Clwity regiSted number- NIC104813 FIMRC Charity registered number - N1007714 Thomas Doran Parkanallr Trust Accounts for the year ended 31 March 2023
Thomas Doran PurkanaHr Trust Accowitsfor Éheycar ended 31 March 2023 Contents Page(s) Reference and administrative details of the charkty, tM8tees and advisers TNstee8' report tndependent auditors, report 8-11 Statelnent of financial activities 12 Balance sheet 13 Notes to the account8 14-22 ASM
Thomas DorAn Parkanaur Trnjl A¢eountsfor the year ended 31 March 2023 Page I Reference and administrative details of the charity, trustees and advisers Trustees Petor Branker Dr Maureell Crawford Prof Bernard Cullen PhD Nuala Kenn¢dy Emma Mccaul Billy M¢Crory (D¢o¢as¢d 4 April 2023) Pauline MoIvor Williatn Oliver Ro88 Colin Turkington Registered office 57 Parl(anaur Road Dungannort Co Tyrone BT70 3AA Principal address 57 Parkanaur Road Dungannon Co Tyrone BT70 3AA Reglstered auditors Bankers ASM (D) Ltd Chartered Accountants 79 Cunninghams Lane DungEttmon Co Tyrone BT716BX Dallslce Bank 5 Market Square Dungannon Co Tyrone Bf70 IAB Solicitors Charity Reglstered Number Simmons, Meglaughlin & Orr 20 Northland Row Duttgannon Co Tyrone BT716BL NIC104813 IThIRC Charity Reglstered Number N1007714 ASM
Thom¢U Dortm ParkIally Trust Accountsfor Iheyeap ended 31 Murch 2023 Page 2 Trustees, report for the year ended 31 March 2023 The trustees (who are also ditOrS of thc charity for the purposes of the Companies Act) present their annual report together with the audited financial stat¢ment8 of Thomas Dordn Parkanaur Trust (the company) for the year end 31 March 2023. The trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirem¢nt8 of the company's governing document and the pKJvisions of the Statom¢nt of Recommended Practice (SORP). applicable to charities preparing their accounts in accordance with the Financial Rq)orting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015). Since the c(mpany qualifies as small under section 383, the Strategic report required of medium and larse companies under The Compat)ies Act 2006 (Strategic Report and Director's Rq)ort) Regulations 2013 is not required. Reference and adminAstrative details of the charity, trustees and advlsers Thomas Doran Parl(anaur Trust is a company limited by guarantee and does not have a share capital. The reference and administrative details of the charity, trustees and advisers arc listed on page l. Charity status was achieved on 29 April 2016 with the Charity Commission for Northern Ircland in addition to charitable status previously held with HM R¢venue and Customs. Objectives and activities Policies and objectives The objectives of the charity are to providc or makc arrdngements for the pwvision of education and training on any tnatter or discipline for individuals with special need8 or disabilities. and to provide facilities for recreation and other leisLtre occupation for such individuals in the inlerests of their social welfare. Strategies for achieving objectives To achi¢ve these objectives the charity delivers college-based classes to support, eAlucate alld trai individuals with special needs or disabilities with skills for the workplace. Activitie$ for achieving objectives The charity delivers a range of activities to support, educate and train individuals with special needs or disabilities with sktlls for th¢ workplace. The college promotes a mixed economy of provision for these young people that broadens their choice, supports their aspirations and represents their best interests, enabling them lo become valued and active members of society and providing a social retL]m on investment, At the colle8e we offer personali8ed learning programmes and multi4isciplinary specialL8t 8UPPOrt and expertise to enable students to nwke a successful transition to adult life, We enCo.age alld support learners to be ambitious, to realise their aspirations and to develop the skills to mak¢ progress towards their goals. Our vision is that all young people with learning difficulties or disabilities can access appropriate quality education and training, which meets their individual needs and supports their aspirations for skills, work alld life. ASM
Thomas Doran Parkanaur Trusl Accountsfor ¢heyear ended 31 March 2023 Page 3 Trustees, report for the year ended 31 March 2023 (cont'd) Main activities undertaken to further the charity's purposes for the public benefit Public benefit is achieved through the improved mental, emotional and physical well-being of beneficiaries. the enhanced social inclusion of both individuals with special needs or disabilities. increased independence, improved life outcomes and reduced dependence on other health and social care services. An additional benefit is improved awareness anwng8t the general public of the challenges faced by those living with special needs or disabilities, thereby reducing social exclusion. Achievements and performance Reviejv of aetivitles Residential cure During the year we have provided r&sidential care to 19 individuals. Our highly trained and experienced stsff have ensured that residents, physical. mental, emotional, and social needs are addressed. Activities curtailed in recent years have been restored including outings, Special Olympics both athletics