Company reglslratlon number: N1023041 Foyle Wom•n'8 Ald Company Ilmltod by guaranlO• Flnanclal 81alemonl8 31 March 2023
Foyle Women'8 Ald Company Ilmlted by guarantee Conlenl$ P8ge Legal and admlnistralive inlormallon Trusiees. Report 2-10 Independent auditor's report10 the members Consolldaled Slalemenl ol Financial Aclivilie8 for the year ended 31 March 2023 15 Company siaiemenl ol Flnancial Aciivltles lor Ihe year ended 31 March 2023 16 Consolidale(S Balano Sheet as at 31 March 2023 17-18 Slatèm8nt ot Cash Flow and Consolldaled Statement of Cash Flow 19 Notes lo the Accounts 20.34
Foyle Women'8 Ald Company Ilmlted by guaranleo Legal and Admlnlgtratlve Intormatlon Stotug The organl8allon is a chariiable Company Ilmlted by guarantee, and is recognised as a Charity by Northern Ireland Charity Commission. The govgrnlng document 58 the Article8 Ot Assoclallon, updated and adopted In December 2016, Trustèe$ . Ms Elleen Webster Ichairpgrson) Ms Catherlne Mcmlnn (Treasurer} M8 Jacinla Mccool IA88lslanl Treasurer) Ms Karen O'Leary Ms Suzle McAneney (Appolnleo 13 Aprll 2022) Ms Amanda Biega (Appoinled 17 August 20221 MS Karen Br88lln (Appolnied 17 Augusi 20221 Company Secretary . Marie 8rown Audllors & A¢couniant$ . Fergus McAteer & Co, Chartered Accountants Reglsiered Auditors 31133 Clarendon Street Derry 8T48 7ER Maln 3ankers . Danske Bank 6 Shlpquay Place Derry Regl8lerod Olflce 24 Pump Street Derry BT48 6JG Nl Charlty Commlsslon Reler•nce No: NIC103223 Company Number '. N1023041 Poga i
Foyle Women'8 Ald Company Ilmlted by guaraniee Congolldated siaiemeni ol Flnan¢lal Acllvllle8 {InGludlng Income and expendlture accounl) for the Year End8d 31 March 2023 Unre8trlctod Re81rlcted Fund8 Fund• Totals 2023 Tolo18 2022 Nole• Income: Income Irom charltable actlvllie8 152,728 1,246.079 1,398,807 2,183,256 Income from Donallons and Legacles 25,821 300 20,121 21,816 Invesimont Income 161 12 173 Total 178,710 1,246,391 1,425,101 2,205,081 Expendlturo: Comfflercial Irading operalions Charitable aclivilie8 68,833 1.249,943 1,318,776 1,312.987 AaiGlng Funds Total r••our¢e8 exp•ndod 12691 68,564 12,852 1,262,595 12,383 1,331 .159 17,871 1,330,859 Net Income 110.146 116,2041 93,942 874,222 Tran8for8 beiwoon lund8 Net rnovemenl In lunds 110,148 (16,204} 93,942 874,222 A•¢on¢lllotlon of tund8 Total tunds brought forward ai l Aprll 2022 971,543 1,566,565 2,538,108 1,663,886 Total funds carrièd forward at 31 March 2023 1.081.689 1.550,361 2,632.050 2.538.108 Page15
Foyle Women's Ald Company Ilmlted by guarant Charlty Statement ol Fln8nclg1 Actlv111&3 (Includlng Incom¢ and expendiiure a¢¢ouni) for the Year Ended 31 March 2023 Unr981rlcted Roslrlclod Fund? Fund• Tol#l• 2023 Tot818 2022 Nolos Ineomo Income from charilablo activitlos 152,728 1 ,246,079 1,398,807 2,181,280 In¢orne from Donations and Legacles 25,821 300 26,121 20,746 Inve81m8nt income Toial 181 178,710 173 1,425,101 1,246,391 2,202,035 expendltur• Charllablo activltlo$ 62,828 1,249.943 1,312,771 1,304,377 Cog18 ol fAIGlng lund8 Total (1,9721 60,856 12,652 1,262,595 10,680 1,323,451 16,102 1,320.479 N•t Incom• 117.854 {16,2041 101,650 881,556 Tran8ter belween fundg N•t mov•menl In lund8 117,854 {16,204) 101.650 881,556 Roconclllatlon ol lund• Total lunds brought loN8rd al 1 April 2022 1,008,193 1,566,565 2,574,758 1,893,202 Total lunds carried torward at 31 March 2023 1,126.047 1,550,361 2.678,408 2,574,758 The slalemenl ol financial aclivilies includes all gains and losses recognised In the yoar. All income and expendllure derive Irom Gonllnuing a¢tlville8, Pago 16
