COMPANY REGISTRATION NUMBER: N1020966
CHARITY REGISTRATION NUMBER: NIC102992
Disability Action {Nl) Employment & Training
Company Limited by Guarantee
Financial Statements
31 March 2023
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
Page
Trustees, annual report (incorporating the director's report)
Independent auditor's report to the members
ststement of financial activities (including income and
expenditure account)
13
Statement of financial position
14
Statement of cash flows
15
Notes to the financial statements
16

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2023
The trustees. who are also the directors for the purposes of company law, present their report and the
financi81 statements of the charity for the year ended 31 M8rch 2023.
Reference and administrative detsils
Registered charity name
Disability Action (Nl) Employment & Training
Charity registratlon number
NIC102992
Company registration numbor N1020966
Prlnclpal office and regislered Portside Business Park
office
189 Airport Road West
Belfast
BT3 9ED
The trustees
P Bray
G Maguire
M Marshall
J Carberry
Company secretary
A Brown
Auditor
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Disability Action {Nl) Employment & Training
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Structure, governance and management
Disability Action INI) Employment & Training Is a company limited by guarantee and a wholly owned
subsidiary of Disability Action (Nl }.
Charftable Status
Disability Action (Nll Employment & Training has registered its charitable ststus wtth the Charity
Commission for Northern Ireland. Its Charity Number is NIC102992.
Recruiting andAppolntlng Trustees
The charity is govemed by up to three trustees select8d by its parent company Disability Action {Nl)
and they are appoinled by the board of Disability Action INI) to confirm to the Memorandum and
Articles of Association.
Newly appointed trustees undergo an induction process and receive an inductton pack. When
necessary, trustees are appointed to sub-committees which best match their skills and are supported
by the r81evant senior staff member.
The board meets quartely with sub-committees meeting on an ad hoo basis. The work of all
sub-committees is presented to the board for its approval and the board refers issues to speciflc
sub-committee5. Each sub-committee contalns at least one board member.
Risk Management Statement
The Board of Trustees conducts an ongoing review of the charity's operational risk management
processes. This has been established in order to mitigate the major risks to which the charity is
exposed.
Significant internal risks to funding have led to the development of a strategic plan which allows for thè
diversification of charitable activities. In addition, corporate risk is managed by ensuring that
appropriate insurance cover is in place and adhering to rigorous internal financial controls.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Objectives and activities
Disabiliiy Action's Strategic plan for 2022 26 sets out a vlsion of a truly Inclusive society where our
missionls to SUPPOrt Human Rights for All. Our 5 key strategic principles are to
•Advocate for human rights for all
Change attitudes to enhance social inclusion and independence
Support through skills and employment
Educate to empower through training
Be a sustainable organisation
The charity manages the Employment Support Programme under contract with Ihe Department for
Communities (Dfc). This programm8 SUPParts individuals with significant disabilities in employmenl.
The charity represents people regardless of their disabllity.. whethar that is a physical. mental health,
sensory, hidd8n or learning disability.