and swimming, drama classes, walking club, animal care, volunteering, Art Competition, Donaghmore Credit unlo Christmas shopping, working in the garden and colLege's kitche Feedback received from residents, their parents and professionals is always very positive, which reflects in the monthly Trustee reports and in RQIA inspection reports. One report includes.. B, L's father is delighted with the "heartwarn]ing" progress made. He s&id all staff were working cxtremely well with L, but tlLe Care Manag¢r had been particularly good....including implementing a number of things to in]prove sleep pattern. This had in turn improved Motivatio led to more exeroi8e and gcnerdl activity. Supported living We now have a supported living tenant in an apartment in the College. Short brea Wc have been able to increase provision of short stay breaks, formerly 'respite' and r¢cently curtailed by Covid-19 constrdtnt8, We accommodated I l individuals. It is clear that there is much unmet need for this scrvice and w¢ plan to increase provision. Day opportunilies Much focus has been on the development of our Day Opportunities service. In the year 2022-2023 we had 6 users, all of whom enjoyed and derived great benefit from attending. Feedback from users, families and professional including social workers has been very good. One parent stat¢(L "We ar¢ greatly ind¢bt¢d to Parkanaur for the wonderful, positive opportunity that it provides M" Another parent commente(L "C loves his day at Parkanaur. For him it is a day of work. For me it is a placement where I know he gets instsvction and the support he needs to carry out meaningful ta8k8 that improve his range of skills. There 18 a spirit of cooperation between the residents and the day opportunity guys. I laW he is ttea as an individual and given ti]ne and space to develop all interest in a range of practical duti&8. He likes being helpful and usefill and particularly likes being outdoo. He would like to develop his horticulture skills. He has matured ld become a litlle more ind¢pcndcnt. He is able to undotake more projects at home and is practl8ed in taking instructions. He has also made friends and been welcomed into the ParkaJaur community" ASM
Thomos Dornn ParkIall Trust Accountsfor theyenr ended 31 Mareh 2023 Page 4 Trustees, report for the year ended 31 March 2023 (cont'd) Our position at the cusp of three Health and Social Service Trusts gives us the potential us to offer provi810ll to many more service users. Our nwal location in a beautifill Forest Park and our facilities allow us to offer interesting, meaningful and cnjoyable activities including caring for plallts in our garden centre - potting up, watering and feeding plants, weed control, collecting and bagging up firewood in our woods, care of our chickens and Ydbbits, walks in the forest including the deer park and Jnuch more. Throughout the year wc have consulted widely exploring the needs and views of those with learning and other disabiliti&g, th¢ir families, FIealth Trusts and Special schools. There is widespread agreement on the need for more provision and support for our plans for further expanding Day Opportunities. SIlficantlY Sperrinview Special SCI01 rq)ort a recent 350/0 increase in numbers of pupils, many of them with complex needs, highlighting the need to urgently address the current under provision. We have benchmarked with other providers 8nd been inspired by the possibilities. The outcome of our consultation and exploration ha8 been th¢ birth of a project named 'Growing Togethee,. This has two key elemcnts working in combination. The first 18 the provision of Day Opportunities to those with a range of disabilities including Learning Disability, Auti8m, Mental health problems and physical disability. The second elemcnt is of a Community Shed, both elements initially basa in our Large Walled garden. This will build on our existing provision to local users and our residents. The Community shed element is in response to much evidence of the ben¢fits of involvement in such projects to the physical and mental health of participants, addressing i8olation and including thos¢ advwsely affectcd by Covid-19. It fits with our shared use of the walled garden with Castlecaulfield Horticulture Society, who continue t() make a very imFK)rtant contribution to the care and development of the walled garden. Development of buildings Another focus of the year 2022-2023 has been on the necd to preserve our listed buildings, which are an important part of the built heritage of Northern JTrland. Wc have consulted widely on the possibilities of bringing back into use outbuildings which are currently derelict. There has been progr8 on plans to bring these buildings back irtto use to meet the identified needs of those with disabilities. All our work benefits from the involvement and support of the local community. This includes Castlecaulfield Horticultural Society) Sp¢¢dwcll who are our neighbours on site, local po]iticians and local re8idents who use the forest park for recreation and are very 8UPPOrtive of our work. We are very grateful to have a team working 2 day8 week maintaining our extsnsive grounds. This frecly given WO greatly enhances our environment, Finanel&l review Going Concern The trnstees have reviewed the appropriateness of the prq)aration of the financial statements on a 'going concem, basis. We have reviewed the level of reserves at the year-end date and the financing secured for the next year and we arc content, t.hat these are sufficient albeit wresent a chall¢nging fjnancial environment. We therefore conclude that it is appropriate to adopt thc going concern basis in prq)aring the annual report and financial statements. ASM
