CIMity registered number- NIC104813 HMRC CharAty registered number- N1007714 Thomas Doran Parkanaur Trust Accounts for the year ended 31 March 2024
Thomas Doran Parkanauv Trust Accountjfor theyear ended 31 March 2024 Contents PY4ge(s) Reference and admini8trative d6t&ils of the charity, trustees and adviser8 Twstees, report Independent auditors, report 9-12 Statenent of financial aotivities 13 Balance sheet 14 Notes to the accounts 15-23 ASM
Thomas Dtsran Parkanaur Trust Accountsfov iheyear ended 31 March 2024 Reference and administrative details of the charity, trustees advisers Page I Trustees Peter Brat&er Dr Maureen Crawford Prof Bemard Cullen PbD Nual& Kennedy Emma McC&ul (Resigned l Dec 2023) Pauline MoIvor William Oliver Ross Colin Turkington Registered offlce 57 Park&aaur Road Dungannon Co Tyrone BT70 3AA PrincipAI iddress 57 Pats]aur Road I)ungannou Co Tyrone BT70 3AA Registered auditors Bankers ASM (D} Ltd Chartered Accountants 79 Cunninghan]s Lane Dwigannon Co Tyrollc BT716BX DC Bank 5 Market Square Dungannon Co Tyrone BT70 IAB Solicitors Charity Reglstered Number Sin]mons, Meglaughlin & 20 Northland Row Dungannon Co Tyrone BT716BL NIC104813 IIMRC Charity Registered Number N1007714 ASM
Thomas Dornn Pavkanamr Trusl AccouHtsfor theyear ended 31 March 2024 Page 2 Trustees, report The trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with the audited financial statements of Thomas Doran Parkanaur Trust (the compally) for the year ended 31 March 2024. The trustees confllin that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recotnmended Practice (SORP), applicable to charities preparing their accounts in accordanG¢ with the Financial Reporting Standard applicable in the UK and Rcpublic of Ireland (FRS 102) (effective l January 2015), Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (StrategiG Report and Dir¢ctor's Report) Regulations 2013 is not required. Reference and administrative details of the charity, trustees and advisers Thomas Doran Parkanaur Tn]st 18 a company limited by guarantee and does not have a share capital. The reference and administrative details of the charity, trustees and advisers are listed on page l. Charity status was achieved on 29 April 2016 with the Charity Conynission for Northern Ireland in addition to charitable status previously held with HM Revenuc and Customs, Objectives and activltles Policies and obJectiv¢s The objectives of the charity are to provAde or make arrangements for the provision of education and training on any matter or discipline for individuals with special needs or disabilities. and to pmvide faciliti for recreation and other leisure occupation for such individuals in the interests of their social welfare. Strategies for achieving objectives To achieve these objectives the charity delivaE colleg¢-bas&l classes to support, educate and train individuals with special needs or disabiliti¢s with skills for the workplace. Activities for &chieving objectives The charity delivers a range of activities to support, educate and train individuals with special n¢ed8 or disabilitics with skills for the workplace. The college promote8 a mixed econorny of prnvision for these young people that broadcns their choice, supports their aspirations and represents their best interests, enabling them to become valued and active embers of society and providing a social return on inv&stment. At the college wc offer personalised learning programmes and multi-disciplinary specialist support and expertise to enable stud¢nts to llke a successful transition to adult life. We encourage and support Iwners to be ambitious, to realise their aspirations and to develop the skills to make progress towards their goals. Our vision is that all young pcople with leanlillg ditTiculties or disabilities can aesS appropriate quality education and training, which meets thcir individual needs and supports tknir aspirdtions for skills, work and life. ASM
Thomas Dorém Parkanaur Trusl Aceountsfov theyear ended 31 March 2024 Page 3 Trustees, report (cont'd) Main activitie8 undertal£eJJ 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 nets or disabilities. increased indepcndence, improved life outcomes and reduced dependence on other health and social care services. An additional benefit is improved awareness amollgst the genernl public of the challenges faced by thos¢ living with special needs or disabilities, thereby reducing social exclusion. Achievements and performance Reviejv of actlvities Our chatitable puryose is "The relief of those in need by reason of disabiliw,. We are proud to report progress in the development of our Day Opportunities provision through our Growing Together Progran]me. This is designed to meet the needs of two groups. Firstly, our service users who are adults with disability, learning disability, physical disability, autism spectrum conditions, sensory Ioss, mental health problems - oftcn a combination. Secondly a Con]munity Shed in which local volunteers who work in or use the facility of the Walled Garden benefit from being in a beautiful green space, contact with plants and nature and being part of a community. It particularly address 1801ation and the ongoing effects of Covid 19. This project received fimding from Mid Ulster Council, Garfield westo and Big Lottery. In the year 2023-2024 the projeot ran 4 days per week. We had 9 service users who grcatly benefitted from their attendance. Fecdbaclc from users, families and professionals is higbly complimentary. It is clear that this is a vital scrviee. 