Charity Registration No. 103257 Company Registration No. NI042845 (Northern Ireland)
IMPACT NETWORK (in Communities) NI
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Prepared by Stephen White M.I.A.T.I
IMPACT NETWORK (in Communities) NI
CONTENTS
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustee report | 2 – 6 |
| Financial Activities | 7 - 9 |
| Accountants Report | 10 |
IMPACT NETWORK (in Communities) NI
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr S Bell |
|---|---|
| Mr D Richardson | |
| Mr D McAuley | |
| Mr R Williamson | |
| Mr J Greer | |
| Mrs J McCaughey | |
| Mr R Taylor | |
| Secretary | Mr D Richardson |
| Charity number | 103257 |
| Company number | NI042845 |
| Registered office | Unit 6-7 Arches House |
| 38-40 Main Street | |
| Randalstown | |
| Co Antrim | |
| BT41 3AB | |
| Auditor | S White ACS Ltd |
| 17 Kirkview Close | |
| Ballymoney | |
| BT53 6TJ |
IMPACT NETWORK (in Communities) NI
TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report and accounts for the year ended 31 March 2025. Registered Name of Charity: Impact Network in Communities NI Charity Number: 103257
Registered Office: Unit 6-7 Arches House, 38-40 Main Street, Randalstown, Co Antrim, BT41 3AB
Chairpersons Remarks
Impact Network NI, established in 2002, continues to provide a distinct and vital service — working in the community, for the community. Over the past year, our strong performance once again reflects the dedication and tireless efforts of our staff, who consistently go above and beyond to ensure that communities realise their full potential and maximise the benefits of the programmes we deliver.
We remain firmly committed to the core principles of community development. Our vision is one of vibrant, inclusive, articulate, and sustainable communities across Northern Ireland — communities that contribute to a prosperous, equitable, peaceful, and stable society for all.
Throughout the year, we have continued to build strong and meaningful relationships with local councils and statutory partners. These collaborations ensure that community needs are kept at the heart of local planning agendas, including through our active engagement with the Peace Plus Partnership. Impact Network NI is committed to being a dependable and responsive support system for those needs as they evolve.
We are deeply grateful to our funders, whose support has enabled us to grow and further develop our work. We also wish to extend sincere thanks to our many partners, collaborators, and supporters across the United Kingdom and the Republic of Ireland. Their solidarity and shared learning have enriched our work and strengthened our collective impact.
Most importantly, we recognise and commend the vital contributions of our member groups. Their work on the ground — addressing poverty, combatting loneliness, offering spaces for connection, and providing childcare and youth services — is inspiring. These everyday actions are the fabric that holds our communities together.
As Chairman, and on behalf of the Board of Directors, I am proud to commend the exceptional work of Impact Network NI. The increasing demand for our services reflects both our reach and the trust that communities place in us. We continue to expand our capacity to meet this need.
I also wish to thank my fellow Board members for their support and unwavering commitment. On behalf of the Board, I extend our deepest appreciation to the entire staff team. Their professionalism, adaptability, and quiet determination to serve are truly commendable.
Looking ahead, Impact Network NI is well positioned to continue leading, guiding, and supporting a diverse range of community organisations. We remain committed to ensuring that communities across Northern Ireland continue to benefit from our expertise, advocacy, and partnership working.
Sam Bell Chairperson
IMPACT NETWORK (in Communities) NI
TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and Performance
Impact Network NI have maintained a level of funded projects to enable the organisation to continue to support the community across Northern Ireland in various ways. We have adapted our way of working, since the global pandemic and connect in a hybrid way, engaging individuals and communities in the best suitable way. We do believe that face to face support helps to sustain and build communities in the best possible way.
IMPACT NETWORK (in Communities) NI
TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025
OBJECTIVES AND ACTIVITIES
Objectives and Aims
Impact Network NI meet community needs by determining and responding to key issues impacting on communities including health and wellbeing, suicide prevention, community development support, community transformation, peace and reconciliation programmes and inter-estate programmes are just a brief synopsis of the variety and reach the staff and organisation deliver on a daily basis. Since 2002, the Network has been recognised as the key community membership based organisation to drive forward community initiatives using a community development approach that engages and represents effectively across the sector. Impact Network NI has 350+ member groups and a management committee of 7 Directors.
Impact Network NI believes that effective responses to the issues are best achieved through working in partnership with all relevant community, voluntary, statutory and academic organisations and bodies. The trustees do not expect the activities to change significantly during the incoming year.
Public Benefit
Impact Network (in Communities) NI LTD meet and comply with all requirements of the Charities Act 2008 and have due regard to the public benefit guidance published by the Charity Commission for Northern Ireland.
Financial review
The main source of funding throughout the year was from grants. In calculating the required level of reserves the charity takes into account the risks of income and expenditure, the trustees believe it is beneficial to hold an amount in unrestricted funds to cover running costs for a period of nine months to enable the company to continue at its current level of activity.
Reserves policy
The trustees consider the Reserve Policy an important part of the internal financial management. It assists with strategic planning when reviewing new or potential projects/activities; informs the budget process and enables planning for a balanced budget or use of reserves; and it informs the budget and risk management process by identifying any uncertainty in future income streams. Reserves are reviewed in detail annually but also monitored throughout the year to assess any build up of reserves or unexpected depletion of these.
Operational Reserves are required to allow the organisation to continue to deliver its charitable objectives and seek alternative funding sources, should existing annual funding be restricted and to provide assurance against a risk of an unforeseen emergency or other unexpected need for funds. In addition, Operational Reserves provide the organisation with the ability to react to short term opportunities. In quantifying the level of Operational Reserves required, the level of net current assets and liabilities are compared to the average monthly expenditure. The risks associated with future income, grants and expenditure are also considered. As a result, the Trustees have determined in their last review that 9 months of the annual recurring expenditure are required as Operational Reserves.
