Company reglstratlon number. N1037393 Charlty rogtstratbn number: NIC104524 Shopmobility Ballymena Umlted company umttad by guarantee Unaudited financial statements 31 March 2024
Shopmobilty Ballymena Limlted Company Ilmtted by guarants• Contents Page Directors and other infomiation Trustees, annual report {incorporating the direciDrfs rep)rt) Independent examiners rew>rt Statement of income and retained earnings Statement of financial positDn 9-11 Notes to the financial statements 12-18
Shopmobity Baltymena Limited Company Ilmited ty guarantee Director8 and other Infomwtion Chalmian Marilia JeyrEs Dirnctors Sue El&ott Mara Jey Company number N1037393 Registered offic• Untt 2 Tower Centre Wellington Street Batymena BT43 6AH Business address Unit2 Tower Centre Wellington Street Ballymena BT43 6AH Ac¢ountants Park Mclfjllop and Company 51 Spring4vefl Street Baltymena Co Antrim BT43 6AT Banker4 First Trust Bank 78 WelllngtDn Street Ballymena BT43 6AF Page 1
Shopmobilty Baltymena Limited Company ilmw by guarantao Directors report Year ended 31 March 2024 The trustees. who are also the directors for the purp of company jaw, present their report and the unaud5ted financial statements of the charty for the yeer ended 31 March 2024. Reference and adminlstrative detalls Registered charlty name ShoFThObilty Bajtymena Limited Charlty registratlon number NIC104524 Company regIstraOn number N1037393 Prlnclpal office and registernd Unit 2 offico Tower Centre Wellington Street Baityména BT43 6AH Trustees The trustees who Served the CAJnpany during the yearwere as folbé&" Sue Elliott Maritia Jeynes Accountants Partr McKiHop and Company Chartered Accountants 51 Spring¥ll Street Balymena Co Antrim BT43 6AT Structure governan¢e and management The organisation is run by a committ. Thefe is cuEnty one employee within the oarE{sation who is reSnSIble 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 Objecttves and activrties The objective of the organisation and its main &tivty is the provision of mobilty 4uipment, motorised scooters and rnanual wheelchairs to p&)ple with limiteAI mobilrty to acttss services shops in B811ymen Slatemont of compliance In setting our objtiveS and planning our activities for the year Ihe trustees have given careful consideration to the Charity Commission for Northem Ireland's guidance on public benefit to ensure that the activits'es have helped to achieve the Gharitys purposes and provtde a benefft to the beneficiaries. Page 2
The lunds Yal1 at 31 March £28.585 agatst an arMKRI ¥AKI ot £99.11&
Shopmobility Bauymena Limited Company Ilmfted by guarnntee Independent examinets report to Ihe charity trustees of Shopmobility Baltymena Lfmited I report on the acGounts of the company for the year eed 31 March 2024. which are set out on pages 6 to 18. Respective responsibllhies of charity trustees and examiner A5 the charitys trustees (and also the directors of the company for the purposes of company you are re¥nSIble for the prep8ratK)n of the accoun18 in acccrdance with the Companies Act 2006. The trustees consider trtat an audit is not uIred for this year under se¢lion 65(2) of the Charities Act (NortrEm Irdand) 2008 (the Charittes Act) and that an independent examination is needed. Having satisfied mysetf that the chatity is not subjed to audit under company law. and is el.ble for independent examination, it is my reSponsibty to." - examine the accounts under section 65 of the Chartties Act follow the prOCS laid down in the general DirectiS given by the Chartty Commission for Northem Ireland under seclion 65(9)(b) of the Charities Act - state whether particular matters have come to my attenlion Basis of independent examinerfs report I have examined your charty accounts as required under seGtion 66 of the Charities Act and my examination was canied out in accordance with the general Directions given by the Charity Commission for Northem Ireland under sectton 65{9)(b) of the Charities ACL The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as charity trustees conmIng any such matters. My role is to state vthether any material matters have come to my attention giwng me cause to believe: 1. That accounting records were not kept in accordance with sectton 386 of the Companies Act 20C6 2. That the aoUnts do not accord with those accDunting records 3. That the accounts do not compty with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and prilfv of the Charities Statement of RecommerKled practi applicabte to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iland 4. That there is further infonnation needed for a proper understsnding of the accounts to be reached Page 4
I have ¢omWed my and have M rXMs ot mailers (l) ty)14} 24 JLty 2024 51 Sprfwu Street Batrffli¢r BT43 6AT
Ststenwnt of lrncome and retaln•d MIng5 forthg ye•rendod 31 March 2024 ANB DFI Oth•r Total Not•S FU3 Funts Punos 2023 Funt15 C¥rtckf•rgua Owbr InfraStstly 2&526 11.Cfj5 2.010 14,344 39.a70 11.oe5 1170 35.4 35,4C 89,870 8.565 20 Gift in kirKI_ Tort Centre vethent In¢t¢ne 3.147 578 28,981 13.7TJ 24803 14.Y22 92.948 112,902