'We are PecIallY pleased to see our son getting so much enjoypnent andfylfilmentfropn going io the Day Opportunityprogramme. ' "He needs to have this ktnd ofaclivity so much in his life and hcLf enjoyed it immensety. "He is so enihusiastic abgul going and tells me how much he enjoyed his day when he comes home. "The staff who are involved in the Day opportunity programmE are very helpful and kpnd ¢0 him and allow him to take things at his ownpace. "HE likes the they assign him a specific task at times as it helps his self-esteem and his 'ownership' Df thejob ihai ihey've (uked hiTn to do, "It has all been very goodfor mental health. "Ive are hoping to send him along two days each week as it has really worked out well. ' ASM
Thomas Doran Park4xnaur Trust AccoHntsfov theyeay ended 31 March 2024 Page 4 Trustees, report (cont'd) Resldentlal care I)uring the year we have provided residential care to 20 individuals who make Parkanaur their pernianent home. Our very Committ and highly trained staff ensure that residents, physical, mental, emotional, and social needs are addressed. Activities include outings; to Balmoral Show, Belfast Christtnas Market alld Dublin Zoo being particularly valued, Shopping trips locally are also enjoye(L tA)cal forests and parks, Explorius Aquarium, Special OlympiG8 both athletics and swimming, Fit4You and the physical wellbeAng prograrnme off¢r¢d in Dungallnon Leisure Centre are all popular. Drama classes in Cookstown included being part of a production of "Happy ever After" in the Burnavon theatre. On site the walking club continues to be well attended, walking mostly in the forest park which surrounds our property. Options include gym and games room, animal care looking after our chickens and rabbits, volunteering including helping in thc kitche bcing involved ill maintenance duties and office or working in the Coutyard garden 0Wills vegetables and flowers. Feedback received from resident8, their parents and professionals is always very positive, which is reflected in the monthly Trustee worts and in RQIA inspection reports. 'Parkn1r is a very specialplace. There are jwt &ofewplaces like it thal caterfor adults with speal needs. ' Quotes from RQIA inspwtor who Caled out a recent care inspection: "It was evident that staff had a good understanding of residents, needs and treated Ihem wih kindness and respect. Residents looked well caredfor and said that living in the home was a good experience. Staff spoke positively of their experiences worling in the home and of ihe support provided by the manager. ' "Residents told us they were happy living in the home, theyfelt well loolced after and lislened io by staff and management. Residents, comments included "staffarefanlastic" "slaff are like myfamily" aFTd "staffare lind and curing. ' "Staff told us that the residents, needs and wtshes were very importiml to the It was observed that staff responded lo requestsfor assistance promptly in a caring and compassionalE manner. Staff told us there W¢TS good teamwork, communication is good, and they enjoy working in the home." Supported Ilving We continue to have a supported living tenant in an apartsnent in the College. We have a second apartment identifi¢d as suitable to be refilrbished for another teiiant. Short breaks We accommodated 10 individuals. It is clear that there is much unmet need for this seNice which is dceply appreciatcd by those who stay with us and their families. The setting, range of activities available, excellent foiKI and outings create an enjoyable stay while allowing some respite for families. We are constraind by lack of space alld hopc in ihe future to include this service in our ongoing plan to increase provision by bringing unused buildings back into use. "We wunl lo do our besifor our son while we are able to do so and have been delighted at how he has adapted. ' "He loves going to Parkanaur and we appreciate the break so much, ASM
Thomas Doran Parkan4ur Trust Accountsfor the year ended 31 March 2024 Page 5 Trustees, report (cont'd) Cooperatlve working Castlecaulfield Horticultural Society who share the Walled garden with us are an important part of our Growing Together project. We value the ¢xc¢llent working relationship w¢ have with them which we believe benefits our service users, members of the society and the wider public who deeply value Parkanaur We also enjoy cooperation with Speedwell a charity for children promoting cross community understanding though shared outdoor activity. Our joint working included running a very successfi ChriStn Fair. A new development is that on one day each week senior pupils from Sperrinview School attend the walled garden where they receive instruction and practical experience in every aspect of caring for plants. This is valued by the pupils and staff of Sperrinview. Development of buildings Throughout 2023-2024 we havc continued to worlc on the need to preserve and develop our li8ted buildings, which are an important part of the built heritage of Northern Ireland. We have consulted widely on the possibilities of bringing back into use outbuildings which are currently der61ict. At the end o'f the 