Depaul Northern Ireland (A company Ilmit•d by ou*rant••, not havlng agharg capltill Annual Report and Audlted Flnanclal Ststsments for the financlal year ended 31 December 2022 Company Number: 054108 Charlty Numbor: 1029961 XR87991 Depaul Northern Ireland (A company Ilmltgd by guarnnts•. not Iw¥ln9 a I￿r• capltsll CONTENTS Pag• Trustees and Other Irrformation Chairperson's Statement Trustees, Annual Report 5-11 Statement of Trustees, Responsibilities 12 Independent Audltor8' Report 13-15 siatement of Finand81 Activities 18 Balance Sheet 17 Statement of Cash Flows 18 Notes to Ihe Financl81 Ststements 19-28 The follo￿￿n9 pages do not forni part of the statutory financial ststements.. Supplementary Infomation Relating to the Flnanclal Statements Operating Statement 29-30 Depaul Northern lrnland IA comp•ny Ilmtt•d ty 9umntN not h•vlng a •har• eapltal) TRUSTEES AND OTHER INFORMATION Tnwtees John Murphy, Chairperson Paul Stsnley, Treasurer David Lane Jennifer Lee Mary Leonard Fr. Joseph Loftus Yvonne Mcwnirther John Megahey Sr. Margaret O'Donovan Paul O'malley Paul Ihhite Company SoGrntsry Laurence J. Tuomey Executlv• L•adershlp T•am David Carroll, CEO Demot Murphy, Director of Services and Development Sarah Reeves, Dlrector of People and Organisation Kevin Ba￿ett, Director of Finance and Risk Caroline O'connell, Director of Fundraislng and Communications Reglstratlon Numbers Charity Commission for Northem Ireland Registration Number: 102995 HRMC Charitable Tax Referen¢É Number: XR87991 Company Registration Number.. N1054106 Re918tsred Offlco and Prfn¢lpal Addr￿9 449 Antrfm Road Belfast BT15 3BJ Northem Ireland Audttor8 Crowe Ireland 40 Mespil Road Dublin 4 D04 C2N4 Ireland Bankern Danske Bank 49-51 University Road Belfast BT7 1ND Northem Ireland Sollcltor4 A&L Goodbody IFSC 3 Dublin Landings North Wall Quay Dublin 1 D01 C4EO Depaul Northern Ireland IA compary Ilmltyd by guarnnto•, not hvlnp • •h•re ￿P￿all CHAIRPERSON'S STATEMENT for the financial year ended 31 December 2022 2022 saw the V￿r1d beglnning to emerge from Covid, 8 time that affected our 8èrvi¢as and people who are homeless irnmea8urably, However, this move towards relative nomality also colncided wlth a worsening of the challenges that people we serve face. The range of Depaul's seNices, induding ourtemporary accommodation, community seNices and day Centre in UDerry, have been at the forefront of dealing with these consequences, th increased drug and alcohol use, povety and ment81 health difficulties being features of our work. Depaul 81s0 rose to the challenges presented by the war in Ukraine. I would like to recognise the traumatic year that our colleagu88 In Depaul Ukraine have experienced and Depaul in Northem Ireland managed to raise badly needed funds to support their humanitanan work for intemally displacéd people. The cost of living crisis has particularly affected our service users in the communty and we worked with others in the voluntary and community sector, as well as using our fundraised income, to alleviate the Impact of these financial pressures. This has resulted in preventing lenancy breakdown for many households and making sure that people could stay warni over the winter, including those most vulnerable and children. I would like to thank our Board of Tru8tee8, who come from a wide range of backgrounds, for their ts'me, skills and professionalism. Under their leadership, Depaul continues to extend the reach of our 8ervi¢es to people who are homeless whilst meeting the highest governance and financial standards. In addition, I would like to commend our executive and senior leadership group for their professional dedirAtion to ending homelessness in Northem Ireland. My deepest gratitude must be extended to our employees who, in the most challenging of times, have maintained servlces of the hlghesl quallty. It is imperative that govemment Ilstens to and acts on the sectorfs call for faimess and equity in the treatment of our workforce. In 2022 Supporting People funding increased for the first time in 14 years which meant that some improvements cculd be made to staff tems and conditlons. Ajongside this Depaul engaged in a major restructuring of our services. l am confident that the changes we have made in the last year wll enable us to ba more robust and resilient in working towards ending homelessnoss In Northem Ireland. And finally, I would like to slncerely thank our r8nge of statutory funder8. grant making bodies, businesses and the public for the continued support of the organisation and helplng us succe$sfvlly negotiate another challgnglng year. John Murphy Chajrperson Date: 24 May 2023 Depaul Northern Ireland IA ¢omp•ny Ilmltsd by guarant••, not havlng a•h•r• capltsl) TRUSTEES, ANNUAL REPORT for the financlal year ended 31 December 2022 The Trustees {￿0 are the dlrectors of the company) are pleased to present their Annual Report and aud5ted Flnancial Ststements of Dépaul Northem Ireland forth8 year ended 31 December 2022. Depaul Northem Ireland has prepared tts FinancÉal Statements in line with the Companies Acts and Accounting and Reporbng by Ch8rlties'. Statement of Recommended Practlce ('Charities SORPI appllc8ble to ch8rrtles preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland ('FRS 102.). The Truste88 have not prepared the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directotrs Report) Regulations 2013 85 the company qualifie8 as small under section 383. OUR HISTORY Dapaul Northern Irelancl Is part cf a group of charities (the 'Depaul Groupl that works acro88 the world vthth mission to end homel&ssness and change the lives of those affected by it. The ultimate parent company 1$ Depaul Intemational. The Depaul Group of charities came about as a joint response by thr88 organisations to the rise ol youth homelessness in the late 1980's in London. These were the Daughters of Charity of St Vincent de Paul, the Society of St Vincent de Paul and the Passage Day Centre. All three owe their vision, mission and values to the life and work of St Vincent de Paul. a great social and spiritual reforner In 17th century France. They ar8 part of 8 global network of charitable and religious organisations known collectively as the Vincentian Family. St Vincent de Paul believed in action rather than words, in taking risks to help the poor, and in finding new ways to deal with old problem8. Atthough Depaul International 18 independent of these founding organisations, it continues tD V￿rk closely with them and other members of the Wincentian Family globally. The Depaul Group is recognised as being part of the Wincentian Family in its own right, working incluslvely wth homeless and disadvantaged p6ople of all faiths and none, which is rèflected in the makeup of its employees, volunteers and Trustees. Depaul Intemational now operates In Ireland, United Kingdom, USA. Ukralne, Slovakla, Croatia and France. Depaul came to the Republlc of Ireland in 2002 on the invitation of both the Irlsh Govemment and the Mncentlan Family In Ireland. There was an unmet need at the time, in particular for those with very complex needs who found it difficutt to access and maintain accommodation Servi￿ due to thelr lrfestyie. Depaul Ireland developed pragmatic r8spons83 to work with these groups and opened many services that were the firsl of their klnd in Ireland. Depaul Northem Ireland w8S 6St8blish6d in 2005 as a subsidiary undertaking of Depaul Ireland. In 2018 Depaul Ireland established a second subsidiary company, Depaul Housing Assoclation {'Depaul Houslng.) which 15 an Approved Housing Body. Together these three charities form the Depaul Irish Group. In 2015 the Depaul Group became known slmply as °Depaul°. At this time 'Homèlessness has no place. was adopted as the intemats'onal expreg$ion of the Group mission. Depaul Intemalional works under a Board and Assembly govemanc8 Structure, which provides ov&rsight while recogni5ing and respecting the individualty of each subsldiary charity wlthln Ihe