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2024-12-31-accounts

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

Company Number: 054106 Charity Number: 102995/ XR87991

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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

Trustees John Murphy, Chairperson
Paul Stanley, Treasurer
Ursula Fernee (appointed 5 February 2025)
Patrick Hopkins (appointed 23 October 2024)
David Lane
Jennifer Lee
Mary Leonard
Fr. Joseph Loftus
Tim McKeown (appointed 7 February 2024)
John Megahey
Sr. Margaret O’Donovan
Paul O’Malley
Joseph Wolfe (appointed 17 July 2024)
Company Secretary Paul White (appointed 25 September 2024)
Executive Leadership Team David Carroll, CEO
Kevin Barrett, Director of Finance and Risk
Siobhán McKenna, Director of Fundraising & Communications
Dermot Murphy, Director of Services and Development
Sarah Reeves, Director of People and Organisation
Ross O’Connor Kenny, Director of Operations & Compliance
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: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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

for the financial year ended 31 December 2024

2024 was a bitter sweet year for Depaul in Northern Ireland. We gained a renewed sense of purpose and vigour with the launch of our new Strategic plan, Leading the Way Home , which heralded an intention of strengthening our voice as an organisation committed to constructive and lasting change to end homelessness not only in Northern Ireland but internationally as well. Being part of an international group allows us to appreciate a wider perspective and understand that the trends driving homelessness in Northern Ireland are being repeated and duplicated globally.

However, the depressing fact that homelessness and housing stress continues to grow is something that cannot be ignored. It is unacceptable that we now have over 5,000 children in temporary accommodation across the region with no major prospect that housing supply will grow to end this. We welcome the fact that the Stormont Assembly has got back on its feet and that the Programme for Government prioritises housing and homelessness but this needs to be translated into action. Depaul are calling for the establishment for a housing commission to drive a radical change of direction in the region to reverse the upwards trends in homelessness.

The economic picture certainly fuelled increased housing stress and homelessness and has made it increasingly difficult for NGOs to survive and fulfil their mission in a time of increasing demand. However, we are so grateful to the general public who continued to donate substantial vital funds to Depaul in 2024. Without them we would be unable to operate our services in the manner that we do, reaching those with the greatest complexities. There is no doubt that we are witnessing a considerable deterioration in drug and alcohol use. We continue to play a major part in the response to these issues in the provision of the Complex Lives programme in Belfast and our day service in L/Derry.

We published a major report in May in L/Derry which reviewed the Low Threshold service’s in the North West run by Depaul. This highlighted the increasing pressures faced by services and service users with the ever changing complexion of substance use. Depaul are grateful to the Public Health Agency for its ongoing funding of these services.

Continued public trust is a critical for the delivery of our mission and I would like to thank our Board of Trustees for their skills and professionalism, allowing us to 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 our work. Alongside this, our employees have remained true to the vocational nature of their work despite their own economic challenges. We will continue to strive and advocate to government for improvements in their terms and conditions to reward them for the amazing work that they do.

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: 28 May 2025

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Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

Depaul Northern Ireland

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

for the financial year ended 31 December 2024

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 2024. 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 gain and maintain access to accommodation services 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 one 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: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

Depaul Northern Ireland

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

for the financial year ended 31 December 2024

Review of Activities

While part of the Depaul Irish Group, Depaul Northern Ireland operates as a separate registered charity supporting people who are experiencing homelessness in Northern Ireland. A key measure of our effectiveness in achieving our mission to end homelessness and change the lives of those affected by it is the number of exits from homelessness achieved by our Service Users. Depaul Northern Ireland supported 54 people to exit homelessness during the year while Depaul Ireland achieved 958 exits. The Depaul Irish Group, therefore, supported a total of 1,012 (2023: 726) people to move out of homelessness in the year, a significant increase on the previous year.

An important part of our engagement with our Service Users is the support meetings or individual key working sessions we hold with them on a regular basis. In 2024, Depaul Northern Ireland recorded a total 13,417 sessions, while Depaul Ireland held 36,840 such key working sessions. These sessions are a vital part of the support structures that help Service Users face their individual challenges and move towards exiting homelessness.