2023-2024 year we have secured grdnts to allow us to undertake a Phase 2 viability study in thc next financial year. This is an important stq) in our plans to bring these buildings back into use to meet tlLe identified needs of those with disabilities and will culminate in the production of detailed plans for OL proposcd development. We are grateful for the experti8e and work of Stephen Mathews in hig capacity as Business Consultant to the Trust. All our work benefits from the involvonent and support of the local community. This includes Castlecaulfield Horticultural Society, Spccdwell who are our neighbours on site, local politicians and local residents who use the forest park for rccreation and are vcry supportive of our work. We are very grateful to have a team worl(ing 2 days per week maintaining our extensive grounds. This freely given worlc greatly enhances our ¢nvironment. Financial revlew Going concern The trustces have reviewed the appropriateness of the preparation of th¢ financial statements on a 'goillg concern, basis. We have reviewed the level of reserves at the year-¢nd date and the financing secured for the next year and we are content, that these are sufficient albeit represent a challenging financial environment. Wc therefore conclude that it is appropriate to adopt the going concern basis in prq)arAng thG annual report and financial statements. ASM
Thomas Doron Pavkanaur Trust Accountsfor theyear ended 31 Mezrch 2024 Pug6 6 Trustees, report (cont'd) Reserve$ pollcy The cFwity's policy is to maintain an appropriate 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 fix assets) that has a target equivalent to 8iX months Unrestrict expenditure. This level of reserve is required to manage risk in the following areas. Cashflow to assure amounts due to creditors and fiilfilment of contracts and leases. Gaps and loss in funding provisio Organisational wind up and redundancy payments. New development plans for future service ddivery. The general reserves of the ChltY at 31 March 2024 were £652,910 (2023: £534.389) and represerAt unrestrict¢d funds which ar¢ available for gerAeral use. Strnctur4 governanee And manAgement Constitution The company is con8tituted under a meoranduM of association. Method of apwjlntmellt or election of trnstses The management of the company is the responsibility of the trustees who are elected and co-opt under th¢ tern]s of the articles of assooiation. Pollcies Adopted for the Inductlon and training of trustees A trust¢e induction programme introduces members to their roles and responsibilities as directors of the company and reviews the strategic pla gover])ance arrdngemcnts and financial position of the Gharity. It may also identify training and devclopmcnt needs. Organfisatlonal structhre and decision nMlang The trustees have ultinTrte legal and financial responsibility for the affairs of Thomas Doran Parkanaur Trus¢ although the management of the organisation is generally delegated to staff, thrOll the Chief Exccutive. The Board mcets quarterly, and delegates certain fLU]Ctions to sub-conllnittees which operate under Specific ternis of reference: i.¢. The Finance Committee and the Fundraising Committee, Trustees are either elected or co-opted and the total number of trnstecs may not be less than 3. Risk management The ttee5 have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity and are satisfied that systems and procedures are in place to mitigate our ¢xposur¢ to the major risks, Principal a¢tiviti¢s The trustees review the strategic direction and principal activities of the charity at regular intervals and set strategic goals for the charity in three year periods. ASM
Thomas Doyan ParInr Trust Accountsfor theyeav ended 31 March 3024 Page 7 Trustees, report (cont'd) Environment The charity recognises its responsibillty to carry out its charitable operntions whilst minimising environmental impacts. The tNstees' continued aim is to comply with all applicable environm¢ntal legislatio prevent llutioll and rcduce waste wherever poB8ible. Health Ydnd safety The charity is conmiitted to achieving the highest practicable standards in health and safety matyagement and strives to m&e all sites and offices safe environments for employees and visitois Human resources The charity's most important resource is its people" their knowledge and experience is crucial to meetillg charitable objectives. Retention of key staff is critical and the charity has invested in employment training and development. Plans for future perlods Future developments The charAty is planning to extend the fillther education and social skills provision to meet a growing denTrnd and need. It is hoped to develop various complementary provisions over thc next 3 - 4 years. The development will include supported living, day opportunitics and up to 9 additional residential accommodations. Members, liabi]lty The company is lin]ited by guarante¢ and has no share capital. The liability of the members 18 limited to the sum of £10 per mcmber. Taxatloll ststss Thomas Doran Parkanaw Trust is a charity recogni8ed by HM Revenue & Customs, and, as such. is entitled to certain tax exemptions on income and pn)fits from investments and sUlUSe8 on any knding activities oarried on in furtherance of its primary objectives, if these profits and surpluses are appli solely for clwitable purposes. ASM