Disability Action (Nl), our parent company. is a member of a number of ne￿Ork organisations e.g
NICVA and Children Nl and has strong relationships with the private sector e.g Northern Ireland
Chamber of Commerce and Industry and public sector groupings e.g Equality Commission Benefit
from all these ne￿orkS is shared with the charity.
strategic report
The following sections for achievements and performance and financial review form the strategic
report of the charity.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report) (conllnuedj
Year ended 31 March 2023
Achievemenls and performance
Set against a backdrop of political instability, European funding ending and potential budget cuts the
financial year to 31st March 2023 has been difficult. ESF funding ended and we were successfvl in a
joint bid to the UKSPF to continue supporting disabled people into employment, which secured the
job5 of Disability Action staff. The new DSS (disability speclalist support) contract under Dept for
Economy's Skills for Work and Life programme has been building slowly with great results.
Disability Action piloted a Mental Health Counselling programme through funding from the Community
Foundation, giving disabled people direct access to counselling provision. This has proved very
successful, and we will continue to develop mental health provision across all our contracts.
Coming out of 2 years with COVID reslriclions has proved slow progress with both DATS (Disability
Action Transport Scheme) and Mobility Centre assessment seeing slow increase in numbers. DATS
received their first electric bus provided by the Dept for Infrastructure, which will be monitored for
effectiveness Wlthin the service.
February 2023 brought the end to our ONSIDE project. ONSIDE was a Gros5-border project funded by
the European Union's INTERREG VA Programme and managed by th8 Special European Union
Programm8 Body. Disability ActioN was lead partner. working alongside Independent Living Movement
Ireland, the Northern Ireland Housing Executive and Supporting Communities. The 8thos of the projecl
was to enable and empower disabled people to take control of their social connections and become
active in their lorAI and online communities. 2500 people took part in the programme where we
distributed 2410 tablets and 963 other pieces of equiprnent to assist with accessibility. 999/0 of
participants said they would recommend ONSIDE to others.
Financial review
The charit￿$ only source of funding is from the Department of Communities in relation to its core
services of Support in Employmént and Support in Training. The main categories of expenditure are
direct staff costs, representing 27% of revenues (2022-41 Y.) and retention employees, representing
73Yo revenues (2022-55 % ).
The Northern Ireland Charities Pension Scheme INICPS) is a multi-employer final salary scheme
which was closed in 2009. Ther8 ar8 currently 444 scheme members and 11 actively participating
scheme employers. The overall 5cherne deficit identified by the September 2022 actuarial valuation
was £3.2mil.
The CharIt￿S share of the final salary deficit liability is reflected on the Statement of Financial Position
under the FRS102 accounting standard. The charity's liability as at 31 March 2023 was £143,164
based on the 2022 acturial valuation r85uIts and a deficit recovery period of 8 years from l August
2020 to 29 February 2028.
Plans for future periods
The charity'5 will continue lo work towards its corporate objectives in order to create a fully inclusive
society for disabled people throughout Northern Ireland. The renewal of th8 Employrnent Support
Programme Gontract ha5 been exlended to March 2023.

