Coinpany registration number.. N16?005? Charity registration iiuinber .'NIC104587 Mid & East Antrim Agewell Partnership IA company liinited by gLiai'anlee) Annual Report and Financial Stateinents for the Year Elided 31 March 2024 D T Carson & C.0. 51-53 Thomas Street Ballyniena Co. Antrim BT43 6AZ
Mid & East Antrim Agewell Partnership Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account) Total 2024 Unrestricted Restricted Note Income and Endowments from: Donations and le(Facies Cl)aritable activities 11.440 14.?86 11.443 581.813 567,5?7 Total Income 25.7?6 567,530 593.256 Expenditure on: Raising funds Charitable activities (1,044) (45.474) (1,044) (636,66J} (591,1891 Total E.xpeiiditure (46.5181 1591,189) (637,707) Net expenditiire Transfers betweeii funds (20,792) 30.451 (2J.659) (JO,451) (44,451) Net inovement in fuiids 9,659 (54.1101 (44,4511 Reconciliation of funds Total fijnds brou(Fht forward 130,233 89,686 219,919 Total fiinds carried forward 17 139,89? 35,)76 175,468 Total 2023 Unrestricted Restricted Note Income and Endowments from: Donations and leoacies Charitable activities 1,9?8 6.37? 1.393 635,789 3,321 64? 161 Total Incoine 637.182 645,482 Expenditure on- Charitable activilie5 (49,?40) (548,7731 (598,0131 Total E.xpeiiditur¢ (49,7401 {548,7731 (598.0131 Net (expenditur¢)/in¢ome Transfers between fiinds (40,9401 21,665 88,409 {21,665) 47,469 Net moveinent in funds (19.275) 66,744 47,469 Reconciliation of funds Total funds brolight forward 149.508 22.94? 17?.450 Total funds carried forward 17 130,233 89,686 ?19.919 All of the charity's incoine and expenditure derive from continiiing activities. The statement of financial activities iiicludes all gains and losses recognised duriiig the period. The notes 01) pages 17 to 31 fomi an integral part of these finaiicial 5tatenients. Page 14
Mid & East Antrim Agewell Partnership (Registration number: N1620052) Balance Sheet as at 31 March 2024 2024 2023 Note Fixed assets Taiigible assets 12 12,133 Current assets Debtors Casli at bank and iii haiid 13 14 130,)50 70,775 110.?57 120,500 ?01,125 2JO,757 Creditors: Amounts falling due within one year 15 (37,7901 (30.871) Net current Assets 163.335 199,886 Net assets 175,468 ?19,919 Funds of the chArity: Restricted income funds Restricted funds 17 35.576 89,686 Unrestricted income funds Uiirestricted fuiids 139,89? 130,2JJ Totol funds 175,468 219.919 These financial statements have been prepared in accordance with the special provisions relating to coinpanies subject to the small companies regime within Part 15 of tlie Companies Act 2006. The fiiiancial statements on paoes 14 to 3 5 were approved by the Iwstees, and autliorised for issue on 31 October 20?4 aiid si&ined on their behalf by.. oi/_ Mr W Mccaughey Chairinan and Triistee The notes on pages 17 to 31 forn an integral part of these finaiicial statenients. Page 15
Mid & East Antrim Ageivell Partnership Statement of Cash Floivs for the Year Ended 31 March 2024 2024 2023 Note Cash flows from operating activities Net cash {expenditiire}lincome (44.451) 47,469 Adjustments to cash flows from non-cash items Depi'eciation 9.257 8,673 {J5,194) 56,14? Working capital adjustments Inci'ease iii debtors Increaselldecrease} in creditors {Decrease}lincrease in deferred ii)come (20,093) ?4,107 (17,1881 (88 ?36) 1?9,187) 7,588 15 Net cash flows from operating activities (48,3681 (53,693) Cash floiys from investing #etivities Purcliase of tanGible fixed assets i? {1,357) (4,470) Nel decrease in cash and cash equivalents (49,725) (58,1631 Cash and cash eqLiivaleiits at l April 1 ?0.500 178,663 Casl) and ¢ash equivalents at J l March 70.775 120.500 Reeoneiliation of net cash flow to tnovement in net funds Decrease in cash (49,725) {58.16Jl Net funds at l April 20?3 1 ?0.500 178.663 Net fiiiids at 31 March 2024 70.775 1 ?0,500 All of the cash flows are derived from eoiitinliing operations during the above two periods. The notes oli pages 17 to 31 fomi an integral part of these finaiicial statements. Page 16