Comp*ry Ilmlted byguar DFI Funts 2023 Funds Fuftds Funds Caffickf•ryus Funds 2024 35,4( 40.979 31.052 744 1W7 28,7e4 676 surarte ut a hEat 429 1.719 4,442 549 Prinipig. FL%iage and Slatic 53 499 Tthkthcr 931 1370 1,987 Z327 Bank rge$ 131 3.818 192 6.051 14,098 11,738 12 3257 1443 Total Ywour¢•s 13.073 17K6 37,843 101.440 97,3B3 2.873 41 7CKI 14. (2.5041 15.8191 18.302 BalarKes broughtfmrd Balar$ Carri foThMTd 21,248 3T3 114.0 8.$59 18.123 1S.812 X.289 1.073 118,3BS) 15.553 34,204
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Company 1Smlted by garte* 88 at31 2924 Funds 24 T¥Wle assats Totsl frled assets 1.117 10,8è5 1.117 B.443 10,895 Cash at and in haTh 30,512 30.512 30.512 30.512 33,OX) wlthin iJnpy•ar (9.7581 110,3701 18.8491 19.7981 20.142 26.187 Pagw9
ComF•ry Nmtted bj guw•ntse Bat 31114rth 2024 UabllltleB 31.05T (9.798J {487Z) NBt408¢ts 31.057 Prtiit aThJ bsswxow 21.289 111.2571 18. 21.289 111.257) 1&553 rekn.nqlo wnall &Fe[u6. se¢¥on 47e', Pag• 10
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YearendEd 31 2024 PJ9• 12
ShOpnb1ity Batymena Limited Company Ilmtted ty guarantee Notes to the financial statsments Iconlinued) Year ended 31 March 2024 General Information The company is a prr4wate company limited by guararrtee. registered in Northem Ireland. The address of the registered offio is Shopmobiltty Baltyrnena Limited. Unit 2. Tower Centre, WeFlington Street Ballymena, BT43 6AH. Statement of compllance These financial statements have been prepared in compliance Vryth the provisions of FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland., the Statement of Recommended Practice applic2ble to charities preparing their acLounts in a¢¢ordanrR with Ihe Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102>) and the Charities Act (Northem Ireland) 2LIO8. The charity meets the definition of a public benefrt entty under FRS 102. These financial statements have been prepared in compliance wth FRS 102. The FinancÈal Reports"ng Standard applicable in the UK and Republic of Ireland,. Accountlng pollcles Ba515 of preparallon The fnancial statements have been prepared on the histDrlcal cost basis, as mÉ>affied by the revaluation of certain financial assets and liabilities and investment propeites measured at fair vaue through profit or loss. The financial statements are prepared n sterling, which is the functional currency of the entFty. Going concem There are no materi81 uncertaintie3 about the charrty's ability to continue. Judgements and key souyces of esttmation uncertainty The prepafation of the financial statements requirès management to make judgernents, estimates and assumptions that affect the amounts pOrted. These estimates and judgements are continually reviewed and are based on experien and other factors. induding expectats'¢Jns of ftiture events that are believed to be reasonatle under the circumstances. Fund ac¢ounllng and reserves policy The trustees aim to maintain free reserves in fvnds at a level which equates to approximatety three months of charitable expenditure. The trustees consKler that this level will prowde sufficient funds to respond to applications for grants arKI ensure that support and govemance costs are covered. The funds retained at 31 March 2024 wer8 £28.585 against an anniÈal SThd of £99.113. Unrestriciad fvnds are avala use at the discretion of the trustees to further any of thé charitys purposes. Designated funds are unrestricted funds eamiarked by1he trustees for particular future projects or commitmen Restrict&J funds are subjected to restrictions on their expenditure dlared by the donor or through the terms of an apal, and fall irbto one of ttyo sUbdaS. restri inrne funds or endowment funds. Page 13
Shopmobillty Baltymena Llmited Company Ilmited by guarantee Notes to the financial statements (continued Year ended 31 Aqareh 2024 Turnover All Incoming resour arè included In thè statement Of flnancl activiues When enuiement has passed to the charity, it ks probable that the economic beneffts associated with the transaction will fiow to the charity and the amount can be reliabty measured. The followng specific polictes are aPled to particular categorres of income: - income from donatsons or grants is recTrJnised when there is evidence of enkn'tkment to the grf( weipt is probabk and its amount can be rneasud relia. - legacy inGome is recognised when receipt is probable and entidement 15 established, - income from donated is measured at fair value of the gd$ unless ttjis ts 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 ServIS a recognised in the accounts en received rf the value be reliably rneasUd. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of ServIS is recognised wsth the delivery of the contracted serviTr. This is classÈfied as unrestrtcted funds unless there is a contractual requirement for it to be spent on a particular purFose and retumed if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is wnised on an acc1$ basts as a lia1 is incurred. Expendilure indudes any VAT which ¢anrt be ftjlty recovered, and is c&ssffied under headings of the statement of financial activites to which it relates. - exFendItU on raising funds indudes the costs of all fundraising activi. events. noTrcharitab trading acbvites, and the 8aie of donated gwds. - expendtture on charitable aCtNIt includes all costs incurred ty a tharity in undertaking activites that further ts charitable aims for the benefit of the beneficiaries. including those support Costs and costs relating to the governan of the charty apportioned to charttable activities. - other expènditure includ95 all expendiiure that 15 neither related to rdisifKJ fiJn(ts for the charity nor part of its expenditure on charitable activities. AII costs are alkxated to exFenditure categories reflecting the use of the resou. Direct costs attributable to a Single activity are allocated dIrY to that activity. Shared costs are apportioned beeen the actNites they contribute to on a reasonable. justifiable and consistent basis. Taxation The taxatfon eynse represents the aggregate arnount of current and deferred tax recognised in the reporting period. Tax is rewnised in the statement of comprehensive income. except to the extent that it relates to rtems recognised in other comprehensive income or directy in capital and reserves. In this case, tax is recognised in other comprehensNe income or directly in capital and rese$. respectivety. Current tax is recognised on taxable profft for the Cuent and past pertods. Current tsx is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substanlively enacted at the reporting date. Deferred tsx is recognised in respect of all timing differences at the reporting date. unreliev tax losses and t)ther deferred tsx assets are reco9nised to the extent that it is probable that 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 that have been enacted or substanltvely enacted by the rewrting date that are expected io apply to ts reversal of thè liming dffterenc*. Page 14
Shopmobilty Ballynxna Limited Company Ilmltod by guaranteg Notes to the financial stalements (conlinved Year ended 31 March 2024 Tangible assets Tanglble assets are inw recorded at cos( and are subsequEnay ststed at C05t less any accumulated depreciatKn and impairnnt 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 revaluab'on, is recognised in other comprehensive income and accumulated in capital and serVeS. except to the extent it reverses a revaluation decrease of the same asset previousty recognised in proffit or loss. A decrease in the carrying amount of an asset as a resutt of revaluats'on is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in opital and reserves in respect of that asset Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in caprtal and reser in respect of that asset, the excess shall be recognised in profit or Depreclation Depreciation is calculate(I so as to write off the cost valu8b.on of an a55eC less rts resldual value, over the useful ec(orniC I'fe of that asset as follows: Plant and machinery Fittings fixtures and equipment 25% 20% reducing b*nce reducing balance If there is an indirAtion that there has been a signfficant change in depreciation rate. useful lif8 or residual value of t8ngible assets, the depreciation is revt8ed prospectvely to reflect the new estimates. Impaimient A revivN for indtcators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indutors exist. Wherè thè carrying valu& exceeds the recoverable amoun¢ the asset is impaired accordingty. Prior impairments are also revEwed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an indivrdual assel, an estimate is made of the recoverable amount of the cash4Jenetating unit to which the asset belongs. The wh-generating unit is the smallest identifiable group of assets that indudes the asset and generates cash inflows that are largely independent of the cash inllows from other assèts or groups of assets. Page 15
Shopmobility Baltymena Limited company Ilmited by guarantee Notes to the financAI statements (continued) Year ended 31 March 2024 Government grants Government grants are recogfied at Ihe tsir value of me asset I1Ved or receivable. Grants are not recognised until there ts reasonable assurance that the company will comply wth the conditions attaching to them and the grants will be e1ved. Govemment grants are recognised using the accrual model and the perfom)ancè model. Under the arU81 model, government grants relats.ng to revenue are recognised on a systematic basis over the penods in whth the company recognises the refated costs for which the grant is intended lo compensate. Grants that are recewable as compensation for expenses or k)ssos already incurred or for the pury)ose of giving immediate financial support to the entity with no future rdated costs are recognised in income in tre period in whh it becomes receivable. Grants relating to assets are recognised in income on a systernatic basis over Ihe expected useful life of the asset. Where part of a grant relab'ng to an asset is deferred. it ts recognised as deferred income and not deducted from the canying amount of the