11 HILL VELLACOTT 22 Great Victoria Street, Belfast BT2 78A T. +44 (0) 28 9044 2000 mail@hillvellacott.com www.hillvellacott.com CHARTERED ACCOUNTANTS Company registration number: N1635749 Invisible Traffick Nl (A company limited by guarantee) Report and financial statements Year ended 31 January 2023 11 Invisible Traffick Nl Contents Page Legal and administrative information Trustees. report Report of the independent examiner Statement of financial activities Statement of financial position Notes on and forming part ofthe financial statements 11 Invisible Traffick Nl Trustees & Senior Management M Bunting G Bunting K Scott A Ellis PJ Bishop Accountants Hill Vellacott Chartered Accountants 22 Great Victoria Street Belfast BT2 7BA Bankers AIB 11-15 Donegall Square North Belfast BT15GB Solicitors A&L Goodbody 42-46 Fountain Street Belfast BT15EB Registered office Unit 2 Ballyharry Business Park Donaghadee Road Newtownards United Kingdom BT23 7ET Company reglstration number N1635749 Charity number 104713 11 Invisible Traffick Nl Trustees, report Trustees, Report- 1 February 2022 to 31 January 2023 Training Trustees are familiar with the practical work of the Charity and are encouraged to attend charitable membership awareness events. governance training and seminars. In addition. our volunteers we continue to expand their knowledge through training seminars which included Child Sexual Exploitation. In April 2022 Gayle Bunting became a member of Chief Officers in 3rd Sector (C03). Risk Management The trustees have revised risk management strategy which comprises of. An annual review of the risks to the Charity Systems and procedures to mitigate risks identifies. Implementation of procedures to ensure minimum impact on the Charity should any of the risks materialise. Objectives and activities Invisible Traffick are involved in raising public awareness of human trafficking by delivering presentations, training sessions and education programmes to highlight the signs and indicators of Human Trafficking, which is also known as Modern Day Slavery. We truly believe that no-one should be inhumanely abused, forced to work against their will or treated as a slave anywhere in the world but especially in our local towns and communities. To help protect and educate children and young people the Charity has developed two Educational Resources. the first is delivered to Key stage 1 and 2 primary school children known as the Junior Education Programme. The second is delivered to post primary age young people and is called The Journey to EmpowermenL Both of these highly developed resources are designed to teach children and young people about Modern Day Slavery using a child sensitive approach and also to encourage teachers and parentslcarers to become more aware of this imrnoral act. The Junior Education Programme has been resourced through The Halifax Foundation for Northern Ireland. The programme is delivered by Chloe our education facilitator who has been with the charity for over 8 years. Junlor Educatlon Programme Throughout 2022 the Junior Education Programme continued to develop through the creation of 6 short films based on the overall theme of Mission Not So Impossible. These films are a mix of live acting and animation and cover subject areas such as online exploitation, ethical and fair- trade products. stranger danger, and identity theft. Each film is introduced by Chloe and is finished with a reflection of what has been learnt. All films are developed for audiences aged 8 to 11 and come complete with lesson plans for teachers and youth leaders. Our plan is to pilot these films in a number of schools and to reflect on feedback before introducing them into schools over the next few years. 11 Invisible Traffick Nl Trustees, report (continued) Journey to Empowerment Programme Throughout 2022 the Journey to Empowerment Programme has been delivered in over 20 community and youth group settings. The focus of the work has moved away from primarily care experienced young people to engage a wider cross-section of young people across several areas in Belfast, Holywood and LurganlPortadown. The programme continues to offer a highly engaging method for discussing subjects such as grooming (online and in person), drug trafficking, healthy relationships. and human trafficking from a global perspective. The young people have responded very well to this programme, we have commissioned an independent evaluation which we will take recommendation from. Additional Activity This year we were extremely busy delivering a programme of activity to mark our 10th anniversary. We held several fundraising events including participation in the Belfast Marathon and a large-scale gala dinner in November. We also hosted a fashion evening, commissioned candles for sale, hosted a volunteer breakfast, an evening of gratitude, a panel discussion on human trafficking and young people, a family friendly picnic and screening of our education films as well as participation in the Soroptimist International Great Britain and Ireland Conference. Our Plans for the Future Now that the charity has reached the milestone of 10 years. we