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2023-03-31-accounts

Company Registration Number: NI043233 Charity Number: 104545

Tullycarnet Community Support Services Ltd Annual Report and Unaudited Financial Statements

for the financial year ended 31 March 2023

Tullycarnet Community Support Services Ltd (A company limited by guarantee, not having a share capital) CONTENTS

Page
Trustees' and Other Information 3
Trustees' Annual Report 4 - 5
Statement of Trustees' Responsibilities 6
Independent Examiner's Report
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 - 14

2

Tullycarnet Community Support Services Ltd (A company llmlted by guarantee, not havlng a share capltal) TRUSTEES' AND OTHER INFORMATION

Trustees Mr J \/\/ightman (Resigned 1 August 2022) Ms K Irvine (Resigned 1 August 2022) Ms L King Mr A Watson Company Secretary Ms A Martin Charity Number in Northern Ireland 104545 Company Registration Number NI043233 Registered Office and Principal Address 12 Whitecherry Lane Killinchy Down BT23 6QZ Northern Ireland Independent Examiner DNTCA Limited Chartered Accountants Ormeau House 91-97 Ormeau Road Belfast BT7 1SH

Tullycarnet Community Support Services Ltd {A company limited by guarantee, not having a share caplta) TRUSTEES' ANNUAL REPORT

for the financial year ended 31 March 2023

The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the unaudited financial statements for the financial year ended 31 March 2023.

The financial statements are prepared in accordance with the Companies 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 Practice applicable to 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 (SORP) 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 report the trustees of Tullycarnet Community Support Services Ltd present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 March 2023.

The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements.

Mission, Objectives and Strategy

Objectives

Tullycarnet is one of the most socially deprived wards in East Belfast as designated by T& EA, LEDU AND Robson. The Noble Report has placed Tullycarnet within the top 12% of disadvantaged wards within Northern Ireland. Tullycarnet Community Support Services Limited is the only community organization working strategically to tackle these long-term problems. To achieve this TCSS will coordinate the following activities:

Tullycarnet Community Support Services Limited assists the following groups and organizations in their development

  1. First Steps Playgroup

  2. Independent Advice Centre

  3. Vintage Diners

  4. Surestart

  5. Links Women's Group

  6. Adult On-line Training

Strategy

The following sections for achievements and performance and financial review form the strategic report of the charity

Structure, Governance and Management

Structure

The Charity is controlled by its governing document, and constitutes a limited company, limited by guarantee, as defined by the Company's Act 2006.

Review of Activities, Achievements and Performance

Financial position

The company had net outgoing resources of £4,946 for the year (2022: C13,152).

Financial Review

The results for the financial year are set out on page 8 and additional notes are provided showing income and expenditure in greater detail.

The main source of grant funding for Tullycarnet Community Support Services Limited has been and is the Department for Communities. This Is supplemented by several smaller grants and self— generated income.

Tullycarnet Community Support Services Ltd

(A company TTmited by guarantee, not having a share cgplta.}

TRUSTEES' ANNUAL REPGRT

for the financial year ended 31 March 20z3

Financial Results

At the end of the financial year the char.ty has ass°.Is of 1.73,152 (2022 - £78,098) and liabilities of EO.00 (2022 - EO.00). The net assets of the charit;' havr' decreased by E(4,946).

Reserves Position and PolIry

The Charity is funded by both .estricted and unrestricted funds. The restricted funds are spent within the terms of lhe letters of offer issued by funders.

The charity‘s reserve policy is to retain a level of reserves, wh:'nh matches tho needs of the organisation both at the current time and in thu foreseeable future.

Trustees

The trustees who served throughout the firingdial yrsr, except as noted, were *s follows:

Mr J Wightman (Resigned 1 Augu-°t 20 2)

fzs K Irvine (Resigned 1 August 2G22)

Ms L King

Mr A Watson

In accordance with thn Gonstitution, lie trustees retire by rotation and, Gei'ag eI'9'bIe, offe• themselves for re-election.