Foyle Women'g Ald Company Ilmlled by guaranlO0 Consolldaled Balance Sheet a• al 31 March 2023 Group 2023 Group 2022 Ch•rlty 2023 Charlty 2022 Notej Flxed As8018 Tangible Assels Inveslmenlg Total Ilxed a980t8 11 2,625,545 12 2,545,213 2,625,545 34.000 2,659,545 2,545.213 34,000 2,579,213 2,625,545 2,545,213 Currént As88tg Doblors Cash al bank and In hand Toi41 currenl 09gOts 13 179,855 341,993 521,848 198,338 247,719 446,057 216,238 321,586 537,824 220,029 230.030 450,059 CrodltOf8: amounts lalllng due wlthln one year 14 128,321 144,088 133.939 145,440 Net current a88et8 393,527 301,969 403,885 304,619 Total a•8el•1••8 current Ilabllltl•8 3,019,072 2.847.182 3,063,430 2,883,832 Credltors: 4fflount8 lalllng due after one y•ar 15 1387,0231 1309,074) (387,0221 1309,074) Net 488818 2,632,049 2,538,108 2,676,408 2,574,758 The funds ol Ihe ¢harlty Restricted capltal lunds Reslricled funds Unreslricl&d funds 17 1,330,067 17 220.294 17 1,081,688 1.330.067 236,498 971,543 1,330,067 220,294 1,126,047 1,330,067 236,498 1.008,193 Total Charlly Fund8 2,632,049 2,538,108 2,676,408 2,574,758 These consolldaled acGOLinls are prepared in accordance wilh section 398 01 the Companios Act 2006 and the Charliies Acl INI) 2008 and applScable regulations. These financial slatemenls have been prepared in accordance wSlh the provislons applicable to companles subject to the small compani86' regime and in acLordan¢e Imth FRS 102 'Th8 Flnancial Reportlng Standard applicable in the UK and Republic ol Ireland,. Pagè17
Foyle Women's Ald Company Ilmlted by guarantee Tliese financial slatemenis were approved by the board of directors and aulhorised tOK Issue on 18 December 2023 and ar6 signed on behalf of Ihe board by. Ms Catherlne Mcmlnn Dlrector The altached notes form part ot these accounls. Page 18
Foylo Womon'8 Ald Company Ilmlted by guarantee Slalemenl ol cash Ilows {contlnued) Ye•r endad 31 March 2023 Group Charlty 2023 2022 2023 2022 Cagh Ilow8 Irom oporatlng aetlvltl?• Profil lor the financ181 year 93,Y3 874,227 101,650 881,556 Adjus¢ments lor.. D8pTeclation ol tangible assèi8 Olher Iiileresl receivablo and similar income Interest payable and similar expenses Accrued expensesl{income) Rounding 47,498 (1731 19,127 127,849) 49.088 191 17,776 27,245 (31 47,498 11731 19,127 126,576} 121 48,768 191 17,776 27.185 Changes In,. Trade and othei debtors Trade and Oiher creditors 18,483 9,992 112,325 (400,4251 3,792 12,985 100,081 {396,0381 Cash generated from operatlons 161,020 680,224 158,301 679,319 Inleresi pald Inleresl recelved 119,1271 178 117,7781 (19,1271 173 117,7761 Net cash from operating aclivllles 142,C66 662,457 139,347 661,552 Cash Ilow• Irom Inv•#tlng actlvlt1•9 Purchase ol langlble assets Nel cash used in Invesllng activilie5 1127,8301 1886,5991 (127.8301 1886.599} (886,5991 1127,830) 1886,599) 1127,8301 Cash IIow8 Irom Ilnanclng acllvltlaa Proceeds Iiom borrowings Nel cash Iromllused inl linan¢Sng activities 80,039 125.0691 125,0691 80,039 {25,0691 (25,0691 80,039 80,039 Nèt Increa$81(d8er888e) In cAgh & Cash equlvalonis Ca•h and ca•h equlval8nt8 at boglnnlng ol yaar Cash and cagh oqulvalonts at ènd ol yegr 94,275 247.719 1249,211) 496,930 91,556 230.030 1250,116) 480.146 341,994 247,719 321,586 230,030 Paue 19
