REGISTERED COMPANY NUMBER: N1042975 (Nibrthern Ireland) REGISTERED CHARITY NUMBER: N1042975 Report of the Trustees and Unaudlted Flnancfftal Statement$ for the YeAr Ended 31 MA Yeh 2024 ror THE CITHRAH FOUNDATIOIY M.B.McGrady & Co Chartei'ed Accoiintanls Rathmore House 52 St Patricks Avenue Downpatrick Co. Down BT30 6DS
THE CITHRAH fiOUNDATION Chairman's Report roR THE YEAR ENDED 31 MARCH 2024 We submit this to you, oiir suppoitei's, in celebi'ation of another yeRI' of quality service to our service users from the Cithrah Foundation in the year April 2023 - March 2024. Despite the challenges presenled by lack of funding we have accomplished much through our various projects which included Persoiial Couiiselliiig, Support Services, Advice and Benefits, refuge through Selah Accornmodation. Resetllemei)t Support, volunteei. i'eci'uilment. Dome51i¢ Abuse awareiiess aiid tt'aiiiing aiid the many personal development pi'ojects that rail Ihi'oughoul the year. l am pleased to advise of the continued momeiitum of The Cilhrah Foundation dui'ing the f15cal year, as follows. In Jun¢ 2022 we moved from North Street to bigger premises in the Decourcy Centre consisting of three offices and a large li'aining area. The new pi'emtses is now staffed wilh three fulllime staff and funding provided by the Tudor Tiust. Halifax, aiid Supportiiig People, NIHE and contributions froni oui. faithful donors. With more l'ooms available we were able to achieve our goa15 froni last year by expanding our counsellii)g voluiiteer team. lil the past yeai. have managed lo secure the voluntary services of tkn'ee students who have completed their counselling trainiiig with us. We al'e gi'ateful for theii. comimitment and dedication to oui. service users as they provide a service iii linies of crisis which niay iiot be available to them due to shortages in i'esources and availability thiough other funded agencies. We would also like to thank the voluiiteer counsellors and slaff who have been supporting the coui)selling sei'vice foi. many years wilh theii. time and skills. without their input aiid supervision of the students we would not be able lo provide this seivice oi. expand it to support the need. We have also been able to hire out our office to Nexus who also provide counselling for clients who have experienced sexual abuse. We have a high demand for the advice and benefits service and have facilitated the training of oui- staff and voluiiteers to incoi'poi'ate housing rItS. Our service has now expanded to two 11 days and on occasioiis a third half day due lo deniand. We are i)ow facilitating an appoiiitments-based system only due to extensive pressure on our volunteers. We intend lo seek funding in the coming year to facilitate at least one full time advice and benefits position to help with the demand of appointments and to lead an extended tean) of volunteers for this service. We plan to explore the provision of liousing cliiiics and outreach days in the community lo allow for queries and queslioiis. With the return to on-site work, oui. support services provide face to face Support, signposting, and opporfvnities to engage in social activities. The projects side of our support service is a much-needed resource in a lime when lockdown lias produced social anxieties and isolatioii. Altl)ough i)ecessary for the liealili and safety of all we as an organisation do not wish this lo beconie the nonn. Tlie staff and volunteers have provided opportunilies for indoor and outdoor aclivilies Ilirough arl, gardening, wellbeing courses and are committed to providing OpponItieS lo discover new lalenls and gain new skills. We have seen great results and al'e encouraged by the responses of Qui. service users. W¢ are grat¢fi]I to the nders who l)ave facilitated Ilie projects tl)rough the provision of equipmenl aiid finances. Funders include the Halifax, Tlie Tudor Tnjst, HSC PHA Clear Project, Carrickfergus Vineyard, Baby Basics- The United Parish. We Iiave lield &everal fuiidraising events this year including a quiz including an auction at Christmastime, an Easter raffle and also a quiz to support JVC iii their mission to India to successfully release eight woinen from human trafficking. All events weiit well and a significant amount of money was raised at each. Selali lias remained busy with an o¢¢upaii¢y of 930/• this year aiid tlie staff work tirel¢ssly to relocate th¢ residents to their pennanenl homes. However, lack of social liousing is changing the stay limes within the refiige and the board has beei) coiisiderii)g Ilie iieed to expand oiii. i'efuge services and will coiitiiiue lo explore tliis in the months ahead. Also a considei'able ainounl of work wetit into immigration Iraiiiing and working witli Ilie Home Office due lo the nationality of OLir i'esidenls. The access lo larger looms means that we can also accommodate Selah workshops and training without tlie hire of preinises froin outside soui'ces, slreainliniiig oiii. sei'vtces and i'educing the costs for l'oom hii'e foi. the refuge. We are looking forward to the refiirbishment of Iliis facility in the comiiig yeai. with the addilioii of two more offices aiid a ti'ainiiig room.
