Company Number: N1619726 Charlty Number: NIC103206 INVOLVE (NI) IA company limltod by guarantéè, not havlng a share capltall Report and Unaudited Financial Statements for the year ended 31 March 2024 R TJRoss&Co Chartered Accountants 44 Molesworth Street Cookstown Tyrone BT80 8PA
INVOLVE {NI) {A company Ilmltsd by guarantge, not havlng a sharo Gapital) CONTENTS Page Trustees, and Other Information Trustees, Annual Report Statement of Trustees, Responsibilities Independent Examinevs Report Statement of Financial Activities 10 Balance Sheet 11 Accounting Policies 12-13 Notes to the Financial Statements 14-17
INVOLVE (NI) IA company Ilmlted by guarantee, not havlng a sharg capitsll TRUSTEES, AND OTHER INFORMATION Trustees Ms Rachael Jane Jeffers Ms Mary Josephine M¢Guckin Mr Michael Murphy Mr Joseph Wilson Mr Gerard Lynch Mrs Mary Devlin Charity Number In Northern Ireland NIC103206 Company Number N1619726 Principal Address 18 Queen Street Magherafelt Co Londonderry BT45 6AB Northern Ireland Accountants R TJRos5&Co Chartered Accountants 44 Molesworth Street Cookstown Tyrone BT80 8PA Northem Ireland Bankers Bank of Ireland 11 Market Street Magherafell Londondery 8T45 6EE
INVOLVE (NI) IA company Ilmlted by guarant, not having a share capltall TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 The trustees present their Trustees, Annual Report and the unaudited financial statements for the year ended 31 March 2024. The financial statements have been prepared in aGGordance with the accounting policies set oul in Note 1 to the financial stalements and comply with the company's Articles of Association, thè Companies Act 2006, Part 8 of the Charities Act (Northern Ireland) 2008, other applicable law and the requirements of the Statement of Recommended Practice {SORP), FRS102 and wilh the financial reporting standards applicable to charities preparing their accounts. GOVERNING DOCUMENT The organisation is a private tharilable ¢ompany limited by guarantee, having been incorporated on 7 August 2013. The company was established under a Memorandum of Association which established the objects and powers of Ihe charitable company and is governed under its Article of Association. In the event of the company being wound up members are required to contribute an amount not exedIng £1. Structure, Governance and Management The charity is Gommitted to Ihe principles of Corporate GOvernan- and through the development of various manuals, will capture all intemal and extemal prosseS and procedures. The detailing of the Gompany's activities in this way will ensure we follow best practice guidelines and demonstrate appropriate openness, transparency and accountability in all of our business activities. Embracing Corporate Govemance ensures that as an organisation we adhere to the highesl standards of inlegrity in carrying out our business and managing our finances. The company is fully aware of its responsibilities and the need for accountability, particularly in relation to the management of public money. Principal Rtsks and Uncertainties The diredors have conducted a review of the major risks to which the charity is exposed. Appropriate systems and intemal controls are in place throughoLtt the charity's processes and procedures lo provide clear acGounlability and to miligate those risks which the charity faces. The charity seeks to maintain high stsndards in the management of risk and the pro$seS in place are reviewed annually to ensure their relevance The trustees, who are also the directors of the charity, al the date of this report and those who served during the financial year together with the dates of any changes are set out on page 3 and are listed below. Trustees The trustee5 who served during the year are as follows: Ms Rachael Jane Jeffers Ms Mary Josephine M¢Guckin Mrs Mary Devlin Mr Gerard Lynch Mr Michael Murphy Mr Joseph Wlson In accordance with the Conslitution, the trustees retire by rotation and, being eligible, offer Ihemselves for re-election.