Foyle Women'8 Ald Company Ilmlted by gu8ranle• Not88 to the Ilnanclal 81aiemenlg Year ended 31 March 2023 Genernl Inlorniatlon The company Is a private charitable company liffliled by guaranlee, reglslered In Northern Ireland. Tho address ol Ihe registgred ollice Is 24 Pump Street, Derry, 8T48 6JG. Accountlng pollcle8 Ba•18 of proparallon The linanclal 8lalemonl8 havo been prepared In accordance wilh Accounting and Reportlng by Charllles: Slalemenl of Recommended Pracllce appllcable to charill¢s preparing Iholr a¢count$ In accordance with Ihe Financial Reportlng Standard applicable in the UK and Republic ol Ireland IFRS 1021 lelloclive 1 January 20191 (Charities SORP IFRS 102}l. the Financial Reporllng Standard appllcable In ihe UK and Republic of Ireland IFRS 1021 and the Companl8s Act 2006. Foyle Women's Ald meets the detinillon of a publlc benelit enllly under FRS 102. Assets and Ilablli118S ale Inlllally recognlsed ai hlslorlcal cost or Iransactlon value unle55 01heIse stated In the relevant accounllng policy nolelsl. aolng concevn There are no malerlal uncerlaSnlles aboul the charlty's ab'lily lo contlnue. Consolldatlon The financial siaiemenls con8ol+Jala the rèsults ol th8 charlty and Ils wholly owned subgldlaiy on 8 Ilna-by-llne baglg. Tho subsldiary company is detallgd below. Sub$ldlary Name Company Numb•r Charlty Reglslratlon Number Non.charily Parent Cornpany Conlrol Avgrt Enterprises Llmited N1603937 100°/o Shareholder In¢om8 All incom8 Is included In Ihe slatemenl ol finan¢lal a¢tivllies when enli118m8nl has passed lo the charliy, 11 is probable that the economlc benefits assoclaled wllh the Iransactlon wlll flow to the charity and the amount can be r8llably measured. Income represenls Ihe toial value of gfants recelved and receivable as w811 as Olher Income arfslng from olhef operatlng and fundraising acllvities during the year. Income from government and Olher giants, whether 'c8pllal' gran18 or 'revenue' grants, 18 recognlsed when the chaflty has entillem8nt lo tho lunds, any performance condilions attached Io the grants have been mel, it Is probable that Ihe Income will be re1Ved and the amount can be measuied reliably and is not deferred Intara81 racolvobl• Interest on lundÈ hald on dopo81118 Includèd whon rèeelvablo and tho amount can be mea8urod rèllably by ihe charity,. this is normally upon nollficalion of the inl8r8s1 paicl or payable by the 8ank. Pago 20
Foyle Women's Ald company Ilmlted by guarontoe Noles lo Ihe Ilnanclal 918t8ments (conllnued) Yo8r 8nded 31 March 2023 Expendlture Expenditure Is recognised on an accruals basis as a Ilabillly is incurigd. Sorne expenditure Includes any VAT whlch cannot be lully recovered. and 18 classllled under headlngs of the statement ol Ilnanclal acllvilies lo which It relales- exp8ndilure on Yal$lng lunds includos the costs of all lundralsing activllies, events and non.charilable tradin9 aclivitios. expenditure on ¢harllable actlviles Includes all costs incurred by a charlly in und8rtaklng acllvllies that further ils ¢haillable alms lor tho banefll of 118 baneflciarles, Includlng those support costs and costs relaling lo the governance ol the charlly apportloned to charilablg acllvlties. other expenditure Includes all expendllure the41 is nelthar Yelated to ral$ing funds for the charlty nor part of its expendiliire on chariiable aclivili8s. All costs are allocaled 10 expenditure catogor188 rellecllng the use ol the resource. Dlrecl costs attributable lo a singl8 aclivily ar8 allocated dlreclly lo that activity. Shared costs are apportioned between the acllvlties thgy contribute lo on a reasonable, lustiflable and conslslenl basls. T•xatlon During the cufrenl year the Company has only bean Involved In eharii8bl8 acllvltles In lurtheranca ol ils charitable objecls and is not