The Canoe Association of Northern Ireland
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2024
Company Number.. N11637999
Charity Number: 103944

The Canoe Association of Northern Ireland
CONTENTS
Page
Reference and Administrative Information
Trustees, Annual Report
Statement of Trustees, Responsibilitie5
Independent Examinerfs Report
10
Statement of Financial Activtties
11
Balance Sheet
12
Notes to the Financial Statements
13-17

The Canoe Association of Northern Ireland
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Sandra-Lee Campbell
Jonathan Caren
Stephen Coig
Philip Brunt (R8signed 29 November 2023}
Bobbie Milligan (Resigned 7 February 20241
Alan Branagh (Appointed 29 November 20231
lain Mccarthy (Appointed 29 November 2023)
Gareth Mahood
Charity Number In Northern Ireland
103944
Company Registration Number
N11637999
Prlncipal Address
Belfast Boat Club
12 Lockview Road
Belfast
BT9 5FJ
Northem Ireland
Independent Examiner
Allen Fleming
Old Bank House
161-163 Upper Lisburn Road
Belfast
BT10 OLJ

The Canoe Association of Northern Ireland
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
The trustees present their Trustees. Annual Report, combining the Directors, Report and Trustees, Report, and the
unaudited financial stalemenls for the financial year ended 31 March 2024.
The financial statements are prepared in accordan￿ with the Companie5 Act 2006, FRS 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities..
Statement of Recommended Practi￿ applicable lo charities preparing their financial statements in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102).
The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the
statement of Recommended Practice ISORP} guidelines. The trustees of the charity are also charity trustees for the
purpose of charity law and under the charity's constitution are known as members of the board of trustees.
In this ￿port the trustees of The Canoe Association of Northern Ireland present a summary of ils purpose,
governarn￿, activities, achievements and finances for the financial year 31 March 2024.
The charity is a registered charity and hen￿ the report and results are presented in a fom which complies with the
requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Rgcommended
Practice applicable in the UK and Republic of Ireland FRS 102. the organisation has implemented ils
recommendations where relevant in these financial statements.
Mission, Objectives and Strategy
Objectives
The charity's objects are specifically restricted to the promotion of the following purposes for the benefit of the public..
1. To advan￿, promot6. manage. co-ordinate, and develop canoeing and paddlesport in all its forms and in doing so
to act as the national goveming body for canoeing in Northern Ireland
2. To advarsce commLtnity development in Northern Ireland by way of engaging members of local communitie5
throughout Northern Ireland of all ages and abilities with canoeing. paddlesport and related activities
3. To advanc8 any other exclusively charitable purposes as the directors may from time to time decide in accordan
with the law of charity in Northern Ireland.
Structure, governance and management
The Canoe Association of Northern Ireland (CANII is governed by a voluntary Board of Directors and Trustees who
set the strategic objectives for the Association and receive regular reports on the Associations progress and
performan￿ against the achievement of those objectives.
During 23124 lain Mccarthy and Alan Branagh joined as Directors and Trustees,. we welcome them to the Board.
Two directors stood down Philip Brunt and Bobbie Milligan, we thank them for their tsme and service to CANI.
CANI relies greatly upon a volunteer workforc8 to support the small number of permanent staff.
Ourtng 23124 CANI continued to support the new management structure lo ensure the successful delivery of our
strategic aims and objectives. CANI will continue to wortr towards the full implementation of the revised structure to
ensure the Successful delivery of our strategic objectives.
Also, during 23124 CANI developed and launched ils Strategic Plan for 2023 - 2028, which is based on the following
key ambitions, Organisation, Members, Safety, Community, Recreation, Learning & Development, Pathway to
performan￿ and Success. Throughout the year, CANI worked on rebranding from CANI to Paddle Northern Ireland
in collaborats'on with British Canoeing, Canoe Wales, and the Scottish Canoe Association to ensure a clear and
unified brand across all national associations. CANI look foMard lo operating as Paddle Northern Ireland in the future
to implement the Strategy for Paddle sport in Nothern Ireland.
The Board would like to thank everyone, both staff and volunteers, who enable events, training. committees, coaching
sessions, and recreational events lo lake pla￿.
Review of A¢tlvlties, Achievements and Perfomianco
1} ORGANISATION
i) FSCA..
CANI continues to hold its robust rating in the Sport Nl Financial Systems and Controls Assessment (FSCA)
ill JuslGo Membership..
Throughout 2023124, CANI continued to enhance ils JuslGo Membership system to ensure a high level of digital
proficiency. Additionally, CANI has been implementing changes to incorporate the new branding within the JuslGo
stern throu
hased a
roach. which will continu8 into 2024. Durin
this period. CANI worked with JustGo lo

