CRIKCIL WOMCI N'S DLtVEI LOI>MEN'f LIMI'I'KD STATmENT or FINANCIAL AcfiiiiTIIS FOR THLI YEAR CINDLID 31 MAIICH 2024 Uiij'estsicled riuiids Resli'iLCed ri uiids 2Q24 2023 Totnl Tolal Nol¥s Xiicoinc Iiiiil eiidoiviiieiits Cliai'ilablo IlCliYili¢s Donalioiis 144,834 144,834 304 153,309 2,639 304 Otliei. IIiLoiiiliig i'etsoui'ce% Rent I'cceivable Room l-lire 29,132 7,7.53 34,728 5,061 7,7S3 TotAI Inconiii)g i'e8oui'Les 144,834 182,023 196,577 Resoui'ces cxpciided Ch¢ll'ilobl¢ aclivilie8 5,295 210,222 215,5J7 21)(,386 'I'otAI I'esoiii'ces e.xi)eiided 5,2YS 210,222 215,5.17 219,386 NLt IIiLJni¢ / (expeiiditui'e) ,11,894 (65,388) (33,494) {22,809) Tra118foi's between fiJiid8 Nel iiiov¢iiieiit Iii fiiiids 31,894 (65,388) (33,494) (22,809) TotRI filmds Iii'ouglit foiryvni'd Ai)1'112023 AS I'estated 96,263 2,209,887 2,106,1 SO 2,328,959 TolAI fllll(Is cAri'led foi'wRI'd 4t 31 Miii'cli 2024 128,157 2,144,499 2,272,656 2,306,1.50 Tlie slnleiiieiil of fiiwnciDI a¢liviti&$11ft8 been piEpniEd oil the basis Ilial all operjlloiis aLY oojilinuii)Ll opei'alioiis. TlieAe att oo i'ccogiilsed gllins or losses olbci'1118D Iliose i)assiiig tLwougb die sl'ateiiieiit of fiLiaiiciil u¢tivitles,
CIRACCI WOMENgS Dl*VCI LOPMfi NT LIMITEI D BALANCE S14&CIT AS A'l, 31 MAEiCH 2024 2024 2023 Notcs .Flxed Asset$ '] angible assel.8 2,142,144 2,20Q,342 CuJ'J'eiit Assets Caxli al baiilc aiid iii liaiid 139,562 109,570 139,562 109,570 Ci'cdltoi'&: aiiiouiils lallliig (lue wltl)Iii ono sieAI' (9,050) (3,762) Net ciii'i'enL as8ets 130,S12 105,808 TotHI assets less ciii'i"enl Ilnbllllics 2,272,656 2,306,1.50 Net 2,272,656 2,306,150 Fiiiiid Uni'¥51L'icled tuiids R¥sli'i¢t¢d fLlI)ds 128,IS7 2,144,499 96,263 2,209,887 1.017 fiiiids 2,272,656 2,3Q6,150 Foi, Ilie finanGial y¢ai' elided 3 I MRI'Gh 2024 tlie coiiipany was ciititled lo ex'eiiiplion ti'oiii audit undei. sebLiuii 477 of Ilie Coiiipaiiias Act 2006 l'elaliiig lo sm411 coiiipani¢s. Tlie Ti'ustetts ockniowledge theii iuponbibililies for ClIplyI1]g with tlje i'eqiiireiiieiitb of tli¢ Coiiipaii1¢5 Act 2006 will) respect to accouiiliiig I'eooiyls llnd I1 prepNIMlion ot liiiancial slftteiiienls. 'I'l)e TLll8lees coiisidei. Ilillt the coiiii)hiiy is ei)litlcd to exciiiplion fit)ni its¢ irquii'eiJi¢iit to liAve ali Hudli ulldei, Ilic I)IOV18ioiI Of sectioi) 477 of Ilic Coinpanies Act 2006 und Fnenibci's liave iiol iequii'ed Ilie coi)Ipany lo obiaiii Ari aLidit fi)i' Llie ye•i' in qiiestion in accoi'daiice willi 8eclioii 476 of Ilie Companies ALI 2006.