liable lo Income Tax or CorForalion Tax, Tanglble 889818 Tangible assets are Inltlally recorded al cost, and are subsequently staled al cost less any accumulaled depre¢latlon and impalrment losses. Any tangible assets carried al revalued amounts are recorded at the lalr value at Ihe date ol revaluallon less any subsequent accumulated deprociallon and subsequent accvmulated Impalrmenl losses. Depr•clatlon Depreciation is calculated so as 10 write ott Ihe co81 or valuaiion ol an asset, bss Its resldual value, ovef the uselul economic lile of thal asset as follows,. Ollice oquipment Flttings fixtures and equipment 250 250 straight line stralght line If Ihere 18 an indlcallon Ihat Ihere has beèn a Slonllicant change in depre¢lalDn rata, Usèful Ilf8 or re8ldual value ol langlble assets, the depreclallon Is revl8ed prospeciively io rgflect the new esllmates. Impalrmant A review for indlcator$ of Impairment is carried out al each reporting date, with the r8coverabl8 amounl being esllmated where such indicalors exist. Where the Garrylng value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also r6vigw•d tor possible revarsal at gAch rgporting dat•. Pag• 21
Foyle Women's Ald Company Ilmlted by guaranieo Note$ lo the Ilnanclal 8tatoment8 (eonllnued) Year ended 31 March 2023 aov•rnment gr8nt$ Government grants are recognised al Ihe lair value ol the asset received or receivable. Graftts are not recognised until there is reasonable assurance that the company wlll comply with the ¢ondillons atlachlng to them and lh8 grants wlll be received, Government grants are recognised using the accrual model and the performance model. Under the accrual model, govemment grants relatlng lo revenue are recognised on a systemallc basls over Ihe periods in whlch the company recognises Iha related costs lor whlch Ihe grani is Intended to compensate. Grants that are receivable as compensation for expenses or losses already incurigd or lor the purpose ol gSvlng immediale financial support to the enlily wllh no lulure ielalgd costs are recognised In income In the period In which il becomes recelvable. Under the pallormance model. whgre the grant does not Impose specllied luture perlorman¢e-related conditions on the reCIpent, 11 is recognl$ed in income when Ihe grant proceeds are received or rèceivable. Where the grant does Impose specified lulur6 performance.relaled conditions on the recipienl, It 18 recagnSsed in Income only when th6 perlormance-relaled condillon8 have be6n met. Where gTanls received are prlor lo satislying the revenue recognition criterla. Ihey are recognised as a Ilablllty. Flnanclal In8truments A financial asset or a linancial liabillty Is recognised only when the company becomes a party to the eontraclual provislons of th6 insiryment. 8aslc linanclal instruments are initially recognised al the tfansaclion price, unle8s thé arrangemént constllules a Ilnancing tiansaclion, where 11 is recognised al the pr6$enl value ol the luture payments disGounled at a market ralè ol inleresl lor a simllar debt instrumanl. Employee ben•llt• When employees have rendor8d service to the company, short-ierm employee b&nelils to which the employées are entitled are r09n1$6d at the undiscouftled amouni èxpectèd to be pald in oxehango lor Ihal se¢vi¢e. Defined conlrlbutlon plans Contributions lo dellned contrlbullon plans are recognised as an gxpanse in the period In which tho relaled seryice is provided, Propaid conlribullons are recognSsed as an asset lo the extent that the prepayment will lead to a reduclion in future paymgnls or a cash refund. Llmiied by guarantee Foyle Women'8 Aid 1$ a registergd charlly Ilmited by ouaranle• without a Share capital. Nl Charity Commlssion Reference Numb8r'. NIC103223 Paga 22