ThoM4s P{kanaUr Trust AccouNlsfop theyear énded 31 March 2023 Page 5 Trustees, report for the year ended 31 March 2023 (eont'd) Reserves policy The charity's policy is to maintain an appropriat¢ reserves base which is essential for to manage risk and continue to deliver services in line with its charitable objectives. The Trustees wish to build and maintain a general level of reserves (excluding tangible fixed assets) that has a target equivalent to six months unrestricted expenditure. This level of reserve is required to manage risk in the following areas. Cashfiow to a88ure amounts due to creditor8 and fulfilment of contracts and leaseg. Gaps and loss in fLdiThg provisio Organisational wind up and redundancy payments" New development plans for future service delivery. The general reserves of the charity at 31 March 2023 were £534,389 (2022: £446,882) and represent unrestricted funds which are available for general usc. Structure? governance and managemellt Constitution The company 18 constituted under a memorandum of association. Method of appollltment or election of trustees The management of the company is the responsibility of the trustees who ar¢ elwted and co-opted under the terms of the articles of association. Policies adopted for the induction and training of truste A trustee induction prOnMe introduces members to their roles and responsibilities as directors of the company and reviews the strategic plan, governance aangementS alld financial position of the charity. It may also id¢ntify training and development needs. OrgrdnlsatlonAI structure and decision making The trustees have ultimate legal and funCIal responsibility for the affairs of Thomas Doran Parkanaur Trust, although the management of the organisation is generally delegated to staff, through the Chief Executive. The Board meets quarterly, and delegates certain functions to sub-con]mittee8 which operate under specific term8 of reference: i.¢, The Fitwic¢ Cornmittee and the Fundraising Con]mittee. Trustees are either electaj or co-opted and the total number of trustees nmy not be less tlwi 3. Risli manage]llent The trustees have assessd the major risks to which the charity is exposed, in particular those related to the operations and finances of the ChtY and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. Principal acÉivAties The trnstees review the $trategiG dire£tion and principal activities of the charity at regular intervals and set strat¢gic goals for the charity in three year periods. ASM
Thomas Doran Parkanaur Trust Aeeollntsfor theyear eAded 31 March 2023 Page 6 Trustees, report for the year ended 31 March 2023 (cont'd) Environment The charity recognise8 its responsibility to carry out its charitable operations whilst minimising enviromn¢ntal impacts. The trLL8tees' contillued aim is to comply with all applicable environmental legislatio prevent pollution and reduce waste wherever po8siblo. HeAlth and safety The C1ty is committed to achieving tb¢ highest practicable Standards in health and safety management and stiives to make all Sites and offices safe environments for employees and visitors alike. Human resources The cknty's most important r¢source is its people. their l(nowledge and experience is crncial to meeting charitable objectivcs. Retention of key staff 18 critical and the charity has invested in employment training and development. Plans for future periods Future developmellts The charity is planning to extend the further education and social skills provision to meet a growing demand and need. It is hoped to develop various complementary provisions over th¢ next 3 - 4 years, The development will include 8UPPOrted living) day opportunities and up to 9 additional residential accommodations. Members, liability The company is limited by guarantee and has no share capital. The liability of the members is limited to the SLlln of £1 O per member, Taxation status Thomas Doran Parkanaur Trust is a charity recognised by HM Ilevenue & Customs, aniL as SUC is entitled to certain tax exemptions on income aTJd pn)fits from investments and suryluses on any trading activiti&s caly1 on in furtherance of its primary objectives, if tbese profits and Surpluses are applied solely for charitable purposes. ASM