INVOLVE (NI) {A company limited by guarantee, not havlng a share capltsll TRUSTEES, ANNUAL REPORT for the year ended 31 Marth 2024 Objectlves and Activities The objects of Involve (Nl) as set out in our Articles is the promotion of education, training and personal development with a view to enabling the community lo enhance their social and personal skills, develop and participate in valued roles in the community and aGhieve a level of independence. Involve {Nl) also aims to advance cilizenship and community development through the provision of opportunlties for social inlera¢tion and social inclusion which support, enrich and empower the community.. and Ihe development of programmes with other partnerships and provision of services which promote choi¢e, opportunity, independence, equality and health and wellbeing. Public Benefit Statement In setting our objectives and planning our activities for the year Ihe trustees have given careful consideration to the Charity Commission for Northem Ireland's guidance on public benefit to ensure activities have helped to achieve the charity's purpose and provide a benefit lo Ihe beneficiaries. InVOLve (Nl) is solely run by volunteers who ensure InVOLve meet their objedives. InVOLve {Nl) has three venues which caters for the local community and facilitates Mid Ulster Volunteer Cenlre and The Base. InVOLve (Nl) was set up to meet the needs of the community creating a shared space for those living with a disability andlor disadvantage. InVOLve (Nl) enables community integration in a shared space for people from all backgrounds and communities regardless of age, disability, gender, sexual orientation, religion, race or where they live. Achievements and Perfonnance This annual report will give an oveNiew of the work of InVOLve (Nl) during 2023 - 2024. InVOLve (Nl) believe that they are meeting their objeclives. InVOLve (Nl) have 3 premises in Antrim, Cookstown and in particular InVOLve House. As a community building. InVOLve House has hosted more than 25 community groups and. on some days, up lo 60 people who have used the facilities for training, workshops and activities throughout the year, induding parenling classes, kid-focused workshops, soft sports activities, volunteer training, counselling, luncheon clubs, winter warmers, chair exercises and more. InVOLve House serves a wide variety of groups and is dedicated to providing a secure environment. This year, the space has been utilised by a number of community programs, including FACTS, Inspire Wellbeing, Recovery College. NOW Group, Mindwise, Down Syndrome Association, Cancer Focus, Disability Action, Belfast Central Mission, Alzheimerfs Society, and Slart360. We strive to serve all organisalions and Ihink we offer a much-needed facility. Evewing we do is based on accessibility and inclusion. Our goals are to address training needs and promote involvement for individuals who feel socially excluded. We offer volunleer opportunities to support Ihe running of the premises and those who attend activilies. We lry were possible to help out local charities a¢cess our building with one off project and again this year we offered Hopè Magherafelt the use of our building for free to help with their Chrislmas PJ appeal. Helping io store and wrap PJ'S.
INVOLVE (NI) IA company limited by guarantee, not havlng a share capltall TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 The goal of InVOLve House has been to create a community centre that provides a safe envlronmenl for people to engage in activities, meet new people, interact wtth one another, and maintain their heallh.So¢ial determinants are the systemic for$. policies and regulalions that have a long-term impact on a community. Access to se¢vices such as InVOLve House and the aclivities that take place in InVOLve House. we believe helps bring communities together in a neutral venue centrally located in Magherafell. Engaging people from under-represented groups increases their participation in community life and builds awareness of for example disability, health issuès etc. They bitng a different perspective and breaks down barriers. We were delighted to Ceive the Community Venues Grant, Mid Ulster District Council, which went towards supporting the ever-increasing running costs of InVOLve House. InVOLve House and our premises in Cookstown accommodate Mid Ulster Volunteer Centre offices and Northem Health and Social Care Trust, The Base which provides an alternative to traditional day-care. This is a project for local people wilh leaming disabilities which empowers them lo access local community services and facilities and facilitates soctal inclusion and the development of friendships. InVOLve (Nll partnership with the Northem Health and Social Care TTUSt (NHSCT) ended in June 2023. We no longer facilitate the Base Antrim, but we are delighted the Trust themselves have continued to provide this much needed service. The board, staff