ThoynasDoran ParkaAaMr Trust Accountsfor theyear ended 31 March 2024 Page 8 Trustees, report (cont'd) ststement of trustees, responsibilities The trustees are respon8ible for preparing the annual report and th¢ accounts in accordance with applicable law and regulation8. Th¢ trustees 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 Practice, of th¢ state of affairs of the charity and of the SLwplus or deficit of the charity for that period. In prepryng those accounts, the trustees are required to: 8elect suitable accounting policie8 and then apply them consistently. make judgements and estimates that are reasonable and pent. prepare the accounts on the going concern basis, unless it is inappropriate to presume that the cknity will continue in business, in which ¢as¢ there should be supporting assumptions or qualifications as necessary. The truste¢8 confirni that they have complied with the above requirements in preparing the accounts. The trustees are responsible for keeping proper accounting records that disclose with reasonable acGuracy at any time the fmancial position of th¢ charity and enable them to ensure that the accounts comply with thc SORP and the Chariti&s Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the chatity and hence for taking reasonable steps for the prevention and detection of fraud and other irregulariti. ststement of disclosure of lllformation to fiuditon So far as each of the tru8tees in office at tlLe date of approval of thcse accounts is aware: there is no relevant audit inforniation of which the charity's auditors arc unaware; and they have taken all the stq)s that they ought to have taken in order to make thcmselves awarc of any relevant audit information and to establish that the charity's auditors are aware of that inforn]alion, Alldltor8 The auditors, ASM (D) Ltd, have indicated their willingness to accept office, and a rcsolution concerning their appoinlment will be proposed at the Annual General Meeting. On behalf of the board of trustees Prof Bernard Cullen PhD - Trustee 29 November 2024 ASM
ThomasDort¥n Pupkanuuy Truyt Ac¢ouAtsfor theyeap ended 31 March 2024 Page 9 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust Opinion We have audited the accounts of Thomas Doran Parkanaur Trusi for the year ended 31 March 2024 which comprAse the statement of financial activities, the balance sheet and the related notes, These financial statements have been preparcd under the accounting policies set out therein. Thc financial reporting framework that has been applied in their preparation is applicable law and United I(ingdom Accounting Standards including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland" (United Kingdom G¢nerally Accepted Accounting Practice). In our opiniort the account8: give a trne and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then have been properly prcpared in accordance with Unitcd Kingdom Generally Accq)tcd Accounting PraGtice' and have been prepared in accordance with the requirements of the Charities AGt (Northern Ireland) 2008. Basis of opinion We conducted our audit in accordance with International Standards on Auditing (UK) USAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilitics for the audit of the accounts section of our report. We are independent of the chltY in accordance with the ethical rcquiremcnts that are relevant to our audit of the accounts in the U including the FRC'S Ethical Standard and we have fulfilled our ethical responsibilities in acGordanc¢ with these quirernents. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Collclusions relating to going concern We have nothing to report in respect of the following nyatters in relation to which the ISAS (UK) require us to report to you where.. the trustees, use of the going concern basis of accounting in the preparation of the accounts is not appropriate. or the tst¢eS have not disclosed in the accounts any identified malerial uncertainties that may cast signiflcant doubt about the charities ability to continue to adopt th¢ going concern basis of accounting for a period of at least twelve months from the date when the accounts are authorised for issue. ASM
Thomas l>oran Pf4rkanaur Trusl AccouAtsfor ihe yetw ended 31 Mar¢h 2024 Page 10 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust (cont'd) Oth¢r information The other information comprises the infornTrtion included in the trustees, report and account8, Qther than the accounts and our auditors, rcport thereon. The trustees are responsible for the oth infonnation, Our opinion on the accounts does not cover the other infonnation and, except to the extent othenvise explicitly stated in our report, we do not express any fonn of assurance conclusion thereon. Jn connection with our audit of the accounts, our responsibility is to read the other information an(L in doing 80, consid¢r whether the otlw infonnation is materially inconsistent with the accounts or our knowledge obtain¢d in the audit or otherwise appears to be mat¢rially misstated. If we identify such material inoonsistencies or appaTht material misstatements, we are required to detern]ine whcther there is a material misstaternent in the accounts or a matwial misstatement of the other inforniation. If, based on the work we have perfornied, we conclude that there is a material misstatement