GRACE IVONqLfi's DE< VELOPMLI NT LIMI'I'LI D BALANCE SHLEIT (CONTINUEI D) AS A T 31 MAIICTr12024 Tliese tiiiaiicial sla l¢iiicnl& l)It ve beeii pi'ci)ared iii accordaiice witli tlic pix)visions api)liLab5e lo coiiii)ai)ie.% liiibjc¢l to tli¢ si)iall Coi)11)Miiies lug11c. Api)i'ov¢d uiid ilLiII)oi'ised fur iSSLie by tlie Bo#i'¢l 01) Sliniinccii BAliei' 'I'uylee Coini)aiiy Reglsti'otloii No. N1614237
GIiACEI WOMEI N)S DLIVlli LOPMENT LIMII'ED NO'.I'.L( S TO THE FINANCIAI, STATEI MCINTS (CON'fiNuEI D) PIOR THE YLI fi,NDED 31 mRCH 1024 l. AccoiiiilliiLi iJollcle5 1.1 B?1 &15 of Vi'epAI'iIII(iii Tlie f11liiii¢j41 slAteiiieiils lillve beeii prepai'ed uiider Ibe liigtoi'ical rost coiivciilioi). Tb¢ aLcoiiiits (fuiallcial statciii#i)Is) liav¢ beell i)repaYed ii) accui'dance willi tli¢ Slalcmeii( of Recoiiiiii¢iide¢l Pi'aLtice.. Accoiiiiliiib ai)d Repoi'Liiig by Cliai'i¢ies pi'¢pai'i1i8 11)eii' LICCOLlI)tS 111 ACCOI-dBI)ce will) Ilie Fiiiuiicial Repoi'¢liig Sla(Idai'd ai)plicable iii Ilie UIC lliid RepLiblic of li'claiid (fRS 102) i8sued ii) Octol)ci' 2019 ai)d Ille Fi110iicial Rei)oi'l.iiiB Slaiidaixl llJ)plic&ble iii Ilie Uiiited ICiii8doii) alld Rcpiiblic of Irelaiid (FRS 102) ft11(I tlie Chai'ilies Acl (Noi'11).I1 tL-elniid) 2(X)8. 1,2 liieoiiilug i.es011)'ce8 Iiiooiiiiiig i'csoui'ees Nr¢ cl&8sificd ttccoi'diug to tlieir sol1C and I)alI, Tliei'L ili'¢ two distii)ct soiii'ces of IIILoiiie bcing iiicoiiii118 iwouI'ce8 fmi)I gl}IS awai'deil and iiicoii)li)g resoiiites fi'oni clidl'ilyble tioliyilie8. All iiicoiiiillg iT()ll1.0eS lli'e Iiicliukd iii tl)e statemciit of ftnaiici41 activi11 wliei) thd cliui'i¢y Is l¢g8lly eiiliiled Ic) Llic in¢ome aiid tl)e aiiioiiiil L#li b¢ qiiRI)tified witb i'easoii&ble accuY8Cy. 1,3 Re80UI'¢LI.i eii)ei)ded Resoiii'ces exp¢i)ded ai'c clasyified accoixliiig lo Ilieiy fiIiiLIIoii. All cxpei)dilLllf Is accoiiiited foi. oli ali acci'uals bAsi8 and Iios been clossified uiidei, headings Iliftl uggi'¢gale nll costs r¢lated lo tlifit cdle801y. 1.4 rt iiiid a¢eoiiiitlng UuiYsCI'l¢leil Ibiids ol't Rvfiilable foi. Iise at Ilie di.8cietioii of tlie ITuslea8 iii flii'll)ei'an¢e tjf 11)e genei'AI obje¢live8 Jf ¢li¢ cbarity whiLli v¢ iiol beei) desigi)aied foi ()Ihei' piii'yutie8, Resli'icled fijiids oj'e 8ciiei'nleAI fi'oin I'¢sli'iclcd giant8 ai)d doi)alioDs ieceived froiii fuiidiiig l)odies Hnd Il)e rclaled ttxpeiidliure, Siicli tiiiids al'e iesli'icle(l iii Ilieii. u.