The Canoe Association of Northern Ireland
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
develop a digital wallet. This project was paused to align with our nèw branding and trading narne, Paddle Northern
Ireland, and is set to launch this year.
illl Membership Ezine..
The Membership Ezine re￿iVed a fresh new look with our new Paddle Northern Ireland branding. It continues to be
circulated to members, providing the latest safety advice, hot topics, and paddling infom)ation.
iv) Ac￿SS Nl..
Access Nl applications were processed by CANI during the year. CANI retains it registered body status and continue
this important service for CANI Clubs, coaches. leaders and volunteers.
vl Website..
During 2023124. CANI developed a new website to reflect the new brand, Paddle Northern Ireland. We h[￿d a
professional photographer and videographer to enable us to capture footage of our members in various locations
paddling around Northern Ireland. This has been incorporated into the new website. The website was fully designed
by 31st March 2024. However, we delayed the launch until after our EGM, Whe￿ we resolved to char)oe our name
from the Cgnoe Association of Northern Ireland to Paddle Northem Ireland. The new website was officially launched
on the 15th April 2024.
vil Brand
CANI continued to promote its brand through the website, soc121 media, and e-zine. expanding ils reach to promote
paddlesport within the community. For entry-level awards like Paddle Safer and Paddle Start. participants receive
their ￿rtIficateS via email along with links to CANI and other national associations.
Throughout the year, CANI worked on rebranding from CANI lo Paddle Northem Ireland in collaboration with British
Canoeing, Canoe Wales, and the Scottish Canoe Association to ensure a clear and unified brand across all national
associations. Our new brand was launched in April following an EGM for the name change, coinciding with the
introduction of a new website and social media channels.
vil} Places
Securing access points and pemanent facilities for all aspects of the sport is a key priority for CANI. This year, our
efforts have primarily focused on collaborating with local aulhorrties to ensure the maintenance of canoe trail a￿$$
and egress points, with plans established for their ongoing upkeep.
viiil Funding-.
CANI was successful in securing funding from Sport Nl's Sport Systems Inveslment for the peric¥J 2023-2028. This
investment supports 2 staff positions within the organisation and provides funding for athleles parbcipating in Olympic
disciplines.
ix) Recognition of Stand Up Paddleboarding..
Throughout 2023124, CANI has maintained close collaboration with Paddle Scotland, Canoe Wales, Paddle UK, and
Sports CoLJncils. We are also actively working with Sport Nl to 8chieve recognition as the National Governing Body for
Stsnd Up Paddleboarding in Northern Ireland.
21 MEMBERS
1,059 people have gained qualifications or awards from 1st April 2023 10 31st March 2024.
CANI has recruited new Tutors to deliver its qualificatior+s and awards, supporting them through eLeaming, online
webinars. orientations, moderations, and final recommendations. Additionally, CANI continues to support the club
volunteer workforce, building capacity and resilience for the future.
3) SAFETY
Safety remains a core focus for CANI. Ongoing safety messaging covered key areas induding offshore wind risks for
SUPS, Well's disease, and winter paddling advice. A significant campaign, 'Get wet stay safe,. was launched in
partnership with Tollymore National Outdoor Centre. Sport Nl, and Swim Ulster to improve safety awareness for
stand-up Paddle Boarders and Sit-on-Top Kayakers. This campaign, alongside additional safety initiatives and new
courses, underlines CANI'S dedication to creating a secure paddling environment.
CANI'S Delivery Centre played a pivotal role in enhancing safety provision through the delivery of a range of BCAB
safety courses. Over the reporting period. the Centre suc￿SsfUllY launched and administered courses including
Inland Open Watsr Safety Rescue, Sea Kayak Safety Rescue, Surf Kayak Safety and Rescue, Introduction lo While
Water Safety, Safer Recruitment E-leaming, White Water Safety. Safeguarding Refresher, Advanced White Water
Safety, SUP While Water Leader, and Swimmer Safety ar7d Rescue. To support this expanded course offering,
recruitment and orienlalion prO￿sS was implemented to onboard new tutors. ensuring the ongoing delivery of
high-quality safety trainino across the ne￿ork.

