HOPE MAGHERAFELT Statement of Financial Activities For the year ended 31¥t December 2022 Unrestricted Restricted Income 2022 Funds 2021 Funds Note Income and Endowment from.. Donations Charitable Activities Other Trading Activities Investments Material item of Income Other 25279 25279 81181 26038 77509 81181 Total 25279 81181 106460 103547 Expenditure on. Raising Funds Charitable Activities Other Trading Activities Other 4434 14227 4434 72336 4912 80734 58109 8639 3085 11724 10070 Total 27300 61194 88494 95716 Net Income before Tax Tax Payable -2021 19987 17966 7831 Net Income after Tax -2021 19987 17966 7831 Extraordinary Items Transfers between Funds Net Movement in Funds -2021 19987 17966 7831 Reconciliation of Funds Funds brought forward Totsl Funds 14426 12405 46801 66788 61227 79193 53396 61227 7of18 HOPE MAGHERAFELT Balance Sheet For the year ended 31st December 2022 Unrestricted Restricted Income 2022 Funds 2021 Funds Note Fixed Assets Intangible Assets Tangible Assets Heritage Assets Investments Other 7702 7702 10538 Total Fixed Assets 7702 7702 10538 Current Assets Stock Debtors Investments Cash at Bank and in Hanc 13654 59410 73064 53581 Total Current Assets 13654 59410 73064 53581 Creditors: amounts falling due within one year 1250 324 1574 2893 Net Current Assets 12404 59086 71490 50688 Total Assets less Current Liabilities 12404 66788 79192 61226 Creditors: amount falling due after one year Total Net Assets 12404 66788 79192 61226 Funds of the Charity Restricted Income Funds Unrestricted Funds 66788 66788 12405 46801 14426 12405 Total Funds 12405 66788 79193 61227 8of18 HOPE MAGHERAFELT Statement of Financial Activities For the year ended 31 st December 2022 The Company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the Company to obtain an audit in accordance with s476 of the Companies Act 2006 The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP. Signed by two Trustees on behalf of the Trustees Date: 5th July 2023 9of18 HOPE MAGHERAFELT Notes to the Accounts For the year ended 31S¢ December 2022 Note 1 Basis of preparation 1.1 Basis of Accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with". the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 st January 2015). The charity constitutes a public benefit entity as defined by FRS 102. Assets and Liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). 1.2 Change of Accounting Policy The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note {1.1}. 1.3 Incoming Resources All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. 1.4 Resources Expended Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to expenditure. 10of18 HOPE MAGHERAFELT Notes to the Accounts For the year ended 31 st December 2022 Note 2 Income Analysis of income Unrestricted Restricted Income 2022 Funds 2021 Funds Donations and Legacies: Donations and gifts Gift Aid Membership subscriptions Other Total 25279 25279 26038 1869 25279 25279 27907 Charitable activities.. Grants Received Food Bank Independent Local Twsts Total 39429 9902 31850 81181 39429 9902 31850 81181 57126 3514 15000 75640 Other trading activities: Cafe Other Total Income from Investments.. Interest income Rental and leasing incomE Other Total Separate material Income. Subscriptions and Room Hire Other Total Other.. Other Total Total Income 25279 81181 106460 103547 11 of18 HOPE MAGHERAFELT Notes to the Accounts For the year ended 3181 December 2022 Note 3 Expenditure Analysis of expenditure Unrestricted Restricted Income 2022 Funds 2021 Funds Expenditure on raising funds Incurred seeking donation Incurred seeking grants Rent and Insuran Light, Heat and Power Repairs Other Total expenditure on raising funds 680 2512 1242 680 2512 1242 658 971 3283 4434 4434 4912 Expenditure on charitable activities Wages and Salaries Donations and Gifts Specific Activities Costs Facilitatorslvolunteers Other Total expenditure on charitable activities 14227 20527 34754 40651 25937 13299 687 160 37311 271 37311 271 14227 58109 72336 80734 Expenditure on other trading activities Wages and Salaries Purchases for Trading Total expenditure on other trading activities Other Motor and Travel ExpensE Administration Expenses Other Expenses Depreciation Capital Purchases Total other expenditure 1368 5073 2198 1368 5323 2198 2835 1190 5625 420 2835 250 2835 8639 3085 11724 10070 Total Expenditure 27300 61194 88494 95716 12of18 HOPE MAGHERAFELT Notes to the Accounts For the year ended 318t December 2022 Nots4 Details of certain types of expenditure Note 4.1 Fees for examination of the accounts 2022 2021 Independent examinerfs fees 1250 1250 Note 5 Paid employees 5.1 Staff Costs 2022 2021 Salaries and wages Social security costs Pension costs Other employee benefits Total staff costs 32087 2347 320 38161 2115 375 34754 40651 No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 5.2 Average head count in the year 2022 Number 2021 Number The parts of the charity in which the employees work Fundraising Charitable Activities Governance Other Total 13of18 HOPE MAGHERAFELT Notes to the Accounts For the year ended 318t December 2022 Note 6 Tangible fixed assets 6.1 Cost or valuation Freehold Other Land and Land and Buildings Buildings Motor Fixtures Vehicle Fittings and Equipment Total At the 1st January 2022 Additions Revaluations Disposals Transfers . At the 31st December 202: 14162 14162 14162 14162 6.2 Depreciation and impairments 200/0 SL At the 1st January 2021 Disposals Depreciation Impairment Transfers" At the 31 st December 202: 3624 3624 2835 2835 6459 6459 6.3 Net book value Net book value 31112122 7703 7703 Net book value 31112121 10538 10538 6.4 Impairment NIA 6.5 Revaluation NIA 6.6 Other Disclosures (l) Borrowing Costs (li) Contractual Commitments (iii) Assets are owned out right and have no pledged security. NIA NIA NIA 14of18 HOPE MAGHERAFELT Notes to the Accounts For the year ended 31" December 2022 Note 7 Creditors and accruals 7.1 Analysis of creditors Amounts falling due within one year Amounts falling due after more than one year 2022 2021 2022 2021 Building Fund Bank loans and overdrafts Trade creditors Payments received on account Accruals and deferred income Taxation and social security Other creditors Total 1250 324 1250 1550 93 2893 1574 7.2 Deferred Income Movement in deferred income account 2022 2021 Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period Note 8 Cash at Bank and in Hand 2022 2021 Short term cash investments Short term deposits Cash at bank and on hand Other Total 73064 73064 53581 53581 15of18 HOPE MAGHERAFELT Notes to the Accounts For the year ended 3181 December 2022 Note 9 Transactions with trustees and related parties 9.1 Trustee remuneration and benefits Name of trustee Amounts paid or benefit value 2022 2021 Salary Pension Other Total 9.2 Trustees. expenses 2022 2021 No trustee expenses have been incurred. Type of expenses reimbursed Travel Subsistence Accommodation Telephone and Internet Total 9.3 Transaction(s) with related parties There have been no related party transactions in the reporting period. 16of18 O)O¢OOG)No cor 51- 000000000 000000000 0￿0)0 to)￿0)CO￿O)r4 ¢J)ot- a)OOOfDONCQO CVO(OG)000 tncvj in str I Ii- *a)o- Incofoco co LD mo)oo rojn 00000 000 00000 000 LN a) oiTro LNMfDCQ OrOO *ino o>a) oa) Cq Ln ¢n￿-(￿n0 0￿)0 coo to cou) J Cctf ccr£ I￿￿