North Belfast Altematives Limited (A company Limited by Guarantee, not having share capital) Unaudited annual report Year Ended 31 March 2024 Company No: N1049428 Charity No: XT181941 NIC103370
North Belfast Alternatives Limited Year Ended 31 March 2024 Table of Contents Page Company Infomialion Report of the Trustees 24 Report of the Independent Examiner Statemenl of Financial Activities Balance Sheet Notes to the Financial Statements 8-12
North Belfast Altematives Limited Year Ended 31 March 2024 Company Information Trustees The Trustees who served the charity during the period were as follows= Neil Jarman Lorraine Beard Moyra Wylie Secretary Moyra Wylie Registered Office 254-256 Ballysillan Road Belfast BT14 6RA Independent Examiner HMCI Limited Chartered Accountants & Registered Auditors 28-30 Old Mounffield Road Omagh Co. Tyrone BT79 7BJ Registered Charity No. XT18194 NIC103370 Registered Company No. N1049428
North Belfast Alternatives Limited Year Ended 31 March 2024 Report of the Trustees The trustees, who are also the directors for the purposes of company law, present their report and the financial statements for the year ended 31 March 2024. Structure, Governance & Management Governing Document The organisation is a private company limited by guarantee. incorporated in on 27th January 2004 and registered as a charity on 27th January 2004, charity number XT18194. The company was established by a Memorandum of Association and is governed under its Articles of Association. Recruitment and Appointment of Management Committee The directors of thè company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one yèar after which they must be re*lected at the next Annual General Meeting. Risk Management The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Organisational Structurès North Belfast Alternatives has a Management Committee who meet 6 times per year and are responsible ft)r the strategic direction and policy of the charity. At present the Committee has ten members from a variety of professional backgrounds relevant to the work of the charity. The secretsry also sits on the Cornmittee but has no voting rights. North Beast Alternatives falls under the umbrella of Northem Ireland Alternatives Ltd. Objectives and Activities The company's objectives and principle activities are to promote a non-violent restorative wmmunity response to justice issues in North Belfast. North Belfast Alternatives will identify needs, often in partnership with local communities and other voluntary and statutory bodies, relating to safety and conflict Wtthin communtties, and will attempt to heal rèlationships in a restorative way. At the same time. it hopes to raisè community awareness on the issues affecting young people and adults who are deemed at risk. The main objective5 and activities of the company are: To organise within the community non-violent alternatives to issues of community justice. To help and work with young people in order to resolve the problems affecting their lives. To direct young people away froTn destructive and dangerous practices and towards healthy and constructive activities. To enable young people to personally reflect on the potentially damaging consequences of risky behaviour. To address areas of weakness and failure within the formal criminal justice system. To heal relationships within the Community and to promote better relationships between the statutory agencies. To work towards a sustainable model of delivery for as much of the company's services as possible
North Belfast Alternatives Limited Year Ended 31 March 2024 Report of the Trustees (continued) Achievements and Performance Our achievements and performance over the past year have included 18 community relations programme with 124 people participating whilst 563 young people involved in youth intervention and prevention programmes alongside 1-2-1 support alongside family support, Detached Youth Work. NBA provided training and support to 93 volunteerslsocial connectors who participated in organised events such as Detached Youth Work in Ballysillan Park, Cavehill Country Park, Fun Days and Lantèrn Parade. NBA provided 148 people with crime prevention and community safety information sessions, mediations and furnished 243 people with safety items such as alarms, night lights and safety cans. 63 people accessed accredited training ranging from CSR Cards, OCN Level l Grass Roots Football. NBA continued to build, partnerships and share learning with 52 groups, 18 across North Belfast and continued lo support and deliver 1-2-1 support and mentoring and Introduction to Restorative Practices in schools such as Boys Model, Girls Model, Hazelwood, Glengormley Integrated, Loughshore. Ballysillan Primary School. Financial Review NBA successfully applied for small grants to run programmes and deliver essential packs to 80 families under extreme pressure due to cost of living, organised Summer Interventions which included a Summer Scheme with assistance from Belfast City Council £2,500 and engaged young people locally. Delivery and design of other programmes such as Ballysillan Lantern Parade supported by Belfast City Council £2,800 and was widely attended by local communities across Ballysillan and surrounding areas. Services North Belfast Alternatives deltvers a wide range of services for the public benefit, but all of them are underpinned by the prinGiples of restorative practice. In essence this involves the healing, repair of broken relationships to the individual. family and community relationships that lead to crime. anti-social behaviour and communtty conflict. Services available include.. Intensive Youth Support (for individuals), Family Support, Victim Support, Counselling. Preventionllntervention work with Young People. Mediation and Community Support on behalf of the Housing Executive and PSNI, Detached Youth Work, Schools Work across North Belfast both primary and secondary schools. delivèring training in restorative practicès to a wide school and communty base.. NBA works in partnership wilh 4 Neighbourhood Renewal Partnerships alongside statutory agencies, two Family Support Hubs in North Belfast and TEO Urban Villages.