The Canoe Assoclation of Northern Ireland
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
4) COMMUNITY
il British Canoeing and National Associations
CANI is a small organisation that relies on strong partnerships in Northern Ireland, the Republic of Ireland, and the
UK. CANI has worked closely with Sport Nl, our main funder, through the Sports System Investment for Govem
Bodies. Additionally, CANI collaborates with British Canoeing. the Scottish Canoe Association. and Canoe Wales
through the federal agreement,
CANI Offi￿rS and volunteers continue to support the development of paddlesport throughout the UK by participating
in the following British Canoeing and other national association groupslcommittees..
British Canoeing Board
UK CEO Group
Coaching Leadership Strategy Group
Educab'on Operations Group
Safety Advisory Panel
Safeguarding Cases Cross Jurisdiction Working Group
Safeguarding Steering Group
British Canoeing Technical Committees
Delivery Partner Scheme Strategy Group
Delivery Partner Scheme Marketing Group
RNLI SUP Safety Group
CANI also collaborates closely with Canoeing Ireland's staff and slalom committee to support Nl athlete5. Throughout
the year, CANI works with various organisations including the Northern Ireland Sports Forum {NISFI. Female Sports
Forum, DAERA, Scouts Nl, Sea Cadets Nl, Duke of Edinburgh, Disability Sport Nl, Belfast City Council and other
local councils, Waterways Ireland. the Mary Peter5 Trust, Equality Commission, HM Coastguard, RNLI, The Rank
Foundation, Tourism Nl, and other National Governing Bodies.
li) The Outdoor Partnership
CANI maintains a strong partnership with The Outdoor Partnership. which has established a presen￿ in both the east
and west ol Northern Ireland during 2023124. CANI actively supports The Outdoor Partnership's initiative.
iii) Community Organisation Engagement..
CANI has continued to advan￿ the British Canoeing Delivery Partner Scheme, initiating discussions with Scouts Nl
and Sea Cadets Nl to integrate the program within their organisations. Collaborative efforts With the Coastguard have
been maintained to enhan(x safety and awareness for the paddling community. CANI has proactively disseminated
safety infomation, particularly focused oll Sland Up Paddleboarding, through its website and social media channels.
51 RECREATION
a} Participation
i) Recreational Paddles-.
Throughout 2023124. we successfvlly hosted 6 recreational paddles, attracting 151 participants with an equal gender
split. We extend our thanks to Ulster Canoe Club for leading these events and to the local clubs for their support.
ii) Get Wet Stay Safe- Safety Campaign
CANI has been linked with the Get Wet stay Safe Safety Campaign for Stand Up Paddleboard and Sit on Top Kayak
safety awareness. In 23124 there was 148 Stand Up Paddleb02rders and 48 Sit on Top Kayakers attended these
programrnes.
illl Activity Centres and Providers..
Paddlesport parbcipation has surged, with thousands of new participants engaging in activities offered by Activity
Centres and Providers across Northern Ireland. Stand Up Paddleboarding and Sit on Top Kayaking have seen
particularly significant growth. CANI has been actively encouraging these providers to join the Delivery Partner
Scheme. which continues lo expand successfully.
b) Clubs
i) Club Numbers-.
The clubs have been busy throughout 23124 and we are back up to 20 clubs with 868 members.
ill Club Support..
The Head of Operations has given additional guidan￿ and support to club rnembers through a variety of resour￿$
such as, eLearning's. online meetings and ongoing support from officers within CANI.
iiil Standards for Deployment
CANI has worked in partnership with British Canoeing, The Scottish Canoe Association and Cano8 Wales in the