Disability Action {Nl) Employment & Training
Company Limited by Guarantee
Trustees. Annual Report {Incorporating the Director's Report) (eontinuedj
Year ended 31 March 2023
Trustees, responsibilities statement
The trustees, who are also directors for the purposes of cornpany law, ar6 responsible for preparing
the trustees. report and the financial statements in accordance with applicable law and United
Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice).
Company law requires thè charity trustees to prepare financial statements for each year which give a
true and fair view of the state of affairs of the charitable cornpany and the incorning resources and
application of resources, including the income and expenditu￿, for that period.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the applicable Charities SORP:
make judgments and accounting estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements..
prepare the financial statements on the going concern basis unless it is inappropriate to pr8sume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transaclions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They ar2 also responsible for safeguarding th8 assets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
Each of the persons who is a trustee at the date of approval of this report confirm5 that:
so far as they are aware. there Is no relevant audit information of which the charity's auditor is
unaware., and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charily's auditor is aware of that
information.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 March 2023
The trustees, annual report and the strategic report were approved on 27 March 2024 and signed on
behalf of the board of trustees by-
ouglc?S
Trustee

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Audltor's Report to the Members of Disability Action (Nl)
Employment & Training
Year ended 31 March 2023
Opinion
We have audited the financial statements of Disability Action (Nll Employrnent & Training (the 'charlty')
for the year ended 31 March 2023 which comprise the statement of financial activitie5 (including
income and expenditure account), statement of financial position, statement of cash flows and the
related notes. including a summary of significant accounting policies. The financial reporting
framework thal has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of th8 State of the charity's affairs as at 31 March 2023 and of its
incoming resources and application of resources, including its income and expenditure, for the
year then ended,,
have been properiy prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.,
have been prepared in accordance with the requirements of the Companies Aot 2006.
Basis for opinion
We conducted our audil in accordance with Intemational Standards on Audiling {UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditorfs
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant lo our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we havè
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to golng concern
In auditing the financial statements, we have ¢on¢luded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identffied any mal6rial uncertainties relating to
events or conditions that. indimdually or collectively. may cast significant doubt on the charity's abillty
to continue as a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of this report.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action (Nl>
Employment & Training (continued)
Year ended 31 March 2023
Other information
The other information comprises the information included in the annual repart, other than the financial
statements and our auditor'5 report thereon. The trustees are responsible for th8 Other informalion.
Our opinion on the financial statements does not cover the other information and. except to the extent
otherwise explicitly stated in our report, w@ do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowledge Dbtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether there is a material misstatement in the financial statements or a
mat8rial rnisstatement of the other information. If, based on the work we have performed, we conclude
that there is a material misstatement of this olher information, we are required to report that fact.
We have nothing to report in this regard,
Opinions on other matters prescribed by the Companies Act 2006
In our opinion. based on the work undertaken In the course of the audit-
the information given in the trustees. report for the financial year for which th8 financial
statements are prepared is consistent with the financial statements- and
the trustees. report has been prepared In accordance with applicable legal requirements.
Matters on which we are required to report by exceptlon
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit. we have not idenltfied material misstatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in aur opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches nol visited by us- or
the financial statements are not in agreement wilh the accounting records and returns,. or
certain disclosures of trustees, remuneration specified by law are not made. or
we hav8 not receiv8d all the information and explanations we require for our audit.

Disability Action {Nl) Employment & Training
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Disability Action (Nl)
Employment & Training (¢onlinuedJ
Year ended 31 March 2023
Responsibilities of trustees
As explained more fully in the trustees. responsibilities statement, the trustees (who are also the
directors for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that Ihey give a true and fair view, and for such intèrnal control as
the trustees determine is necessary to enable the preparation of financial stalements that are free
from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to
continue as a going concem. disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease
operations. or have no realistic altemative but to do so.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action {Nl)
Employmenf & Training (continued)
Year ended 31 March 2023
Auditor's responsibilities for the audit of the financial statements
Our objeclives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that
includes our opinion.. Reasonable assurance is a high level of assurance, but is not a guaranlee that
an audit conducted in accordance wilh ISAS (UK) will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error 8nd are considered material rf. individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users tsken on
the basis of these financial statements.
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above. to detect material misstatements in respect
of irregularities. including fraud. The extent to which our procedures are capable of detecting
i￿egUlar1ties. including fraud is detailed below:
In identifying and assessing risks of material misstatement in respect of irregularitie5, including fraud
and non-compliance with laws and regulations, we considered the following:
the nature of the industry and sector, control environment and business performance induding
the design of the remuneration policies, key drivers for directors. remuneration, bonus levels and
performance targets"
resu5t5 of our enquiries of management about their own identification and assessment of the risks
of irregularities-,
any matters we identified having obtained and reviewed documentation of their policies and
procedures relating to..
identifying, evaluating and complying with laws and regulations and whether rnanagemenl
were aware of any instances of non-compliance-
detecting and responding to the risks of fraud and whether management have knowledge of
any actual, suspected or alleged fraud;
the internal contro15 eslablished to mitigate risks of fraud or non-compliance with laws and
regulations.
the matters discussed among the audit engagement team including significant component audit
teams and relevant internal specialists. including tsx and valuations specialists regarding how and
where fraLtd Might occur in the financial stalements and any potential indicators of fraud.
As a result of these procedures, we considered the opportunitie5 and incentives that may exist w￿h1n
the organisation for fraud and identified the greatest potential for fraud. In common with all audits
under ISAS IUKI. we are also required to perform specffic procedures to respond to the risk of
management override.
We also obtained an understanding of the legal and regulatory frameworks in operation, focusing on
provisions of those laws and regulations that had a direct effect on the determination of material
amounts and disclosures in the financial statements. The key laws and regulations we considered in
this context included ongoing compliance with the UK Companies Act and tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct èffect on
the financial statements but compliance with which rnay be fundamental for their ability to operate or to
avoid a material penalty.
10

