COMPANY REGISTRATION NUMBER: N1020966
CHARITY REGISTRATION NUMBER: NIC102992
Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Financial Statements
31 March 2025
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 2025
Page
Trustees, annual report (incorporating the directorfs report)
Independent auditorfs report to the members
Statement of financial activities (including income and
expenditure account)
12
Statement of financial position
13
statement of cash flows
14
Notes to the financial statements
15

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees. who are also the directors for the purposes of company law, present their report and tho
financial slatements of the charity for the year ended 31 March 2025.
Reference and administrative detalls
Reglstered charlty namo
Disability Action {Nl) Employment & Training
Charlty roglstratlon number
NIC102992
Company registration number N1020966
Principal office and registered Portside Business Park
offlca
189 Airport Road West
Belfast
BT3 9ED
The trustees
P Bray
G Maguir8
M Marshall
J Carberry
Company socretary
A Brown
Auditor
Flnegan Glbson Ltd
Chartered accountants & statutory auditor
Causeway Tower
g James Street South
Belfast
BT2 8DN

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) fcontlnued)
Year ended 31 March 2025
Structure, governance and management
Disability Action {Nll Employment & Training is a company limited by guarantee and a wholly owned
subsidiary of Disabilily Action INI).
Charhable Status
Disability Action (Nl) Employment & Trainlng has r8gist8red its charitable ststus with the Charity
Commission for Northern Ireland. Its Charity Number is NIC102992.
Recruiting and Appolntlng Trustees
Th6 charity is governed by up to three trustees selected by its parent company Disability Action (Nl>
and they are appointed by the board of Disabilrty Action {Nl) to confirm to the Memorandum and
Articles of Association.
Newly appointed trustees undèrgo an induction process and receive an induction pack. When
necessary, trustees are appointed to sub-commillees which best match their skills and are supported
by the relevant senior staff member.
The board meets quartely wllh sub-committees meeting on an ad hoc basis. The work of all
sub-committees is presented to Ihe board for ils approval and the board refers issues to specific
sU￿COmmItt￿6s. Each sub-committee contains at least one board member.
Risk Management Statemont
The Board of Trustèes conducts an ongoing review of the charity's operational risk management
processes. This has been established in order lo 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 the
div6rsification of charitable activities. In addition, corporate risk is managed by ensuring that
appropriate insurance cover Is in place and adhering to rigorous int8rnal financial controls.

Disability Action {Nl) Employment & Training
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 March 2025
Objectlves and activitiè5
Disability Action's Strategic plan for 2022 - 26 sets out a vision of a truly inclusiv8 soclety where our
mission is 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 &mployment
Educate lo empower through training
Be a sustainable organisation
The charity manages the Employment Support Programme under contract with the Department for
Communities {DfCI. This programme supports individuals with significant disabilities in employment.
The charity represents people regardless of their disability,. whether that is a physical, menlal health.
sensory. hldden or learning disability.
Disability Action INII, 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 Northem Ireland
Chamber of Commerce and Industry and public sector groupings e.g Equality Commission Benefit
from all these networks is sharad with the charity.
Strategic report
The following sections for achievements and performance and financial review fomi the strategic
report of the charity.
Achievements and performance
The Employment Support Schem6 (ESS) is a legacy programme fund8d by Dfc. This programme will
end when all participants are moved on. Disability Aclion continue to support 31 people in various
organisation across Nl.
Financial review
The charitys only source of funding is from the 08partment of Communities in r81ation to its core
servic8s of Support in Employment and Support in Training. The main categories of expendilure are
direct staff costs, representing $8°A of revenues (2024-29%) and retention amployèes. representing
32 % revenues (2024_710/01.
The Northem Ireland Charities Pension Scheme {NICPS) is a multi-employer final salary scheme
which was closed in 2009. There are currently 444 scheme members and 11 actively participating
scheme employers. The overall scheme deficit identified by the September 2022 actuarial valuation
was £3.2mil.
The charity'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 2025 was £288,409
based on the 2022 acturial valuation results and a deficit recovery period of 8 years from 1 August
2020 to 29 February 2028.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) fcontinu￿)
Year ended 31 March 2025
Plans for future periods
The Department of Communities have undertaken a consultation on ending the ESS.'Disability Action
and many disabled peoples. represenlatives are vehemently opposed to closing Ihe scheme, risking
the jobs of those supported through ESS. There has been no feedback frum the consultation process
or indication of their intention.
Trustees. responsibilities statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing
the trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Gharily trustees to prepare financial statements for each year which give a
true and fair view of th8 State of affairs of the charitable company and the incoming resources and
application of resources, including the income and expenditur8, 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, sublect to any material
departures disclosed and explained in the financial statements.,
prepare the finan¢i81 ststements on the golng concem 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 to show and
explain the charity's transactions and disclose with reasonable accLJracy al any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps far the prevention and detection of fraud and Dther irregularities.
Auditor
Each of the persons who is a trustee at Ihe dale of approval of this report CDnfirms that-
so far as they are aware, there is no relevant audit information of which the charity's auditor is
unaware" and
Ihey have taken all steps that they ought to have taken as a tnjstee to make themselves aware of
any relevant audil information and to estsblish that the charity's auditor is aware of that
information.