The Canoe Association of Northern Ireland
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 March 2024
development of the Standards for Deployment for Clubs, Discipline CommTttees and Delivery Partners. This was
launched 7th May 2024.
6) LE4RNING & DEVELOPMENT
i) CANI Delivery Centr8-.
CANI selves as the Delivery Centre for British Canoeing Awarding Body {BCABI, managing all qualifications and
awards within Northern Ireland. During 2023124, CANI completed tsvo audits with BCAB, resulting in the maintenanc8
of compliance and a transition to a Low-Risk Delivery Centre. The Paddlesport Instructor, SUP Instructor, and Coach
Award also hold a standard risk rating.
CANI ensured standardisalion across all courses through various methods, including field visits, remote
slaridardisation, and dgsktop reviews. Tutors, Assessors, and Providers were kept up to date with developments and
changes via the CANI website, emails. phone, webinars, orientations, and moderations. Add4tionally, CANI continued
to support and develop Ashley Hunter in his role as CANI Slandardisation Officer lo further enhanc8 the CANI
Delivery Centre.
In October 2023, CANI launched recrLtitment for new tutors in Coaching, Leadership, and Safety. We SLtc¢essfully
r8cruited and orientated".
10 Aspirant Tutors for Paddlesport Instructor IPSI}
5 Aspirant Tutors for SUP Instructor (SUPII
3 Aspirant Tutors for Paddlesport Leaders IPSL)
6 Aspirant Tutors for Paddlesport Touring Leader {PSTL}
7 Aspirant Tutors for Paddlesport Safety and Rescue IPSRI
3 Aspirant Tutors for Intro lo While Water Safety IIVVWSI
6 Aspirant Tutors for Inland Open Water Safety and Rescue {IOWSRI
6 Aspirant Tutors for Sea Kayak Safety and Rescue {SKSRI
CANI continued to support these aspirants on their journey in achieving their full Tutor status.
ii) Qualifications and Awards..
Throughout 2023124, the number of qualifications and awards issued has remained consistent with last year's figures.
This stability suggests thal the significant increase in completions over the past kn years has established a new
baseline.
71 PATHWAY TO PERFORMANCE
Our perfOnman￿ athletes in Paracanoe, Slalom & Sprint continued to perfom well at European and World events.
Paracanoe athlete Jonny Young had a remarkable season. silver medallist al the 2023 World Championships, Gold
medalli5t at the 1st World Cup and Silver medallist at the 2nd World Cup. Sprint athlete Afton Filzhenry was injured
during the 2023 season but has reCoVe￿d well and been confirmed on the GB International Team for 2024. Slalom
alhleles Jake Co¢hrane and Ali Mccreery have continued to improve their world rankings with Jake narrowly missing
the Team Ireland Olympic place in the C1 event. Ali has been performing well in the newer Kayak X event and was
focussing on qualification for Paris 2024. In Canoe Polo local teams Annalong Canoe & Kayak Club and Ulster
Canoe Polo travelled to Spain to compete in the 2023 European Canoe Polo Club Championships and six athletes
from Northem Ireland competed for GB teams at the Canoe Polo European Championships in Germany.
8) SUCCESS
Throughout 2023124, CANI achieved significant success across muRiple areas. We maintained a strong rating in the
Sport Nl Finanaal Systems and Controls Assessment, revamped our digital platfomis to reflect our new Paddle
Northern Ireland branding, and Suc￿ssfullY secured new funding. Our efforts in safety, member engagement, and
community collaboration, along with the continued growth in recreational paddlesport and club membership,
underscore a highly successful year for the organisation.
Financial Revlew
The results for the financial year arè sel out on page 11 and additional notes are provided showing income and
expenditu￿ in greater d81ail.
Results and Dividends
At the end of the financial year the charity has assets of £127,63412023 £112,7831 and liabilities of £25,56512023
£35,995). The net assets of the charity have increased by £25,281.

The Canoe Association of Northern Ireland
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 March 2024
Trustees
The trustees who setved throughout the financial year, except as noted, were as follows..
Sandra-Lee Campbell
Jonathan Caren
Stephen Craig
Philip Brunt (Resigned 29 November 2023)
Bobbie Milligan (Resigned 7 February 2024}
Alan Branagh (Appointed 29 November 2023}
lain Mccarthy {Appointed 29 November 2023)
Gareth Mahood
In accordance with the Constitution, the trustees retire by rotation and. being eligible. offer themselves for re-election,
Compliance wlth Se¢tor-Wid9 Legislation and Standards
The charity engages pro-actively with legislation. standards and codes which are developed frjr the sector. The Canog
Association of Northern Ireland subscribes to and is compliant with the following".
The Companies Act 2006
The Charities SORP {FRS 1021
Approved by the Board of Trustees on
and slgned on Its behalf by:
Sandra-Lee Campbell
Trustee

