Company Registration Number.. N1030661 Charity Number.. NIC104597 Shankill Parish Caring Association IA company Ilmlted by guaranteè, not having a share capitsll Annual Report and Unauditsd Financial Statsments for the financial year ended 31 March 2024 Shankill Parish Caring Association r_e JEtHRO Daly Park & Company Ltd Chartered Accountants 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland
Shankill Parish Caring Association IA company limited by guarantee. not having a share capltal) CONTENTS Page Trustees, and Other Information Trustees, Annual Report 4-10 Statement of Trustees, Responsibilities 11 Independent Examiner's Report 12 Statement of Financial Activities 13 Balance Sheet 14 Notes to the Financial Statements 15-21
Shankill Parish Caring Association {A company limlted by guarantee, not having a share capltall TRUSTEES, AND OTHER INFORMATION Trustees Desmond John Gregg Brian Richard Craig lan Gibson Mark Harvey Celine Mccready Sheelin McKeagney Kevin O'Hara Avril Stevenson Chris Stevenson Daphne Jones Rodney Blair (Appointed 2 October 20231 Rodney Beaumenl Vivien Hannah Abemelhy Patricia Bassett (Appointed 2 October 20231 Olive Hobson {Appoinled 2 October 20231 Andrew Williamson (Appointed 2 October 20231 James Dennis Johnston (Resigned 8 April 2023) Eva Mrazikova {Resigned 8 April 2023) Erin Kissick (Resigned 2 October 20231 Alison Martin (Resigned 8 April 20231 Charity Number in Northern Ireland NIC104597 Company Reglstration Number N1030661 Registergd Offlce and Principal Address The Jethro Centre 6 Flush Place Lurgan CTaigavon Co. Armagh B T66 7DT Northern Ireland Independent Examiner Daly Park & Company Ltd Chartered Accountants 4 Carnegie Street Lurgan Co. Amiagh BT66 6AS Northern Ireland Principal Banke Danske Bank 39 Market Sl Lurgan Co. Armagh BT66 6AB Northern Ireiand Solicitors Walson & Neill 23 High Street Lurgan Co. Amagh BT668AH Northern Ireland
Shankill Parish Caring Association IA eompany limited by guarantee, not having a sharo capital) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2024 The Iruslees present their Trustees, Annual Report combining the Directors, Report and Trustees, Report, and the unauditsd financial statements for the financial year ended 31 March 2024. The financial statements are prepared in accordance with the Companies Act 2006. FRS 102"The Finan¢ial Reporting standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their financial slalements in accordance with the Financial Reporting Standard applieable in the UK and Republic of Ireland IFRS 1021. The Trustees, Report contains the information reqUId lo be provided in the Trustees, Annual Report under the ststemenl of Recommended Practice ISORPI guidelines. The Iruslees of the eompany are also charity trustees for the purpose of charity law and under the company's constitution are known as members of the board of Iruslees. In this reportthe trustees of Shankill Parish Caring Association present a summary of ils purpose. govemance. aelivities. achievements and finances for the financial year 31 March 2024. The ¢harity is a registered charity and hence the report and results are presented in a fom which complies with the requirements of the Companies Act 2006 and, although not obliged lo comply with the Statement of Recommended Piactice applicable in the UK and Republic of Ireland FRS 102. the organisalion has implemented its re¢ommendations where relevant in these finanaal slalemenls. Chalrman's Introductlon On behalf of the members and Trustees of Shankill Parish Caring Association l am delighted lo report on another 12-month per(od for the organisalion. While financial perfomance has been disappointing eompared lo previous years. we have still delivered excellent results in the midst of a reduced funding environment. A personal highlight has been the success of our Living Room initiative in partnership with Shankill Parish Chureh. A project giving social opportunities and wholesome meals lo those in our community at risk of loneliness. As in previous years. surging energy costs. funding cuts and increased wage liabilities have had signifieanl impact on expenditure. This has left us unable lo invest as planned in replament assets such as a new minibus. The Trustees will also have lo raise rental fees again for the 2nd lime in 2 years. As Chairperson. I would like to thank the members of the Board for their support and efforts during the e8lendar year. I would also like to record my appreciation to the stsff and volunteers for their contribution and dedicats'on throughout the year. 11 is also important lo thank a number of Organisations wilhoul whose support we could not operate. InciedABLE. NI Community Relations Council, Shankill Parish Church, Southern Health Trust, ABC Council, The Rank Foundation. The Executive Office and the Dept of Foreign Affairs and Trade {ROII. Their support. both financial and operational, has been essential lo our success. BRIAN CRAIG (SPCA Chairl Review of Activities, Achlevemènts and Perfonnanco COMMUNITY PROVISION & FACILITIES Vvhile the 23124 year for room hire was consistent il fell short of our initial forecasts. Funding cuts from Public Sector and declining numbers al private acttvity resulted in less slots occupied than in previou5 years. The TrUstS note that there is still capacity lo increase hire- especially during the summer months and have plans in place lo assist with this. Over the yearwe continued lo provide quality affordable accommodation lo a range of local Charities, voluntary groups. Church organisations and more. Footfall on average has been about 1,900 individuals per week.