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Dlsability Action (Nl)
Employment & Training (continuèd)
Year ended 31 March 2023
As part of 8n audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional scepticism throughout the audit. We also..
Identify and assess the risks of material misststement of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not
detecting a material misstatement resulling from fraud is higher than for One resulting from error.
as fraud may involve collusion, forgery, inlentional omissions. misrepresentations, or the override
of internal control.
Obtain an understandin9 of internal control relevant to the audit in order lo design audit
procedures that are appropriate in the circumstance5, but not for the purposè of expressing an
Opinion on the effectiveness of the intemal control.
Evaluate the appropriateness of accounting policies used and Ihe reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concem basis of accounting
and, based on the audit evidencg obtained. whether a material uncertainty exists related to
events or conditions that May cast significant doubt on the charity's ability to continue as a going
COn￿M. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditor's report to the related disclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained
up to the date of our auditor's report. However. future events or conditions may cause the charity
to cease to continue as a going concem.
Evaluate the overall presentation, structure and content of the financial statements. including the
disclosures, and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.
11

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action (Nl)
Employment & Training (continuedj
Year ended 31 March 2023
We communicate with those charged with govemance regarding. among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit
U50 of our report
This report is rnade solely to the charity's m8mbers, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the
charity's members those matters we are required to stste to them in an auditols 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 audit work. for this report.
or for the opinions we have formed.
Paul Dolan (FCAI (Senior Statutory Auditor)
For and on behalf of
Finegan Gib50n Ltd
Chartered accountsnts & slatutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN
27 March 2024
12

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2023
2023
Unrestricted
funds Total fund5 Totsl funds
2022
Note
Income and endowments
Charltablg activities
615.159
615,159
790,138
Total income
615,159
615,159
790,138
Expenditure
Expenditure on charitable activities
Total expenditure
663.209
663,209
663,209
777.021
663,209
777.021
Nel lexpendlture)Ilncome and net movement in funds
(48.0501
(48.050)
13,117
Reconciliation of funds
Total funds brought fotward
Total funds carried forward
1260,528) {260.528) (273.645)
(308,578) (308,578) {260,528)
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 16 to 28 form part of th05e financial statements.
13

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
2023
2022
Note
Current assets
Debtors
Cash at bank and in hand
12
29,242
202,496
231,738
41,495
144,824
186.319
Credltors: amounts falllng due within one year
Net current liabilities
14
354.849
296.357
123,111
(123,111) {110,038)
110,038
Tolal assets less current Ilabilitles
Credltors: amounts falllng due after more than one year
15
48,273
Provisions
17
137.194
<308,578) (260.5281
1SO,490
Net liabilities
Funds of the charity
Unrestricted funds
(308.578) (260,528)
(308.578) {260,5281
Total charity funds
20
These financial stat8ments were approved by the board of trustees and authoris8d for issue on 27
March 2024, and are signed on behalf of the board by:
ouglas
Trustee
P Bray
Trustee
The notes on pago5 16 to 28 form part of these financial Statements.
14

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2023
2023
2022
Note
Cash flows from operating activities
Net (expenditure)lincome
(48,0501
13,117
Adjustments for
Accrued income
(19,948)
164.577)
Changes in..
Trade and other debtors
Trade and other creditors
Provisions and employee benefits
Cash generated from operations
Net cash from operating activities
12,253
136,481
{13,296)
67.440
8.086
78.005
10,882
45,513
67,440
45.513
Cash flows from financing activities
Proceeds from loans from group undertakings
Net cash (used inllfrom financing activities
{12.864)
(12.864)
48,405
48,405
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
54,576
144,824
93.918
5Q.906
13
199,400
144.824
The notes on pages 16 to 28 form part of the$0 financial statements.
15