The Canoe Association of Northern Ireland
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the financial year ended 31 March 2024
The Iruslees, who are also directors of The Canoe Association of Northern Ireland for the purposes of company law,
are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that
law the trustegs have elected to prepare the financial slalements in accordan￿ with United Kingdom Generally
Accepted Accounting Practice (United Kirigdom Accounting Standards and applicable lawl including FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland Section 1A (Small Enliliesl. Under
company law the trustees must not approve the financial slalements unless they are satisfied that they give a true and
fair view of the state of affairs of the company and of the profit or loss of the company for that period.
In preparing th858 financial statements, the trustees are required to..
select suitable accounting policies and apply them consistently.,
make judgements and ests'males that are reasonable and prudent",
slate whether the financial ststements have been prepared in accordance with the relevant financial repotting
framework. identify those standards, and note the effect and the reasons for any material departure from those
standards,. and
prepare the financial slatements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees confirm that they have complied with the above requirements in p￿parIng the financial statsments.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the
charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and
enable them to ensure that the financial statements comply with. They are also responsible for safeguarding the
assets of the charity and h8nce for tsking reasonable steps for the prevents'on and delection of fraud and other
irregularities.
Approved by the Board of Trustees on
3> L41
and signed on its behalf by:
Sandra-Lee Campbell
Trystee

The Canoe Association of Northern Ireland
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF THE CANOE ASSOCIATION OF NORTHERN IRELAND
We hav8 examined the fin8ncial statements ofthe charity for the financial year ended 31 March 2024. which comprise
the Statement of Financial Activities {incoTporating an Income and Expenditure Account), the Balance Sheet and the
related notes.
This report is made solely to the charity's members. as a body, in accord8nce with Chapter 3 of Part 16 of the
Companies Act 2006. Our work has b88n undertaken so that we might compile the financial statements that we have
been engaged to compile, report to the Board of Trustees that we have done so, and state those matters that we have
agreed to slate to them in this report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for our work,
or for this report.
Rospective rèsponsibilities of trustees and exarniner
The charity's trustees {who are also the directors of the company for the purposes of company lawl are responsible
for the preparation of the financial glalements in accordan￿ with the requirements of the Companies Act 2006. The
charity's trustees consider that an audit is not reqL+ired for this financial year under Chapter 3 of Part 16 of th8
Companies Act 2006 and that an independent examination is required.
It is our tssponsibility to=
examine the financial ststements under section 65 of the Charities Act,.
follow the prO￿d￿re$ laid down by the general Directions given by the Charity Commission for Northern Ireland
under section 65(91(b} of the Charities Act., and
state whether particular matters hav8 come to our attention.
Basis of independent examinerfs report
We have examined your Gharity financial statements as required under section 65 of the Charities Act and our
examination was carried oijt in accordance with the general Directions given by the Charity Commission for Northern
Ireland under section 6519llbl of the Charities Act. An examination includes a review of the accounting r8cords kept
by the charity and a comparison of the financial statements presented with those records. It also includes
consideration of any unusual items or disclosures in the financial statements and seeking explanations from the
trustees concerning any such matters. The pro¢edures undertaken do not provide all the eviden￿ that would be
required in an audit and consequently no opinion is given as to whether the accounts present a llrue and fair, view
and the report is limited to those matters s8t out in the statement below.
In connection with our examination, no matter has Come lo our attention which gives us causg to believe that in. any
material respect".
account￿ng records were not kept in accordance with section 386 of the Companies Act 2006
the financial statements do not accord with those accounting records
the financial statements have not been prepared in accordan￿ with the accounting ￿qU1￿ments of section 396 of
the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS1021
the￿ is further infonnation needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
We have no COn￿r￿S and have corne across no other matters in connection with the examination to which attention
should be dr8wn in this report in order to enable a proper understanding of the financial statements to be reached.
PrI￿-
Allen Fleming
Old Bank House
161-163 Upper Lisburn Road
Belfast
BT10 OLJ
IIILIA
10