Shankill Parish Caring Association IA Company limlted by guarantee, not having a share capital) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2024 SPCA Good Relations Pmject"Rising Tlde" on displayin the Jethm Centre foyer A clean and fit for purpose facility is crucial to engaging the Community around us and meeting need long temi. The Board have invested over £20,000 in the year and are still seeking funding for capital works including LED lights and new minibus. We also continue to invest in our staff and volunteers with a range of mandatory and professional development opportunities. Staff have completed training in areas such as Diploma in Community Development, Risk Assessment Child Protsclion and much more. Some of the SPCA Trustees, Staff and Volunteers The Board were also delighted lo celebrate 30 years of SPCA with an Annlversary Event attended by over 500 people. Groups linked lo the Centre gave displays and presentations throughout the day and a range of VIP guests also attended.
Shankill Parish Caring Association IA cornpany Ilmitèd by 9uarantee, not havlng a share Capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Mayorof ABC Council with Lurgan Muslcal Society at the SPCA 30th Anniversary Event We also delivered a range of new craft and wellbeing sessions during the year includin9 Cand making. glass painting. ceramics, walking netball and much more to diversify our portfolio of activities. New Craft Classes in the 23124 year
Shankill Parish Caring Association IA company limited by guarantee. not having a shar8 eapitsll TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 WalklngNetball Tastersessions For Ladies COMMUNITY RELATIONS PROVISION In the last e1ve months our Community Relations OffIr (Carole Kane), has continued to provide a range of mentoring and support services. Highlights include several "Long Table" events. An innovative partnership with Evangelical Alliance bringing Church leaders together lo develop peabUilding strategies in Northern Ireland and the Republic of Ireland. Carole also delivered a range of knife crime workshops across the Council area lo engage at risk youth. ffllliid I-ll Young People taking part in the "Think Twice" knife crime project
Shankill Parish Caring Association IA company IlmitÈd by guaranteè, not having a share PitalI TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2024 Carole also continues her Lurgan Practitioners Forum. meeting in the Jelhro Centre monthly, which brings community sector workers in the area together to share infomiation and explore mutual working opportunities. Our Community Outreach Group also delivered over 8 events with talk5 and discussions on shared history. faith and eonflicl. These include a challenging evening with local journalist Malachy O'Doherty and his thoughts on a United Ireland with over 50 attending. ENGAGEMENTINITH ETHNIC MINORITIES In the 23124 year the project engaged with over 1.700 people through our Ethnic Minority support project. Our project worker Polina, assisted by volunteers, Trustees and other staff delivered over 209 hours of training and mentoring. Some highlights include." Bulgarian Christmas Event Celebralion1130 attending) PSNI & Ethnic Minorities Engagement Event in March {30 attending) Ukrainian Community Nl celebration in Jan {150 attending) Ukrainian Kids Club130 atlendingl Bulgarian and Romanian Roma Youth Projeel {15 attending) CEDARS PROJECT & SENIORS PROVISION Our Seniors, Programme in 23124 has been delivered by our team of volunteer group leaders. Seniors. Project Worker {Carmel McKennal and Community Development Assistant (Elaine Livingstonel. Over 350 indimduals enrolled during the year and approx. 250 per week allended activities such as Walking, Stretch & Relax, Badminton, Bridge, Bible Study. Pickleball and various other activities. SPCA Senlors Worker and VERVE Health Trainer Carmel showcasing some of the courses availabl8 at the Jethro Centre. PALMS DAY CENTRE Delivered under our service level agreement with The Southern Health and Social Care Trust land supplemented each year by our own fundraising efforts). PALMS can support a maximum of 14 clients per day. Numbers were Iow8r than hoped during the year as the service struggled lo receive referrals due to staff shortages in the local Social Work Team. We were grateful for the Trust's support and patience as we introduced additional measures lo ty and boost client numbers. Clients are al high risk of social isolation as they have a range of physical andlor mental impairment. Each day during the year clients were transported lo the Centre and welcomed by the stafflvolunteer team. Clients were engaged in conversation and a tailored plan of physicallmenlal slirnulalion. They were also provided with morning tea and a nulrilious healthy lunch.