and volunteers of InVOLve wish Anlrim Base all the best. Acknowledgments All the work would nol be possible without the support of our funders. InVOLve (Nl) would like to thank the following.. Mid Ulster District Council Northern Health and Soctal Care Trust Cookstown and Western Shores Nelwork A special apprecÈation goes out lo the committee for their unwavering dedication and support this year, their input is crucial. Our volunteers and the Mid Ulster Volunteer Centre, who work with the management committee to maintain and sustain the building, deseNe yet anothef heartfelt thank you. None of the management committee received remuneralion or other benefit from their work with the charity. Additionally, we are grateful to the Magherafelt Market Trustees for their generous donation and continued support
INVOLVE (NI) IA company limited by guarantee. not havlng a share capitall TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 Trustees related party transactions None of the Trustees received remsjneration or other benefit from their work with the charity. Prfnclpal Funding sources Aside from income generated by Involve (Nl> through their services, the principal funding sources for Involve (Nl) is currently by way of grant and contract income. Financial Review In 2023124 total incoming resources were £61.106 (202212023= £82,729) During the year the charity was fortunate enough to receive support from a number of sources including the Northem Health and Social Care Trust, Mid Ulster Council and CWSAN. Total expenditure for 2023124 was £98,607 {202212023: £85,704) The charity was in a reasonably healthy financial position at Ihe year-end, with net Guent assets of £23,914. The trustees confimi that Sin the year-end, it is nol aware of any events that would have a rnaterial detrimental impact on its position. Reserves policy The truslees of Involve (Nl) have set a reserves policy which requires.. The charity to mainlain a level of reseNes which meet5 the needs of the projed both at Ihe current time and in the foreseeable future. The level of reserves held are based on the need to fvnd unexpected expenditure and to ensure that it can fund any shortfalls in income, should income not reach expected levels. The Board of Directors will be responsible for monitoring the level of reserves on a monlhly basis. This policy will be reviewed every three years in line with the strategic planning cycle.
INVOLVE {NI) {A company limited by guarantse, not having a sh•re capftall STATEMENT OF TRUSTEES, RESPONSIBILITIES AND DECLARATION ON UNAUDITED FINANCIAL STATEMENTS The trustees are responsible for preparing the financial ststements in accordance with applicable law and regulations. Company law requires the trustees es the directors to prepare financial statements for ea¢h financlal year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally ACpted Accounting Practice (United Kingdom Accounting Slandards and applicable law). Under charttable company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the charity and of the net income or expenditure of the charity for that period. In preparing these financial statements, the trustees are required to: select suiiable accounting policies and apply them consislently-, Make judgements and estimates that are reasonable and prudent., Observe Ihe methods and principles in the Chariles SORP: stste whether the Charities SORP (effective January 2015) in accordance with FRS 102 has been folbwed. prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charity will o)ntinue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the finanaal posÈtion of Ihe charity and to enable them to ensure that the financial slatements ¢omply wilh , and all Regulations to be consttued as one with that Act. They are also sponSible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Trustses, declaration on unaudFted firtancial statements In relation to the financial ststements comprising the Statement of Financial Activities, the Balance Sheet, the Accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgement's underlying them. The have been prepared in the going concem basis on the grounds that the charity will continue in operation. The trustees confirm that have made available to R T J Ross & Co . Chartered Accountants, all the charity's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements. The trustees confirm that lo the best of their knowledge and belief. the accounting records refflect all the transactions of the charty for the year ended 31 March 2024. Special provisions lating to small companies The above report has been prepared in accordancE with the special provisions relating to small companies within Part 15 of the Companie5 Act 2006. On behalf of the Board Ms Rachael Jane Jeffers Trustee Date: 18th November 2024