are keen to review our organisational structure and to formalize a strategic plan for the next 3 years. We plan to commission an independent consultant to assist with this project. Demand for our training programmes is increasing so with his in mind we plan to review our offerings and to develop a suite of training packages that can be marketed to a wider range of people, businesses, and services. We hope to generate income through this venture. Funding for our Education programme will end in 2023. and there are new funding opportunities that we plan to target. We are also keen to refresh our board membership to encourage new people and skills to join our board of trustees. By order of the Board Mrs G Bunting Director Date 2 October 2023 11 HILL VELLACOTT 22 Great Victoria Street. 8elfast BT2 7BA T. +44 (0) 28 9044 2000 mail@hillvellacott.com www.hillvellacott.com CHARTERED ACCOUNTANTS Independent examiner's report to the Charity trustees of Invisible Traffick Nl I report on the accounts of the company for the year ended 31 January 2023 which are set out on pages 1 to 14. Respective responsibilities of charity trustees and examiner As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to= examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charity Act state whether particular matters have come to my attention. Basis of Independent examinerfs report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9){b) of the Charities Act. The examination included a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. That accounting records were not kept in accordance with section 386 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further information needed for a proper understanding of the accounts to be reached. I have completed my examination and have no concerns in respect of the matters (1) to (4) above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Mr Patrick Hegarty Hill Vellacott Chartered Accountants 2 October 2023 Invisible Traffick Nl 11 Statement of Financial Activities Year ended 31 January 2023 Year Ended 31101123 Year Ended 31101122 Unrestricted funds Restrlcted funds Note Income and endowments Donations Grant income Income from charitable activities Fundraising Events Other income 43,415 43,415 88,350 16,412 110,611 88,350 8,550 2,654 8,550 2654 4.898 Total income and endowments 54,619 88,350 142,969 131,921 Resources expended Charitable activities Other expenditure (35,973) {1,980) (83,842) (119,815) {1.980) (83,043) (1,800) Total expenditure (37,953) (83,842) (121,795) (84,843) Net Income l (expenditure) 16,666 4,509 21,174 47.078 Fund balances brought fO￿ard 38,154 72,055 110,209 63,131 Fund balances carried forward 54,820 76,563 131,383 110.209 The net income l (expendilure) amounts as stated above are derived solely from continuing operations. There are no gains or losses other than those included above and therefore no separate statement of total recognised gains and losses has been prepared. The notes on pages 7 to 14 form part of these financial statements. 11 Invisible Traffick Nl Statement of Financial Position Year ended 31 January 2023 2023 2022 Note Fixed assets Intangible assets Tangible assets 1,500 3,397 2,098 4,088 Current assets Debtors Cash at bank and in hand 350 126,136 104,023 126,486 104,023 Creditors - amounts falling due within one year Net current assets 126,486 104.023 Total assets less current liabilities 131,383 110,209 Net assets 131,383 110,209 Funds Unrestricted funds- general funds Restricted funds 54.820 76,563 38,154 72.055 131,383 110,209 For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime. The financial statements were approved by the trustees on 2 October 2023 and signed on their behalf by: Mrs G Bunting Director Company registration number. N1635749 Charity registration number.. 104713 The notes on pages 7 to 14 form part of these financial statements. 11 Invisible Traffick Nl Notes forming part of the financial statements Accountlng policies (i) Basis of preparation The financial statements have been prepared under the historical cost convention and in accordance with the provisions of the Statement of Recommended Practice (SORP) °Accounting and Reporting by Charities" applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). {ii) Company status The Charity is a company limited by guarantee. The members of the Charity are the trustees named on page 1. In the event of the Charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the Charity. (iii) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income and gains are allocated to the appropriate fund. (Iv) Incoming resources All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the Charity being notified of an impending distribution or the legacy being received. Gifts in kind donated for distribution are included at valuation and recognized as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the Charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers. Investment income 15 recognised on a receivable basis. 