Thomas Dornn PavkrtAaur Trust Accounlsfor theyear ended 31 March 2023 Page 7 Trustees, report for the year ended 31 March 2023 (cont'd) Statement of trustees, responsibilities The t'rustees are responsible for preparing th¢ annual report and the accounts in accordance with applicable law and regulations. The trustecs are responsible for preparing the accounts for each financial year which give a true and fair view, in accordance with United Kingdom Generally Accepted Accounting Practi¢4 of th¢ state of affairs of the charity and of the Surplus or d¢ficit of the charity for that period, In preparing those accouttts, the tru8tee8 are required to: select suitable accounting policies and th¢n apply them consistently; make judg¢ment8 and estimates that reasonable and prudent. prq)are the accounts on the going concern basis, unless it is inappropriate to presume that the Charity will continue in business, in which casc there should be supporting assumptions or qualificalions as necessary. The trnstees confmn that they have complied with the above requirements in preparing the accounts, The tnteeS are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the fmancial position of the charity and enable them to ensure that the accounts comply with the SORP alld the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity alld hence for taking reasonable steps for the prevention and deteLtion of fraud and other irregularitics. Statement Df disclosure of information to audltors So far as each of the trustees in office at the date of approval of these accounts is aware: there is llo relevant audit infomlation of which the charity's auditors are unaware. and they have taken all the steps that they ought to have taken in order to make themselvcs aware of any relevant audit InfornOll and to establish that the charity's auditors are aware of that InforntI0n. Auditors Th¢ auditors, ASM (D) Ltd, have indicated their willingness to accept office, and & r&solution concerning their appointmellt will be propos at die Annual General MKting. On b¢half of the boaThl of trustees Prof Bernard Cullen PhD - Trustee 3 October 2023 ASM
Thomas Dopan Parktmaur Trust Aeeountsfor theyear ended 31 March 2023 Page 8 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust Oplnlon We have audited the accounts of Thomas Doran Parkanaur Trust for the ytrar ended 31 March 2023 which corn18¢ the statement of financial activities, thc balance sheet and the related notcs. These financial statements have been prepared und¢r the accounting policies set out thercin. The financial reporting framework that has been applied in their preparation is applicable law and United I(ingdom Aocounting Standards including Financial ReporLing Standard 102 "The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland" (United Kingdom Generally Accq)ted Accounting Practice). In our opinion the accounts., give a twe and fair view of the state of the charity's affairs as at 31 March 2023 and of its incoming resources d app]ication of resources, including its in¢ome and expenditure, for the year then have been properly prepard in accordance with United Kingdom Generally Acccptcd Accounting Practice,, and have been prepared in acoordancc with the requirements of the Charities Act (Northern Ireland) 2008. Basis of opinion We conductsd our audit in accordance with International Standards on Auditing (UK) (ISA8 (UK)) and applicable law. Our responsibiliti&s under those standards are fither described in the Auditors, rcsponsibilitics for the audit of thc accounts section of our report. We are indq)endent of the charity in accordance with the ethical requirements that arc relevant to our audit of the accounts in the UK, including the fRC's Ethical Standard and we have fulfilled our cthical responsibilities in accordanc¢ with these requirements. We believe that the audit cvidence w¢ have obtained is sufficient and appropriate to provide a basi8 for our opinion. Conclusions rel&ting to going concern We have nothing to report in respect of the following matters in relation to which the ISA8 (UK) require us to report to you where: the trustees, u8e of the going concern basis of accounting in the preparation of the accounts is not appropriate. or the trustees have not disclosed in the accounts any identified mat¢rial uncetsinties that may cast significant doubt about the charities ability to continue to adopt the going conoern basis of accounting for a period of at least twelve months from the date when the accounts are authorised for 18SLJe. ASM
ThomasDor4n Payknnaiir Trust Aceounlsfor Iheyeav ended 31 March 2023 Page 9 Report of the independent audRtors to the members of Thomas Doran Parlianaur Trust (cont'd) other Informatlon Thc other information compriseg th¢ infonnation included in the trustees. report and accounts, other than the accounts and our auditors, report thereon. The trustees are responsible for the other inforn]ation. Our opinion on the accounts does not cov¢r the other information and, except to the extent otheNise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the accounts, our responsibility is to read the other information an( in doing 80, considcr whether the other information is nTrterially inconsistent with the accounts or our knowledge obtaineAI in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material Misstate¢llÈ in the accounts or a material misstatement of the other infomiation. If, based on the work we have performed, we conclude that there is a material misstatement of this other information we are required to report that fact. W¢ have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our Opinio based on the work undertaken in the course of our audit, the information given in the trustees, rqx)rt for the fmancial year for which the accounts are prepared is consistent with the accounts and has been prepared