FOyl8 Wom8n'g Ald Company Ilmlted by guaranto0 Notes to the flnan¢l81 statemenls (continued) Year gnd•d 31 March 2023 Fund$ Unreslrlcled Revenue Funds . comprise ihose revènue funds whlch the rnanagemenl committee ar8 tr88 to use In accordan¢8 wilh th8 company objèctives. Rèslrlct8d Rovenue Funds - compiise Ih08e revenue lunds which hav8 glven lor particular purposes and projects. Unrestricted Capital Funds - compriso ihoge net asseis which Ihe trust Is able lo apply ffeeiy in puisuil of its own charitable oble¢tlves and relaied puiposes, Flestrlcted Capltal Funds - comprlse those net as8ot$ which at the end ol th8 accouniing period have speclflc grant and other condillons reslricting elther thoir use or their dl8posabllity for deflned perfodB. Designated Fund8 - compri8e of unrestrfcted funds ot the charity which the trustees have declded at thelr dlscration to get aside to Use tor a $peclflc purpose. page 23
Foyle Woman'8 Ald Company Ilmii¢d by 9uaranie Notès to the flnanclal Statements {Gonllnued) Y•ar •ndod 31 Mareh 2023 5. Incom• Group A•8trlctad RpBlrlct8d Fund8 Fund8 2023 2022 Charlty Rostrletod Rè•trlet8d Ftsnds Fund8 2023 2022 Incomlng Irom chorltable actlvltle8 Grants NIHE.Supporting people grant NIHE-Housino benefit NIHE-Floating support oranl LandAid - FJC WHSCT BBC Children In Need Hèar her Voic Education Aulhoiity Victoria Homes . Childcare Enkalon Foundation HSC . Childcare Arnold Clarke . Community Fuiid P8NI - Community Ilvanl P8NI - Partner Support Worker (JSI Comlc Relief The Pathway Fund NIHE . Special Recognition Payment NIHE.Tenancy Programme Tampon Tax OFS Strangulallon Trainlng Comic Rellet Blg Night In Ca51i lor Kids 2020 The Clolhworkers FoundalSon Soulhall Black Slglers Project PIF (Provider Innovallon Fund) Steel Charllable Trust Kids oui UK 446,204 177,705 274,601 415,175 185,148 255,505 800,000 65,152 446,204 177.705 274,601 415,175 185,146 255,505 800.000 65,152 57,325 10,310 57,325 10,310 12,000 5,920 2,500 12,000 5,920 2,500 13,000 13,000 2,321 1 ,000 2,880 2,321 1,000 2,880 300 10,750 36,693 17,803 300 10,750 36,693 17,803 21,693 17,803 15,963 21,693 17,803 15,963 13,367 13,367 (10.0001 6,105 18,000 1,755 26,000 59.894 137,468 110,0001 6,105 18,000 1,755 26,000 59.894 137,468 4,375 4,37S 114.688 9,354 19,513 750 3,144 15,031 1,100 114,688 9,354 19,513 750 3,144 15,031 1.100 DFC All Slate Funding Land Aid PBNI - Perpetrator programme Covid 19 Funcllng 11,000 65,866 11,000 63,892 Service chargos Income Other incoma Total 9,187 10,879 1,246,079 11,254 550 2,130,950 9,187 10,879 1,246,079 11,254 550 2,128.976 Pao8 24
Foyle Women'8 Ald Company Ilmlled by guarnnte Not88 lo th8 Ilnanelal slateménts {conllnu8d) Year onded 31 March 2023 Group Re$trS¢ted R•strlcted Fund8 Fund8 2023 2022 Charlty Regtrlcied Re8trlcted Fund8 Fund$ 2023 2022 Income trom Donallons and L•gacles Donallons recelved Totsl 300 300 412 300 300 412 Invo3tmenl Income Bank Interest reGeived Total 12 12 12 12 Group Charlly Unrestrlctad Unre$trl¢t•d Unrastrl¢t•d Unreglrlcled Fund• FundB Fund8 Fundj 2023 2022 2023 2022 Incomlng Irom ¢harllablo acllvltl•• Other income 13,829 28,170 13,829 28,170 Gran15 NWDO.tampon tax P8NI - Perpelralor proofamme Dress for Success - Varlous ProiKIs NIHE - FJC All Slate Funding Land Aid Homeless Connect Power Nl - FJC opgning PSNI - FJC TWN 3,500 2,948 3,143 52,968 10,714 50,000 1,932 1,000 1,056 11.639 3,500 2.948 3,143 52,968 10.714 50,000 1,932 1,000 1,056 11,639 24,134 24,134 Total 152,729 152,729 52,304 Income liom Doh•tlon$ and Leg8c168 Donations received Total 25,821 21.404 21,404 25,821 25.821 20,334 Investmeni Income Bank inleresl received Total 161 161 paga 25