THE CITHRAH FOUNDATION Chairman's Report FOR THE YEAR ENDED 31 MARCH 2024 In i'eview of the stralegic plan, we have achieved some of our intentions such as building i'elationships with oiher charities, churches and community oi'ganisations. The allolment continues lo do well and is used by many of our service users. The new logo has been completed and is now in use a¢ross our documentation. The website lias also been ompleted and continues to be developed. Signage has also been erected on the exterior of our buildkng, highlighting our presence and service available in our local community. There are exciting times ahead with th¢ i)ew business plan incorporating the strategy to expand our business iii several ways to fa¢ilitat¢ the needs of our commui)ity aiid by formalising our commitment to the support of males and their families with the developmeiit of the male refvge steei'iiig gi'oiip. This year we have identified the lack of sei'vices foi. males. We are committed to providiiig a therapeutic support service which is client led and to i'aise an awareiiess of the lack of services for men aiid boys. Brian liwam OBE - Chairnian
THE CITHRAH FOUNDATION Report of the Tru$tees FOR THE YEAR ENDED 31 MARCH 2024 The tSteeS who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial stalemeiits of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charili¢s.' Statement of Recommended Pracli¢e applicable to charities preparffing tlieir accounts iii accoi-dance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effective l Jaiiuary 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The purpose of the charity is to provide a safe place for men, women and children, empowering freedom from domeslic abuse. Fleeing fiom a dangerous and painful relalionship is a lifesaving need foi. some families and we offer a safe place to gather their thoughts and grow in confidence with support and services tailored to the iiidividual's need. We also give advice and infonnatioji for welfare i'ighis. housing and debt maiiageineiit signpostiiig in the conununity. This can maximize income and impiove housiiig opporttliiities as well as improve the health and environment of the ¢lient in a pi'aclical way. We assist with forn, benefit appeals and give geiieral holistic advice inclusive of signposting to specialist help when iiecessary. We are committed to no hann resulting from this pui'pose. The benefits are for all persons who use our services. Every clienl we work wilh impacts on their community in a positive way in whichever community area they live in and their families aiid children. This is evident by the continued development of Cithi'ah Services and expansion of oui. services based on Ihe demand fi'om oui. commui)ity. We are in coiisuliation with Goveillment lo meet the iieeds of males with aiid without chtldreii in the forn] of a refuge. We are committed lo providing a secui'e and suppoi'ted sei'vice foT individuals fleeiiig domesli¢ abuse. We endeavoui. lo iiurture the development of individual capabilities, competences, skills and understanding. Our staff aiid volunteers take part in awai'eness i'aising in group presentations. attend community events, access training foi. staff, volunteers, and service users. Our counselling, supporl, and advice services deal with the impact domestic abuse has on the pei'son. fimily and commuiiity. ACHIEVEMENT AND PERFORMANCE Charltable activltles See Chainnan's Remarks Government leglslalion requires the Good Governance of our chaiity and with that in mind we are commiltee lo developii)g the boai'd by add new members who meet the skills requii'ed to execute our strategic plaii aiid develop the business. Working together we report, aiialy5is, review, and record outcomes to improv¢ best practices. A new refuge steering group l)lls beeii developed and has met for the past year in a bid to open tlie first refuge specific lo homelessness caused by Domestic Abuse whicli will house males and their families as well as feinales. We have made great progress aiid business case has been wi'itten. Phase one of our sti'ategic plan l)as been completed atid a site for the refuge has been idenlified. En partnership with Alpl)a Housing Associalion, we will be proposing an apartment block which will accomniodale twelve families with outdoor facilities, slaff offices and parking. Negotiations are now taking place to purchase Iliis land and pursue conipletioi) by 2025. This year we l)llve updated our use of technology Iliroughout the company giving instant access and cloud storage to policies, procedures aiid compaiiy documeiits lo all staff aiid voluiiteers. Usii)g SliarePoiiit and Irainii)g staff in this l)as streamlined paperwork and efficiency across Ihe organisalion.
