identifies risks which can be managed. Quantification: this involves assessing the severity of the risk to priortise those it will manage.- Managing and responding- this involves establishing a course of action that will address the risk.- Monitoring and controlling the risk: the project has a sub group which works to identify and deal with risks. There is an intemal notification process for dealing with problems. The management committee and trustees are always aware of serious risks to a project. Related Parties Lisburn PSP is a member group of The Resurgam Community Development Trust Strategic Aims Lisburn PSP is a Community owned and community led organisation which aims to bring about long tem social. economic and environmental change within deprived communities in Lisburn through creating greater levels of collaboration and partnership working beeen Gommunities, creating the conditions to attract investment and Ènable local organisations to address a myriad of challenges that impact their quality of life. Lisburn PSP aims to support Good Relations through challenging sectarianism and rascism, developing respect for diversity and building the capacity of interdependent groups. Lisburn PSP management are committed to a 'Shared Society, which has underpinned our organisational change model to promote safe communities. Lisburn PSP believe they can provide models of best practice that can be disseminated to realise these priorities including work targeted through youth, reconciliation and safe environments. Lisburn PSP believe they can create safe communities.
Page 3 Lisburn PSP Trustees. Annual Report fcontinued) Year ended 31 March 2023 Objectives and activities To maintain an effective Management Committee of committed people representative of community and community based tsrget groups, ensuring that there is the range of skills and experience required. To seek funding to secure premises and project costs. - To carry outcommunity audits and respond to need. To set up a pool of volunteers consisting of interested individuals who will be prepared to work voluntarily with the LPSP framework. To determine and organise appropriate courses so that Lisbum PSP can work more effectively for the benefit of target groups. - To maintain charitsble objectives and good govemance. Activities Lisbum PSP manage groups and projects through promoting a model of organisational change by Co-ordination of activity and delivery of programme5 including Peacebuilding and Community Safety with a focus on inclusion of marginalised groups including Women, Minority Ethnic Groups, Older People, Disengaged Youth. Project oversight and management included= - Community Safety Volunteers (Lisbum SAFE) - The Welcome Project Youth Provision (EANI Outreach Support by Lisburn SAFE volunteers) Peacebuilding (T-BUC, Good Relations and Community Relations) Social Enterprise Support {SeNo Contract Services) Older People (Lisburn PSP supports the delivery of services for older people through Lisnagarvey Friendship and Support Group. including Men's and Hen's Sheds) The project works directly with organisations who support these activities in¢luding.' Lisburn Caslereagh PCSP Resurgam Youth Initiative Outreach Team (Education Authority Youth SeNices)- South Eastern Trust Health Development Team Public Health Agency Lisburn Castlereagh City Council Good Relations and Community Planning- The Resurgam Community Development Trust Resurgam Healthy Living Centre (Social Prescribing., Community Fridge)
Page 4 Lisburn PSP Trustees. Annual Report {continuedJ Year ended 31 March 2023 Early Intervention Lisburn (Connected Minds) The groups targeted for organisational change include those for whom Lisburn PSP provides direct management for and include= Women. Women continue to provide leadership within communities and continue to require support to re*ngage in the employment market following the legacy of the confiict which has left issues facing women including poor health and educational outcomes and building good relations with others. Women are working to establish their role in community through reimaging estates through support from Lisburn Castlereagh City Council and Northern Ireland Housing Executive. Youth. Lisburn PSP continue to work with young people who are affected by political instability. Lisbum PSP provides direction and education through interventions based on identified needs including Youth Justice Agency and TBUC research which highlights lack of understanding suspicion. Lisburn PSP have facilitated political debates beeen young people and politicians. Lisbum PSP support youthwork to take place beeen T-BUC communities by participating and mentoring young people in Living Libraries with groups including CNR and ME. Ex-PrisonerslCombatantslServicemen. Lisbum PSP continue to represent this group and their families, reaching South Belfast, South Down and North Armagh, wifhin regional structures that identify needs which if addressed, sustsins peace and improves transformation. Minority Ethnic Groups - Lisburn PSP oversees The Welcome Project which targets the Minority Ethnic Groups and Newcomer communities including Asylum Seekers and Refugees through development of support and research into continuing needs of a changing community. Lisburn PSP has found that when issues are addressed, families will remain in Northern Ireland and support the economy through local employments. Lisburn PSP and The Welcome Project deliver ServIS from the Welcome House, a City Centre social enterprise unit. Community Safety Volunteers - Lisburn PSP has utilised a volunteer framework which is recognised through Lisburn Castlereagh PCSP and PSNI as a model of good praGtice to deliver and support community safety interventions at a local level. Lisbum SAFE was central to C-19 interventions with some 34,000 people at risk in target communities supported throughout the period. Social Enterprise - Lisburn PSP has experience of management of several social enterprises and is currently making a difference in terms of altemative finance in communities and sustainable actions, focusing on young people and unemployed. Lisbum PSP are involved in discussions with Housing Providers to create a model of Property Management which will utilise the Lisburn SAFE model and link in other SE and Community initiatives as part of a wider Community Led Housing Model. Older People - Lisburn PSP supports the delivery of services for older people through Lisnagarvey Friendship and Support Group, including Men's and Hen's Shed. This work has seen the development of land leased to Lisnagarvey Men's Shed to create Gommunity gardens, honeybees, shared spaces and local friendship groups participating in activities from Boccia Bowls to creative arts projects. In setting our objectives and planning our activities for the year, the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries.