INVOLVE (NI) IA company Ilmited by guarant99, not havlng a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF INVOLVE (NI) I have examined the financial statements of Ihe Trust for the year ended 31 March 2024, which comprise the Statement of Financial Aclivities {incorporaling an Income and Expenditure Account), the Balance Sheet, the Accounting Policies and the related notes. These financial slatements have been prepared under the accounting policies set out therein. The finanGial statements were not required to be audiled in accordance with Part 16 of the Companies Act 2006. This report is made solely to Ihe ¢haritable company trustees, as a body, in a¢¢ordance with Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial stalements that we have been engaged to compile, report to Ihe charitable company's Board of Trustees that we have done so, and state those matters Ihal we have agreed to state lo Ihem in this report and for no other purpose. To the fullesl extent permitted by law, we do not accept or assume responsibility to anyone other Ihan the charitable company and Ihe charitable company's Board of Trustees, as a body, for our work, or for this report. Respective responsibilities of trustees and examiner As explained more fully in the Statement of Trustees, Responsibilities, the trustees, who are also the directors of the charitable company, are responsible for the preparation of the Trustees, Annual report and the financial slatements in accordance with applicable law and Accounting Standards (UK and Ireland}. The charitable company trustees consider an audil is not required for this year under Chapter 3 of Part 16 of the Companies Act 2006 but that an independent examination is required under that Act. It is my responsibility to.. examine the financial slatements under Chapter 3 of Part 16 of the Companies Act 2006 and section 65 of the Charities Act Ihereunder., follow the procedures laid down in tho general Directions given by the Charity Commission for Northern Ireland under section 65(9){b) of the Charites Act; and stale the facts if it has come to my attention in the course of my examination work Ihat any.. (i) material expendilure or action appears not lo be in accordance with the charitable company's trusts- (li} infomalion or explanation l am entitled to under the Regulations has not been afforded to me., (iii) infomiation contained in the financial statements is materially inconsistenl with the Trustees, Annual report for the year. Basis of independent examlnevs report My examination work was undertaken in aGCOrdan with Ihe general dirertions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. Such an examination includes a review of the accounting records kept by the charitable company and a comparison of the financial statements presented with those re¢ords.11 also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from yourselves as the charitable company trustees conceming any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements. Independent examlnevs statement In connection with my examinalion work, no matter has come to my attention: which gives me reasonable cause lo believe that in any material respect the requirements lo keep proper accounting records and to prepare accounts which accord with the accounting records and are in accordance with the methods and principles set out in the Charities SORP and which comply with the requireménts of section 396 of the Companies Act 2006 other than Ihe requirement to give a true and fair view have nol been mel., or to which. in my opinion. attention should be drawn in order to enable a proper understanding of the financial statements to be reached. lo¢0 Ann-marie O'Neill FCA R TJROSS&CO Chartered Accountants 44 Molesworth Street Cookstown Tyrone BT80 8PA Northern Ireland Date: 18th November 2024
INVOLVE (NI) IA company Ilmited by guarantee, not having a share capltall STATEMENT OF FINANCIAL ACTIVITIES Ilncorpor8ting an Income and Expendlture Account) for the year ended 31 Marth 2024 Unrestrlcted Restricted Funds Funds 2024 2024 Total Total 2024 2023 Notes Incoming Resources Generated funds: Voluntary In¢ome Donations and legacies 10,000 10,000 5,000 Charitable activities: Grants 6,824 6,824 25.679 Other trading activlties 39,300 4,982 44,282 52,050 Total incoming resources 49,300 11,806 61,106 82.729 Resources Expended Net Incoming Resources available for Charitable application 49.300 11,806 61,106 82,729 Resources Expended on Charitable Activities Community Developmenl 44,151 54,456 98,607 85,704 Total Resources Expended 44,151 54,456 98,607 85.704 Gross transfers beeen fvnds Surplusl{deficit) for the year 5,149 (42,650) 137,501) (2,975) Net movement in funds for the year 5,149 (42,650) 137,501) (2.975) Reconciliation of funds Balances brought fOard at 1 April 2023 70.815 101,445 172.260 175,235 Balances carried forward at 31 March 2024 75.964 58,795 134,759 172.260 The notes on pages 14 to 17 fomi part of the financlal statements 10
