Company registration number: N1037393 Charity registration number: NIC104524 Shopmobility Ballymena Limlted Company limited by guarantee Unaudited flnancial statements 31 March 2023 Shopmobility Ballymena Limited Company limited by guarantee Contents Page Directors and other information Trustees, annual report (incorporating the director's report) Independent examiner's report Statement of income and retained earnings Statement of financial position 9-11 Notes to the financial statements 12-18 Shopmobility Ballymena Lirnited Company limited by guarantee Directors and other information Chairman Maritia Jeynes Dlrectors Sue Elliott Maritia Jeynes Company number 1037393 Ragistered officè uhit 2 Tower Centre Wellington Street Ballymena BT43 6AH Business address Unit 2 Tower Centre Wellington Street B8llymena BT43 6AH Accountants Pprk McKillop and Company 51 Springwell Street Ballymena Co Antrim B1f43 6AT Bankers Fi'rst Trust Bank 78 Wellinglon Street Ballymena BT43 6AF Page 1 Shopmobility Ballymena Limited Company limited by guarantee Directors report Year ended 31 March 2023 The trustees, who are also the directors for the purpose of company law, present their report and the unaudited financial stalements of the charity for Ihe year ended 31 March 2023. Reference and administrativa dotails Registered ¢harity nam8 Shopmobility Ballymena Limited Charity registration number NIC104524 Company ragistration number N1037393 Principal office and registered Unit 2 office Tower Centre Wellington Street Ballymena BT43 6AH Trustees The trustees who served the company during the year were as follows.. Sue Elliott Maritia Jeynes Accountants Park McKillop and Company Chartered Accountants 51 Springwell Street Ballymena Co Antrim BT43 6AT Structure, governance and management The organisation is run by a committee. There is currently one employee within the organisation who is responsible for the daily administration of the charity. Volunteers provide support in the various branches. The company is limited by guarantee and does not have a share capital. Objectives and activities The objective of the organisation and its main activity is the provision of mobility equipment, motorised scooters and manual wheelchairs to people with limited mobility to access services and shops in Ballymena, Statement of compliance In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries. Page 2 Shopmobility Ballymena Limited Company limited by guarantee Directors report (continued) Year ended 31 March 2023 Achievements and perfomiance The organisation has been able lo secure sufficient funding to enable its existence into the foreseeable future, whilst being able to provide the public with a safe, friendly and efficient service within expected budgetary conslrainls. Financial review Having obtained funding from various sources, together with public and private donations, the organisation has been able lo maintain sufficient cash flow to continue operations uninterrupted. Small company provlslons This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. This report was approved by the board of directors on 22 August 2023 and signed on behalf of the board by.. Marilia Jeynes Trustee Page 3 Shopmobility Ballymena Limited Company limited by guarantee Independent examiner's report to the charity trustees of Shopmobility Ballymena Limited I report on the accounts of the company for the year ended 31 March 2023, which are set out on pages 6 to 18. Respective responsibilities of charity trustees and examiner As the charity's Irustees (and also the directors of the company for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the Companies Act 2006. The trustees consider that an audit is not required for this year under section 65(2) of the Charities Act (Northern Ireland} 2008 (the Charities Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to.. examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 6519){bl of the Charities Act state whether particular matters have come to my attention Basis of independent examlner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried oul in accordance with the general Directions given by the Charity Comm ission for Northern Ireland under seclion 65{9llbl of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented wilh those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance with section 386 of the Companies Aci 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Acl 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Irel8nd 4. That there is further informalion needed for a proper understanding of the 8ccounts to be reached Page 4 Shopmobility Ballymena Limited Company limited by guarantee Independent examiner's statement I have completed my examination and have no concerns in respect of the matters11) to (4} listed above and, in connection wilh following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Una McKillop FCA Chartered Accountants Ireland 22 August 2023 Park McKillop and Company 51 Springwell Street Ballymena Co Antrim BT43 6AT Page 5 ooff)O(N (O - Ln ¢5) O OLnu)Ovr,, - (O O) O ¢D U 73 o ￿ o (5) O O O (T) (O 00 (D (D o (r) ID r ￿ ID (Y CY fo (N G) ￿ o) <5> co -00￿0 t5) O Ln Il! Ln ts) o <0 { a) cn o) n o ) Ln 0)￿(00￿￿ O ¢3) ff) r Ill ID r t CD (O CQ Lr> C fn 3 o) (v uou 7) (u z r£ tl Shopmobility Ballymena Limited Company limited by guarantee Notes to the financial statements (continued> Year ended 31 March 2023 General information The company is a private company limited by guarantee, registered in Northern Ireland. The address of the registered office is Shopmobility Ballymena Limited, Unit 2, Tower Centre, Wellington Street, Ballymena, BT43 6AH. Statement of compllanca These financial statements have been prepared in compliance with the provisions of FRS 102, 'The Financial Reporting Slandard applicable in the UK and Republic of Ireland,, 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 (FRS 1021 (Charities SORP IFRS 102)) and the Charities Act (Northern Ireland) 2008. Accounting poli¢ios 8a$is of preparatlon The financial statements have been prepared on the historical cosl basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss The financial statements are prepared in sterling, which is the funclional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estlmatlon uncertalnty The preparation of the financial statements requires management lo make judgements, estimates and assumptions that affect the amounts feported. 