Disability Action (Nl) Employment & Training
Company Llmited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {eontinu•d)
Year ended 31 March 2025
The trustees, annual report and the strategic report were approved on 11 November 2025 and sign&d
on behalf of the board of trustees by:
M Douglas
Trustee

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action {Nl)
Employment & Training
Year ended 31 March 2025
Opinion
We have audited the financial ststements of Disability Action {Nll Employment & Training (the 'ch8riV)
for the year ended 31 March 2025 which comprise the statement of financial activities {including
income and expenditure account), slatement of financial position, slatem8nt of cash flows and the
related notes, including a summary of Signifi￿nt accounting policias. The financial reporting
framework that has been applied in their prèparation is applicable law and United Kingdom Accounting
Standards, including FRS 102 Thé Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Praclicel.
In our opinion the financial statements..
give a true and fair view of the slate of the ¢haritVs affairs as at 31 March 2025 and of its
incoming resources and application of resources, including its income and expenditure, for the
year then ended;
hav8 been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.,
have b88n pr8pared in accordance with Ihe r8quirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with Intsrnational Standards on Auditing (UK) IISAS (UKII and
applicable law. Our responsibilities under those standards are further described in the auditorfs
responsibilities for the audit of the financial slatements sedion of our report. We are Independenl of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard. and we have fulfi118d our other ethical
responsibilities In accordanc8 Wlth thèse requiréments. We believe that the audit evidenc8 we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In audiling the financial statements, we have concluded thae the trustees, use of the going concem
basis of accounting in the preparation of the financial statements is appropri8te.
Based on the Work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast slgnificant doubt on the charit￿$ ability
biiiitii)ue as a yuiiiy LUllL¥llI Ivi d V¥IiULi uf dl led51 Iw¥lv¥ ii1uiillis Ii'uiii vwl)è11 1118 fiiiaiicial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described
in th8 relevant S8clions 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 (Gontlnued)
Year ended 31 March 2025
Other Informatlon
The other Information comprises the infomalion included in the annual r8POrt, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other information 2nd, exc8Pt to the extent
otherwise explicitly staled in our report, we do not express any fomi of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility IS to read the other
infomation and, in doing so, consider whether the other informalion is materially inconsistent wilh the
financial slalements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required lo determine whether there is a material misstatement in the financial statements or a
material misstatement of the other information. If. based on the work we hava performed, we conclude
that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report In thls regard.
Opinions on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken In the course ofthe audit..
the information given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial ststements., and
the trustees, report has been prepared In accordance with appllcable legal requirements.
Matters on which we are required to report by exceptlon
In the light of the knowledge and underslanding of the charity and its environment obtained in the
course of the audit, we have not Idenllfied material misststements In the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Compani8s Act
2006 requires us to r8POrt to you if, in our opinion=
adequate accounting records have nol been kept, or returns adequate for our audit have not
been re￿iVed from branch8s not visited by us- or
the financial statements are not in agreement with the accounting records and r8turns- or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not recèived all the infomiation and explanations we require for our audit.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action {Nl)
Employment & Training (eondnued)
Year ended 31 March 2025
Responsiblllties of Irustees
As explained more fully in the trustees, responsibilitles 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 they give a true and fair view, and for such internal control as
the trustees detemiine is necèssary to ènabla thè prèparation of financial ststements that are free
from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trusteès ar6 responsible for assessing the charity's ability to
continue as a going con￿M. disclosing, as applicable, matters related to going concem and using the
going concem basis of accounting unless the trustees either intend to liquidate the charity or to cease
operations. or have no realistic alternative but to do so.