of this other information we are required to report that fact. We have nothing to report in this gard. Opinion on other matters prescrAbed by the Companie5 Ad 2006 In our opinion, based on the work undcrtaken in the course of our audit, the inforniation given in the trnstees, report for the fiTW]cial year for which the accounts are prep1 is consistent with the accounts and has be¢n prepared in accordance with the applicable legal requircments. In the light of the knoWIge and understa1Ing of the company and its environment obtained in the course of the audit we have not identified any material misstatements in the trnstees, report. Matters on which we are requlred to report by exception We have nothiiig to report in respect of the following matters where th¢ Companies Act 2006 requires us to report to you rf, in our opinion: adequate accounting records h&ve not been kept. or returns adequate for our audit have not been received from branches not visita by us, or the accounts are not in agreement with the accounting r¢cords and returns. or certain disclosures of trust¢es' remuneration specified by law are not made. or we have iiot r¢ccived all the inforniation and explanations we require for our audit. ,ASM
Thomas l)t>ran Pttrkanaur Trust Accountsfov Iheyear ended 31 Mayeh 2024 Page 11 Report of the independent auditors to the members of Thomas Doran Parlianaur Trust (cont'd) Respectlve responsibilitie8 of trustees As explained more fully in the tNstees' responsibilities statement set out on page 5, the trustee8 are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the trusieos determine is necessary to enable the prcparation of accounts that are frec from material misstatement, whetller due to fraud or error. In preparing the accounts, the trustees are responsible for assessing the clwity's ability to continue as a going concem, disclosing, as applicable, matters related to going concem and using the going concern basis of accounting unless the trustees either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Audltors, responsibilities for the audit of tbe finRncial statemellts Our objcctives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or eOr, and to issue an auditors, report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatemcnt wlwi it exists. Misstatemcnts caIi arise from fraud or error and are considered material if, individually or in the awegatc, they could reasonably be expected to influence the economic decisions of users taken on the basis of these fllMncial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in Ilne with our responsibilities, outlined above, to detect rllaterial mi88tatemcnts in respect of irregularities, including fraud. The extent to which our procedur&q are capable of detecting irregularities, including fraud is detailed below., We gained an understanding of the legal and regulatory framework applicable to the Company and the industy in which they operate and considered the risk of acts by the Company that wcrc contrary to appliable law and regulations, including fraud. We considered the opprtunities and incentivcs that may exist within the Company for fraud and identified the greatest potential for fraud in thc following areas: mismanagement of payments, posting of unusual journals together with complex transactions, revenue rec4)gnition and subjectivity of valuation8 Used for land and buildings. We designed audit procedures to respond to thes¢ risk8, recognising that the risk of not detecting a material misstatement duo to fraud is high¢r tban ihe risk of not detecting one resulting from error, as fraud may involve deliberate concment by, for example, forgery or int¢ntional mi8rq)resentations, or through collusion. Our audit procedures included: enquircs of management about their own identification and assessment of risks of irregularities, specific tests of detail over payments, sample testing ofjournals posted during the year, v¢rAfying the underlying &8sumptions adopted for the property valuations, specific tests of detail over revenue recognition and a review of areas of judgement for indicators of management bias to a(Idress the risks. ASM
Thomtxs Doran Parkanaur Trusl AccountsAor the yeav ended 31 Mareh 2024 Pllge 12 Report of the independent auditors to the members of Thomas Doran Parkanaur Trust (eont'd) Audltors, responsibllities for the audit of the financial statements (cont'd) Bccause of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including thosc leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transaction8 reflected in the financial statements, as w¢ will be less likely to become aware of instances of non-compliancc. The risk is also greater regarding irregularities occwring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A furiher description of our responsibilities for audit of tbe financial sÈatement8 is located on the Financial Reporting Council's website at: www.frc.or .uklauditoL"sres onsibilities. This description fornL8 part of our Auditors, report. This rq)ort is made solely to the company's members, as a body* in accordance with Chapter 3 of Part 16 of the CompaThies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors, report and for no other purpo8e. To the fullest extent perjnitted by law, wc do not accept or assume responsibility to anyone other than the company and Lhe company's members a8 a body, for our audit work, for this rq)ort, or for the opinions we have formcd. s- (b) ASM (D) Ltd Cbartered Accountants and Registered Audltor8 Dungannon 29 November 2024 ASM