THE CITHRAH FOUNDATION Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMEIYT AND PERFORMANCE Internal and externAI fAeÉor$ The main risk we have is financial, as each apartment in Selah must be paid for ¢v¢n if empty. The unceitainty of occupation due lo tlie cii'cumstances on which ci'iteria is mel can leave apai'lments unexpectedly vacant. In comparison there are limes when the wailing list of refeii'als can be extensive due to maximum occupation. Accommodation for some of the referrals has been problematic as access tu public r¢¢ours¢ has meant that these referrals have not met crit¢i'ia and have been turned down. With the development of the 'Comforl Fund, and the 'Eniergency Fund, tor Selllh Accommodation we have been able lo help those refen'als making pi'ovision to them on a shoi't-tenn basis. This has Continued and has met many difficulties and needs of clients we do this as this support is not provided foi. by Supporting People. The management aiid slaff of the service are awai'e of the challeiige created by the l'ent and work tirelessly to make sure that voids are minimal. We are commitl¢d to coiilact and partner with other small organizalions and develop networks for referral particularly other domeslic and sexual abuse services. Staff ¢hanges and shortages are another r&sk' we have had to manage to best meet the needs of the clients and the seivices. We have woi'ked with Supporting People lo maiiage this rAsk and to addi-ess the impa¢t on the resideiits the service and the staff. We have a team of staff who work togethei. well, and the staff absence levels have fallen to minimal levels due to the provision of job share and part-time positions. Oui. commilmeiit to employee developmeiil aiid increased training has given us an advaiilage in this area. We are committed to continuously, identifying and moiiiloring risks and putting effective coiitrols in place to miligafr them, and discuss chaiige aIid performance improvement with the HR Sub-committee, staff, and volunleers. FINANCIAL REI Vlfi W Flnaneial posÉtÉon In shaping oui. objectives for Ihe year aiid plaiining our activities. the board have considered the Charity Commission's guidance on public benefit, including the guidance 'Public benefit.. running a chai'ity (PB2)'. To pay for the core costs of Inning the organisation we rely on fvnders and fundraising. We have taken iiito consideratioii the increased pres5u1.es on fuiiders and undei'5tand that i'esilience ai)d sustaii)ability iieeds to be a priority for the fU1'e ndIng of any chai-Éty. We are grateful to the renewal of thnding from the Tudor Trust aiid the Halifax for the next three years aiid are ptsi'suing other avenues. Prin¢ipJl fundlng sources The safe house "Selah" is fuiided by Supporting People, Nl Housing Executive, doiiations and fund raising. The rents are paid by the i'esidenls either froin thetr ow) income or Housiiig Benefit. Supportiiig People did increase the wages foi. the staff foi. the fii'st lime since 2015 by 5.2 %. Howevei., due lo tlie increase in the cost of liviiig we have tasked the Operations Maiiager lo fiiid match fuiidiiig to improve Ihe wages and pensioiis coiitributions for all staff. The boai'd will be monitoriiig the salaries and the Operations Manager will conliiiue to belichmai'k against the sector averages in November of each year. Reserves policy The reserves sectioii has been designed lo recognise Ciihrah's i'equtremeiils for reserves coiisidering the main risks lo the organisation. It has established this se¢tiot) wliereby tlie uni'estri¢l¢d thnds not committed should equate to 8 weeks total resources expeiided. The aim is lo provide sutficieiit funds to covei. ai)y unforeseeii costs which may arise, recogi)ise Ilie volatile fundiT]g environmeiit as well as allowing for the paymeiil of any liabilities which would arise should the company cease to operate. Any call upon the use of reserves will be al the approval of the Finaiice Sub-comniittee whicli will examine the ralioiiale for doiiig so and agree ali ainoui)t wl)ere appropi'iate. As al 3 1st March 2024, the total funds were £156,913. an iiicrease of £1,985 011 tlie previous yeai.. Overall, for tlie year ended 31 Inarcli 2024 and coniprffising unrestricted fuiids of £56,505, desigiiated funds of £8,800 and restricted ndS of £91,608. Going concern Tlie direclors believe Ilial tlie charity will continue as a going concern. Funders have sliowii Ilien)selves lo be supportive, flexible aiid adaplive to the current SiatiO]I whicli is ali iiivaluable l)elp to tlie Cithrah Foui)datioii. Tlie organisalion contiiiues to work in parlnei'sliip with govenlmeiit bodies ai)d agencies to develop a longer term strategy lo support victims of donieslic violeiice.