Page 5 Lisburn PSP Trustees. Annual Report (continuedj Year ended 31 March 2023 Achievements and perfomiance Lisburn SAFE delivered a community safety seNice based upon a coordination of volunteers within five communities and a total population of 10,000. During period of C-19 restrictions. Lisburn SAFE delivered interventions in Community for those most at risk. Lisburn SAFE continues to receive support from Lisbum Castereagh Police and Community Safety Partnership and Northern Ireland Housing Executive to deliver interventions and raise awareness of Community Safety with outcomes associated with". Reduce Crime., Fear of Crime & Anti Social Behaviour; Visual Presen. Communty Drop-ln: Best Practice,. Volunteer support including- Training and Support Systems,. Recording Systems., Peer Supervision. Support for volunteers in the Community Fridge and Camarado Room. Lisburn SAFE volunteers support this project through manning the space, delivering and Collecting from supermarkers and produding and delivering hampers or food packs. Support for community groups who are underrepresented including LGBTQi+ Allies and Newcomers including Refugees and Asylum Seekers. L1SnagaeY Men's Shed continue to link in with community spaces and Age Friendly initiatives including community gardening, creative arts and Beekeeping for harvesting honey. Lisburn PSP published the Men's Shed '52 Weeks in Lockdown. which is recipes cooked, in centre and via Zoom, during Lockdown. Welcome House continued to deliver work with Lisbum PSP supporting the work of the Welcome Project in tackling issues within community, including Hate Crime associated with Minority Ethnic Groups and supporting those Newcomers in Lisburn City. Lisburn PSP have consistently delivered Good Relations and Community Safety contracts for local and central government and are pioneers in peacebuilding and conflict transformation. Lisbum PSP Continue to share their model of transformation, highlighted in the published 'Social History. Our Community Transformation - From Conflict to Peace Impact - The community has well developed social assets. - The ¢ommunity is a stable and safe pla to live. - There is a positive community identity. Community is able to attract investment and develop economic sustsinability and resilience.- Community has access to services to meet its needs. Potential Funding Lisbum PSP continue to seek contracts and funding from local and central govemment as well as trust and voluntary organisations. Lisburn PSP deliver contracts for statutory providers and will continue this work, especially targeted at Community Safety and Health and Wellbeing. Lisbum PSP continue to fundraise at a local level with a consistent level of finance secured annually through social events, ballots and sponsorship. Lisburn PSP main funding is for Community Safety and Community SupporL
Page 6 Lisburn PSP Trustees. Annual Report (continued) Year ended 31 March 2023 Financial review Incoming resources for the period totalled £50,046 (2022 £80,156). Expenditure on charitable activities was £53.939 (2022 = £60,992) with a resultant deficit of £3,913 and total unrestrided reserves at 31 March 2023 of£31,229. Reserves Lisburn PSP policy on reseNes is to hold sufficient resources to continue the charitable activities of the group should income and fundraising activities fall short. The Management Committee considers that the group should hold a sum eqLSivalent to 3 months running costs. Plans for future periods One Year Key Targets to Work Target areas of work include.. - Men's and Hens Shed: Men's Shed project continue to harvest Honeybees and maintain the MMunity garden and farm at the target communities including River Lagan and Hillhall and Hilden. Cultural and heritage work continues with Lisburn Museum and Good Relations Stakeholders. Hens Shed has identified needs of women in the target communities and they will shadow the Men's Shed type activities of forming and gaining an identity followed by some project work, including arts. Youth Development - Lisburn PSP supports youth work in T-BUC delivery and Outreach through Community Safefy volunteers from Lisburn SAFE. Older People - Maintenance of Lisnagarvey Friendship and Support Group including ensuring they are looked after by interventions including Hardship