During the year Depaul Northern Ireland supported 627 (2023: 783) people including single people, couples and families across all our services throughout the region through our direct case management approach. The total number of people supported in the Republic of Ireland was 6,694, bringing the total for the Depaul Irish Group to 7,321. In addition, Depaul Housing provided accommodation for 51 tenancies during the year, primarily in Dublin.

Key Achievements in the Year

Depaul Northern Ireland achievements in 2024 included:

Charitable Activities

The Depaul Irish Group launched its updated strategic plan for 2024-2026, “Leading The Way Home” during the year. The strategic direction for the Depaul Ireland Group continues on 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.

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: Delivering Services and Housing Theme 2: Fulfilling Our People’s Potential Theme 3: Leading Our Organisation Theme 4: Taking a Lead From People With Lived Experience Theme 5: Strengthening 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 a range of different responses from us. People who are experiencing homelessness 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 we serve.

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Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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

for the financial year ended 31 December 2024

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 45 (2023: 63) individuals with a history of drug and alcohol misuse to remain in their own homes. The Foyle Haven Day Centre has continued to play a vital role in the L/Derry area supporting people with a range of challenges. In 2024 the Day Centre supported 141 people (2023: 246 people) reflecting a more normal level of need as we have scaled back our extra outreach activities in the post-Covid era.

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 40 people (2023: 48 people).

The Castlehill Service in Dungannon provides self-contained accommodation and during the year provided supported accommodation for 49 people (2023: 61 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 60 adults and 75 children through the year (2023: 93 adults and 87 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. Mater Dei accommodated 31 adults and 35 children (2023: 28 adults and 34 children) while Cloverhill accommodated 54 adults and 53 children (2023: 44 adults and 55 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 46 people (2023: 60) people across the two cities.

Health and Rehabilitation

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Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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

for the financial year ended 31 December 2024

Depaul continues to provide vital onsite support in all our services while working closely with other agencies to ensure those experiencing homelessness have access to the healthcare they require. Depaul Northern Ireland makes space available in our Foyle Haven Day Centre to facilitate a needle exchange and external health professionals run on-site clinics including screening services, health and wellbeing checks, podiatry, vaccines and counselling in a dedicated clinical room. This vital intervention plays 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.

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 51 volunteers contributed 1,644 hours of volunteering (2023: 16 volunteers and 702 hours) across our services in Northern Ireland.

FUTURE PLANS

During 2024 Depaul Northern Ireland reviewed its strategic plan in conjunction with Depaul Ireland and Depaul International. This plan covers the years 2024-2026 and will form the basis for activity over the coming years.

Depaul is committed to continuously improve and develop its services. The appointment of a Sustainability Manager for 2 years to mid-2025, was successful in identifying opportunities and initiatives to be progressed over the next number of years that will strengthen our service offering across Northern Ireland. Three specific initiatives are being progressed starting in 2025:

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 Patrick Hopkins (appointed 23 October 2024) David Lane

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Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

Depaul Northern Ireland

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

for the financial year ended 31 December 2024

Jennifer Lee Mary Leonard Fr. Joseph Loftus Tim McKeown (appointed 7 February 2024) John Megahey Sr. Margaret O’Donovan Paul O’Malley Paul Stanley Paul White (resigned 30 April 2025) Joseph Wolfe (appointed 17 July 2024)

The Company Secretary was Laurence J Tuomey (resigned 25 September 2024) and Paul White (appointed 25 September 2024).

The Trustees did not receive any loans or remuneration from the company during the year. 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 £4.3m (2023: £3.5m) with the increase reflecting a return to a more usual level of income following the refund of accumulated unspent restricted funding to the statutory agency in the prior year. Depaul Northern Ireland depends on a high level of statutory income, with over 85% of 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 £115k and a restricted deficit of £24k, resulting in an overall net surplus of £92k for 2024 (2023: £0.4m deficit).

Our fundraising income for the year amounted to £558k (2023: £585k), 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.