The secretary who served during the financial year was:

Ms A Martin

Compliance with Sector-Wide Legislation and Standards

'The .charity engages pro-actin ely with legislation, st.-.ndards and codes which are developed for the sectoi. Tullycarnet Community Support Sr wices Ud subscribes to and .s compliant wi.h 'he following:

Appr d b he a rust«es on / _ a-‹u signed on its behalf by: r a n

Tullycarnet Community Support Services Ltd {A company limited by guarantee, not having a share caphal) STATEMENT OF TRUSTEES' RESPONSIBILITIES

for the financial year ended 31 fvlarch 2023

The trustees, who are also directors of Tullycarnet Communit\• Support Services Ltd for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the trusleee as the directors to prepare financial statements for each financial year. Under that law the Trustees have elected to 'ireoare the financial staterrients ir› accordance with United Kingdom Generally Accepted Accounting Practice (Un :ed Ki:Jgdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard app1icah!e in the UK nnd Republic of Ireiu J” Section 1A (Small Entities). Under company law the trustees must not approve the financial statements unloss they are satisfied that they give a true and fair view of the state of affairs of lhe company and of the surplus or d•ficit of the company for that period.

In preparing these financial statertenD, the trustees are required to:

The trustees confirm that they ha a complied with the above on.uiremr.Els in preparing the financial statements.

The trustees are responsible for r°epin adequate accounting records ti›st are sufficient to show and explain the charity's transactions and disclose, with reasonable accuracy at any tir›ae the financial position of the charity and enable them to ensure that lie fIrie*›cial statements comply wlth. Thsy are also responsible for safeguarding the assets of the charity and herce for taking reasonable steps for the prevention and detection of fraud and other :irregularities.

Approved by e Boa f Ir\stces on Mr ATrustee atspn “

and signed on ita hehalf by:

Tullycarnet Community Support Services Ltd (A company limited by guarantee, not havlng a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF TULLYCARNET COMMUNITY SUPPORT SERVICES LTD

I have examined the financial statements of the charity for the financial year ended 31 March 2023, which comprise the Statement of Financial Activities (incorporating 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 accordance with Chapter 3 of Part 16 of the Companies Act 2006. My work has been undertaken so that I might compile the financial statements that I have been engaged to compile, report to the Board of Trustees that I have done so, and state those matters that I have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for my work, or for this report.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The charity's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required.

It is my responsibility to:

Baaie of independent examiner's report

I have examined your charity financial statements as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. An examination includes a review of the accounting records 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 procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ’true and fair’ view and the report is limited to those matters set out in the statement below.

In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:

Independent examiner'e statement

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn ' this report in order to enable a proper understanding of the financial statements to be reached.

Mr M angle DNTCA LIMITE Charter ountants an Statutory Auditor Or au House 91-97 Ormeau Road Belfast BT7 1SH

Date: . . ¥....s1.H.

7

Tullycarnet Community Support Services Ltd (A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES

(incorporating an Income and Expenditure Account) for the financial year ended 31 March 2023

theyear
Unrestricted
Funds
2023
Income
Notes
£
Donations and legacies
3.1
-
Charitable activities
3.2
6,362
Investments
3.3
18
Other income
3.4
990
Total income
7,370
Expenditure
Charitableactivities
4.1
10,149
Netincome/(expenditure)
(2,779)
Transfers between funds
Net movement in funds
for the financial year
(2,779)
Reconciliation of funds:
Total funds beginning of the
11
22,127
year
Total funds at the end of
19,348		 Restricted
Funds
2023
E
113,621
-
-
-
113,621
115,788
(2,167)
(2067
55,971
53,804		 Total
Funds
2023
E
113,621
6,362
18
990
120,991
125,937
(4,946)
4946)
78,098
73,152		 Unrestricted
Funds
2022
£
10,524
31
472
11,027
12,857
(1,830)
(1,830)
23,957
22,127		 Restricted
Funds
2022
C
121,303
561
22
-
121,886
106,904
14,982
14,982
40,989
55,971		 Total
Funds
2022
C
121,303
11,085
53
472
132,913
119,761
13,152
13,152
64,946
78,098

The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.