in accordance with the applicable legal requirements. In the light of the knoWIge and undtanding of th¢ company and its environment obtained in the course of the audit we have not identified any material misstatements in the tni8tees' report. Matters on which we are required to report by exeeptlon We have nothing to report in r&8pect of the following matter8 whcre the Companics Act 2006 re4uircs us to report to you if, in our opinion: adequate accounting records have not been kept. or returns adequate for our audit have not b¢en received frorn branches not Visit by us. or the accounts are not in agreement with the accounting records and retUrn8' or certain disclosures of trustees, remuneration 8peCifi by law are not made. or we have not received all the inforniation alld explanations we require for our audit, ASM
Thomas Doran Parkanauv Trust Aeeountsfor theyear ended 31 March 2023 P(¥e 10 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust (cont'd) Respectlve rponsIbIlItIeS of trustees A8 explained more fully in the trustees, responsibilities statement set out on page 5, the trustees are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for suoh internal Colltrol as the trustees deterniine is necessary to enable the preparntion of accounts that are free from material misstatement, whether due to fraud or crror. In preparing the accounts, the trustees are re8pon8ible for assessing the charity's ability to continue as a going coll disclosing, as applicable, matters related to going concem and using the going concern basis of accounting unless the trustees either illtelld to liquidate the company or to cease operations, or have no realistic altemative but to do so. Auditors, responsibilities for the alldlt of the financial statements Our objectives are to obtain reasonable assurance about wh¢ther the accounts as a whole are free from material mis5tatemcnt, whcthcr duc to fraud or fftTor, and to issue an auditors, report that includes our opinion. Reasonable assurance is a high level of assurancc, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a nmterial mi88tatem¢ut when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to infiuenc¢ the economic decisions of users taken on the basis oFth¢se financial statemcnts. Irregularities, including fraud, are instances of non-compliance with laws and regulation8, We design procedures in line with our responsibilities, Outlin above, to detect material misstatements in respect of irregularities, including fi?ud. The extent to which our procdures are capable of detecting irr¢gul&rities, including fi7ud 18 detailcd below: We gained an understanding of the legal and regulatory framework applicable to the Company and the industry in which they operate and considered the risk of acts by the Company tIt were contrary to appliablc law and regulations, including fraud. W¢ considered the opportunities and incentives that may exist within the Company for fraud and identified the greatest potential for fraud in the following areas: mismanagemcnt of paymcnls, posting of unusual journals logether with complex transactions, revenue recOlt10n and subjeotivity of valuations uscd for land and buildings. We designed audit pmcedures to respond to these risks, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve delibernte concealment by, for example, forgery or intentional misrepresentations, or tlwollgh collusion, Our audit procedures included., enquires of management about their own identification and a8s¢ssment of risks of irregularities, specific tests of dctail over payments, sample testing of journals postsd during the ycar, veri'fying the underlying assumptions adopted for the property valuations, specific tests of detail over revenue recognition and a review of area8 of judgement for indicators of management bia8 to address the risks. ASM
Thomas Doran Parkanaur Trust Accounlsfor theyeor eAded 31 Mqrch 2023 Page 11 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust (cont'd) Auditors, responsibilities for the audit of the financial statemellts (cont'd) Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatettlellt in the finanGial statements or non-compliance with regulation. This risk increases the more that compjiance with a law or regulation is romoved from the events and transactions reflected in the financial statements, as we will be 1&8s likely to become aware of instances of non-compliance. The ri8lc is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealmenL forgery, collusion, omission or misrepresentation. A fi]rther description of our responsibilities for audit of the fllyancial statements is located on the Financial Reporting Council's website at: www.frc.or .uk/auditorsres onsibilities. This description forms part of our Auditors, report, This report 18 made solely to the company'8 members, as a body, in accordanGe with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken 80 that we might state to the company's member8 those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this rcport, or for thc i)piDions wc have fonlled. 35-( )) Ltj ASM (D) Ltd Chartered Aecountants And Reglstered Audltors DungY4nnon 3 October 2023 ASM