THE CITHRAH FOUNDATION Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charily is conti'olled by its governing document, a deed of trust, and constitutes a limited company. limited by guai'antee, as defined by the Companies Act 2006. The Cithrah Foundation is a company limited by guarantee wilh charilable status granted by the Charity Con)mission for Northern Ireland. It is goveined by tts Memorandum and Articles of Association. In a¢coi'dance with its Memoi'andum of Assoriation the members have agreed to contribule to the assels of the company, in the event of il closing, and amounting to and not exceeding £1 each. The committee is made up of the above eleven Trustees recorded in Reference aiid Administrative Details.. Recruitment and *ppofintment of neiv trustees The Cithrah Foundalion requires all membei's of the Board of Directors to be fully committed lo the aims and values of the charity in line with our Christian ethos. Specific skills required by Ciilll'ah is often identified at board meelings and potential membei's are ¢ontact¢d by existiiig board members.They are then inviled to altend scheduled meetings and, if appi'opriate. they are elected io the board as a Trustee at Ihe next AGM. OrgAnlsatlonAI structure Our organisation is made up of a managemeiit committee overseeing the five service5'. Selah Accommodation; Couiiselling Seivi¢es' Suppoit Services. Ti'aining. and Advice and Benefits. We have seveii employees workiiig in Selah, two paid staff and volunteers working in the Resource Centre. Volunteers help with support, counselling. finance and benefits advice aiid housing rights. Induction and tralning of nelv trustees New board inembers are pi'ovided with ow. induction pack, containing all policies, procedures and infom]ation on their roles and responsibilities. They are also offered domestic abuse training. Good goveiThan¢e training is also provided aiid available for all directors oil the SharePoint. New Meinbers are given a¢¢ess to the Board of Directors File on our shared company drive, containing all board documents ai)d mii)utes of the board meetings. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1042975 (Noi'ihem Ireland) Reglstered ChArl¢y number N1042975 Registered office Unit 6 Decourcy Centre Lancastei'ian Street Caii'ickfergus Co. lts11n BT38 7AG Trustees S Bloom¢r- Project Manager G Bowron - Relii'ed G E Bradford - Self Employed H Eccles - Civil Sei'vant L R Gower- Pastor (resigned 111812023) C E Hai'per- Advice Woi'ker B Ingrani - Prisoii Govenior A Laveity- Uiiemployed M M McAllistei-_ Pie-pi'ess Manager A McFarlane - HR C Wallace - Public Servant L Bvans - Asso¢iat¢ Director (appointed 11912023)
THE CITHRAH fiOUNDATION Report of the Trustees FOR THE YEAR EIYDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary H Eccles Independent Examiner Conaill McGI'ady FCA M.B.McGrady & Co Chartered Accountants RaihmoTe House 52 St Patricks Avenue Downpatrick Co. Down BT30 6DS Approved by ol'der of the board of trustees on 23 January 2025 aiid signed on its behalf by: B Ingram- Twstee
Independent Examln¢r's Report to the Trustees of The Cithrah Foundation Indep¢ndent examiner'$ report to the trustees of Th¢ Cithrah Foundation ('the Company,) l i'epoi'l to the charity truslees on my examination of the accounts of the Company for the year ended 31 Mai'ch 2024. Responsibilitlcs ayid basis of report As the cliarlty's trustees of the Compaiiy (and also ils direcloi's for the purposes of Company Illw) you are i'¢sponsAble for the preparation of the accounts in a¢cordan¢e with the requirements of the Companies Act 2006 ('Ih¢ 2006 Acl,). Haviiig satisfied myself that the aecounls of the Coinpany aye not i'equired lo be aiidited under Part 16 of the 2006 A¢t and al'e eligible for independent examination, I report in i'especl of my examination of youi. charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). lil caTryiiig out my examinatioti I have followed the Dii'¢ctions given by the Chai'ity Cornmission uiider Section 145(5) (b) of the 2011 Act. Indep¢iident examiner's $tAtement Since your charity's gross income exceeded £250,000 your examiiier musl be a member of a listed body. I can confiim that l am qualified to uiidertake the examination because l am a member of the Institute of Chartered Accountants in Ireland. which is one of the listed bodies. I have completed my examination. I confirni that iio matters have Come to my attention in ¢onn¢ction with the examination giviiig me cause to believe.. accounting i'ecords were not kept in respect of the Compaiiy as required by Section 386 of Ihe 2006 Act. or the accounts do not accord with those i'ecoi'ds. oi. the accounts do Jiol comply with Ilie accounliiig requii'emeiits of Section 396 of the 2006 Act other thali any requirement that th¢ ac¢ouhts give a ttve and fail. view which is Dot a matter considered as pail of an independent examii)ation' or the accouiils have iiot beeii prepared in accoi'dance with the Inethods and principles of the Statement of Recommended Pi'actice foi. accouiiling and reporting by charities (applicable to charities pi'epai'ing their accounts in accordance with the Fiiianctal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examinalion lo which attention should be di'awii in this report in ol'der to etiable a proper uiiderslaiiding of the accounts to be reached. Conaill McGrady FCA The It)stitute of Chartered Accouiilanls in Ireland M.B.McGrady & Co Chartered Accouiilaiils Raihmore House 52 Si Patricks Avenue Downpalriek Co. Dowii BT30 6DS 23 Jaiiuary 2025
