RF.GISTERF.I) CHARITY NUMBER: NIC104620 ort of the Trustces and Unauditcd F"inanci#l Statemcnts for the Year Ended JI March 2024 ror Crai avon Travellers Su ort Committcc Lynn Drake & Co Ltd Chartered Accountaiils Isl floor 34 B-D Maiii Sirect Moira Co. Armagh BT67 OLF
Crai avon Travcllers Su ort Committee ContLnls of the Financial .Stalement for Ihe Year Lnded 31 March 2024 Page IIL.(ercnce and Administrativc Details Report of th¢ Trustees IndLpendenl F.xamin¢r's Report Statement of Financial Aclivities 4ita(cment of Tr inancial l)osition Notes to th¢ Financial .SlatemcntS 10 10 20 Dct#iled Statement of Fin#neial Activities 21 to 22
von Travellers Su
ort Committee Reference and Administrxtive l)Ltails for the Year Fnded 31 March 2024 TRUSTEES Ms Donn¢l StLWdrl Bernadette McQuillan larry Mccrory I)RINCIIJAL ADDRF.SS Moyliiin House 21 LcLFahory Centre Brownlow Cr<iigavon Co. Armdgh T65 5BL RF.GISTF.RED CHARITY NUMIJF.K NIC104620 INI)F.I)ENDF.NT F.XAMINF,R Lyiiii Drtike & Co Ltd Chartercd Accouiitanls I st l."loor 34 B-D Main StrcLI Moira Co. Armagh BT67 OLE IIANKF.RS l)aiiske Bank PO l3ox 183 Doiicgpall Square Wesl E3ellasl Bl'l 6J CIIIF.F Tr:XFC OFFICFR l.isa14ogg
Crai
al'on Travellers Su
ort Committee
ort of the Trustces
ror the Year F.tsded 31 March 2024
l-h¢ Iruslees present their report with the financial statements of the charity for the year ended
31 M£irch 2024. Thc Iriistees liave adopted the provisions of Accountingy aiid Reporting by Charilies:
Sialeiment of Recoinmeiided Practicc applicabl¢ lo cliarilies preparing their accounts in accord(Ince wilh Ilic
Fiiiaiicial Reporliiig Siandard applicablc iii the UK and Republic of Ireland (riis 102) (effeclive l January
2019).
OBJF.CTIVF.S AND ACTIVITIES
Vision
Craigavon Travel lers Support Commiltec's vision is a society in which Travellers are an inlcgral part of the
Loininunily.
()bjcctivcs and Aims
C'I'SC aims lo work along?sid¢ local 'l'ravellers, supporting Ihe eit)powermeiit of individuals and fain ilies that
wil I resuli in signi Iicanl improvemenls to Ilicir qu(Ilily of life.
Tliis work 15 done Ilirough:
l. A coinniuiiily dcvelopinL'nt approach which cnablcs and cinpowers 'fravellcrs lo ailicul¢ltC' 4ind <iddrcss
Ilicir own n¢¢ds.
2. 1)ailiiership workiiig with other abyencics which informs and promotes the provision of cultural ly-sensilivc
SL'rvicLs.
3. Addressing racisni and discriin ination at individual dnd inslitutional levcl8.
4. 1)roinoiing iiitcgralion of 'l"ravcllers and Ilie wider coininunily.
5. 1)cvL'lopiiig pol icy posili01is. boih proactivLIy lind in re.spoiisc lo slalulory bodies 01) is.sues Ilial ncgpdtively
iiiipaLt 'fravL.IILr5.
Spccifically, CTSC will coiilinLIe:
i. 'ro cnsure Ilie accoininodatioii nLcds ai)d cxpericncc5 of 'fravellers arc continual ly liigFhlighied.
2. 'fo wurk wilh the Nortlierii IrLlaiid Ilousing L xLculivc aiid oihcr stalutvry
Crdi
von Travellers Su
ort Committee ort of the Trustees ror the Year Lnded 31 March 2024 OBJECTIVES AND ACTIVITIES Public bLnefit 'I'he publ ic benefits that flow from the purposes listed are.. l . Tlic advancement of cili7.cnship and comm unily development of the Irish Travel ler coinmunily. 2. The advancement ot" education for Irish I'ravellers and ihe increased cultural understanding and respcct for diversity. 3. '1"lie (Idvanceinent of Ihc healtli and wellbeing stalus of the Irish 'fravel ler community. 4. '1'lic reliel. of those in need by rLason of youili, age, ill-liealth, disabilily. fiiiaiicial hardsliip and othcr disadvaiitages. 5. 'fhe advancement of liuinan righis and the promotion ot" racial harinony, respccl and equality of oiilcoine. I"lies¢ beiiefiis are evidenced Ilirougli ¢onsuliaiion ai)d feedback froin our service uscrs dnd rLgular inlci'nal diid external reviL'WS and evaluations ol" our scrvices. Qual ilalive data and quantitative statistics <icross all our serviLLS arL' rLLordL'd. moiiiiorLd aiid rLvicwed oli <1 quarlLrly b£iSiS. I.'LLdback is also recorded fruin cxlcriial agei)cies that refer inlo our services or work directly witl) the orgdnisalioii to support Ilie coininunily. Whilsi Ihc wider PLiblic and other scrvice provider5 may indircctly bencfii froin our services, tIIL' priinary bciieficiaries are the I risli 'fravel lers residing and/ or working in Ilie wider Craigavon and E3anbridge areas. Addilional privale bcnefil 15 acqui rcd by service iisers who gain ski I Is, knowledge aiid qual ificdlioiis wliicli <irL IrdiislerablL' lo ()IlILr SL'ltiiigs. 'I'licsL bciicl Its arc incidL'ntal Lind IiLCCS8dry to Liisurc IliL bLIiL fil is Iirovidcd lo our bLiILI iCidfiLS. 'I"hL'se bciiclils are gjrcaily outweigFhed by the giaiiis iii publ ic bLncfil dnd iio liarin ai'i.sLs rrom ihcse purposes.
