COMPANY REGISTRATION NUMBER: N1049451 CHARITY REGISTRATION NUMBER: 105131 NORTHERN IRELAND NEWPIN Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS 31 MARCH 2023 CLAREMOUNT Chartered Accountants 43 Clarendon Street Derry BT48 7ER
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 Page Trustees, annual report (incorporating the director's reporl) Independent examineffs report to the trustees Statement of financial activities (including income and expenditure account) Statemenl of financial position Notes to the financial statements
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) YEAR ENDED 31 MARCH 2023 The trustees. who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 March 2023. Relerence and admlnlstraiive detalls Reglstered charity name Northern Ireland Newpin Charity registratlon number 105131 Company registration number N1049451 Principal office and regisiered 18-19 Jasmine Court office Waterside Derry - Londonderry BT472DZ The trusteos Ms D M¢Ananey - resigned 30106/23 Ms C O'Donnell- resigned 30106123 Ms C Donaghy - resigned 30110123 Ms J Mccready Ms J Taylor- appointed 22111123 Mrs A Carlin- appointed 13102124 Mrs L Tracey- appointed 20106123 Mr A Loughrey- appointed 22111123 Independent examlner Karol Mccauley 43 Clarendon Street Derry BT48 7ER Structure. governance and management The Charity is a'not-for-profit, organisation, is limited by guarantee and has no share capital. The company is governed and managed by the board of directors and management committee. The directors who served the Charity throughout the year are shown below. The registered office and details of other professional advisors are listed on page 1. The board of directors carry out their governance role throughout the year by way of meetings on a regular basis to review the performance of the Charity and to rnake decisions regarding the Charity's financial and operational Matters. The directors govern the activities of the company in line with the objectives set out in the governing documents of the charity. namely the Memorandum and Articles of Association and Ihe charity's constitution.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (continued) YEAR ENDED 31 MARCH 2023 Objectives and actlvilies The objects of the charity during the year were to enable isolated families to cope emotionally with the stresses of parenting and to make lasting changes in their lives and relationships with their children. The Core work of Newpin and the process is about developing strengths in people, not focusing on problems. Newpin achieves its objectives by: Raising the self-esteem of parents who are suffering from depression and isolation. Encouraging within each individual an awareness of their own value as a person, a parent and a fulfilled member of the community. Nurturing positlve, loving and supportive parenting. Helping to provide the opportunity for the children to develop emotionally, physically and psychologically at their own pace in a secure and caring envlronment. Ending repeat effects of destructive family relationships. Preventing the hurting {emotional and physicall of children. Enabling mothers to come to terms with their past and prevent trans-generational trauma. During the year the lollowing attendances were recorded at Newpin". Adults Children under 5 Children over 5 2.191 1.531 1.036 There were in total 79 mothers referred or self-referred to Newpin during the period with their 112 children. Newpin offers a weekly therapeutic group session and 449 individual adult counselling sessions were Carried out during the period and 160 child psychotherapy sessions.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (contlnuedj YEAR ENDED 31 MARCH 2023 Achievements and performance Newpin worf(s on a cross-community basis. supporting families where there has been stress due to a combination ol challenges including,. poverty, domestic violence, addiciions, trans-generational trauma, inadequate housing,. mental health difficulties. Our objeclives are: Build resilience and the ability to navigate during periods of difficulty. drawing on psychological. social, cultural and physical resources, which will support the person's wellbeing, thriving and daily functioning. To provide a safe and supportive environment for vulnerable parents/children where learning, confidence building and sale reflection can take place to enable participants to be more proactive in taking car8 of their own feelings and promote self-efficiency. To improve life skills such as building up self-esteem. managing emotions and relalionships, promoting a positive self image, negotiation skills, problem solving, critical thinking and decision making. This has been one of the most challenging years at Newpin and one where we have been seeing the affects of