North Belfast Alternatives Limited Year Ended 31 March 2024 Reportof the Trustees (continued) Directors, Responsibilities Company law requires the directors to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the charitable company and of its financial position at the end of that period. In preparing these financial statements, the directors are required to.. select suitable accounting policies and apply them consistently., makejudgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed subject to any departures disclosed and explained in the financial ststements-, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the ¢ompany will continue in business. The Directors have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and othemise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to 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. Statement of Disclosure of Infom)ation to Examiner So far as each ofthe DireGtors in office atthe date of approval of these financial statements are aware- There is no relevant information of which the examiner are unaware,. and They have taken all the steps they ought to have taken as Directors in order to make themselves aware of any relevant information and to establish that the examiner are aware of that infomation. Examiner In accordance with Article 382 of the Companies Act 2006, a resolution proposing that HMCI Limited be appointed as independent examiner of the company will be put to the Annual General Meeting. Registered office 252-256 Ballysillan Road Belfast BT4 6RB Signed by order of the trustees Tom Winstone Secretsry Date.. 1211212024
North Belfast Alternatives Limited Year Ended 31 March 2024 Independent Examinerfs Report To The Members of North BelfastAlternatives Limited We report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 6 to 12. RESPECTIVE RESPONSIBILITIES OFTRUSTEES AND EXAMINER As the charity trustees (and also the directors of the company for the purposes of company lawl you are responsible forthe preparation of the accounts in accordance with the requirements ofthe Companies Act2006. Having satisfied ourselves that the charty is not subject to audit under company law. and is eligible for independent examination, it is our responsibility to.. •examine the accounts under section 65 of the Charities Act. •follow the procedures laid down in the general Direotions given by the Charity Commission for Northern Ireland under section 65191(bl of the Charities Act- and •state whether particular matters have come to our attention. BASIS OF INDEPENDENT EXAMINER'S REPORT We have examined your charity accounts as required under section 65 ofthe Charities Act and our examination was carried oul in accordance with the general DireGtions given by the Charity Commission for Northem Ireland undersection 65(9)(b) ofthe Charities Act. The examination included a review of the accounting records kept by the charity and a comparison ofthe accounls presented with those records. It also included consideration ofany unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause lo believe.. That accounting records were not kept in accordance wtth section 386 of the Companies Act 2006- 2. That the accounts do not accord with those accounting records., 3. That the accounts do not comply with the accounting requirements of section 396 of the companies Act 2006 and with the rnethods and principles of the Charities Statement of recommended Practi applicable to charities preparing their accounts in accordanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland- 4. That there is further information needed for a proper understanding of the accounts to be reached. INDEPENDENT EXAMINER'S STATEMENT I can confirm that l am qualified to undertake the examination because l am a registered member of Chartered Accountants Ireland which is one ofthe listed bodies. I have completed my examination and have no concerns in respect of the matters11) to14) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Mr Rodney Hamill BSG FCA HMCI Limited TIA Hamill Mcllwaine 28-30 Old Mounffield Road Omagh BT79 7BJ Date: 1211212024
North Belfast Alternatives Limited Year Ended 31 March 2024 statement of Financial Activities (incorporating an income and expenditure account) Total Funds 2024 Total Funds 2023 Unrestricted Restricted Notes Income and endowments from: Donations and legacies Total Income and endowments 15,054 15,054 54,252 15,054 15,054 54,252 Expenditure on: Charitable Activities (36,832) (36.8 (36,832) (36,83 142,773) Total Expenditure (4 Net income l (expenditure) for the year Transfers between fijnds (22,0041 22,004 Net movement in funds 10 (22.004) 226 (21,778) 11,479 Reconciliation of funds: Total funds brought fOard Total Funds Carrièd Forward 22,004 9,416 ,642 31,420 9,64 19,941 All income derives from continuing adivities, therefore no statement of recognised gains or losses is given. The notes on pages 8 to 12 form part of these financial statements.