Funds, Warm Packs, Befriending and Emergency Food Packs. Lisburn PSP will be central to the delivery of Good Relations programmes targeting all member groups including: Welcome Project - Lisburn PSP oversees the work of the Welcome Project - work with Newcomers including Asylum Seekers and Refugees, 'Others' including local community and Minority Ethnic Groups- including representation on their management committee. The Good Relations Hub in Bridge street's Welcome House is a shared space for project work and signposting. Ex-PrisonerslCombatantslServicemen Continued support for Peacebuilding initiatives including Fresh Start, PEACE PLUS, Good Relations programmes, Community Relations. Volunteers - Support for Lisburn SAFE Community Safety volunteers including Lisbum Castlereagh PCSP and Northern Ireland Housing Executive. Community development - Support for volunteers in the Community Fridge and Camarado Room. Support for community groups who are under represented including LGBTqi+ Allies and Newcomers including Refugees and Asylum Seekers. Social Enterprise Support for social enterprÉses, incubation hubs and young entrepreneurs. including Lisnagarvey Beekeepers Association Honeybees harvests. Youthbank Cycle Tours and Angling Club, Provision of Event Management and Security for social enterprises. Development of services in the Welcome House, a social enterprise Good Relations Hub. Development of property management model with Housing Providers.
Page 7 Lisburn PSP Trustees. Annual Report(continuedJ Year ended 31 March 2023 The trustees, annual report was approved on 2 February 2024 and signed on behalf of the board of trustees by: Mr A Bird Trustee
Page 8 Lisburn PSP Independent Examiner's Report to the Trustees of Lisburn PSP Year ended 31 March 2023 I report to the trustees on my examination of the financial statements of Lisbum PSP ('the Charity,) for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northem Ireland) 2008 (the '2008 Acfl. You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination. I report in respect of my examination of the charity's financial ststements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northem Ireland under section 65{9)(b) of the 2008 Act. Independent examinerfs statement I have completed my examination. I confimi that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect-. accounting records were not kept as required by with section 63 of the 2008 Actr or the financial statements do not accord with those records", or the financial statements do not comply with the accounting requirements ofthe 2008 Ac( or the financial statements do not comply with the applicable requirements conMIng the form and content of accounts set out in the Charities {A¢¢ounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. E Mulholland On belhalf of Johnston Graham Limited Independent Examiner 2161218 Holywood Road Belfast BT41PD
Page 9 Lisburn PSP Statement of Financial Activities Year ended 31 March 2023 2023 Restrtcted funds Total funds Total funds 2022 Unrestrtcted fvnds Note Income and endowments Donations and legacies Charitable activities 6,600 10,983 17,583 6,600 43,446 7,068 53,088 32,463 32,463 Total income 50,046 60,156 Expenditure Expenditure on charitable activities Total expenditure 21,496 32,463 53.959 53,959 60,992 60,992 21,496 32,463 Net expenditure and net movement in funds {3,913) (3.913) (836) Reconciliation of funds Total funds brought fojward Total funds carried forward 35,142 31,229 35,142 31.229 35,978 35,142 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notss on pages 11 to 15 fomi part of these financial statements.
Page 10 Lisburn PSP Statement of Financial Position 31 March 2023 2023 2022 Note Current assets Debtors Cash at bank and in hand 11 41,304 23,834 44,973 35,217 65,138 80,190 Creditors: amounts falling due within one year Net current assets 12 33,909 45,050 35,140 35,140 35,140 31,229 Total assets less current liabilities 31.229 31,229 Net assets Funds of the charlty Unrestricted ndS 31,229 31,229 35,142 35,142 Total charity funds 13 These financial statements were approved by the board of trustees and authorised for issue on 2 February 2024, and are signed on behalf of the board by-. O 13,"J MrA Bird Trustee The notes on pages 11 ta 15 fo part of these financial statements.
