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2023-12-31-accounts

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital)

Annual Report and Audited Financial Statements for the financial year ended 31 December 2023

Company Number: 054106 Charity Number: 102995/ XR87991

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) CONTENTS

Page
Trustees and Other Information 3
Chairperson’s Statement 4
Trustees’ Annual Report 5 – 11
Statement of Trustees’ Responsibilities 12
Independent Auditors’ Report 13 – 15
Statement of Financial Activities 16
Balance Sheet 17
Statement of Cash Flows 18
Notes to the Financial Statements 19 – 27
The following pages do not form part of the statutory financial statements:
Supplementary Information Relating to the Financial Statements - Operating Statement 28 – 29

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) TRUSTEES AND OTHER INFORMATION

Trustees John Murphy, Chairperson
Paul Stanley, Treasurer
David Lane
Jennifer Lee
Mary Leonard
Fr. Joseph Loftus
Tim McKeown (appointed 7 February 2024)
John Megahey
Sr. Margaret O’Donovan
Paul O’Malley
Paul White
Company Secretary Laurence J. Tuomey
Executive Leadership Team David Carroll, CEO
Kevin Barrett, Director of Finance and Risk
Dermot Murphy, Director of Services and Development
Caroline O’Connell, Director of Fundraising and Communications
Sarah Reeves, Director of People and Organisation
Registration Numbers Charity Commission for Northern Ireland Registration Number:
102995
HRMC Charitable Tax Reference Number: XR87991
Company Registration Number: NI054106
Registered Office and Principal Address449 Antrim Road
Belfast
BT15 3BJ
Northern Ireland
Auditors Crowe Ireland
40 Mespil Road
Dublin 4
D04 C2N4
Ireland
Bankers Danske Bank
49-51 University Road
Belfast
BT7 1ND
Northern Ireland
Solicitors A&L Goodbody
IFSC
3 Dublin Landings
North Wall Quay
Dublin 1
D01 C4E0
Ireland

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) CHAIRPERSON’S STATEMENT

for the financial year ended 31 December 2023

2023 was a turbulent year in Northern Ireland. We faced into some strong head winds as the housing crisis really began to bite and increase its negative affect on those we serve in Depaul. Homelessness continued to rise amongst all households, and there was a distinct lack of momentum due to the continued absence of government in Stormont. There was a serious increase in synthetic opiates being used by the drug using population. This resulted in naloxone the live saving drug being administered 56 times throughout all of our projects in Northern Ireland. Depaul continue to advocate for changes in policy and service provision particularly for those people with complex mental health difficulties who use drugs. We played a part in the provision of the Complex Lives programme in Belfast working with people with substance use issues with a street presence.

The cost of living crisis also meant that everyone in Northern Ireland but particularly those living in poverty made choices at times between food, energy bills and rent. Depaul provided vitally needed in-reach services into individual tenancies through our range of Floating Support and Housing First services making sure that people didn’t fall into homelessness as a result of the cost of living crisis.

Again our main objective in ending homelessness was to make sure that the people we work with get out of temporary accommodation as quickly as they can and we managed to support 65 households find long term accommodation in the community.

Running a charity is a considerable responsibility; public trust is at the heart of this responsibility. I would like to thank our Board of Trustees, who come from a wide range of backgrounds, for their time, skills and professionalism to ensure we meet the highest governance and financial standards. In addition, I would like to commend our executive and senior leadership group for their professional dedication to ending homelessness on this island.

My deepest gratitude must be extended to our employees who, in the most challenging of times, maintain our range of services. Recruitment and retention of employees was again a major challenge and we appeal, now that Stormont is back up and running, for the crisis in the social care sector to be addressed by allocating the funds needed to improve terms and conditions for those working in our sector.

And finally, I would like to sincerely thank our range of statutory funders, particular the NIHE and Public Health Agency, grant making bodies, businesses and the public for the continued support of our organisation and helping us successfully negotiate another challenging year.

________ John Murphy Chairperson

Date: 24 May 2024

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 December 2023

The Trustees (who are the directors of the company) are pleased to present their Annual Report and audited Financial Statements of Depaul Northern Ireland for the year ended 31 December 2023. Depaul Northern Ireland has prepared its Financial Statements in line with the Companies Acts and Accounting and Reporting by Charities: Statement of Recommended Practice (“Charities SORP”) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (“FRS 102”).

The Trustees have not prepared the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 as the company qualifies as small under section 383.

OUR HISTORY

Depaul Northern Ireland is part of a group of charities (the “Depaul Group”) that works across the world with a mission to end homelessness and change the lives of those affected by it. The ultimate parent company is Depaul International. The Depaul Group of charities came about as a joint response by three organisations to the rise of 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 reformer in 17th century France. They are part of a 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 problems. Although Depaul International is independent of these founding organisations, it continues to work closely with them and other members of the Vincentian Family globally. The Depaul Group is recognised as being part of the Vincentian Family in its own right, working inclusively with homeless and disadvantaged people of all faiths and none, which is reflected in the makeup of its employees, volunteers and Trustees. Depaul International now operates in Ireland, United Kingdom, USA, Ukraine, Slovakia, Croatia and France.