Depaul Group. OBJECTIVES AND ACTIVITIES Our Vlslon, Ml•8lon and V•lu•8 Depaul works to support people who ara homeless or at rlsk of homelessness. Qur Vlslon18 of a society in whlch everyone, across the world. has a place to call horne and a stake in thelr communty. Our Misslon18 to end homeleBsness and change the lives of those affected by it. Our Values are.. We celebrate the potential in people. We put words into action. We take a wider role in civil $￿Iety. We belleve in rlghts and responsibilities. Depaul Northern Iroland IA eomparny Ilmrtod by guar4rrt*. not ha¥lNJ 8 ih•r• ￿P￿lI TRUSTEES, ANNUAL REPORT for the fin8nual year ended 31 Dacember 2022 Revlow of Actlvltle8 During the year th8 D¢paul Irish Group provided support for 7,455 (2021: 3,6701 people including slngle people. couples and families across all our ServI￿S throughout the Depaul Irish Group. The total number of people supported in the Republic of Ireland was 6,45412021: 2,658) and in Northern Ireland wa8 1,001 (2021: 1,012). In addition, Depaul Housing provided 32 (2021: 16) tenancies during the year. Key Achl•v•ments In the Year Dapaul Northern Ireland achievements included: Restructured our Northem lrtsh services to ensure they continue to deliver according to govemment strategy and deliver value for money. This reStrU￿Udng involved management restructuring, role redesign and allDwed an increase in the number $8Tvice users supported. Fully reopened our Foyle Haven Day Centre as Covid restrictions eased. Our Dery based Day Centre. vthich celebrated its 2011 Anniversary in 2022, was abla to reopen and welcome serrflce users ba¢k in person. Other emergency Covid services were unwound durfng the year. Charltable Actlvltle8 The Depaul Irish Group strategic plan, 'A Path Home", builds upon the foundalons of our tradltlonal Low Threshold approach to service provision by engaging in Speclallsed servic￿ centred on meeting unique needs and building permanont Solutions in our Houslng-ledapproach to services. The plan sets out a strategic dlrectlon which bullds on Depaul's signfficant success achieved to date. Our strategy is Gentred around five maln themes each of whlch represents an area wthin the organisation which will drive thange durlng the lifetlme of this strategic plan. This plan is accompanied by key performance indicators that wlll ouuine actions V￿ will take and how we will monltor our progress. Theme 1: our servlces and housing Theme 2: our people Theme 3: our organisation Them• 4: our 8ervice users Theme 5: our voice Dep8uI's rn1￿10n Is to end homelessness and change the lives of those affected by it. We belleve that the experience of homelessnes5 8ffecl8 people in a myriad ol ways and therefore requiras different approaches. People who are homeless are not a homogenous group and the manner by which Depaul organise its servlces reflects this complexity. Our response to seNice provision is organised into 5 setvice pillars.. Prevention, High Support Accommodation, Familie8 and Young People, Health and Rehabilitation, and HoU￿ng. This approach allows services to be tailored and modelled specifically for the needs of the households served. Depaul's prevention services work in communtties across Northern Ireland, ensuring tsrnilies and indivi6uals are able to maintain their tenancies and live independently within thelr own communities. These services are designed to interyene at a community level to help prevent people entering homelessness and assisting people who have a history of homdessness gain roots in their communities, Depaul'¥ pr8ventlon se￿1¢e encompasses a Harm Reduction Noating Support Service and Depaul's Foyle Haven Day Centre in UDerry. The Floating Support 88rvice in UDery supported 52 (2021". 43) indlvldual8 Wtth a history of drug and alcohol abuse to remain in their own homes. The Foyle Haven Day Centre continued through 2022 and was able to welcome people back into the centre as Covid restrictions on the numbers allowed in the Centre at any one time were lifted. The Day Centre worked with 403 people {2021', 244 people). Depaul Northern Ireland IA ¢crfnpony Ilmlt•d by BU•r￿ts￿, not hwlng a ¥harn capltall TRUSTEES, ANNUAL REPORT for the financial year ended 31 December 2022 li Depaul's origins lie in its ability to provide low threshold accommodation for men and women ￿th significant drug and alcohol difficultses. Our High Support Accommodaiion services are structured to offer supported accommodation to those who have the greatest difficultias and compleX￿e5. They are designed to ofler emergency support and case management supports to tackle such issues and support people to move to longer terni more independent living arrangements. Stella Marls, an alcohol managed sep4ice in the dockg area of Belfast, supports man and VK•men who are homele8S Wrth alcohol dfficulties, The Covid limitstions which prevented room sharing and curtailed access to communal areas were eased during 2022. During Ihe year Stella Maris worked with 38 people {2021." 47 people), The Castlehill Seprfic8 in Dungannon facad similar challenges to Stella Maris, bLrt was assisted by the setrf- contained nature of the accommodation. Again Covld protocols were eased durfng 2022 85 the pandemic waned. During Ihe year Caslehill accommodated 62 people <2021.. 60 people). milies a Depaul Northem Ireland provides vital accommodatlon and community supports for vulnerable famllles and young people who are gxperiencing or are at rfsk of homelessness. Our Belfast based Family Floating Support service provides support to families moving on from temporary accammodation into the community and supports familie$ at risk of homelessness. The Family Floating Support service worked Y￿th 93 adults and 157 children through the year (2021.. 136 adutts and 193 chlldren). Mater Dei in North Belfast and Cloverhlll in Twinbrook are our temporary accommodation services designed to provide famllies with the b95t posslble support to de81 wth the 8xperience of being in temporary accommodation and assist them to move into pemianent housing as soon as possible. Both Services offer 24-h￿Jr support and are assisted by the Childcare Support service funded by Children in Need. In 2021 significant support was received from the Smurfrt Kappa Foundation which funded a much needed upgrade of the fvrnrture and fitting8 in both of these services. Mater Dei accommodated 34 adults and 32 children {2021: 42 aduits and 41 Children) while Cloverhill accommodated 47 adults and 56 children (2021: 43 adults and 52 children). sin Depaul conslders that housing18 ultimately the solution to homelessness, Depaul Northem Ireland operates number of servlces wf(hin the commun"ty, providing housing solutions for very vulnerable people. Foremost amongst these are the Housing Flrst services in UDery and Belfast. Housing First is an approach based on the philosophy that all individuals, despite their background, can live independently once the proper supports are provided. Depaul have been pioneers ofthis approach in Northem Ireland. During the year thls 8eNlce worked wlth 58 people (2021.. 77) people across the cities. Heal handR h on Depaul provide8 vltal onslte healthcare supports while working closely with other agencle8 to ensure those experienclng homelessne$8 have acc•ss to the healthcare they require. 2020 saw the establishment of a structured relationship vAth the Western Trust to provide nursing service5 to individuals attending our Foyle Haven Day cent￿ which remalned operatlonal through 2022. Thi8 Vltal intervention plays a key part in Supporting the health of Some of the most vulnerable Individuals in LID8ry, Depaul Northem Ireland {A company Ilmll•d by guvants•. not h￿Ing • I￿rn capltsD TRUSTEES, ANNUAL REPORT for the financlal year ended 31 December 2022 Voluntsars Depaul has a strong culture of supporknng volunteering. l•Ve believe that people should have a way to tangibly demonstrate their care and compassion, and that the experience should be as beneficlal to the volunteers as It is to those we seNe. Volunteers a￿ given a comprehensive induction programme and supported through ongoing review and training. The 8bllty of Volunte8r8 io be involved wfth our service users was significantly curtailed during the year due to th8 rlsks associated V￿th Covid-19. Nevertheless, we remain grateful for the unstinting efforts ol our volunteers who provide such valuable benefit through a wide ranga of activities designed to engage. support and befriend our service users. During 2022 35 (2021.. 