IMPACT NETWORK (in Communities) NI
TRUSTEE REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025
Investment Policy and Objectives
Under the Memorandum and Articles of Association, the charity has the power to invest in any way the trustees wish.
Risk
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The charity constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. It is controlled by it's governing document.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr S Bell
Mr D Richardson Mr D McAuley Mr R Willamson Mr J Greer Mrs J McCaughey Mr R Taylor
Recruitment and appointment of new trustees
Impact Network (in Communities) NI openly invite all community members to put themselves forward for nomination of election to the charity. When a position becomes available the board of Trustees then undertake a skills audit of nominations and invite all potential trustees to meet the board before a decision of recruitment and appointment is made.
Organisational Structure
The board of trustees administers the charity. The board meets monthly, there are sub committees covering fund-raising, strategy and finance which meet regularly. A manager is appointed by the trustees to manage the daily operations of the charity. To facilitate effective operations, the manager has delegated authority, within the terms of delegation approved by the trustees, for operational matters.
Induction and training of new trustees
New Trustees undergo orientation to brief them on their legal obligations under charity law, the content of the Trust Deed, decision making processes, the business plan and the recent financial performance of the charity. During induction, they meet key members of staff and other Trustees. Trustees are encouraged to attend appropriate training events where these will facilitate the undertaking of their role.
Related Parties
There are no related parties within the charity.
S Bell
____ ________________
IMPACT NETWORK (in Communities) NI
STATEMENT OF TRUSTEES RESPONSBILITIES FOR THE YEAR ENDED 31 MARCH 2025
_____________
The trustees, who are also the directors of Impact Network NI for the purpose of company law, are responsible for preparing the Trustee Report and engaging Accountants to complete the financial statements in accordance with applicable law and United Kingdom Accounting Standards.
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
The trustees are responsible for keeping and providing the Accountant with adequate records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
IMPACT NETWORK NI LTD
RECEIPTS & PAYMENTS ACCOUNT
FOR YEAR ENDED 31st MARCH 2025
RECEIPTS
| HALIFAX DOJ ENKALON FOUNDATION LFT BIG LOTTERY DFA ANBC NIHE ASDA CHAMPION PROGRAMME COSTS PCSP MID & EAST ANTRIM GRANT ACCESS NI PHA INTEREST RECEIVED CONSULTANCY & MENTORING PAYMENTS HALIFAX DOJ ENKALON FOUNDATION LFT ANBC DFA EXPENDITURE ANBC PROGRAMME COSTS SALARIES RUNNING COSTS ACCOUNTANCY FEES ACCESS NI PROFESSIONAL FEES NIHE PCSP MID & EAST ANTRIM GRANT GREENISLAND & CARRICKFERGUS CLUSTER BANK CHARGES DEPRECIATION W/OFF |
£ 10,000.00 7,000.00 700.00 500.00 20,000.00 19,496.46 60,999.20 4,716.00 400.00 14,270.20 2,500.00 1,834.00 275,873.00 153.91 74,037.94 492,480.71 £ 4,620.63 7,000.00 700.00 500.00 1,080.00 19,488.93 30,750.73 146,196.24 152,183.29 21,680.12 1,525.00 1,894.00 2,366.26 4,716.00 2,500.00 1,252.11 257.85 492.00 399,203.16 |
|---|---|
£ 93,277.55
SURPLUS FOR THE YEAR
IMPACT NETWORK NI LTD
SCHEDULE OF FIXED ASSETS AS AT 31st MARCH 2025
£ PREMISES @ 45 MAIN STREET RANDALSTOWN 125,000.00 £ ADDITIONAL PAYMENT @ COST 20,000.00 £ 145,000.00 £ STRUCTURAL ALTERATIONS OF PREMISES @ COST 466,178.17 £ LESS DLUHC FUNDING 246,295.00 £ ANBC 189,883.17 GARFIELD £ £ £ WESTON 30,000.00 466,178.17 - £ LEASEHOLD IMPROVEMENTS AT 31/03/2024 2,871.00 £ £ LESS DEPRECIATION W/OFF 262.00 2,609.00 £ FIXTURES, FITTINGS & EQUIPMENT AT 31/03/24 2,297.00 £ £ LESS DEPRECIATION W/OFF 230.00 2,067.00 £ 149,676.00
IMPACT NETWORK NI LTD
STATEMENT OF ASSETS & LIABILITIES AS AT 31st MARCH 2025
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FIXED ASSETS
£
AS PER SCHEDULE 149,676.00
CURRENT ASSETS
£
DANSKE BANK 240,343.55
£
390,019.55
CURRENT LIABILITIES
£
ANBC FUNDING PREPAYMENT 60,116.83
£
NET ASSETS 329,902.72
CAPITAL & RESERVES
£
REVALUATION RESERVE 236,625.17
£ £
RECEIPTS & PAYMENTS ACCOUNT 93,277.55 329,902.72
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IMPACT NETWORK NI LTD
ACCOUNTANTS' REPORT
Accountants' report to Impact Network NI Ltd on the preparation of the accounts for the Year Ended 31st March 2025.
The enclosed Accounts for Impact Network NI Ltd have been prepared in accordance with applicable accounting standards, from the accounting records maintained by the charity and from information and explanations provided by the Trustees.
S White ACS Ltd
17 Kirkview Close
Ballymoney BT53 6TJ
3rd July 2025