Foyle Womon'8 Ald Company Ilmlted by guarant Notes to the Iln8n¢lal glatement$ (contlnued) Year ended 31 March 2023 6. Exp8ndllur8 Group 2023 Group 2022 Charlty 2023 Charlty 2022 Expendlturo on Iradlng acllvllle• Commercial trading operations Expendilura on Commerclal tradlrYJ was £Nil {31 March 2022 - £11 ol which £NII131 MarGh 2022 £11 wa$ unreglrlcted and £Nil131 March 2022 . £NII) was reslrlcled. Expandlluro on charltablè acllvlllag Wages and $alarle8 Employer's socSal securlly contributions Stall pension - d8lined conlribution Stall training Employee expenses Grant8 payable HR support Recrullment expense8 Renl payab16 Rates Insurance Llghl and hoat Cleaning Aecommodallon misc expenses RepaSr8 and malntenance Printlng, postag8 and stationery Advertlslng & markellng Telephone Computer cosls Motor expenses Pathways gxpenses Cllenl exp8nse$ DFS expenses Travelling and entertainment Lègal and professional Bank charges Credlt card charges Bad debts 723,295 69,643 58,545 4,241 25.807 73,006 138 2,227 41,371 813 14,526 48,097 14,177 10,732 12,942 7,105 827 25,325 37,611 3,312 12,410 19,016 10,102 6.179 15,847 938 20 417 13.482 47.498 657,501 57,677 54,184 17,804 16,042 39,895 22.748 3,279 56,653 615 14,116 32,490 12.660 9,795 25,878 6.584 222 13,072 44,239 2,428 31,564 18.384 7,989 1,488 70,164 1.156 65 15,621 11,814 49,088 719,046 69,538 58,339 4,241 25,807 73,006 138 2,227 41,371 813 14,526 48,097 14.177 10,732 12,942 7,105 827 25,325 38,959 3,312 12,410 19,016 10,102 6,179 15.847 746 20 417 12,881 47.498 650,772 S7.569 53,904 17,804 16,042 39,895 22,746 3,279 56,653 815 14,116 32,490 12.660 9,795 25,878 6,584 222 13,072 43,609 2,426 31,564 18,384 7,989 1,488 70,184 621 65 15.621 11.814 48.768 Subgorlptlone Dgproclallon ol tanglblo ass8ls Loss on disposal ol ianglble assets Bank interest pai¢J Total 19.127 1,318,776 17,776 1,31 2,987 19,127 1,312,771 17,768 1,304,377 Paga 26
Foyle Women's Ald Company Ilmlted by gu8rant¢e Not•8 to Ihe Ilnanclal 918t8men19 (conllnued) Year onded 31 Mar¢h 2023 Expendltur8 on chari18ble actlvlties was £1,318,776 12022 £1,312,987) d which £68,833 was unrestriclad (2022 . £64,319) and £1,249.943 restrlcled12022 . £1,248.668>. Expendllur• Group 2023 Group 2022 Chirlty 2023 Charlty 2022 Exp•ndlture on ialalng tund8 Ac¢ounlancy lees Audllors reffluneralion Bookkeeplng servlces Interest on overdue iaxallon Total 3,540 8,843 5,112 6,940 5.819 3,540 7,140 3,348 6,940 5.814 16.102 Expendlture on raiglng funds was £12,38312022 . £17,871) ot whlch a credlt 01 £269 was unrestricted (2022 . £1,194) and £12,652 restricted {2022 - £16,677). Operallng Income Group 2023 Group 2022 Charlty 2023 Charlty 2022 Depreciation ol tangible assets Fee$ payable lor lh8 audit ol the IlnanGial slatements 47,498 49,088 47,498 48,768 8.843 6,940 7,140 6,940 Paga 27