Thomas Doron Pavknnaur Tnis¢ Aceountsfor theyear ended 31 March 2023 Page 12 Statement of financial activities (includlng income and expenditure account) Unrestrieted Restricted Funds Funds 2023 2023 Tot funds 2023 Total fimds 2022 Note Income from: Trust income Training college income Health board and 0th6r incotne 3,825 27,766 1,102,895 3,825 27,766 1,102,895 24 227.196 815,574 Total income 1,134,486 1,134,486 1,042,794 Expellditure on: Direct costs Propety o08ts Administrative ¢08ts 844,320 108,773 93,886 844,320 108,773 93,886 842,373 92,035 101,729 Total expendlture 1,04@979 1,04Q979 1,036,137 Net movement in funds 87,507 87,507 6,657 Reconclllatlon of funds: Total thnds brought forward Net nlovement in fimd Total funds carrled forward 446,882 87,507 534J89 446,882 8707 534 J89 440,225 6,657 446,882 15 All amounts aEK)ve relate to continuing operations of the charity. The statement of fincial activities was approved by th¢Thi8tees on 3 October 2023. Signature: Prof Bernard Cullen PhD - Thstee ASM
ThDnias Dovan Parkanaur Tvust Accountsfor theyear ended 31 March 2023 Page 13 Balance sheet Iyotes 2023 2022 Fixed s58et8 Tattgible fixed a&8ets 292,552 341.116 Current assets Sto¢ks Debtors Cash at bank and in Imlld 10 1,000 70,025 256,692 327,717 1.775 69,542 163,161 234,478 12 Current liabilitie8 clitors. amounts falling due within olle year Net current assets 13 (68,718) 258,999 {103,718) 130,760 Total assets less current IiAbllities Accrnals deferred income Total net assets 551,5SI (17,162) 534,389 471,876 (24,994) 446,882 14 The fund8 of the eh&rity Unrestricted funds Restricted funds Total funds 534,389 446,882 15 534,389 446,882 The foregoing balance sheet was approved by theTru8tees on 3 00t0b 2023. Slgnature: Prof Bernard Cullen PhD - Trustee ASM
Thomas Doran Parkanaur Trust A¢¢ountsfor theyear ended 31 Maveh 2023 Page 14 Notes to the accounts ststement of accounting policies The following accounting policies have been u8¢d consistently in dealing with items which are considered material in relation to the charity's accounts. Basls ofpreparation The accounts have been prepared under the historical cost convention and in accordance with the Charities Act (Northern Ireland) 2008 as amended by the Charities Act (Northern Ireland) 2013, the Charities (Accounts and Report8) Regulations (Northern Ireland) 2015 and the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities pr¢paring their accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preparing the annual report and financial statements of the cl]arity. The principal accounting policies adopted are set out below. Incoming resoMrc&g All incoming resources are included on the statement of financial activities when the charity is legally entitled to the income, where there is reasonable certainty that the resource will be received and whcre the nnetary value can be quantified with reasonable accurncy. Charitable activitiey Income is included in the statement of financial activities on an accruals basis and net of VAT whcrc applicable. Income is ill1Y comprised of Department for Communities and Health & Social Care Trust fees received. Volunlury incoine Gifts, bequests and donations income 18 recogniseAI when receivable. Donations - income by way of donations is included in full in the statement of fmancial activities in the y¢ar in which they are reccivable. Government and otheT grants Grants that relate to specific capital expenditur¢ are credited to the ststement of financial activitics when they receivable and transferred fyom designated reserves to general resee in line with the depreLiation release of the equivalcnt fixed asset. Grants that relate to revenue ¢xpenditure are credited to the income and expenditure account over the period that the revenue expenditure relaLes to. Investmen¢ Income Jnvestment income is included when receivable by the ch&ity and consists of bank deposit inter¢st which is included in the ststement of fll]ancial activities on a receivable basis. Incomefrom other Iradkng acllvltles Tumov¢r 18 the amount derived from the provision of goods and servic¢s within the charity's ordinary activities after thc deduction of value added tax. Turnover, which excludes value added tax, represents the value of goods and services supplied. ASM
Thomas Domn Parkanaur Trnst Accountsfor Éhe year ended 31 March 2023 Page 15 Notes to the accollnts (cont'd) Statement of &ccollnting policies (cont)d) Resources expended All expenditure is accounted for on an accruals basis alld has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributd to particular headings they have been allocated to activities on a basis consistent with use of the resource8. Charltable activities Thcse costs inolude direct expenditure relating to economic development and expenditure in administration of the charity. Irrecoverable VA T Any irrecoverable VAT is charged to the statement of financial activities, or capitalised as part of the cost of the related a88et, wh¢ appropriate. Volunteers and donutedservices . No value of (lOnat services and time is accounted for in the acLounts. Pension costs Tho charity contributes to a defmed contribution scheme on b¢half of certain ¢mployees. The assets of the scheme are held separately from those of the charity in an independently administered fund and contributions arc charged to the statement of fiTCIal activities