Crai avon Travcllers Su orl Committce ort of the Trustees ror the Year Fnded 31 March 2024 ACHIEVF.MF.NT AND PERFORMANCE Cha ritable activitie5 c'rsc conlinues to work to support Ilic nL'eds, wishes and aspiralions of Travellers living in, working in or visiliiig ihc wider Craigavon and 13anbi'id&?L areas. Ai 31 Marcli 20?4 C'I'SC was providing support to over 175 fain ilies including approximatcly 390 ddulls and OVLr 365 childrcn. 61 of these fainilies were actively nomadic ¢iiid support coiitiiiucd to be provided via telephone to Ihem. c'rsc pi'ovided wriiicn cvideiicc to several goveriiineni and statutory consulialions Iliroughoul Ihe period iiicl Liding: 'rr.o's Ilacial Equalily Stralcgy IIL'VILW l.aLiSilaled tlie SouihLrii I IL'altli .1 rus1 Travcller Engagcinenl Rcscarch CI'SC conlinue lo Inaintaiii aiid streiigihci) links with aiid on behalf of Travcllers ai)d oihcr agencies aiid are I'epr¢s¥ntL'd on a nuinb¢'r of regional slr£ilLgJic fora including.. 'ri)e E.%eculivL' oi'fice's 'fravLllcrs -I'IIciniilic Ciroup SI-ISC'I" Traveller Action Group l)Libl ic I ILalili Ag)ciicy Travel Icr I ILdlili aiid Wel Ibeing Foruin oinin illcc 011 tlie Adiniiiislriilion of Juslicc 'hc I quulily Coalilion CORF. PROGKAMMF.S CI'SC'S core coinmliiiily dcvLlopinciil programmcs such as oul f¢iinily Supporl Scrvice, a youth progpr¢imine, Womcii's Groups aiid Parciil and 'foddlL'r scssioiis. CTSC contlllUCS to offer bLfri¢ndinbi calls to th05c most isoldled. -Ihe Iri51I Tr(IvcIIL'r Couiiselliiig l)roject also LontinLlCS lo grow willi deinand steadily iiiLrcasing tlirougli exlernal referrals and word ol. moulli recommendations. 'riiruughout 2023124 CTSC contiiiued to work with children and young people, panicularly to support. where possible, Ilieir relurii aiid oiigoing eng7ag?cincnl with fom)al cduc(Ition. We coiiliiiue to lacc ilic challeiigye of l<irLye iiiimbers of children not registered and nol ¢ng?ii&Jing with cducation. We do not believe ihal numbers of children accessiiig educdtion lias rcaclicd pre Covid lcvels sli11 at this dale. Slal'f conlinLied lo provide support to access a wide r¢inbJe of scrvices iiicluding applications for w¢lf<irL bLiiel ils, de(Iling willi problems in acccssin&) accommodation and healtli serviccs. I n Apri12023 Ihree ycars of core funding 'aS seclired from "rhe F,xccutive OftlLL'S Minority Devclopment rund wliich cnabled CTSC lo coininit to supportiiig the ongoiiig developinenl of Ilic TravellLr Tlicmati Lifoup. Ihc first Governincnt led foruin sincL' the establishment ol. Ilie Nl Assembly. FINANCIAL RF,VIEW Financial posilion "I'IIL Cliariiy liad nel ouigoin&i resources for the period of £12,372 (2023.. net incoming resources of £43,584). ljnresiricted fuiids decreascd by £4,491 while restrictcd fuiids have also decreased by £7,881 .
Crai
dvon Travellers Su
ort Cummillce
ort of the Trustc'es
for the Year F.nded 31 March 2024
FINANCIAL IIEVIF.W
Ile5erves policy
'I'lie charity's policy is to retain a level of free reserves, which matches the needs of the organisalion both at
thL' currcni iiinc aiid iii ihe foreseeable future. The cliarity has developed a pliin to esiablisli aiid Inaintain Ihis
agreed level of free reserves. The cliarity will continue lo monilor compliance wilh Ihis pol icy on a regular
b¢tsis aiid the Board ivi11 review tlie appropriateness of the policy annually.
FUTURE I>LANS
C'I'.%C will coiilinue lo develop Ilie Counselling service our aim is to develop a mainstreain servi¢L Ilial
I"ravellcrs across the Norlli can access. We a150 plan to offer therapeutic services lo younb people abyed l O
Wc will continue our policy and strategic work and hope lo source addilional funding 10 ITiainlain il in Ilic
lonb)er leriii.
