Charity number: NIC 102820 HANNAHSTOWN COMMUNITY ASSOCIATION UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
HANNAHSTOWN COMMUNITY ASSOCIATION CONTENTS Page Reference and admlnlstratlve detalls of the charity, its Trustges and adviser$ Trustees. report Independent examlner's report Statement of financial activities Balance sheet Notes to the financial ststements 8-17 The following pages do not form part of the statutory financial statements= Charlty Oetalled Income and expendlture account and summaries
HANNAHSTOWN COMMUNITY ASSOCIATION REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2022 Trustees JIM M¢Cormick, Trustee Jim Ferguson, Trustee John McQui118n. Trustee Charity registered number NIC 102820 Principal olC9 23 Hannahslown Hill Belfast BT17 OLT Accountants Miscampbell & Co Chartered Accountants 6 Annadale Avenue Belfast BT7 3JH Bankers First Trust Bank 36 University Street Belfast BT7 1NH Page 1
HANNAHSTOWN COMMUNITY ASSOCIATION TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2022 The Trustees present their annual report together with the financial ststements of the charity for the 1 July 2021 to 30 June 2022. Objectives and activities a. Policies and objectives In setting objectives and planning for aclivilies, the Trustees have given due consideration lo general guidance published by the charity commission relab'ng to public benefit. b. Adivltles undertaken to achieve objectives The Association was set up to promote and improve the position of the inhabitants of the Hannah51own area of County Antrim. c. Main activlties undertaken to further the charity's purposes for the public benefit The charity has a number of user group activities running, the major ones are Surestart, Gymnast and Ju-Jitsu. The charity will continue to undertake these acts'vilies to achieve its purposes for the public benefit A¢hievements and perfomiance a. Main a¢hievements of the Charity The centre Continued to provide facilities for all the community and during the year hosted several major schemes. Flnan¢ial revlew a. Going concem After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate reSoUrS to continue in operational existence for the foreseeable future. For this reason. they continue to adopt the going concern basis in preparing the financial statements. Further details regardin9 the adoption of the going concern basis can be found in the accounting policies. b. ReseTVgS poIIcy Unrestricted reserves which have not been designated for a particular purpose, should be maintained al a level to ensure that in the event of a significant drop in funding. will enable them to continue the charitys current activities while consideration is given lo ways in which additional funds may be raised. Structurgj governance and management Page 2
HANNAHSTOWN COMMUNrrY ASSOCIATION TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2022 Structure. governance and management {contlnuedl Constitution Hannahstown Community Association is a registered charity, number NIC 102820. and is constituted under a Trust deed. The Conslilulion of the Charity states that the affairs of the Charity are to be directed by the committee which consists of all the seNing trustees. b. Methods of appolntment or electlon of Trustees The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. All full members are eligible to be nominated as a committee member,. applications must be in writing and presented lo the Honorary Secretary al least seven days before the Annual General Meeting. Plans for future periods We are hoping to continue lo promote the Association and to develop our cross-community links. Funds held as custodian No funds were held as custodian during the year. Slatement of Trustees. responsibilities The Trustees are responsible for pparIng the Trustees. report and the financial statements in accordance wth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}. The law applicable to charib'es in Northern Ireland requires the Trustees to prepare financial stalemenls for each financial which give a true and fair view of the slate of affairs of the charity and of its incoming resources and applicab'on of resources, including ils income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. sele¢t suitable accounting policies and then apply them consistently.. observe the methods and principles of the Charities SORP IFRS 1021., make judgements and accounting eslimales that are reasonable and prudent., stale whether applicable UK Accounting Stsndards IFRS 1021 have been followed. subject to any material departures disclosed and explained in the fr'nancial slalements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Irelandl 2008. the Charities (Accounts and Reports) Regulations (Northern Ireland} 2015 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 3
HANNAHSTOWN COMMUNITY ASSOCIATION TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2022 Approved by order of the members of the board of Trustees and signed on their behalf by.. John MCQU Trustee lan Dale.. 13 cember 2022 Page 4