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in England and Wales. The address of the registered
office is Portside Business Park, 189 Airport Road West, Belfast, BT3 9ED.
staternent 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,, Ihe Statement of
Recommended Practice applicable to charities preparing their accounts in accordanc8 With the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ICharit18S
SORP (FRS 102)) and the Companies Act 2006.
Accounting policias
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modrfied by the
revaluation of certain financial assets and liabilities and investment properties measur8d at fair
value through income or expenditure.
The financial sla18ments are prepared in stsrling, which is the functional currency of the entity.
Gaing concern
Disability Action (Nl) Employment & Training has significanl contractual commitments to the
costs of paying for ils share of the Northern Ireland Charitie5 Pension Scheme's (NICPS) final
salary pension scheme deficit. Note 18 to the financial statements provides detailed information
on this pension scheme which was closed to new members in 2009. Disabilty Action INI)
Employment & Training is currently making a fixed annual payment to meet its share of the deficit
based on the latest (30th September 20221 scheme actuarial valuation. The liability for fulure
payments rneasured at their present value is recognised as a liability in Ihe financial statements
and the Statement of Financial Posits'on shows significant net liabilities as a result. The Trustees
are confident that annual fixed targets are set to ensure that the organisation is able lo make
these annual deficit payments and remain financially sustainable.
Net liabilities on the Statement of Financial Position are £308,578. Liabilities include amounts
owed to group undertakings of £119,694. The trustees are also tnjstees of Disability Action INI)
and they verify the ongoing financial support of the controlling charity to Disabillty Action INI)
Employment and Training.
The Trustees Consider that Iher8 is na material uncertainty related to thes8 events or conditions
and they therefore deem it appropriate to prepare financial statements on a going concern basis.
16

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Flnancial Statements (contlnuedj
Year ended 31 March 2023
Accounting policies (¢Dntinued)
Judgements and key sources of estimation uncertainty
The preparatian of the financial statements requires management to make judgemenls,
estimates and assumptions that affect Ihe amounts reported. These estimates and judgements
are continually r8viewed and are basèd on experience and other factors. including expectations
of future events thal are beli8ved to be reasoriable under the circumstances.
Significant Judgements
The judgements (apart from those involving estimations) that management has madg in the
process of applying the entity's accounting policies and that have the most significanl effect on
the amounts recognised in the financial statements are as follows-.
Management must choose an appropriate percentage rate for discounting future payments in
order to value the pension liability disclosed in note 19.
Key Sources of est5mation uncertainty
Accounting estimates and assumptions a￿ made concerning the future and by their nature will
rarely equ81 the related actual outcome. The key assurnptions and other sources of estimation
uncertainty that have a significant risk of causing a material adjustment to the carrying amounts
of assets and liabilities within the next financial year are as follows=
The valuation of the pension liability is based on discounling future contributions to fund the fund
shortfall. Thoso contributions are based on current arrangements, but may be subject to change
in the future.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees tts further any of the
charity's purposes.
Designated funds are unrestricted funds eamarked by the trustees for particular future 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-classes: restricted income funds or
èndowment funds.
17

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements fcontinuedj
Year ended 31 March 2023
Accounting policies (continu8d)
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 specrfic policies
are applièd to particular categories of income=
income from donations or grants is recognised when there is evidence of entitlement to the
gift. receipt 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 al the fair value of thè goods unless this is
impractical to measure Teliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of seNices is recognised with the delivery of the
contracted servic8. This is classified as unrestricted funds unless thare is a conlraclual
requirement for it to be spent on a particular purpose and relumed if unspent. in which case
it may be regarded as restricted.
Resource5 expended
Expenditure 15 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 stalernent of
financial activities to which it relates:
expenditure 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 cost5 incurred by a charity in undertaking
activities that further its charitable 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 raislng fijnds for the
charity nor part of its expenditure on charitable activities.
All cost5 are allocated to expenditure categories reflecting the use of the resource. Dlrect cosls
attributable to a single actlvity are allocated directly to that aclivity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable. ju5ti11able and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost. and subsequ8ntly stated at cost less any
accumulated depreciation and impaiment losses. Any tangible assets carried at ￿valued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
18