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action (Nl)
Employment & Training fcontlnued)
Year ended 31 March 2025
Auditorfs responsibilitie$ for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or e￿Or, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that
an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected lo influence the economic dècisions of users taken on
the basis of these financlal 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 pro￿ureS are capablé of detecting
irregularities, including fraud is detailed b810w'.
In identifylng and ass8ssing risks of material misstatement in respect of irreguSarities. including fraud
and rtron-compliance with laws and regulations, we considered the following..
the nature of the industry and sector, control environment and business performance including
the design of the remuneration policies, key drivers for directors, remuneration. bonus18vels and
perfomance targets:
results of our enquiries of management about their own identification and assessment of the risks
of irregularities.,
any matt8rs w8 identified having obtained and reviewed documentation of their policies and
procedures relating to:
identifylng, evaluating and complying with laws and regulatlons and whelher
management were awar8 of any instances of non-compliance,.
detecting and responding to the risks of fraud and wh8th8r management have
knowledge of any actual, suspected or alleged fraud.,
the internal controls established 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 tax and valuations specialists regarding how
and where fraud mlght occur in the financial statements and any potential Indlcators of fraud.
As a result of these procedures, w8 considered the opportunlties and Incentlves that may exist within
the organisation for fraud and identified the greatest potential for fraud. In common with all audits
under ISAS (UKI, we are also required to perform specific procedures to respond to the risk of
managémèht ovèrrlde.
We also obtained an understandlng of the legal and regulatory frameworks in operation. focusing on
provisions of those laws and regulalions Ihal had a direct effect on the determination of material
amounts and disclosur8s in the financial statements. The k8y 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 effect on
the financial statern8nts but compliance with which may be fundamental for their ability to operate or lo
avoid a material penalty.

Disability Action {Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action (Nl)
Employment & Training fconllnued)
Year ended 31 March 2025
As part of an audit in accordance with ISAS {UK), we exercise professional judgment and maintain
professional s￿ptiCIsM throughout the audit. We also:
Identify and assess the risks of malerial misstatement 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 to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting froffl error.
as fraud may involve collusion, forgery. intentional omissions. misrepresentations, or the override
of internal control.
Obtain an understanding of internal control relevant to the a(Jdit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of Ihe internal control.
Evaluate the appropriateness of accounting policies used and the reasonablenes5 of accounting
estimates and related disclosures mad8 by the trustees.
Conclude on the appropriateness of the trustees. use of the going concern basi5 of accounting
and. based on Ihe audit evidence obtained, whelher 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 r6quir8d 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 opinlon. Our conclusions are based on the audlt evidence obtained
UP lo the date of our auditor's report. However, future events or conditions may cause the charity
to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, includlng the
disclosures, and whether the financial statements represent the underlying transaclions and
events in a manner that achi8ves fair presentation.
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.
10