Depaul came to the Republic of Ireland in 2002 on the invitation of both the Irish Government and the Vincentian Family in Ireland. There was an unmet need at the time, in particular for those with very complex needs who found it difficult to access and maintain accommodation service due to their lifestyle. Depaul Ireland developed pragmatic responses to work with these groups and opened many services that were the first of their kind in Ireland. Depaul Northern Ireland was established in 2005 as a subsidiary undertaking of Depaul Ireland. In 2016 Depaul Ireland established a second subsidiary company, Depaul Housing Association (“Depaul Housing”) which is an Approved Housing Body. Together these three charities form the Depaul Irish Group

In 2015 the Depaul Group became known simply as “Depaul”. At this time ‘Homelessness has no place’ was adopted as the international expression of the Depaul mission. Depaul International works under a Board and Assembly governance structure, which provides oversight while recognising and respecting the individuality of each subsidiary charity within the Depaul Group.

OBJECTIVES AND ACTIVITIES

Our Vision, Mission and Values

Depaul works to support people who are homeless or at risk of homelessness.

Our Vision is of a society in which everyone, across the world, has a place to call home and a stake in their community.

Our Mission is to end homelessness and change the lives of those affected by it.

Our Values are:

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 December 2023

Review of Activities

During the year the Depaul Irish Group provided support for 10,936 (2022: 7,455) people including single people, couples and families across all our services throughout the Depaul Irish Group. The total number of people supported in the Republic of Ireland was 10,153 (2022: 6,454) and in Northern Ireland was 783 (2022: 1,001). In addition, Depaul Housing provided 40 (2022: 32) tenancies during the year.

Key Achievements in the Year

Depaul Northern Ireland achievements in 2023 included:

Charitable Activities

The Depaul Irish Group strategic plan, “A Path Home”, builds upon the foundations of our traditional Low Threshold approach to service provision by engaging in Specialised Services centred on meeting unique needs and building permanent solutions in our Housing-led approach to services. The plan sets out a strategic direction which builds on Depaul’s significant success achieved to date.

Our strategy is centred around five main themes each of which represents an area within the organisation which will drive change during the lifetime of this strategic plan. This plan is accompanied by key performance indicators that will outline actions we will take and how we will monitor our progress.

Theme 1: our services and housing Theme 2: our people Theme 3: our organisation Theme 4: our service users Theme 5: our voice

Depaul’s mission is to end homelessness and change the lives of those affected by it. We believe that the experience of homelessness affects people in a myriad of ways and therefore requires different approaches. People who are homeless are not a homogenous group and the manner by which Depaul organise its services reflects this complexity. Our response to service provision is organised into five service pillars: Prevention, High Support Accommodation, Families and Young People, Health and Rehabilitation, and Housing. This approach allows services to be tailored and modelled specifically for the needs of the households served.

Prevention

Depaul’s prevention services work in communities across Northern Ireland, ensuring families and individuals are able to maintain their tenancies and live independently within their own communities. These services are designed to intervene at a community level to help prevent people entering homelessness and assisting people who have a history of homelessness gain roots in their communities.

Depaul’s prevention service encompasses a Harm Reduction Floating Support service and Depaul’s Foyle Haven Day Centre in L/Derry. The Floating Support service in L/Derry supported 63 (2022: 52) individuals with a history of drug and alcohol misuse to remain in their own homes. The Foyle Haven Day Centre has been in ever increasing demand over the last number of years and plays a vital role in the L/Derry area supporting people with a range of challenges. In 2023 the Day Centre supported 246 people (2022: 403 people). 2023 represents a return to normal levels of support while 2022 saw increased temporary service user needs when the Day Centre re-opened for in-person support post Covid in early 2022.

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 December 2023

High Support Accommodation

Depaul’s origins lie in its ability to provide low threshold accommodation for men and women with significant drug and alcohol difficulties. Our High Support Accommodation services are structured to offer supported accommodation to those who have the greatest difficulties and complexities. They are designed to offer emergency and case management supports to tackle such issues and support people to move to longer term more independent living arrangements.

Stella Maris, an alcohol managed service in the docks area of Belfast, supports men and women who are homeless with alcohol difficulties. During the year Stella Maris worked with 48 people (2022: 38 people).

The Castlehill Service in Dungannon provides self-contained accommodation and during the year provided supported accommodation for 61 people (2022: 62 people).

Families and Young People

Depaul Northern Ireland provides vital accommodation and community supports for vulnerable families and young people who are experiencing or are at risk of homelessness.

Our Belfast based Family Floating Support service provides support to families moving on from temporary accommodation into the community and supports families at risk of homelessness. The Family Floating Support service worked with 93 adults and 87 children through the year (2022: 93 adults and 157 children).

Mater Dei in North Belfast and Cloverhill in Twinbrook are our temporary accommodation services designed to provide families with the best possible support to deal with the experience of being in temporary accommodation and assist them to move into permanent housing as soon as possible. Both Services offer 24-hour support and were assisted by a childcare support service funded by Children in Need until mid-2023. In the past these vital services have benefited from corporate donations to upgrade the furniture and fittings and improve the quality of the services we offer. Mater Dei accommodated 28 adults and 34 children (2022: 34 adults and 32 children) while Cloverhill accommodated 44 adults and 55 children (2022: 47 adults and 56 children).

