COMPANY REGISTRATION NUMBER: N1043640 CHARITY REGISTRATION NUMBER: NIC103577 Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 JOSEPH MURRAY LIMrrED Chartered accountants 30b MARKET SQUARE DROMORE CO. DOWN BT25 1 AW
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the directo¢s report) Independent examiner's 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 (Incorporatlng the Director's Report) Year ended 31 March 2024 The trustees. who ar8 also the directors for the purpos8s of company law. present their report and the unaudited financial statements of Ihe charity for the year ended 31 March 2024. Reference and adminislrative detslls Reglstered charlty name Peninsula Healthy Living Partnership Limtted Charity reglstralion number NIC103577 Company registration number N1043640 Principal offlce and registered Kircubbin Communty Centre offlce 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 Mrs Jennifer Smyth Mr M&k Newell Mr John Lipfird (Resigned 20 May 2024) (Appointed 6 July 2023) (Appointed 27 July 2024) The Charty is registered with the Charities Commission for Northem Ireland under Reference number NIC103577. Independent examin8r Joseph J Murray FCA 30b MARKET SQUARE DROMORE CO. DOWN BT25 1AW Structure, govemance and management The management t(iard nomially consists of eight Trustees that meet regulaty to oversee governance, provido a financial oversight and approve activities of the Charity. Any policy decision, exceptional expenditure or expendf(ure above a pre-determined level require prbor approval by the board. The Charity is governed on a day to day basis by a Manager who reports to the Trustees.
Peninsula Healthy Living Partnership Llmlted Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrector's Report) (conllnued) Year ended 31 March 2024 Objectives and activities The Charity's objectives are to promote the advancement of the heatth and wellb8ing of those living in Northern Ireland and the Republic of Ireland. The Charity tries to meet these aims by providing an holistic and integrated approach to the provision and delivery of services and programmes in order to improve health for people in its area from birth to death. Beneficiaries can participate in a wide range of programmes, services and activrties that are delrvered in an expert and enthusiastic manner by the Charity and its staff and volunteers. We have referred to the guidance cortained in the Charity Commission's general guidance on public benefit when reviewtng our ams and ot4ectives and in pkanning our future activities. Achievements and performan¢0 2024 continued to be another busy but productive year for the Charlty faced with the continuing pressures of a post parKlemic world struggling with economic and social problems. The Charty continued to provide a wealth of serrficEs for people Itving and worf(ing across the rural Ards Peninsula. In particular, the Charity's work focused on helping to tackle health inequalities and to improve health and wellbeing in the widest sense. Once again the charty was faced with increased demands on ts resources and without the receipt of grants from statutory authorities, it would not be able to provide these seNices to any meaningful degree. Flnanclal review The overall income of the Charty during the year ended 31 st March 2024 increased by £51.823 to a total of £237,899. This increase in income was met by an increase in expenditure of £24,226 to £218,589 vthich accounted for the subsequent surplus for Ihe year of £19,310 compared to a deficii in 2023 of £8,287. Net funds Éher8fore increased to £230,643 from £211,333 in the preceding year. The Charity has sufficient reseNes a1 liquid assels lo continue its objecttves for the foreseeable future, but is heavily reliant on continuiThJ support from a WKle range of investors. particularly those withln Ihe public sector.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contind) Year ended 31 March 2024 Small company provlslons This report has been prepared in accordan with the provisions applicable to companies enlitled to the small companies exemption. The trustees, annual report was approved on 26 Septernr 2024 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 Penlnsula Healthy Living Partnershlp Llmlted Year ended 31 March 2024 I report to the trustees on my exaJninalion of the financial statements of Peninsula H8althy Living Partnership Mited (Yhe charity,) for the year ended 31 March 2024. Respo.nsibilities and basis ot 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 with the requirements of Charities Act (Northem Ireland) 2008 (the '2008 Act.) and the Companies Act 2006 ('the 2006 ACY). You are satisfied that the accounts of the company are not required by charty 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 Charty's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have tollowed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 ACL Independent examinerfs statement I have completed my examination. I confirm 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 kept in respect of the charity as required by section 386 of the 2006 Act; or the financial statements do not accord with those records; or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than ary requiremenl Ihat the accounts give a 'true and fairf view which is not a matter considered as part of an independent examinalion; or Ihe financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I confirm that there are no other matters lo which your attention should be drawn to enable a proper understanding of the accounls to be reached. FCA Joseph J Murray FCA Independent Examiner 30b MARK SQUARE DROMORE CO. DOWN BT25 1AW 26 September 2024