Thomas Doran Parkanaur Trnsl Accounlsfor Ihe Near élided 31 M(ttch 2024 Page 13 Statement of financial aCtitIeS (including ineome and expenditure account) Unrestrleted Regtrlcted Funds Fullds 2024 2024 Total funds 2024 Total nds 2023 Notes Income from: Trust income Training college incon]e Health board and other in¢ome S,587 41,527 1,170,244 5087 41,527 1,170,244 3,825 27,766 1,102,895 Tolal Income 1,217,359 1,217,359 1,134,486 Expendlture on: Direct costs Propety cost8 Adtninistrative costs 899,036 127,458 72J44 899,036 127,458 72,344 844?20 108,773 93,886 Total expendlture 1,098038 1098,838 1,046,979 Flet movement In funds 118,521 118,521 87,507 Reeonelllatlon of fvnds: Totsl funds brought forward Net movement in fund Total fimds carried foThard 534,389 118,521 652,910 534,389 118,521 652,910 446,882 87,507 534,389 15 All amount8 above relate to CQlltinuing operations of the charity. The statement of fn¢1 activitie8 was approved by the Trnstees on 29 Novcmber 2024. Signathre: Prof Bernard Cullen PhD - TrM8tee ASM
Thojnas J)oran Parktinaur Trust Accountsfov theyear ended 31 March 2024 Pag8 14 Balance sheet Note 2024 2023 Fixed assets TangilJl¢ fixed assets 281075 292,552 Cnrrent assets Stocks Debtors Cash at bank and in hand io 1,000 101,775 366,132 468,907 1,000 70,025 256,692 327,717 12 Current Ilabllllles Creditors: amounts falling due within one year Net current assets 13 (81,038) 387,869 (68,718) 258,999 Total Rssets less current Ilabjlitles AccrLwl8 and deferred income Total net a55ets 669,444 (16,534) 652,910 551,551 (17,162) 534,389 14 The funds of the charlty Unrestricted funds Restricted funds Total fund$ 652,910 534J89 15 652,910 534,389 The foregoing balance sheet wa8 approved by the Trustees on 29 Novanber 2024. Signature: Prof Bernard Cullen PtJ) - Trustee ASM
ThomffjgDornrt Parkanaur Trusl Aee¢>uAtsfor theyear ended 31 Mavch 2024 Pag¢ 15 Notes to the accounts ststemellt of accoulltillg policies Th¢ following accounting policies have been used consist¢ntly in dealing with items which are oonsidered nla1 in relation to the charity's accounts. Basis ofprgpartytion The accounts hav¢ been prepared under the historical cost convention and in accordance with the Charities Act (Northem Ireland) 2008 as amended by the Charities Act (Northern Ireland) 2013, the Clwities (Acoounts and Reports) Regulations (Northern Ir¢land) 2015 and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicabl¢ ill the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SOBTr (FRS 102)), the Fitwicial Reporting Stalldard applicable in the UK and Republic of Ireland (FRS 102) in preparing the annual report and financial statements of the Chlty. The principal accounting policies adopted are set out below. Incoming resources All incoming resources are included on the statement of finallcial activities when the charity is legally entitled to the income, where there is reasonable Gertainty that the resource will be received and wh¢re the monetary value can be quantified with reasonable accuracy. Churklable acllvilles Income is included in the statement of financial activities on an accruals basis and net of VAT where applicable. Income is mainly coMlsed of Department for Communities and H¢alth & Social Carc Trust fees recekved. Voluntary income Gifts, bequests and donation8 income is reColIsed when re1Vable. Donations - income by way of donations is included in fidl in th¢ statent of financial activities in the year in which they &re receivable, Government and other grants Grants that rclate to specific capital expenditure are credited to the statement of fJnan¢ial activities when they are receivable and Iransferred from designated reserves to general rese¢S in line with the depreciation iElease of the equivalent fixed asset, Grants that relato to revenue expenditure are credited to the illcome and expenditure account over the period that the revenue expenditure relates to. Investment income Investment income is included when receivable by the charity and consists of bank deposit interest which is included in the statement of financial activities on a receivable basis. Incomefrom other ¢radlng activities Tumover is the amount derived from the provision of goods and services within the charily's ordinary activities after the d¢duction of value added tax. Turnover, which exGludes value added tax, rq)resents thc value of goods and services supplied. ASM