Housing

Depaul considers that housing is ultimately the solution to homelessness. Depaul Northern Ireland operates a number of services within the community, providing housing solutions for very vulnerable people. Foremost amongst these are the Housing First services in L/Derry 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 of this approach in Northern Ireland. During the year this service worked with 60 people (2022: 56) people across the two cities.

Health and Rehabilitation

Depaul continues to provide vital onsite healthcare support in all our services while working closely with other agencies to ensure those experiencing homelessness have access to the healthcare they require. During the year we reconfigured our Foyle Haven Day Centre space to facilitate a clinical room where external health professionals run on-site clinics including screening services, health and wellbeing checks, podiatry, vaccines and counselling. This vital intervention played a key part in supporting the health of some of the most vulnerable individuals in L/Derry. Bringing the services to these individuals helps overcome the barriers that often prevent them from accessing health related supports when they need it. As a result, 297 mental health interventions and 307 tailored physical health interventions were provided in 2023.

Depaul Northern Ireland, supported by the Public Health Agency, introduced a Needle and Syringe exchange service for those who attend the Day Centre. Use of the service has grown month on month and is a key harm reduction intervention for our service users.

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 December 2023

Volunteers

Depaul has a strong culture of supporting volunteering. We believe that people should have a way to tangibly demonstrate their care and compassion, and that the experience should be as beneficial to the volunteers as it is to those we serve. Volunteers are given a comprehensive induction programme and supported through ongoing review and training.

We remain grateful for the unstinting efforts of our volunteers who provide such valuable benefit through a wide range of activities designed to engage, support and befriend our service users. During 2023 16 volunteers contributed 702 hours of volunteering (2022: 35 volunteers and 366 hours) across our services in Northern Ireland.

FUTURE PLANS

During 2024 Depaul Northern Ireland will review its strategic plan in conjunction with Depaul Ireland and Depaul International.

Depaul is committed to continuously improve and develop its services. Depaul Northern Ireland is actively seeking support for a new initiative that would support women leaving prison while the appointment of a Sustainability Manager will identify other opportunities and initiatives to be progressed over the next number of years that will strengthen our service offering across Northern Ireland.

The Department for Communities along with the NIHE are undertaking a review of the Housing First approach with the intention of upscaling and rolling out the Housing First model across Northern Ireland. Depaul Northern Ireland pioneered Housing First 10 years ago and continues to deliver the Housing First service in Belfast and L/Derry. Depaul is a key participant in the advisory and steering group undertaking this review and remains committed to the importance of the Housing First model.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Depaul Northern Ireland is incorporated as a company limited by guarantee and registered with the Charities Commission for Northern Ireland. Depaul Northern Ireland files its annual accounts and annual monitoring report with the Commission.

The Trustees

The strategic direction and governance of the company is the responsibility of the Trustees. The Nominations Committee seeks people with suitable skills to serve on the Board of Trustees and manages the process for the recruitment, appointment and rotation of Trustees. Depaul International, the ultimate parent company, approves the appointment of any new Trustees. Newly appointed Trustees receive a letter of appointment and an induction programme covering responsibilities and involvement outside of formal Trustee meetings.

The following were Trustees of the company, and unless indicated otherwise, served for the entire year:

John Murphy, Chairperson David Lane Jennifer Lee Mary Leonard Fr. Joseph Loftus Tim McKeown (appointed 7 February 2024) Yvonne McWhirther (resigned 22 September 2023) John Megahey Sr. Margaret O’Donovan Paul O’Malley Paul Stanley Paul White

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 December 2023

The Company Secretary was Laurence J Tuomey.

Throughout the year, the Trustees did not receive any loans or remuneration from the company. The company does not have a share capital.

In order to ensure that Depaul Northern Ireland is managed efficiently and effectively, the Trustees have delegated a range of day-to-day decision making powers to executive management. The Trustees have established appropriate controls and mechanisms to ensure that management operate within the powers delegated to them. The Executive Leadership Team is responsible for the overall management of the Depaul Irish Group, incorporating Depaul Ireland, Depaul Northern Ireland and Depaul Housing. This team is supported by a number of senior managers and each service has a local management team.

Trustee Committees

The Trustees have established five sub-committees to support the work of the Board of Trustees:

Each committee is governed by a Trustee approved terms of reference and may have co-opted other members when appropriate. Most of the Trustees are a member of at least one of the sub-committees of the Board. The Nominations committee also supports the appointment of committee members. Other than the Remuneration committee, which meets as needed, committees meet a minimum of four times per year.

FINANCIAL REVIEW

Review of results

Total income for the year amounted to £3.5m (2022: £4.4m) with the decrease reflecting the return of prior year unspent restricted funding to the statutory agency. Depaul Northern Ireland depends on a high level of statutory income, with over 80% of our income coming through various government 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 services with this much-needed additional income.

The net outcome for the year was an unrestricted surplus of £0.2m and a restricted deficit of £0.7m, resulting in an overall net deficit of £0.4m for 2023 (2022: £0.6m surplus). The current year restricted deficit reverses the restricted reserves brought forward from prior years.

Our fundraising income for the year amounted to £0.58m (2022: £0.75m), reflecting the continued generous response from individuals across the community during a period when donors were impacted by inflationary pressures. Our supporters understand that Christmas and the winter months are a particular vulnerable time for homeless people and contributions from the public are concentrated in the last months of the year.

