Registration number N1043417 Dunluce Famlly Centre Limit¢d Company Ilmited by guarantee Directors, report and financial statomonts for the year ended 31 March 2024
Dunluce Family Centre Limited Company limited by guarantee Contents Page Directors and otlier information Directors, report Independent Examiner's Report Stateineiit of Financial Activities Stateinent of Financial Position Notes to tli¢ finaiicial stateinents 10-16
Dunluce Family Centre Limited Company limited by guarantee Company information Directors Neil Hargan Francine Moran Claire Duffy Caroline Hartop Bronagh Mccallioii Brian MacNeachtain Shauna O'Dolierty Resigned l 0.07.24 Secretary Claire Duffy Charity nuinber XR 60593 Company number N1043417 Registered office 15 Shaw Court Ballymagroariy Derry BT48 OPW Accountants McGroaty Mccafferty & Company Ltd Accountants and Consultants 2 Carlisle Terrace Derry BT48 6JX Bankers Bank Of Ireland 27 Culmore Road Derry BT48 8JB Page I
Dunluce Family Centre Limited Company limited by guarantee Directors, report for the year ended 31 March 2024 The directors present tlieir report and the financial statements of the company for the year ended 31 March 2024. Directors The directors who served the company during the year are as follows: Neil Hargan Claire Duffy Francine Moran Brian MacNea¢litain Caroline Hartop Bronagli Mccallion Shauna O'Dohety Resigned 10.07.24 Our Objectlve and Alms The objective of the company is the advancement of education. To achieve our objective to advance education tlie Ceiilre will work witli Ilie other voluntary, community, business and statutory organisations in the Outer West Neiglibourliood Reneival Partnership to deliver a range of programmes, services and facilities, including capacity building, classes, training, social events and a range of healthy life-style opportunities such as health awareness sessions, pliysical activity sessions. Alms To provide programin¢s tliat ineet the needs of families and children. To provide services that meets the needs of parents and cliildren. To ensure community ownership and that services are coinmunity led. To have a sustainable and securc organisation. To promote and market Dunluce Family Centre. To embed methods of best practice within the organisation. Public Benefit The direct benefits flowing from the objective include tlie provision of programmes and facilities for the enhanced development and education of children up to tlie age of seventeen and tlie encouragement of parents and guardians to understand and provide for the needs of their children in order to promote the physiological, natural, social and other aspects of family cliildren and young people's education. These benefits will be demonstrated by recording the numbers of people who access our services and measuring these against the targets establislied our annual action plan. The beneficiaries are the people of the Ballymagroarty, Hazelbank, Coshquin, Glen, Rosemount and City area of Co Derry and its environs. Page 2
Dunluce Family Centre Limited Company limited by guarantee Directors, report for the year ¢nded 31 March 2024 Financial Review The financial review is summarised in the enclosed accounts. Plans for fi uture Perlods Our plaiis are to provide a wraparound family support service for the families in the Outer West Neighbourliood Rcnewal areas, froin early intervention to prevention. We want to embed our Inentoring service alongside tlie Family Support Hub. We want io provide affordable childcare to families 5 mornings and 5 afternoons a week, as a social economy model. We want every child to have the best start in life, by sustaining Lifestart 'Growing Cliild, and Lifestart 'At Home In Scliool, programmes. Our aiin is to einbed Lifestart into the crèche and tlie crèche into Lifestart proErammes. Children transitioning from the crèche to Nursery are given the knowledge and skills of wliat a day in the classroom is like. We want their parents to be part of their child's school day by providing them with the knowledge and skills througli Lifestart to equip them to be their cliild's first educator and teacher, within the horne setting. We will continue to r¢s¢ar¢h funding to provide an extension to our building, which will widen our menu of services. We want to provide a'Parent Toddler, group and an 'After Schools/ Summer Scheme for children four years and upwards. We will continue to work in partiiersliip witli training providers to ensure residents are being up skilled and provide student placements for residents in further and higher education. Structure, Governance and Managemont Governin Document The organisation is a charitable company limited by guarantee, incorporated and regist¢red as a charity on l O Julie 2002. Tlie company was established under a Memorandum of Association wliich established tlie objects and powers of the cliaritable company and is governed under its Articles of Association. Every member of the Company undertak¢5 to contribute to the assets of tlie Company, in the event of the same being, wound up while it is a member, or within one year after it ceases to be a member, for payment of the debts and liabilities of the Company contracted before it ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributions among themselves, such amount as may be required not exceeding one pound. Page 3
