Company Number: N1027771 Charity Number: NIC102967 ODAT LIMITED {A company limited by guaranteg, not having a share capltall Annual Report and Unaudited Financial Statements for the financial year ended 13 September 2023 Daly Park & Cornpany Ltd Chartered Accountants 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland
ODAT LIMITED IA company Ilmlted by guarantee. not having a share capital) CONTENTS Page Trustees, and Other Information Trustees, Annual Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-14
ODAT LIMITED IA company limited by guarantee, not having a share capitsl} TRUSTEES, AND OTHER INFORMATION Trustees Margaret Jane Fitzgerald (Resigned 15 December 20221 Lorraine Crosbie Geraldine Coghlan Seaneen Weir Joan Lawless Angela Jane Sutherland {Appointed 4 December 2022) Robert henry Best (Appointed 4 December 2022) Tanya Campbell (Appointed 4 Dember 2022) Charity Number in Northern Ireland NIC102967 Company Number N1027771 Registsred Office and Principal Address Peace House 224 Lisburn Road Belfast Co. Antrim BT9 6GE Northern Ireland Independent Examiner Daly Park & Company Ltd Chartered Accountants 4 Camegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland Bankers Bank of Ireland 364 Lisburn Road Belfast Co. Anlrim BT9 6GL Northern Ireland
ODAT LIMITED IA company Ilmited by guarantee, not having a share Capital) TRUSTEES. ANNUAL REPORT for the financial year ended 13 September 2023 The truslees present their Trustees, Annual Report, combining the Directors, Report and Trustees, Report. and the unaudiled financial statements for the financial year ended 13 September 2023. The financial statements are prepared in accordan wilh the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their financial ststements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practi (SORP) guidelines. The trustees of the company are also charity Irustees for the purpose of charity law and under the Company's constitution are known as members of the board of trustees. In this report the trustees of ODAT LIMITED present a summary of its purpose, govemance. activities, achievements and finanS for the financial year 13 September 2023. The charity is a registered charity and hence the report and results are presented in a fomi which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice {Charilies SORP effective January 2015), the organisation has implemented its recommendations where relevant in these financial statements. Mission, Objectives and Strategy Objectives To provide opportunities for families and friends of alcoholics at open meetings with al-anon members and health professionals and at meetings with selected interested groups and al closed meetings of only the friends and relatives of alcoholics to learn about the diseases and how to mitigate the negative impact of the disease on the lives of the family and friends of the alcoholic. These meetings allow those who have experience in living with an alcoholic the opportunity to share with the audience their experiences and successes. We also provide a 24 hour telephone advise line where the public in need of help regarding a family or friend of a an alcohol abuser can speak to and be given guidance by a dedicated established al- anon member on a confidential basis. Financial Review The results for the financial financial year are set out on page and additional notes are provided showing income and expenditure in greater detail. Financial Results At the end of the financial year the charity has assets of £18,543 (2022 - £19,367) and liabilities of £772 (2022 £667). The net assets of the Gharity have decreased by £(929). Trustees The trustees who served throughout the financial year. except as noted. were as follows.. Margaret Jane Fitzgerald (Resigned 15 December 2022) Lorraine Crosbie Geraldine Coghlan Seaneen Weir Joan Lawless Angela Jane Sutherland {Appointed 4 December 2022) Robert henry Best (Appointed 4 December 2022) Tanya Campbell (Appointed 4 December 2022) In arKOrdan with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election. Compliance with Sector-wide Legislation and Stsndards The charily engages pro-actively with legislation, standards and codes which are developed for the sector. ODAT LIMITED subscribes to and is compliant with the following= The Companies Act 2006 The Charities SORP (FRS 102)
ODAT LIMITED IA CoMpY lknfted ty g4wantro. not havlnB a sharn Catall TRUSTEES. ANNUAL REPORT for the ffflandal year ended 13 Septemker 2023 Approved by Board of Trusteos 1 November 2023 and 51Bned on Its behxlr by: Lorralne ¢rosble SoaneéA Welr Trustee