The impact of the additional non-statutory unrestricted income has meant Depaul Northern Ireland ended the financial year with an unrestricted reserve of £1.5m (2022: £1.2m). These funds will ensure that Depaul Northern Ireland remains able to withstand adverse events that might occur but also seek to enhance its service offering in areas where statutory agencies are not present.

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 December 2023

Reserves

Depaul Northern Ireland’s reserves fall into two types:

The Trustees adopt a reserve policy which they consider appropriate to ensure the continued ability of the company to meet its objectives. Consideration is given to assessing the risk, probability and likely impact on our ability to meet financial obligations or reduce expenditure in the short term due to a decline in income.

The Trustees reviewed their reserves policy during 2022 and set an unrestricted general reserve minimum target of 6 weeks annual operating costs to cater for short term working capital needs and an additional unrestricted reserve target of between 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 2023 the company had sufficient reserves for the general reserve target of 6 weeks annual operating costs and held an additional 13.7 weeks (2022: 11.3 weeks) for the unrestricted reserve target which is within the policy 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 organisation in the event of a downturn in future income.

RISK MANAGEMENT

The Trustees 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 mitigate our exposure to these major risks. The Trustees maintain a risk register, which they review regularly.

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) TRUSTEES’ ANNUAL REPORT

for the financial year ended 31 December 2023

management practices to avoid liability arising, insurance cover is maintained to mitigate the financial impact from such events.

GOING CONCERN

After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies to the financial statements.

EVENTS AFTER THE BALANCE SHEET DATE

There were no significant events affecting the company after the end of the year.

BOOKS OF ACCOUNT

The measures taken by the Trustees to ensure compliance with the requirements regarding proper books of account are the implementation of necessary policies and procedures for recording transactions, the employment of competent accounting personnel with appropriate expertise and the provision of adequate resources to the financial function. The books of account of the company are maintained at 449 Antrim Road, Belfast.

DISCLOSURE OF INFORMATION TO AUDITORS

Each of the Trustees at the time when this Trustees' Annual Report was approved has confirmed that:

This confirmation is given and should be interpreted in accordance with the provisions of section 418 of the Companies Act 2006.

AUDITORS

The Auditors, Crowe Ireland, have indicated their willingness to continue in office in accordance with the provisions of section 485A (7) of the Companies Act 2006.

Approved by the Board of Trustees on 24 May 2024 and signed on its behalf by:

____ ______ John Murphy, Chairperson Paul Stanley, Treasurer

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) STATEMENT OF TRUSTEES' RESPONSIBILITIES

for the financial year ended 31 December 2023

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees, who are the directors of Depaul Northern Ireland for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the Trustees to prepare financial statements for each financial year. Under the law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (“FRS102”), as well as with the Accounting and Reporting by Charities: Statement of Recommended Practice (the “Charities SORP”). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the assets, liabilities and financial position of the company as at the financial year end date and of the net income or expenditure of the company for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees confirm that they have complied with the above requirements in preparing the financial statements.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities 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 responsible for the maintenance and integrity of the corporate and financial information included on the company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions

Approved by the Board of Trustees on 24 May 2024 and signed on its behalf by:

____ ______ John Murphy, Chairperson Paul Stanley, Treasurer

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

INDEPENDENT AUDITORS’ REPORT to the Members of Depaul Northern Ireland

(A company limited by guarantee, not having a share capital)

REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS

Opinion

We have audited the financial statements of DePaul Northern Ireland (the 'Company') for the year ended 31 December 2023, which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes to the financial statements, including a summary of significant accounting 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 applicable in the UK and Republic of Ireland" and Accounting 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:

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of financial statements in UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The Trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Auditors' Report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have 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 this regard.

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

INDEPENDENT AUDITORS’ REPORT to the Members of Depaul Northern Ireland

(A company limited by guarantee, not having a share capital)

Opinion on the Other Matters Prescribed by the Companies Act 2006

Based solely on the work undertaken in the course of the audit, we report that:

We have obtained all the information and explanations which we consider necessary for the purposes of our audit.

In our opinion the accounting records of the Company were sufficient to permit the financial statements to be readily and properly audited, and the financial statements are in agreement with the accounting records.

Matters on Which We Are Required to Report by Exception

Based on the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 requires us to report to you if, in our opinion:

Responsibilities of Trustees for the Financial Statements

As explained more fully in the Statement of Trustees' Responsibilities, the Trustees 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 determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

Auditors’ Responsibilities for the Audit of the Financial Statements

We have been appointed as auditor under section 65(2) of the Charities Act (Northern Ireland) 2008 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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 error, and to issue an Auditors’ 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 aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

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DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

INDEPENDENT AUDITORS’ REPORT to the Members of Depaul Northern Ireland

(A company limited by guarantee, not having a share capital)

Extent to which the audit was considered capable of detecting irregularities, including 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 fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.

We obtained an understanding of the legal and regulatory frameworks 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 financial statements. We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charity’s ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charity for fraud.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors and other management and inspection of regulatory and legal correspondence, if 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 recognition of grant and contract income and major donations and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management and the Audit Committee about their own identification and assessment of the risks of irregularities, testing of a sample of transactions against the terms of the funding agreements and the requirement of the Charities SORP (FRS102), sample testing on the posting of journals, reviewing accounting estimates for biases and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: . This description forms part of our Auditors’ Report.