COVID19 on mothers who gave birth during that period. The loneliness., fear and isolation has had a greai impact on their mental health. Depression and anxiety have gone undiagnosed and led in some cases to social services intervention and the risk of losing their childlchildren. This has weighed heavily on Newpin staff and compounded with the challenge of securing funding. has been a struggle for all of us. We have also almost finished a pilot scheme for a 'Dad's project, which has been very successful. We have been doing this programme on Saturday morning to encourage more dads to attend and who may not be able to attend during the week due to work commitments. Newpin was also able to secure funding for the older children 110-15 yr. oldsl and were able to introduce Drum Therapy and Art Therapy which eased the awkwardness of group or face to face counselling for this age group. This was so successful that we also secured funding for the mums and was greatly welcomed Particularly by mums from other nationalities who, although had good English, found it difficult to communicate how they were 'feeling inside,. They have All produced some beautiful art works which we are hoping to put on show in an exhibition about the impact of maternal mental health. We would like to take this opportunity to thank all our volunteers who have been there every day and most weekends lo help us in delivering programmes. We would be lost without these selfless individuals who really do care about the community they live in. Flnanclal review The net incoming resources for the year was £7,212 {2022 - net incoming resources £88,100). The trustees aim to have a cash reserve covering at least 3 months expenditure at any given time. The full results are set out in the accounts which form part of this report.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GuARArEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (¢ontlnu•d) YEAR ENDED 31 MARCH 2023 Plans for future perlods We have seen an increase in referrals from various organisations for mums and their children from countries who are involved in conflict and have found themselves living here and trying to cope with trauma. We are in the process of developing a programme to help these mums using Art Therapy and also a hands-on parentlng programme. We hope to have this up and running mid-summer. The directors and management committee will continue to govern the company in line with the constitutlon to achieve the objectives noted above. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entrtled to the small companies exemption. The trustees. annual report was approved on 27 March 2024 and signed on behall of the board of trustees by: J.mccr@ad 271031202 116..06..45 J Taylor 2710312024 15..09..12 Ms J Mccready Trusteo Ms J Taylor Trustee
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTHERN IRELAND NEWPIN YEAR ENDED 31 MARCH 2023 I report to the trustees on my examination of the financial statements of Northern Ireland Newpin {'the charity,) for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law} you are responsible for the preparaiion of the financial statements in accordance with the requirements of Charities Act (Northern Ireland) 2008 {the '2008 Act,) and the Companies Act 20061'the 2006 Act,). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying oul my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65{9llb) ol the 2008 Act. Independent examlner's Slatement I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records; or the financial statements do not comply with the accounling requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and tair, view which is not a matter considered as part of an independent examination. or the financial slatements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporling by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Mr K Mccauley CLAREMoufrrr Chartered Accounlants 43 Clarendon Street Derry BT48 7ER 24 vknL-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2023 2023 Restricted funds Total funds Total funds 2022 Unrestricted funds Note Incom8 and endowments Donations and legacies Total income 210,706 210,706 274.683 210,706 210,706 274,683 Expendlture Expenditure on charitable activities Total expendlture 203,494 203,494 186,583 203,494 203.494 186.583 Net income and nel movement in funds 7,212 7.212 88,100 Reconciliation of tunds Total funds brought forward Total funds ¢arrled forward 23.258 197.820 221,078 132.978 23,258 205,032 228,290 221,078 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 8 to 16 form part of these financial slatements.