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 I Charity status The charity 15 limited by Truaranlee. incorpoi'ated in Northern Ireland. and consequently does not have share capital. Each of the trustees is liable to contribute an amouiit not exceeding £1 towards the assets of the charity iii the eveiit of liqiiidalion. The address of its registered office is.. Brougljsliane House, 70 Main Street, Brougl)51iane. BALLYMENA Couiity Antrim BT4? 4JW These finaiicial stateineiits were allthorised for issue by the tnistees on 31 October 20?4. 2 Accounting policies Summary of sionificant aeeounting policies llnd key #ceounting e5timgtes Tlie principal accounting policies applied in the preparation of these financial statements are set out below. These policies have beeii consislently applied lo all the years presented. unless otherwise stated. Statement of complianee The fiiiaiicial slatemeiits Iiave been prepared in aceordance with Aeeouiitino and Reporting by Cliarities= Statemeiit ot Recoinniended PractiLe applicable to Lharities preparing their accounts in accordaiice with the Fin3ncial Reporting, Staiidard applicable iii tlie UK and Republic of Ireland IFRS 10?) {etYecLive l January 2019) - (Chai-ilies SORP (FRS 102)), the Financial Reportin¥ Standard applicable in the UK and RepLiblic of Ireland (FRS l O?). the Charitics Act (Northern Ireland) 2008 and the Companies Act 2006. Tlie charity is a Piiblic Benefit Entity a5 defined by FRS 102. Basis of preparation Asset5 and liabilities are initially recognised at historical cost or transaction value Ltnless oiheiwise staled in the relevant accounting policy notes. The presentational ciirrency of these finaiicial stalemeiits is sterliiig and aniouiits Iiave been rounded lo the nearest £ l. Going concern The financial statements have been prepai'ed on a going concem basis.The trLiStees have asse55ed a period of12 months from the date of approving tlie financial statements with reg<ird to the going concern asslimption in preparing tlie financial statements. The trustees have considered the level of fuiids held, expected levels of income and charity expenditLire for the next 12 months, taking into coiisideration all relevant factors. Income generation will be boosted through expaiisioii of income sources. including a new social eiilerprise and an increased focus on fuiidraisiiig. With tliis in niind, the Trustees believe tliat tlie cliarity has adequate resources to continue for the foreseeable future and the financial statements are prepai'ed on a gointr concern basis. Page 17
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 Judgements The pirparation of the financial stateinents reqiiires the TrLlStees to make judgements. estimates and assumplioiis that affe¢t the <1pplication OF accoiinling policies and the reported amolint of assets and liabilities, incoine and expenses. The esliml< tes and associated assLiniplions are based on historical experience and otlier factors tliat are onsidered to be relevant. Actiial results inay differ froin these estiinates. Tl)e esliinates and underlying assumptioiis are reviewed on an ongoiiig basis. Revisions to a¢counliiig estimates are recognised in the period in which the estimat¢ is revised where the I'evisioii affects oiily that period, or in the period of the i-evision and fiitui'e periods where Ihe revision affects boih ciirrenl and fulure periods. Key sources of estimation uncertainty Grarkt receivables Graiit receivables are iiidividiially assessed for iinpairnient. A provision for iinpairineiit is establi51ied wlieii tliere is objective evidei)ce tliat tlie cliarity will not be able to collect all aniouiits due accordiiio lo tl)e tei'ms of the original grant receivable. No inipairment of gi'ant receivables was deemed necessary at either the current or prior ye. end. The catrying amouiit is £129,6?1 (202) -£ I10,?57). Income All iiiconie is recognised once there is a leoal or ¢onstructive obli(yation lo that iiiconie after any perforniace conilioiis liave beei) iiiet, Ilie ainoiint