Shankill Parish Caring Association IA company Ilmitèd by guarantee, not having a share capital) TRUSTEES, ANNUAL REPORT for the financral year ended 31 March 2024 Staff at Palms Day Centre KIDZ PATCH DAY CARE Delivered in partnership with Kings Park Primary School, Kidz Paleh is a Core part of our services, delivering quality care for an average of 35 children per day (primary school age) and 24 children per day (Playgroupl. We are delighted to note the improved financial performants this year. This was due to investment by the Committee into a new vehicle {to facilitate pickup from new schools) and additional numbers coming from Kings Park. Staff and Children at Kidz Patch Playgroup
Shankill Parish Caring Association {A ¢ompany Ilmrtéd by guarantèè, not having a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Financial Results Al the end of the financial year the charity has assets of £1,791.243 {2023- £1,874,298) and liabilities of £28,50612023 £40,232). The net assets of the charity have decreased by £{71.329). Reserves Position and Policy The reserves position of the Charity at the end of the financial year is on note 12.2 to the accounts. Jethro Reserves.. The trustees have confimied £150,000 as the level of free serveS that the charity aims lo have on an ongoing basis. The trustees believe this level of reserves is essential to cover running costs and redundancies should funding cease. This reserve policy is an integral part of the charity's planning, budget and forecasts. Kidz Patch ReseNes'. The trustees have confirmed £85,000 as the level of free reseNes that Kidz Patch need to have on an ongoing basis. The trustees believe this level of reserves is essential lo cover running costs and redundancies should trade fall. This reserve policy is an integral part of the charity's planning, budget and forecasts. Trustees The tNstees who seNed throughout the financial year, except as noted, were as follows- Desmond John Gregg Brian Richard Craig lan Gibson Mark HaNey Celine Mccready Sheelin McKeagney Kevin O'Hara Avril Stevenson Chris Stevenson Daphne Jones Rodney Blair (Appointed 2 O¢lober 2023) Rodney Beaumont Vivien Hannah Abernelhy Patricia Bassett (Appointed 2 October 20231 Olive Hobson (Appointed 2 October 2023) Andrew Williamson {Appointed 2 October 20231 James Dennis Johnston (Resigned 8 April 20231 Eva Mrazikova (Resigned 8 April 2023) Erin Kissick (Resigned 2 October 2023) Alison Martin (Resigned 8 April 20231 In accordance with the Constitution, the trustees retire by rolation and, being eligible, offer themselves for re-election. Complian¢e with Se¢tor-Wide Legislation and Standards The charity engages pro-aclwely with legislation, standards and codes which are developed for Ihe sector. shan11 Parish Caring Association subscribes to and is compliant with the following.. The Companies Act 2006 The Charities SORP {FRS 102) Approvod by the Board of TrustO0$ on 16 September 2024 and signed on its behalf by: Bri n Richar Trustee raig Desmon Trustse John Gregg 10
Shankill Parish Caring Association IA cornpany lirnited by guarantee, not having a share capital) STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 March 2024 The Injstees. who are also directors of Shankill Parish Caring Association for the purposes of company law, are responsible for preparing the financial statements in accordanGe with applicable18w and regulations. Company law requires Ihe trustees as the directors to prepa financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordan with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A {Small Entities). Under company law the trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements. the trustees are required lo.. select suitable accounting policies and apply them consislenlly., make judgements and estimates that are reasonable and prudent-, state whether the financial slalemenls have been prepared in accordance with the relevani financial reporbng framework, identify those standards. and note the effect and the reasons for any material departure fTom those standards., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial statements. The trustees are responsible for keeping adequate accounting records that are su)Ticienl lo show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial position of the charity and enable them lo ensure that the financial statements comply with. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 16 September 2024 and signed on its behalf by: Brian Richard Craig Trustse Des nd Trustee gg 11