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Statement of Financial Activities (including income and expendilure account) Year ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds No Income and endowments Donations and legacies Charitable activities Investment income Other Income 224,061 54 398 9,642 224,061 3,798 398 9,642 237,899 171,141 4,843 450 9,642 3,744 Total income 3,744 J4.155 186,076 Expenditure Expenditure on Chilable activit5es Total expendlture 9,10 14.913 203.676 218,589 194,363 14,913 203,676 218,589 194.363 Net incomel(expendhure) and nel movement In funds (11,169) 30,479 19,310 (8.287} Reconciliation of funds Total funds brought forward Total funds Carrled forward 211,333 211,333 219,620 200,164 30,479 230,643 211,333 The statement of financial activities includes all gains and losses recognised in the year. A]1 income and expenditure derive from continuing activitie& The rleS on pages 8 to 18 forn) part of those lin•n¢ial slalement&
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Fixed assets Tangible fixed assets 16 119,896 133,896 Current assets Debtors Cash at bank and in hand 17 45A54 150,633 1,064 169,263 195,987 170,327 Creditors: amounts falling due within one year Net current assels 18 7,991 186,004 162.336 Total assets less current Ilabllftles 296,232 Credltors: amounis falllng due after more than one year Net assets 19 75.257 230,643 84,899 211,333 Funds of the charity Unrestricted funds 230,643 211,333 Total charity funds 230,643 211,333 For the year ending 31 March 2024 the charity was entitled to exemption from audil under section 477 of Ihe Companies Act 2006 relating to small companies. Directors, responsibilittes: The members have not required the company to obtain an audtt of its financial statements for th8 year in question in accordan with seclion 476", The directors ad(nowledge their responsibilitles for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The statement of financial position continues on the following page. The noles on pages 8 to 18 forni part of these financlal statement&
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Statement of Flnanclal Position (con 31 March 2024 These financial statements were approved by the board of trustees and aLrthorised for issue on 26 Seplember 2024, and are signed on behalf of the board by: Dr Jenny Gingles Trustee The notes on pages 8 10 18 torni part of theso flnanclal statements.
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Slatements Year ended 31 March 2024 General information The charty is a wblic benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charty in Northem Ireland. The address of the registered office is Kircubbin Communty Centre, 4 Church Grove, Kircubbin, BT22 2SU. Stalemenl of compllance These financial statements have been prepared in compliance with FRS 102. The Financial Reporting Standard applicable in the UK and the Republic ol Ireland., the Statement of Recommended Practic8 applicable to chartties preparing thair accounts in accordance with the Financia] Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP {FRS 102)) and the Companies Act 2006. Accounting pollcles Basls of preparation The financial slatements have been prepared on the hlstorical cost basis, as modified by the revaluation of c8rtain financia] assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepa in sterling, which is the functional currency of the enlty. Golng concern There are no material uncertainlies alxiut the chartys abilty to continue. Disclosure exemptions The entity satisfies the criteria of being a qualrfying 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 taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: {a) No cash ffow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. Judgements and key sources of 88timatlon 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 continuaily 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 (conthiu¢dJ Year ended 31 March 2024 Accounting policies (contind) Fund accounting Unrestricted funds are available for use at the diSCren of the trustees to further any of the charity's purposes. Designated funds are unrestrtcted funds eamiarked 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 temis of an appeal. and fall into one of two sutrrflasses: restrtcled income funds or endowment funds. Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charty" Èt is probable that the economic benefits associated with the transaction will flow to the charty 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 gift, receipt is probable and its amount can b8 rneasured reliably. legacy income is recognised when receipt is probable entitlement is established. income from donated goods is measured at the fair vatue of the gocmjs unless this is impractical to measure reliabty, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services 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 wrth 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 particular purpose and relumed if unspent, in which case it may be regarded as restricted.
Penlnsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (Mndni*d) Year ended 31 March 2024 Accounting pollcles (contin Resources expended ExpendÈture is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activf(ies lo which it relates- expenditure on rasing funds includes the costs of all fundrasirvJ activities, events, non-charitable trading activities, and the sate of donated goods. eXnditUre on charitable activities includes all costs incurred by a charty in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charttable activities. other expenditure includes all expendiiure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activty are ailocated directty to that actiwty. Shared costs are apportioned between the activilies they contribute lo on a reasonable, justifiable and consistent basis. Tanglble assets All fixed assets are initially recorded al cosL Deprecialion 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 Propety and Equipment, Ftxtures & Fiitings consecutively: Freehokl Property Equipment and Fixtures 4Yg Straight line 20¥0 reducing balance Impalrment of fixed assets A review for indicators of impaimient is carried out at each reporting date, with the recoverable amount being estimated where such indicators exisL Where the carrying value exceeds the recoverable amounL the asset is impaired accordingly. Prior impaimients are also reviewed for possible reversal at each reporting date. For the purp)ses 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 cash4Jenerating untt is the smallest identifiable group of &ets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impaimwnt testing of goodwill, the goodwill acquired in a buslness combination is, from tho acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabiif(ies of the charty are assigned to those units. 10
Peninsula Healthy Living Partnership Limited Company Llmlted by Guarantee Notes to the Financial Statements (conrfnwd) Year ended 31 March 2024 Accounting policies (eonrfnued) Government grants Government grants are recognised at the fatr value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be recerved. Where the grant does not impose specrfied fuiure perfomiance-related conditions on the recipient, it is recognlsed in income when the grant proceeds are received or receivable. Where the grant does impose specffied future perfrjrmance-related conditions on the reciplent, 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. Flnanclal Inslwments A financiai asset or a financial liability is recognised only when the charity becomes a paty to the contractual provisions of the instrumenL Basic financial instruments are initially recognised at the amount receNable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or receNed and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in irKome and expenditure. All other such investrnents are subsequently measured at cost less impairment. Other financial instruments, including derivatives. are initially recognised al fair value. unless payment for an asset is defeed beyond nomial business terms 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 fLJture payments discounted at a market rate of interest for a similar debt instrument. Other financia] instnjments are subsequently measured at fair value, with any changes recognised in the statement of financial activilies. wtth the excemion of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed lor object¢ve evidence of impaimient at the end of each reporting date. If there is objeclive evidgnce of impairmenl, an impalrment loss is reco3nised under the appropriate heading in the statement of financial activtties in which the initial g&n was recognised. For all equity instruments regardless of signrficance, and olher financial assets that are individually significant, these are assessed individually for impairment. Other financial 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 (wi Year ended 31 March 2024 Accounting polieies (Contin1) Financial instruments (conllnwdj Any reversals of impairment are recognised immediately, to the extent that the reversal does not resuEt in a carying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined conlrlbutlon plans Contributions to defined contribution plans are recognised as an expense in the period in which the related seryice is provided. Prepaid contributions are recognised as an &sset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected io be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense In the period in which it arises. Limited by guarantse Peninsula Hea]thy Living Partnership Limtted is a company limited by guarantee and does not have a share capital. The liabilty of each member is limited to an amount not exceeding £1. Donatlons and legacies Restricted Tolal Funds Furmts 2024 Restricted Total Funds Funds 2023 Grants Public Health Agency - Healthwise Public Health Agency - Core Grant MDT Seed Funding Derg Valley HLC Social Prescribing ANDBC- Hardship Fund HLC Alliance - Transforni Your Tmlley Programme HLC Alliance - Heritage for Health HLC Alliance - Smoking Cessation Mobilisation HLC Alliance - Better Days Pain Management SE Mind Matters ICDRCN Big Lottery Grant - Hens Shed CDHN Elevate 4,189 118.767 6.600 5,751 10,944 4,189 118.767 6.600 5,751 10.944 1,105 124,706 1,105 124,706 14,382 14.382 2,000 7,744 7,744 2,000 65,352 2,000 65A52 4,400 15,996 8,696 1.856 4,400 15,996 8,696 1,856 171.141 464 464 224.061 224,061 171,141 12