Page 11 Lisburn PSP Notes to the Financial Statements Year ended 31 March 2023 General information The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principal office is 126 Grand Street, Lisbum, Co. Antrim, BT27 4UE. statement of compliance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordan wh the FinanGial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through incorne or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Disclosure exemptions The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such. advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. Judgements and key sources ot estlmation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of fijture events that are believed to be reasonable under the circumstances. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted ftjnds earmarked by the twstees for particular fvture project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-dasses.. restricted income funds or endowment funds.
Page 12 Lisburn PSP Notes to the Financial Statements (continued) Year ended 31 March 2023 Accounting policies (continued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income= income from donations or grants is recognised when there is evidence of entitlement to the gift, retsipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and ServIS are recognised in the accounts when received if the value ¢an be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the Contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expendtture on raising funds includes the Costs of all fundraising activities. events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitsble aims for the benefit of its beneficiaries, including those support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories refiecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apporttoned belween the activities they ¢ontribute to on a reasonable, justifiable and con515tent basis. Donations and legacies Unrestricted Totsl Funds Unrestricted Total Funds Funds 2023 Funds 2022 Grants Donations Fundraising Income 300 6,300 6,600 300 6,300 6,600 200 6,868 7.068 200 6,868 7.068
Page 13 Lisburn PSP Notes to the Financial Statements (¢ontinued) Year ended 31 March 2023 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2023 LCCC NIHE Other Good Relations Ulster Scots 31.543 31,543 6,000 4,983 6,000 4,983 920 920 10,983 32,463 43,446 Unrestricted Funds Restricted Total Funds Funds 2022 LCCC NIHE Other Good Relations Ulster Scots 21,209 21,209 8,016 6,692 17,171 8.016 4,376 2,316 17,171 12,392 40,696 53,088 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2023 LCCC Other Good relations 9.297 12,199 11,5 20,840 13,119 20 21,496 32,463 53,959 Unrestricted Funds Restricted Total Funds Funds 2022 LCCC other Good relations 21,209 2.316 17,171 21,209 22.612 17,171 20,296 20,296 40,696 60,992 Expenditure on charitable activities by activity type Activtties undertaken Total funds directty 2023 Totsl fund 2022 LCCC Other Good relations 20,840 13,119 20,000 20,840 13,119 20,000 21,209 22,612 17,171 60.992 53,959 53,959
Page 14 Lisburn PSP Notes to the Financial Statements (continued) Yearended 31 March 2023 Independent examination fees 2023 2022 Fees payable to the independent examiner for.. Independent examination of the financial statements 758 695 Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2023 2022 Wages and salaries 29,2S7 38,633 The average head count of employees during the year was 2 (2022: 2). The average number of full-time equivalent employees during the year is analysed as follows: 2023 2022 No. Number of staff No employee received employee benefits of more than £60,000 during the year {2022'. Nil). 10. Trustee remuneration and expenses No rernuneration or other benefits from employment with the charity or a related entity were received by the trustees. 11. Debtors 2023 2022 Other debtors 41,304 44,973 12. Creditors: amounts falling due wtthin one year 2023 2022 Accnjals and deferred income Other creditors 18,046 15,863 19,629 25,421 45,050 33,909
Page 15 Lisburn PSP Notes to the Financial Statements (continued) Year ended 31 March 2023 13. Analysis of charitable funds Unrestricted funds At 31 March 202 At 1 April 2022 Income Expenditure General funds 35,142 17,583 (21,496) 31,229 At 31 March 202 At 1 April 2021 Income Expenditure General funds 35,978 19,480 <20,296) 35,142 Restricted funds At 31 March 202 At 1 April 2022 Income Expenditure Restricted Fund 32,463 (32.463) At 31 March 202 At 1 April 2021 Income Expenditure Restricted Fund 40,696 (40,6961 14. Analysis of net assets between funds Unrestricted Total Funds Funds 2023 Current assets Creditors less than 1 year Net assets 65,138 (33,9101 31,228 65,138 {33,910) 31,228 Unrestricted Total Funds Fund5 2022 Current assets Creditors less than 1 year Net assets 80,190 (45,048) 35,142 80,190 (45,048) 35,142