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Independent Auditor's Report to the Members of Disability Action (Nl)
Employment & Training (eontinu8dJ
Year ended 31 March 2025
As explained more fully in the Trustèes. Responsibilities Statement (set out on page 4), the trustees
are responsible for the preparation of the financial statements and for being satisfied that they give a
true and fair view. Our responsibility is to audit and express an opinion on the financial statements in
accordance with applicable law and International Standards on Auditing {UK). Those siandards
require us to comply with the Financial Reporting Council's IFRC's} Ethical Standard for Audttors., in
the circumstances set out in note 26 to the financial ststements.
Use of our report
This report is made solely to the charitys mèmbers, 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 state to the
charity's members those matters we are required to state to them in an auditorfs report and for no
other purpose. To the fullest extént pemitted by law. we do not accept or assume responsibility to
anyoné 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 IFCA) {Senior Slatutory Auditor)
For and on behalf of
Finegan Gibson Ltd
Chartered accountants & ststutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN
11th November 2025
11

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Unrestricted
funds Total funds Total funds
2024
Note
Income and endowmants
Charitable activities
Investment income
537,825
537,825
509,864
Total Income
537,831
537,831
509,869
Expenditure
Expenditure on charitable activities
Total expenditure
512,156
512,156
648,898
512,156
512,156
648,898
Net Incom81(expenditure) and net movement in funds
25,675
25,675
(139,029)
Reconciliation of funds
Total fvnds brought forward
Total funds carriad forward
{447,607) 1447,607) (308.578)
(421,932) 1421,932) 1447,607)
The statement of financial activities includes all gains and losses recognised in the year.
All income and expendlture derive from continuing activities.
Th8 notos on pages 15 to 27 form part of these financlal statemants.
12

Disability Action {Nl) Employment & Training
Company Limited by Guarantee
ststement of Financial Position
31 March 2025
2025
2024
Note
Current assets
Debtors
Cash at bank and in hand
14
45,844
60,449
48,200
106,512
154,712
106,293
Creditors: amounts falllng dua withln one year
Net current liabilities
15
203,219
242,575
96,926
87,863
Total assets less current Ilablllties
196,926)
(87,863)
Credltors: amounts falling due after more than one year
16
36,597
47,421
Provisions
18
288,409
312.323
Net liabilities
1421,932) (447,607)
Funds of the charlty
Unrestricted funds
(421,932) (447,607)
(421,932) 1447,607)
Total ¢harlty funds
21
These financial ststem8ntS W8re approved by the board of truste8s and authorised for issue on 11th
November 2025, and are signed on behalf of the board by:
M Douglas
Trustee
P Bray
Trustae
Th8 notes on pages 15 to 27 form part of these financial ststaments.
13

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
2025
2024
Cash flows from operating activities
Net incomel(expenditurel
25,675
1139,029)
Adjustments for..
Other interest receivable and similar income
Accrued expensesl{income)
(6)
20,050
(5)
13,928)
Changes in..
Trade and other debtors
Trade and other credytors
Provisions and employee benefits
Cash gènerated from operations
2,356
(71,591)
(23,914)
(47,4301
{18,958)
(99,465)
175,129
(86.256)
Interest received
Net Cash used in operatin9 activities
(47.424)
(86.251)
Cash flows from flnancing activities
Proceeds from loans from group undertakings
Net cash froml(used in) financing activities
1,361
(6.637)
(6,637)
1,361
Net decrease In cash and cash oqulvalents
Cash and cash equivalents at beginning ot year
Cash and cash Oqulvalents at end of yoar
(46,063)
106,512
(92,888)
199,400
106,512
60.449
The notes on pages 15 to 27 fomi part of these financial sLitements.
14

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Ststements
Year ended 31 March 2025
General inforniation
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is Portside Business Park, 189 Airport Road West, Belfast, BT3 9ED.
statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordan￿ with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP {FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical wst basis, as modified by the
revaluation of certain financial assets and liabilitles and investrnent properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the fvndional currency of the entity.
Going concern
Disabllity Action (Nl) Employment & Training has significant contractual commltments to the
costs of paying for its share of the Northem Irgland Charities Pension Scheme's (NICPS) final
salary pension scheme deficit. Note 19 to the financial statements provides detailed informallon
on this pension scheme which was closed to new members in 2009. Disability Action INI)
Employmént & Training is ¢urrenlly making a fixed annual payment to mèet its share of the deficit
based on the latest (30th September 2022} scheme actuarial valuation. The liability for future
payments measured at their present value is recognised as a liability in the financial stslements
and the Statement of Financial Position shows significant net liabilities as a result. The Trustees
are confident that annual fi'xed targets are set lo ensure that the organisation is able to make
these annual deficit payments and remain financially sustainable.
Net liabililies on the Statement of Financial Position are £421,932. Liabilities include amounts
owed to group undertakings of £114.418. The trustees are also trustees of Disability Action {Nll
and they verify the ongoing financial support of the controlllng charity to Disability Action (Nl)
Employment and Training.
The Trustees consider that there is no material Un￿rtaintY related to these events or conditlons
and they therefore deem it appropriate lo prepare financial statements on a going concem basis.
15