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
Accounting policies fcgnUnueLI)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of ievaluation, is recognised in other recognised gains and losses.
except to which it offsets any previous revaluation gain. in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is ¢alculated 50 as to write off the cost or valuation of an asset. less its residual
valu8, over tha useful economic life of that asset as follows..
Equipment
15% slraighl line
Impairment of flxed asset5
A review for indicators of impairment is carried out at each reporting dale, with the recoverable
amount being eslimated where such indicators exist. Where the carrying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
POS5ible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset. an estimate is rnade of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows Ihat largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is. from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergie5 of the combination. irrespective of whether other asseis or liabilities of the charity
are assigned to those units.
Government grants
Govemment grants are recognised at the fair value of the asset received or receivable. Grants
are not recogni5ed until there is reasonable assurance that the charity will cotnply with Ihe
conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specified future performance-related condilions on the recipient. it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a
liability.
19

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 31 March 2023
Accounting policies {contintsedJ
Provisions
Provisions are recognised when the enlity has an obligation at the reporting dale as a result of a
past event, it is probable that the entity will be required to transfer economic benefits in
settlement and the amount of the obligation can be estimated reliably. Provisions are recognised
a5 a liability in the statement of financial position and the amount of the provlsion as an expense.
Provisions are initially measurèd at the best estimate of the amount required to settle the
obligation at the reporting date and subsequently reviewed at each reporting date and adjusted
to reflect the current best estimate of Ihe amoLJnt that would be required to settle the obligation.
Any adjustrnenls to the amounts previously recognised are recognised in income or expenditure
unless the provision was originally recognised as part of the cost of an asset. When a provision is
measured at the present value of the amount expected to be required to settle the obligation, the
unwinding of the discount is recognised as a finance cost in the statement of financial activities in
the period it arises, and is allocated to the appropriate expenditure heading.
Financial instrumenls
A financial asset or a financial Ilabllity is recognised only when the charity beGom8s a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instnjments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be Measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less irnpairment.
Other financial instruments, including derivativ25, are initially recognised at fair value. unless
payment for an asset is deferred beyond normal business temis or financed at a rate of interest
that is not a market rate, in which case the asset is rneasured at the present value of the future
payments discounted at a market rate of intergst for a similar debt instrument.
Other financial instruments are subsequently measured at fair value. with any changes
recognised in the statement of financial activities, with th8 exception of hedging instruments in a
desi9nated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
Df impairm8nt at the end of earh reporting date. If there is objertive evidence of irnpairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
20

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements feontinued)
Year ended 31 March 2023
Accounting policies fcontinued)
Financial Instrurnents (contlnued)
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
aither assessèd individually or grouped on tha basis of similar crgdit risk characteristlCS.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in 8 carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Defined contrlbution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees r8nder the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Limited by guarantee
Every member of Ihe charitable company undertakes to contribute to the assets of the charitable
company, in the event of the same being wound up while it is a member. or within one year after
it ceases to be a member. for payment of the debts and liabilities of the charitable company
contracted before it ceases to be a member, and of the costs. charges and expenses of winding
up. and for the adjustment of the rights of the contributories among themselves, such amount as
May be required not exceeding £1.
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Training and employment agency
grants
Host employers
Other income
524,371
84.564
6.224
524.371
84,564
6,224
633.631
156.507
633,631
156.507
615,159
615,159
790.138
790.138
21

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Expendilure on charitable activitie5 by fund type
Unrestricted Total Fund5 Unrestricted Total Funds
Funds
2023
Funds
2022
Ernployment and training
Core
Support costs
657.470
1.031
4.708
663,209
657.470
1.031
4,708
772,606
415
4,000
772.606
415
4,000
663,209
7fl,021
777,021
Expendlture on charitable activities by activity type
Activities
undertaken
diredy Support costs
Total funds
2023
Total fund
2022
Employment and training
Core
Governance costs
657.470
1,031
657,470
1.031
4,708
772,606
415
4.000
4.708
4,708
658.501
663.209
777,021
Auditors remuneratlon
2023
2022
Fees payable for th8 audit of the financial statements
4.200
4.000
staff costs
The total staff costs and employee benefit5 for the reporting period are analysed as follows:
2023
2022
Wages and salaries
Social security costs
Employer contributions to pension plans
134,503
9,447
98.371
235,803
15.552
22,313
242,321
273,668
The average head count of employees during the year was 10 (2022- 16).
No employee received employee benefits of mor8 than £60,000 during the year {2022.- Nil).
10. Trustee remuneration and expenses
No trustee received any rernuneration or relmbursement of expenses from the charity during the
year.
22