Thomas Doran Parkanaur Trust Accounlsfor iheyear ended 31 March 2024 P¢we16 Notes to the accounts (cont'd) Statement of accounting policies (cont'd) Resources wended All expenditure is aOllted for on an accrual8 basis and has becn cl&gsified under headings that agegate all costs related to the category. Where costs cannot be directly attributed to particular h¢adings they have been allocated to activities on a basis consistsnt with use of the resources. Charitable actlvltles Th¢se costs include direct expenditure relating to economic development and expenditure in administration of the charity. Irrecoverable VA T Any irrecoverable VAT is cl]arged to the statement of financial activities, or capitalised as part of the cost of the related assct, whcrc appropriate. Volunteers and donated servlces No value of donated services and time is accounted for in the accounts. Pension costs The charity contributes to & defmed contribution scheme on behalf of certain employees. The a55et8 of the scheme are held separately from those of the cl]arity in an independently athninistered and contributions are charg¢d to the statement of financial activities in the p¢rii)d to which they relate. Fed assgts The cost of tangible fixed assets is their purchase cost, together with any incidental Costs of acquisition. Fixed assets ar¢ reviewed annually for impairment and appropriate adjustments made where necessary. Land and buildings are not depreciated as the cost relates mainly to land and for thc buildings el¢mellt the annual depreciation charge would be irtllnalerial, however, as noted such a&8ets are subject to aDnual impairnient reviews. Depreciation is calculated so as to write off Ihe c4)st of Fix assets, le89 their estimated residual values, on a straight linc basis over the expected useful cconomic lives of the assets concerned. The principal annual rates used are as follows., Property improvements Fixtures and fittings Horticulthral equipment O-10 Straight line 10-20 Straight line 10 Reducing balance Sloeks Stocks are Stat at the lower of cost and net realisable value, Cost is detennined using the first ity first out basis. Provision is made for slow moving and obsolete stocks. ASM
Thomas Doran Parkanaur Trnst Accountsfor theyear ended 31 Mareh 2024 Page17 Notes to the accounts (cont'd) Statement of Accounting pollcie8 (cont9d) Impalrment OfnOnf1drtel(d assets The cl]arity assesses at each reporting date whether an asset may be impaired. If any such indication exists thc company ¢stimates the recoverable amount of the asset. If it is not possible to estimate the recoverable 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 assct or cash generating unit 18 the higher of its fair value less c08ts to scll and its value in use. If the recov¢rablo amount is 1¢88 than its canying amount, the carrying amoullt of the asset is impaired and it is reduced to its recoverable amount through an impairnient in the statement of financial activities. An impairment loss recognised for ajl assets 18 reversed in a subsquent period if and only if the reasons for the impairni¢nt loss 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 considered doubtful of collection. Fund accounting Thc charity accounts for funds as follows: Restrictedfun(l¥ Restiicted fLmds are lo be used for specified purposes imposed by don0. Expenditure which meets th&s¢ criteria is identified to the fim(L toLiether with a fair allocation of overhead8 and support coyts. Designatedfunds Designated funds comprise unrestricted fLmds that have been set aside by the Trustees for particular purposes. The aim and use of each deS1¢d fund is set out in the notes to the financial statements. Generalfun& General fLmd8 are unrestricted thds which are available for use at the discretion of the Trustees in fLlltherance of the general objectives of the charity and which have not been designated for other puryoses. Ac¢ounts presentlOn In accordancc with section 444 of th¢ Companies Act 2006, the statement of comprehensive income has not bccn delivered. ASM
Thomaj Dornn Parkanauv Trust Accountsfor the yeqr ended 31 March 2024 Page 18 Notes to the accounts (cont'd) Trust income Unrestricted fuiids 2024 Restrlcted funds 2024 Total funds 2024 Total fimds 2023 Bank interest received Donation8 4,687 900 5,587 4,687 900 5,587 713 3,112 3,825 Trailling college income Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Total fid8 2023 Training departments - horticulture National Lottery grtmt CalerinEs coffee shop and Sundry income 18,982 20,000 2545 41,527 18,982 20,000 2,545 41,527 13,827 13,939 27,766 Health and Social Care Trnsts and other inc0e Unrestrlcted fwids 2024 Restrleted funds 2024 Total funds 2024 Total nds 2023 Health and Sooial Care Trusts Short stay and Private incom6 Health Board grant income Horticulture income 1,107J59 54,766 6,605 1,515 1,170,245 1,107358 54,766 6,605 1,515 1,170,244 1,022,758 54,765 24,003 lJ69 1.102,895 Direct costs Unrestrlcted fullds 2024 Restrleted fullds 2024 Total fullds 2024 Total nds 2023 Support worker carer costs Management co&t8 Other 8taff costs Pension Qosts HOl¢hold and kitchen c08ts Cleaning ¢osts Motor expen6¢S Horticulture expen8e8 Coffee shop eApenses Training supplies 641,777 86,611 107,491 12,930 34,957 6,305 8,564 105 96 200 899,03 041,777 86,611 107,491 12,930 34,957 6,305 8,564 105 90 200 899,036 576344 76,210 114,993 10,771 36,450 6,479 9,270 1,300 12,028 475 844,320 ASM