%e as d¢lei'i111iicd by ellcli indlvidual fiindiiig body, 1.5 'fi)Iiglble ilyed As$els niid dei)i'eclAlion Tangible fixed assels ale slated &[ cosl less deprecifilioii. D¢pi'eciRtioii is pi'ovided ut lyles calbiilat¢il ¢0 will¢ off1S1¢ ¢usl les8 estiiiiated I'esidiial v8liic of ¢BcIi 988Ct ov¢r ils ¢xpccted usefiil Ilfe, as fulluws,, Leaseliold Lii'oi)erty Fil]1'eS & Eitti11&8 20/0 SiraibJlil-ljii¢ I /0 Slimlgbt-liile 1,6 fioi'elkjii eui'i'eiiey tl'AJisliitlo)I Monelai'y assels aiid liabi lilies deA)niDated in Eoi'eigll ¢uri'enci&q al'e trallslaled into stei'liiig ill Ll)¢ I'ales of ¢xolihiige iiiling at tlie balaiice slieel dale, Ti'aiisaGtioiis iii foi'eigi) ¢ui'i'encies al'e I'eLoi'ded ut Ilie l'ate or x¢lIGiige al tl)¥ bllliince sheei dale. All diffu.e1ic nre lokeii lo tlie pi'ofit aiid Ios% AtiCOUI)t, 1.7 Cusli floiv stthteiiieii( Tli¢ Cl)ai'ilies SORP 2019 1'ecomn)en<ls Iliat cas51 flow sl8tei)ienls slJoiild b¢ pi'ep4red foi. lai'g¢i' cliai'iliible ei)lilies, liowevei. tlie UK Hccouiillng 8iiideliiie5 also allow foi. siiiallci. enlilies lo ¢lect i)ot to pJx)diice casl) flow %lai¢iiieiils. Gl'ace Woiiieii'g Dev¢lopiiieiit L.iiniled ll]sets Ilie defiililion of a 8111llll eiitlly ill le17Ds ofib¢ utc ar¢oullliiig 8141)dJi-ds aiid 1118 SO]iP 2019. Tlie li'uslees lidve elected iiot pitpair a casli Flow 8tHt¢inellt in acooi'dancc ivilli i)IDVlSlOl)s allowed foi. %inAller eiitities. io
GIIACEI WOMEI NSS DLIVCILOVMEt NT LIMI'fLI NOI'CI S I'O 'fHJ£ VINANCIAL STATCMLINTS (CONTINUED) ri 011 THII YEAR ILNDED 31 MIUICH 2024 I. AL¢VLlI)tiiig yolleios (coiitliiiieil) 1.8 Deblui's aii(l ei'edltui's I'eeclYllblÈ I P41yable iylllilii oiie yeqi. DebloiT aiid CL'edilois with iio staled liltet Yale uiid i'eceivable or payiible wllliii) oiie yeai. ui'c I'cooi'ded at Ik'ai)saclioll pi'ice. Any losses aiising fi'om ii)Ipairin¢iit 81.¢ i'c¢og]iised ii) eYi)eiiditiire. 1,9 Loi¥ ns Miid boi'i'i>wliiLIs Lo&iig aiid bui'iowiii&8 ali inilifilly IEcogiiised al Ilie tiinsllotioi) pi'ice iiicludiiig trai)SQLtioii cosls. Siibseqiieiilly, Iliey ar¢ Jiieasiii'ed at ai)io1'ti8 Cost usiiig1116 effectiv¢ iiilei'esl I'111¢ Inelliod, less iii)PUil'lh¢LIt. If at) ai'J'anEei)i¢iil co])stiliit¢s a fuiaiice Ii'aJJs¢i¢lioii it is iiieasLlI'ed lll pi'es¢iil valiic. 1.10 liiipftll'ineiil A.gsels Iiol IJJea8ured at fail. vallie ayc I'#viewed fuL' ally il)dicAlioi) tlial tlie asset iiiay be ii)Ipaii'ed al eacb bAlai)c¢ sli¢el dale. If siicli indicalioii exists, Ili¢ I'¢covci'hblc aiiioiiiiL of 11)e asscl, oi Ili¢ asset'8 ¢asl) geiiei'aliiig unil, is L8tiiiillled, iii)d compai'¢d to Ilie ¢#ii-yii)8 diiiuuiII. Wl)eit ¢lie ¢ai'i-ying 8iiioui)¢ exLeeds ils I'LcovcIAblc aiiiouiil, aij iiiiiJAii'illeiit10&8 is i'ecogi)ised ii) i)rolit or lo¥& lilesS Ili¢ A8se¢ is eai'i'ied at a i'cvllliied ainoiiiit ivl)eir Il)¢ iinpau'incnt l(k8S is n iivalualion decirnsc. 