THE CITHRAH FOUNDATION Statement of FinAn¢lal ActivltSe$ FOR THE YEAR EP4DED 31 MARCH 2024 3113124 Total fund5 3113123 Total funds Unrestrlcted funds Restrlcted fiiiids Notes NCOME AND ENDOWMENTS FROM Donations and legacies 39,700 39,700 16.338 Charitable activitie8 Chai-itable Activities Support Costs 236,207 9,880 236,207 9,880 232,630 Other trading activities Investment income 3,158 310 1,472 4,630 310 85 Total 43,168 247,559 290,727 249,053 EXPENDITURE ON Chalitable activlties Chai'ilable Activities Support Costs Governance Costs 233,032 46,206 5,453 233,032 50,460 5,453 69,103 159,224 4,254 Total 4,254 284,691 288,945 228,327 NET INCOMEI{EXPENDITURE) 38,914 {37,132) 1,782 20,726 RECONCILIATION OF FUNDS Total funds brought fonvard 26,391 128,537 154,928 134,202 TOTAL FUNDS CARRIED FORWARD 65,305 91.405 156,710 154,928 The notes foi'm part of these financial stateinents
THE CITHRAH FOUNDATION BAl#n¢e Sheet 31 MARCH 2024 3113124 TotAI funds 3113123 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 860 7,019 7,879 9,277 CURRENT ASSETS Debtors Cash at bank and in hand 144 64,301 2,325 91,732 2,469 156,033 151.263 64,445 94,057 158,502 151,263 CREDITORS Amounts falling due within one year (9,671) {9,671) (5,612) NET CURRENT ASSETS 64,445 84,386 148,831 145,651 TOTAL ASSETS LESS CURRENT LIABILITIES 65,305 91,405 156,710 154,928 NET ASSETS 6S,305 91,405 156,710 154,928 FUNDS Unrestricled funds: General fund Redundaiicy Fuiid 10 56,505 8,800 17,591 8,800 65,305 26,391 Restricted fiinds 91,405 128,537 TOTAL FUNDS 156,710 154,928 The charitable company is enliiled to exemption from audit under Section 477 of Ilie Companies Act 2006 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 ii) accordance witl) Section 476 of the Compaiiies Act 2006. The Iruslees acknowledge tlieir responsibililies for (a) ensuriiig Ihal the cl)aritable company keeps accounting records that comply willi Sections 386 and 387 of the Coinpai)ies Act 2006 ai)d preparing financial statements which give a true and fatr view of tlie state of affairs of tlie cliarilable conipany as at the end of each fiiiai)cial yeai. and of ils surplus or deficit for each fiiiaiicial year in accordaiice with the requireinents of Sections 394 and 395 aiid which otlierwise coinply willi the i'equiremenls of the Companies Act 2006 lating lo fii)ancial slatemeiils, so far as applicable to tl)e cliaritable company. (b) The notes fomi part of these financial statements coiitinued..-
THE CITHRAH fouNDATION Balance Sheet- continued 31 MARCH 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 23 January 2025 and were signed on ils behalf by.. B Iiigram - Truslee G Bowron- Trustee The notes foirn pail of these financial statements 10
THE CITHRAH fiOUNDATION Note5 to the fi inancial Statements FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparatlon The financial statements of the charitable company, which is a public benefil entity under FRS 102, have been prepared in accordance with the Chai'ities SORP {FRS 102) 'Accounling and Reporting by Chariti¢s.' Statement of Recommended Pi'actire appli¢able to chai'ities prepai'ing theii. accoiinls in accoi-dance with the Financial Reporting Standard applicable in the UK and Republic of Ii'eland (FRS 102) (effective l January 2019),, Financial Repoiling Standard 102 'The Financial Reporting Standai'd applicable in the UK and Republtc of Ireland, and the Companies Act 2006. The finaiicial statements have been prepared under the hisloi'ical cost convenlion. The financial statements have been pi'epared on the historical cost basis, as modified by the revaluation of certain financial assets aiid liabilities and investmeiit propeilies measured at fair value through incorne and expendithre. The financial statements are prepared in sterling, which is the nctIO11a1 curreiicy of the entity. The eharitable company has taken advantage of the following disclosure exemplion in preparing these financial statements, as permitted by FRS 102 'The Finaiicial Reporting Standard applicable in the UK aiid Republi¢ of Ireland,: the requirements of Section 7 Statement of Cash Flows. Judgements and key sources of estimatfion uncertalnty The Trustees have estimated the useful life and expected residual value of fixed assets arriving at the amount chai'ged each year for depreciation. Income Yesour¢e% All incomiiig i'esources are included iii th¢ slalemeiil of finaiicial activities when enlillement has passed to the charity. it is pi'obable that the economic benefits associated with the transaction will flow lo the charity and the amoui)I can be reliably measured. The following