COMPANY REGISTRATION NUMBER: N1049451 CHARITY REGISTRATION NUMBER." 105131 NORTHERN IRELAND NEWPIN Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS 31 MARCH 2024 CLAREMOUNT Chartered accountants 43 Clarendon Street Dery BT48 7ER
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement 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 2024 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 2024. Reference and administrative details Registered charity name Northern Ireland Newpin Charity registration number 105131 Company registration number N1049451 Principal office and registered 18-19 Jasmine Court office Waterside Derry - Londonderry BT472DZ The trustees Ms J MGCready Ms J Taylor Mrs A Carlin Mrs L Tracey Mr A Loughrey Independent examlner Karol Mccauley 43 Clarendon Str8&t D8ry BT48 7ER Structure, governance and rnanagement 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 govemance role throughout the year by way of meetings on a regular basis to review the perforrnance of the Charity and to make decisions regarding the Charity's financial and operational matters. The directors govem 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 the charily's constitution.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) {continuedJ YEAR ENDED 31 MARCH 2024 Objectives and activities The objects of the charity during the year were lo enable isolated families to cope emotionally with the stresses of parenting and to make lasting changes in their lives and relatlDnships 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 i501ation. Encouraging within each individual an awareness of their own value as a persor). a parent and a fulfilled member of the community. Nurturing positive, 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 environment. Ending repeat effects of destructive family relationships. Preventing the hurting (emotional and physical) of children. Enabling mothers to come to terms with their past and prevent trans-generational trauma. During the year, the following attendances were recorded at Newpin= Adults Children under 5 Children over 5 2,213 1,542 1,073 There were in total 86 mothers referred or self-referred lo Newpin during the period with their 137 children. Newpin offers a weekly Iherapeutic group session, and 585 individual adult counselling sessions were carried out during the period and 383 child psychotherapy sessions. Achievements and performance Newpin works on a cross-community and multi-cultural basis, supporting families where there has been stress due to a combination of challenges including povety, domestic violence, addictions. trans-generational traurna, inadequate housing, méntal health difficulties. Our objectives 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 parentslchildren where learning, confidence building, and safe reflection car¢ take place to enable participants to be more proactive in taking care of their own feelings and promote self-efficiency. To improve life skills such as building up selfosteem. managing emotions and relationships, promoting a positive self-image, negotiation skills, problem solving, critical thinking and dccision malcing.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (continued) YEAR ENDED 31 MARCH 2024 Achievements and performance We have, once again, seen an increased demand on our seNices. The lingering effects of COVID-19 on maternal mental health, including anxiety, depression, and feelings Df isolation, have increased the need for support. A cost-of-living crisis and the inability lo access G.P.'s exacerbates stress for parents, making access lo mental health services more critical. Like many charities we have faced lighter funding due to the economic downturn and inflation. Grants that were once available are now being directed to broader healthcare needs, leaving maternal mental health underfunded and for us a challenge to access. This has also been compounded by challenges in recruiting and retaining staff and the effect this has had on us all has added extra stress to staff...but we are still here and still managing to do our best for everyonel In the past year we have introduced new programmes to Newpin, and we are particularly proud of our 'Gardening Project. where we managed to grow tomatoes. celery. carrots. beetroot, peas and chard. We have also inclLJded a Health & Nutrition Piogramme for our families, and they use the vegetable from the garden. This has been very successful and very well attended. We have also introduced training programmes for our volunteers and in particular mothers with a lived experience who are vital contributors to our seNice. We have also introduced culturally sensitiv8 services and adapted thgrapy and 8ducational programmes to support the divers8 communities who are now using Newpin. Our Art Therapy Session5 have been particularly rewarding for those mothers and children using Newpin who may speak English well but have difficulty in comprehension of what is being said within Therapeutic sessions. Financial revlew The net incoming resources for the year was £13,930 (2023- net incoming resources £7,212)- The trustees aim to have a cash reserve covering at least 3 months expenditure at any given time. The full resuFts are set out in the accounts which form part of this report.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (condnued) YEAR ENDED 31 MARCH 2024 Plans for futura pérfods In the year ahead. we will tailor Dur setvices for different cultural groups lo ensure accessibility and relevance. Include programs like mindfulness. yoga. or play therapy Ihal focus on nurturing the mother-child relationship. Include programs like rnindfulness. yoga. or play th8rapy that focus on nurturing the mother-child relationship. The directors and management committee will continue to govern the company in line th the constitution to achieve the objectives noted above. Small company provlsions Thi5 report has been prepared in accCda with fh8 provisions appIlble to compani85 entiued to the smal companies exemption. Th8 trustees. annual report was approved on 07 February 2025 and slgned on behalf of th8 trp)ard of trust88s by: Ms J MccrdY Trustso 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 2024 I report lo the truslees on my examinatlDn of the financial slalemenLS of Northern Ireland Newpin ('Ihe charity'l for the year ended 31 Tarch 2024 Responsibilities and basis of report As the irustees of the company land also its directors lor the purposes OT company lawl you are responsible for the preparation of the financial slalemenls in accordance with the requirements of Charilies Act (Northern Ireland) 2008 (the '2008 Acl'l and the Cornpanies Act 2006 Ilhe 2006 Acl'l. You are satisfied that the ac¢ounts of the company are not required by oharity or Gompany law to be audited and have chosen inslead to have an ind8p8ndenl examination. Having satisfied myself that the accounts of the company are not required lo be audited under