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Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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

for the financial year ended 31 December 2024

The unrestricted surpluses generated over the last few years together with specific corporate and Trust donations have allowed the Trustees approve the opening of a new support service for women coming out of prison to commence in 2025. To this end the Trustees designated £300k of unrestricted reserves for this new service to be spent over the next number of years. Depaul Northern Ireland ended the financial year with an unrestricted undesignated reserve of £1.3m (2023: £1.5m). 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.

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.

During 2024 the Trustees designated an amount of £300k from its unrestricted reserves to be used in conjunction with other corporate donations secured in developing a new service over the next number of years to support women coming out of prison. At 31 December 2024 the company had sufficient other unrestricted reserves for the general reserve target of 6 weeks annual operating costs and held an additional 10.2 weeks (2023: 13.7 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: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

Depaul Northern Ireland

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

for the financial year ended 31 December 2024

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 28 May 2025 and signed on its behalf by:

____ ______ John Murphy, Chairperson Paul Stanley, Treasurer

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Depaul Northern Ireland

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

for the financial year ended 31 December 2024

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 28 May 2025 and signed on its behalf by:

____ ______ John Murphy, Chairperson Paul Stanley, Treasurer

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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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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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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

for and on behalf of:

Crowe Ireland

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

Date: 29/5/2025

15

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

Unrestricted Restricted Unrestricted Restricted
Funds Funds Total Funds Funds Total
2024 2024 2024 2023 2023 2023
Notes £ £ £ £ £ £
Income
Donations and legacies **5.1 ** 481,638 76,187 557,825 499,325 85,596 584,921
Charitable activities 5.2 1,073,902 2,649,372 3,723,274 1,003,835 1,909,911 2,913,746
─────── ─────── ─────── ─────── ─────── ───────
Total income 1,555,540 2,725,559 4,281,099 1,503,160 1,995,507 3,498,667
─────── ─────── ─────── ─────── ─────── ───────
Expenditure
Raising funds 6.1 193,426 - 193,426 209,187 - 209,187
Charitable activities 6.2 239,172 3,756,955 3,996,127 - 3,732,478 3,732,478
─────── ─────── ─────── ─────── ─────── ───────
Total expenditure 432,598 3,756,955 4,189,553 209,187 3,732,478 3,941,665
─────── ─────── ─────── ─────── ─────── ───────
Net income/(expenditure) 1,122,942 (1,031,396) 91,546 1,293,973 (1,736,971) (442,998)
Transfers between funds 13 (1,007,616) 1,007,616 - (1,051,447) 1,051,447 -
─────── ─────── ─────── ─────── ─────── ───────
Net movement in funds
for the financial year 115,326 (23,780) 91,546 242,526 (685,524) (442,998)
────── ─────── ─────── ─────── ─────── ───────
Reconciliation of funds
Balances brought forward at
1 January 2024 13 1,490,153 201,902 1,692,055 1,247,627 887,426 2,135,053
─────── ─────── ─────── ─────── ─────── ───────
Balances carried forward at
31 December 2024 13 1,605,479 178,122 1,783,601 1,490,153 201,902 1,692,055
═══════ ═══════ ═══════ ═══════ ═══════ ═══════

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: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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

as at 31 December 2024

Notes 2024 2023
£ £
Fixed Assets
Tangible assets 10 - -
─────── ───────
Current Assets
Debtors 11 176,650 141,316
Cash and cash equivalents 17 2,602,417 2,372,863
─────── ───────
2,779,067 2,514,179
Creditors: Amounts falling due within one year 12 (995,466) (822,124)
─────── ───────
Net Current Assets 1,783,601 1,692,055
─────── ───────
Total Assets less Current Liabilities 1,783,601 1,692,055
═══════ ═══════
Funds
Restricted funds 13 178,122 201,902
Designated funds 13 300,000 -
Unrestricted funds 13 1,305,479 1,490,153
─────── ───────
Total Funds 13 1,783,601 1,692,055
═══════ ═══════

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 28 May 2025 and signed on its behalf by:

John Murphy, Chairperson Paul Stanley, Treasurer

17

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

Depaul Northern Ireland

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

for the financial year ended 31 December 2024

Notes 2024 2023
£ £
Cash flows from operating activities
Net movement in funds 91,546 (442,998)
Adjustments for:
- Depreciation - 4,217
- Movement in debtors (62,157) 10,444
- Movement in creditors 173,342 493,982
─────── ───────
Net cash generated from operating activities 202,731 65,645
─────── ───────
Cash flows from financing activities
Advances from / (to) group companies 26,823 (78,086)
─────── ───────
Net cash generated from / (used in) financing activities 26,823 (78,086)
─────── ──────
Net (decrease) / increased in cash and cash equivalents 229,554 (12,441)
Cash and cash equivalents at 1 January 2024 2,372,863 2,385,304
─────── ───────
Cash and cash equivalents at 31 December 2024 17 2,602,417 2,372,863
═══════ ═══════

18

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

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: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

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.

• Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company which is normally upon notification of the interest paid or payable by the Bank.

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.

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.

20

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

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 pretax 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.

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.

21

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

Going concern

The company made a surplus of £91,546, however, excluding the deficit from restricted activities, the company made a surplus of £115,326 and had net current assets and net assets of £1,783,601 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.

4.

INCOME– BY SOURCE 2024 2023
£ £
Supporting People 2,051,645 1,278,609
Housing Benefit / Charges to residents
1,073,902		 1,003,835
Northern Ireland Housing Executive 446,457 447,506
Public Health Agency 151,270 183,796
Fundraising 557,432 583,707
Other 393 1,214
─────── ───────
4,281,099 3,498,667
═══════ ═══════

5. INCOME 5.1 DONATIONS AND LEGACIES

INCOME
DONATIONS AND LEGACIES Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Donations 469,150 450 469,600 511,767
Grants 12,488 75,737 88,225 73,154
─────── ─────── ─────── ─────
481,638 76,187 557,825 584,921
═══════ ═══════ ═══════ ═════
CHARITABLE ACTIVITIES
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
High Support Accommodation 645,190 822,303 1,467,493 1,048,899
Health & Rehabilitation - - - -
Families & Young People 428,712 693,816 1,122,528 811,536
Housing - 361,320 361,320 352,388
Prevention - 771,933 771,933 700,923
─────── ─────── ─────── ───────
1,073,902 2,649,372 3,723,274 2,913,746
═══════ ═══════ ═══════ ═══════

5.2 CHARITABLE ACTIVITIES

22

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

6. EXPENDITURE
6.1 RAISING FUNDS Direct Direct Support Total Total
Employee Costs Other Costs Costs 2024 2023
£ £ £ £ £
Fundraising 84,239 89,824 19,363 193,426 209,187
═════ ═══════ ═══════ ═══════ ══════
6.2 CHARITABLE ACTIVITIES
UNRESTRICTED Direct Employee
and Volunteer
Costs
£		 Direct Other
Costs
£		 Support
Costs
£		 Total
2024
£		 Total
2023
£
High Support Accommodation 50,014 22,435 90,231 162,680 -
Health & Rehabilitation - - - - -
Families & Young People 11,211 5,029 20,227 36,467 -
Housing 5,315 2,384 9,589 17,288 -
Prevention 6,661 2,988 12,016 21,665 -
Governance costs (Note 6.2.1)
-		 1,072 - 1,072 -
─────── ─────── ────── ─────── ───────
73,201 33,908 132,063 239,172 -
═══════ ════════ ═══════ ═══════ ═══════
RESTRICTED Direct Employee
and Volunteer
Costs		 Direct Other
Costs		 Support
Costs		 Total
2024		 Total
2023
£ £ £ £ £
High Support Accommodation 757,225 517,224 191,061 1,465,510 1,474,536
Health & Rehabilitation 22,567 1,785 - 24,352 -
Families & Young People 613,553 290,916 212,304 1,116,773 1,057,155
Housing 238,288 43,910 72,362 354,560 378,560
Prevention 490,193 124,262 169,471 783,926 811,742
Governance costs (Note 6.2.1)
-		 11,834 - 11,834 10,485
─────── ─────── ─────── ─────── ───────
2,121,826 989,931 645,198 3,756,955 3,732,478
─────── ─────── ─────── ─────── ───────
Total Charitable Activities 2,195,027 1,023,839 777,261 3,996,127 3,732,478
═══════ ═══════ ═══════ ═══════ ═══════
6.2.1 GOVERNANCE COSTS Direct Employee
and Volunteer Direct Other Support Total Total
Costs Costs Costs 2024 2023
£ £ £ £ £
Auditors' remuneration - 7,546 - 7,546 5,373
Depaul International - 5,360 - 5,360 5,112
─────── ─────── ─────── ─────── ───────
- 12,906 - 12,906 10,485
═══════ ═══════ ═══════ ═══════ ═══════