42) volunteers contribLrted 36612021.. 120) hours of volunteering across our services in Northem Ireland. FUTURE PLANS Depaul is committed to continuously Improve and devélop its Services and 18 focused on a numbar of key developments for the next year as follows.. Appointing a sustainable development manager for the next two years to review the 8ervices offering in Northem Ireland. STRUCTURE, GOVERNANCE AND MANAGEMENT Depaul Northem Ireland 18 incorporated as a company Ilmited by guarantee and registered with the Chariti88 Commission for Northern Ireland. Depaul Northem Ireland fi188 ts annual accounts and annual monitorirvJ report with the Commission. The Trustee8 Tha strateglc direction and govemance of the ¢omp8ny Is the responslbllity of the Trustees. The Nominats'ons Committag 8eek8 people with suitsble skills to seNe on the Board of Trustees and manage3 the process for the recruitment, appointment and rotation of Trustees. Depaul Intemational, the ultimate parent company. approv83 the appointment of any new Trustees. Newly appointed Tnjstees receive a letter of appointment and an Induction progr8fflme covering responsibilities and involvement outsid8 of formal Trustee meetings. The following were Trustees of the campany, and unless in¢Yicated otherwise. 8erved for the entlra year.. John Murphy. Chairperson Dw4id Lane Jennlfer Leg Mary Leonard Fr. Joseph Loftus Yvonne MclAtrirther Sean Megahey (apFoint8d 20 July 2022) Michael Murphy (resigned 5 February 2022) Sr. Margaret O'Donovan Paul O'malley (appointed 24 October 2022) Paul Slanley Paul Vthite The Company Secretary was Lauren¢8 J Tuomey. Throughout the year, the Trustéès did not receive any loans or remuneration from th8 company. Th8 Gompany does nol hava a sharè c8PÉtaS. Depaul Northern Ireland IA ¢omp•ny Ilmtt•d by guaranm not h•vlnq • •h•rè ￿pIts1) TRUSTEES, ANNUAL REPORT for the financial year ended 31 December 2022 In order to ensure that Depaul Ncthm Irelwd is managed efficiently and effectively, the Trustees have delegated range of day-t• dedslon maklng powers to executive management, The Trustees have establlshod appropriate controls and mechanisms to ensure that the staff team operate wthin the p¢)wers delegated to it. Tha Executive Leadership Team is responsible for the overall management of the Depaul Irish Group, incorporating Depaul Ireland, Depaul Northem Ireland and Depaul Housing. This team 18 SUPPOrted by a number of senlor managers and each service has a local management tsam. Trustso Commltlws The Trustees have established five SU￿0mMitteeS to support the work of the Board of Trustees: Services, Quality and Development committee Finance, People and Organisalion, and Risk Committee Fundraising and Communication committee Rernun8ra￿on cornmittee NomlnaUon8 committee E8ch committee 18 govemed by 8 Trustee 8pproved term5 of reference and may have Co-opted other members when appropriate. Most of the Trugtees are a member of at least one of Ihe sub-comrnlttees of the Board. The Nominations committee a150 5UPPOrts the appointment of committee memb8rs. Other than the Remuneration committee, which meets 85 needed, committees meet a minlmum of four times per year. FINANCIAL REVIEW Revlew of rn8utt8 Total income for the year amounted to £4.4m (2021: £4.2m) with the increase reflectlng addrtional ststutory support for service users housing benefft. Depaul Northem Ireland depends on a high level of statutory income, wrlh nearfy 85% (2021: 84%) of our income coming through various govemment departments for a range of services. We continue to invest in our fundraising activities in order to raise the profile of the organisation and to increase our ability to maintain seNices With this much-needed additional income. Our fundraising income for the year amounted to £0.88m, reflecting the continued generous response from Indivlduals across the community. Our supporters understand that Christmas and the wlntor months are a particular vulnerable time for homeless people and contributions from the public are concentrated in the last month5 of Ihe year. The impact of the additional non-statutory income has meant Depaul Northem Ireland ended the financlal year wSth an unrestricted r888Ne of £1.2m (2021: £1.Om}. Reserves Depaul Nothem Ireland's reseples fall into tsvo types: Restiicted lunds.. these are generated when the donor stipulates how their donation must be spent or 88 a result of an appeal that has been run for a specific project or activity. Unrnstricted funds.. These are generated when the donor does not stipulate how their donatlon must be spent. Unrestrlcted lunds include d•sign8tsd and other funds where the Trustees have set aside money for a specific purpose or to cover possible rlsks. The Trustees adopt a reseNe policy whl¢h they conslder appropriate to ensure the continued abllty of the company to meet objectives. Consideration is given to asse8sing the risk, probability 8nd likely impact on our ablllty to meet finanGial obllgation8 or reduce expenditure in the short term due lo a decline in inGome. The Trustees reviewed thelr ￿serveS policy during 2022 and set an un￿strICted general reserve minlmum target of e Vopeks 8nnual operating costs to Gater for short temi worklng capitsl needs and an addilional unre8tricted Depaul Northern Ireland (A c¢mp•ny Ilmlted by guorants•. not h•vlng a •h•r• uplt•l) TRUSTEES, ANNUAL REPORT for the financlal year ended 31 December 2022 reserve target of betrween 6 weeks and 20 weeks annual operating costs to cater for longer periods of disruption that might arise due to unexpected future adverse events. At 31 December 2022 the company had sufflcient reserves for the general reserve target of 6 weeks annual operating costs and held an additional 11.3 weeks (2021: 8.5 weeks) for the unrestricted reserve tsrget which is V￿thin the pollcy range of 6 to 20 weeks. The Trustees consider there are sufficient unrestricted reserves at year end to avoid an unacceptable level of disruption to the organisatlon in the event of a downtum In future income. RISK MANAGEMENT The Trust888 have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to rnitlgate our exposure to these major rfsks. The Trustees maintain 8 risk reglster, which they re￿8W rogularly. cost Inflat￿n nsks.. the rate of cost inflation experienced in 2022 was significant and adversely impacted the Group. Statutory funders respcnd8d to th8s8 events a8 did a number of ￿rpOrate donor8. The medium term impact remains uncertain and Depaul Northem I￿land continues to monitor the risk of further irfflationary pressures. Reputation81 nsks." the Trustees are conscious of th8 importan¢8 of its reputation 88 8 well-run organisation deltvering public benefrt and have undertaken steps to ensure Depaul Northem Ireland's govemance and management structures are robust and give confidence to all stskeholders and operate In line with our values. Financial nsks.. the organisation exposas itself to a variety of financial risks including a reduction in statutory income or in communty support to fundraisins appeals. Measures to mitigat8 this risk include strong budgetsry management and cost control and proactive negotiations with key stakeholders on appropriate service budgets designed to cover direct and indirect costs. The Finance, People and Organ188tlon, and Risk commlttee monitors financial risks and on a quartety basis. Hgatth and S8fety rKgks.' the Trustees recognise the Importance of health and safety in