Disability Action (Nl) Employment & Training
Company Llmited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2025
Accounting policies (eontinued)
Judgements and key sources of eslimation uncèrtainty
The preparation of the financial statements requires management to make judgements.
estimates and assumptions that affect the amounts reported. These esllmates and judgements
are continually reviewed and are based on experien￿ and other factors. including expectations
of future 6vents that are believed to be reasonable under thè circumstances.
Significant Judgements
The judgements (apart from those involving estimatlons) thal management has made in the
process of applying the entity's accounting policies and that have the most slgnificant 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 estimation uncertainty
Accounting estimates and assumptions are made concerning the future and by their nature will
rarely 8qual thè related actual outcome. The key assumptions and other sources of estimation
uncertainty that have a significant risk of causing a material adjustment to the carrying amounts
of assets and liabilities wlthln the next financial year are as follows:
The valuation of the pension liability is based on discounting future contributions to fund the fund
shortfall. Those contributions are based on current arrangements, but may be subject lo change
in the fvture.
Fund accounting
Unréstricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds eamarked by the ttustees for particular future project or
commitment.
Restricted funds ar8 subjected lo restrictions on their 8xpenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or
endowment funds.
16

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements fcontlnued)
Year ended 31 March 2025
Accounting pollcles {contlnued)
Incomlng resources
All incoming resources are included in the ststement of financial activities when entidement has
passed to the charity- it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income..
income from donattons or grants is recognised when there is evidence of entitlement to Ihe
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 at the fair value of the goods unless this is
impraclical to measure reliably, 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 recelved rf the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from conlracts for the supply of seN1￿$ is recognised with the dèlivery of the
contracted service. This is Classified as unrestricted funds unless there is a contractual
requirement for tt to b8 spént on a particular purpose and returned if unspent. in which cas8
it may be regarded as restricted.
Resources expended
Exp8nditure is r8cognlsed on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannol be fully recovered, and is dassified under headings of the statement of
financial activlties to which it rèlates:
expenditure on raising funds includes the cosls of all fundraising activities, events,
non-charitsble trading activities, and the sale of donated goods.
expenditure on charilable activities includes all costs incurred by a charity In undertaking
activities that further its charitable aims for the benefit of its beneficiari8s, including those
support costs and costs r8lating to thè govemance of the charity apportioned to charitable
activities.
other expenditure inciudes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resourc8. Dlrect costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
bemeen the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequenlly stated at cost less any
accumulated depreciation and impairment losses. Any langible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation 18ss any subsequent
accumulated depreciation and subsequent accumulated impaiment losses.
17

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (contlnu
Year ended 31 March 2025
Accounting policies (conllnued)
Tangible assets (¢onllnuedJ
An increase in the carrying amount of an asset as a résult of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairmenl that has previously been
recognlsed as èxpenditure within the statement of financial activities. A decréase in the carying
amounl of an asset as a r6suIt of revaluation, is recognis6d in oth8r rècognised gains and losses.
except to which it offsets any previous revaluation gain, in which case the loss is shown within
othtsr recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value. over the useful economic life of thal asset as follows:
Equipment
15 % straight line
Impairnient of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordlngly. Prior impalmients are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to eslimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
id&ntrfiable group of assets that includes Ihe asset and generates cash inflows that largely
independent of the cash inflows from othèr assets or groups of ass8ts.
For impainnent 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 synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those unlts.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
ar8 not recognised until there is reasonable assuran￿ that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant doès not impose specified future performance-related conditions on tha
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specified future performance-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Whera
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a
18