HANNAHSTOWN COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2022 Independent examlneVs report to the Trustees of Hannahstown Community Association report on the financial statements of the chanty for the year ended 30 June 2022 which are set out on pages 6 to 17. Respective responslbllltles of charlty Trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibilty to.. examine the accounts under section 65 of the Charities Act., follow the procedures laid down in the general DireGlion$ given by the Commission under Sectn 65(9){bl of the Charities Act,. and slate whether particular matters have Come to my attention. Basls ol Independent examiner's statement I have examined your charity accounts 8s 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 6519llbl of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity tru51ees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. that accounting records were not kept in accordance with section 63 of the Charities A¢t', that the accounts do not accord with those accounting records., that the accounts do not comply with the accounting requirements of the Charities Act., that there is further information needed for a proper understanding of the accounts to be reached. Independent exarninerfs statement I have completed my examinats'on and have no concems in respect of the matters111 to141 listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attentiori. Signed.. Jonathan Bethel FCA Dated.. 13 December 2022 Miscampbell & Co Chartered Accountants 6 Annadale Avenue Belfast BT7 3JH Page 5
HANNAHSTOWN COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022 Unrestricted funds 2022 Restrlcted funds 2022 Total funds 2022 Total funds 2021 Note Income from: Donations and legacies Charitable activities Investrnents 33,577 24,615 21.328 54.905 24,615 32,394 3.095 12 Total income 58.195 21,328 79,523 35,501 Expenditure on: Charitable activities 41,042 558 41.600 26,844 Total expenditure 41,042 558 41,600 26,844 Ngt movement In funds 17.153 20.770 37,923 8,657 Reconciliation of funds: Total funds brought forward Net movement in funds 76.197 17.153 76,197 37,923 67,540 8,657 20.770 Total funds carried forward 93,350 20.770 114,120 76, 197 The Ststemenl of financial activities includes all gains and losses rewgnised in the year. The notes on pages 8 to 17 form part of these financlal ststemenls. Page 6
HANNAHSTOWN COMMUNITY ASSOCIATION BALANCE SHEET AS AT 30 JUNE 2022 2022 2021 Note Flxed a8sets Tangible assets 13 324,903 314.344 324.903 314,344 Cuirent assets Debtors Cash al bank and in hand 14 1,400 56,676 342 39,909 58,076 40,251 Creditors.. amounts falling due within one year 15 12.4571 (3,262) Net current assets 55.619 36,989 Total assetslgss current liabiliti¢$ 380.522 351,333 Creditors.. amounts falling due after more than one year 16 1266,402) (275. 136) Net assets excluding pension asset 114,120 76, 197 Total not assets 114,120 76.197 Charlty funds Restricted funds Unre$lri¢ted funds 20,770 93,350 76.197 Total funds 114.120 T6,197 The financial statements were approved and authorised for Issue by the Trustees on 13 December 2022 and signed on their behalf by.. John Truste Quillan The notes on pages 8 to 17 form part of these financial statements Page 7
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 General information Hannahstown Community Association is a ristered charity with Charity Commission Nl and has the charity number NIC102820. The registered office address and principal place of business is 23 Hannahstown Hill, Belfast, BT17 OLT. The principal activity of the company continued to be providing facilities for all the community and during the year hosted several major schemes, including a Summer Scheme for children and a community festival. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 102} Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) leffeclive 1 January 20151, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act INorthern Ireland) 2008. Hannahstown Community Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cosl or transaction value unless Othermse ststed in the rekvanl accounting policy. The financial statements are presented in Sterling l£}. The level of rounding is £1. 2.2 Income All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amunt of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specifi'c purposes bul not expended during the period is shown in the relevant funds on the Balance sheet. Where income is reiVed in advance of ents'tlement of receipt. its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relab'on to investment income is recognised at the time the investment income is re1Vable. 2.3 Expenditure Expenditure is recognised once there is a legal or conslruclive obligation to transfer economic benefit to a third party, it is probable that a transfer of e¢onomi¢ benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the totsl of direct costs and shared costs, including support costs involved in undertaking each aclivty. Direct costs attributable lo a single activity are alloc8ted directly lo that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable lo a single activity are apportioned between those activities on a basis consistent with the use of resources. Central slaff costs are allocated on the basis of lime spenL and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable acts'vities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs. Page 8