all of our servSces. Depaul Northem Ireland implements robust Systems and structures to 8nsur8 all health and safety regulations are complied with. There is quartedy reporting on compliance to the Services. Quality and Development commlttee and annual reportlng to the full Board. Legal and Regu18tory t78ks.' the company is réquired to comply y￿th a wider range of legal and regu18tory obllgatlons. Policle$ and procedures are in pla￿ to ensure compliance wth these obligations, howev8r, there inevrtably rem8ins a residual risk of an operational failure resulting in a breach of these obligations. InSU￿ble risks.. the organisatlon incurs exposur8 to employer, public and propety damage Ilabilty by virtue of the nature of its operations. While a strong emphasis is placed on health and 58lety and rlsk management practice8 to avoid liability arising, insurance cover is maintained to mitigale the financial impact from such ev•nts. P9rfonnance risks.. there Is a risk that the high quality of our seNices may not be maintained and we perfom below the expectats'ons of ourfundeT5 a3 set out in their service level agreements. The Trustees monitor perfonnance on an ongoing basis and have implemented annu81 service audit programmes as ¥￿11 as employee and Se￿Ce user suNeys to provide them wilh assurance in thi8 regard. GOING CONCERN After rnaking appropriate enquirfes, the Trustees have a reasonable exFectation thatthe company has adequat8 resourc88 to ¢onllnue in operational existence for the foreseeable fiJture. For this reason, they continue to adopt the going concem ba8is in preparing the financial statements. Further details regarding the adoption Of the golng conGem basis can be found in the accounting policies to the financial statsments. EVENTS AFTER THE BALANCE SHEET DATE There were no slgnificant events affecting the company after the end of the year. 10 Depaul Northern Ireland {A eompany Ilmll•d by guarnnts•, not h•vlng • •h•r• c•plla TRUSTEES, ANNUAL REPORT for the financlal year ended 31 December 2022 BOOKS OF ACCOUNT Th6 m8asures taken by the Trustees to ensure compliance with the requirements regarding proper books of account are the impl8rnentation of necessary policies and procedures for recording transactions, the employment of competent accounting personnel wtth appropriate expertise and the provision of adequate resources to the financial function. The books of account ol the company are malntalned at 449 Antrim Road, Belfast. DISCLOSURE OF INFORMATION TO AUDITORS Each of the Trustees at the time when this TrL5Stees' Annual Report was approved has confjrnied that.. 80 far 85 Ihat Trustee is av¥Bre, there Is no relevant audil Infomiatlon of which the company's auditors are unaware. and the Trustee has taken all the steps that ought to have bean taken as a Trustee in order to be aware of any relevant audit infomiation and to establish Ihat the company's auditors are aware of that infomiation. This confirmation Is glven and should be Interpreted in accordance with the provisions of section 418 of the Companies Act 2006. AUDITORS The Auditors, Crowe Ireland, have indlcated their willingness to continue in office in acGordance with the provisions of $8Glion 485A (7) of the Companies Act 2006. Approved by the Board of Trustees on 24 May 2023 and signed on its behalf by: John Murphy, Ch81 erson Paul Stanle asurer Depaul Northern Ireland IA company Ilmltod by guarantso, not • •h•r• c•pltall STATEMENT OF TRUSTEES, RESPONSIBILITIES for the financial year ended 31 December 2022 STATEMENT OF TRUSTEE8' RESPONSIBILITIE8 The Trustees. who are the directors of Depaul Northem Ireland for the purposes of cornpany law. are responsible for preparing the financial ststements in accordance with applicabl818w and regulations. Company law requires the Trustees to prepare financial statements for each financial year. Under the law the Trustees have elected to prepare th8 financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Unitsd Kingdom Accounting Standards and applicable law) including FRS102 °The Financlal Reporting Standard applicable in the UK and Republic of Ireland. ('FRS102'), as well as wth the Accounting and Reporting by Charities: Statement of Recommended Practice (the 'Charities SORP.). Under company18w the Twstees must not approve the finan&al statements unless they are satisfied that they give a true and falr vlew of the assets, liabilrties and financial position of the company as at the financial year end date and of the net income or éxpenditure of the company for that period. In preparing these financlal 8tatements, the Tru3tees are required to.. select suitable accounting policies and apply them consistently. obBerv8 the methods and principles in FRS102 and the Charities SORP., make judgements and estimates that are reasonable and prudent" prepare the finawal statements on Ihe going concem basis unless it Is inappropriate to pre8urne that the company wlll continue In operation. The Trustees confirni that they have complied with the above requirements in preparing the finanaal statements. The Trustees are responsible for keeplng adequate accounting records that ar8 sufficient to show and explain the company's transaclions and disclose wlth reasonable accuracy at any tlme the finanGial position of the company and enable them ta ensure that the financial statements comply with the Companies Act 2006 and the Charib'es Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are r8Bponsible for the malntenance and integrity of the corporate and financial information Included on the company's website. Leglslation in the United lQ'ngdom goveming the preparation and di¥sémination of financial statements may differ from legislation in other jurisdictions Approved by the Board of Trustoes on 24 May 2023 and signed on its behalf by.. John MU￿hy, Ch irperson Paul St surer 12 INDEPENDENT AUDITORS, REPORT to the Members of Depaul Northern Ireland IA company Ilmhd by gugrnnt••, not havlng a •har• capltsl} REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS Oplnlon We h8ve audttad the financial statements of DePaul Northern Ireland (the 'Company') for the year ended 31 D￿ember 2022, whiGh comprise the Stst6ment of Financial Activitie8, the Balance Sheet, the Statement of Cash Flow8 and tha related notes to thé finanThal statements, including a summary of significant accourrting policies. The financial reporting framework that has been applied In their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard appllcable in the UK and Republic of Ireland" and Accountlng and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102. In our opinion, the accompanying financial statements.. give a true and fair view of the assets, liabilities and fin£nci81 position of the Company as at 31 D8cemb8r 2022 and of (ts net movément in funds for the year then ended; have been properfy prepared in accordance with Financial Reporting Standard 102 The Financial Reporting Standard appllcable In the UK and Republic of Ireland. and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities and have been properly prepared in accordan￿ wlth the requirements of the Companies Act 2008 and Charitles Act (Northern Ireland) 2008. Basls for Oplnlon We conducted our audlt In accordance with Intemational Standards on Auditing {UK) {ISAs (UK)) and appllcable law, Our re5ponsibililie8 under those standards are fvrther de8cnbed in the Aud5tors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with th8 ethical requirements Ihat are relevant to our audil of financial statements in UK, induding the FRC'S Ethi￿1 Standard, 8nd we have fulfilled our other ethical responsibilities in accordance ￿￿th these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. We bell&vo thatlhe audit evldence we hava obtsined is sufficient and appropriate to provKle a ba818 for our opinion. Concluslons Relatlng to Golng Concern In auditing the financlal statements, we have concluded that the Trustees, use of the golng concem basls of