Disability Action (Nl) Employment & Training
Company Llmlted by Guarantee
Notes to the Financial Statements {continu8d)
Year ended 31 March 2025
Accounting policies (Continued)
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of
past event. it is probable that Ihe entity will be required to transfer economic benefits in
settlement and the amount of the obligation can be estimaled raliably. Provisions are recognised
as a liability in the statement of financial position and the amount of the provision as an axpense.
Provisions are initially measured at the best estimate of th6 amount required to settle the
obligation at the reporting date and subsequently reviewed at each reporting date and adjusled
to reflect the current best estimate of the amount that would be required to settle the obligation.
Any adjustments to the amounts previousty recognised are recognised in income or expenditure
unless the provision was originally recognised as part of thè cost of an asset. When a provision is
measured at the present valu6 of the amount expected to be required to settl6 thé 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 8xpendlture heading.
Financial instruments
A financial asset or a financial liability is recognised only wh8n the charity becomes a party to the
contractual provisions of the Instrumenl.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Currenl assets and current liabilities are subsequentiy measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in sharès are publlcly 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 impairment.
Other financial instruments, including derivatives, ar8 initially recognised at fair value, unléss
payment for an asset is d6ferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measuréd at the presenl value of the future
payments discounted at a market rate ot Interest tor a similar debt IrbSt(uthètlt.
Other financial Instruments are subsequently measured at fair value. with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are revlewed for objective evidence
of impaiment at the end of each reporting date. If Ihere is objective eviden￿ of impaimient, an
impaimient loss is recognised under the appropriate heading in the ststement of financial
activities in which the initial gain was recognised.
19

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (￿ntInUed)
Year ended 31 March 2025
Accounting policies (¢ontlnugd)
Financial instruments (¢ontInu￿}
For all equity instruments regardless of significance, and other financial assels that are
individually significant, these are assessed individually for impairment. Other financlal assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of th8 financial asset that eX￿edS what th8 carrying amount would
have been had the impairment not previously been recognlsed.
Defined Contrlbutlon plans
Contributions to defined contribution plans are recognised as an expense in tha period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that th8 prapaymgnt will lead to 8 reduction in fvture payments or a cash refund.
When conlrlbutions are not expeded to be settled wholly within 12 months of the 8nd of the
reporting date in which the employees render the related seNice, 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 the 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 charilable company
contracted before it ceas8S to be a member. and of the costs, charges and expenses of winding
up, and for th8 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
2025
Funds
2024
Training and employment ag6ncy
grants
Ho$t •mploy•r$
450,726
87,099
450,726
87,099
432,206
77,658
509,864
432,206
77,658
509,864
537,825
537,825
Inveslmont incomo
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2025
Funds
2024
Bank interest receivable
20

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Expendituro on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Employrllent and training
Support costs
507,156
5.000
507,156
5,000
644.416
4,482
644,416
4.482
512.156
512.156
648,898
648,898
Expenditure Dn charitable activities by activity type
Artivities
undertaken
directly Support Costs
Total funds
2025
Total fund
2024
Employment and training
Govemance costs
507.156
507,156
5,000
644.416
4,482
648,898
5,000
5,000
507.156
512,156
Taxation
The Company is a registered charity, and as such is entlued to tax exemptions on income and
profits in furtherance of the charity's primary objectives.
10. Audltors remuneratlon
2025
2024
Fees payable for the audit of the financial statements
5,000
4,990
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
111,200
7.078
23,222
116,837
6,913
186,764
141.500
310,514
The average head count of employees during the year was 712024- 81. The average number of
full-time equivalent employees during the year is analysed as follows..
2025
2024
No.
Number of staff
No employee received employe8 benefits of more than £60,000 during the year (2024.. Nil).
21