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Accountlng pollcles Icontlnuedl 2.3 Expendlture Icontlnuedl All expenditure is incluswe of irrecoverable VAT. 2.4 Government grants Govemment grants relating to tangible fixed assets are treated as deferred income and released lo the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to Ihe Statement of financial activities as the related expenditure is incurred. 2.5 Tangible fixed assets and depreciation Tangible fixed assets are initially reccgnised al cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working conditr.on should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tsngible fixed 8$8ets less their sidual value over their estimated useful lives, DepreciatK)n is provided on the following bases". Freehold pmperty Fixtures and fittings Straight line ovei 50 years 250kn straight line The assets, residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate. or if there is an indication of a significant change since the last reporting date. 2.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash at bank and in hand includes cash and short-tem) highly liquid investments with a short maturity of three months or les5 from the date of acquisition or opening of the deposit or similar account. 2.8 Llabilities and provi$ions Liabilities are recognised when there is an obligation at the Balance sheet dale as a result of a past event, it is probable that 8 transfer of economic benefit will be required in settlement, and the amount of the sethement can be estimated reliably. Liabilib'e5 are rewgnised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payment5 for the goods or services it must prowde. Page 9
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 A¢counting policies (continued) 2.9 Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at Iransactr'on value and subsequently measured al their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. 2.10 Pensions The charity operates a defined contribution pension scheme 8nd the pension charge represents the amounts payable by the charity lo the fund iri respect of the year. 2.11 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restricts'ons imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each reslricled fund is set out in the notes lo the financial stalemenls. Investment income, gains and losses are allocated to the appropriate fvnd. Critical accounting estimates and areas of judgement Estimates and judgements are Continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions.. The charity makes estimates and assumptions conrning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjuslmenl to the carrying amount5 of assets and liabilities wthin the next financial year are discussed below. Critical areas of judgement.. In preparing these financial statements, the trustees have had to make the following judgements,. Determine whether there are indicators of impairment of the company's tangible assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating uni( the viability and expected future performance of that unil. Other key sources of estimation uncertainty.. Tangible fixed assets Isee note 131 are depreciated over their useful lives taking into a¢¢ounl residual values. where appropriate. The actual lives of the assets and residu31 values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such 85 technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions. the remaining life of the asset and projected disposal values. Page 10
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 In¢ome from donations and legacies Unrestricted Restricted funds funds 2022 2022 Total funds 2022 Totsl funds 2021 Gifts BCC capital grants Other grants 2,319 2,319 21,328 31.258 1.830 21,328 31,258 30,564 33,577 21.328 54,905 32,394 Total 2027 32,394 32,394 Income from charitable aetlvltles Unrestricted funds 2022 Total funds 2022 To181 funds 2021 User groups Fundraising events 20,570 4,045 20,S70 4,045 3,095 Total 2022 24,615 24.615 3,095 Tolal 2021 3,095 3.095 Investment Income Unrestricted funds 2022 Total funds 2022 Total funds 2021 Investment income 12 Totsl 2021 12 12 Page 11