Dunluce Family Centre Limited Company limited by guarantee Directors, report for the year onqled 31 March 2024 Recruitment and A ointment of the Bothrd of Directors Directors are appointed at the Annual General Meeting and hold office until the next AGM following tlieir appointment. Obli atlons of the Board The main obligation of the Board is to develop and oversee the implementation of policy and to ensure that structures and management comply with legal requirements and good governance practice. Ri8k Man ement The directors have assessed the major risks to wliicli the charity is exposed , in particular those related to the operations and finances of the organisatioii, and are satisfied tliat systems are in place to mitigate the exposure to tlie Inajor risks. Responsibilities ofthe Board of Dfirectors The directors are responsible for preparing the annual report and the financial stateinents in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare financial statements for each financial year, which give a ture and fair view of the state of affairs of tlie charitable company and of tlie incoming resources and application of rcsourc¢s, including tlie income and expenditur¢ of th¢ Gharitable company for that period. In preparing these financial statements, the directors are required to: select suitable accounting policies and apply them consistently; observc methods and principles of the Charities SORP (FRSI 02); Inake judgements and estimates that are reasonable and prudent. state whether applicable UK Accounting Standards Iiave been followed, subject to any material departures disclosed and expalined in tlie financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The direetors are resposible for keeping adequate accounting records which disclose with reasonable accruacy at any time the financial position of tlie charitable company and to enable them to ensure that the financial stateinents comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 4
Dunluce Family Centre Limited Company limited by guarantee Directors, report for the year ended 31 March 2024 Independent Examiner A resolution to re-appoint McGroarty, Mccaffety & Company Ltd as independent examiners will be proposed at the annual gencral meeting. Tlie report is prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small comapnies. This report is approved and authorised for issue by the board on 22 October 2024 and signed on its behalf by: Director Director Page 5
Dunluce Family Centre Limited Company limited by guarantee Independent examiner's report on the unaudited financial statements to the directors of Dunluee Family Centre Limited We report on the accounts of tlie company for the year ended 31 March 2024, which are set out on pages 7 to 16. Respective responsibilities of charity directors and examiner. As the cliarity directors you are responsible for the preparation of the accounts in accordance with the requirements of tlie Companies Act 2006. Having satisfied ourselves tliat tlie charity is not subject to audit under company law, and is eligible for independent examination, it is our responsibility to; examine the accounts under section 65 of tli¢ Cliarities Act 2008; follow the procedures laid down in the general directions given by the Charity Commission for Nortliern Ireland under section 65(9)(b) of the Charities Act 2008. state whetlier particular matters have come to our attention. Basis of indopondont oxomlncr's report We liave exaiiiined your charity accounts as required under section 65 of the Cliarities Act and our examination was carried out in accordance witli the general directions given by tlie Charity Commission for Northern Ireland under Sectioii 65(9)(b) of tlie Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included a consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as cliarity directors ¢oncerning any such matters. Our role 15 to state wheth¢r aiiy material matters have come to our attention giving us cause to believe: that accounting records were not kept in accordance with section 386 of the Companies Act 2006; tliat the accounts do not accord with tliose accounting records; tliat the accounts do not comply with the accounting requireinents of the Section 396 of the Companies Act 2006 and the metliods and principles of tlie Cliarities Statement of Recommended Practice applicable to charities preparing tlieir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; that tliere is furtlier inforniation needed for proper understanding. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters listed above and, in connection witli the following direction5 of the Cliarity Commission for Northern Ireland, we have found no matters that require drawing to your attention. Mccroarty, ccafferty 2 Carlisle Terracc Derry BT48 6JX Date: 22 October 2024 Company Ltd Page 6