23

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

6.3 SUPPORT COSTS Cost of Charitable Total Total
Raising Funds Activities 2024 2023
£ £ £ £
Support employee
 13,367 536,568 549,935 558,057
Support other
 5,996 240,693 246,689 211,938
─────── ─────── ─────── ───────
19,363 777,261 796,624 769,995
═══════ ═══════ ═══════ ═══════
7. AUDITORS' REMUNERATION 2024 2023
£ £
Fees payable to the company's auditors and its associates for the audit of the
company's annual accounts (including VAT) 7,546 5,373
═══════ ═══════
8. EMPLOYEES AND REMUNERATION
The average number of persons employed during the financial year was as follows:
2024 2023
Number Number
Accommodation services 51 59
Community and outreach 26 25
Support functions 12 10
─────── ───────
89 94
═══════ ═══════
The employee costs comprise: 2024 2023
£ £
Wages and salaries 2,241,640 2,037,684
Social security costs 168,073 165,925
Employers pension contributions 53,680 53,197
Life assurance 43,096 38,965
─────── ───────
2,506,489 2,295,771
═══════ ═══════

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 £100,026 (2023: £92,462).

There are no employees who received employee benefits excluding employer pension costs of more than £60,000 for the reporting period (2023: nil).

During the year, no Trustees received any remuneration (2023: £nil) or any benefits (2023: £nil). Trustees were reimbursed £nil (2023: £nil) for vouched expenses

24

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

10. TANGIBLE FIXED ASSETS

10. TANGIBLE FIXED ASSETS
Motor
vehicles Total
£ £
Cost
At 1 January 2024 16,870 16,870
─────── ───────
At 31 December 2024 16,870 16,870
─────── ───────
Accumulated Depreciation
At 1 January 2024 16,870 16,870
Charge for the year - -
─────── ───────
At 31 December 2024 16,870 16,870
─────── ───────
Net book value at 31 December 2024 - -
═══════ ═══════
Net book value at 31 December 2023 - -
═══════ ═══════
11. DEBTORS 2024 2023
£ £
Amounts owed by group undertakings (Note 16) 16,356 43,179
Prepayments and accrued income 160,294 98,137
────── ──────
176,650 141,316
══════ ══════
12. CREDITORS 2024 2023
Amounts falling due within one year £ £
Trade and other creditors 555,677 507,176
Taxation and social security costs 41,008 47,292
Accruals 95,864 107,218
Deferred income 302,917 160,438
────── ──────
995,466 822,124
══════ ══════

Included within Trade and other creditors are amounts due to Supporting People amounting to £389,043 (2023: £379,323).

25

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

13. FUNDS

13.1 RECONCILIATION OF MOVEMENT IN FUNDS
RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted **Designated ** Restricted Total
Funds Funds Funds Funds
£ £ £ £
At 1 January 2023 1,247,627 - 887,426 2,135,053
Movement during the year 242,526 - (685,524) (442,998)
─────── ────────────── ───────
At 1 January 2024 1,490,153 - 201,902 1,692,055
Movement during the year (184,674) 300,000 (23,780)
91,546
─────── ────────────── ───────
At 31 December 2024 1,305,479 300,000 178,122 1,783,601
═══════ ══════════════ ═══════

13.2 ANALYSIS OF MOVEMENTS ON FUNDS

Balance Transfers Balance
1 January between 31 December
2024 Income Expenditure funds 2024
£ £ £ £ £
Restricted
Restricted funds 201,902 2,725,559 (3,756,955) 1,007,616 178,122
─────── ─────── ─────── ─────── ───────
Unrestricted
Designated Funds - - - 300,000 300,000
General funds 1,490,153 1,555,540 (432,598) (1,307,616) 1,305,479
─────── ─────── ─────── ─────── ───────
1,490,153 1,555,540 (432,598) (1,007,616) 1,605,479
─────── ─────── ─────── ─────── ───────
Total Funds 1,692,055 4,281,099 (4,189,553) - 1,783,601
═══════ ═══════ ═══════ ═══════ ═══════

Supporting People restricted reserves at year end were £nil (2023: £24,941).