CI'SL will also lobby and advocate for ihe developmenl of dedicdtL'd Travellcr SuppoJ1 services in all areas
willi hig)h nuinbers ol. Irish Travel ler residents.
c'rsc will conliniic lo lobby for the devLlopinenl and ii)Irodiiction of a resources I rish Trdvcller %traleby in
l iiil with tliose slr<ilcgics inlrodiiced in Scoiland, Wales and ihe Il¢public of Ii'cland.
S'I'IIUCTURF, GOVERNANCF. ANI) MANAGFMF.NT
oi'erning d()cumLnt
'I'lie charily is Loiilrolled by its govLrniiig docuineiil. a deed of trust and coiislitutes an uiiincorporated
clidrily.
Risk manaxemcnt
I'iiiiiiicial risks <ll'L
Crai avon Traveller5 Su ort Committee Ile ort of the Truslces ror the Year Ended 31 Mareh 2024 TRUSI'EES, RF.SPONSIBILITY STATFMF,NT Tlie trustees are responsible for preparing the Report of the Trustees ¢iiid thc financial stat¢iiienls in accordancc wilh applicable law and United Kingdom Accounting Standards (Ui)iled Kiiigdom Generally Accepted Accouiiting Pr<lCtice). "rhe lilw appliLable to charilies iii Norlhern Ireland requires the Iruslees to prepare fiiiancial slalemenls for eacli fin4tncial yedr whicli give a Ii'ue and fair view of thc state of affair5 of the charity and ol. Ihe incoming resources and applicalioii of resources, i ncl uding tlie income and expeiiditure, of Ihe chiirity for thdl period. I n prepariiigy Iliose fiiiaiicial stalcin¢nls, Ihe truslecs are rcquircd lo select suitable accountiiig pol icies and Ihcn apply thein consistently observe tlie meiliods and principles in the Cliarity SOIIP lll¢ike j udg7emenls and estimates ilial are rea.%oiiable and prudeiii slale whether dpplicable <iccouiiliiigJ 51andard5 liavc beeii follow¢d. subject lo any malerial depdrliires disc105ed aiid cxplaiiicd in the findncial slalcmciits prepdre Ilic finai)cial slatLincnts on the goin&J coiicern basis iinless it is inappropriatc lo prLsLiine Iliat Ilic charity will coiiliiiue in operatioii. "rhe trustees arc re5poiisible for kccping proper ac¢uuiiling record5 Ihai disclose willi reasoiiablL accuracy al any liinc IhL financial position of tIiL' chdrily and en<ible tliem lo ensurc iliai Ili¢ fiiidiici£il slalcinciils coinply willi IhL Charilies Acl (Nonhern Ir¢ldiid) 2008. the Cliaritics (Accounls and IILport5) RLg)ulalioi).s (NorihL'rii Irelai)d) 2015, and Ilie provisioiis of IliL lru.sl dLcd. I'licy are also rL.sponsiblc for safes) Liai'diiig ihe asscl% or IIIL. cliarily and hLIiLL for takiiig rci1Sonable steps for the prLvciiiion and dcieclioii ol. fraud aiid ollicr irrLlb?Lilarilies. Ai?proved by order of Ihe board of Iruslees on 20 December 2024 and sig71)ed on ils behalf by: Barry Mccrory - 'I'ruslee
Inde endcnt Examiner's Re ort to the Trustees of
von Travcllcrs Su
ort Commitlee I report on ihe accounts of the cliarily for the year ended 31 March 2024: which are set out on pagcs eight to twenty. Respective responsibilities of charity trust¢es and examiner As the cliarity's trust¢¢s you are responsible for the preparation of tlie accounls in accordancc with the requirements of ihe Charities Act (Northern Ireland) 2008. It is Iiiy responsiblily to: exainine Ilie accounts under Seclion 65 of the Charities Acl rollow Ilie procedurcs liiid down in the general Directions given by the Cliarity Conimission for Noriherii Irelaiid undcr 8eLtion 65(9)(b) of the Cliarilies Act slalc wh¢iliLr particular matlcrs liavc comc to Iny all¢iiiioii. Ilasis of the independent examiner's report I havc examined your charily accounts as required under Section 65 of the Charitics Acl and Iny e.xain iiialion was carried out in ¥iccordance iviili the gcnLral Direcli0115 griven by tlie Charity Coniinission for Norilicrn Irclaiid undLr Scclion 65(9)(b) of the Cli<iriliLs Acl. The exaiiiiiidlioii included a r¢viL'w of Ilic accountin record5 kL'pt by the charity and a coinparisoi) of Ilie accounts pr¢5¢nicd willi tliose r¢cords. It also iiicluded Consideration ol. liny unusual ilems vr disclosurcs in the accounts, and 5eckiiig explanalions froin you as ch¢irity truslecs concerning any such matters. My rolc 15 to statc whetlicr any material Inatlcrs huve comc to Iny atlcntion giving Ine cause to bel ieve.. Tlidl ilCLOLinling) rccords werL' not kepi in acLordaiicc willi %eLlion 63 of Ili¢ Charities Acl 1-h¢il IhL' accounts do iiol accc)rd willi iliosc dCCOLllltiiig rL'Lords -l-liat lh¢ aLcouiils do iiol Loinply willi Ilie acLouiiting r¢qLiircineiit.s of tlie Cliarilies Acl That ih¢re is lurthcr iiitorinalioii iiecdLd lor a proper iinder.st¢inding of Ilie acLOUllts tv be rcaclied. Indopendcnl cxaminer's statL'menl I lidvc coin pILlcd Iny Cxdiniiiatioii and havc no concLriis in respccl of the mallers ( l ) to (4) lislcd <ibove aiid, iii coniilclioii willi fol lowi lig IliL' DirLcli0115 of tliL' Cliarily Coininission for Norilicrii Irclai)d, I havL foiiiid iio Inallers Ihal require drawin&J to yOLir altLiilion. Billy Dr FCA l.ynn Drake & Co l.td Chartered Accountants 1st floor 34 B-D Main Sireet Moira Co. AriMagh BT67 OLE 20 Dcccinber 2024