Can be nieasured reliably aiid it is probable that iiicoiiie ivill be received. All inconie is allocated to the applicable income heading that aggregate siniilar incoine to tliat category. Doiialion.F aiid legacies Donations are reco(Fnised when ilie charity has beeii notified in writiiio of both the amount and settleineiil date. In the event that a donation is subject lo conditions tliat require a level of performance by the charity before the harity is entitled to the funds, tlie income is deferred and not recognised until either those coiidilions are fully met, or the fulfilnient of tlios¢ conditions is wholly wiihin tlie control ot-the Charity and it is probable thal these onditiolls will be fulfilled in the reporling period. Granls receivable Grants are recogrLised when the charity lias an entitleinent to the fuiids 4md any Conditions linked to the gi'ants have been met. Graiits receivable are recogiiised initially at transaction price aiid sub5eqLieiitly nieasiired llt aniortised cost iisiiig the effeclive interest rate niethod. less any provisioii for impainneiit. A provisioii for tl)e inipaimient of grants r¢¢eivable5 is established wlieii there is objective evidence iliat the cliarity will not be able to collect all amounts due ac¢ordiiig to the original temis of Ihe grant receivables. Where performance condilions al'e attached to the grant and are yet to be met. the income is recogrnised as a liability and includ¢d on the balance sheet as defeed incoine lo be released. Deferred inconie Deferred incoine represents amoiint5 received for future periods and is released to incoming resol1¢5 in the period for which. it has beeii received. SLich income is only deferred wlien.. The donor specifies that the grant or doiiation niusl only be used iii fiitlire accounting period5. or The donor has imposed coiidilions ivhich must be met before the cliarity lias iincoiiditional entitlemeiit. Page 18
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 MarL'h 2024 Expenditure All expenditure is recognised once there is a legal or construclive obligation lo that expendilui'¢. it is probable settlement is requii'ed and the ainoiint can be measiired reliably. All costs are allocated to tlie applicable expenditure heading that aggregate siinilar costs to that category. Where costs cannot be directly attribllted to particular headings they liave been allocated on a basis coiisistent with ilie iise of resources, with ceiitral staff costs allocated oil the basis of time spent. Otlier support costs al-e allocated based oli the spread of staff costs Roisingfunds Tliese are costs incurred in attracting voluntary income, th¢ managemeiit of Anvestmeiits aiid those incurred iii tradiiig activities that raise fLinds. Cliariluble aL*ivities Charitable expeiiditure coniprises tliose costs incurred by the charity iii the delivery of its activities aiid services for its beneficiaries. It inclLides botli costs that cali be allocated directly to Slich activities and thos¢ costs of an indirect natiire Iiecessary to support tliem. Support costs Support costs incllide central fiin¢tions and have been allocated to activity cost categories on a basis consistent with tlie use of resources: for exainple, staff costs by the time spent and other costs by their usage. Governanee costs Tliese include the costs attribiitable to the charity's ¢ompli8nce with constitlltioiial aiid statutory requiremei)ts. ii)cludino audit, strategic mai)agyenient and In]slees iiieeliiibys Mnd reiinbursed e.xpeiises. Taxation The chai-ity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act ?010 and tlierefore it Ineets the defiiiitioii of a charitable compaiiy for UK corporatioii t&x purposes. Accordiiigly, tlie charity is potentially exempt froni taxation in respect of income or capital gaiiis received witliin Lategories covered by Chapter 3 Part I l of the Corporatioi) Tax Act 201 O or Section 956 of the Taxatioii of Cliargeable Gains Act 1992, to tlie extent that such iiiconie or gains A applied exclusively to cl)arilable puryoses. Tangible fjxed assets Tangible fixed assets (individually costing £100 or more) are iiiitially measured at cost and subseqiiently measured at cost. net of depreciation and any impairment losse5. The company assesses at eacli reporting date whether tangible fixed assets are impaired. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to ivrite off the ¢05t or valuation, le5S a]1> estimated IEsidLial vali1¢. over their exp¢cted useful economic life as follows.. Asset class Funiiture aiid Eqliipment Depreciation method and rate 4 years straight line Cash And CAsh equivalents Cash and cash equivalents coinprise cash on hand and call deposit5, and other short-term highly liquid investments that are readily convertible to a known amoiint of cash and are subject to an insignificant risk of change iii value. Page 19
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 Trgde creditors Trade creditors are obligations to pay for goods or services that have been a¢quii'ed in the oi'dinary course of bLisiness from siippliers. AccoLints payable are classified as cui'rent liabilities if the charity does not have an uiiconditional riglit, at the end of tlie reporting period. to defer settleiT)ent of the creditor for at least twelve Inonths after the reportii)g date. If there is an iinconditional right to defer settlement for at least twelve Inonths aftei. the reporting date. they are presei)ted as non-curreiil liabilities. Trade creditors are recounised initially at the Iransaction price aiid subsequently Ineasured at amortised cost Using the etfective iiiteresl metliod. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of tlie objectives of. the cliarity. Restricted inconie fuiids are tlios¢ doiiated for use iii a particular area or for spe¢ifi¢ purposes, tlie use of wl)icli is resti'icted to that area or pui'pose. Pensions and other post retirement obligations The charity operates a defiiied contribution pensioii scheme which is a pensioii plan Linder which fixed Colltributions are paid iiito a pension fiind aiid the cliarity has 110 leTral or construLtive obligatioii to pay fiirther coiitribiitioiis even if the fund does iiot liold sufficient assets to pay all einployees tli¢ beiiefits relating to employee service in the current aiid prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activilie5 when they are diie. If coiitributioii payments exceed the Contribution diie for s¢rvi¢e. the excess is recognised as a prepayinent. Financial instruments Clussificalii)ii Financial assets and fiiiancial liabilities are recognised when the cliarity becomes a party to the contractLial provisions of the instrument. Fiiiancial liabilities and eqLiity iiistrumei)Is are classified according to the substaiice of the coiilraetual arraii(Jenients enlered into. An eqiiity iiislrument is any contract that evidei)ces a residual interest in tl)e assets of tlie charity after deducting all of ils liabilities. Recognilion und mellsuremenl Basic financial assets Basic financial assets, which include debtors, cash and bank balaiices. are initially ineasured at transaction price iiicluding traiisaction costs and are subsequently carried at amorti5ed cost U5111V the effective iiiteresl nietliod unless the arrangement constitlltes a financing tran5a¢tion, where the transaction is measiired at the present valiie of the futuie receipts discouiited at a market rale of interest. Financial assets classified as receivable within one year are not amortised. Basic fiiiancial liabilities Basic fiiiancial liabililies, which iiicliide creditors and loaiis. are initially nieasiired at transaction price iinless the arrangeineiit Collstilutes a financiiig trai)saclioii. wliere the debi instrument is Ineasured at Il)e preseiil value of the future paynients discounted at a market rate of ii)teresl. Financial liabilities classified as payable witliin oiie year are not amortised. Financial liabilities are derecognised when the Charity's contractual obligations expire or are dis¢liarged or cancelled. Page 20