in thc period to which they late. Fixed aysets The cost of tangible fixed assets is their purchasc cost, together with any incidental costs of acquisition. ixed ass¢ts are reviewcd annually for impairnient and appropriate adjustment8 made where necessary. Land and buildings are not dcpreciated as the cost relates nwinly to land and for th¢ building8 ¢lement the annual depreciation Chge would be immaterial, howwcr, as noted such assets are subject to annual impairment reviews. Depreciation is calculated so as to write off the cost of fixed assets, Icss their estitnated re8idual values, on a straight line basis over the expectcd useful economic lives of tbe assets concerned. The principal annual rates used are a8 follows: Property improvements Fixtures and fittings Horticultural equipment O-l O Straight line 10-20 Straight line 10 Reducing balance Sioeks Stocks a stated at the lower of cost and n¢t Thlisabl¢ valu¢. Cost is determined using the first in, first out basis. Provision is llde for slow movillg and obsolete stocks, ASM
Thomos Doran Pavkonaur TrusÈ Accountsfor theyear ended 31 Méwh 2023 Pag8 16 Notes to the accounts (cont'd) ststement of accounting poJicAes (cont?d) Imp'rent of non-fmanclal assets The clwity assesses at each reporting date whether an asset may be impaira. If any such indication exists the company estimates the recoverable amount of the asset. If it is not possible to estimate the re¢overable amount of the individual asset, the company estimates, the recoverable amount of the cash generating unit to which the asset belongs, The recoverable amount of an asset or cash generating ullit is the higher of its fair value less costs to sell and its value in use. If the recoverable arnount is less than its carrying amount, the g amount of the asset 18 Impair and it 18 ruced to its recoverable amount through all impairmcnt in the statemcnt of financial activities. An impairment loss recognised for all assets is reversed in a subsequent period if and only if the reasons for the impairment108s have ceased to apply. Debtors Debtors are stated after all known bad debts have been written off and specific provision has been made against all debts consid¢r¢d doubtful of collection. Fund accounting Th¢ charity accounts for funds as follows.. Restrlctedfunds Restricted fUtS are to be used for specified purposes imposed by donors. Expenditure which meets these criteria is idcntified to the fid, together with a fair allocation of overheads and supporL costs. Deslgnatedfunds Designated fimds comprise unrestricted funds that have been Set aside by the Truste¢s for particular purposes. The aim and use of each designated £Ld is set out in the notes to the fmancial Stateents. Generalfunds General funds are unrestricted funds which are available for use at the discretion of the Trustees in fU¢ranCe of the g¢n¢ral objectives of th¢ charity and which have not been designated for other purposes. Accountspresentatlon In accordance with section 444 of the Companies Act 2006, the statement of comprehensive incomc has noi been delivwuL ASM
Thomas Doron Parkanaur Trust Accountsfor theyeav ended 31 Murch 2023 Page17 Notes to the accounts (cont'd) Trust illcome UnresÉrlcted funds 2023 Restrieted funds 2023 Total funds 2023 Total fid8 2022 Bank interest received Donations 713 3,112 3,825 713 3,112 3,825 24 24 Trainillg colI¢ge illcome Unrestrlcted funds 2023 Restricted funds 2023 Total funds 2023 Total fund8 2022 Department for ComnLUllitieg- Overheads oover Department for Communities- Taxi cover Training departents- upholstery and horticulture Catering, coffee shop and sundry income 129,406 69,402 13,827 13939 27,766 13,827 13,939 27,760 7,581 20,807 227,196 tealth and Social Care Trusts and other income Unrestrieted funds 2023 Restricted funds 2023 Total funds 2023 Total fid& 2022 Health and Social Care Trnst8 Short stay and private income Covid relief income Hortioulture incorne 1,022,758 54,765 24,003 1,369 1,102,895 1,022,758 54,765 24,003 1,369 1,102,895 713,302 35,710 59,215 7,347 815,574 Direct costs Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Total fund8 2022 Support worker carer costs Management costs Other staff eo8ts Pension costs Household and kitchen costs Cleaning costs Motor expenses Taxi hire Horticulture expense8 Coffee shop expen8es Training supplies 576,344 76,210 114,993 10,771 36,450 6,479 9,270 576,344 76,210 114,993 10,771 36,450 6,479 9,270 444,000 99,705 152,624 9,213 28,865 6,999 7,601 69,546 2,020 20,817 983 842,373 ijoo 12,028 475 844J20 ijoo 12,028 475 844?20 ASM
