COMPANY REGISTRATION NUMBER: N1043640 CHARITY REGISTRATION NUMBER: NIC103577 Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 JOSEPH MURRAY LIMITED Chartered accountants 30b MARKET SQUARE DROMORE CO. DOWN BT25 1AW
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees. annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities {induding income and expenditure account) statement of financial position Notes to the financial statements
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2023 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charty for the year ended 31 March 2023. Reference and administrative details Registered charity name Peninsula Healthy Lmng Partnership Limited Charity registration number NIC103577 Company registration number N1043640 Principal office and registered Kircubbin Communty Centre office 4 Church Grove Kircubbin BT22 2SU The trustees Dr Jenny Gingles Mrs Carol-Ann Hewitt Mrs Caroline Mahon Ms Angela Hinds Mr Philip Brooks Mr Keith Elliott Ms L Mcmanus Mrs Jennifer Smyth Mr Mark Newell (Resigned 2 September 2022) (Appointed 6 July 2023) The Charity is registered with the Charities Commission for Northem Ireland under Reference number NIC103577. Independent examiner Joseph J Murray FCA 30b MARKET SQUARE DROMORE CO. DOWN BT25 1AW Structure, governance and management The management board nonnally consists of eight Trustees that meet regularty to oversee govemance, provide a financial oversight and approve activities of the Charity. Any policy decision, exceptional expenditure or expenditure above a pre-detemiined level require prior approval by the board. The Charity is govemed on a day to day basis by a Manager who reports to the Trustees.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢ondnu Year ended 31 March 2023 Objedlves and actlvitles The Charity's objectives are to promote the advancement of the health and well1ng of those living in Northern Ireland and th8 Republic of Ireland. The Charity tries to meet these aims by providing an holistic and integrated approach to th8 provision and delivery of services and programmes in order to improve health for people in ts area from blrth to death. Beneficiaries can parbcipate in a wide range of programmes. seNices and activities that are delivered in an expert and enthusiastic manner by the Charity and its staff and volunteers. We have referred to the guidance contained in the Chaiity Commission's general guidance on public benefft when reviewing our aims and objectives and in planning our future activities. Achievements and perfornlance 2023 continued to be another busy but productive year for the Charty faced wtth the continulng pressures of a post pandemic world struggling wth economic and soctal problems. The Charity continued to prowde a wealth of services for people living and working across the rural Ards Peninsula. In particular, the Charitys work focused on helping to tsckle health inequalities and to improve health arKI wellbeing in the widest sense. Once again the charity was faced with increased demands on its resources and withoLrt the reIpt of grants from statutory authorities. itwould not be able to provide these services to any meaningful degree. Flnanclal review The overall income of the Charity during the year ended 31st March 2023 increased by £15,919 to a total of £186,076. This increase in income was met by an increase in expenditure of £49.203 to £194,363 which accounted for the subsequent deficti for the year of £8.287 compared lo a surplus in the predIng year of 2022 of £24,997. Net funds therefore decreased to £211,333 from £219.620 in 2022. The Charity has sufficient res8rv8s and liquid assets to contlnue its objectives for the foreseeable future, but is heavily reliant on continuing support from a wide range of investors, particularty those within the public sector..