Peninsula Healthy Living Partnership Limited Company Llmited by Guarantee Notes to the Flnanclal Ststements (wndnu Year ended 31 March 2024 Charltable activities Unrestricted Funds Restricted Total Funds Funds 2024 Pilates l Yoga Classes Gym sales Drama Wothshops Other income from charitable actmties - Dementia 1,130 2,614 1,130 2,614 3.744 3,798 Unrestricted Funds Restricted Total Funds Funds 2023 Pilates / Yoga Classes Gym sales Drama Workshops Other income from charitable activities - Dementia 4,520 323 4,520 323 4,843 4,843 Investment Income Restr¢ct8d Total Funds Funds 2024 Restricted Total Funds Funds 2023 Bank interest receivable 398 450 450 Other Income Restricted Total Funds Funds 2024 Restricted Total Funds Funds 2023 Deferred grant release 9,642 9,642 9,642 9,642 13
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (Conlthrf) Year ended 31 March 2024 Expendilure on charitable activities by fund typ8 Unrestricted Funds Restricted Totsl Funds Funds 2024 Healthy Living Programme Support costs 194.571 9,105 194,571 24,018 14.913 14,913 203,676 218,589 Unrestricted Funds Restricted Total Funds Funds 2023 HeaFthy Ltving Programme Support costs 2,776 10,372 171.682 9,533 174,458 19,905 13,148 181,215 194.363 10. Expendilure on charhable activities by activity type Actrvtties undertaken directy Support Total funds costs 2024 Total fund 2023 Heatthy Living Programine 194,571 24,018 218W9. 194.363 11. Analysis of support costs Total 2024 Total 2023 Communications and IT General office Governance costs 5.620 13,938 4,460 5,620 13,938 4.460 24,018 3,996 11.929 3,980 24,018 19,905 12. Net Incomel{expendlture) Net incomel{expenditure) is stated after chargingl(crediling): 2023 Depreciation of tanglble flxed assets 14,000 14.857 13. Independent examination fees 2024 2023 Fees payable to the independent examiner for: Independenl examination of the financial statements 1,000 1,000 14
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (conllnuedj Year ended 31 March 2024 14. Staff costs The total staff costs and employee benefits for the reporting F)eriod are analysed as follows: 2024 2023 Wages and salaries Employer contributions to pension plans 108,092 1,597 117,234 1,849 109,689 119,083 The average head count of employees during the year was 5 (2023: 9). The average number of full-time equivalent employees duriro th8 year is analysed as follows: 2024 No. 2023 No. Number of staff - Administration Number of staff - Gym & Classes Number of staff - Health Development Number of staff - Social Prescriber No employee received employee terrtS of more than £60,000 during the year (2023.. Nil). 15. Trustee remuneration and expenses No remuneration or other benefits from employrnent with the charity or a related entity were received by the trustees. 16. Tangible fixed assets Land and buildings Equipment Total Cost At 1 April 20rJ and 31 March 2024 Deprecialion At l April 2023 Charge for the year At 31 March 2024 264.407 80,755 345,162 147.633 10,576 63,633 3,424 211,266 14,000 225,266 158.209 67.057 Carrylng amounl At 31 March 2024 106.198 13.698 119,896 At 31 March 2023 116,774 17,122 133,896 15
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Statements (¢onlln Year ended 31 March 2024 17. Debtors 2024 2023 Trade debtors Prepayments and accrued income Other debtors 504 15,158 29,692 1.064 45A54 1,064 18. Credltors: amounts falling due wlthln one year 2024 2023 Accruals and deferred income Soclal securty and other taxes 8.000 1,983 9.983 6,825 1,166 7,991 19. Creditors: amounts lalllng due after more ihan one year 2024 2023 Accruals and deferred income 75,257 84,899 20. Deferred income 2024 2023 Al 1 April 2023 Amourrt released to income 109,117 (33,860) 75,257 109.117 (24.218) 84.899 At 31 March 2024 The amount induded as deferred income relates to sums totalling £109,117 received as government capilal grants during the years ended 31 March 2014. 2015 and 2017. Such grants are reviewed annually and are released to income on a consistenl basis according to factors such as the temis of the indrvidual grant, the period lapsed since their reIpt and the likelihood of their repayment being necessary. During the year an amount of £9,642 (2023: £9,642) was released to irwme as shown in Note 8 on Page 13. This means that at 31 March 2024 a cumulative total amount of £33,860 (2023: £24,218) had been released to the Income & Expenditure Account to date. 21. Pensions and olher post retiremenl benefits Defined conlrlbutlon plans The amount recognlsed in income or expendilure as an expense in relation to defined contribution plans was £1,597 (2023: £1,849). 16
Peninsula Healthy Living Partnership Limited Company Limited by Guarantee Notes to the Financial Stalements (¢onUnu8d) Year ended 31 March 2024 22. Govemment grants The amounts recognised in the finarKial statements for government grants are as follows: 2024 2023 Recognised In creditors: Deferred govemment grants due after more than one year 75257 84,899 23. Analysis of charilable funds Unrestrlcted funds Al 31 March 20 24 At 1 April 2023 Income Expenditure TraTEfers Unrestricted Fund 211,333 3,744 (14,913) 30,479 230,643 At 31 March 20 23 At 1 April 2022 Incorne Expenditure Transfers Unrestricted Fund 219.620 4,843 (13.148) 18 211,333 Restricted lunds At 31 March 20 At 1 April 2023 Incorne Expenditure Transfers Restricted Fund 234,155 (203,676) {30.479) At 31 March 20 At 1 April 2022 Income Expenditure Transfers Restricted Fund 181,233 (181,215) (18) 17
Peninsula Healthy Living Partnership Limited Company Limited by Guarante8 Notes to the Financial Statements (condnwd) Year ended 31 March 2024 24. Analysis of net assets between funds Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors greater than 1 year Net asseis 119,896 119,896 186,004 186.004 (75,257) (75.257) 230.643 230,643 Unrestiict8d Total Funds Funds 2023 Tangible fixed assets Current assets Creditors greater than 1 year Net assets 133,896 162.336 (84,899} 211,333 133,898 162.336 (84,899) 211.333 18