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL POSITION 31 MARCH 2023 2023 2022 Note Cuent assets Debtors Cash at bank and in hand 12 3,591 228,769 3,010 224,763 227,773 232.360 Credilors: amounts falling due wlthin one year Net current assets 13 4,070 6,695 228.290 221,078 Total assets less cuffent liabillties 228.290 221,078 Nei assets 228,290 221,078 Funds of the charlty Restricted funds Unrestricted funds 205,032 23.258 197.820 23.258 Total charity funds 14 228,290 221,078 For the year ending 31 March 2023 the charity was entitled to exemption from audit under sectlon 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476: The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These flnancial statements have been prepared in accordance with the provisions applicable to companles subject to the small companies. regime. These financial statements were approved by the board of trustees and authorised for issue on 27 March 2024, and are signed on behalf of the board by: J.mccready 2710312024 16.'06.'45 J Taylor 2710312024 15.'09.'12 Ms J Mccready Trustee Ms J Taylor Trustee The notes on pag88 8 to 16 fonn part of those financial statements.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEKrs YEAR ENDED 31 MARCH 2023 General Informatlon The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 18-19 Jasmine Court, Waterside, Derry - Londonderry, BT472DZ. Statement of eompliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP {FRS 102)) and the Companies Act 2006. Accounting policles Basls of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financlal assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entity. Golng concern There are no material uncertainties about the charity's ability to continue. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes.. restricted income funds or endowment funds.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEKfs (continued) YEAR ENDED 31 MARCH 2023 Accountlng policies (ContInLd} Incomlng resources All incoming resources are included in the statement ol financial activities when entitlement has passed to the charity- it is probable that the economic benefits associated with the transaction will flow to the charty and the amount can be reliably measured. The following specific policies are applied to particular categories of income- income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events. non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor parl of its expenditure on charitable activilies. All costs are allocated to expenditure categories refleeting the use of the resource. Direct costs attribLrtable to a single activity are allocated directly to that activtty. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assels Tangible assets are initially recorded at cost. and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {¢ontinu8d) YEAR ENDED 31 MARCH 2023 Accounting pollcles (Continued) Tangible assets (conNnued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses. unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a resutt of revaluation. is recognised in other recognised gains and losses. except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value. over the useful economic life of that asset as follows: Freehold property Plant and machinery Fixtures and fittings 10°/rJ Straight line 10°/• Straight line 20 /0 Straight line Impairment of fixed assets A review for indicators of impaimient Is carried out at each reporting date. with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups ol assets. For impairment testing of goodwlll, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash%enerating units thal are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Govemmenl grants Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received. Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient. it is recognised in income only when the performance-related conditions have been met. Where granis received are prior to satisfying the revenue recognition criteria, they are recognised as a 10-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (contlnued) YEAR ENDED 31 MARCH 2023 Accounting policies (continued) Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current Ilabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably. the investment is subsequently measured at fair value with changes In fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives. are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate. in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities. with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment. an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance. and other financial assets that are individually significant, these are assessed individually for impairmenl. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairmenl are recognised immediately. to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrylng amount would have been had the impairment not previously been recognised. Limited by guarantee The company is limited by guarantee and, therefore, there is no issued share capital. 11