The Purpose of Our Audit Work and to Whom We Owe Our Responsibilities

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and Part 4 of the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Signed by: _____ Roseanna O’Hanlon (Statutory Auditor)

for and on behalf of:

Crowe Ireland

Chartered Accountants and Statutory Audit Firm 40 Mespil Road Dublin 4 D04 C2N4 Ireland

Date: 27/5/2024

15

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating the Income and Expenditure Account)

for the financial year ended 31 December 2023

Unrestricted Restricted Unrestricted Restricted
Funds Funds Total Funds Funds Total
2023 2023 2023 2022 2022 2022
Notes £ £ £ £ £ £
Income
Donations and legacies **5.1 ** 499,325 85,596 584,921 536,033 210,006 746,039
Charitable activities 5.2 1,003,835 1,909,911 2,913,746 964,725 2,645,629 3,610,354
─────── ─────── ─────── ─────── ─────── ───────
Total income 1,503,160 1,995,507 3,498,667 1,500,758 2,855,635 4,356,393
─────── ─────── ─────── ─────── ─────── ───────
Expenditure
Raising funds 6.1 209,187 - 209,187 273,746 - 273,746
Charitable activities 6.2 - 3,732,478 3,732,478 34,696 3,430,879 3,465,575
─────── ─────── ─────── ─────── ─────── ───────
Total expenditure 209,187 3,732,478 3,941,665 308,442 3,430,879 3,739,321
─────── ─────── ─────── ─────── ─────── ───────
Net income/(expenditure) 1,293,973 (1,736,971) (442,998) 1,192,316 (575,244) 617,072
Transfers between funds 13 (1,051,447) 1,051,447 - (965,573) 965,573 -
─────── ─────── ─────── ─────── ─────── ───────
Net movement in funds
for the financial year 242,526 (685,524) (442,998) 226,743 390,329 617,072
────── ─────── ─────── ─────── ─────── ───────
Reconciliation of funds
Balances brought forward at
1 January 2023 13 1,247,627 887,426 2,135,053 1,020,884 497,097 1,517,981
─────── ─────── ─────── ─────── ─────── ───────
Balances carried forward at
31 December 2023 13 1,490,153 201,902 1,692,055 1,247,627 887,426 2,135,053
═══════ ═══════ ═══════ ═══════ ═══════ ═══════

The Statement of Financial Activities has been prepared on the basis that all operations are continuing operations.

There are no recognised surpluses and deficits other than those recorded in the Statement of Financial Activities.

The notes on pages 19 to 27 form part of these financial statements.

16

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) BALANCE SHEET

as at 31 December 2023

Notes 2023 2022
£ £
Fixed Assets
Tangible Assets 10 - 4,217
─────── ───────
Current Assets
Debtors 11 141,316 109,220
Cash and cash equivalents 17 2,372,863 2,385,304
─────── ───────
2,514,179 2,494,524
Creditors: Amounts falling due within one year 12 (822,124) (363,688)
─────── ───────
Net Current Assets 1,692,055 2,130,836
─────── ───────
Total Assets less Current Liabilities 1,692,055 2,135,053
═══════ ═══════
Funds
Restricted funds 13 201,902 887,426
Unrestricted funds 13 1,490,153 1,247,627
─────── ───────
Total Funds 13 1,692,055 2,135,053
═══════ ═══════

These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The notes on pages 19 to 27 form part of these financial statements.

Approved and authorised for issue by the Board of Trustees on 24 May 2024 and signed on its behalf by:

John Murphy, Chairperson Paul Stanley, Treasurer

17

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) STATEMENT OF CASH FLOWS

for the financial year ended 31 December 2023

Notes 2023 2022
£ £
Cash flows from operating activities
Net movement in funds (442,998) 617,072
Adjustments for:
- Depreciation 4,217 4,217
- Movement in debtors 10,444 436,783
- Movement in creditors 493,982 (108,271)
─────── ───────
Net cash generated from operating activities 65,645 949,801
─────── ───────
Cash flows from financing activities
Advances to group companies (42,540) (639)
Advances from group companies (35,546) (167,266)
─────── ───────
Net cash used in financing activities (78,086) (167,905)
─────── ──────
Net (decrease) / increased in cash and cash equivalents (12,441) 781,896
Cash and cash equivalents at 1 January 2023 2,385,304 1,603,408
─────── ───────
Cash and cash equivalents at 31 December 2023 17 2,372,863 2,385,304
═══════ ═══════

18

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2023

1. GENERAL INFORMATION

Depaul Northern Ireland is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is 449 Antrim Road, Belfast, BT15 3BJ which is also the principal place of business of the company. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.

2. ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company’s financial statements.

Basis of preparation

The financial statements have been prepared on the going concern basis under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice (Charities SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)", the Companies Act 2006, the Charities Act 2011 and FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

As permitted by the Companies Act 2006, the company has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP.

Fund accounting

The following are the categories of funds maintained:

Restricted funds

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Unrestricted funds

Unrestricted funds consist of General and Designated funds.

Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The following specific policies are applied to particular categories of income:

19

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 December 2023

On receipt, donated goods and services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised based on an estimate of the amount recoverable.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

Expenditure on charitable activities comprises those costs incurred by the company in the delivery of its charitable activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Costs of raising funds comprise the costs associated with attracting donations and those costs incurred in trading and event activities that raise funds.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the company and includes audit fees and governance costs recharged from the parent company. All expenses including support costs and governance costs are allocated to the applicable expenditure headings.

Operating leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals under operating lease are dealt with in the Statement of Financial Activities as incurred over the period of the rental agreement.

Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year. The assets of the scheme are held separately from those of the company in an independently administered fund.

Going concern

The company made a net deficit of £442,998, however excluding the deficit from restricted activities, the company made a surplus of £242,526 and had net current assets and net assets of £1,692,055 at the year end.

The Trustees have considered the potential financial effects from the changing economic environment for the upcoming 12 months from the date of approval of the financial statements, including considering the potential impact on fundraising and is taking appropriate actions to ensure that the company continues as a going concern.

The financial statements have been prepared on a going concern basis.

20

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital)

NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 December 2023

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

The company’s policy is to review the remaining useful economic lives and residual values of tangible fixed assets on an ongoing basis and to adjust the depreciation charge to reflect the remaining estimated useful economic life and residual value.

Fully depreciated tangible fixed assets are retained in the cost of tangible fixed assets and related accumulated depreciation until they are removed from service. In the case of disposals, assets and related depreciation are removed from the financial statements and the net amount, less proceeds from disposal, is charged or credited to the Statement of Financial Activities.

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid net of any trade discounts due.

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

Cash and cash equivalents

Cash includes cash on hand, demand deposits and other short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash equivalents includes longer term bank deposits and investments that can be readily converted into cash.

Taxation

The company is a registered charity and, therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

Foreign currencies

The financial statements are prepared in Pound Sterling (£) which is the functional currency of the company. Foreign currency transactions are recorded in Pound Sterling at the rate ruling on the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into Pound Sterling at the Balance Sheet date. The resulting gains and losses are dealt with in the Statement of Financial Activities.

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the Balance Sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the Balance Sheet date.

21

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 December 2023

3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The preparation of these financial statements is based on judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses.

Judgements and estimates are continually evaluated and are based on historical experiences and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

Income recognition

In applying the income recognition principles of the Charities SORP, judgements are occasionally required to ascertain whether a grant agreement is performance or non-performance based. This is done using established criteria that are applied consistently across all funding instruments and from one period to the next. Furthermore, where grant agreements are found to be performance based, judgements are required as to the level of income that should be recognised for the year. The organisation typically uses incurred expenditure as the most appropriate basis to measure progress on grant agreements and to recognise the related income. This is done in conjunction with a qualitative assessment of the status of the underlying projects in order to ensure this represents the most appropriate basis of recognition. All judgements are made at the individual grant level and are subject to appropriate review and approval processes.

Provision for doubtful debts

The company makes an estimate of the recoverable value of trade and other debtors. The company uses estimates based on historical experience in determining the level of debts, which the company believes will not be collected. These estimates include such factors as the current credit rating of the debtor, the age profile of debts and historical experience. Any significant reduction in the level of payment defaults or other significant improvements that resulted in a reduction in the level of bad debt provision would have a positive impact on the operating results. The level of provision required is reviewed on an ongoing basis.

4.

INCOME – BY SOURCE
INCOME– BY SOURCE 2023 2022
£ £
Supporting People 1,278,609 2,085,312
Housing Benefit / Charges to residents 1,003,835 919,297
Northern Ireland Housing Executive 447,506 570,875
Public Health Agency 183,796 112,830
Fundraising 583,707 663,146
Other 1,214 4,933
─────── ───────
3,498,667 4,356,393
═══════ ══════

Included in the Supporting People funding is an amount of £nil (2022: £107,694) relating to Supporting People Covid Emergency Funding and the Covid Special Recognition Payment scheme.

5. INCOME
5.1 DONATIONS AND LEGACIES Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Donations 499,325 12,442 511,767 593,517
Grants - 73,154 73,154 152,522
─────── ─────── ─────── ─────
499,325 85,596 584,921 746,039
═══════ ═══════ ═══════ ═════