Shankill Parish Caring Association IA company limited by guarantse, not having a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF SHANKILL PARISH CARING ASSOCIATION We have examined the financial statements of the charity for the financial year ended 31 March 2024, which comprise the Slatement of Financial Activities {incorporating an Income and Expenditure Accounll. the Balance Sheet and the related notes. Respective responslbilities 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 finanaal statements in accordance with the requirements of the Companies Act 2006. The harily's trustees considerthat an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Acl 2006 and that an independent examination is required. It is our responsibility to.. examine the financial statements under section 65 of the Charities Act; follow the procedures laid down by the general Directions given by the Charity Commission for Northem Ireland under section 65(9){b) of the Charities Act., and state whether particular matters have come to our attention. Basis of independent examiner's report We have examined your charity financial slatements as required under section 65 of the Charities Act and our examinalion was carried oul in accordance with the general Directions given by the Charity Commission for Northe 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 disdosures 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 consequenlly no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters sel out in the statement below. In connection with our examination. no matter has come to our attention which gives us cause to believe that in, any material respect: accounting records were not kept in accordance with section 386 of the Companies Act 20C the financial slatements do not accord with those accounting records the financial statements have not been prepared in accordance with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles ofthe Statement of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland {FRS102) there is further infomation needed for a proper understanding of the accounts to be reached. Independent examinerfs statement We have no cOnrS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Clara Rooney DALY PARK & COMPANY L Chartered Accounlants 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northem Ireland Date.. 16 September 2024 12
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Shankill Parish Caring Association IA company limited by guarantee, not having a share capital) Company Number: N1030661 BALANCE SHEET as at 31 March 2024 2024 2023 Notes Fixed Assets Tangible assets 1,569,735 1,613,751 Current Assets Debtors Cash at bank and in hand 10 64,105 157,403 49,584 210.963 221,508 260,547 Creditors: Amounts falllng due within one year 11 (28,506) {40,232) Net Current Assets 193,002 220,315 Total Assets less Current Liabilities 1,762,737 1,834,066 Funds EndoWMentndS Income funds.. Restricted funds Designated funds (Unrestricted) General fund (unrestricted) 1,499,252 1,554,219 3,484 69,076 190.925 1,165 79,976 198,706 Total funds 12 1.762.737 1,834,066 These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For the financial year ended 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006-, and no notice has been deposited under section 476. The trustees confirm that the members have not required the company to obtsin an audit of its financial statements for the financial year in question in accordance with section 476 of the Companie5 Act 2006. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounling records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements ofthe Companies Act 2006 relating lo financial statements, so far as applicable to the Charity. The financial statements have been prepared in accordance with the provisions applicable to cornpanies subject to the small companies, regime and in accordance with FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Approved by the Board of Trustees and authorised for issue on 16 Soptember 2024 and signed on its behalf Brian Richard Craig Trustee Desmond J Trustee The notes on pages 12 to 18 fo part of the financial statements 14
Shankill Parish Caring Association IA company Ilmlted by guarantèe. not having a Sha capltsll NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 GENERAL INFORMATION Shankill Parish Caring Association is a company limited by guarantee incorporated in Northern Ireland. The registered office of the charity is The Jethro Cenlre. 6 Flush Place. Lurgan. Craigavon, Co. Amiagh. BT66 7DT. Northern Ireland which is also the principal place of business of the charity. The financial statements have been presented in Pound (£1 which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation lo the charity's financial stalemenls. Basls of preparation The financial stslemenls have been prepared on the going concem basis under the historical cost convention. modrfied lo include certain items at fair value. The financial slalemenls have been prepared in accordance with the Slalemenl of Recommended Practice ISORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic oflreland FRS 102 applying Section 1A of that Standard. As pemiitted by the Companies Act 2006, the charity has varied the standard formats in that act for the statement of Financial Aclivib"es and the Balan Sheet. Departures from the standard formats are lo comply with the requiTemenls of the Charities SORP and are in eomplianee with section 4.7, 10.6 and 15.2 of that SORP. Statement of compllance The financial statements of the charity for the