ODAT UMITED (A CoMnY Ilmltsd by guv•nts. not h•vlng a shar• ¢apAall STATEMENT OF TRUSTEES. RESPONSIBILITIES for the finanrA year ended 13 September2023 The trustees. vtho ar8 also dD?ctorg of ODAT LIMITED for the pu0$e5 Of u)mp8ny law, are rgsp1YibIé lor preparttig the ffnanLial stalements in arrdanc with applicable law and Wulalions. Compary law requir&% the trustees as the direGtors to prepare fjnan¢ial $tet$ for each frfmndal year. Under Ihat law Ihe tru51ees hav0 d6ded to prepare the finandal slatèments in ath¢e with United Klngdom Genorally Accep1 Accounllna Practice Iunited Kinpjom Accounling Slandard$ ond appfKable law) Indling FRS 102 "The Finandal Reporting Standard apF4ieablé in the UK 8nd Republlc of Irelan(r SeGtkm 1A (Srnall Enlilies). Vnder omp8ny law the Irustefts must not approve the finanixal statoments unless thoy are satisfied that they ge a tn and falrvlew of the state of afralrs of the ¢ornpany and of the sUu5 or deficit of Iho company forlh8t Wd. In preparing these financtal slalèrnents, the Iruslees are requirèd to: select suiEabl8 accthh)ttng pDlide$ and txern ¢onsisl8th: make Judgemts and estimates that ate [eas0Tble and pr,. state whether the finartcial statements have beBn prepared in a¢cordance with the relevani finarNial leling fraftwork. identfy tliose slaThlwd6. and rfft thè effect and the reasons for any hterial departure from those Standards; 8nd prepare Ihe finanoal &tatemenl¥ on the gorg concern basls unless tt ig inappropriate to presumo that the olarity will ¢Mtlnue in operathJL The trustees Confimi that they ccAnplied the above rewlremerrts irÈ preparfing thè financ¥al sl*ments. The tnJslee8 are responsible for keOPiTVJ advquats accy)unlng records that are sufflliert to sh¢)w and explaNI the charivs transadions and discbse with re8sonable aGracY at any lime the fina181 positlon of the chaiity and enable them to ensure that Ihe )Fwnctal statements cornply wilh. They are also respon61ble fDr safe9uarding the assets of the thity and hence for tsking rea60nablo slep$ lor th¢ pr¢ventlgn and d¢teGlion of fraud and other Irregulafftie8. Approved by the Bogtd of Tru8te•s on l Novgmbor 2023 Ond Signéd on Its behalf by: Seaneen Weir Trusts•
ODAT LIMITED IA company limited by guarantee, not having a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF ODAT LIMITED We have examined the financial statements of the Gharity for the financial year ended 13 September 2023. which comprise the Statement of Financial Adivilies (incorporating an Income and Expenditure Account), the Balance Sheet and the related notes. This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Acl 2006. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile. report to the Board of Trustees that we have done so, and state those matters that we have agreed lo stale to them in this report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body. for our work. or for this report. Respective responsibilities of trustees and examiner The charity's trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The charity's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. It is our responsibility to.. examine the financial statements under section 65 of the Charities Act-, follow the procedures laid down by the general Directions given by the Charily Commission for Northern Ireland under section 65(9){b) of the Charities Act; and state whether particular matters have come to our attention. Basis of independent examiner's report We have examined your charity financial statements as required under section 65 of the Charities Acl and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9}(bl of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial stalements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do noi provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters sel out in the statement below. In connection with our examination, no matter has come to our attention which gives us cause to believe that in, any material respect.. accounting records were not kept in accordance with section 386 of the Companies Act 2006 the financial statements do not accord with those accounting records the financial statements have not been prepared in accordance with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) there is further information needed for a proper understanding of the accounts lo be reached. Independent examinerfs statement We have no concerns and have come across no other matters in connection with the examination to which attention should e drawn s report in order to enable a proper understanding of the financial stalements to be reached. LY ARK & COMPANY LTD red Accountants rnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland Date: 1 November 2023