specific policies al'e applied to particular categories of income.. income from donation5 or grants recogiiised wheii thei'e is evidence of enlitlemenl to the gift, receipt As probable and its amount can be measured reliably. egacy incorne 15 re¢ogni5ed when receipl is pi'obable and entitlemenl is established. iiicome from doiiated good5 is measured at the fair value of the good5 unless Ihis is impraclical to measure reliably, in which case Ihe value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities aiid services are recogi)ised in the accounts wheii r¢¢¢ived if the value can be reliably measured. No amounts are ii)cluded for the coiitribution of geiieral volui)leer. Income from coiitra¢ls for tlie supply of s¢rvi¢es is recognised wilh the delivery of contracted service. This is classified as unrestricted funds unless there is a conlractual requiren)enl for it to be spent on a particular purpose aiid retunied if unspent, in wl)icli case it may be regarded as reslricled. Resources expended Expeiiditure is recognised on an accruals basis as a liability is incurred. Expenditur¢ included any VAT whicli cannot be fvlly recovered, and is classified under headiiigs of the statement of financial activities lo wliich it relates.. expenditure 01) raising funds include5 the costs of all fundraisiiig activities, eveiits, noii-charilable trading activities, and the sale of donated goods. expe1)dire on cliaritable activates included all costs incurred by a charity iii uiidertaking activities tl?at furilier ils cliarilable aims for tl)e bei)efit of its bei)eficiaries, including tliose support costs and cost relatiiig lo the govemaiice of tlie el)ai'ity appoi'tioi)ed lo cl)aritable activllies. continued...
THE CITHRAH FOUNDATION Notes to the FlnAn¢lal Statements - contlnued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - contlnued Resources expended olher expendilui'e includes all expenditure that is neither related to raislng thnds for the charity nor part of its expenditure on charitable aclivilies. All costs al'e allocated to expendi1.¢ categoi'ies reflecting the use of the resoui'ce. Dii'ect costs attribvtable to a single activity ar¢ allocated dii'ecily to that activity. Shai'ed costs are apporlioned between Ihe activities they contribute to on a i'easonable, justifiable aiid consistent basis. Tangible fjxed assets Depreciation is provided at the following annual rates in order to wi'ite off each asset over its estimated usefijl life. FIx¢S and fittiiigs Cornputei. equipm¢iit 25D/o on rediicing balaiice 250/0 on i'educing balaiice TaxAtion The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted fld$ are available for use at the disci'elion of the trustees to further atiy of the ¢harity's putyoses. Designated ndS are unrestricted fimds eaTmai'k¢d by the trustees for parliculai. tr'e project or comnlltnient. Resli'icled funds al'e subjected to i'esti'ictions oil their expeiiditure declared by the doiioi. or through the tenns of an appeal, and fall into oiie or two sub-classes.. i'estricled income funds or eiidowmeiit funds. Pension cost$ other post-retirement benefits The charitable company op¢i'ates a defined coiitt'ibulion pension scheme. Contributions payable to Ihe charitable company's pension scheme al'e charged to the Statement of Fiiiatlcial Activllies iii the period to whtch Iliey relate. Financial instruinent5 A financial asset or a fiiiaiicial liability is recognised only when the charity becomes a party to the coi)tractual provisions of the instivment. Basic financial instruments are initially recognised at the amount receivable or payable iiicludiiig aiiy relaled transaclion costs. Ciirrent assets and currei)I liabilities are subsequenily measui'ed at the cash or oihei. consideration expected to be paid or received aiid iiot discounted. Debt iiistruments are subsequently measured at amortised cost. Wliere investments in shal-es are publicly traded or tlieii. fair value witli changes in fair value recognised in ii)come and expenditure. All other such iiivestmeiits are subsequently measured at cost less impaii'meiit. Other financial instruments, Including dei'ivatives, are iiiilially i'ecognised at fair value, uiiless payment for an asset is deferi'ed beyond normal business terms or financed at a rate of iiiterest that is not a market rate, iii whicli case tlie asset is measured at tlie present value of tlie fure payments discouiiled al a mai-ket rate of inleirst for a similar debt iiislrument. Otl)er finai)cial instruments are subsequently nieasured at fair value, with any changes reeognised iii the statement of finaii¢ial activities, willi the exceplioii of hedgiiig iiistrumeiits in a desigiialed liedgiiig relationsliip. Financial assets that are measured al cost or amortised cost are reviewed for objective evidei)ce of iinpaim)eiil at the end of each reportiiig date. If Iliere is objective evideiice of impairineiit, an impairment loss is re¢ognised under the appropriate l)eading in the stalenienl of fiiiaiicial activities iii whicli tlie initial gain is recognised. 12 contiiiued...