Foy18 Women'8 Ald Company Ilmlt8d by guaranle• Notes to Ihe Ilnan¢lal statements (conllnued) Y•ar ended 31 March 2023 Staff ¢osls The average number ol persons employed by th• charity eompany during tho yéar, In¢luding the trustees was 2812022: 271. The aggregale payroll costs Incurred during Ihe year were.. Year nded Year endod 2023 2022 Wages and salarles Soclal securily cosig Olher pension cosls 723,295 69,643 58,545 657,501 57,677 54,184 8S1,483 769,362 One employee ttad employee benelils totalllng between £60,000 and £70,000 (2022 one between £50.000 and £60,000) The charity Iruslees were not paid or recelved any other benalils frorn employment with the company In Ihe year, nellher were Ihey re-lmbursed expensas durirrfd tho year. No charity Iruslee received payment for prolossional or otlwr servlces supplied lo th8 charity. The key managemeni personnel ol the charity company ¢omprise Ihe Trustees, the Chiel F.xeculive and the Flnanclal Controller. The lolal employee benelils ol the key managempnt personnel of the company were £134,058 for tho year to 31 MarGh 202312020., £126,645) Page 28
Foyle Women'8 Ald Company Ilmlted by guarante• Notes to Ihe Ilnanclal Stalements (conllnued) Year endod 31 March 2023 10 Avort Ent•rprl$o$ Umlted The wholly owned subsldiary Avert Enlefprlses Llmlted is incorporated in Northern Ireland (company number N16039371. Avert Enteiprises Limited is involved In projecls or servlces lo provide Irainln9 and Iherapy services complimentary lo the charltable objects ol its parent charity, Foyle Women's Aid. A summary of Ihe Ilnanclal re$ulls Is shown below, The summary linancial parforrnance ol the subsldiary alon81s.' 2023 2022 InGome Expendllura 3,044 {tO,376} {7,7091 Nei (outgolng} rg•ourc•• lor lh• yg8r <7,7091 17,3321 The assels and Ilatsllllles ol the subsidiary wer8: Fixed assets Curr8ni Assels Cltrrenl Ilabililies Long ierm liabllllies Not 8•88191(114bllltle•} 36.537 146,896) 22,335 (24,9851 (10,3591 12,6501 Tolal Company Funds 110,3591 12,6501 Pag8 29
Foyl? Women's Ald ¢ompBny Ilmlled by guarantee Not•$ to the Ilngnclo191018menls (conllnuod) Year ended 31 March 2023 11. Tanglblo a$$•t8 - Group Freehold and Offlce Fixturès & leasehob Equlpm'i fltlings properties Motor Vehicles PrDP8rty Total Ilxtures & flttings Cost At 1 Aprll 2022 Addlllons 2,892,536 94,241 308,872 127,830 28,794 8,931 3,333,374 127,830 At 31 M#rch 2023 2,892.536 94,241 436,702 28,794 8.931 3,461,204 Depraclatlon At 1 Apill 2022 Charge lor tho year 440,064 76.568 258,718 31,910 8,033 683 5.519 S,759 7,292 1,113 788,181 47,498 Al 31 Mar¢h 2023 471,974 84,601 259,401 11,278 8,405 835.659 Carrylng amount At 31 Maich 2023 2,420,562 9,640 177,301 17,518 526 2,625,545 At 31 March 2022 2,452,472 17,673 60,154 23,275 1,639 2,545.214 11. Tonglblo as$elB. Charlty Freehold atKI Olllco Fixlures, leasehokl Equipment fltting$ and prop8rtie8 equipment Motor vehicles Property fixture$ & fillings TOI•1 Co•t Al 1 April 2022 Additlons 2,892,536 94,241 305,430 127,830 28,794 8.931 3,329,932 127,830 At 31 MaiGh 2023 2,892,536 94,241 433,260 28,794 8,931 3,457,762 Depreclallon At 1 Aprll 2022 Charge lor the year At 31 March 2023 440.064 31,910 76,568 8.033 255,276 683 5,519 5,759 7,292 784,719 47,498 471,974 84,601 255.959 11,278 8,405 832,217 C•rrylng amount At 31 March 2023 2,420.562 9,640 177,301 17,516 526 2,625,545 At 31 March 2022 2,452,472 17,873 50,154 23,275 1,639 2,545,213 Page 30