Th(ym03 Doran Parl¥Anallr Tvust AccoHntsfor theyeav ended 31 Mav¢h 2023 Poge 18 Notes to the accounts (cont'd) Property costs Unrestricted funds 2023 Restrlcted funds 2023 Total funds 2023 Total fijnds 2022 Premises insurance Ligh¢ heat and water Repairs and maintenance Supporting living rellt 36,962 53,153 18,658 36,962 53,154 18,658 30,342 34,968 24,925 1,800 90,035 108,773 108,773 Admlnlstrative costs Unrestrlcted funds 2023 Restrfieted funds 2023 Toknl funds 2023 Total fund8 2022 Travelling ¢xpense8 Postage and telephone Printing and Stationery Advertising Computer expenses Administrative expen8e8 Staff traiiiing and 8¢mina Human resource8 and recruitment expense Subscriptions and m¢mbuYhip fees Bank interest and fees Registration f¢¢8 Legal and professional fees Consultancy fees Accountallcy and bookkeeping fees Audit fees Depreciation Deferred grants 2,903 1,724 2,407 1,370 3,018 ijio 5A06 5J93 860 1,048 1,104 1,055 4JOI 12,463 5,120 51,530 (7,832) 93,886 2,903 1,724 2,407 1,376 3,018 1,910 5,506 5,393 860 1,048 1,104 1,055 4,301 12063 5,120 51,530 (7,832) 93,886 2,230 2,612 2,878 1,250 3,905 1,875 6,873 18,752 959 568 1,104 11,610 15,181 8,591 4.000 19,970 (629) 101,729 Employce informtttion Total funds 2023 Total 2022 Staff c08t8: Wag¢s and salaries Social seGurity Costs Other pension ¢08ts 731,588 672,681 43,076 34,487 10,771 9,213 785,435 716,381 The average monthly number of employees wa8 40 (2022,. 47) alld the average monthly number of employees during Lhe year expressed a8 fijll time equivalents wa8 a8 follows (including Casual and part-time 8tafO.' 2023 2022 By acdvlty: Charitable activities 40 47 ASM
Tho)n Dornn Purkanaur Trujt Accountsfor theyear eHded 31 March 2023 Page 19 Notes to the accounts (cont'd) Employee infornJ&tion (cont'd) No employee8 fall in emolumcnts band over £60,000 (2022: £60,000). The trustees received no remunerat10 no b¢nefit8 in kind and no reimbursement of expenses duriiig the year (2022: £nil). Remuneration received in the year by the Gharity's key management amounted to £76,210 (2022: £99,705). Fixed a8set8 Freehold Property land and Improvemen Flxtures bulldlngs tg and fittings Hortieultur equipment Total Cost At l April 2022 Additions At 31 March 2023 126,141 255,343 208,754 2,966 211,720 22,755 612,993 2,966 615,959 126,141 255J43 22,755 Accumulated depreciation At l April 2022 Charge for the year At 31 March 2023 102,132 3,512 105,644 147,773 47,940 195,713 21,972 78 22,050 271,877 51,530 323,407 Net book value At 31 Mareh 2023 At 31 March 2022 126,141 126,141 149,699 153,211 16,007 60,981 705 783 292,552 341,116 IAnd and buildings consist of pronises at 57 Parkanaur Road, Dungannon, All fixed assets are valucd at historic cost less dq)reGiation. 10. Stocks 2023 2[122 Stock of plants Stock of upholstery frathes 1,000 1,500 275 1,775 1,000 ASM
Thomus Doran Parkanaur Trust Accountsfor theyear ended 3] March 2023 P&ge 20 Notes to the accounts (cont'd) 11. Debtors 2023 2022 Debtors Other debtors Prepayments and accrned income 66,987 3,038 66,552 2,569 421 69,542 70,025 12. Cash at ballk and in hand 2023 2022 Current accounts Ca8h on hand 256,096 596 256,692 162,710 451 163,161 13. Creditors: amounts falling due within one year 2023 2022 AOUnt% due wlthln one year Trade Creditors Other taxes and social seourity Accrned ¢ost8 and deferred illc4)ne Other oreditor8 8AS8 13,784 46,476 20,351 13,755 66,430 3,182 103,718 68,718 14. Accrua]s and deferred income Covernment grants At l April 2022 Amortisation in the year At 31 March 2023 24,994 (7,832) 17,162 ASM
Thomas Doran Parkanaur Trusl Accountsfor theyear eHded 31 March 2023 Pag¢ 21 Notes to the accounts (cont'd) 15. Ana]y8is of funds Analysls of funds by type Atl April 2022 At31 March 2023 Income Expenditure Transfer8 Unrestricted fund8 Designsted funds Fixed a88¢t reserve Protected fLmd8 Contingency fund8 Infrastrncture funds Opportunity funds 341,116 (48,564) loo,000 60,000 25,000 15,0 292,552 100,000 60,000 25,000 Is,000 General fullds General fimd8 Total wirestrleted funds 105,766 1,134,486 446,882 1,134,486 (1,046,979) (151,436) (1,046,979) 41,837 534?89 Restricted funds Restricta fimds Total restricted funds Total funds 446,882 1,134,486 (1,046,W19) 534,389 Designated fllllds ri ixed asset reserve - This fund represents the nct book value of all the charity's fixed assets, Th¢ fijnd is then used to offset the impact on the general fund of the depreciation charged on the rel¢vant assets. Protected funds - To 5ustsin six months of service delivery. Contingency fwids - To be used to prepare for costs at the end of a fillIng cycle, Infra8tructhre funds - To support the refurbishment and renewals of the charity's assets. Opportunity funds - To support the trustees, exploration of future developments and projects that benefit people with disabilities. 16. Pension commitments The charity nkc8 contributions to a defined contribution scheme. the assets of the scheme being held separ&tely from the assets of the charity. The pension cost charge represenls contributions payable to the scheme and amount to £10,771 (2022: £9,213). Contributions of £2,949 (2022: £2,533) were payable to the scheme ai ihe year end. ASM
ThomftsDoran Parkanaur TrMs¢ Accounlsfor theyeav ended 31 March 2023 Prtge 22 Notes to the accounts (cont'd) 17. Related party transactions and ultimate controlllng party There is no one person who is the ultitnate controlling paty of the charity, but collectively the ultimate controlling parties are the tLWtces. 18. Taxatlon The company 18 a registernl Gl]arity atyl as such is entitl1 to certain tax exemptions on income and profits from investtnents, and surplu8es on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable puOSe8. 19. Contingent liabilities There is a contingent liability to rq)ay certain government grants if the charity fails to Iwnour certain undertakings and cornmitments. In the opinion of the trustee8 the t¢rnis of letters of offer have becn complid with and no loss is anticipated, ASM