accounting in the preparats'on of the financial statements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relatSng to events or conditions that, individually or collectivety. may cast significant doubt on the company'8 ability to continue as going ¢xncem for 8 period of at least hvelve months from when the financial stslements 8re authorised for issue. Our re$pon8ibilitles and the respons5bilrtle8 of the Trustees with respect to going concern are described in the relevant sections of this report. Othor Informatlon The Trustees are respDnslble for the other information. The other information comprfses the Infomatlon induded in the Annual Report, other th8n the financial 8tstements and our Auditors, Report thereon. Our oplnion on the financial statements does not cover the other infomation and, except to the extent otherwlse expllcllly stated in our report, we do not express any lom of assurance conclusion thereon. In connedion wtth our audit of the financial statements, our résponsibility is to read the other Information and, in doing so, consider whether the other infomiatlon is materially inconsistent with the financial statements or our knowle(fge obtsined in the audit or otherwise appears to be materially misstated. If we identify such mat8rf81 incons5$tencies or apparent material mlsstatements. we are required to detemilne whether there is a material mlsstatement in th8 financlal ststements or a mat8ri81 misstatement of the other infomiation. If, based on the work we have perfomed, we conclude that there is a material misstatement of this other infomiatlon, we are required to report that fact. We have nothing to report In thls regard. 13 INDEPENDENT AUDITORS, REPORT to the Momb8r8 of Depaul Northern Ireland IA ¢ompory Ilmknj ty gu•r•ntw not h•vlng • 8h•r• eapltsl) Oplnlon on the Other Mattero Prnscrlb•d by the Companiés Act 2006 8ased Solely on the work urKlertaken In the course of the audlt, we report that.. In our opinion. the infomation given in the Trustees, Annual Rep)rt Is consistent ￿th the financial statements; and In our opinion, the Trustaas, Annual Report has been prepared in accordance with applicable legal requirements. We have obtained all the information and explan8tions which we consider necessary for the purposes of our audit. In our oplnlon the accounting records of the Company were sufficient to pemiit the financlal statements to be readity and properly audsted, and the financlal statements are in agreement ￿th the accounting records. Matt•rs on Whlch Wo Aro Requlred to Rgport by Exceptlon Based on the knowledge and understanding of the Company ancf its environment obtained in the course ot the audit. we have not identified material misstatements in the Tru8tee8' Annual Report. We have nothing to report in rnspect of the following matters where the Companies Act 2006 and the Charities (Accounts and Reports) Regulatlons (Northem Ireland) 2015 requires us to report to you rf, in our opinion.. adequ8te accounting records have not been kept,. or the financial statements are not in agreement with the accounting re¢￿d$ and retum8' or Certain disclosures of Trustees, remunèration specified by law are not made,. or y￿ have not received all the infomiation ané explanations we require for our audit,. or the Trustees were not entitled to prapare the financial stalements in accordance with the small companies regime and take advantage of the Small companl88' exemption in preparing the Trustees, Annual Report. Re8pon81blllt188 of Tru8t•es for the Flnanclal Ststements As gxplained more fully in the Statement of Tru8te88' Responsibilities, the Trustees are r88ponsible for th8 preparation of the financial ststements and for being satisfied that they give a true and fair view, and for such intamal control as the Trusl8es detemiine is nec455ary to enable Ihe preparation of financial statement$ that are free from matsrial mlsstatsment, w*hether due to fraud or error. In preparing the financial 8tstements. the Tru$t88S 8re responsible for assessing the Comp8nY8 ability to continue as a going concem, disctosing, as applicable, matters related to going concem and using the going concem ba818 of accounts'ng unle&8 the management either intends to liquidate th8 Company or to cease operations, or has no realistic ali8mative but to do so. Audltorn. R￿POnSIbIlItIeS for the Audlt of the Flnanclal Statements We havg been appointed as auditor under section 65(2) of the Charities Act (Northem Ireland) 2008 and report In accordance wilh the Act and relevant regul8tion5 made or having effect thereunder. Our objectives are to obtain rea80nable assuranca aboui whether the financial statements as a whole 8re free from material mlsstaternent. whethér due to fraud or error, and to issue an Auditors, Report that includes our oplnlon. Reasonable assurance is a hlgh lèvel of assurance, bul is not a guarantee that an audit conducted in accordance th ISAS (UK) will 8￿y5 deteci a material mlsstatemant when it exists, Misstatsments can arise from fraud or error and are considered material rf, individually or in aggregate, they could reasonably be expected to Influence the economic dedsions of users taken on tho basis of these financial statements. IrregularitsO8, Including fraud, are Instance3 of non-campliance with laws and regulations. We deslgn procedures in line wth our responsibilities, outElned above, to detect material rnisstatements in respect of irregularitles. Includlng fraud. The extent to which our procedures are capable of detecting irregularities, Including fraud, is detslled below. 14 INDEPENDENT AUDITORS, REPORT to the Membor8 of Dopaul Northern Iraland (A cL¥npany IlmEt•d ty giiiiintop. not havSng a iharn capltsll Extent to whlch th8 audlt was con$ld8red capablo of detsctlng Irregularltle8, Includlng fraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We Identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraLKI or error, and discussed these between our audit team members. We then designed and performed audit proceduras responsive to those risks, induding obtsining audit evidence sulficient and approprfate to provlde a basis for our oplnion. We obtainad an understandlng of the legal and regulatory fraMe¥￿rkS within which the charity operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financSal statements. We assesseLI the required compliance w¢th these la￿￿ and regulations as part of our audit procedures on the related financial statement items. In addition, we considered provisions of other laws and regulats'on8 that do not have a direct effect on the financial ststements but compliance with which might b8 ndamental to the charity's ability to operate or to avoid a material penalty. We also considered the opportunitle8 and incentives that may exist within the charity for fraud. Auditing stsndards limrt the required audrt procedures to identify non-compliance with these18ws and regulatlons to enquiry of the directors and other management and inspection of regulatory and legal correspondence, rf any. We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the timing and completeness of recognI￿On ol grant and contract inwme and major donations and the override of controls by management. Our audit procedures to respond to the86 risks included enquiries of management and the Audit Committ88 about their own identiflcation and assessment of the risks of irregularities, testing Dfa sarnple oftransactions against the temis of the funding agreements and the requirement of the Charities SORP (FRS102), sample testing on the posting ofjoumals, reviewing accounting estimates for biases and reading mlnutes of meetings of those charged with govemance. Ov￿ng to the inherent Ilmit8tions of an audit, there is an unavoidable risk that we may not have detected some materi81 misstatements in the financial statements, even though we have propedy planned and perf0rn8d our audit in accordance with audiung standards. In addttion, as with any audit, there remainod a higher