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (conllnued) YEAR ENDED 31 MARCH 2023 Donalions and legacies Unrestricted Funds Restricted Totsi Funds Funds 2023 Grants Western Health & Social Care Trust Clear Projects Unite Ireland Children in Need Awards for All Community Foundation Henry Smith Charity PHA Funding Halifax Foundation Trust House Charity 96,598 6.516 250 24,717 9,975 21,000 20,700 3,076 5,374 22,500 96,598 6.516 250 24,717 9,975 21,000 20,700 3,076 5.374 22,500 210,706 210,706 Unrestricted Funds Restricted Total Funds Funds 2022 Granls Westem Health & Social Care Trust Clear Projects Mercy Trust Derry City & Strabane DC Children in Need Communty Foundation SSE Renewables- Slieve Kirk Henry Smith Charity John Moores DOH Community Fund Rural Community Network Trust House Charity 94.686 4.980 3.000 3.934 37.064 20,000 2,000 45,050 2,710 30,000 4,920 3,839 22,500 94,686 4.980 3,000 3.934 37,064 20.000 2,000 45,050 2.710 30,000 4,920 3,839 22,500 274.683 274,683 12-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GuARArEE NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2023 Expenditure on charitable activities by fund type Restricted Toial Funds Restricted Tolal Funds Funds 2023 Funds 2022 Rent, Rates & Water Light & Heat Insurance Repairs & Maintenance Wages/Salaries Staff Training Staff Travel Hire Costs Telephone Centre Projects & Events Printing. Postage & Stationery Volunteer Expenses Facilitator Fees Laundry & Cleaning Accountancy Fees Bank Charges Membership Fees Sundry 572 5,456 1,553 3,298 103,120 525 62 1,296 2,224 4,047 557 5,290 65.083 5.358 2,160 195 726 1,972 572 5,456 1,553 3,298 103,120 525 62 1.296 2,224 4.047 557 5.290 85,083 5,358 2,160 195 726 1.972 424 2,608 1 ,292 9.880 106.963 342 137 977 776 3.348 952 5.380 46.541 2.853 2.424 206 622 858 424 2,608 1,292 9.880 106,963 342 137 977 776 3.348 952 5.380 46.541 2.853 2,424 206 622 858 203,494 203,494 186.583 186.583 13-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (¢ontinuedJ Expendilure on charitable a1vItIeS by activlty type Total funds 2023 CORE Support costs Rent, Rates & Water Light & heat Insurance Repairs & maintenance Wageslsalaries Staff Training Staff Travel Hire Costs Telephone Centre Projects and Event5 Printing. Postage and stationery Volunteer expenses Facilitator Fees Laundry & cleaning Sundry Accountancy Fees Bank charges Membership Fees 572 5,456 1,553 3,298 103,120 525 62 1,296 2,224 4,047 557 5,290 65,083 5,358 1,972 2.160 195 726 572 5,456 1,553 3,298 103,120 525 62 1,296 2,224 4,047 557 5,290 65,083 5,358 1,972 2,160 195 726 203,494 203,494 Toial funds 2022 CORE Support costs Rent, Rates & Water Light & heat Insurance Repairs & maintenance Wageslsalaries Staff Training Staff Travel 424 2,608 1,292 9,880 106,963 342 137 424 2.608 1.292 9.880 106.963 342 137 Fri Hire Costs Telephone Centre Projects and Events Printing, Postage and stationery Volunteer expenses Facilitator Fees Laundry & cleaning Sundry Accountancy Fees Bank charges Membership Fees 977 776 3,348 952 5,380 46,541 2,853 858 2,424 206 622 977 776 952 5.380 46,541 2,853 858 2,424 206 622 186,583 186,583 14-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2023 Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2023 2022 Wages and salaries 103,120 106,963 The average head count of employees during the year was 5 (2022.. 5). No employee received employee benefits of more than £60,000 during the year (2022: Nil). Independent examlnatlon fees 2023 2022 Fees payable to the independent examiner for: Independent examination of the financial statements 2,280 2.160 10. Trustee remuneratlon and èxpanses No remuneration or other benefits from employment with the charity or a related entity were reiVed by the trustees. 11. Tanglble flxed assots Freehold property Plant and Fixtures and machinery fittings Total Cost At 1 April 2022 Add itions 162.260 10,108 3.126 175,494 At 31 March 2023 162,260 10,108 3.126 175,494 Depreciation At 1 April 2022 Charg8 for the year At 31 March 2023 162,260 10,108 3,123 175.491 162,260 10,108 3,123 175.491 Carrying amount At 31 March 2023 At 31 March 2022 15-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (conllnued) YEAR ENDED 31 MARCH 2023 12. Deblors 2023 2022 Trade debtors 3,591 3,010 13. Creditors: amounts falllng due within one year 2023 2022 Accruals and deferred income Social security and other taxes Other creditors 2,268 2,161 2.266 1,804 2,266 4,070 6,695 14. Analysis of charitable funds At 1 April 2022 Al Income Expenditure 31 March 2023 Unrestricted funds 23,258 23,258 At 1 April 2022 At Income Expenditure 31 March 2023 Restricted funds 197,820 210,706 (203,494) 205,032 16-