8

The notes on pages 10 to 14 form part of the financial statements

Tullycarnet Commu City Support Services Ltd (A eomqany limited by guarantee, ng} havin9 a share ca;Nal' Company Number: NI04323S BALANCE SHEET

as at 31 March 2023

Tullycarnet Commu City Support Services Ltd
(A eomqany limited by guarantee, ng} havin9 a share ca;Nal'
Company Number: NI04323S
BALANCE SHEET
as at 31 March 2023
Fixed Assets
Tangible assets
CurrantAssets
Cash at bank and in hand
9
.. . • ’”' '.,‘
'
’
Net Current Assets
funds
Restricted trust funds
General fund (unrestricted)
Total funds
’11		 — 2023
3,188
C9,96J
-
69,964
73,152
53804
19,348
73,152		 202z
72,886
72,88$ 78,09a
“ 55,97I
22,127
78,038

These financial statements have See' prepared in accordance with the specia! provisions relating to small compa”r.ter within Parl 15 of the Companies be! 2006.

For the financial year ended .31 March 2023 the charity was entitled to exemptior•”f'om audit under section 477 of the .Companies Act 2006; rnd no nnti:e has been deposited un‹?er section 476.

The trustees confirm that the members have jot :oquired the wmpany to ob!ain an audi! of its financial statemenb for the financial year in question in accor'Jance with section 476 o' the Compcn;es Act 2005.

The trustees acknowledge their re' pr 4sibil:ties for ensuring tha' the c' arity kr›eps accout tang records which comply with section 386 and for preparing iii:anLJaI statem°.nts which give a tri'•° anrl fair view of be state of affairs of the clarity as at the end of the finan•J•l y"ar and of its profit end IosG for \h.n financial year in accordance with If+e requirements of seMions 394 and 395 and which othenv compJy with the reql irements of the Companies Act 200o relating to financial statements, so fa• as applicable to the charity.

The financial statements have been prepared in accordance with the proyis.?n.s applicable to companies subject to the small companies’ regime anq In accordance wilh, FRS 102 the Financial Reporting Standard applicable in tho UK and Republic of Ireland", appIy‘ing Section 1A of that Standard.

Approved b he B+a g Trustees and authorised for issue on *‘% /’ “ and signed on Its behalf

The n'otes on pages 10 b I4 form part of the finamsi sag.?t,1+me

Tullycarnet Community Support Services Ltd (A company limited by guarantee, not having a ahare capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2023

1. GENERAL INFORMATION

Tullycarnet Community Support Services Ltd is a company limited by guarantee incorporated in Northern Ireland. The registered office of the charity is 12 Whitecherry Lane, Killinchy, Down, BT23 6QZ, Northern Ireland which is also the principal place of business of the charity. The financial statements have been presented in Pound (C) which is also the functional currency of the charity.

2. 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.

Basis of preparation

The financial statements have been prepared on the going concern 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 Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance 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 formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP.

Statement of compliance

The financial statements of the charity for the financial year ended 31 December 2017 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.

Fund accounting

The following are the categories of funds maintained:

Restricted funds

Restricted funds represent income received 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 funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity.

a 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 to the income, performance conditions attached to the item(s) 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 activitiea

Income from charitable activities include income earned from the supply of services 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-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where 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:

• Performance based conditions: whereby the charity is contractually entitled 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 a grant agreement, it recognises the related expenditure, to the extent that it is reimbursable by

10

Tullycarnet Community Support Services Ltd {A company limited by guarantee, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 March 2023

the donor, as income.

•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 to the extent it is utilised within the period specified in the agreement.

In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of entitlement.

Grants received towards capital expenditure are credited to the Statement of Financial Activities when received or receivable, whichever is earlier.

Expenditure

Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive 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 time spent or other suitable measure for each activity.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at 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 useful lives as follows:

Fixtures, fittings and equipment

25% Straight line

Cash at bank and in hand

Cash at bank and in hand comprises cash on deposit at 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 tax is expensed as incurred.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date 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 income and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax 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 the balance sheet date.