risk of non4etection of Irregularitlgs, as these may involve collusion, forgery, intentional omls8ions, misrepresentations, or the ovemde of inlemal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non- compliance wlth all Saws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Flnanclal Reporting Counal's website at: Thls descrlption fonn3 part of our Audttors, ReporL Th• Purpose of OurAudlt Work and to Whom We Owe Our R8sponslbllltle8 This report Is made solely to the Company's members, as a body, in accordance ￿ryth Chapter 3 of Part 16 of Ihe Companies Act 2006 and Part 4 of the Charities (Accounts and Reports) Regulations (Northem Ireland) 2015. Our audit work has b8en undertaken so that we might state to the Company's members those matter8 we are required to state to them in an auditors, report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the Company and the Cornpany's mernbers a3 a body, for our audit work, for th18 report, or for the opinions we have fonned. Slgned by: Roseanna O'Ftanlon (Statutory Auditor> for and on behalf of: Chartered Accountsnts and Statutory Audit Flrm 40 Mespll Road Dublin 4 D04 C2N4 Ireland Dat8: 25 May 2023 15 Depaul Northern Ireland (A compary Ilmlt•d by gu•rnnt••, not havSng • •har• Ca￿1) STATEMENT OF FINANCIAL ACTIVITIES (Incorporatlng tho Incomo and Expendlture Account) for financlal year ended 31 December 2022 Unrn8trlctsd Fund• 2022 Restrlct•d Fund8 2022 Unrestricled Restrfcted Funds Funds 2021 2021 Totsl 2022 Totsl 2021 Nots8 Incom• Donations and legaut8 Charitabb actSvitie8 536,033 964,725 210,008 746,039 2.645,629 3,610,354 511,155 339,758 850,913 838.207 2,545,738 3,383.945 Total Incom• 1,500,758 2.855,635 4.356,393 1,349,362 2,885,496 4,234,858 Exp•ndlturn Raising fund8 Charitsble artivttie$ 273.746 34,696 273.746 3.430.879 3,465,575 233,822 233,822 96.326 3.325.895 3.422.021 Totsl oxpndltsre 308,442 3,430,879 3,739,321 330,148 3,325,695 3,655.843 N•t In¢om•l¢expendlture) Transfers be￿n fvnds 1,192,318 1985,573) 1575,244) 965,573 617,072 1,019.214 (680,276> 1440,199) 680.276 579,015 13 Net movèment In fund• for tho flnanclal year 226,743 390,329 617,072 338,938 240,077 579,015 R•conclllatlon ol fund• Balances brought forward at 1 January 2022 13 1,020,884 497,097 1.517,981 681,946 257,020 938.966 B•lan¢M carrfod forward al 31 D•c•mb•r 2022 13 1,247,627 887.426 2.135,053 1.020,884 497.097 1,517.981 The Slatement of Flnan(#al Ac*Nitie¥ has ￿en PrePa￿d on the basls that all oparadon8 are continuing operatlon8. There are no reco9nised surplLt968 and defirits other than those recorded in thg Statement of Financial Acbvities. Th8 notes on p8ge8 19 to 28 fonn part of the8e financlal statemenls. 18 Depaul Northern Ireland {A CrynP￿y Ilmlt•d by gu•r•ntso, not h•¥lng a•horo capltall BALANCE SHEET as at 31 Decemter 2022 Notes 2022 2021 Flx•d A￿•ts Tangible A88ets 10 4,217 8,434 CuTr•nt A•s•ts Dablors 11 109,220 Cash and cash equivalents 17 2,385,304 1.603.408 2.494.524 2,148.772 Crndltorn: Amounts falllng du• wlthln on• year 12 (363.6881 {639,225) Not Currnnt AM•ts 2,130,836 1,509,547 Total A8￿ts le•8 Current Llabllhl8• 2,135,053 1,517.981 Fund• Restricted FundB 13 887,426 497.097 unr85t￿clOd Funds 13 1,247,827 1,020,884 Total Fund• 13 2.135.053 1,517,981 The8e financial 8tatoments have been prepared In aco)rdanc• with the spedal provisions relating to small ￿MpanIeS wilhin Part 15 of the Companies Act 2006. Th& notes on pages 19 to 28 forffl part ofthe88 financlal slatoments. Approved and authorfsed for188ue by the Board of Trugteo8 on 24 May 2023 and signed Dn its behalf by.. John mu￿bY. Chairperson Paul Stsn ur8r 17 Dapaul Northern Iroland (A com￿nY Ilrnttod by guar•ntsg, not havlnp a •h8r• ¢aptt•ll STATEMENT OF CASH FLOWS for the financlal year ended 31 December 2022 Nots• 2022 2021 Ca8h flo￿ from oporntlng actlvlu Net movement in fvnds 817,072 579,015 Adjustmants for Depreaation 4,217 4,218 Movèmenl In debtors 438,783 1483,922) Movement In credito (108,2711 32,160 Net cash generatsd fmm operating acbvitses 949,801 131,471 Cash flows from flnanclnq •¢tlvlU•i Advances (toyfrom group ts)mpanle¥ {167,9051 195.629 Net ￿sh ILK8ed inygenerated from financing activities {167,9051 195,629 Nèt Incrna¥•d In cash and c••h equlval•nt8 781,896 327,100 Cash and cash equlvalonts •t 1 January 2022 1,803,408 1.276.308 C••h arHI cuh equlvahnts at 31 D•c•mber 2022 17 2,385,304 1,603,408 18 Depaul Northern Ireland IA comp•ny 11m1t￿ by guarkntog, not havlng a•h*r• ¢apltsll NOTES TO THE FINANCIAL STATEMENTS for the finannial year ended 31 D8C8mber 2022 GENERAL INFORMATION Depaul Northem Ireland is a ojmpany limited by guarantee incorporated in Northem Ireland. The regtstered office of the o)mpany is 449 Antrim Road, Belfast, BT15 3BJ whic* is also thè prinupal plac£ of business of the company. The financial statements have been presented in Pound Sterting (£1 which is also the fvnctional currency of th? company. ACCOUNTING POLICIES The following a¢o)unting poli￿e$ have been applied ¢onsistsntly in dealing with Items whlch are cx)r￿Idered matsrial in relation to the company's finanu81 statements. 8•41• of pr•paratlon The finanaal statements have bean prepared on the going concem basis under the historical cost convention. The finanu818tstsments have been p￿Pared in a¢x0rdan￿ wth the Ststement of Recommended Practice (Charities SORPI "Accounting and Reporting by Charities preparing their occounts in accordan￿ w¢th the Finan￿81 Reporting Stsndard appIl￿ble ill the UK and Republlc of Ireland IFRS 102)., the Compani•8 Act 20C6, lh8 Charities Act 2011 and FRS 102 'The Flnand81 Reportino Stsndard applicable in the UK and Republic of Ireland" As permitte¢J by the Compan￿5 Act 2006, the company has varied the stsndard lomots in that act for the Statement of Finaniial Activities and the Balance Sheet. Departures from Ihe standard lo￿ats are lo comply with the requirements of Ihe Charities SORP and are in complianc￿ with section 4.7, 10.6 and 15.2 of that SORP. Funit ac¢ountlng The following are the catagori88 ol fund8 maintslned.. Restric#ed fvnds are fundg which a￿ to be used in accordanck with specific restrictions imposed by donors Orwh￿h have been mised by the company for parti¢>Jlar purposes. The costs of raising and administering such fvnd8 are charged againsl the speofic fund. The aim and use of each restricted fvnd is set out in the notes to the financ4al Statements. Unr88triLXed funds consist of General and Designated funds. General fvnds are unrestri¢Xed funds ￿tCh are available for us8 at the d*retion of the Trustees In furtherantx of th• gener81 oblectivès of the tharity and which have not been designated for other purpoJe¥. Designated funds comprf6e unrestrtcted fijnds that have been set 8sid8 by the Trustses for paiticular purposes. Incomo All irtojme is rwnised On￿ the C￿mpanY h88 entrtlemenl to the income, rf( is probable that the inttJm8 wlll be r￿1Ved and the amount of incajme recEiv8ble be measured Teliably. Th8 following sperific policleg are appli8d to particular ￿tegorte8 of income.. L•gaclg1 For legacie8, entitlement Ss taken as the eadier of the date on which either. the ￿rnPany 1$ av+8re that probate ha8 been granted, the estate ha$ been finalisad and notification has b68n made by the 8xecutor{sl lo the Trust that 8 distiibution wll be made. or when a distribution is rec*Ned from tho eslale. Re￿ipt of legacy, Sn whole or in part, is only ￿)nsidered probable when the amount can be measured reliably and the company ha8 been notifiad of the executors intention to make a distribution. Where18gacie8 have b88n notified to the c¢)mpany. or the ojmpany 18 aware of the g￿nting of probale, and the Criteria for income re¢)wnttlon have not been met, then the kgacy ￿ treated as a ￿fttingent a8set and disdosed If matertal. 