Part 16 of the 2006 Acl and are eligible for independent examination. I report in respect of rny examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65191(b) of the 2008 Act. Independent oxamingrfs statement I have completed my examination. I confim that no matters have come to my attention in connection with my examination giving me cause lo believe that in any material r85pect'. accountlng records were not kept In respect of the charty as required by section 386 of th8 2006 Act,. or the financial statements do not accord with those records., or the financial statements do not comply wlth the accountlng requirements of $ection 396 of the 2006 Ath other than any requirement that the accounts give a 'true and fairf view which is not a matter eonsideréd as part of an independent examlnation; or the financial statements have not been prepared In acG¢xdenGe with the methods and principles of the Statement of Recomrnended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with th8 Financia Reporting Standard applicable in the UK and Republic of Iland {FRS 102)- I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the aC}un to be reached. Mr K Mccauley CLAREMOUNT Chartered Accountsnts 43 Clarendon Street Derry BT48 7ER
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2024 2024 Restricted funds Total funds 2023 Unrestricted funds Total funds Note Income and endowmonts Donations and legacies Total Income 3,192 193,752 196,944 210.706 3,192 193,752 196,944 210,706 Expenditure Expenditure on charitable aGtivitie5 Total expenditure 183,014 183,014 203,494 183,014 183,014 203,494 Net (expenditurellincome and net movement in funds 3,192 10,738 13,930 7,212 Reconciliation of funds Total funds brought fomard Total funds carried forward 23.258 205,032 228,290 221,078 26,450 215,770 242,220 228,290 The statem8nt of financial activities includes all gains and losses recognis8d in the year. All income and expenditure derive from continuing activities.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL POSITION 31 MARCH 2024 2024 2023 Note Currènt assets Debtors Cash at bank and in hand 12 22,500 223,596 3,591 228,769 246,096 232.360 Creditor5- amounts falling due within one year 3,876 4,070 Nel current assets 242.220 228.290 Total assets less Current liabilities 242,220 228.290 Net assets 242.220 228.290 Funds of the charity Restricted funds Unrestricted funds 215,770 26,450 205,032 23,258 Total charlty funds 14 242,22(1 228,290 For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Compani8s 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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue 07 February 2025, and are signed an behalf of the board by= Ms J Ilccready Trustee ..Ms J Taylor Trustee The not¢5 on pays 8 to 16 form part of these financlal statomgnts.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 General information 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 regislered office is 18-19 Jasmine Court, Waterside, Derry - Londonderry, BT472DZ. Statement of compliance 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 Recomtnended 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 1021) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investrnent properties measured at fair valua through income or expenditure. The financial statement5 are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to Gontinua. 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 unreslricted funds eamiarked by the tnjstees 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 ona of two sub-classes: restricted income funds or endowment funds.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {ntinUed) YEAR ENDED 31 MARCH 2024 Accounting policies (continuéd) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity.. il is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo 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 fr()m donated goods is measured at Ihe 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 services 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 s8rvices is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il 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 whiGh it relates= expenditure on raising funds includes the costs of all fundraising activities, events. non-Gharitable trading activities. and the sale of donated goods. expenditure on Gharitable activities includes all costs incurred by a charity in undertaking activities that further its charitsble 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 part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned beiween the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets 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 th@ 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 (continued) YEAR ENDED 31 MARCH 2024 Accountlng policles (eontinuedj Tangible assets (continued) 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 result of revaluation. is recognised in other recognised gains and105ses, 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 100/D Straight line 100/0 Straight line 20Yo Straight line Impalmiont of flxed assots A review for indicators of impairment is carried out at each reporting date, with Ihe rècoverable 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 ¢ash-generating unit to which the asset belongs. The Gash-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 of assets. For impaimient testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date. allocated to each of the cash-generating units that 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. 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 instrutnents are initially recognised at the amount receivable or payable including. any related transaction costs. Current assets and cuent liabilities are subsequently measured at Ihe cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsaquantly m8asur8d at amortised cost. 10-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2024 Accounting polici8S fcontinued) 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 liabilities 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 otheiSe be measured reliably. the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such invesknents are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are inrtially recognised at fair value. unless payment for an asset is deferred beyond normal business terms or finan¢ed at a rate of interest that is not a market rat8, in which cas8 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 hgdging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impaimient at the end of each reporting date. If there is objective evidence of impairment, an impaimient loss is recognised under the appropriate heading in the statem8nt of financial activities in whiGh 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 impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying 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.