Pensions

The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Annual contributions payable to the charity's pension scheme are charged to the income and expenditure account in the period to which they relate.

3.
INCOME
3.1
DONATIONS AND LEGACIES
Unrestricted
Funds
BHSCT - Grant
Surestart - Grant
PCSP Grant
DFC
Early Years Grant
BCC Grant
-
-
-
-
-
-
-		 Restricted
Funds
2023
2022
3,733
3,733
3,581
16,524
16,524
15,160
-
-
4,765
93,364
93,364
89,301
-
-
7,521
-
-
975
113,621
113,621
121,303

11

Tullycarnet Community Support Services Ltd {A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 March 2023

3.2
CHARITABLEACTIVITIES
Unrestricted
Funds
Grants from governments and other
co-funders:
Income from charitable activities
6,362
3.3
INVESTMENTS
Unrestricted
Funds
Investments
18
3.4
OTHERINCOME
Unrestricted
Funds
Other income
990
4.
EXPENDITURE
4.1
CHARITABLEACTIVITIES
Direct
Other
Costs
Costs
Expenditure on charitable activites
-
97,316
4.2
SUPPORT COSTS
Support - restricted
Support - unrestricted
5.
ANALYSIS OF SUPPORT COSTS
Basis of
Apportionment
Support - restricted
Restricted
Support - unrestricted
Unrestricted
6.
NETINCOME
Net Income is stated after charging/(crediting):
Depreciation of tangible assets
7.
INVESTMENT AND OTHER INCOME
Other income
Bankinterest		 Restricted
Funds
-
Restricted
Funds
-
Restricted
Funds
-
Support
Costs
28,621
Charitable
Activities
18,472
10,149
28,621		 2023
6,362
2023
18
2023
990
2023
125,937
2023
18,472
10,149
28,621
2023
18,472
10,149
28,621
2023
2,024
2023
990
1,008		 2022
11,085
2022
53
2022
472
2022
119,761
2022
13,843
12,033
25,876
2022
13,843
12,033
25,876
2022
1,648
2022
472
53
525

12

Tullycarnet Community Support Services Ltd (A company limited by guarantee, not heving a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 March 2023

8. EMPLOYEES AND REMUNERATION

Number of employees

The average number of persons employed (including executive trustees) during the financial year was 7 (2022: 8).

Employee
The staff costs comprise:
Wages and salaries
Social security costs
Pension costs
TANGIBLE FIXED ASSETS

Cost
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the financial year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022		 2023
Number
7
2023
97,316
5,847
1,754
104,917
Fixtures,
fittings and
equipment
38,629
33,41
2,024
35,441
3,188
5,212		 2022
Number
8
2022
93,885
4,986
1,911
100,782
TOt'dl
38,629
33,417
2,024
35,441
3188
5,212

9. TANGIBLE FIXED ASSETS

40. PENSION COSTS - DEFINED CONTRIBUTION

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. Pension costs amounted to £1,754 (2022 - £1,911).

11. FUNDS

RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted
Funds
At 1 April 2021
23,957
Movement during the financial year
(1,830)
At 31 March 2022
22,127
Movement during the financial year
(2,779)
At 31 March 2023
19,348		 Restricted
Funds
40,989
14,982
55,971
(2,167)
03,804		 Toll
Funds
64,946
13,152
78,098
(4,946)
73,152

11.1 RECONCILIATION OF MOVEMENT IN FUNDS

13

Tullycarnet Community Support Services Ltd (A company Tlmlted by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 March 2023

11.2
ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2022
Restricted funds
Restricted
55,971
Unrestrictedfunds
Unrestricted General
22,127
Total funds
78,098		 Income
Expenditure
113,621
115,788
7,370
10,149
120,991
125,937		 Transfers
between
funds
-
-		 Balance
31 March
2023
53,804
19,348
73,152

The charity is a company limited by guarantee not having a share capital.

The liability of the members is limited.

Every member of the company undertakes to contribute to the assets of the company in the event of its being wound up while they are members, or within one financial year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1.

13. POST-BALANCE SHEET EVENTS

There have been no significant events affecting the Charity since the financial year-end.

14