THE CITHRAH FOUNDATION Notes to the Financial Statements - con¢lnu¢d FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES- Continued Financial instruments For all equity instrum¢nts i'egardless of signtficance, and other financial assets that are individually signifi¢ant, these are assessed individually for impai17nent. Other financial assets are eith¢r assessed individually for impainnent. Other financial ass¢t5 are either assessed individually or grouped on the basis of similar credit risk characterisli¢s. Any reveysals of impaii'ment are recognised iminedialely. to the extent that the reversal does not i'esult in a carrying amount of the financial asset that exceeds what Ihe carrying amount would have been had Ihe impaimieiil not previously been recognised. OTHER TRADING ACTIVITIES 3113124 3113123 Fundi'aising events Refuge Rental Income Rental Income 2,546 1,472 612 4,630 INVESTMENT INCOME 3113124 3113123 Deposit account interest 310 85 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is staled after cliargin{cr¢dltin8}'. 3113124 3113123 Depreciation - owned assels 2,628 3,092 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneratioii or other benefits for tl)e year ended 31 March 2024 nor for Ihe year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year elided 31 March 2023. 13 continued...
THE CITHRAH fiOUNDATION Notes to the filnanclal Statements- continued FOR THE YEAR EIYDED 31 MARCH 2024 COMPARATIVES FOR THE STATEMENT OF filNANCIAL ACTIVITIES Unrestrieted funds Restrlcted funds Totol funds INCOME AND ENDOWMENTS FROM Donations and legacies 16,338 16,338 Charitable ac¢ivities Charitable Activities 41,301 191,329 232,630 Inveslment income 85 85 Total 57,724 191,329 249,053 EXPENDITURE ON Charitable activities Charitable Activities Support Cosls 55,024 2,376 14,079 156,848 69,103 159,224 Total 57,400 170,927 228,327 NET INCOME 324 20,402 20,726 RECONCILIATION OF FUNDS Total funds brought forward 26,067 108,135 134,202 TOTAL FUNDS CARIUED FORWARD 26,391 128,537 154,928 TANGIBLE FIXED ASSETS Fixtures and flttlngs Computer equipmeiit Totals COST Ai l April 2023 Additions 24,627 23,443 1,230 48,070 1,230 At 31 March 2024 24,627 24,673 49,300 DEPRECIATION Ai l April 2023 Chai'g¢ for year 22,905 431 15,888 2,197 38,793 2,628 At 31 March 2024 23,336 18,085 41,421 NET BOOK VALUE At 31 March 2024 1,291 6,S88 7,879 Ai 31 March 2023 1,722 7,555 9,277 14 contiiiued...
THE CITHRAH fi OUNDATION Notes to th¢ filnAncfial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 3113123 Prepayments and accrued income 2,469 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 3113123 Trade creditors Social security and other laxes Oiher creditors Ac¢ruals and deferred income 342 2,150 1,079 538 8,054 3,120 9,671 5.612 io. MOVEMENT IN FUNDS Net movement Transfers betiveen funds At 3113124 At 114123 Unrestricted funds General fund Redundancy Fund 17,591 8,800 38,914 56,505 8,800 26,391 38,914 65,305 Restricted fvnds Restricted Fuiids Supporting People Thdor Trust Charity Projects Garfield Westoii Foundation Housing Benefit Job Start Scheme Safe Lives 47,613 66,253 6,757 4,440 {46,607) (1,006) 66,254 6,855 1,146 10,931 4,902 lJ17 98 (4,300) 10,931 4,902 1,317 (3,474) 1,006 3,474 128,537 (37,132) 91,405 TOTAL FUNDS 154,928 1,782 156,710 15 continued...