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 Impairnienl For financial assets carried at amort15ed cost. the ainoiint of inipairment is the differeiice betweeii the asset's carrying amouiit and the present value of estiniated fi]ture cashflows. discounted at the fii)ancial asset's ori(yinal effective interest rate. For fiiiaiicial assets carried at cost less inipairn)enl, tl)e inipairment loss is tlie ditTereiice between tlie asset's carryiiig ainounl aiid tlie estimate of tlie an)ouiit Il)at would be received tor tl)e asset if it wei-e to be sold at the reportints dale. Where indicators exist for Ll deerease in impcgimient loss, and the decrease can be related objectively to an event occurrinu after the impairnient was recognised, the prior impainneiit loss is tested to detemine reversal. An impairnient loss is revetsed oli an individual impaired fiiiancial asset to tlie extent tliat the revised recoverable valLie does not lead to a revised carryiiig amoiint higher than the carrying value had no impaimeiit been recognised. 3 Income Unrestricted Total 2024 Total 2023 General Restricted Doiiatioiis and l¢gacies; Doiiatioiis froiii fuiidraising activities Donations from compaiiies, trusts and similar proceeds Doiiatioi)s froni individuals Donations from commuiiity groLIPS 2,990 2,990 2,000 5,420 2,000 5,423 1,030 1,030 11,440 4 Income from charitable activities Unrestricted fiinds General Restricted funds Total 2024 Progrdmme grant income Other iNcome 13,478 808 566,017 1.510 579,495 2,318 14,286 567,5?7 58l.813 Unrestricted funds General Restricted funds Total 2023 Programrne grant income 6.37? 635,789 64? 161 Page?1
Mid & East Antrim Ageivell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 5 Expenditure on raisiiig funds Total costs Direct costs Staff costs c.osts of genei'ating donations and legacies 850 194 1.044 Total for 2024 850 194 1.044 6 Expenditure on charitable Aetivities Activity undertaken directly Activity support costs 2024 Prograrnine direct costs Staff costs Support cost5 223.906 )2J.602 22J,906 121,602 89.155 89,155 547,508 89,155 636,663 Activity undert14 ken direetly Activity support costs 2023 Prograinme direct costs Staff costs Support costs 19i,729 195,729 312.111 90.173 90,173 507,840 90,173 598.013 £45.474 (202) - £49.240) of the above expenditLire was attribiitable to unrestricted fLinds and £591.189 (2023 £548,773) to restricted fiinds. Pag¢ 22
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 7 Analysis of governance And support costs Charitable activities expenditure Unrestricted funds General Restricted funds Total 2024 Depreciation Bank fees IT costs Telephonellnternet HR consiiltant siipport Office equipment IT consiiltant support Office Rent - operating lease expeiise Office Utilities cost Insurance VolLinteer expenses Office postage and printii]o Office general costs Training Fiiiance C.onsLiltan¢y costs Govemaiice costs - Audit 9.?57 2? 9.257 329 10,57? 6,622 1.686 567 1.959 5.991 1.686 391 176 3.863 440 399 4.154 (5) 3.888 5,045 14.002 8.017 435 4,280 5,851 15.656 895 4,468 13,500 4,500 806 1.654 895 654 1.400 4,500 3.814 12.100 57,145 89,155 Page 23
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 Unrestricted funds General Restricted funds Total 2023 Depreciation Bank fees IT costs Telephonellnternet HR coi)siiltant support Office Rei)t- operatiiio lease expense Office Utilities cost Insiirance Volunteer expeF]ses Office postage and printing Training Finance Consiiltancy costs Governance cosls - ALidit 8,673 589 6.075 5.587 3.056 8,464 ?,985 3.405 2.459 24,585 1,502 585 i,863 i,024 212 563 8.413 1.401 1,584 1.440 8,7?9 1,019 15,856 I,)02 3.000 3.000 ?4,379 65.794 90,173 Governance costs Unrestricted funds General Total 2024 Audii fees Audit of the financial slatements 4.500 4.500 4.500 4,500 Unrestricted funds Gener.ql Total 2023 Audit fees ALidit of the financial statements 3,000 8 Trustees remuneration and expenses No triistee5, nor any p¢r50n5 connected with Ili¢m. have received any remiiiieration froni the charity during the year. Page 24