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (eontinuéd) YEAR ENDED 31 MARCH 2024 Donations and legacies (continuedj Unrestricted Funds Restricled Total Funds Funds 2024 Donations Sponsorship & Donations 3.192 3,192 Grants Westem Health & Social Care Trust Clear Projects Community Foundation Henry Smith Charity Derry City & Strabane District Council Trust House Charity 100.017 3,970 43,965 21,300 2.000 22.500 100,017 3,970 43.965 21.300 2,000 22.500 3,192 193.752 196,944 Unrestricted Funds Restricted Total Funds Funds 2023 Grants Westem Health & Social Care Trust Clear Projects Unite Ireland Children in Need Awards for All Community Foundation Henry Smith Charrty 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 12-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2024 Expendituro on charitable activities by fund type Restricted Total Funds Restricted Total Funds Funds 2024 Funds 2023 Renl. Rates & Water Light & Heat Insurance Repairs & Maintenance Wageslsalaries staff Training Staff Travel Hire Costs Telephone Programme Costs Printing, Postage & Ststionery Volunteer Expenses Facilitator Fees Laundry & Cleaning Accountancy Fees Bank Charges Membership Fees 838 3.517 1.735 4,504 81,448 1,203 838 3.517 1.735 4.504 81,448 1.203 572 5,456 1,553 3.298 103,120 525 62 1.296 2,224 6.019 557 5,290 65,083 5,358 2,160 195 726 572 5,456 1,553 3.298 103.120 525 62 1.296 2.224 6.019 557 5,290 65.083 5,358 2,160 195 726 1.280 889 9,483 1,414 9,996 63,020 1,205 2,280 202 1.280 889 9,483 1,414 9,996 63,020 1,205 2,280 202 183,014 183,014 203,494 203,494 13-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (continuod) YEAR ENDED 31 MARCH 2024 Expenditure on charitable activities by activity type Total funds 2024 GORE Support costs Rent, Rates & Water Light & heat Insurance Repairs & maintenance Wageslsalaries Staff Training Hire Costs Telephone Programme Costs Printing, Postage and stationery Volunteer expenses Facilitator Fees Laundry & cleaning Accountancy Fees Bank charges 838 3.517 1,735 4,504 81,448 1,203 1,280 889 9,483 1,414 9.996 63,020 1,205 2.280 202 838 3,517 1,735 4.504 81,448 1,203 1,280 889 9.483 1,414 9.996 63.020 1.205 2,280 202 183,014 183,014 Total funds 2023 CORE Support costs Rent, Rates & Water Light & h8at Insurance Repairs & maintenance Wageslsalaries Staff Training Staff Travel 572 5,456 1,553 3,298 103,120 525 62 572 5,456 1,553 3,298 103,120 525 62 kll Hire Costs T818phone Programme Costs Printing, Postage and stationery Volunteer expenses Facilitator Fees Laundry & cleaning Accountancy Fees Bank charges Membership Fees 1,296 2,224 6,019 557 5,290 65,083 5,358 2,160 195 726 1,296 2,224 6,019 557 5,290 65,083 5,358 2,160 195 726 203,494 203,494 -14-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2024 Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries 81,448 103,120 The average head count of employees during the year was 4 (2023. 5). No employee received employee benefits of more than £60,000 during the year12023= Nil}. Independent examination fees 2024 2023 Fees payable to the independent examiner for: Independent examination of the financial statements 2,280 2,160 10. Trustee remuneration and 8xpenses No remun8ration or other b8nefits from employm8nt with the charity or a related entity were received by the trustees. 11. Tangiblo fixod a688t6 Freehold property Plant and Fixtures and machinery fittings Total Cost At 1 April 2023 Additions 162,260 10,108 3,126 175,494 At 31 March 2024 162,260 10,108 3,126 175,494 Depreciation At 1 April 2023 Charge for the year At 31 March 2024 162.260 10,108 3,126 175.494 162,260 10,108 3,126 175.494 Carrying amount At 31 March 2024 At 31 March 2023 12. Debtors 2024 2023 Trade debtors 22,500 3,591 15-
NORTHERN IRELAND NEWPIN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {continuedJ YEAR ENDED 31 MARCH 2024 13. Creditors: amounts falling due within one year 2024 2023 Accruals and deferred income Social security and other taxes 2.268 1,608 2,268 1.802 3,876 4.070 14. Analysis of charitable funds At 1 April 2023 At Income Expenditure 31 March 2024 Unrestricted funds 23,258 3,192 26.450 At 1 April 2023 At Income Expenditure 31 March 2024 Restricted funds 205.032 193,752 (183,014) 215,770 16-