1.1 l nii)loyee beiiefiis Wliei) ¢niploycLS ljave i'¢iidei'ed 8¢J'vice to Ihc cliarity, siJoi't-teri)i eini)loyee bcnofils to wliioli tlie eiiiploy¢e air enlill¢d ni'e recogiiised al tl)e uudis¢oi7iiled aiiioiiiil expe¥led lo be paid iii ¢x¢li¥iige foi. IbMI sLI'viLtt, Tlie clioi'ily opci'ales tt defiiied eoiili'ibiitioii plaii foi. Ilie ben¢fil of its eiiiployees, Coi)Ii'ibiilioii& al'e exi)¢iised as Iliey btcoiii¢ pHyoble. I, J2 GiJli)g coiicei'ii 'riie tlttullciiil slaleinenl¥ ljavc beeii i)lEP'¢d oi) a 801118 concei'ii basis as IlJ¢ li'u8tees boliev¢ Il)at llo iiialei'lal uiioei'lnliilies ¢xisL. Tlie tiuslees have coi)81dcr¢d Llie level of tuiids lield aiid Ilie expected l¢vel uf Ii)Loi)ie and expeiidittiLe foi. 12 11i01i11i8 fi'oiii uiillioi'ising iliesc Fii)ai)cial slaieiiiciils, Tlie bud¥¢led iiicviiitt Biid exi)endiliii'e 18 surrioieiil ivill) (he level of resei've8 fur Ihe cliArily to be able lo coiiliiiue a.8 ¥ goii)g coiicei'n. 1.13 Juil%eiiieiits Aii(I Iiey Roui'ee.$ of esllninlloii iiii¢ei'tllliity Iii Ilic appliLdtioii of lh¢ cliai'ily'8 Iiccoiiiiling policies, tlie Ii'u8tees al'e I'ttqiiired lo i)i&l(¢ jii(IgLii)ei)t8, e&Lii))AILS 1< lid d$8iinipliui)s oboiit 11)e cari'yii)g Ainois1)¢ of os8els aiid Ilabllllies Iliai are ijot i'¢adily iii)P41'ei)t fi'oi)i olhoi, soui'ees, Tli¢ eslill]Rl¢s hiid as¥ocialed as8iiiiiijlioi)s based oil li1$1.1ej expei'ieiice 8iid olliei. fA¢toi? Ilial are coii8idci'cd lo be relevajjl. Acttial 1'¢511118 1114y diff. fi'oij) Lliese esillliales, Tlie estininl&8 uiid iindeilyiiig i$siinipti0118 ai'c i'eviewed on au oilgoiiig basis. R¢vision.s lo h¢coiinLin esliiu8les 411'e I'eco811ised iii Ilie pei'iod ill wliicl) tlie eslimfttc is i'evS8ed wli¢it ILie iivi4ioii nflcLls oiily Iliut ijci'iod, oi. li) tlie pa'io(l of Ilie IEvi8ioii aiid futtirc peiiods whei'o Iho I'evisiuIi affeLls bo¢li ciii'i'eiil aiid fiiliii pej'iods. li
C,RACE WOIIqEN'S DIVKLOPMEI NT LIMITII,D NOTKS, TO 'fEIE IeiNANCIAL S'I'ATLMENTS (CONTINUI£D) IOR THF YLI AR LI NDCI D 31 MARCH 1024 l. Total i'e80uI'¢e8 Uiji'esti'lcted Resti'lcted Fuiid ieuiids 2024 2023 Total Iiieuinliikj i'e$oiii'ee8 D¢i)ai'ti)ie511 fc)i' Collllhiinitics Belfa&l City Coiiiicil DoJ)ntion8 Jolii) h4001'e's Foiiiidolioii Developiiig Heallliy Coiiilliulliiies Bciill¢y Molois HalifRx BBC Cl)ililiElI iii Need Heiii'y Si))iili fuiiiidalion Nl Floiisiiig Execiilive Public14Lftlili ABetY Relit i'¢ceival)le Rooi)i Hiie 73,49Y 16,177 Y3,499 16,177 304 2,244 2,161 500 7,336 10,198 25,1110 7,611) 78,759 17,985 2,639 304 2,244 2,161 soo 7,837 10,358 25,100 13,270 840 .34,728 5,061 10,1911 25,100 7,619 29,132 7,753 29,132 7,753 37,189 144,B34 182,023 196,577 Resoui'ce8 exiiended Pibjecl costs Ai'doylle SslIall01) gi'alll GIMiit ii)coiiic ittui'i)ed Wages aiid slllai'ies Slfiff pei)si05)S Pi'opei'ly I'oiiaii's ai)d iiiftiiitenaiice Pi'emiyrb insui'diice Rei)l & i'&t¢s Powei., li8111 & l)eal Coiiipiit¢i niiii)ing costs Legal & piofessioiial Accounthtlcy clini'g¢.% Ti'iivel 'I'¥l¢ooii)miiiiicalioi Siiiidi'y expenses DcPI'CC18tIoi) 14,375 19,5116 14,375 19,586 18,453 20,4,SO 6,724 79,754 3,237 7,758 4,312 873 3,783 684 9,571 2,160 443 420 2,136 430 58,198 92,708 3,468 4,700 5,109 1,070 4,542 787 900 1,773 92,708 3,468 8,891 5,109 1,070 4,542 787 900 2,27(1 4511 4,191 503 450 3,(106 3,1106 Isi 58,198 151 58,198 5,295 210,222 21S,517 219,386 Tbc ijiaiiagttmenl and adiiiinistralloii exi)¢lls&8 lidve beeli appoi'¢ioiied betiveeii ead) cl)¢11'ilMble Aelivily on Ilie tsainc bysis as 1116 ¢xpeiiditui'e in1rr¢ diiwily lli uiiderlakiiig tlial aclivily. 12
CRACf IVOMEINIS Dri VniLOPMCI N'f LIM11'J,' No1.1 S TO 'I'I{Ci filNANCI AL STATLIMCI N'I'S (CONTINUED) VOR TIIE YEI AR LINDFD 31 MARCII 2024 3, 'faiiglble fixLd k%%els LeHseliold Ftxlui'es & Pi'opek'Ly Flttliigs TotAI Co,8t oi. vuliiAtIoii At l Api'il 2023 Addilioi) 2,184,8114 145,000 2,329,884 At 31 Mo(¢112024 2,184,884 L45,00 2,31Y,884 De[Ji'eelatloii At l Api'il 2Q23 Cl)aL'ge foi. the yLai' 97,Z79 43,698 32,263 14,SQO 129,542 58,198 At 31 Mui'6112024 14Q,977 46,763 187,740 Ncl bool< vnliie Al 31 Maich 2024 2,U43,907 98,237 2,142,144 At 31 Mar¢li 2023 1087,605 112,7J7 2,2QO,342 4. Ci'tdltoi's: niiioiiiils fllllliig diie wltl)lii oiie yegi. 2024 2023 Acoi1141s Wages payable PAYB 2,300 6,052 (198 2,160 71)9 9,050 3,762 5. AiiAlyxl8 of iiel llssets betweeii fuiids Restrlcted Iluiid Uili'esti'lcted Fuiid TotAI Iliiijds Ilixed A.S.8els CLiri'eii¢ As5els Lui'i'eiit Ilabillties 2,142,14 6,110 (9,05Q) 2,142,144 139,562 (9,Q50) 133,452 2,139,204 133,452 2,272,f)5fi 6. Ti'ustees i'ei)iuiiei'nlloii Tli¢ Tivst¢e received iio IEiiiiii)erulioii dui'lng Ib¢ year elidi1 31 Marcb 2024 (2023 - Lnil), 13
GIiAC'B WOMEIN'S DEVLILOPMW,N'I' LIMITLI D NOTfiS 'ro ry'Triri, filNANCIAL S1'ATL¢MENTS (CONI'INUCI D) riOR T14lli YEAR fi NDCID 31 MARCII 2024 7. Ti'u%teu' txpe)Ises Tl)o Triislee8 ieeeived iio expeilses diiiing tlie yeai. ci)diii¥ 31 March 2024 (2023 - £1111). 8. i)11)loyee8 Tli¢ Ve1,LJe iiiiinbci. of eiiii)loyeeA diiL ing (11¢ yeni. Liidiiig 31 Maicli 2024 was 7 (2023: 5). 2024 2023 ai'os6 wages lliid salhi'ies (ii)vliidiii8 111¢ lioiinl Iiisui'athce) Slal'f peiisioii ¢os18 92,708 3,468 79,754 .4,237 96,176 82,991 14