22

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 December 2023

5.2 CHARITABLE ACTIVITIES
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
High Support Accommodation 613,103 435,796 1,048,899 1,450,265
Health and Rehabilitation - - - 119,465
Families and Young People 390,732 420,804 811,536 1,027,087
Housing - 352,388 352,388 278,557
Prevention - 700,923 700,923 734,980
─────── ─────── ─────── ───────
1,003,835 1,909,911 2,913,746 3,610,354
═══════ ═══════ ═══════ ═══════
6. EXPENDITURE
6.1 RAISING FUNDS Direct Direct Support Total Total
Staff Costs Other Costs Costs 2023 2022
£ £ £ £ £
Fundraising 86,071 104,901 18,215 209,187 273,746
═════ ═══════ ═══════ ═══════ ══════
6.2 CHARITABLE ACTIVITIES
UNRESTRICTED Direct Staff
and Volunteer
Costs
£		 Direct Other
Costs
£		 Support
Costs
£		 Total
2023
£		 Total
2022
£
High Support Accommodation - - - - -
Health and Rehabilitation - - - - -
Families and Young People - - - - 6,476
Housing - - - - 23,136
Prevention - - - - 806
Governance costs (Note 6.2.1) - - - - 4,278
─────── ─────── ─────── ─────── ───────
- - - - 34,696
════════ ════════ ═══════ ════════ ═══════
RESTRICTED Direct Staff
and Volunteer
Costs		 Direct Other
Costs		 Support
Costs		 Total
2023		 Total
2022
£ £ £ £ £
High Support Accommodation 689,400
484,390		 300,746 1,474,536 1,436,419
Health and Rehabilitation - - - - 53,758
Families and Young People 571,006
276,789		 209,360 1,057,155 1,059,142
Housing 241,606
56,431		 80,523 378,560 275,085
Prevention 491,939
158,652		 161,151 811,742 600,346
Governance costs (Note 6.2.1) - 10,485 - 10,485 6,129
─────── ─────── ─────── ─────── ───────
1,993,951 986,747 751,780 3,732,478 3,430,879
─────── ─────── ─────── ─────── ───────
Total Charitable Activities 1,993,951 986,747 751,780 3,732,478 3,465,575
═══════ ═══════ ═══════ ═══════ ═══════

23

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 December 2023

6.2.1 GOVERNANCE COSTS Direct Staff
and Volunteer Direct Other Support Total Total
Costs Costs Costs 2023 2022
£ £ £ £ £
Auditors' remuneration -
5,373		 - 5,373 5,060
Depaul International -
5,112		 - 5,112 5,347
───────
───────		 ─────── ─────── ───────
-
10,485		 - 10,485 10,407
═══════
═══════		 ═══════ ═══════ ═══════
6.3 SUPPORT COSTS Cost of Charitable Total Total
Raising Funds Activities 2023 2022
£ £ £ £
Support staff 13,201 544,856 558,057 558,760
Support other 5,014 206,924 211,938 262,407
─────── ─────── ─────── ───────
18,215 751,780 769,995 821,167
═══════ ═══════ ═══════ ═══════
7. AUDITORS' REMUNERATION 2023 2022
£ £
Fees payable to the company's auditors and its associates for the audit of the
company's annual accounts (including VAT) 5,373 5,060
═══════ ═══════

8. EMPLOYEES AND REMUNERATION

The average number of persons employed during the financial year was as follows:

2023 2022
Number Number
Accommodation services 59 55
Community and outreach 25 29
Support functions 10 9
─────── ───────
94 93
═══════ ═══════
The employee costs comprise: 2023 2022
£ £
Wages and salaries 2,037,684 1,758,973
Social security costs 165,925 140,576
Employers pension contributions 53,197 38,131
Life assurance 38,965 33,309
─────── ───────
2,295,771 1,970,989
═══════ ═══════

24

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

continued

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2023

9. TRUSTEE AND KEY MANAGEMENT REMUNERATION

Key Management personnel comprises the Executive Leadership Team, which includes the Chief Executive Officer. The total remuneration paid to this group in their role as Key Management of Depaul Northern Ireland, inclusive of employer’s national insurance and including recharges from Depaul Ireland, was £92,462 (2022: £84,043).

There are no employees who received employee benefits excluding employer pension costs of more than £60,000 for the reporting period (2022: nil).

During the year, no Trustees received any remuneration (2022: £nil), any benefits (2022: £nil) or reimbursement of vouched expenses (2022: £nil).

10. TANGIBLE FIXED ASSETS

10. TANGIBLE FIXED ASSETS
Fixtures Motor
and fittings vehicles Total
£ £ £
Cost
At 1 January 2023 - 16,870 16,870
─────── ─────── ───────
At 31 December 2023 - 16,870 16,870
─────── ─────── ───────
Accumulated Depreciation
At 1 January 2023 - 12,653 12,653
Charge for the year - 4,217 4,217
─────── ─────── ───────
At 31 December 2023 - 16,870 16,870
─────── ─────── ───────
Net book value at 31 December 2023 - - -
═══════ ═══════ ═══════
Net book value at 31 December 2022 - 4,217 4,217
═══════ ═══════ ═══════
11. DEBTORS 2023 2022
£ £
Amounts owed by group undertakings (Note 16) 43,179 639
Prepayments and accrued income 98,137 108,581
────── ──────
141,316 109,220
══════ ══════
12. CREDITORS 2023 2022
Amounts falling due within one year £ £
Trade and other creditors 507,176 131,951
Amounts owed to group undertakings (Note 16) - 35,546
Taxation and social security costs 47,292 173
Accruals 107,218 106,856
Deferred income 160,438 89,162
────── ──────
822,124 363,688
══════ ══════

25

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 December 2023

13. FUNDS
13.1 RECONCILIATION OF MOVEMENT IN FUNDS **Unrestricted ** Restricted Total
Funds Funds Funds
£ £ £
At 1 January 2022 1,020,884 497,097 1,517,981
Movement during the year 226,743 390,329 617,072
─────────────────────
At 1 January 2023 1,247,627 887,426 2,135,053
Movement during the year 242,526 (685,524) (442,998)
─────────────────────
At 31 December 2023 1,490,153 201,902 1,692,055
═════════════════════

13.2 ANALYSIS OF MOVEMENTS ON FUNDS

Balance Transfers Balance
1 January between 31 December
2023 Income Expenditure funds 2023
£ £ £ £ £
Restricted
Restricted funds 887,426 1,995,507 (3,732,478) 1,051,447 201,902
─────── ─────── ─────── ─────── ───────
Unrestricted
General funds 1,247,627 1,503,160 (209,187) (1,051,447) 1,490,153
─────── ─────── ─────── ─────── ───────
Total Funds 2,135,053 3,498,667 (3,941,665) - 1,692,055
═══════ ═══════ ═══════ ═══════ ═══════

Supporting People restricted reserves at year end were £24,941 (2022: £668,124).