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2023 Small company provisions This report has been prepared in accordan with the provisions applicable to companies entttled to the small companies exemption. The trustees, annual report was approved on 21 September 2023 and signed on behalf of the board of trustees by: Dr Jenny Gingles Trustee
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Independent Examiner's Report to the Trustees of Peninsula Healthy Living Partnership Limited Year ended 31 March 2023 I report to the trustees on my examination of the financial statements of Peninsula Hea]thy Living Partnership Limited {Ihe charty.) for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible'for the preparation of the financial statements in accordance wth the requirements of Charities Act {Northem Ireland) 2008 (the'2008 Act,) and the Companies Act 2006 (Ihe 2006 Act,). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myseLf that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9){b) of the 2008 Act. Independent examinerfs statement I have completed my examination. l Gonfimi that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: accounting records were not kapt in respect of the charity as required by section 386 of the 2006 Act.. or the financial statements do not acrd wth those records,. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Yrue and fairf view which is not a matter considered as part of an independent examination,. or the financial statements have not been prepared in accordan with the methods and principles of the Statement of Recommended Practice for accounting and reporting by chartties applicable to chartties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I confimi that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Joseph J Murray FGA Independent Examiner 30b MARKET SQUARE DROMORE CO. DOWN BT25 1AW 21 September 2023
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Restricted ftjnds Total funds Total funds 2022 Unrestricted funds Income and endowments Donations and legacies Charitable activities Investment incoTne other income 171.141 171,141 4.843 450 9,642 149.510 7,074 386 13.187 4,843 450 9,642 Total income 4.843 181,233 186,076 170,157 Expenditure Expenditure on charitable activities Total expendlture 9.10 13.148 181,215 194,363 145.160 13,148 181,215 194,363 145,160 Net (expenditure)fincome and net movement in funds (8.305) 18 (8.287) 24,997 Reconciliation of funds Total funds brought forward Total funds carried forward 219.620 219,620 194.623 211.315 18 211,333 219,620 The statement of financial actwities includes all gains and losses recognised in the year. All income and expendtture derive from continuing activities. The notes on pages 8 to 17 forni part of these flnancial statements.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Note Fixed assets Tangible fixed assets 16 133,896 148,753 Current assets Debtors Cash at bank and in hand 17 1,064 169,263 1,209 169,097 170.327 170,306 Creditors: amounts falling due within one year 18 7,991 4,898 Net current assets 162,336 165,408 Total assets less current liabllltles 296,232 314.161 Creditors: amounts falling due after more than one year 19 84899 94.541 Net assets 211.333 219.620 Funds of the charity Unrestricted funds 211.333 219,620 Total charity funds 23 211,333 219,620 For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companiès. Directors, responsibilities: The members have not required the company to obtain an audff( of its financial statements for the year in question in accordance wth section 476. The directors acknowledge their responsibilthes for complyyng with the requirements of the Act with respect to acGounting records and the preparation of financial statements. These financial statements have been prepared in accA)rdance with the provisions applicable to companies subject to the small companies, regime. The statement of financial position continues on the following page. The notes on pages 8 to 17 fomi part of these financlal statements.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Statement of Financial Position (continued) 31 March 2023 These financial statements were approved by the board of trustees and authorised for issue on 21 September 2023. and are signed on behalf of the board by: Dr Jenny Gingles Trustee The notes on pages 8 to 17 fomi part of these financial statements.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General infomiation The charity is a public benefit entity and a private company limited by guarantee, registered in Northem Ireland and a registered charity in Northem Ireland. The address of the registered office is Kircubbin Community Centre. 4 Church Grove, Kircubbin. BT22 2SU. ststement of compliance These financial statements have been prepared in compliance wth FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financi21 Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilf(ies and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entty. Going ¢oncem There are no material uncertainties about the charity's abilty to continue. Disclosure exemptlons The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such. advantage has been tsken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the wmpany. (b) Disclosures in respect of financial instruments have not been presented. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (contlnu8d) Year ended 31 March 2023 Accounting policies (continued) Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earniarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of Iwo sub&classes- restricted income funds or endowment funds. Incoming resources All incoming resources are included in the statement of financial activities when entitiement has passed to the charity. it is probable that the economic benefrts associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlement to the g(ft, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the Gost to the donor or the estimated resale value. Donated faciltties and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a parttcular purpose and retumed if unspenL in which case it may be regarded as restricted.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (continuèdj Year ended 31 March 2023 Accounting policies (continued) Resources expended Expenditure is recognised on an accruals basis as a liability is incurrad. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activtties, events, non- charitable trdding activities. and Ihe sale of donated goods. expenditure on charitsble activities includes all costs incurred by a charity in undertaking activities that further its charitabte aims for the benefit of its beneficsaries, including those support costs and costs relating to the govemance of the chartty apportioned to charitable activities. other expenditure includes all expenditure that is netther related to raising funds for the chartty nor part of its expenditure on charitable aGtivtties. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets All fixed assets are Initially recorded at cost. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset in the following manner in relation to Freehold Property and Equipment, Fixtures & Fittings consecutively: Freehold Property Equipment and Fixtures 4Yo straight line 20 % reducing balan Impalnnent of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount. the asset is impaired accordingly. Prior impaimients are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing. when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impaimient testing of goodwill. the goo(111 acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the comblnation. irrespective of whether other assets or liabilities of th8 charity are assigned to those units. 10
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (eontinu8d) Year ended 31 March 2023 Accounting policies {GontinuedJ Govemment grants Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assuran(E that the charity will compty with the conditions attaching to them and the grants will be received. Where the grant does not I.poSe specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future perfomiance-related conditions on the recipient, it is recognised in income only when the perfomiance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria. they are recognised as a liability. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initialiy recogntsed at the amount receivable or payable including any related transaction costs. Current assets and current liabiltties are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares 8re publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value wth changes in fair value recognised in InMe and expenditure. All other such investments a subsequently measured at cost less impairment. Other financial instruments. including derivatives. are initially recognised at fair value, unless payment for an asset is defeed beyond nomal business temis or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of InteSt for a similar debt instnjment. other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities. with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment. an impaimient loss is recognised under the appropriate heading in the sÉatement of financial activities in which the initial gain was recognised. For all equity instruments regardless of signÉfican, and otherfinancial assets that are individually significant, these are assessed individually for impainnent. Other financtal assets are either assessed individually or grouped on the basis of similar credit risk characteristics. 11
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (¢ontlnuedJ Year ended 31 March 2023 Accounting policies (contlnu8dJ Flnancial instruments (¢onllnuodJ Any reversals of impairment are recognised immediately. to the extent that the reversal does not result in a carying amount of the financial asset that exceeds what the cArrying amount would have been had the impaimient not previously been recognÈsed. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related seNice is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in ftjture payments or a cash refund. When contrtbutions are not expected to be settd wholly within 12 months of the end of the reporting date in which the employees render the relaled servlce. the liabilty is measured on a discounted pr8S8nt value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Llmited by guarantee Peninsula Healthy Living Partnership Limtted is a company limited by guarantee and does not have a share capital. The liability of each member is limited to an amount not exceeding £1. Donations and legacies Reslricted Total Funds Funds 2023 Restrided Total Funds Funds 2022 Grants Public Health Agency - Healthwise Public Heath Agency- Core Grarrt Derg Valley HLC Social Prescribing Healthy Living Aliance - Pain Management Mind Matters Big Lottery Grant- Hens Shed Mentoring Income New Mural Online Survey Community Grant- for computer systems 1.105 124,706 14.382 1.105 124.706 14.382 4,420 110,858 19,044 4,420 110.858 19,044 4.400 15.996 8.696 1,856 4,400 15.996 8.696 1,856 3,830 3.830 1,000 1,000 9.974 9,974 171.141 171.141 149.510 149,510 12