Cr#1
von Travellers Su
ort Committec Statement of Financial Activities for thc Year Ended 31 March 2024 Period 111122 lo 3113123 olal runds Ye¢ir Elided 3113124 Tolal funds Unrestricled Ileslricted fuiids funds Notes INCOME AND ENDOWMENTS FROM Doiidlions and Icgacics 220 Charitable #clivitlCS (irant Iiicome 37,229 129.742 166,971 247,874 oilicr Irddiiigl 4lCtivitics 10.149 10,149 5,087 'rotal 47.378 129,742 177,120 253,181 FXI)F.NDITURF. ()N Cha ritJble ALtivitic Direcl Charitdble l-xpenditiire Cjovernaiice 51.812 57 134.983 2,640 186.795 2,697 ?05.239 4,358 Total 51,869 137,623 189,492 209,597 F.T INCOMF.I(F.XI)ENI)ITURF.) (4.491) (7,881 } (12,372) 43,584 REC()NCILIAI'ION 0 FUNDS 'I'olal l unds brou&ht lorward 131,682 36,255 167,937 124.353 TOTAI, FUNDS CARRIP.I) F()RWAKD 127,191 28,374 155,565 167,937 The notes form part of these financial slatemenls
Crai avon Travellcrs Su ort Committee Statement of Financial Position 31 March 2024 31.3.24 31.3.23 Noics FIXFI) ASSEI'S .1 angj ible asset5 581 913 CURRENT ASSFTS Dcbior5 Casli at bank 10 46,661 112.972 15,77) 155,487 159,633 171.260 CRF,DII'ORS Amouiils fiillin&) duc wiihin one year (4.649) (4,236) NF.T CURRF.NT AS4iF,TS 154.984 167.0•4 T()'I'AL AS.SF.TS LF.SS CURRb.NT LIAIIILI'fiF.S 155,565 167 (}37 NF.T ASSETS 155.565 167.937 UNI)S Iliirc%lriLled luiids IIL'slriclcd l iii)ds 13 127.191 28.374 131,682 36.255 TnTAI. FUNDS 15.5.-565 167.937 I'lie financial statements were approved by the Board of Truslccs aiid autliorised for issue 011 20 DeccinbL'r ?024 dnd wcrc sigincd 011 it5 behalf by: Barry Mccrory - Trustee Ms Donna Stewart - Trustee The iiotes forin p(iri of tlicse finitncial statemenls
Crai avon Travellers Su ort Committee Notcs lo the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES llasis of preparing the financial slatements (a) General information and basis of preparation The charity constilutes a public benefil enlity defined by fRS 102. The financial st&ttemeiits have b¢en prepared in accordaiicc with Accounliiig and Ileporting by Cliarities.. Slalcinciil of Recomincnded Practice applicable to cliarities preparing their accouiits in accordance with Ihe rinanLial IILporliiib Sldiidard £ipplicablc iii Ihe UK (ind Rcpiiblic of Ireland is%ucd iii 2019 IIIC rinaiicial R¢porlinb Standard appliLablL ill thc United Kingdom and Republic of Ireland (F RS 102), tlIL Cliariti¢5 ALI (Nortlierii Irel<iiid) 2013, Ihe CoinpaniLs Acl 2006 aiid UK (ieiierally Acceptcd Practice. Tlie finaiicial stalcincnts arc prepared on a going concerii basis undcr the l)istorical cosl convention, modiliL'd lo include ceriain ileins al lair value. I'he finaiicial stdleincnt.q arc prcseiilLd in slcrliiig wliicli 15 tlic fuiictional currency of the cliarily. Tli¢ 5igJ iii ficanl accouiilinu policiL5 appliL'd in IIiL prcparalioii of tlic%c finaiicial 8lalciMeni% arL gct oiit below. 'I'hcsc policiL5 lidve bccn coiisistently applicd to <1] l ycars presciiILd unlLSS oilierwisL sldtLd. {b) Funds UiircslriclLd fuiids arL' avdildble for USL ai tlie discretion of Ilic Iru51cc5 in fLirilierdncL of Ihc g)CllL'ral objeclivcs of Ilie charily and which liavc not bceii dcsibiiialLd for olhL'r PLirposcs. DLsigTnalcd fuiids coiiiprise Linrc5triclLd fui)ds Ihai havc bccn sct aside by tlic Iru%leL.% lor P<lrtlCLilar piirposes. ThL aiin <iiid use of e4iclI dLsigiialed fund is set out in Ihe noiLS lo Ilie I Iiiai)Cldl slatcincnls. R¢slriciLd funds are funds whicli <ire lo be used in dccordaiicc will) specific rcstriclions imposed by donors or which have bcLn raiscd by tl)e cliarity for Piirlicular purposes. I'he cost of raising aiid adiniiiislering such funds are cliarg)Ld against tlic specific fund. 'fhe aiin aiid usc of eacli r¢.slricied fund is sct out in the nolcs lo the fiiiancial stateineiils. rurther cxpldnatioii of the natiire and purpose of cacli fund is included in tlie nol¢s to the fiiiancial sl<einLnls. {c) Income rccognition All iiicom iiig resources are incl uded in thc Stateinenl of l inancial Activitie5 (SOF A) wlicn ilic charity is legally entitlcd io the incoine after any performance conditions have been mel, the ainount can be Me(ured r¢liably, and il is probablc Ihat the incoine will be received. ror doiialion5 to be recognised Ilie cliarity will have been nolificd of tlic amounls and the settlcmenl date in writing. Ir there are coiidition5 attached to the donation and Ihis require5 a level or perfoi'maiicc before entiilem¢nt can be obiaiiied then incoine is deli'rred until Iliose condilioiis arc fully m¢t or tlie fuifilmcnl of those Conditions is within tlie control of Ilic charily and il is pi'obable that they will be fulfilled. Voluntary incoine is received by way of grants, doiialions and gifts aiid is included in full in the Statement of Financial Activities (SOFA) wheii receivable. Incoine reccivcd from collections is recognised Nvlien received. continued...