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Analysis of expenditure by activities Support Costs 2022 Total funds 2022 Tot81 funds 2027 Charitable activities Governance costs Fundraising costs 32,175 1,519 7,906 32,175 1,519 7,906 24.347 2,497 41,600 41,600 26,844 Total 2021 26, 844 26,844 Analysls of eharitable activities Unrestricted Restrictgd funds funds 2022 2022 Total funds 2022 Total funds 2021 Wages and salarie$ Heat and light Ernployer pension Repairs and renewals Insurance 14,785 3,709 106 4,100 2,684 143 14.785 3,709 106 12,356 3, 197 87 4,100 2,684 143 1,242 2,225 359 Cleaning Telephone Printing, postage and stationery Depreciation charge General Bank charge5 918 477 918 477 1.042 3,885 525 285 558 3,459 178 202 525 285 Total 2022 31,617 558 32,175 24,347 Tot812027 24,347 24,347 Page 12
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Analysls of governance Costs Unrestrlcted funds 2022 Total funds 2022 Total funds 2021 Independent examination fee Legal and professional fees 960 960 1,020 1,477 559 559 Total 2022 1,519 1,519 2,497 Total 2021 2,497 2,497 10. Independent examingrfs remuneration 2022 2021 Fees payable to the charity's independent examiner for the independent examination of the charity's annu21 accounts 960 1,020 11. Staff costs 2022 2021 Wages and salaries Contribution to defined contribution nSIOn schemes 14.785 106 12,356 87 14,891 12,443 The average number of persons employed by the Charity during the year was as follows: 2022 2021 staffs No employee received remuneration amounting lo more than £60.000 in either year. Page 13
ANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 12. Trustees. remuneratlon and expenses During the year. no Trustees received any remuneration or other benefits (2021- £NIL). During the year ended 30 June 2022. no Trustee expenses have been incurred (2021- £NIL). 13. Tangible flxed assets Freehold Fixtures and property fittings Total Cost or valuatlon Al 1 July 2021 Additions 486,768 21,S26 10,971 2,209 497,739 23,735 AI 30 June 2022 508,294 13,180 521,474 Depreciation Al 1 July 2021 Charge for the year 179,641 10,166 3,754 3,010 183,395 13,176 At 30 June 2022 189,807 6,764 196,571 Net book valug AI 30 June 2022 318,487 6A16 324.903 At30 June 2021 307, 127 7,217 314,344 14. Debtoys 2022 2021 Due within one year other debtors 1NOO 342 1,400 342 Page 14
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 15. Credltors: Amounts falling due within one year 2022 2021 Accruals and deferred income 2,457 3,262 16. Creditors: Amounts falling due after more than one year 2022 2021 Grants received 266,402 275, 736 17. Flnancial instruments 2022 2021 Flnancial assftts Financial assets measured at fair value through income and expenditure 56,676 39,909 Financial assets measured at fair value through income and expenditure comprise cash held al bank. 18. Summary of funds Summary of funds- current year Balance at 30Jun¢ 2022 Balance at 1 July 2021 Income Expenditure General funds Restricted funds 76.197 58.195 21,328 (41,042) (5581 93.350 20,770 76,197 79.523 (41.6001 114.120 Page 15
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 18. Summary of funds Icontlnuedl Summary of funds- prlor year 8818nGe al 30 June 2021 Ba18nce al l July 2020 Incom8 Expenditure General funds 67,540 35,501 (26, 844) 76,197 19. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted Restricted funds funds 2022 2022 Total funds 2022 Tangible fixed assets Current asset5 Creditors due within one year Creditors due in more than one year 304,133 58,076 12,4571 1266.4021 20.770 324.903 58.076 12.457) 1266,402) Total 93.350 20,770 114,120 Analysis of net assets between funds- prior year Unrestricted funds 2021 Total funds 2021 Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year 314.344 40,251 (3,262) (275. 136) 314,344 40,251 (3,262) (275, 136) Total 76,197 76,197 20. Penslon ¢ommitments The charty operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions paid by the charity lo the fund amounted to £10612021 - £871. A balance of £27 Page 16
HANNAHSTOWN COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 20. Penslon commitments (continued) was payable to the fund at the balance sheet dale {2021 £271. 21. Related party transactions There were no related party transactions that require dI10Sre. Page 17
HANNAHSTOWN COMMUNITY ASSOCIATION INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022 2022 2022 2021 2021 In¢omo Charitable activites Grants User groups Fundraising Investment income 2,319 52.586 20,570 1,830 30,564 3,095 12 79,523 35.501 Gross income in the reporting period 79,523 35,501 Less: Expenditure Wages and salaries Heat and light Employer pension Repairs and renewals Insurance Cleaning Telephone Printing, postage and stationery Depreciation charge General Independent examination fee Legal and prefoessional fee$ Bank charges Fundraising costs 14,785 3,709 106 4.100 2,684 143 918 12,356 3.197 87 1,242 2,225 359 1,042 477 4N43 525 3.459 178 1,020 1.477 202 960 559 285 7,906 41.600 26,844 Total expendlture Net income before taxation for the reporting period Surplusl (Deflclt) for the reportlng perlod Surplus brought forward at 1 July 2020 41.600 26,844 37,923 37,923 76,197 8,657 8,657 67,540 Surplus carried forward at 30 June 2022 114,120 76.197 Page 18