## **BRAINWAVES NI**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
Bradley Accounting & Taxation Chartered Certified Accountants
## **BRAINWAVES NI**
## **Charity Information**
## **Charity Number:**
## NIC 103464
**Accountants:** Bradley Accounting & Taxation Chartered Certified Accountant
4 Knockbracken Manor Belfast BT8 6WQ
**Business Address:**
35 Loy Street COOKSTOWN Co. Tyrone BT80 8PZ
**Bankers:**
Bank of Ireland Belfast City Branch 4-8 High Street BELFAST BT1 5LR
BRAINWAVES NI
|Contents||
|---|---|
|Committee Report|1|
|Trustees Report|2-10|
|Independent Examiners Report|11|
|Income & Expenditure Account|12|
|Balance Sheet|13|
|Notes to the Financial Statements|14|
## **BRAINWAVES NI**
## **COMMITTEE REPORT**
## **FOR THE YEAR ENDED 31 AUGUST 2023**
The Committee present their report and the financial statements for the year ended 31 August 2023.
## **Principal Activity**
The principal activity of the Charity is providing support and information to all those affected by brain tumours.
## **Committee Members**
The Committee Members who served during the year are as stated below:
|Colin McMillan|Chairperson|
|---|---|
|Stephen Harris|Treasurer|
|Sylvia Watt|Vice Chairperson|
|Kimberley Carvill||
|Yvonne Monaghan||
|Lauren Monaghan||
|Aimee Alderdice||
|Carol Harris||
|Jennifer Arbuthnot||
|Fiona Alderdice||
This report was approved by the Committee on 16 November 2023 and signed on its behalf by
## **Committee Member**
**1**
## **BRAINWAVES NI**
## **Independent Examiner's Report of the Committee of Brainwaves Northern Ireland**
We report on the accounts for the year ended 31 August 2023, which are set out on pages 3 and **4.**
## **Respective responsibilities of committee and examiner**
The charity's committee consider that an audit is not required for this year (under section 65(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is our responsibility to:
Examine the accounts (under section 65 of the Act).
- To follow the procedures laid down in the General Directions given by the Charity Commission (under section 65(9)(b) of the Act)
To state whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as committee members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a 'true and fair' view. The report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In the course of our examination no matter has come to our attention:
1. that gives us reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with section 65 of the Act; and to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act (Northern Ireland) 2008; have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Bradley Accounting & Taxation Chartered Certified Accountants**
## **Date: 16 November 2023**
**2**
## **BRAINWAVES NI**
## **INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 AUGUST 2023**
|**Unrestricted**
**Funds**
Donations and Fund Raising
129,088
Bank Interest
238
**Expenditure**
Research and Direct Contributions
39,631
**Administrative Expenses**
Accountancy
Legal and Professional Fees
Memberships
Insurance.
Bank Charges
Advertising.
Just Giving.
Conference Costs
Treasurer's Honorarium
Computer Costs
Charitable Donations
Repairs & Maintenance
Printing & Stationery.
**Expenditure on Members**
Financial Requests
Outings and Functions
Marketing Materials
Support Sessions
Secretary’s Fes
**Committee Expenses**
Office Costs.
Telephone & Internet Costs
Sundry Expenses|**Restricted**
**Funds**|**Total**
**Funds**
**2023**
**Total Funds 2022**
129,088
121,859
238
39,631
540
80
872
192
117
562
2,136
4,519
3,750
6,566
3,473
1,325
23,370
537
1,868
108
2,513
---|
|---|---|---|
||||
||||
**Surplus/(Deficit) for Year Note 2 -**
## **BRAINWAVES NI**
|**BALANCE SHEET AS AT 31 AUGUST**
**Fixed Assets**
Fixtures & Fittings
**Less Depreciation**
**Current Assets**
Bank of Ireland - Current Account# 1
Bank of Ireland - Current Account# 2
Petty Cash.
**Current Liabilities**
Accruals
**Net Assets**
**Sources of Cagital**
**Accumulated Fund**
Opening Balance
-
Unrestricted Funds
Restricted Funds
Surplus/Deficit) for Year|**2023**
**2023**
**2022**
3,830
3,830
3,830
3,830
156,442 121,680
100,363
100,012
66
66
221,758
362
456
256,509
221,302
221,302
184,767
35,207
36,535
256,509
221,302|
|---|---|
The Financial Statements on pages 12-14 were approved by the Trustees, and authorised for issue on 16 November 2023, and signed on their behalf by:
Committee Member
Committee Member
**4**
## BRAINWAVES NI
## NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
## Note 1
Accounting Policies
## **Accounting Convention**
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.
## **Turnover**
Income of The Charity represents monies received from donations and bank interest.
## **Tangible Fixed Assets and Depreciation**
Depreciation is provided at rates calculated to write off the costless residual value of each asset over its expected useful life, as follows:
Fixtures and Fittings - 20% Reducing Balance
## **Incoming Resources**
Donations, legacies and other income is included in full in the Income and Expenditure Account when received. Bank interest received is accounted for on accruals basis.
## **Resources Expended**
All expenditure has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have all been allocated to activities on a basis consistent with the use of resources.
**5**