Crai
avon Tr#vellers Su
ort Committee
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES- continued
Basis of preparing the financial statements
Donated facilities and donalcd professional serviccs are rccognised in incoine at their fair vallie when
their economic benefit is probable, il can be measured reliably. and Ihe charily lids control ovcr Ilie
item. F(iir valuc is delerinincd on the basis of ilic v(Ilue of Ihe gift to tl)e charity. l.-or ex£imple. Ilie
aimounl Ihe Lharity would be ivilling io pay in ihe open Inarkct for 5uclI Idcililies aiid services. A
corresponding amouiit is recognised in expenditure.
No amouni is included in the financial siateinents for volunteer liine in line with ihe SORP (FRS 102),
Further dLtail is givcii iii tlic 'fruslee5' Aniiual Report.
ror ILb7aciL.s. entiileinciil is ihe earliL'r of the ch<trily bcing noti Iicd of an impending dislribLilion or Ilic
Icgacy bLing rcceived. Al tliis point incoine is recognised. On occasioii ILg?&icies will be iioliliLd io
Ilic clidrily hoivcvcr il is iiol possiblc lo iiiea5urc tl)L ainoLinl c.xpcLtLd to bc dislribulLd. Oli IliLse
OCC<lSlOllS, tlIL' legacy 15 Irealed as a Loiilingcnt
Crai avon Travellers Su ort Committee Notes to the Finaniidl Statement5 Continued for the Year F.nded 31 March 2024 ACCOUNTING I'OLICIF.S - continued Basis of prcparing the financial statements Support costs are tliose that assist the work of tlie cliarity bui do not dircctly represent charilablc <iclivities aiid incl ude ol'l Ice costs, g7ovLriiancc cosls, adminislralive payroll cost.s. -l-liey (Ire i IiLurred directly in support of cxpenditure on the objects of lh¢ charity aiid include projecl Inanagemeni carried oui at I Icadquarters. Where 5UPPOrt costs cannot be directly atlribuied to particiiliir headings they have been £illocatcd io cost of raising funds aiid expendilure on charitable activitics on a basis consistenl iviili use of Ilie rc50urcL's. l)remises overheads liave been £illocdtcd on an insert dclail basis aiid othcr overlieads have been allocalcd on a basis coiisislcnt with tlie Lise of resources. Fund-raising cosls are those iiicurred in secking voluntary conlributions and do not incl udc Ilic costs of dis5cinindting inforinalioii in support of the cliarilable aclivilies. (O Tangible fJx¢d assets Tangible fixed assets are stated at cosi less accumulated deprecialioii dnd accumulatLd iinp<iiriiicnt losses. Cost includcs costs directly atlributable io making? Ihe assct C<ipabl¢ of opLI'aliiigF a5 inlcndLd. Deprccialion is provided on all laii&)iblc fixed a5SLt5, at rales calculaled lo write ol'f il)e cosl, Icss esliinatcd residual value, of each assct oli a systcmatic basis ovcr its cxpcclL'd useful life as follows.. F ixtures & Filtiiibjs 200/0 Straighi line (g) Finaneial Instruments I'lie chiirily only ha5 finaiicial as5cls and liabilitiLs of d kind Ihal qLialify as ba.4ic linaiicial iiistruinenls. 13asic fiiiancial inslruiiienls arc iiiilililly I'Lcogiii5cd al transdclion valuL lind subscquLiiIIy InedsufLd ilt seiilcincnl V<iluL. (h) Impairmcnt Ass¢ls nol mc&sLircd at fair value are reviewed for any indicalion Ihal Ilie asset In<ly bc impaired at eacli balancc shL'cI dalc. I f. sucli indication exisls, the recovcrable ainouni of the assLt, or Ilie asscl's cash g¢iiei'ating unit, is eslimaied and compared lo the carryingi amount. Whcrc ilie carrying) iiiiiounl exceeds ils recoverable aiMoLint. ali iiiipairinent loss is rccogi)ised in profil or loss unless tlic as5cI is carried at a revalued dinounl wher¢ tlie iinpairinenl loss is a revaluatioii dccreasL. (i) Provisions Provisions arc rccogiiised whcn the charity has an obligalion al tlic balance Sheet dalc as a rcsull of a pasl event. it is probable thal an outllow ot e¢oi)omic benefits will bc required iii seltleinent and the amount Cdn be rcliably estimated. li) Lcases Assets acquired under finance leases lire capitalised and depreciated ovcr the sliorler of the leasc tcrin aiid the expected useful life of the asset. Miiiiinuin lease paymeiils are apporlioncd between ihe finance cliarge and the reduction of the outstanding lease l lability using ihe efteclive interest Ineihod. The relaied obligations. nct of future finance charges. are included in credilors. 12 continued..