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Flnancial Statements (continued)
Year ended 31 March 2023
11. Tangible fixed assels
Equipment
Cost
At 1 Aprll 2022 and 31 March 2023
Depreciation
At 1 April 2022 and 31 March 2Q23
Carrylng arnount
At 31 March 2023
18,921
18,921
At 31 March 2022
12. Dobtor5
2023
2022
Trade debtors
29,242
41,495
13. Cash and cash equlvalents
Cash and cash equivalents comprise the following-
2023
2022
Cash at bank and in hand
Bank overdrafts
202.496
13,096)
199,400
144,824
144.824
14. Creditors- amounts falling due within one year
2023
2022
Bank loans and overdrafts
Trade creditors
Amounts owed to group undertakings
Accruals and deferred income
Social security and other taxes
Pension contributions due
Other creditors
TPT Pension- ST
3.096
123,194
119,694
48,166
7,327
807
91,974
132,558
65,098
5.576
1,104
47
52.565
354.849
296.357
15. Creditors: amount5 falllng due after more than one year
2023
2022
TPT Pension - LT
48.273
23

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
16. Deferred income
2023
2022
At 1 April 2022
Arnount released to income
Amount deferred in y8ar
At 31 March 2023
8,679
(8,6791
11,695
20,204
(20.204)
8.679
11,695
8,679
17. Provlsions
Pensions
and similar
obligations
At 1 April 2022
Unwinding of diswunt
Change in assumption
other movements
150.490
5.942
(15,957)
(3,281)
137,194
At 31 March 2023
24

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (Gontlnuedj
Year ended 31 March 2023
18. Pensions and other post retirement benefits
The carnpany participates in the scheme, a multi-employer scheme which provides benefits to
some 11 non-associated employers. The scheme is a defined benefit scheme in the UK.
It is not possible for the company to obtain sufficient information to enable it to account for the
scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined
contribution scheme.
The scheme is subject to the fun(iing legislation outlined in the Pensions Act 2004 which came
into force on 30 Dec8mber 2005. This, together with documents issued by the Pensions
Regulator and Technical Acluarial Standards issued by the Financial Reporting Council, s8t out
the framework for funding defined benefit occupational pension schemes in the UK.
The scheme is classified as a 'last-man standing arrangement,. Therefore the company is
potentially liable for other participating employers, obligations if those employers are unable to
meet their share of the scheme deficit following withdrawal from the scheme. Participating
employers are legally required to meet their share of the scheme deficit on an annuity purchase
basis on withdrawal from the scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2022. This valuation
showed assets of £22.8m, liabilities of £26.Qm and a deficit of £3.2m. To elirninate this funding
shortfall, the Trustee has asked the participating employers to pay additional contributions to the
scheme as follows..
From August 2020 to 29 February 2028-. £1,280,605 in total {payable monthly)
Thè recovery plan contributions are allocated to each participating employer in line wlth their
estimates share of the scheme liabilities.
Where Ihe scheme is in deficit and where the company has agreed to a deficit funding
arrangement the company recognises a liability for this obligation. The amount recognised is the
net present value of the deficit reduction contributions payable under the agreement that relates
to the d8ficit. The present value is calculated using the discount rate detailed in these
disclosures. The unwinding of the discount rat8 is recognised as a finance cost.
PRESENT VALUE OF PROVISION
31 March 2023 31 March 2022 31 March 2021
Present value of provision
137.194
172,875
210.059
RECONCILIA TION OF OPENING AND CLOSING PROVISIONS
Period ending Period ending
31 March 2023 31 March 2022
Provision at start of period
Unwinding of the discount factor {interest expense)
Deficit contribution paid
Rerneasurements- impact of any changes In assumptions
Provision at end of period
172,875
3.991
(31.425)
(8.247)
137.194
210.059
1.951
(31.425)
17,7101
172.875
25