financial year ended 31 December 2017 have been prepared on the going concern basis and in aceordance with the Statement of Recommended Practice ISORPI'Accounling and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK 2nd Republic of Ireland FRS 102" applying Section 1A of that Stsndard. Fund accounting The following are the eategories of funds maintsined.. Restricted funds Restricted funds represent the monies held by the charity thal must be spent on specified expenses. Unrestricted funds Unreslricled funds consist of General and Designated funds. General funds represent amounts whi¢h are expendabLg al the discretion of the board. in furtherance of the objectives of the charity- Designated funds comprise unreslricled funds that the tjoard 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. Endowment funds The Building Fund represents the release of the restricted grants to the unrestricted serveS of the charity. This is due lo their potential claw back reducing eaeh h year in line with the granvs original letters of offer. Income Voluntsry income or p1k1 is in¢luded in the Statement of Financial Activities when the tharity is legally enlilled lo it, its financial value can be quantified with reasonable certainty and there is reasonable certainty olits ultimate receipt. Entitlement to legacies is considered established when the charity has been notified of a distribution lo be made by the executors. Income received in advan of due perfomance under a contract is accounted for as deferred incorne until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have kjeen met. All other income is accounted for on an accruals basis. Expenditure All resources expended are accounted for on an accruals basis. Charitable activities include costs of seNrces and grants. SUPPQrt costs and depre¢ialign on related assets. Costs of generating funds similarly include fundraising aclivilies. Non-slaff costs not attributed lo one category of activity are allocated or apportioned pro- rala to the staffing of the relevant service. Finan, HR. IT and administrative staff costs are directly attributable to individual activities by objective. Governance costs are those associated with constitutional and slalulory requirements. 15
continued Shankill Parish Caring Association {A eompany limited by guarantee. not having a sharè capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 Tanglble fixed assgts and depreciation Tangible fixed assets are slated at cost or al valuation, less accumulated depreciation. The charge lo depreeialion is calculated lo write off the original cost or valuation of tangible frKed assets, less their estimated residual value, over their expected useful lives as follows.. Land and buildings freehold Plant and machinery Fixtures. fittings and equipment Motor vehicles 2% Straight line 15Yo Reducing Balance 20% Reducing Balance and 33.3Yo Straight line 25% Straight line Debtors Debtors are recognised al the settlement amount due after any diseounl offered. Prepayments are valued al the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders. but not yel received at financial year end, is included in debtors. Cash at bank and in hand Cash at bank and in hand comprises cash on deposit al banks requiring less than three months noti of withdrawal. Taxation No Current or deferred laxalion ari$es as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. Any surpluses made by the charity in the financial year are used for charitable purposes which are exempt from laxalion by HM Revenue & Customs. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2024 2023 SH&SCT ABC Council Rank Foundation Dept. of Foreign Affairs Community Relations Council Other Grants & Donations 71,662 2,400 29,615 71,662 11,900 29.615 4,091 28,670 26,566 68.224 9,200 17.000 9.500 4,091 28.670 24.182 34,363 8.174 2.384 15,975 156.529 172,504 136.961 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Income from Charitable Activlties: Contributions to running costs Enrolments Parents Contributions Walkers Holiday Monies Cedars Subscriptions Palms Contributions 9.569 2,243 183.801 9.569 2,243 183,801 1.342 18.448 4200 7.206 3,886 162.531 4,526 10,502 3,429 1.342 18.448 4,200 195.613 23,990 219,603 192.080 16
continued Shankill Parish Caring Association IA company Ilmiled by guarantee. not having a share eapitsll NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Room Hire Equipment & Bus Hire Catering Income 93,807 320 9,308 93.807 320 9,308 100.700 371 8,298 103,435 103,435 109,369 INVESTMENTS Unrestricted Restricted Funds Funds 2024 2023 Investments 1,858 1,858 OTHER INCOME Unrestricted Restricted Funds Funds 2024 2023 BiomasslSol8r Income 2,526 2.526 2,333 EXPENDITURE RAISING FUNDS Direct Costs Other Costs Support Costs 2024 2023 Catering Charges Building Running costs Bus Costs 9.959 87,884 3.493 9.959 87,884 3.493 8,470 93,308 2,663 101.336 101,336 104.441 CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2024 2023 Costs of Charitable Activities 28,396 441,523 469,919 390,381 17