19 Depaul Northem Ireland (A ¢ompony Ilmtt•d by guar•nt•. not h￿lTr9 • •h•rn uplt•l) NOTES TO THE FINANCIAL STATEMENTS continued for the financlal year ended 31 December 2022 Donatsd servlc88 or facllltlès Donaled goods and servK*s or facilities are recogni8ed when the company has control over the item, any conditions 888oaaled wlth the donated item have been met, the receipt of economic benefrt from the use by th company of Ihe item 18 probabl8 and that economic benefit can ba measured reliably. In acthrdanc*J wlih the Charikn'es SORP , the gener81 volunteer time of the volunteers is not rècognised. On recalpi, donated goods and 8ervie£s and donated farilthes are ￿tOgniSed on the ba8is of the value of the gift to th? company which is the amount the ojmpany would have been willing io pay lo obtain services or tscAlitie$ of equlvalent economic benefft on the open market., a corrn8ponding amount18 then reo2gnised in expendilure in the period of re￿ipt. Income tax recov8rable in relation to donations rec*N•d under Gift Aid or deeds of ￿venInt 19 r8COgnised basod on an eslmale of the amount recx)verable. Intsrost recolvable Interest on funds held on deposit is induded when receNable and thè amount can be me•sured reliably by the company whiGh is nomally upon notsfication of the interest paid or payable by the Bank. Exp•ndltur• Exp8nditure is rec>)gnised once there is a legal Of constnjctive obligation to make payment to a third paty, It ￿ probable that settlement will be requlred, and the amount of the obly8tion can be m8a8ured reliably. All axpenditure 18 atxounled for on an accrual$ basil. Exp8nditure on charitsble actwities comprises thos8 costs incurred by the ojmpany in the delivery of tts tharitable 8ctiviti.eg and serv1￿￿ for its ￿nefiCIan&s. It indudes both costs that can be allocated directly to such actNiti88 and Ihose cost8 ofan indirect naturn neces88ry lo Support them. Costs of ralsing fvnds comprise the costs 488ociated with attracting donationj and thgw cAxt8 incufred in trading and evenl activitie8 that ral80 funds. Govemance Msts indudg tho$8 costs associated Nwth meeting the constitutional and 8tatutory requirements of the mpany and Indudes audrt tees and govèmancé costs recharged from the parent company. All expen8e8 Induding support t>)sts and govemane£ costs are allocated lo the applicable expenditure headings. Op•rntlng Iu888 L8as88 In which 8ubstsnlially all the ri8k8 and rewards of ownership are retainad by the le66or are da88ified as operating leases. Rentsls und8r operating lease aR dealt wlh in the Statement of Finan￿al A¢tivitie8 a$ inGufted over the period of the rental a9tEemenL P•n•lon• The comp8ny oFerntes a deffned contribution pension scheme and the pension charga represents the amounts payab18 by the company to the fvnd in respect of the year. The a&￿ts of the scheme are held separately from those of the company In an independenuy administèred fund. Golng concern The company made a surpluJ of £817.072, had net current assets of £2,130,836 and net a888ts of £2,135,053 at the yaar end. The Truslees have considered the potential finanrial effects from the changing economic environment for the upcoming 12 months from the date of approval of the financial statements, Induding Considering tha potenlal Impact on fvndrai6ing and 15 toking appropriate adions to en$ur8 that the company cLsnlinues as a going concem. The finaneAal statements have been prepared on a going concern basi8. 20 Depaul North8rn Ireland IA camp•ny Ilmltsd ty gu•rnnt#. not h•¥inq a•h•ro capltal) NOTES TO THE FINANCIAL STATEMENTS continued for the financlal year ended 31 December 2022 Tanglbl• flxed ai80ts •nd d•pr¢cl4tlon Tangible f￿ed assets ar& stat8d at cost or at valuation, less accjjmulated depreciation. The charge to depreciation 18 calculated to writ& off the original co$1 orvaluation of tangibla fixed assets, less their estimated residual value, ovtsr their expècted useful live8 as follows: Motor Vehicles Fixtures and Fittings 25% Straight line 33.33% strdighl line The compan18 poliw 18 to review the remaining usefiJl ec43nomic lives and r8sk4ual valués of tangible fixed as8ets on an ongoing basES and lo adjust the depreoation charg8 to reftact the remainlng eslimatsd 4Jseful economic Ilfe and residual value. Fully depreciate¢J tanpibl• fixed aueis are retained in the cost of tsngible fixed assets and related accumulatsd deprnoation until they are rernoved from servic4. In tha case of disposals, assets and relaled deprec4ation are removed from the financial 3tatsm¢nts and th8 net amount,18s$ prorneds from di8po8al, 1$ Cha￿ed or Gredit8d lo th& Stslèmanl of Finan(aal Activities. D•btorn Trade and other debtors arn r6(x)gnls•d at th8 settlemènt amount. Prépaym8nts are valued at the amount prepakl net of any trade discounts duo. LlablllU88 and provl•lo Liabilitse8 a￿ recognised when there is an obligation at the Balan(* Sheet dats as a result of a pa81 event, it is probable that a transfer of e￿nOmiC benefft will be required in settlement and the amount of the settlement can be esllmated reliably. Liabilitie5 a￿ rewnised at the amDunl thal the ojmpany anticipates it will pay to setue the debt or the amount it h88 received a8 adVan￿d payments for the goods or Servi￿3 It musl provide. Provi8ion8 are moasured at Ihe best e8tirnal8 of th8 amounts required lo ￿ttle the obligats'on. Whore the effect of the time value of money18 material, the provision is based on the present value of those amounts, discvunted at the pre-lax discount rate that reflects the risks 5peciffic to tha Ilablltty. The unwtnding of the di8D)unt is reujgnised wlthln Interest payable and similar charges. Cash and cagh •qulvalonts Cash indude8 cash on hand. demand deposits and other short tern highly IK4uid invesbnents with a short maturity of three month9 or1888 from th8 date of acquisition or opening of the deposit or #imilBr 0¢4)unt. Cakh equivalents include8 longer t8rn bank dopogits and Inv88tsn8nts that can be readily ¢xnverted into eash. Taxatlon The company15 a r89iStered tharity and, therefo￿ is not liable lo Income ta¥ or Corporation tax on In￿me derived from its charitable activities, as il falls within the various exemptions available lo registered charitK?s. Forolgn currnnclos The financtal Statements ere p￿pared in Pound Steding {£) which is the fvnctional currency of the company. Forelgn currency transaL*ons are recorded in Pound Slerting al the rale ruling on the dale of the transaction. Monetary asgets 8nd liabilitses denomlnated in foreign caJrrenue$ are translated into Pound Sterling at the balanc* sheet dale. The r¢¥ulting gains and10sge8 are dealt with in the Statement of Financlal Acttvilie8. Hollday pay a¢¢rual A liability Is rel￿niSed to the ext8nl of any unused hollday pay enliU6ment whith is accNed al the Balancé Sheet dal and eaffSed forward to fvture period5. This i4 measured at the undiscounted salary eost of the holsday entidement so acryued at thg balance sheet date. 21 Depaul Northern Ireland IA comp•ny Ilmbd by gu•r•nt••, not hI￿n0 • •har• capltall NOTES TO THE FINANCIAL STATEMENTS continued for tha financlal year ended 31 D8cember 2022 SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNeERTAINrY The preparation of these financial ststsmenls 1$ bajed on judgements, estimates and assumptions that affect the appli¢8tion of polioe8 and ￿pOrted amounts of assets and 5iabilities, income and expenses. Judgements and eslimale8 are c4ntinually evaluated and are based on higlorical experien￿3 and other factors, Includlng expectations of future events that are bellevèd to be reasonablè under the Circumstan￿5. The cg)mp8ny make8 estim8les and assumptions conceming the future. The r68ultSng accounllng a8￿mate8 wlll, by definition. seldom equal the related actual iesults. The estimate$ and 888umplions that have 8 signlficant risk of causlng material adjustment to tha Carrying amounts of assets and liabilrties within the next financial yoar are di$￿Ssed below. Incom• rneognlllon In applying the income recognition prinLYples of the Charities SORP, judgements are occasionally required to as￿rtain whethèr a granl agreement is perfomance or non-￿rfOrniance based. This is done using established