The Canoe Association of Northern Ireland
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating an Income and Expendlturè Ae¢ountl
for the financial year ended 31 March 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Total Unrestricted Restricted
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notes
Income
Donations and legacies
Charitable activities
Govemance
51,023
122,169
173,192
50,867
94,495
145,362
2,142
2,142
2,856
2.856
Total income
51,023
124,311
175,334
50,867
97,351
148,218
Expenditure
Raising ftjnds
Charitable activities
13,548
12,194
32.071
92,240
45,619
104,434
10,827
29,009
26.199
67.072
37,026
96,081
Total Expenditure
25.742
124,311
150,053
39.836
93,271
133,107
Net incomel(expendlture}
25,281
25,281
11,031
4,080
15,111
Transfers tse￿een funds
Net movement in lunds for
the financial year
25,281
25,281
11,031
4,080
15,111
Reconciliation of funds:
Total funds beginning of the
year
14
63.822
12,966
76,788
52,791
8,886
61,677
Total funds at the end of
the year
89.103
12,966
102,069
63.822
12,966
76,788
The Statement of Financial Activities includes all gains and losses recognised in Ihe financial year.
All income and expenditure relate to continuing activities.
The notes on pages 13 10 17 forrn part ot the financial stslemenls
11

The Canoe Association of Northern Ireland
Company Number.. N11637999
BALANCE SHEET
a5 at 31 March 2024
2024
2023
Notes
F5xed Assets
Tangible assgts
14,189
18,885
Current Assets
Debtors
Cash at bank and in hand
10
14,331
99,114
16,382
77,736
113.445
94,118
Credttors: Amounts falling due within one year
11
(19,134}
(27,4221
Net Current Assets
94.311
66.696
Total Assets less Current Liabilities
108,500
85,381
Grants re¢elvablo
12
(6,4311
18,5731
Tolal Net Assets
102,069
76,788
Funds
Restricted funds
General fund lunrestrictedl
12.966
89,103
12,966
63,822
Total funds
14
102,069
76,788
Thes8 financial statements have been preparèd in accordan￿ with the special provisions relatsng to small companies
within Part 15 of the Companies Act 2006.
For the financial year ended 31 March 2024 the charity was entitled to exemption from audit under sectton 477 of the
Companies Act 2006., and no notice has been deposited under section 476.
The trustees confimi that the members have not required the company to obtain an audit of its financial statements for
the financial year in question in accordance with Section 476 of the Companies Act 2006.
The trustses acknowledge their responsibilities for ensuring that the charity keeps 2ccounting records which comply
with section 386 and for preparing financial slalements which give a true and fair view of the state of affairs of the
charity as al the end of the financial year and of it5 profit and loss for the financial year in accordance with the
requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applicable to the charity.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to
the small companies, regime and in accordance with FRS 102 'The Financial Reporting Stsndard applicable in the UK
and Republic of Ireland" applying Section 1A of that Standard.
Approved by the Board of Trustees and authorlsed for issue on
behalf by
Z4and Signed on tts
Sandra-Lee Carnp
Tru$t&e
The notes on pages 13 10 17 form part of tre financlal stslements
12