ODAT LIMITED (A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Income and Expenditure Accounti for the financial year ended 13 September 2023 Unrestrlcted Funds 2023 Total Unrestricted Funds 2022 Total 2023 2022 Notes Incoming Resources Donations and legacies Activities for generating funds Irbvestments 15,421 4,930 31 15,421 4,930 31 10.687 1,659 10,687 1,659 Total incoming resources 20,382 20,382 12.355 12,355 Resources Expended Raising funds Charitable activities 5.410 15,901 5,410 15.901 2.261 12,935 2.261 12.935 Total Resources Expended 21,311 21.311 15,196 15,196 Net incomingloutgoing resources before transfers Gross transfers beeen funds {9291 (929) {2,841) (2,841) Net movement in funds for the financial year (929) 1929) (2,841) {2,841) Reconciliation of funds Balances brought forward at 14 September 2022 18,700 18.700 21,541 21,541 Balances carried forward at 13 September 2023 17,771 17,771 18,700 18,700 The Statement of Financial Activities includes all gains and losses recognised in the financral year. All income and expenditure relate to continuing activities. The notes on pages 10 10 14 form part of the financial statements
ODAT LIMITED (A company IiTnited by guJAntsA not havlog a •harn upllal) Company Nmtw. N1027Tri BALANCE SHEET as at 13 Septeffibgr 2023 2023 2022 Flxed Ass•ts Tanglble asBets 130 173 10 887 IY.546 Cash af bank and In hand 803 18.391 18,413 19.194 Gredltors: Amounts faillng dua wfthln one yèar 11 (7721 (667) Not Current Ass•ts 171 18.527 Totsi Assgts less Curront Llabllitleg 17,771 18.71x1 Funds General fiJnd (unrestrtded) 17,771 18.700 Total funds 47.771 18.7(Xl These financial statements hafj48 beBn prepared in a¢¢wnce with the special provisions retalng to small ¢ompgns WItrn Part 15 ¢f thp Companies Act 20(. FDr Ihe finanoal year ended 13 SeFrtember 2023 lh8 tharity Was enliued Ig exemption frfjm audjt undersettN)h 477 of the Corhpantos Ad 2Q06; and no notTr has beert deposited under secliort 470. The trustees confimi that thè members have not raguir¢d the thpary io oblain an audll bf its finan1 gtatements for the financial year in queion In acc( wilh Sectlon 476 oflhe CompanSes Act 2Cth. The trustees acnthvledge their re9ponsibllth.es for enwring ihat the tharlty keepE accounting reoxds whl¢h Gomply ryth sectton 386 and for proparirg finanoal ststemonts whith glye a true and fair ViW•V of the state of affalrs of the tharty as at the 8nd of the financlal yr and of lis wofit and loss for the finanaal year In accordance wilh the r8qUitements of sectrons 394 and 395 and whith otheThvise cijmpty with the re4ulrements otthè Companw ALt 20L relaling to financial statwrwits. so far as 8pplic4ble lo Ihe thatity. The financial 5t8terhents have t? pr8pare(f in atxordance with Ihe provisiDns applicable to ¢ompAnies subject to the small companigs, r89ime and tn accordance with FRS 102 The Flnan¢id R¥po.n9 Standatd apIrable in the UK and Repu1¢ of Irekn<f, apPIn9 Sèchon IA of that Slandard. Approved ty th• Board of Tn*¢eu and a4rthorlsed hr Qn 1 Ilovember2023 attd slgned on tt8 behalf by Lorralne Crosbtfj Tte& Seaneen Vlelr Trugtae The noteB on 995 10 to 14 lomi partof the finaThJal statewts
ODAT LIMITED {A company limited by guarantee, not having a Share Capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 13 September 2023 GENERAL INFORMATION ODAT LIMITED is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is Pea House, 224 Lisburn Road, Belfast. Co. Antrim. BT9 6GE, Northern Ireland which is also the principal place of business of the company The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concem basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice {SORP) ' Accounting and Reporting by Charities preparing iheir accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. As permitted by the Companies Act 2006, Ihe charity has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are lo comply wilh the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. statement of compliance The financial stalements of the charity for the financial year ended 31 December 2017 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice {SORP) "Accounting and Reporting by Charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. Fund accounting The following are the categorises of funds maintained.. Unrestricted funds Unreslricted funds consisl of General and Designated funds. General funds represent amounts which are expendable at Ihe discretion of the board. in furtherance of the