Crai avon Travellers Su ort Cotnmittee Notes to the Financial Statcmcnts - continued ror the Year Ended 31 March 2024 ACCOUNTINC POLICIF.S - continued Basts of preparing the financial statements Ilentals payable aiid receivablc under operating leases are charged io ihe SOFA oli a straight line basis over th¢ period of the lease. (k} Tax No provisioi) is reqLiired for taxation as tlie company is defined as a charily for laxalion purposes. The chdrity is a registerL'd charity and so such 15 eniillcd to certain lax exemptions on incomL and profits from iiiveslinents and surpluses on any trading activiliLS carried on in furih¢riince of tl)e charily's priiiiary objectives, i r ihL'se profits and surpluses are applied solely for charitabl¢ pui'poscs. (l) Going coneern 'rhe finaiicial sliiiemLiits havc been prepared on a goingy conccrn basis as the IriistL'es believe Ilial no Ir¢at¢rial uncertaii)lies exisl. 'ri)e truslecs liave considered Ilie level of funds Iicld aiid Ilie cxpeclcd level of incoine and expLiidilurc for 12 months Iroin autliorising the5¢ Iinanci<il sldlL'ineiits. 'I'li¢ budb)eted incoinc and c'xpciidilure is surricient with the levLI ol. rcscrves for Ilic cliarity lo bc able lo cunlinLlC as a gi()in&¥ Loiiccrii. {m),ludgcments cstim#tes The following j Lidgeinents including Ihosc involving estimalcs Ihal have bc¢n Inade iii tlie proccss or applying Ili¢ dbowL ¢lCCOlllltiiig policies th<ii have had tlic Inosl sig)Iiificanl errLLt oli Ilic (11)iounts rccobiiiised in the linaiicial slalcincnt% and Iliat have a sigini fic£int risk ot. causing a materi<il adjuslinenl to Ilie cdrrying ainounts ol"assL'ts aiid lidbililies wiihiii the ncxl financial yC<ir: (i) depreciation InLihod diid dsset usclul l ives I'he estiin<ilcs and assuinptions (ire reviewed on an ongyoiiig ba.sis considcringy Ihc curreiil and fulurc markcl coiidilions. Taxation I'IIL. cliarity is a registered charity and so such is enlilled to certdin lax ¢xeinptions on ii)come and profit5 froni invLstmeiils and surplii.qcs on any trading ilCtivili¢s carricd on in furthcraiicc of cliarity's primary objectives, i f thLsc profits and surpluses are appl led solely for Lharit<ible purp05L'S. Fund accounting Unrc51ricled funds can be used in accordance wilh ihe charilable objeclivcs at ihe discretion of Ihe trLlStees. Restricted funds can only be used for particular restricted purposes withiii Ihc objects of the charily. Reslrictions arise wheii Specified by the donor or whcn funds are raised for particular rcstricted purposcs. l-. Llrthcr e.Kplanation of the iialure and purpose of each fund is incliidcd in tlie notes lo the financial st<tleinenls. continued...
Crai avon Travellers Su ort Committee Notes to the Financial Statement5 - conlinued for the Year F.ndcd 31 March 2024 DONA'fioNS AND LEGACIF.S Period 111122 10 3113123 Year r.nded 3113124 Triiining Incoine 220 ()THFR TRADING ACTIVITIFS Period 111122 lo 3113123 YLar Elided 3113124 Maiidgyement Charges Ilaiik Inlcresl Ileccivcd 8,909 1 .240 4,687 400 10.149 5.087 INCOMF. 14ROM CIIAIIITABLF. ACTIVITlb.S Period 11112? lo 3113123 Year l-. nded 3113124 ALtivily (irant Incoine Granls 166.971 247.874 Granls rcccivcd. included iii the above, dfc ds follows: Period 111/22 lo 3113123 Year r.ndcd 3113124 SklSCT & PHA Chi Idren's SL'I'vices Plaiining CliildrLli In Need TEO MEDr Armagli Banbridge & Craigavon Council Joseph Rownlree folindation Nortliern Ireland Irish l-ravel lers Counselling) Project Irelands l und 37.229 17.384 21,976 44.538 1.885 43.959 52,458 13.565 27.917 51.-58? 5.003 62.684 26.243 8,422 166.971 247.874 14 continued...