INVOLVE (NI) (A Gompany limltsd by guardntee, not havlng a share capltall Company Number: N1619726 BALANCE SHEET as at 31 March 2024 2024 2023 Notes Flxed Assets Tangible assets 110,845 145.962 Current Assets Cash and cash equNalents Debtors 25,694 41,214 25,694 (1,780) 41.214 (14.916) CreditOTS: Amounts falling due within one year 10 Net Current Assets 23.914 26,298 Total Assets less Current Liabilities 134759 172.260 Creditors Amounts falling due after more than one year 11 Net Assets 134,759 172,260 Funds Restricted trust funds General fijnd {unrestricted) 58.795 75,964 101.445 70.815 Totsl funds 13 134,759 172.260 These finanual statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For the financial year ended 31 March 2024 the charitable company was entitled to exempiion from audit under Section 477 of the Companies Act 2006; and no notice has been deposited under Section 476. The trustees acknowledge their responsibilty for ensuring that the charitable company keeps accounting records which comply with Section 386 and for preparing financial statements which give a true and fair view of the stste of affairs of the charitsble company as at the end of Ihe financial year and of its profit and loss for the financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements. so far 8s applicable to the charitsble company. Approved by the board and authorised for Issue on 18th November 2024 and slgned on Its behalf by Ms Rachael Jane Jeffers Trustee s Mary Joseph. rustee e McGuckin The notes on pages 14 to 17 lorm part of the fin8ncial statements 11
INVOLVE (NI) IA company Ilmited by guarantee. not havlng a share capltall ACCOUNTING POLICIES for the year ended 31 March 2024 General information The charity is a privale company limited by guarantee, registered in Northern Ireland and a registered charity in Northem Ireland. The address of the registered office is 18 Queen Street, Magherafelt, Co Londondorry, BT45 6AB. Statement of compliance These financial statements have been prepared in Complian with FRS 102, 'The Finan¢ial Reporting standard applicable in Ihe UK and the Republic of Ireland. The statement of Recommended Practice applicable in charities preparing Iheir accounts in accordan with the Financial Reporting Standard applicable in the UK and republi¢ of Ireland (FRS102J(Charities SORPIFRS1021} and the Charilies Act (Northem Ireland} 2008. Involve (Nl) meels the definition of a public benefit entity under FRS 102. Basis of preparation The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and Part 8 of the Charities Acl (Northern Ireland) 2008. The financial statements are prepared in sterling, which is Ihe functional currency of the entity. The following accounting policies have been applied consistently in dealing with items which are constdered material in relation to the charitable company's financial statements. Cash flow statement The charitable company has availed of the exemption in FRS 102 from the requirement to produce a cash flow slatement because it is classified as a small charitable company. Restrictsd funds Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the tenns of an appeal. Unrestricted free reseNes Unrestricted funds are available for use at the discretion of the Management Committee in furtherance of the general objectives of the company. Going Concern The Charity maintains a good level of liquidity- Having considered the circumstances, the ttustees consider it appropriate to prepare the financial statements on a going conrn basis. Accordingly, these financial statements do not include any adjustments to the carrying amounts and classification of assels and liabiltlies that may arise rf the charitable company is unable to continue as a going concem. Incoming Resources Voluntary income or capital is included in the Statement of Financial Aclivities when the charitable company is legally entitled lo it, ils financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate receipt. Entitlement to legacies is considered established when Ihe charitable company has been notified of a distribution lo be made by the executors. Income received in advance of due perfonnanGe under a contract is accounted for as deferred income until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have been met. All olher income is accounted for on an accruals basis. 12
INVOLVE (NI) IA company limited by guarantee, not havlng a sharg capitsll ACCOUNTING POLICIES for the year ended 31 March 2024 Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and granls, support costs and depreciation on related assets. Costs of generating funds similady include fundraising aclivities. Non-staff Costs nol attributed to one category of activity are allocated or apportioned pro-rata lo the Staffing of the relevant servits. Finance, HR, IT and administralive slaff Gosts are directly attributable to individual activities by objective. Governance costs are those associated with Constitutional and statutory requirements. Tangible fixed assets and depreciation Tangible fixed assets are stated al cost or at valualion, 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: Land and buildings freehold Fixtures, frttings and equipmenl 4 /0 Straighl line 5-100/0 Straight sine Taxation This organisation is a charity. therefore there is no liability to corporation tax. 13