THE CITHRAH FOUNDATION Notes to the Flnanclal Statements- ¢ontlnued FOR THE YEAR EIYDED 31 MARCH 2024 io. MOVEMENT IN FUNDS- continued Net movement in funds. included in the above ar¢ as follows- In¢onilng resources Resources expended Movement In funds Unrtstrl¢ted fund$ General fund 43,168 (4,254) 38,914 Restricted funds Resti'icted Funds Suppoiting People Tudoi. Trust Halifax Cliayity Projecls Garfield Weston Foundation Housing Benefit Clear Developing Healthy Communities Rei)t Paid By Residents Job Siarl Scheme Homeless Coniiecl - Goodwill Grant Safe Lives Social Services (i) 127,ISS 31,904 10,675 (46,606) (127,154) (31,806) (10,675) (4,300) (9,069) (41,735) (2,924) (1,472) (8,562) (347) (46,607} 98 {4,300} 10,931 4,902 20,000 46,637 2,924 1,472 9,879 J47 {3,474) 41 1,317 {3,474} (41) 247,559 (284,691) {37,132} TOTAL FUNDS 290,727 (288,945) 1,782 Comparatlves for movement in funds Net movement in funds At 3113123 At 114122 Unrestricted funds General fuiid Redundai)ey Fund 17,267 8,800 324 17,591 8,800 26,067 324 26,391 Restricted funds Reslricled Fuiids Supporting People Tudoi" Trust Cliarity Projects 51,087 57,048 51,087 66,253 6,757 4,440 9,205 6,757 4,440 108,135 20,402 128,537 TOTAL FUNDS 134,202 20,726 154,928 16 onliiiued...
THE CITHRAH fiOUNDATION Noles to the Financial Statements - contlnued FOR THE YEAR ENDED 31 MARCH 2024 io. MOVEMENT IN fi UNDS - eontlnued Comparative nel movement in funds, included in the above al'e as follows: Ineomfing resources Resources expended Movement in funds Unrestricted funds General fund 57,724 (57,400) 324 Restricted funds Siipporting People Tudor Trust Halifax Chai'ity Projects 128,694 38,195 20,000 4,440 (119,489) (31,438) (20,000) 9,205 6,757 4,440 191,329 (170,927) 20,402 TOTAL FUNDS 249,053 (228,327) 20,726 A curreiil year 12 months and prior year 12 months Combffined position is as follows: Net movement in funds Transfers between funds At 3113124 At 114122 Unreslrlcted funds General fund Redundancy Fund 17,267 8,800 39.238 56,505 8,800 26.067 39,238 65,305 Re$tri¢ted funds Restricted Funds Supporting People Tudoi. Ti'ust Charity Projects Garfield Weston Foundation Housing Benefit Job Start Scheme Safe Lives 51,087 57,048 (46,607) 9,206 6,855 140 10,931 4.902 1,317 (3,474) (1,006) 3,474 66,254 6,855 1,146 10,931 4,902 1,317 (3,474) 1,006 108,135 (16,730) 91,405 TOTAL FUNDS 134,202 22,508 156,710 17 ontinued...
THE CITHRAH FOUNDATION Notes lo the Financial Statemeiits - contlnued FOR THE YEAR ENDED 31 MARCH 2024 io. MOVEMEIYT IN FUNDS - eontlnued A cun'ent yeor 12 months and pi'ior year 12 months combined nel movement in funds, included in the above are as follows.. In¢oniing resources Resources expended Movement in lunds Unrestrl¢ted funds General fund 100.892 (61,654) 39,238 Restricted funds Restricted Funds Supporting People Tudor Trust Halifax Charity Projects Gaifield Weston Foundation Housing Benefit Cl¢ar Developing Healthy Communities Rent Paid By Residents Job Start Scheme Homeless Connect- Goodwill Grant Safe Lives Social Services (i) 255,849 70,099 30,675 4,440 20,000 46,637 2,924 1,472 9,879 347 (3,474) 41 (46,606) (246,643) (63,244) (30,675) (4,300} (9,069) {41,735} (2,924) {1,472) (8,562) (347) (46,607) 9,206 6,855 140 10,931 4,902 1.317 (3,474) (41) 438,888 (455.618) (16,730) TOTAL FUNDS 539,780 (517,272) 22.508 ii. EMPLOYEE BEf4EFIT OBLIGATIONS Coiilribulions to defined ¢ontt'ibution plans are recognised as an expense iii the period in which the related services is pi'ovided. Prepaid conli'ibutions are recognised as an asset to tlie extent that the prepaymeiit will lead lo a reduction in thtui'e paymeiils or a cash refund. When contributions are not expected to be settled wholly wilhii) 12 months of the end repoi'ling date in which the ¢mployees reiider the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense iii the period iii whieh it arises. 18 conliiiued...
THE CITHRAH FOUNDATION Notes to the Flnan¢lal Statements- contlnued riOR THE YEAR ENDED 31 MARCH 2024 12. RELATED PARTY DISCLOSURES There were no related paity transactions for the year ended 31 March 2024. 19
THE CITHIL4H FOUNDATION Contents of the FlnAn¢lal Statements FOR THE YEAR Ef4DED 31 MARCH 2024 Page Chairman's Report Report of the Trustees Independent Examiner's Report Statement of Financial Activities BalAn¢e Sheet 9 to 10 Notes to the Ffinancfial Statements 11 to 19