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 9 Staff costs ¥gregale payroll costs were as follows.. 2024 2023 Staff costs during the year Ivere: Wages and salaries Social security costs Pension costs Other staft ¢osts 291,835 21.)98 10.009 160 282.051 ?1,572 8,488 3?3.602 312,111 The montl)ly averatse nuniber of persoiis lii)cludiiig senior management / leadership teani} ¢mploy¢d by the charity during tlie year expressed as full lime equivalents was as follows.. 2024 2023 Charitable activities Governance No employee received emoliiments of more than £60.000 during the year. The total employee benefits of the key tnanaoement personnel of the charity were £87:547 (2023 - £81.188). 10 Auditors, remuneration 2024 2023 Aiidit of the fiiiaiicial statements 4.500 3.000 I l Taxation The charity is a registered charity aiid is therefor¢ exeinpt from taxation. Page 25
Mid & East Antrim Ageivell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 12 Tangible fi¥ed assets Furniture and equipment Total Cost At l April ?02J Additions 36,084 36.084 1,357 At J l March 2024 37,441 Depreciation At l April ?0?3 Charge for the year 16,051 16.051 9,257 At 31 March 20?4 ?5,308 25.308 Net book value At 31 March 2024 At 31 March 2023 20.0:, 13 Debtors 2024 2023 Prepayineiits Grants receivable 729 1 ?9,6?1 I10.?57 130,350 I10,?57 14 Cash aud cash equivalents 2024 2023 Cash at bank 70.775 1?0,500 Page ?6
Mid & East Antrim Ageivell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 15 Creditors: amounts falling due within one year 2024 2023 Ti'ade ¢reditors Other creditors Accriials Deferred income 12,876 ?14 ?1.700 10,659 17,188 30,871 16 Pension and other schemes Defined contribution pension scheme The Lharity operates a defined coiitribiition pensioii sLhenie. The pensioii cost charge for tlie year represeiits coiilributioiis payable by the cliarity to the sclieiiie and anioui)ted to £10,009 (20?3 £8.488). Page 27
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 17 Funds Balance t 31 M?rch 2024 Balance at I April 2023 Incoming resources Resources expended TrAllsfers Unrestricted funds General Unrestricted Iiicome Funds 130,2J3 25,726 (46,518) l J9,89? Restricted funds HSBC- IMPACTAgewell@ DMT- IMPACTA(yewelll MEABC Ageing Well Connect Nortl) Service CFNI Creases for Carers IMPACT Demonstrator MEABC Liinch Club LaLiiiclI Pad TNL- BFF HFNI Book Biiddies CDHN- BCPP ?31?4 CFNI - Bajik of Ireland Ageing Well Awards 3?6.418 (310,985) (?1,789) 1118.750) (32,246) (25,1?1) 15? 139) {li,4)3) (?,844) 24,633 110.767 41,033 37,500 19,503 {8.787) (7,0801 807 18,751 31,829 24,050 9,217 4.084 1,172 (1:4?4) (4.992) (7,793} 908 (?37) 16,600 9,6?1 6.088 (8.006) (5.318) (9,484) 8.594 2.93? (1,371) Total restricted funds 89,686 567,5JO (591.189) (30.451) 3),576 Total funds ?19,919 593,256 {637.707) 175.468 Page 28
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 B.qlance at 31 March 2023 Balance at I April 2022 Incoming resources Resources expended Transfers Unrestricted funds General Unrestricted Incoine Fuiids 149,508 8,300 (49,?40) ?1.665 130,233 Restricted HSBC - IMPACTAgewell@ DMT- IMPACTAgewell@ MEABC Ageing Well Aue Nl- CommLinity Navigator CFNI Creases for Carers IMPACT Demonstrator MEABC Luiich Club Launch Pad TNL- BFF HFNI Book BLiddi¢s MEABC Couiiselling CFNI - A Helpiiigy Hand MEABC - Jubilee Rock'ii. Roll Tea CDHN. BCPP ??1?3 CFNI- Seam Savvy CFNI- TIR Police Property Fund- Scamniedl MEABC- Good Relations - Mars Bar & Apple Sandwiches MOLC- Shapes J 12.000 24,633 104,667 {)J4.566) 20,008 (20,008) 1.597 ?4,633 1106,?64) 40,142 20,313 (37.1611 (1,562) (4,7061 (2.981) 18,751 31.829 {14,3761 (36) (1,7?1) (4.418) {12.? J"6) i 0.000 4.143 (5.8801 11,250) 1,484 1,809 4.084 1,172 2.934 10,427 995 i?,000 5,000 i?.000 (1,233) (5,919) (4,940) (8.??8) (6,081) (601 (.).772) 8.900 (8,560) (340) 1,984 9,850 (2,847) 863 (9.850) Totiil restricted funds 637,182 1548.77J) (21.66.fj) 89.686 Total funds 172.450 645.482 (598,013) ?19,919 Page ?9