11 Invisible Traffick Nl Notes (continued) Accounting policies (continued) (v) Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. Costs of generating funds comprise of the costs associated with attracting voluntary income and the costs of trading for fundraising purposes. Charitable expenditure comprises of those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directty to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity and include the audit fees and costs linked to the strategic management of the Charity. (vi) Depreciation Depreciation is calculated to write off the original cost of tangible fixed assets to their expected residual values over their estimated useful lives as follows: Website Fixtures, fittings and equipment 200/0 straight line 20 % straight line (vii) Taxation The company has been accepted, for tax purposes, as constituting a charity from 14 March 2016. No provision for tax is required. (vlli) Grants Recognised as incoming resources once the Charity has entitlement to the resources. it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. I￿ere uncertainty exists as to whether the Charity can meet conditions within its control the incoming resource is not recognised but deferred as a liability until certainty exists that the conditions imposed can be met. A liability for any repayment is recognised when repayment becomes probable. (ix) Donated facilities and services Recognised as income at market value, with an equivalent amount recognised as an expense under the appropriate heading in the Statement of Financial Activities. Invisible Traffick Nl Notes (Gontinued) 11 Resources expended Charitable activities Unrestricted Restricted Total 2023 Total 2022 Wages and salaries Staff pension Fundraising Expenses Staff training Printing, postage and ststionery Travelling Bank charges General expenses Amortisation - Website Depreciation Computer equipment Depreciation Furniture & Equipment Rent Insurance Strategic planning Education videos Repairs and maintenance Advertising Office Telephone Computer costs Junior Education Programme The Journey expenses Communities in Transition Subscriptions 9,640 52,751 1,774 62,391 1,774 7,975 239 1,289 3,556 205 1,125 598 262 429 4,650 400 8,231 8,789 55,052 7,975 239 1,289 3,556 205 1,125 598 262 429 4,650 400 430 1.187 520 317 866 1,251 1,194 429 4,620 646 8.231 8,789 1,715 2,793 1,246 1,013 2,793 1,246 1,013 623 11,675 1,299 471 10.208 1,925 555 358 623 11,675 553 553 35.973 83,842 119,815 83,043 Other Expenses Unrestricted Restricted Total 2023 Total 2022 Audit and Accountancy 1,980 1,980 1,800 Donated facilities and services 2023 2022 Accountancy 1.500 1,500 1,500 1,500 11 Invisible Traffick Nl Notes (continued) Net incoming resources for the year Net incoming resources are stated after charging- 2023 2022 Depreciation 1,289 1,623 staff numbers and costs The average number of persons employed by the company during the year, including directors, was as follows.. 2023 No 2022 No The aggregate payroll costs for the above were as follows.. 2023 2022 Wages and salaries Social security costs 61,982 409 54,877 175 62,391 55,052 10 11 Invisible Traffick Nl Notes (continued) Trustees remuneration and related party transactions The trustees neither received nor waived any emoluments during either year. No trustee or other person related to the Charity had any personal interest in any contract or transaction entered into by the Charity during the year. Fixed assets Website Computer Equipment Furniture and Equipment Total Cost At 1 February 2022 Additions Disposals 9,013 9,946 4,292 23,251 (7,943) (7.943) At 31 January 2023 9,013 2,003 4,292 15,308 Depreciation At 1 February 2022 Charge for year Eliminated on disposals 6,915 598 9,328 262 (7,943) 822 429 17,065 1.289 (7,943) At 31 January 2023 7,513 1.647 1.251 10,411 Net book value At 31 January 2023 1,500 356 3,041 4,897 At 31 January 2022 2,098 618 3,470 6,186 11 11 Invisible Traffick Nl Notes (continued) Debtors 2023 2022 Other debtors 350 350 Creditors - amounts falling due within one year 2023 2022 Accruals and deferred income 12 11 Invisible Traffick Nl Notes (continued) Movement in funds Opening Incoming Outgoing Transfers balance resources resources Closing balance Unrestricted funds General reserve 38.154 54,619 {37,953) 54,820 Total unrestricted funds 38.154 54.619 {37,953) 54,820 Opening Incoming Outgoing Transfers balance resources resources Closing balance Unrestricted funds Designated reserve Total unrestricted funds Opening Incoming Outgoing Transfers balance resources resources Closing balance Restricted funds Halifax Foundation for Northern Ireland 18,000 (18,000) National Lottery 60,891 49.115 (43,495) 66,511 National Lottery 10.000 (8,231) 1,769 The Community Foundation 11,164 (5,327) 5,837 Department of Justice 11,235 (8,789) 2,446 Total restricted funds 72.055 88,350 (83,842) 76,563 13 11 Invisible Traffick Nl Notes (continued) 10 Analysis of net assets between funds Unrestricted Restricted funds funds Total funds Fixed assets Current assets Current liabilities 4,897 49,923 4,897 126.486 76,563 Net assets at 31 January 2023 54,820 76,563 131,383 11 Contingent liabilities There are no known contingent liabilities at the balance sheet date. 12 Note on control The Charity is controlled by the trustees. 14