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
INCOME AND EXPENDITURE IMPACT
Period
ending
31 March
2023
(£5)
3,991
18.247)
Period
ending
31 March
2022
{£s)
1,951
(7,710)
Interest expense
Remeasuremenls- irnpact ofany ¢hang8 in assumptions
Contributions paid in respect of future service.
Costs recognised in income and expenditure account
'includes defined contributlon schemes and future service contributions (i.e. exduding any deficit
reduction payments) to defined benefit schemes which are treated as defined contribution
schemes. To be completed by the company.
ASSUMPTIONS
31 March 2023
°fi per annum
5.35
31 March 2022
Yo per annum
2.56
31 March 2021
/• per annum
1.01
Rats of discount
The discount rates shown above are the equivalent single discount rates which, when used to
discount the future recovery plan contributions due, would give the same results as using a full
AA corporate bond yield curve to discount the same recovery plan contributions.
19. Government grants
The amounts recognised in tha financial statem8rrts for government grants are as follows:
2023
2022
Recognised in creditors:
Deferred government grants due within one year
8.679
20,204
20. Analysls of charitable funds
Unrestricted funds
At
31 March 202
At
1 April 2022
Income Expenditure
General funds
(260.5281
615,159
(663.209) (308,5781
At
31 March 202
At
1 Aprrl 2021
Income Expenditure
General funds
{273.645)
790.138
(777,021) (260,5281
26

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements {continu8d)
Year ended 31 March 2023
21. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2023
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Provisions
231.738
231.738
{354,849) (354,849)
148,273)
148,273)
(137,194) 1137,194)
1308,578) 1308,578)
Net liabllltles
Unrestricted Total Funds
Funds
2022
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Provisions
186.319
186.319
(296,357) {296,3571
(150,490) 1150,490)
{260.528) 1260.528)
Net liabilities
22. Analysis of changes in net debt
At
At 1 Apr 2022 Cash flows 31 Mar 2023
Cash at bank and in hand
Bank overdrafts
Debt due within one year
144.824
57,672
(3.096)
12,864
202.496
(3.096)
(119,694)
79,706
(132,558)
12.266
67.440
27

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements fcontinved)
Year ended 31 March 2023
23. Related parties
With Disability Action (Nl)
Relationship - Disability Action (Nll is deemed to be the charilab5e company's parent company.
Nature of transactions during the year..
2023
2022
Amount owed to related party at year end
69,578
82,442
Outstanding balances are unsecured and interest-free.
With Disability Action Tradeable Services Limited
Relationship Disability Aclion Tradeable Services Limited is a wholly owned subsidiary of
Disability Action (Nll.
Nature of transactions during the year:
2023
2022
Amount owed to related party at year end
50,116
50.116
Outstanding balances are unsecured and interest-free.
The trustees of Disability Aclion (Nl) intend to offer ongoing financial support to Disability Action
(Nl) Employment & Training, which is considered to be a subsidiary entity. The financial
Statements of Disability AGtion (Nl) Employment & Training as at 31 March 2023 show net current
liabilities of £123,111. non current liabilities of £48.273 and a pension provision of £137.194
resulting in total net liabilities of £308,578.
24. Ethlcal standards
In common with many other entities of our size and nature. we use our auditors to assist with the
preparation of the financial slaternents.
25. Taxatlon
The Company is a registered charity, and as such is entitled to tax exemptions on income and
profits in furtherance of the charity's primary objectives.
26. Contingencies
A contingent liability exists lo repay grant5 and Trust monies received should certain conditions
not be fulfilled by the charity. In the opinion of the Trustees. the terms of the Letters of Offers
have been. or wlll be, complied with and no liability 15 expected.
31