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 The specific purposes for which the funds al-e to be applied are a5 follows.. IMPACTAgewell@ IMPACTAgewell@ is ali assets-based approacli to iiitegrated care which siipport5 Older People aged 60+ living with one or more loiig lemi health conditions in ihe Mid aiid East Antrim area. MEABC Ageing Well The Ageing Well service provides a Handyperson Service For Oldei. People aged 65+ as well as a Good Mornino Telephone service across Ballymena Carrickfergus and Lame. Connect North Service Connect Nortli is a social prescribiiiu niodel ivliich support5 individiials aoed 18+ living iii Mid and East Aiitrini. CFNI - Creases for Carers Creases foi. Carers pr()vide5 door to door ironin(y support for Older People who are caring for someone at home. IMPACT Demonstrator The Impact Demonstrator is a foLir-ncitioii review into adiilt social care, with research lookiiig al how lo embed asset based approaches iii healtli aiid soeial care. MEABC Lui)ch Club Launch Pad The Liincli Club LaLinch Pad project. supports the recovery aiid relaunch of existing lunclieon clubs in Ballyniena, CaiTickfergus and Larne following the COVID-19 pandemic. TNL BFF Tlie Buildino Fliirishiiio Friendships (BFF) Service is a face-to-face befrieiiding project, which supports Older People in Mid and East Aiitrini at high risk of isolation and loiieliiiess. HFNI Book Buddies Tlie Book Buddies project is an intergenerational reading model involving primary schools and care homes in Mid and East Antrim. aimed at improving literacy and supporting cominunity belongin CDHN- BCPP Building CommLinity Pharmacy Partnerships (BCPP) is a project which supports communities aiid conjmiiiiity pharmacists to work togetlier to address the social detemiiiiants of health aiid health ineqLialities. CFNI - Baiik of Ireland This fund provides resource specifically for the Agewell Counselling Service. which allows Older People to address emotional ]d niental health support. Ageing Well Awards The Ageivell Awards provides a platfomi of recognition for conimiinity groiips aiid individiials who SLlPPOrt Older People living in Mid and East Antrini to be better. physically, better emotionally aiid belter coi)iiecled. Additional projects lil addition to the Ley projects Iijuhliglited above, th¢ organisation has also sourced and secured funding for additional small projects to siipport and underpin the key services in prior years. These incliide. cost of living support with oiir Helping Hand5 project which SLlPPOrt¢d hoiiseholds over the winter period. Siipport with scams incSiiding delivery of oiir weekly Scamsavvy text alert, whicli Iiighlight5 new scams in circiilation. as well as omniuiiity performan¢¢5 of 'Red Flag, a theatre performance, written aiid perfornied to highlight the inipact of scams. Page 30
Mid & East Antrim Agewell Partnership Notes to the Financial Statements for the Year Ended 31 March 2024 18 Analysis of net assets between fuiids Unrestricted fund5 Genero1 Total fund5 at 31 March 2024 Restricted funds Tangible fixed assets Clirrent assets Current liabilities lJ5,47.i (7.7141 65,652 (30,076) ?01.125 (J7.790} Total net assets 139,892 175,468 Unrestrieted funds General Total funds at 31 March 2023 Restricted fiinds Tai)gible fixed assels Current assets c.urrent liabilities 113,200 (J.000) 117,557 (27,8711 230.757 (30,871) Total iiet assets JJ 89,686 ?19.919 19 Related party transactions During the year the charity Inade the tollowing related party transactions= Trustees Trustee expenses relatino to travel aiid pro(Framine faciltatioii expenses ivere incurred aiid reimbursed lo two Iruslees iii ¢lie year and totalled £318.71 12023 £549.31). Ai tlie balance slieet date the ainounl due lolfroni Trustees ivas £Nil (2023 £Nil). 20 Obligations under lefises and hire purehase contracts Operating lease commitments Total future minirnuin lease payineiits uiider non-cancellable operatii)g leases are as follows: 2024 2023 Land and buildings Within one year 10.546 Page31