Disability Action {Nl) Employment & Training
Company Limlted by Guarantee
Notes to the Financial Statements {continu8dJ
Year ended 31 March 2025
12. Trusteè rèmuneration and expenses
No trustee received any remuneration or reimbursement of expenses from the charity durtng the
year.
13. Tangible fixed a55et5
Equipment
Cost
At 1 April 2024 and 31 March 2025
Depreciation
At 1 April 2024 and 31 March 2025
Carrying amount
At 31 March 2025
18.921
18.921
At 31 March 2024
14. Debtors
2025
2024
Trade debiors
45,844
48,200
15. Creditors: amounts falllng due wlthln one year
2025
2024
Trade creditors
Amounts owed to group undertakings
Accruals and deferred income
Social security and other taxes
Pension contributions due
Other creditors
17,634
114,418
52,593
9,338
612
8.624
58,303
113,057
37,212
20,131
672
13,200
203,219
242,575
46. Creditors." amounts talling due after more than one year
2025
2024
TPT Pension - LT
36,597
47.421
22

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (c<>nthiued)
Year ended 31 March 2025
17. Deferred income
2025
2024
At 1 April 2024
Amount released to income
Amount deferred in year
At 31 March 2025
4,669
{4,669)
11,695
(11,695)
4.669
4,669
18. Provlslons
Pensions
and similar
obllgatlons
At 1 April 2024
other movements
Contribution paid
At 31 March 2025
312,323
7.511
(31,425)
288,409
23

Disability Action (Nl) Employment & Training
Company Limlted by Guarantee
Notes to the Financial Statements (oontinuedj
Year ended 31 March 2025
19. Pensions and other post retirement benefits
The company participates in the scheme, a mulli-employer scheme which provides benefits to
some 11 non-associated employers. The scheme is a defined benefft 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
contribulion scheme.
The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came
into force on 30 December 2005. This, together with documents issued by the Pensions
Regulator and Technical Acluarial Stsndards issued by the Financial Reporting Council, set 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. obligatlons rf those employers are unable to
meet their share of the scheme deficit following withdrawal from the scheme. PartiClP8ting
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.Om and a deficit of £3.2m. To eliminate this funding
shortfall, the Trustee has askèd the participallng employers to pay additional contributions to the
scheme as follows:
From August 2020 to 29 February 2028= £1,280.605 in total (payable monthly)
The recovery plan contributions are allocated to each participaling employer in line with their
estimates share of the scheme liabilities.
Where the 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 deficit. The present value is calculated using the discount rate detailed in these
disdosures. The unwinding of the dis￿Unt rate is recognised as a finance cost.
PRESENT VALUE OF PROVISION
2025
2024
2023
2025
2025
Present value of
provision
288.409
312,323
137,194
RECONCILIA TION OF OPENING AND CLOSING PROVISIONS
2025
2024
Provision at start of period
Unwinding of the discount factor (interest expense)
Deficit contribution paid
Remeasurements- impact of any changes in assumptions
Remeasurements- amendments to the contribution schedule
Provision at end of period
312,323
13,915
(31,425)
(6,404)
137,194
6,266
(31,425)
7,612
192,676
312,323
288,409
24

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Statements (¢onllnuedJ
Year ended 31 March 2025
INCOME AND EXPENDITURE IMPACT
2025
2024
Interèst expense
Remeasurements- impact of any change in assumptions
Remeasurements- amendments to the contribution schedule
Contributions paid in r8spect of future service.
Costs recognised in income and expenditure account
13,915
(6,404)
6,266
7.612
192,676
'includes defined contribution schemes and future Servi￿ contributions li.e. excluding any deficit
reduction payments) to defined benefit schemes which are treated as defined contribution
schemes. To be completsd by the company.
ASSUMPTIONS
2025
2024
2023
Rate of dlscount
The discount rates shown above are the equivalent single discount rates which, when used to
discount the future recovery plan contributions due, would give th8 sam8 results as using a full
AA corporate bond yield curve to discount th8 sam8 recovery plan contributions.
20. Government grant5
The amounts recognised in the financial statements for govemm8nt grants are as follows:
2025
2024
Recognised in creditors-.
Deferred government grants due within one year
4,669
11,695
21. Analysls of charltable funds
Unrestrfctod funds
At
31 March 202
At
1 April 2024
Income Expenditure
General funds
(447.607)
537,831
1512,156) (421,932)
At
31 March 202
At
1 April 2023
Income Expenditure
General funds
(308,578}
509,869
1648,8981 {447.607)
25