Crai avon Travellers Su ort Committee Notes to the binancial Statements - continucd for the Year Ended 31 March 2024 CHARITABLF. ACTIVITIES COSTS Direct Costs Support costs Totals Direct Charitable Expenditiire Govcrnance 186.795 186.795 2.697 2,697 186.795 2,697 189.492 INDEI)ENDENT EXAMINF.RS IIEMUNF.RATION I'lie independent cxainincrs remuncralion ainounts to an indcpendcni exainination fee of £l.000 (2023.. £1,000), TRUSTLES, RTr.MUNERATION ANI) IJENF.FIT&i Tlierc werc no trusiees, remuneration or oiher benclits for th¢ year endcd 31 M<irch 2024 iior for Ihe period ciided 31 Marcli 2023. TrusteL'$' expcnscs 'I'lILrL wL'rc no truslees, expenses Pdid for ihc year eiidcd 31 March 2024 nor for tlie period cnded 31 Marcli 2023. STA Tr F C()STS Pcri()d 111122 lo 3113123 Year l..iidL'd 3113124 Wa&)es and salaries Social seclirily Losts oIIILr pciisioi) cosls 118,065 5,803 137 146,498 9.104 1,049 124,005 156.651 The averagic montlily nuinber of employees during the year was as follows,. Period 111122 to 3113123 Year Li)ded 3113124 Mandgemenl & Admiiiistratioii No einployees received emoluments in cxces5 of £60.000. The key management personnel of the charity comprise of the Chief Execulive Of'ficer and Finance Manager.l-he salaries paid lo key Inanag¢inent personnel being tlie Chicf Executivc officer and Finance Manager during ihe period totalled £78,496. (2023- £77,162) continued...
Crai avon Travellers Su ore Committee Notc5 to thL. Financial Statements - continued ror the Year F.nded 31 March 2024 TANGIBLE FIXED ASSETS Fixtures fillings COST At l April 2023 and 31 March 2024 21,919 DF.PRECIATI()N Al l April 2023 Charge for year 21,006 332 At 31 Marcli 2024 21.338 NF.T BOOK VALUE Al 31 M(Ircli 2024 581 At 31 March 2023 913 10. I)F.IIT()RS: AMOUNTS FALLINI: DUF. WITFIIN ONE YF.AII 31.3.?4 A 11 diid Craig?avon Council Ml-. DI." PrL'P£iyiiieiits and accrued incoine 1,885 44,776 1.251 14.227 2()5 46.661 15,773 CREDITORS: AMOUNTS FALLING DUTr. wi'fFIIN ONF. YEAR 31.3.24 31.3.23 Accriied expenses 4.649 4,236 12. ANALYSIS OF NET ASSF.TS BETWEEN FUNDS 31.3.24 Tolal funds 31.3.23 'rotal funds Unrestricted Reslrictcd funds fund5 Fixed assets Current assets Curreni l iabil ities 581 129,386 2,776) 581 159,633 4,649) 913 171,260 4.236) 30,247 (1,873) 127.191 28.374 155.565 167.9i7 continLied...
Crai avon Travellcrs Su ort Committee Notes to the Trinancial Statements - continued for the Ycar Ended 31 March 2024 13. MOVF.MENT IIY FUNDS Nel moveinent iii funds At 114123 3113124 Unrestrieted funds Corc F und SHSCT- C<tpital 130,769 913 (4.159) 126,010 581 131,682 (4,491) 127.191 Restricled funds Clii Idreii's Scrvice Planning Clii Idreii iii Need Arinagli B<inbrid&)e & Craigavoii Council Joscpli Rowntree Foundatioii NorthL'rn I reland I risli Travellers Counsell ingy Project 405 6.776 3,052 11,897 3,457 18,673 42 (42) 6.8?9 22.203 {2,022) 20,766) 4,807 1,437 36.255 7.881 28,374 T()'fAL FUNDS 167,937 1?372) 15.5,i65 Net moveinei)t in fuiids, includLd in the dbove arc as fol lows.. Iiicoin ing rL'sources Rcsourccs CXPL'iidcd M()VLlI)cnl in luiids Unrestricted funds Corc F uiid si Isc'r - Capital 47,378 (51,537) (4.159) 47,378 (51,869) (4,491) Re5trictcd lunds Clii Idreii's SL'rvice Planniiig Children iii Nced Tb.0 Ml-. Dr Arinag)Ii Bdnbridge & Craigavoii C'oLincil Joseph Rowntree Foundation Norihern Ireland Irish Travellers Counsell ing Project 17,384 21,976 44,538 (14,332) (10.079) (44,538) 3.052 11.897 1,885 (1 ,927) (42) 43,959 (45,981) 20,766) (2,0?2) 20,766) 129,742 137,6?3 7.881 TOTAL FUNDS 177.120 189,492) 12.372) 17 coi)liiiued..