criteria that a applied consislendy across all funding instruments and from one period to the next. Furthernore, where grant agreements 8re found to be perfornian￿ based, judg8ments are wuired as to th8 level of ino)me that should be rewJnised for tha year. The organi88lion typically uses incuffed expènditure as the most appropriate basis to measurn prDgr88s on grant agreements and to recognise the related income. This is done in conjunction with a qualitative assessment of Ihe status of th& undedying projects in order lo ensure this represents the most appropriate basis of rew)n￿On. Ail judgements are made at the indivldual grant level and a￿ SLtbject lo appropriate review and appmval Provhlon for doubthil debts The company mak88 an estimate of th8 rernverabie value of trade and other debtors. The company us98 estimale8 ba8ed on historical experiencé in delemiining the le¥el ofdebts. whith the company belleves will not be collected. These esltmat88 indud8 8u¢h factors as the current credit rating of the debtor, the age profile of debts and hSstorical experience. Any signlficanl roduction In Ih818vel of psyment defaults or other gigntheant improvements that regulled in a reduction in the level of bad debt provision would have a positive Impact on th6 operating results. The level of ProV￿10n required is revievAd on an ongoing ba818. INCOME- BY SOURCE 2022 2021 Supporting Peoplè ousing 86nefrt I Charge8 lo residents Northgm Irelan¢ Hou8ing ExeoJtiY6 Public Health Agency Fundratsing other 2.085,312 919,297 570,875 112,830 663,146 4,933 2.171,682 778,887 477,192 114,971 690.894 1,232 4,356,393 4,234,858 Inctuded in the Supporting People funding is an amount of £107.69412021'. £64,483) relating lo Supporting People Covid Emergency Funding. INCOMe DONAnoNS AND LEGACIES Unrn•trlct•d Fund• Restrfctéd Fund• Totsl 2022 Total 2021 Donation• Grants 526,033 10,OC 67,484 142,522 593.517 152.522 633.886 217,227 536,033 210,006 746,039 850,913 22 Depaul Northem Iroland IA Company Ilmlt•d by guarnnto1, not hwSng i iharn capltsll NOTES TO THE FINANCIAL STATEMENTS continued for the financial yoar ended 31 December 2022 6.2 CHARITABLE ACTIVITIE8 Unrostrlcted Fund$ R￿tr1¢tOd Fund• Totsl 2022 Total 2021 High Support Ac)xsmmodation Health and Rehabilltation Familws and Young People Housing Prevention 597,588 852.677 119,485 659,950 278.557 734.980 1,450,265 1,372,839 119,465 139,730 1.027.087 982,305 278.557 279,316 734,980 609,755 367,137 984,725 2,645,629 3,610,354 3,383,945 EXPENDITURE 6.1 RAISING FUND8 Dlrnet Staff Costs Dlrnct Other Costs Support Colts Total 2022 Totsl 2021 Fundraising 57,403 198,126 18.217 273,746 233.822 .2 CHARITABLE ACTNmE8 UNRESTRICTED Dlrect staff and Volullteer Costs Dlrect Other Costs Support Costs Tot41 2022 Total 2021 High Support A￿))MmodatioN Heatth and Rehabilitation Famili&8 and Young People Houslng Pr9vention Govemance costs (Note 6.2.1) 27,167 1,940 6,931 242 911 3.255 113 4,278 3.625 12,950 451 8,476 23,136 806 4,278 55,718 8.641 4,800 9.113 8,557 17.026 34,6 98,328 RESTRICTED Dlre¢t Stsff and Volunteer Colts Dlrnct Oth•r Co8t• Support Costs Total 2022 Total 2021 High Support AcoJtnmc•Jatlon Health and Rehabilltstion Famili88 and Young Poople Housing Prevention Governance {Note 8.2.1} 642,388 24,032 507.958 158.044 334.158 453,565 29,726 310,971 55,339 122,649 6.129 340,466 1,436,419 53,758 1.059,142 275.085 800,348 6.129 1,341,163 139,749 1,012,965 270,200 552.913 8.705 240,215 61,702 143,541 1,668.576 978,379 785,924 3,430,879 3.325.695 Total Charftabl• Actlvltlo8 1,675,689 986,938 802,950 3,465,575 3,422,021 23 Depaul Northern Ireland {A Comp￿Y Ilmlt•d by gu•rnnt••, not hwlng a •hor• c•pltal) NOTES TO THE FINANCIAL STATEMENTS continuad for the financial year ended 31 December 2022 8.2.1 GOVERNANCE COSTS Dlr•¢t Stsff and Volunteer Dlrnct Other Costs Colts 8upport C08ts Total 2022 Total 2021 Auditors, remuner8tion Parent Company 5,060 5,347 7,505 6,000 5,347 10.407 10,407 13,505 6.3 SUPPORT COSTS Colt ol Ch•rltable Rllslng Funds Acuvlti Total 2022 Totsl 2021 Support staff Supp¢rt other 12.396 5,821 546,364 256,586 558,760 262,407 431,538 368,249 18,217 802.950 821,167 799,787 AUDrroRS' REMUNERATION 2022 2021 Feeg payable to the companys auditors and its associates for the audit of the mpany's annual aoxunts 5,060 7,505 EMPLOYEES AND REMUNERAlloN The avernge number of pernons employed during the ffingnryal year was as followj.. 2022 Number 2021 Number Acujmmodation 8ervice$ Communrty and outreach Support fvnthon8 55 29 52 35 93 95 The employee c￿ts (xJmpri6&'. 2022 2021 Wages and 88larie& Sodal 8ecurity costs Employers pension contribLtlion8 Lih aBsuranc• 1,758,973 140,578 38,131 33,309 1,684.204 118,460 35,276 31,327 1,970.989 1,869,267 24 Depaul Northern Iraland IA compwwi Ilmltod by guar￿￿•, not havlng a •hare capltall NOTES TO THE FINANCIAL STATEMENTS ¢ontlnued fr>r the financlal year ended 31 December 2022 TRUSTEE AND KEY MANAGEMEKf REMUNERATION Key Management porsonnel ￿MPriseS thè Exe￿1ve LeaderyJhip Team, which indudes thè Chief Ext￿11¥8 offi￿r. The total femuneration pa¢d lo thss group in Iheir role as Key Management of Depaul Northem Ireland, Indusfve of employerfs social Insuran￿ and including rptharg•$ from Depaul Ireland, was £84,043 12021: £86,880). There are no employees who re￿ived employee benefits exdudlng employar pen8ion costs of more than £60,000 for the reportirva period12021'. nil}. During tha yèar, no Trustees receNed any remunerath?n {2021'. £nill, any benefits12021: £nil) or reimbursement of vouched expen88812021: £nil). 10. TANGIBLE FIXED ASSETS Flxturn• •nd fl￿n98 Motor v•hlcle8 Tot*1 Cost Al 1 January 2022 Deprtt4ated a$sets written off 10.209 110,209) 16,870 27,079 {10,209) At 311)ecember 2022 16,870 16,870 Aecumul*tsd Dèprnelatlon At 1 January 2022 Depreaated assets written off Charge for the year 10,209 {10,209) 18,645 (10,2091 4,217 4,217 At 31 Decembar 2022 12.653 12,653 Net book value at 31 l>ec•mbor 2022 4,217 4,217 Not book valuo at 31 DKomb•r 2021 8,434 8,434 11. DEBTORS 2022 2021 Amounts owed by group undertakings (Nole 16} Prepayments and 8¢XrU￿ income 639 108,581 545.364 109,220 545,364 12. CREDITORS Amounts falllng du• wlthln one y￿r Trade creditor8 Amounts owed lo gTOUP undertaklngs INote 161 Taxation and sOC4al Sewrity ts)$ts ArthJa15 and defertBd inr¥)me 2022 2021 131,951 106,053 35,546 202,812 173 37,300 196,018 293,060 383,688 639,225 25 Depaul Northern Ireland (A compw Ilmkod by gufftnt••, not hlvlng • I￿rn eapltsD NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 Decamber 2022 13. FUNDS 13,1 RECONCIUATION OF MOVEMENT IN FUNDS Unr••trfctsd R••trletsd Fund• Fund¥ Total Fund• At 1 January 2021 Movement during the ye8r 681,946 257,020 938,966 338,938 240,077 579,015 At 31 C*cember 2021 Movement during the year 1,020,884 497,097 1,517,981 226,743 390,329 617,072 At 31 Decèmbar 2022 1,247,627 887,426 2.135,053 132 ANALY818 OF MOVEMENT8 ON FUNDS Balan¢• l January 2022 Trnnsfern Balan¢• b•twe•n 31 Decemb•r fund• 2012 Incam• Exp•ndlturn Rostrfct•d Restiicted fvnds 497,097 2,855,635 (3,430,879) 965,573 887,428 Unmtrletsd General fund8 1.020.884 1.500,758 {308.4421 1965,5731 1,247,627 Totsl Fund• 1,517,981 4.356,393 (3.739,321) 2.135,053 Supporting Peopl¢ rp¥tri¢ted reserves at yèar end were £668,12412021.' £475,646) 13.3 ANALYSIS OF NEf ASSET8 BY FUND Flxed Curr•nt Currnnt Ihbllltles Net •8s•ts . chartty u•e Rg8trlcbJ fvnds Unrgstri¢#ed fund8 887,426 1,607,098 887,426 1,247.627 4.217 1363,6881 4,217 2,494.524 1363,688) 2,135,053 14. STATU8 The c4>mpany 18 limited by guarantee. In the event of the c4mpany being VKJund up, Ihe liability in ￿SpeCI of the guarantevj i• limited to £1 per member ol the company. 26 Depaul Northern Ireland (A ¢tynp*ny IlmEtad by guar4ntse, not hovlng • 4h•r• e•pltsl} NOTES TO THE FINANCIAL STATEMENTS continued for the flnanclal year ended 31 December 2022 15. OPERATING LEASE COPAMITMENT8 At 31 Dècember 2022 tha tolal of the ojmpany's future minimum lease payments Ur￿er non