North Belfast Alternatives Limited Year Ended 31 March 2024 Balance Sheet as at 31 March 2024 Note 2024 2023 Fixed Assets Tangible assets Current Assets Cash at bank and in hand Debtors 992 992 9,050 20,445 10,383 30,828 9,050 Creditors.. amounts falling due wthin one year NET CURRENT ASSETS (400) (400} 8,650 30,428 NET ASSETS 9,642 31,420 Represented by.. Unrestricted Funds 11 22,004 9,416 31,420 Restricted Fund 9,642 9,642 For the year ended 31 March 2024 the company was entitled to exemption from audil under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for-. (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in a¢COrdan with the requirements of Sections 394 and 395 and which othetwise Comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. These financial ststements were approved by the members of the committee and authorised for issue on the 12th December 2024 and are signed on their behalf by.. Tom Winstone Secretary Company Registration Number.. N1049428 Charity Registration Number: XT181941 NIC103370 The notes on pages 8 to 12 form part of these financial ststements.
North Belfast Alternatives Limited Year Ended 31 March 2024 Notes to the Financial Statements 1 COMPANY INFORMATION North Belfast Alternatives Limited is an incorporated Gharity registered in Northem Ireland. with its offices located at, 254-256 Ballysillan Road, Beffast, BT19 1SH 6RA. 2 ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sourcès of estimation in the preparation of the financial statements are as follows: al Basis of preparation The financial ststements have been prepared in accordance with Accounting and Reporting by Chartties: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)- (Charities SORP {FRS 102), and the Companies Act 2006. b)Preparation ofthe accounts on a going concern basts Due to the level of reserves in place the trustees assess that the charity is a going GOnrn. c) Fund Accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtheran of the general objectives ofthe Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. General funds may be transferred to designated funds where Trustees wish to use these funds for a specific purpose. Such funds may be transferred back to general funds once the criteria for the designation have been met or arè no longer applicable. Restricted funds are funds which are to be used in accordan with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of restricted funds is set out in the notes to the financial statements. Restricted funds may only be transferred to general or designated funds once the criteria for reslriclion have been discharged or no longer apply. dl Income Recognition Policies Items of income are recognised and included in the accounts when all of the following Criteria are met-. The charity has entitlement to the funds., any performance conditions attached to the item of income has been met or are fully within the control of the charity. there is SLrfficient certainty that receipt of the income is considered probable,. and the amount can be measured reliably. e) Donated ServIS and facilities In accordan with the Charities SORP 2015 IFRS 1021, the general volunteertime of supporters is not recognised. fj Interest Receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is normally upon notification of the interest paid or payable by the Bank.
North Belfast Alternatives Limited Year Ended 31 March 2024 Notes to the Financial Statements {continued} 2ACCOUNTING POLICIES (continued) g) Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that sett]ement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: Expendtturè on charitable activities includes the promotion and development of music and activities undertaken to ftjrther the purposes of the charity and their associated support costs. hlcash at bank and in hand Cash at bank and cash in hand includes cash and shortterm highly liquid investments with a short maturity of three months or less from the date of acquisition or opening the deposit or similar account. i) Allocation of support costs Support costs are those functions that assist the work of the Charity but do not directly undertake charitable activities. Support costs include back office costs, finance. personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated to expenditure on charitable activities. j}Tangible Fixed Assets Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: Asset Category: Annual Rate Ftxtures & Fittings 2501. Straight Line The carrying values of tangible fixed assets are reviewed for impairment when events or GirGumstances indicate the carrying value may not be recoverable. kl Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discount due. l} Creditors and Provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially recognised at their settlemènt amount after allowing for any trade discounts due. m} Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instrumènts are initially recognised at transaction value and subsequenffy measured at their settlement value with the exception of bank loans which are subsequently measured at the carying value plus accrued interest less repayments. The financing charge to expenditure is at a constant rate calculated using the effective interest method. n)Taxation The company is a registered charity and the charitable tsx exernplions are therefore being claimed to the extent that income andlor gains are applicable and applied to charttable purposes only. These exemptions will remain in place as long as income and expenditure is applied to charitable purposes only.