Crai avon Travellcrs Su orl Committee Notes to the Financial Stulements- continued for the Year Ended 31 March 2024 13. MOVF.MENT IN FUIYDS - continued Comparatives for movement in funds Nel movement iii funds Al 3113123 At 111122 Unrcstriclcd funds CorL' fund SHSC'f- Capitiil 113,136 1,328 17,633 130,769 913 114,464 17,218 131,682 Ile5trictcd funds Clii Idreii's Scrvice Planiiing L hildreii in Nccd Arinagli Elanbridgyc & Craigpavon Couiicil Joscpli Rowiitrce foundation Noriliern Ireland St 8tephcns Green 'l"rust Irish I"ravellcr5 CouiisLlling) l)roject 405 4.222 405 6,776 2,554 839 (797) 42 6,829 (6,496) 22,203 6,829 6,496 22.?03 9,889 ?6,366 36,255 T()TAL FUNDS 124.353 43.584 167.937 contiiiued...
Crai avon Travellers Su ort Committee Iyotes to tbe Financial Statements - continued for the Yeur Endcd 31 March 2024 13. MOVF.MENT IN FUNDS - eonlinued Coinparalivc net Inovement in funds, included in Ihe abovc are as follows: Incoming resources Resources expeiided Movement in funds UnrL5tricted funds Core l.-Lind S14SC'I" Capital Irclands F und 53,078 (35.445) (415) 8,4?2) 17,633 (415) 61.500 (44,282) 17,218 Rcslrictcd fun(15 Lliildi'¢ii's %LI'ViCL Pl¢inning Clii Idrei) iii Need 'ri=.o MFDF Arinagli IlaiibridgL & Crliigyavoi) CoLincil JosL'ph RoKvntre¢ l."ouiidatioii Northcrn Ircland si StepliLns CJrL'cii 'frusl Irish -fravellers Counselling) Project 13,565 27,917 51.582 (13,160) (23,695) (51.582) 405 4.?22 5.003 (5.800) (797) 67.371 (60.542) (6.4C)6) 4.040) 6,829 (6.496) 26,243 191,681 165.315) 26,366 T()'fAL FUNI)Si 253,181 2119.S()7) 43.584 14. CONTINGFNT LIABILITIF.S A coniiiigeiil l iabilily exists io repay any grants received sliould certaiii conditions nol bc ful fi I led by the Orgaiiisalion. 15. IIF.LATED PARTY DISCLOSUIIES Tliere were no related P<irly Iransactions for the year elided 31 March 2024. 19 conlinued...
Crai avon Travellers Su ort Committee Nutcs to the Financial Stalements - continued for the Year Fndcd 31 March 2024 16. POST BALANCE SHEET EVENTS There were no events after the reporting period Iherefore iio Inatcrial issue5 need disclosed. 20
Crai avon Trai'ellers Su ort Commillee l)etailed Slatement of Financial Activilics (or the Year Ended 31 March 2024 l)eriod 111122 lo 3113123 Year Ended 3113124 INCOMF. AND ENDOWMENTS l)onations and legacies "rr<iiningv Income 220 Other trJding activities Managcinenl Chargc.s Bank Inlcresl Ileccivcd 8,909 1.240 4,687 400 10,149 5,087 Charitable activities CTf<ints 166.971 247,874 'I'otxl incomin% re50urccs 177,120 253,181 .XI)F.IYDITURE Chu ritable activitiL'S 118.065 5,803 137 3,350 1,170 1,765 830 1,130 70 686 1,763 146,498 9,104 1,04C) 4,878 3.827 2,037 SoLial s¢curily PL'iisions Renl Insur&ince "rLIL'plion¢ Postag?L dnd stationery 'I'rdiniiig & Rccruilincnl Pi'<)L)rdinnie Cosls & Afti lialion I lospilality & Rc50urces 'I'r<ivclling & Venue Hire Adininistration Cosls Disseminiilion Fees Moiiitoriiig & Evaluation Office l-quipillenl & Maintenance Resources ArIagh I'raveller Group CSP An Telemann racilitation Costs IT & Web Costs Carried fonvard 2,278 612 775 2,213 186 3,588 1,965 2,272 1.551 720 5,675 6,554 18,237 1,099 183,343 6,360 6,800 3,200 1.368 196,599 This page does noi forin part of the st<utory financial statements 21
Crai avon Travellers Su ort Committee DI'tAiled Stalement of Financial Aclivities for the Year Ended 31 March 2024 Period 111122 to 3113123 Year Ended 31 /3124 Charitable activities Brougjhi lorward Activiiy Costs Staff Cost of Liviiig Support Hire of Equipmeiil 183,343 855 196.599 1,226 4.050 3,364 2,597 186,795 205,239 Support eosts Governance costs IiidLpei)dcnt Lxaim inaiion Accouiitancy FL¢. l)cpr of l.-ixtures & l.'illings 13ank char&)es & interest 1,000 1 ,268 332 97 1.000 2.600 676 82 2,697 4,358 l-olal rLsources expeiided 189.492 209,597 NLt (expcndilure)lincome 12.372) 43.-$84 This pagc does not form pan of the statutory financial slateinents 22