During the year the Trustees designated an amount of £300,000 from unrestricted reserves to establish a support service for women released from prison. This service is expected to become operational in 2025. The designated funds will contribute to the costs of this service over the next three years. Additional donations have been secured to fund this service.

13.3 ANALYSIS OF NET ASSETS BY FUND

Tangible Current Current Net
assets assets liabilities assets
£ £ £ £
Restricted funds - 178,122 - 178,122
Designated funds - 300,000 - 300,000
Unrestricted funds - 2,300,945 (995,466) 1,305,479
─────── ─────── ─────── ───────
- 2,779,067 (995,466) 1,783,601
═══════ ═══════ ═══════ ═══════

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: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

15. OPERATING LEASE COMMITMENTS

At 31 December 2024 the total of the company's future minimum lease payments under non-cancellable operating leases was:

operating leases was:
2024 2023
£ £
Within 1 year 440,390 424,153
Between 1 and 5 years 20,167 42,167
After 5 years - -
═══════ ═══════

16. RELATED PARTY TRANSACTIONS

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

2024 Movement in 2023
year
£ £ £
Depaul Ireland 16,356 26,823 43,179
═══════ ═══════ ═══════

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 £331,171 (2023: £338,902). At 31 December 2024, the company had prepaid £16,356 to Depaul Ireland (2023: £43,179).

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 £26,802 (2023: £25,558).

17. CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS 2024 2023
£ £
Cash and bank balances 2,591,837 2,362,712
Cash equivalents 10,580 10,151
─────── ───────
2,602,417 2,372,863
═══════ ═══════

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 2024 amounted to £53,680 (2023: £53,197). The amount of outstanding contributions at 31 December 2024 was £21,055 (2023: £11,226).

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 28 May 2025.

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Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

Not Covered by The Report Of The Auditors

28

Docusign Envelope ID: DBF52BB6-8551-46C1-BB1B-C1FEFCDFF00C

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 2024

2024 2023
£ £
Income
Donations from individuals 462,738 496,421
Corporate donations 3,579 8,312
Community donations 2,890 5,820
Grant making trusts 88,225 73,154
Rents and charges to residents 1,073,902 1,003,835
Funding from Statutory Agencies 2,649,372 1,909,911
Other 393 1,214
─────── ───────
4,281,099 3,498,667
─────── ───────
Expenditure
Wages and salaries 2,241,640 2,037,684
Social security costs 168,073 165,925
Employer’s pension contributions 53,680 53,197
Life assurance/ health plan 43,096 38,965
Employee training 21,296 12,735
Employee costs 3,576 10,413
Recruitment 12,778 33,925
Rent and rates 500,587 453,383
Security 961 3,547
Insurance 82,621 78,051
IT hardware and software 69,497 49,126
Light and heat 157,409 138,157
Cleaning 91,585 92,109
Repairs and maintenance 44,309 46,078
Printing, stationery and equipment 31,253 7,305
Advertising and promotion 21,623 67,758
Telephone 58,821 56,913
Travel and subsistence 40,900 32,527
Consultancy and professional fees 18,880 21,480
Audit fees 7,546 5,373
Volunteer expenses - 26
Client welfare expenses 39,310 59,562
Bank charges 1,922 5,013
Depaul International contribution 26,802 25,558
Catering costs 87,517 79,109
Health and safety 3,623 6,810
Depreciation - 4,217
Miscellaneous 1,652 101
Workshops, conferences and meetings 4,892 4,710
Central office recharges 331,171 338,902
Subscriptions 21,439 12,409
Pastoral care 1,094 597
─────── ───────
4,189,553 3,941,665
─────── ───────
Net surplus / (deficit) 91,546 (442,998)
═══════ ═══════

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

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