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 Charitable activities UnrestrÈcted Total Funds Unrestricted Totsl Funds Funds 2023 Funds 2022 Gym sales Drama Workshops 4.520 323 4.520 323 7.074 7.074 4.843 4,843 7.074 7.074 Investment Income Restricted Total Funds Funds 2023 Restricted Total Funds Funds 2022 Bank interest receivable 450 450 386 386 Other income Restricted Total Funds Funds 2023 Restricted Total Funds Funds 2022 Deferred grant.release Furlough Grants receNed 9,642 9,642 9,642 3,545 13.187 9,642 3,545 13.187 9.642 9.642 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2023 Healthy Living Programme Support costs 2,776 10,372 171,682 9.533 174,458 19.905 13,148 181.215 194.363 Unrestricted Funds Restricted Total Funds Funds 2022 Healthy Living Programme Support costs 1.142 131.889 12.129 133,031 12,129 1.142 144.018 145,160 10. Expendlture on charitable activities by activity type Acttvities undertaken directly Support Total funds costs 2023 Totsl fijnd 2022 Healthy Living Programme 174.458 19,905 194.363 145.160 13
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (Continued) Year ended 31 March 2023 11. Analysis of support costs Total 2023 Total 2022 Communications and IT General offi Governance costs 3,996 11,929 3,980 3,996 11,929 3,980 3,095 4,889 4,145 19.905 19.905 12.129 12. Net (expenditure)fin¢ome Net (expenditure)fincome is stated after chargingl(crediting): 2023 2022 Depreciation of tangible fixed assets 14,857 15,927 13. Independent examination fees 2023 2022 Fees payable to the independent examiner for. Independent examination of the financial statements 1,000 1,000 14. Staff Gosts The average head count of employees during the year was 9 (2022: 8). The average number of full-time equivalent employees during the year is analysed as follows= 2023 2022 Number of staff - Administration Number of staff - Gym & Classes Number of staff - Health Development Number of staff - Social Prescriber No employee reiVed employee benefits of more than £60,000 during the year (2022: Nil). 15. Trustee remuneration and expenses No remuneration or other benefits frorn employment with the charity or a ralated entity were received by the trustees. 14
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements {continuedJ Year ended 31 March 2023 16. Tangible fixed assets Land and buildings Equipment Total Cost At 1 April 2022 and 31 March 2023 Depreciation 264,407 80.755 345,162 At 1 April 2022 Charge for the year At 31 March 2023 137.057 10,576 59.352 4,281 196.409 14.857 147,633 63.633 211,266 Carying amount At 31 MarGh 2023 116,774 17,122 133,896 At 31 March 2022 127.350 21.403 148,753 17. Debtors 2023 2022 Prepayments and accrued income .064 1.209 18. Creditors: amounts falling due within one year 2023 2022 Accruals and deferred income Social security and other taxes 6,825 1.166 4,009 889 7.991 4,898 19. Credltors: amounts falljng due after more than one year 2023 2022 Accruals and deferred income 84,899 94,541 20. Deferred income 2023 2022 At 1 April 2022 Amount released to income 109.117 (24,218) 84,899 109,117 (14,576) 94,541 At 31 March 2023 15
Peninsula Healtny Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements fcontlnu Year ended 31 March 2023 20. Deferred income (continued) The amount included as deferred income relates to sums totalling £109,117 received as government capital grants durtng ihe years ended 31 March 2014. 2015 and 2017. Such grants are reviewed annually and are released to income on a consistent basis according to factors such as the terms of the individual grant, the period lapsed since their receipt and the likelihood of their repayment being necessary. During the year an amount of £9.642 (2022: £9,642) was released to income as shown in Note 8 on Page 13. This means that at 31 March 2023 a cumulatThie total amount of £24,218 (2022.. £14,576) had been released to the Income & Expenditure Account to date. 21. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1.849 (2022: £1,308). 22. Govemment grants The amounts recognised in the financial statements for govemment grants are as foSlows: 2023 2022 Recognised in creditors: Deferred govemment grants due after more than one year 84,899 94,541 23. Analysis of charitable funds Unrestricted fvnds At 31 March 20 23 At 1 April 2022 Income Expenditure Transfers Unrestricted Fund 219.620 4,843 (13,148) 18 211,333 At 31 March 20 22 At 1 Aprll 2021 InCrne Expenditure Transfers Unrestricted Fund 194,623 7.074 (1,142) 19.065 219,620
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (Gontinuedj Year ended 31 March 2023 23. Analysis of charitable funds (contlnuèd) Restncted funds At 31 March 20 23 At 1 April 2022 Income Expenditure I ransfers Restrtcted Fund 181,233 {181,215) (18) At 31 March 20 22 At 1 April 2021 Income Expenditure Transfers Restricted Fund 163,083 (144.018) {19,065) 24. Analysis of net assets between funds Unrestricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors greater than 1 year Net assets 133.896 162,336 (84,899) 211,333 133,896 162,336 (84,899) 211,333 Unrestricted Total Funds Funds 2022 Tangible fixed assets Current assets Creditors greater than 1 year Net assets 148,753 165,408 (94,541) 219,620 148.753 165.408 (94,541) 219,620 17