asset. Under the perfomance model, Whe the grant ths not imK¥)se specifBd fure perfomance-related conditrons on the recipient, it is recognised in income when the grant proceeds are receivp3J or receivable. Where the grant does impose specffied fjjture perfOrmanCel8ted conditions on the reclpienL it recognised in income onty when the performance-rel8ted conditions have been met Where grants received are prior trj satisfying the revenue reccgnitFon critefia. they are recognised as a liabilty. Flnancial instruments A financial asset or 3 financial liabilty is recognised only when the company ljecomes a paty to the contractual provisions of the instrument Basic financial instruments are inrtiatty recognised at the transaction pri, unless the arrangernent constitutes a financing transaction. where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrumenL Debt instruments are subsequentty measured at amortised cost Where investrnents in ncn-GonvertiLle preference shares and n0n-Puttab orrjinary 8hares or preferen shares are publicty traded or their fair value can other%vise be measured reliabty, the investment is subsequerrtly measured at fair value changes in fair value recognised in profit or loss. Ail other such investments are subsequentty measured at cost less impairment Other finanGkal instruments, including dertvatives, are initialty recognised at fair value, unless payment for an assel is ijeferwed beyond Dnal busines5 lenns or financed at a rate of interest Ihar is not a market ratè, in which case the asset ts measured at the pre*nt value of the future payments discounted at a market rate of interest for a similar debt instrumenL Other financial instruments are subsequently measured at fair value, wth any changes recognised in profit or loss, with the exception of hedging instruments in a deSIgna hedging relat50n5hip. Financtal a55ets that are measured at (xjst or amortised cost are reviewed for obj'ective evidence of impairment at the end of e¥h rerM)rtÈng date. If there is obtive eviden of impairmen( an Impairrr1t loss is recognised in profft or loss immediately. For all equity instruments regartsless of 5ynfficance, and other financlal assets that are individualty swJnificart these are assessed individually ft)r impaiment Other financial assets or either assessed individually or groLFFEd on the basis of similar cJit nsk character7sti(s. Any reversals of impairment are recognised in profft or loss immediately. to the extent that the reversal does not result in a Garying amount of the financial aSt that exceeds what the r2rrying amount would have been had the impaiment not pwh)usly been recognised. Page 16
Shopmobility Ballymena Limited Company Ilmited by guararrtee Note5 to the financial ststements (continued) Year ended 31 March 2024 Defined ¢ontributlon plans Contrit)utton5 to defined contribution plans are recognised as an expense in the F)eriod in vthictt the related servits ts provideJ. Prepaid contributions a recogntsed as an asset to the 8Xtent that the prepayment wll le8d to a reduction in future payments or a cash refund. When contributions are not expected to be settted wholly within 12 months of the end of the reporting date in which the emyeeS Ender the related serv1, the tk?bilrty is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profrt or bss in the period in which it arises. UmSted by guarantee The company is limited by guarant and does not have a share captsi. In the event of the company being wDund up the liabilty of each member is limited to £1. Employeé numbers The average number of persons employed by the company during the year amounted to 1 {2023." 1). Losslprofft before taxatlon Losslprofft before taxation is stated after chargingl(uediting): 2024 2023 DePCIatiOn of tangible assets 2.452 3.269 Tangible assots Short Plant and Fixtures, leasehold machinery fittings and property equipment Total Cost At 1 April 2023 and 31 March 2024 Depreciatton At 1 April 2023 Charge for the year At 31 March 2024 1,080 27.249 1.643 29.972 17.480 1.597 19,077 2,452 19,923 21,529 Carrylftg amount At 31 March 2024 1,080 7,326 37 8,443 At 31 March 2023 1.080 9.769 46 10,895 Page 17
Shopmobilty BaltynMa Limited Company Ilmlted ty guaramee Notes to the financial statements (contlnued) Year ended 31 March 2024 Creditoys: amounts falllng due within one year 2023 Social security and other taxes Other creditors 7,848 2.522 4,468 2,381 10,370 6.849 Cfeditors: amounts Pdlling due after more than one year 2024 2023 Other creditors 2,872 10. Contingent assets and Ilabllltles There is a contingent liability in respect of grants receNed in that Shopmobilty Ballymena Limited is required to 8bide by the conditions specif1 in the offer of the grant by the gr8ntor. 11. Controning party The controlling party is the direLtor& 11 Comment on Department for Infrastructure funding The grant provided by the Department for 1nfr8structsj. through the TransKK)rt Prngramm8 for People with Disabilities ITPPD) has been used for the purposes intended and in accordan th the terms and condib.ons of the granL Page 18