The Canoe Association of Northern Ireland
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
GENERAL INFORMATION
The Canoe Assouation of Northern Ireland is a company limited by shares incorporated in Northern Ireland.
The registered office of the charity is which is also the principal place of business of the charity. The financial
statem8nls have been presented in Pound {£} which is also the functronal currency of the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which are considered
material in relation to the charity's financial statements.
Bas1$ of proparation
The financial statements have been prepared on the going concem basis under the historical cost convention,
modified to include certain items at fair value. The financial statements have been prepared in accordance
with the Statement of Recommended Practi￿ (SORPI "Accounting and Reporting by Charities preparing their
accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland
FRS 102" applying Section 1A of that Standard.
As permitted by the Companies Act 2006, the charity has varied the standard fomials in that act for the
Statement of Financial Activities and the Balants Sheet. Departures from the standard formals are to comply
with the requirements of the Charities SORP and are in Complian￿ with section 4.7, 10.8 and 15.2 of that
SORP.
Statement of compliance
The fi'nancial stat8ments of the charity for the financial year ended 31 March 2024 have been prepared on the
going con￿rn basis and in accordan￿ with the Statement of Recornmended Practice ISORPI Accounting
and Reporting by Charities preparing their accounts in accordance with the Financi81 Reporting Standard
applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that standard.
Fund accountlng
The followlng are the categories of funds maintained..
Restricted funds
Restricted funds represent income re￿iVed which can only be used for particular purposes, as specified by
the donors. Such purposes are within the overall objectives of the charity.
Unrestricted funds
Unrestricted funds consist of General and Designated funds.
General fijnds represent amounts which are expendable at the discretion of the board, in ￿rtheranc8 of the
objectives of the charity.
Designated funds comprise unrestricted funds that the board has, at its discretion. set aside for particular
purposes. These designations have an administrative purpose only, and do not legally restrict the board's
discretion to apply the fund.
Income
Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally
entitled lo the income, performance conditions attached lo the ilem(sl of income have been met. the amounts
involved can be measured with sufficient reliability and it is probable that the income will be received by the
charity.
Income from charitable a¢tivitie$
Income from charitable activities include income eamed from the supply of servic£s under contractual
arrangements and from performance related grants which have conditions that specify the provision of
particular services to be provided by the charity. Income from government and other co-fund8rs is recognised
when th8 charity is legally entitled lo the income because il is fulfilling the conditions contained in the related
funding agreements. Wh8r8 a grant is received in advan￿, its recognition is deferred and included in
creditors. ￿￿￿ere entitlement occurs before income is received, it is accrued in debtors.
Grants from governments and other co-funders typically include one of the following types of conditions-.
PerfonTlan￿ based conditions.. whereby the charity is contractually enlilled to funding only to the extent that
the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of
grant agreement. it recognises the related expenditure, to the extent that it is reimbursable by the donor, as
income.
13

continued
The Canoe Association of Northern Ireland
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
Time based conditions.. whereby the Charity is contractually entitled to funding on the condition that it is
utilised in a particular period. In these cases the charity recognises the income lo the extent it is utilised within
the period specified in the agr88ment.
In the absence of such conditions, assuming that receipt is probab18 and the amount can be reliably
measured, grant income is recognised once the oharity is notified of entitlement.
Grants received towards capital expenditu￿ are credited to the Statement of Financial Activities when
received or re￿1Vable, whichever is earlier.
Expenditure
Expenditure is analysed be￿en costs of charitable activities and raising funds. The cost5 of each activity are
separately accumulated and disclosed, and analysed according to their major components. Expenditure is
recognised when a legal or conslruclive obligation exists as a result of a past event. a transfer of economic
benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs
are those functions that assist the work of the charity but Cannot be attributed to one activity. Such costs are
allocated to activities in proportion to staff b'me spent or other suitable measure for each actiwty.
Tangible fixed assets and depreciation
Tangible fixed assets are stated al cost or at valuation, less accumulated depreciation. The charge to
depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated
residual value, over their expected usefvl lives as follows..
Mobile Office
Canoes and Trailers
Tools and Equipment
Office Equipment
10Vo Straight line
25¥0 reducing balance
250/0 reducing balan
25 10 reducing balance
Debtors
Debtors are recognised al the settlement amount due after any discount offered. Prepayments are valued at
the amount prepaid nel of any trade discounts due. Income recognised by the charity from gDvemrnent
agencies and other co-fvnders, but not yet received at financial year end. is included in deblors.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit al banks requiring less than three months notice of
withdrawal.
Taxation and deferred taxation
No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable
valued added lax is expensed as incurred.
Deferred tax is recognised in respect of all liming differences that have originated but not reversed at the
balan￿ sheet date where transactions or events hav& occurred at that dale that will result in an obligation to
pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences
between the charity's taxable profits and ils results as stated in the financial statements.
Deferred tax is MeaSu￿d on an undiscounled basis al the lax rates that are anticipated to apply in the periods
in which the timing differences are expected to reverse. based on tax rates and laws that have been enacted
or substantively enacted by thg balance sheet date.
INCOME
DONATIONS AND LEGACIES
Unrestri¢ted Restricted
Funds
Funds
2024
2023
Donations and legacies
51.023
122,169
173,192
145.362
CHARITABLE ACTIVITIES
Unrestrlctod Restricted
Funds
Funds
2024
2023
Grants from governments and other ¢o-funders:
Income from charitable activities
2,142
2,142
2,856
14