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Notes to the Financial Ststements (contlnvodj
Year ended 31 March 2025
22. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2025
Current assets
Creditors less Ihan 1 year
Credilors greater than 1 year
Provisions
106,293
106,293
(203.219) 1203,219)
(36.5971
{36,597)
(288,409) (288,409)
1421,932) 1421,932)
Net liabilities
Unrestricted Total Funds
Funds
2024
Current assets
Creditors18SS than 1 year
Creditors grealer than 1 year
Provisions
154.712
154,712
{242.575) 1242,575)
(47,4211
{47,421)
{312,323) 1312,323)
(447.607) (447,607)
Not Ilabllllles
23. Analysis of Changes In net debt
At
At 1 Apr 2024 Cash flows 31 Mar 2025
Cash at bank and in hand
Debt due within one year
106,512
(113,057)
(6,545)
(46,063)
60,449
(1,361) 1114,418)
(47,424)
(53,969)
2& Contingencies
A contingent liability exists to repay grants and Trust monies received should certain condFtions
not be fulfilled by the charity. In the opinion of the Trustees. the terms of the Letters of Offers
have been. or will be. complied with and no liability is expected.
26

Disability Action (Nl) Employment & Training
Company Llmlted by Guarantee
Notes to the Financial Statements fcontinuedj
Year ended 31 March 2025
25. Related parties
th Dlsability Action (Nl)
Relationship - Disablllty Action (Nl) is deemed to be the charftabl8 company's parent company.
Nature of transactions during the year:
2025
2024
Amount owed to r91atgd party at year end
64,302
62,940
Outstanding balances are unsecured and interest-free.
With Disability Action Tradeable SeThlces Llmlted
Relationship - Disability Action Tradeable Services Limited is a wholly owned subsidiary of
Disability Action (Nl).
Nature of transactions during the year:
2025
2024
Amount owed to related party at year end
50,116
50,116
Outstanding balances are unsecured and interest-free.
The trustees of Disability Action (Nl) Intend lo offer ongoing flnanclal support to Disability Action
(Nl) Employment & Training, which is considered to be a subsidiary entity. The financial
ststements of Disability Action INI) Employment & Training a5 at 31 March 2025 show net current
liabilities of £96,926 non current liabilities of £36,597 and a pension provision of £288.409
resulting in total net liabilities of £421,932.
26. Ethical standards
In common with many other businesses of our size and nature we use our auditors to prepare
and submit returns to thè tax authorities and assist wllh the praparatlon of the financial
stst8ments.
27

Disability Action (Nl) Employment & Training
Company Limited by Guarantee
Management Infomiation
Year ended 31 March 2025
The following pages do not fomi part of the flnanclal statements.
28

Disability Action (Nl) Employment & Training
Company Llmlted by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2025
2025
2024
Income and endowments
Charitsble actlvltles
Training and employment agency'grants
Host employers
450.726
87,099
432,206
77,658
537,825
509,864
Investment Incom•
Bank interest receivable
Totsl incomo
537,831
509,869
29

Disability Action {Nl) Employment & Training
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activltles
Year ended 31 March 2025
2025
2024
Expenditure on charitable actlvltles
Employment and tralnlng
Actlvlties undertaken directly
Wageslsalariès
Employerfs NIC
Pension costs
General expenses
Bad debt
ReVDir Gross Pay
ES Admin fee
111,200
7,078
23,222
29
1,827
361,923
1,877
116,837
6.913
186,764
1.592
330,433
1,877
644,416
507,156
Governance costs
Audit fees
Legal and other prof8ssional fèes
5,000
4,990
{508)
4,482
5,000
Expendlture on Charitsble activities
512,156
648,898
Net incomel(expenditure)
25,675
1139,029)
30