INVOLVE (NI) IA company Ilmlted by guarantee, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 NET INCOMING RESOURCES 2024 2023 Net Incoming Resources are stated after chargingl{credlting): Depreciation of tangible assets Independent Examinerfs remuneration.. -independent examination services 7,410 10,800 1,050 1,020 INVESTMENT AND OTHER INCOME 2024 2023 Sundry income INTEREST PAYABLE AND SIMILAR CHARGES 2024 2023 Inlerest payable Charitable activities unrestricted 2024 Restricted 2024 Total 2024 Totsl 2023 Grants Northem Health & Social Care Trusl Mid Ulster District Council Limavady Cofflmunity Development Impact Network Nl CWSAN Co-operalion Ireland The Community Foundation for Nl 4,266 2,000 4,266 2,000 23,179 2,500 558 558 6,824 6,824 25,679 Other trading activities Unrestricted 2024 Restricted 2024 Totsl 2024 Total 2023 Renlal. Room Hire & Service in¢ome Training 39,300 4,982 44,282 52,050 39,300 4,982 44,282 52,050 14
INVOLVE (NI) IA company Ilmlted by guarantee, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 ANALYSIS OF RESOURCES EXPENDED Community Development unrestricted 2024 Restricted 2024 Totsl 2024 Total 2023 Other costs Office expenses Equipment expenses Volunteer expenses Hospitality Programme Costs Premises Costs Transfer of assets back to NHSCT Depreciation Bank charges 635 1,342 75 752 15,347 15,982 1,342 75 1,669 561 42,629 27,707 7,410 182 156 638 917 558 5,897 27,707 4,030 998 4,279 67,640 36,732 3,380 182 10,800 173 43,101 54,456 97,557 84.684 Govemance Costs 1,050 1,050 1,020 44,151 54.456 98,607 85.704 ANALYSIS OF SUPPORT AND GOVERNANCE COSTS unrestricted 2024 Restricted 2024 Total 2024 Total 2023 Support Costs: allocated on time Office expenses Premises Costs 635 36,732 15,347 5,897 15,982 42,629 156 67.640 37,367 21,244 58,611 67,796 Governance Costs Accounlancy 1,050 1,050 1,020 38,417 21,244 59,661 68,816 15
INVOLVE {NI) {A company limited by guarantee. not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mar¢h 2024 TANGIBLE FIXED ASSETS Land and Flxtures, bulldings fittings and freehold equipment Total Cost At 1 April 2023 Additions Trf of assels back to NHSCT Antrim Base At 31 March 2024 207,019 17,585 224,604 (30,000) (11,219> {41,219) 177,019 6.368 183,385 Depreciation At 1 April 2023 Charge for year Trf of assets back to NHSCT Anlrim Base At 31 March 2024 67,840 7,081 {7.200) 10,802 329 (6,312) 78,642 7,410 {13,512) 67.721 4,819 72.540 Net book value At 31 March 2024 109,298 1,547 110,845 At 31 March 2023 139,179 6,783 145,962 Debtors Amounts falllng due within one year 2024 2023 Grants due Other debtors 10. CREDITORS Amounts falling due withTn one yoar Other creditors Accruals and deferred income Amounts owed to Gonnected èntities 13,136 1,780 1,780 1,780 14,916 11. CREDITORS Amounts falllng due after more than one yoar 2024 2023 Bank loan Amounts owed to connected entitles Repayable beeen one and years Repayable between two and five years 16
INVOLVE (NI) IA Gompany limited by guarantee, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 12. ANALYSIS OF NET ASSETS BY FUND Fixed assets - Charity use Current assets Current Long-tern) liabilities IlabS1ities Total Restricted Income Restricled Fund 58,795 58,795 Unrestricted income Unrestricted Fund 52,050 25,694 (1,780) 75,964 110,845 25,694 (1.780) 134,759 13. ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2023 Incoming Resources resources expended Balance 31 March 2024 Restricted income Restricted Fund 101,445 11,806 54,456 58,795 Unrestricted Income Unrestricted Fund 70,815 49,300 44,151 75,964 Total funds 175,260 61,106 98,607 134,759 14. STATUS The Gharitable company is limited by guarantse not having a share capital. The liability of Ihe members is Simited. Every member of the company undertakes to Contribute to the assets of the company in the event of its bein9 wound up while they are members, or within one year Ihereafter, for the payment of the debts and liabilities of the company contracted before they aSed lo be members, and the costs, charges and expenses of winding up, and for the adjustment of Ihe rights of the conlributors among themselves, such amount as may be required, not exceeding £ 1. RELATED PARTY TRANSACTIONS 15. 2024 2023 The following amounts are due lo other connèded parties.. Amounts falling due after more Ihan one year 16. POST-BALANCE SHEET EVENTS The NHSCT service level agreement in relation to the Antrim base ended on the 301b June 2023, along with the lease ol the property. The Antrim base will no longer be facilitated by Involve (NIJ from the 301h June 2023 and all assets relating to the Antrim base were transferred back to the NHSCT. 17