North Belfast Alternatives Limited Year Ended 31 March 2024 Notes to the Financial Statements (continued) 3 Income from Donations and Legacies Unrestricted Restricted 2024 2023 Belfast City Council Urban Village Other grants Ulster University National Lottery Nl Altematives Community Foundation Alex Ferry Foundation TWN 5,300 915 5,714 5,300 915 5,714 4.980 4,870 6,285 10,000 6.320 9,735 1,687 6,075 4,300 54.25 3,125 5,054 3,125 15,05 4 Costs of Charitable Activities by Fund Type Unrestricted Restricted Total funds 2024 Total funds 2023 Charitsble activities 36,832 36,832 42,773 ,832 ,832 ,773 5 Results forthe year The results for the year has been arrived at after charging the following.. 2024 2023 Depreciation 2,490 10
North Belfast Alternatives Limited Year Ended 31 March 2024 Notes to the Financial Statements (continued) 6 Analysis of staff costs". No salaries or wages have been paid to employees, including the members ofthe committee. during the period. 7 Related Party Transactions During the period North Belfast Alternatives Ltd entered into transactions with Northern Ireland Altematives Ltd, a related paty. Amounts due to Nl Altematives Limited at the start of the year had been forgwen and recognised in the Income and Expendtture by increasing the current year Program Costs. At the Balance sheet date the balance owed was £Nil {2023'. £10.383}. None of the trustees receive remuneration or other benefit from their work with the charity. 8 Tangible Fixed Assets Fixtures & fittings Total As at 1 April 2023 Additions 17,824 17,824 17,824 17,824 Depreciation As at 1 April 2023 Charge for the year 16,832 16,832 16,832 16.832 Net Book Value As at 31 March 2024 992 992 As at 31 March 2023 992 992 9 Creditors: amounts falling due within one year 2024 2023 Accrual 400 400 10 Analysis of movements in funds Opening balance Incorning resources Resources expended Transfer Total funds at between 31 March funds 2024 General fund Restricted fund 22,004 9.416 (22,004) 22.004 15,054 136.832) 9,642
North Belfast Alternatives Limited Year Ended 31 March 2024 Note5 to the Financial Statements (continued) 11 Analysis of net assets between funds Tangible Fixed Assets Net Current Assets Totsl Restricted Funds Total 992 992 8,650 8,650 9,642 9.642 12
North Belfast Alternatives Limited Year Ended 31 March 2024 Management Information The following pages do not form part of the statutory financial ststements which are the subject of the independent exarninerfs report on page 5. 13
North Belfast Alternatives Limited Year Ended 31 March 2024 Detailed Statement of Financial Activities INCOMING RESOURCES 2024 2023 Urban Ifillage N.1. Alternatives Belfast City Council NBWISP other Grants Community Foundation TWN Alex Ferry Foundation National Lottery Community Fund YALF- BCF Room hire Bus hire University of Ulster Lantern Parade 915 4,870 9,735 4,980 2.500 2,424 2,572 6,285 1.687 4,300 6,075 6,320 700 1,300 1,843 10.000 2,800 Total Income 15,054 54,252 EXPENDITURE CHARITABLE ACTIVITES Accountancy Programme costs" Depreciation DonatiOnSra[ninglvo1Unteer expenses Renurates Bank fees Office supplies Travel Sundry 400 26,077 2,490 27,121 95 4,944 253 397 4,022 10,226 238 605 2,487 250 TOTAL EXPENDrruRE 36,832 42.773 NET IOUTGOING)IINCOMING RESOURCES FOR THE YEAR 121,7781 11.479 'Programme costs have been adjusted for the removal of a related party balance of£10.383 in the year. 14