Foylo Women'a Ald Company Iimlted by guarant80 Notes to the flnancl81 atatoments (contlnuad) Year ended 31 March 2023 12. Inveslment8 The charity holds 34,001 ordlnary shares of £1 ea¢h In the wholly owned SL3bsldSary Avert Enlerpflses Llmlled. These are the only shares allolled, called up and lully pald. This sub51dlary company 18 incorporalod in Northern Ireland. The Ilnancial results lor Ihls company aro summarlsed in note 10. 13. Deblor8 Group 2023 Charlty 2023 2022 2022 Trade deblors Prepayments and accrued Income Other debtors 71,403 11,862 96,790 9,696 12,151 176,491 71,403 11.862 133.173 9,696 12,151 198,182 179,855 198,338 216,238 220.029 14. Cr•dltor8: amoun18 tailing duawllhln ono 1 Group 2023 Charlty 2023 2022 2022 Bank loans and overdrafts Trade credllors Accfuals and deferred income Social securlty and other taxes Other creditors 41,405 12,619 41,745 8,390 24,162 39,315 2,393 69,594 16,285 16,501 41,405 12,619 40,042 14.723 25,150 39,315 2,392 66,618 19,862 17,253 128.321 144,088 133,939 145,440 15. Crodltor8: amoun18 lalllng du• after more than on• y••r Group 2023 Charlly 2023 2022 2022 Other creditors 387.023 309,074 387.022 309,074 387,023 309.074 387,022 309,074 16. Employ0• b8n•lll8 D•tlned oonirlbyllon plans The amount recogni$èd in prolii or10$8 In relalion to dellned contrlbullon plans was £58,54512022: £54.1841, Pago 31
Foyle Women's Ald Company Ilmlted by guaran1¢ Noleg 10 Ih? Ilnanclal $18iements (¢ontlnued) Year ended 31 March 2023 17. Analy818 ot charltable lund8 At 1 Aprll Incomlng Aeaources Tranglorg 2022 R080urce8 Expended At31 March 2023 An•ly81• ot movamonto In group unr•8irlctod fund8 General Fund Deslgnaled Fund 840,943 130,600 178,710 (68,5641 951,089 130,600 971,S43 178,710 (68,5641 1,081,689 Analy$l$ ot mov•menl$ In Gharlty unr•strl¢ted lund8 General Fund Designated Fund 877,593 178,710 130,600 {80,8561 995,447 130,600 1,008,193 178,710 160,856) 1,126,047 Analy818 of movomont8 In group r08trlol•d fund$ Reslricled Fund Reslricled Capital Fund 236,498 1,246,391 11,262.5951 1,330,067 220,294 1,330,067 1,566,565 1,246,391 {1,262,5951 1,550.361 Analy91$ ol movemen18 In charlty restrlcted funds Reslrlcted Fund8 Reslficlgd Fund Reslriclod Caplial Funds 236,498 1,246.391 11,262,595) 1,330.067 220,294 1,330,067 Tolal Charlty Reglrlcted Funds 1,566,565 1,246,391 1,262,595 1,550,381 Pagé 32
Foylo Women'8 Ald Company Ilmlted by guarante? Noies to the Ilnanclol stat8monts (contlnuedl Year endad 31 March 2023 16. Net Assot8 by Fund3 . Group Unrejtrlciod Rgstrlciod Reslrlciod Total Fund8 Fund8 Capllal Funds 2023 To181 2022 Tangible asset8 1,295,478 Current assels 301,554 Creditors.. due withln one year 1128,3211 Creditors: due more than one year 1387,023) Net a88818 1,081,688 1.330,067 2,625,545 2,545,213 521.B48 446,057 1128.321) (144,0881 {387,023> 1309,0741 220.294 220,294 1,330,087 2,eh32,049 2,538,108 19. Analy81$ oi ch8ngo$ In nel dobl Group ¢hongo8 In ¢a$h and ¢a8h aqulvalent8 At 1 April Cash flow$ At 31 March 2022 2023 Cash and cash gqulvalenls 247,719 94,274 341,993 Charlty chang08 In ca8h and ¢a•h equlv8l•nl8 Al 1 Apiil Cash Ilow$ At 31 March 2022 2023 Cash and cash equlvalents 230,030 91,556 321,586 Contlngenl 888et8 and11gbllltlè# Ouring the years ended 31 st March 2018, 2019 and 2020, Foyle Women's Ald has incurred addillonal salary costs in pursuit ol Its overall charitablp objecliv8s which are included in ihe accounts as a charllab19 aclivllles expense. Thg Gharily has made certain efliclencies in ils operallons Sn Ihe current year lo ab8crb these ongoing Costs. However, these hlBlorl¢al cost8 are lo be grant lunded by one ol the Company's main lunders, bul Ihe Ilming ol Iho re¢oipl ol Ih08e Incomlng resources Is nol Gertaln and outside the conlrol ol the charlly, PAg• 99
Foyle Wornen's Ald
ompany Ilmlled by 9uaranie•
Noles to Ihe Ilnanclal sialemenls (coniinued)
Year onded 31 March 2023
21.
Related party tranaaollons
During the year the parenl company enlgred Into the tollowlng transactions wlth rola18d partle8'.
Tran88cllon value
2023
Balance owed byl