Dunluce Family Centre Limited Company limited by guarantee Statement of Financial Activities for the year endeil 31 March 2024 Total Funds 2024 Total Funds 2023 Unrestrlcted Funds Restricted Funds Income and Expenditure Incoming Resources Voluntary Income Investment Income Incoming resources from charitable activities 26,680 266 26,680 24,517 266 20 254,091 238,238 254,091 Total Incoming Resources 26,946 254,091 281,037 262,775 Resourccs Expended Dircct Charitable Expeiiditure Managemeiit & Adininistratioii 31,402 259,828 1,320 291,230 257,896 1.320 1,320 Total Resources Expended 31,402 261,148 292,550 259,216 Net Incorning l (Outgoing) Rcsources (4,456) (7,057) (11,513) 3,559 Balaiices brought forward l April 2023 25,355 231,992 257,347 253,788 Balances carried forward 31 March 2024 20,899 224,935 245,834 257,347 The above amounts relate to continuing operations of the charity. The charity has no reeognised gains and losses other than those included in tlie results above and therefore no separate statement of total recognised gains and losses has been presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents. Page 7
Dunluce Family Centre Limited Company limited by guarantee Statenient of Financial Position as at 31 March 2024 2024 2023 Notes Fixed assets Tangible assets Current assots Debtors Cash at bank and iii hand 233,922 241,670 15,364 13,249 14,763 20,015 28,613 34,778 Creditors: amounts falllng due within onc year (16,701) (19,101) Nct current assets 11,912 15,677 Total Assets less current liabilitie$ 245,834 257,347 Net assets 245,834 257,347 Funds Unrestrict¢d R¢strict¢d 20,899 224,935 25,355 231,992 Members, funds 245,834 257,347 The notes on pages 10 to 16 form an integral part of these financial statements. Page 8
Dunluce Family Centre Limited Company limited by guarantee Statement of Financial Position {continued) In approving these finaiicial statements as directors of tlie company we hereby confinn: The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small Companies. The members liave not required tlie company to obtain an audit in accordance with section 476 of the Coinpanies Act 2006. Tlie directors acknowledge tlieir responsibilities for complying witli Ilie requirements of the Compaiiies Act 2006 with respect to accounting records and preparation of accounts. Tljese accounts have been prepared in accordance with the provisions applicable to small companies subject to tlie sinall coinpani¢5 regiine in accordance witli Charities SORP (FRS 102). Dfirector Director Date . 22 October 2024 Date . 22 October 2024 Registration number N1043417 The notes on pages 10 to 16 form an integral part of these financial statements. Pagc 9
Dunluce Family Cenlre Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 Genernl Information The company is a private company limited by guarantee, registered in Northem Ireland. The address of the regislered otTice is 15 Shaw Court, Ballymagroarty, Derry, B T48 OPW. Statement of compliance These financial statements have been prepared in accordance witli Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the financial Reporting Standards applicable in the UK and Republic of Ireland Cliarities SORP (FRS 102) , the Companies Act 2006 and the Charities Act (Nortliern Ireland) 2008. 1.2. Accounting policies Basxs of prop&rlltion Th¢ financial stat¢m¢nts l)ave been prepared on tlie historical cost basis, as modified by tlie revaluation of certain fiiiancial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Incoxnc (i) Grants Grants represents all amounts received and reccivable during the year. Capital grants are released to the profit and loss account in the year in which they are received in line with the Charties SORP (FRS 102). Revenue grants are credited to the Stateinent of Financial Activities in the year they are received. (li) Doiiations & adininistration income. This comprises ainounts received during tlie year. 1.4. Expendlture (i) Direct Charitable Expenditure This represents all expenditure directly attributable to charitable causes. (ii) Management & Administration This includes all otlier expenditure not directly allocated above and a portion of the overhead costs attributable to manageinent and administration. Page 10