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. 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 earmarked by the trustees for particular future projects or commitments. Restricted funds are subjecled to restrictions on their expenditure declared by the donor or through the lerms of an appeal. and f811 into one of two sub-classes.. reslricled income funds or endowment funds. Page 13 Shopmobility Ballymena Limited Company limited by guarantee Notes to the financial statements (continued) Year ended 31 March 2023 Turnover All incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable that the economic benefits 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 gift, 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 fair value of the goods unless this is impractical to measure reliably, 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 with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activites to which it relates, expenditure on raising funds includes Ihe cosls of all fundraising activities, events, non-charitable trading activites, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activites that further ils charitable aims for the benefit of the beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to ch8ritable activities. other expenditure includes all expenditure 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 activity are allocated directly to that activity Shared costs are apportioned be￿een the activites they contribute to on a reasonable, justifiable and consistent basis. Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In Ihis case, tax is recognised in other com prehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and pasl periods, Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted al the reporting dale. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent Ihat it is probable thal they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws thal have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Page 14 Shopmobility Ballymena Limited Company limited by guarantee Notes to the financial statements {continued) Year ended 31 March 2023 Tangible assets Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent il reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respecl of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respecl of that assel, the excess shall be recognised in profit or loss. Depreciation Depreciation is calculated so as to wrile off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Plant and machinery Fittings fixtures and equipment reducing balance reducing balance If there is an indication that there has been a significant Change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. Impairment 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 amounl, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 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 unil to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generales cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Page 15 Shopmobtlity Ballymena Limited Company limited by guarantee Notes to the financial statements {continued) Year ended 31 March 2023 Government grants Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants wi11 be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a granl relating to an asset is deferred, it is recognised as deferred income and not deducled from the carrying amount of the asset. Under the performance model, where the grant does not impose 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 performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a Financial instrurnents A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted al a market rate of interest for a sim ilar debt inslrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-pultable ordinary shares or preference 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 profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a rrarket rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interesl for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, 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 impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extenl that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Page 16 Shopmobility Ballymena Limited Company limited by guarantee Notes to the financial statements (continued) Year ended 31 March 2023 Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to 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 in finance costs in profit or loss in the period in which il arises. Limited by guarantee The company is limited by guarantee and does not have a share capital. In the event of the company being wound up the liability of each member is limited to £1. Employee numbers The average number of persons employed by the company during the year amounted to Nil12022'. 1), Profitlloss before taxatlon Profivloss before taxation is stated after chargingllcrediting}', 2023 2022 Depreciation of tangible assets 3,269 4,356 Tangible assets Short leasehold property Plant and Fixtures, machinery fittings and equipment Total Cost At 1 April 2022 and 31 March 2023 1,080 27,249 1,643 29,972 Depreciation At 1 April 2022 Charge for the year 14.223 3,257 1,585 12 15,808 3,269 At 31 March 2023 17,480 1,597 19,077 Carrying amount At 31 March 2023 1,080 9,769 46 10,895 At 31 March 2022 1,080 58 14,164 Page 17 Shopmobility Ballymena Limited Company limited by guarantee Notes to the financial statements {continued) Year ended 31 March 2023 Debtors 2023 2022 Trade debtors 3,322 Creditors: amounts falllng due wlthln one year 2023 2022 Social security and other taxes Other creditors 4,468 2,381 6,234 2,184 6,849 8,418 10. Creditors: amounts falllng du• after moro than one yèar 2023 2022 Other creditors 2,872 5,745 11. Contingent assets and liabilities There is a contingent liability in respect of grants received in that Shopmobilily Ballymena Limited is required to abide by the conditions specified in the offer of the grant by the grantor. 12. Controlling party The controlling party is the directors. 13. Comment on Department for Infrastructure funding The grant provided by the Department for Infrastructure, through the Transport Programme for People with Disabilities (TPPDI has been used solely for the purposes intended and in accordance with the terms and conditions of the grant. Page18