continued Shankill Parish Caring Association IA company limited by guarantèè. not having a share capttall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 ANALYSIS OF SUPPORT COSTS 2024 2023 Salaries, wages and related costs Accounlancylconsullancy fees Depreciation General Offi costs 368.464 6,285 51,730 15,044 291.597 4,937 50.236 7,046 441,523 353,816 NET INCOME 2024 2023 Not Income is stated after charginwlcredltlngl.. Depre¢iation of tsngible assets 51,730 50,236 INVESTMENT AND OTHER INCOME 2024 2023 RHIROCS Income Bank interest 2,526 1,858 2,333 640 4,384 2.973 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (induding executive Irusleesl during the financial year was a$ follows: 2024 Number 2023 Number Employees 20 20 The staff ¢osts comprise= 2024 2023 Wages and salaries Pension costs 358,970 4,449 286.3 4,178 363,419 290,534 18
continued Shankill Parish Caring Association IA Company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 TANGIBLE FIXED ASSETS Land and buildings freghold Plant and Fixtures, machlnery fittings and equipment Motor vehicles Total Cost At 1 April 2023 Additions 2,405,027 15,766 140,967 1,414 28.000 6,300 2,589,760 7,714 Al 31 March 2024 2,405.027 15.766 142,381 34.300 2,597,474 Depreciation At 1 April 2023 Charge for the financial year 801,929 48,101 8.595 1,075 137,485 979 28.000 1.575 976.009 51,730 Al 31 March 2024 850,030 9,670 138,464 29.575 1,027.739 Net book value Al 31 March 2024 1,554.997 6,096 3,917 4.725 1,569,735 Al 31 Mareh 2023 1,603,098 7,171 3,482 1.613.751 10. DEBTORS 2024 2023 Trade debtors Prepayments and accrued inrne 32.816 31.289 31,337 18,247 64,105 49,584 11. CREDITORS Amounts falling due within one year 2024 2023 Bank overdrafts Trade creditors Taxation and social security eosts Accruals and deferred income 3.022 15,468 3,622 6,394 5,585 8,048 7,689 18,910 28.506 40.232 12. FUNDS 12.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restrieted Endowment Funds Funds Funds Total Funds At 1 April 2022 Movernent duTtng the financial year At 31 March 2023 Movement during the financial year 282,580 13,8981 2,605 (1.4401 1,602.320 148,101) 1.887,505 153.4391 278.682 {18,681) 1,165 2.319 1,554,219 154,9671 1.834,066 171.329} Al 31 March 2024 260,001 3.484 1,499.252 1,762.737 19
continued Shankill Parish Caring Association IA company limlted by guarantee, not having a share capitsll NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 12.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Aprll 2023 Income Expenditure Transfer5 between funds Balance 31 March 2024 Endowment funds Building Fund 1.554.219 48,101 (6.8661 1,499,252 Restricted funds Cedarslwalkers Palms Friendship Funded Projects 19,790 75,992 3,808 66.720 115.9821 19,2721 1,165 1.165 2,319 84,737 76,030 16.388} 1,165 180,519 146,558 131.6421 3.484 Unrestrlcted funds Kidz Patch Unrestricted General 67,128 211.5S4 183,801 135.606 154,682 221.914 127.1711 65,679 69.076 190,925 278.682 319.407 1376.5961 38,508 260,001 Total funds 1,834.066 499.926 571.255 1.762,737 Jethro ReseNes The Iruslees have confirmed £150.000 as the level of free reserves that the charity aims lo have on an ongoing basis. The trustees believe this level of reserves is essential lo cover running costs and redundancies should funding aSe. This reserve policy is an integral part of the charity's planning, budget and forecasts. As shown above the Jelhro reserves are £190.925. This is made up as follows.. Cash al bank." £95.769 Assets.- £58.140 Debtors-. £52,897 Creditors.. £115.8811 Kidz Patch Resorves The Iruslees have confirmed £85,000 as the level of free reserves that Kidz Patch need to have on an ongoing basis. The Iruslees believe this level of reserves is essential lo cover running costs and redundancies should trade fall. This reserve policy is an integral part of the charity's planning, budget and forecasts. As shown above the Kidz Patch ieserves are £69.076. This is made up as follows.. Cash at bank.. £55,130 Assets. £12.336 Debtors.. £2.806 Creditors.. £{1,196) 13. STATUS The charity is limited by guarantee not having a share capitsl. The liability of the members is limited. Every member of the company undertakes to contribute lo 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 aSed lo be members. and the costs. charges and expenses of winding up, and for tho adjuslmenl of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1. 14. CONTINGENT LIABILITIES During the construction of the charity's premises. large amounts were raised from various Government Bodies and other funders. These grants included clauses where the grants could become repayable within 10 to 25 years of the cornpletion of the buildin9 work in the event that the building is sold or the charity is wound up.
continued Shankill Parish Caring Association IA cornpany limitèd by guarantee, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 15. RELATED PARTY TRANSACTIONS During the finanGial year £101.23 was paid to a Trustee as approved reimbursement of expenses incurred personally. 16. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial yearend. 21