Thomrts Doyan Parkannur Trust Accounlsfor theyear ended 31 March 2024 Pa¥e 19 Notes to the accounts (cont'd) Property costs UnrestrActed fundg 2024 Restricted fund8 2024 Total funds 2024 Total nd8 2023 Premises insurance Light, heat and water Repairs and maintenance 43,404 40,282 37,772 127,458 43,404 46282 37,772 127,458 36,961 53,154 18,658 108,773 Administrative costs Unrestrlcted funds 2024 Restricted funds 2024 Total funds 2024 Total fid8 2023 Travelling expenses Postage and telephone Printing and stationery Adverti8itig Computer expenses AdDJinistrative expense8 stsff training and Seminars Hunjan resources and re¢ruilment #Apenses Subscription8 and menlbership f¢es Bank interest and fees Reglstration fees tKgal and pmfe&8ional fees ConsultkCY fees Accountancy and bookk¢epillg fees Audit fees Depreciation Deferred grants 5,486 1,040 2,259 561 4,109 971 4,098 5,100 1,425 575 1,104 14,552 10294 11,652 5J20 4,426 (628) 72,344 5,486 1,040 2,259 561 4,109 971 4,098 5,100 1,425 575 1,104 14,552 10,294 11,652 5,320 4,426 (628) 72J44 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 12,463 5,120 51,530 (7,832) 93,886 Employe¢ information Total funds 2024 Total funds 2023 Staff costs: Wages and 8alarie8 Social Security costs Other pension costs 782,047 731,588 52,575 43,076 12,930 10,771 847,553 785,435 The average monthly number of employees was 39 (2023: 40) and the average monthly nujnber of employees during the year eApre8sed a8 full time equival¢nts was as follows (including casual and part-time staffj: 2024 2023 By activity: Charitable tiVitie8 39 40 ASM
Thomas Doran Paykanaur Trust AccouNtsfor ihc year Énded 31 March 2024 Page 20 Notes to the accounts (cont'd) Employee information (cont'd) No employees fall in emoluments band over £60,000 (2023: £60,000). The trustees received no remuneration, no benefits in kind and no reinlbursement of expenses during the year (2023: £nil). Remuneration received in the year by the charity's k¢y management amount¢d to £86,611 (2023: £76,210). Flxed assets Freehold Property land and improvemen buildings Flxtures Horlicultural and tltlings equlpment Tota] Cost At l April 2023 Additions Di8posals At 31 Mareh 2024 126,141 255,343 211,720 1,590 (27,970) 185J40 22,755 615,959 1,590 (27,970) 589,579 126,141 255,343 22,755 Aceumulated depreciatAon At l April 2023 Charge for the year Disposal8 At 31 Marckn 2024 105,644 962 195,713 4,000 (20,436) 179,277 22,050 71 323,407 5,033 (20,436) 308,004 106,606 22,121 Net book value At 31 March 2024 At 31 March 2023 12@141 126,141 148,737 149,699 6,063 16,007 634 705 281,575 292,552 Land and buildings consist of premiscs at 57 Parkanaur Roa Dungannon. All fixed assets are valued at historic cost1&8s d¢preciation, 10. Stocks 2024 2023 Stock of plauts 1,000 1,000 ASM
Thomas Doran Pnrkanour Trust Aecounts'for theyear ended 31 March 2024 Page 21 Notes to the accounts (cont'd) 11. Debtors 2024 2023 Debtor8 Other debtors Pr¢payments and accrned incon 94,656 4,286 2,833 101,775 66,987 3,038 70,025 12. Cash at bank and In hand 2024 2023 Current accounts Cash ott hand 36A954 178 366,132 256,096 596 256,692 13. Credltors: Ollt5 falling due within one year 2024 2023 Amounts due iyitlthi one year Trnde creditors Other taxes and social Security Accrued oogts and deferred income 22,148 9,773 49,117 81,038 8,458 13,784 46,476 68,718 14. Accruals and deferred income Government grants At l April 2023 Amort18ation in the year At 31 March 2024 17,162 (628) 16,534 ASM
Thomas Doran Parkanaur Trusl Aeeountsfor theyear ended 31 March 2024 Page 22 Notes to the aecounts (cont'd) 15. Anfilysls of funds An4lysls of fund8 by type Atl April 2023 At31 March 2024 Inootne Expendittlre Transfer8 Uiirestricted funds De8ignated funds Fixed a88et reserve Protscted funds Contingency fid8 InfrastrucLth fimd8 OppOrtilty funds 292,552 loo,000 60,000 25,000 15,000 (10,977) 281,575 loo,000 50,000 175,000 15,000 (10,000) 150,000 CenerAI funds General funds Total unrestricted funds 41,837 1217J59 534,389 1,217,359 (1,098,838) (129,023) (1,098,838) 31J35 652910 Restricted fundy Restricted funds Tot&1 restrActed funds Total funds 534,389 1217359 (1,098,838) 652910 Designated fund5 Fixed asset reserve - This fund r¢presents the net book value of all the charity's fixed assets. The fLU]d is then used to offset the impact on the general fund of the depreciation charged on the relevant assets. Protected funds - To sustain six months of service delivery. Contingency funds - To be used to prepare for costs at th¢ end of a funding cycle. InfrtrUCture funds - To support the reftwbishment and rellewals of the Gharity's assets. Opportunity lld8 - To support the trustees, exploration of future d¢velopments and PW>jects that bGnefit people with disabilities. 16. Pellsion commitments The charity makes contributions to a defined contribution scheme, the assets of the scheme being held separdtely from the assets of the charity. The pellsion cost charge rq)r¢sents contiibutions payable to the sch¢me and amounted to £12,930 (2023: £10,771). Contributions of £3,346 (2023: £2,949) were payablc to the scheme at the year end. ASM
Thomaj Doran Parkanallr Trust Ac¢oMntsfor theyear ended 31 M¢irch 2024 Pe 23 Notes to the accounts (cont'd) 17. Related party trallsactions and ultimate controlling party There is no one person who is the ultimate controlling party of the Glwity, but wllcctively the ultimate controlling parties are the trustees. 18. Taxation The company is a registered charity and as such is entitled to certain tax exemptions on income and profits from investments, and suryluses on any trading activities carried on in fLherdnce of the clwity's prirnary objectives, if these profits and SuluseS are applied solely for charitable pulyoses. 19. Contillgent liabilities There is a contingent liability to rnpay certain govcrmnent grants if the charity fails to honour certain undertakings and colljmitments. In the opinion of the trustees the terms of letters of offer have been complied with and no loss is anticipated. ASM