objectives of the charity. Designated fvnds comprise unrestricted funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discrelion to apply the fund. Incoming Resources Voluntary income or capital is included in the Statement of Financial Activities when the chaiily is legally entitled to it, ils financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate re[pt. Entitlement to legacies is considered established when the charity has been notified of a distribution to be made by the executors. Income received in advance of due performance under a contract is accounted for as deferred income until earned. Granls for activities are recognised as income when the related conditions for legal entitlement have been met. All other income is accounted for on an accruals basis. Tangible fixed assets and depreciatlon Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets. less their estimated residual value, over their expected useful lives as follows: Fixtures, ffttings and equipment 250A Reducing Balance Cash at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. 10
ODAT LIMITED {A company limited by guarantee. not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS continued forthe financial year ended 13 September 2023 Taxation No current or deferred taxation arises as Ihe charity has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. The charitWs activities fall within the exemptions affored by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2023 2022 Donations and legacies 15,421 15,421 10,687 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2023 2022 Literature 4,930 4.930 1.659 INVESTMENTS Unrestricted Restricted Funds Funds 2023 2022 Bank interest 31 31 EXPENDITURE RAISING FUNDS Direct Costs Other Costs Support Costs 2023 2022 Literature 5.410 5,410 2,261 CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2023 2022 Charitable Activities 2,286 13,615 15.901 12,935 11
ODAT LIMITED (A company limited by guarantee. not havlng a share ¢aprtal} NOTES TO THE FINANCIAL STATEMENTS continued forthe financial year ended 13 September 2023 SUPPORT COSTS Cost of Charitable Raising Activities Funds 2023 2022 Donations Depreciation Travel & subsistence Repairs & maintenan Salaries.wages and related costs General office supplies Telephone Accountancy services Bank fees Literature 100 58 296 129 8,410 175 947 700 81 2,261 43 43 10,991 224 1,063 720 116 458 10.991 224 1,063 720 116 5,868 5,410 5,410 13,615 19,025 13,157 ANALYSIS OF SUPPORT COSTS 2023 2022 Donations Depreciation Travel & subsistence Repaiis & maintenance Salaries,wages and related costs General office supplies Telephone Accountancy seNices Bank fees Literature 100 58 296 129 8.410 175 947 700 81 2,907 43 10,991 224 1,063 720 116 5,868 19,025 13,803 NET INCOMING RESOURCES 2023 2022 Net Incoming Resources are stated after chargingl(creditingl: Depreciation of tangible assets 43 58 INVESTMENT AND OTHER INCOME 2023 2022 Bank interest 31 12
ODAT LIMITED {A company limited by guarantge, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 13 September 2023 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive trustees) durFng the financial year was as follows= 2023 Number 2022 Number Administration The staff costs comprise= 2023 2022 Wages and salaries 10,991 8,410 TANGIBLE FIXED ASSETS Fixtures, fittings and equipment Total Cost At 13 September 2023 2.899 2.899 Depreciation Al 14 September 2022 Charge for the financial year 2,726 43 2,726 43 At 13 September 2023 2,769 2,769 Net book value At 13 September 2023 130 130 At 13 September 2022 173 173 10. STOCKS 2023 2022 Finished goods and goods for resale 867 803 11. CREDITORS Amounts falling due within one year 2023 2022 Taxation and social security costs AcKruals and deferred income 34 738 667 772 667 13
ODAT LIMITED {A company limitgd by guaranteo, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 13 September 2023 12. RESERVES 2023 2022 At 14 September 2022 Deficit for the financial year 18.700 {929) 21,541 {2,841) At 13 September 2023 17,771 18,700 13. STATUS The Charity is limited by guarantee nol having a share capital. The liability of the members is limited. Every member of the company undertakes lo contribute to the assets of the company in the event of its being wound up while they are members, or within one year thereafter. for the payment of the debts and liabilities of the company conlracted before they ceased to be members. and the costs. charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves. such amount as may be required, not exceeding £ 1. 14. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 14