Dunluce Family Centre Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 Tangible fAxed assets and depreciation Fix¢d assets ar¢ stat¢d at cost less depreciation. Depreciation is provided at rat¢s calculated to write off tlie cost less residual value of each asset over its expected useful life, as follows: Land and buildings Fixtures, fittings and equipment 20/0 Straight line 200/0 Reducing balance Page 11
Dunluce Family Centre Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 Unrestricted Restricted Total Income IDcome Funds 2024 2024 Total Funds 2023 2.1 Incoming Resources 2024 Incomin resources from charitable activities Departinent for Coininunities Dept for Coininunities Derry City and Strabane District Council Cash For Kids Seeds Save The Cliildren Musgrave Cominunity Grant Cliildcare Partnership Small Grants cypsp Pathways Ballymagroarty Hazelbank Cominunity Partiiership WHSCT- Outer West Hub WI-ISCT pcsp 3,283 3,283 131,851 131,851 12,395 12,395 6,300 6,300 1,060 1,060 6,699 6,699 1,000 1,000 4,687 4,687 1,200 1,200 29,996 29,996 30,826 30,826 17,063 17,063 4,983 4,983 2,748 2,748 146,635 7,271 5,910 4,983 27,849 25.685 17,213 2,692 254,091 254,091 238.238 Volunt Ineome Doiiatioiis & Fundraising Creche Income 655 26,025 655 26,025 456 24,061 26,680 26,680 24,517 Invcstmcnt Income Bank Interest 266 266 20 Total 26,946 254,091 281,037 262,775 (i) Restricted Funds Funds received which are eamiarked by the Funder for specific purposes. Such purposes are within tl)e overall aims of tlie orgaiiisation. (11) Unrestricted Funds Fund5 which are eApendabl¢ at the discr¢tion of the company in furtherance of tlie aims of the Charity. In addition funds may be held in order to finance capital investment and working capital. Page 12
Dunluce Family Ccntre Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 Resources Expended Unrestricted Funds Restrict¢d Funds Total 2024 Total 2023 Dlrect Charltable Expenditure Wages Pension costs Insurance Light & Heat Maintenance Printing, postage & stationery Teleplione, & internet Travel Lifestart Affiliation Bank charges Sundry Depreciation Programme Costs Family Activities & Resources 31,037 143,244 6,346 2,934 5,113 6,322 3,694 6,555 1,155 1,000 174,281 6,346 2,934 5,IE3 6,322 3,694 6,555 1,155 1,000 365 459 8,451 70,960 3,595 171,952 6,346 2,782 5,051 2,710 2,358 5,382 1,299 1,000 317 ,108 9,183 45,754 2,654 365 459 8,451 70,960 3,595 31,402 259,828 291,230 257,896 Management & Admfinlstration Accountancy 1,320 1,320 1,320 1,320 1,320 1,320 Total Resourcos Expended 31,402 261,148 292,550 259,216 Nct Incomlngl (Outgoing) Resources 2024 2023 This is stated after cliarging: Depreciation and other amounts written off tangible assets 8,451 9,183 Page 13
Dunluce Family Centrc Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 mployees Number of employees The average monthly number5 of employees (including the directors) during the year were: 2024 Number 2023 Number 14 14 Employment costs 2024 2023 Wages aiid salaries Pension costs 174,281 6,346 171,952 6,346 180,627 178,298 Tax on profit on ordinary 8etlvltlcs No charge to t£Lxation is due as the company lias charitable status. Land #nd Flxtures, buildings fittlngs and freehold equipment Tangible fixed assets Total Cost At l April 2023 Additions 276,196 89,126 703 365,322 703 At 31 March 2024 276,196 89,829 366,025 Dcpreeiation At l April 2023 Charge for the year 49,163 5,524 74,489 2,927 123,652 8,451 At 31 Marcli 2024 54,687 77,416 132,103 Net book values At 31 Marcli 2024 221,509 12,413 233,922 At 31 March 2023 227,033 14,637 241,670 Page 14
Dunluce Family Centre Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 Dobtors 2024 2023 Debtors Prepayments 12,859 2,505 l2,395 2,368 15,364 14,763 Credltors: amounts falling due within ono year 2024 2023 Bank overdraft Other taxes and social security costs Accruals 12,226 1,873 2,602 10,129 5,623 3,349 16,701 19,101 Movements in Funds At l April Incoming Outgoing 2023 rcsources resources At 31 March 2024 Restricted funds: Charitable Activites 231,992 254,091 (261,148) 224,935 Total restrictcd funds 231,992 254,091 (261,148) 224,935 Unrestricted funds: General funds 25,355 26,946 (31,402) 20,899 Total unrestricted funds 25,355 26,946 (31,402) 20,899 257,347 281,037 (292,550) 245,834 10. Related party transactlons Therc were no related party transactions during tlie year. ii. Controlling interest Control of the charitable company resls witli the Directors. Page 15
Dunluce Family Centre Limited Company limited by guarantee Notes to the financial statements ror the year ended 31 March 2024 12. Company limited by guarantee Dunluce Family Centre Limited is a company liinited by guarantee and not having a share capital. Page 16