continued
The Canoe Association of Northern Ireland
NOTES TO THE FINANCIAL STATEMENTS
for the financial year 8nded 31 March 2024
EXPENDITURE
RAISING FUNDS
Direct
Costs
Other
Costs
Support
Costs
2024
2023
Raising funds
37,427
8,192
45,619
37,026
CHARITABLE ACTIVITIES
Dirèct
Costs
Other
Costs
Support
Costs
2024
2023
Governance Costs {Nole 4.31
104,434
104.434
96,081
GOVERNANCE COSTS
Dlre¢t
Costs
Other
Costs
Support
Costs
2024
2023
Charitable activities - governance
costs
104,434
104.434
96.081
SUPPORT COSTS
Cost of Governance
Raising
Costs
Funds
2024
2023
Support
8.192
104,434
112,626
94,437
ANALYSIS OF SUPPORT COSTS
2024
2023
Support
112,626
94,437
NET INCOME
2024
2023
Net Income is stated after charging1{creditingl:
Depreciation of tangible assets
Amortisation of grants receivable
4,476
(2,142)
5,664
12,8561
INVESTMENT AND OTHER INCOME
2024
2023
Amortisation of capital grants received
2,142
2,856
EMPLOYEES AND REMUNERATION
The staff costs comprise..
2024
2023
Wages and salaries
85.537
74,456
15

continued
The Canoe Association of Northern Ireland
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
TANGIBLE FIXED ASSETS
Mobile Canoes and
Office
Trailers
Tools and
Office
Equlpment Equipment
Total
Cost
At 31 March 2024
9,143
56,736
743
8,764
75,386
Depreclatlon
At 1 April 2023
Charge for the financial year
4,724
914
44,321
3,104
620
30
7,056
428
56,721
4,476
At 31 March 2024
5,638
47,425
650
7.484
61,197
Net book value
At 31 March 2024
3,505
9,311
93
1.280
14,189
At 31 March 2023
4,419
12.415
123
1.708
18,665
10.
DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
975
13,356
828
15,554
14,331
16,382
11.
CREDITORS
Amounts falllng due viithin one year
2024
2023
Trade creditors
Taxation and social security costs
Accruals and deferred income-.
Pension accrual
Other accruals
1,182
1,829
4.944
2.190
449
15,674
371
19,917
19,134
27,422
12.
GRANTS RECEIVABLE
2024
2023
Capital grants re¢eived and receivable
At 1 April 2023
34,366
34,366
Amortisation
At 1 April 2023
Amortised in financial year
(25,793>
{2,142)
122.9371
{2,856)
At 31 March 2024
(27,935)
125,7931
Net book value
At 31 March 2024
6,431
8,573
At 1 April 2023
8,573
11.429
16

continued
The Canoe Association of Northern Ireland
NOTES TO THE FINANCIAL STATEMENTS
fr)r the financial year ended 31 March 2024
13.
RESERVES
Funds
Sport Nl Govemance
fund
Totsl
At the beginning ofthe year
Sufplus for Ihe financial year
63,822
25,281
1,224
11,742
76,788
25,281
At the end of the year
89,103
1,224
11.742
102,069
14.
FUNDS
14.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Funds
Total
Funds
At 1 April 2022
Movement during the financial year
52.791
11,031
8,886
4,080
61,677
15,111
At 31 March 2023
Movement during the financial year
63,822
25,281
12,966
76,788
25,281
At 31 Mard) 2024
89,103
12,966
102.069
14.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2023
Income Expgnditure
Transfers
between
funds
Balance
31 March
2024
Restricted funds
Restricted
Unre$trlcted funds
Unrestricted General
12.966
124.311
124,311
12,966
63,822
51,023
25,742
89,103
Total funds
76,788
175,334
150,053
102.069
14.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- ¢harity use
Current
assets
Current Long-terni
liabilltles
deferred
Income
Total
Restricted funds
6,431
24,806
(11,840)
16,4311
12,966
Unrestricted general funds
7,758
88,639
(7,294)
89,103
14,189
113,446
(19,134)
16,431)
102,069
15.
POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the finanaal year-end.
17