13.3 ANALYSIS OF NET ASSETS BY FUND

Tangible Current Current Net
assets assets liabilities assets
£ £ £ £
Restricted funds - 201,902 - 201,902
Unrestricted funds - 2,312,277 (822,124) 1,490,153
─────── ─────── ─────── ───────
- 2,514,179 (822,124) 1,692,055
═══════ ═══════ ═══════ ═══════

14. STATUS

The company is limited by guarantee.

In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

26

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 December 2023

15. OPERATING LEASE COMMITMENTS

At 31 December 2023 the total of the company's future minimum lease payments under non-cancellable operating leases was:

operating leases was:
2023 2022
£ £
Within 1 year 424,153 399,009
Between 1 and 5 years 42,167 64,167
After 5 years - -
═══════ ═══════

16. Related Party Transactions

The company had transactions with other group undertakings. The following amounts are receivable / (payable) at year end:

2023 Movement 2022
in year
£ £ £
Depaul International - (639) 639
Depaul Ireland 43,179 78,725 (35,546)
─────── ─────── ───────
43,179 78,086 34,907
═══════ ═══════ ═══════

Certain functions and activities are organised centrally within Depaul Ireland for other members of the Depaul Irish Group to avoid cost duplication. The company pays its parent company, Depaul Ireland, for costs incurred in support of the activities of the company, including recharges of key management remuneration, administration and other expenses. Total recharged expenses amounted to £338,902 (2022: £362,938). At 31 December 2023, the company had prepaid £43,179 to Depaul Ireland (2022: owed £35,546 to Depaul Ireland).

The company makes an annual contribution to its ultimate parent, Depaul International, which contributes to the development of policy and good governance and to support the Depaul International Group. For the year the company made a contribution of £25,558 (2022: £26,736). At 31 December 2023, the company had prepaid £0 to Depaul International (2022: £639).

17. CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS 2023 2022
£ £
Cash and bank balances 2,362,712 2,375,289
Cash equivalents 10,151 10,015
─────── ───────
2,372,863 2,385,304
═══════ ═══════

18. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs for 2023 amounted to £53,197 (2022: £38,131). The amount of outstanding contributions at 31 December 2023 was £11,226 (2022: £8,787).

19. POST-BALANCE SHEET EVENTS

There were no significant subsequent events that require disclosure or adjustment to the financial statements.

20. APPROVAL OF FINANCIAL STATEMENTS

The financial statements were approved and authorised for issue by the Board of Trustees on 24 May 2024.

27

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital)

SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

for The Financial Year Ended 31 December 2023

Not Covered by The Report Of The Auditors

28

DocuSign Envelope ID: 8195D507-7011-412E-9A6A-2BCFAAB6428C

Depaul Northern Ireland

(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

Operating Statement

for the financial year ended 31 December 2023

2023 2022
£ £
Income
Donations from individuals 496,421 556,767
Corporate donations 8,312 27,415
Community donations 5,820 4,402
Grant making trusts 73,154 74,562
Rents and charges to residents 1,003,835 919,297
Funding from Statutory Agencies 1,909,911 2,769,017
Other 1,214 4,933
─────── ───────
3,498,667 4,356,393
─────── ───────
Expenditure
Wages and salaries 2,037,684 1,758,973
Social security costs 165,925 140,576
Employer’s pension contributions 53,197 38,131
Life assurance/ health plan 38,965 33,309
Employee training 12,735 25,371
Employee costs 10,413 4,811
Recruitment 33,925 16,807
Rent and rates 453,383 435,434
Security 3,547 1,883
Insurance 78,051 56,353
IT hardware and software 49,126 55,490
Light and heat 138,157 171,158
Cleaning 92,109 90,775
Repairs and maintenance 46,078 77,746
Printing, stationery and equipment 7,305 9,317
Advertising and promotion 67,758 154,361
Telephone 56,913 60,438
Travel and subsistence 32,527 21,289
Consultancy and professional fees 21,480 22,273
Audit fees 5,373 5,060
Volunteer expenses 26 69
Client welfare expenses 59,562 77,091
Bank charges 5,013 5,078
Depaul International contribution 25,558 26,736
Catering costs 79,109 53,270
Health and safety 6,810 9,350
Depreciation 4,217 4,217
Miscellaneous 101 208
Workshops, conferences and meetings 4,710 5,619
Central office recharges 338,902 362,938
Subscriptions 12,409 15,190
Pastoral care 597 -
─────── ───────
3,941,665 3,739,321
─────── ───────
Net surplus (442,998) 617,072
═══════ ═══════

The supplementary information does not form part of the audited financial statements

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