CHARITY R Minority Ethnic Support Armagh Financial Statements 31 March 2025 BUSINESS ACCOUNTS SERVICES Chartered accountants & statutory auditor 11 Abbey Street Armagh BT61 7DX
Minority Ethnic Support Armagh Financial Statements Year ended 31 March 2025 Page Trustees, annual report Independent auditor's r&pLirt to the members state.ment of financial activities Statement of iinancial position Notes (o tk.e fip.ancial statemar: 10
Minority Ethnic Support Armagh Trustees. Annual Report Year ended 31 March 2025 The trustees prasent their report and thè financial statements of Ihe charity for the year ended 31 March 2025. Reference and administrative details Registered charity name Minority Ethnic Support Armagh Charity registration number NIC105287 Principal offlce 16 Russell Street Arrnagh BT619AA The trustees Mr Maughan Mr Fearon Mr Cawley Management committee Peter Wilkinson - Chairperson. Anthony Fearon Treasurer, Seamus Maughan - Vice chairperson. Miroslava Razhdanova - Secretary Advisory committee Brendan Thompson PSNI Alix Matthews PSNI. Carleen Largey Psychologist, Nicola Veale Education. Fidelma Mccoy Manager, Graham Veale Education. Auditor -Business Accounts Services Chartered accountants & statutory auditor 11 Abbey Street Armagh BT617DX Bankers First Trust 18-20 Scotch Street Dungannon BT70 1AZ
Minority Ethnic Support Armagh Trustees. Annual Report (contlnuedj Year ended 31 March 2025 structurep governance and management Objectives and activltl88 Mission Statement Armagh Roma Traveller Support mission is to work in partnership with the Irish Traveller, Bulgarian Roma communities and other stakeholders to preserve, promote and develop Traveller and Roma cullure and identity. Vision Working together to improve equal access to all services to empower Irish Traveller and Bulgarian Roma to live full and fruitful lives while preserving their culture. Values Respect: That all partners have the right to be treated with dignity and respect, and to have their voices heard. Social Justice.. To live in a society free from discrimination and to tackle it when it is identified. Participation- Nothing about Irish Traveller and Roma without Irish Traveller and Roma. Empowerment.- To support Irish Traveller and Bulgarian Roma to build their confidence in order to have a sense of belonging in the wider community and integrate effectively in to the wider society if they Choose to. Teamwork:Working together to achieve common goals Achievements and performance See M.E.S.A Annual Report for d8tails of our work for this financial year. all KPI'S and outcomes for our funders were achieved in full. Financial review Minority Ethnic Support Armagh opened their account with £54K 1st of April 2024 and closed the account with accounts with £51K on 31st of March 2025. Trustees, responsibilities statement The trustees are responsible for preparing the trustees, report and the financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Northern Ireland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period.
Minority Ethnic Support Armagh Trustees. Annual Reporl (Gontlnued) Year ended 31 March 2025 In preparing these financial stalements. the trustees are required to= select suitable accounting policies and then apply them consistently., observe the methods and principles In the applicable Charities SORP., make judgments and accounting estimates that ar8 reasonable and pwdent. state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the c,*arity ivill co,Itinue in business. The trustees are respgnsible for keoping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy al any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees. annual report was approved on 20 January 2026 and signed on behalf of the board of trustees by: Silua Kucheua Trustee Anne Marie McLaughlin Trustee
Minority Ethnic Support Armagh Independent Auditor's Report to the Members of Minority Ethnic Support Armagh Year ended 31 March 2025 Opinion W8 have audited th& financial statements of Minority Ethnic SLtpport Armagh (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities. statement of financial position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charlty's affairs as at 31 March 2025 and of its incoming rasources and application of resources, including ils income and expenditure, for the year then ended; have been prop8rly prepared in accordance with Unitèd Kingdom Generally Accepted Accounting Practice., have been prepared in accordance with the requirements of the Charities Act (Northern Ireland) 2008. Basis tor opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of th8 charity in accordance with the ethical requirements that are relevant to our audit of Ihe financial Statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidenGe we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on tha work we have performed. we have not identified any material uncertainlies relating to events or conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of Ihis report.
Minority Ethnic Support Armagh Independent Auditor's Report to the Members of Minority Ethnic Support Armagh (conllnuodj Year ended 31 March 2025 Other informatlon The other information comprises the informalion included in the annual report, other than the financial statements and our auditor's report Ihereon. The trustees are responsible for the other information. Our opinion on the financial statemenls does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the rinancial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent malerial misstatements, we are required to determine whether there is a material misstatement in the finanGial statements or a malerial mi5 tatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other ir.formalion, we are required to report that fact. We have nothing to report in this regard. Malters on whlch we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Charities Act (Northern Ireland) 2008 requires us to report to you if. in our opinion: the information given in the trustees, report is inconsistent in any material respect with the financial ststements. or adequate accounting records have not been kept: or the financial statements are not in agreement with the accounting records and retums,. or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounfing unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do 50.
Minority Ethnic Support Armagh Independent Auditor's Report to the Members of Minority Ethnic Support Armagh (eondnuedj Year ended 31 MarGh 2025 Auditor's re5ponsibilitie5 for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditor's 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 misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expecled to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The. extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. We obtained an understanding of the legal and regulatory frameworks that are applicable to the Group. We understood how the Group is cornplying with those frameworks by making enquiries of the Trustees and those responsible for legal and compliance procedures. Our procedures where designed to identify non-compliance with such laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Councils website. This description forms part of our auditors report. As part of an audit in accordance with ISAS {UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement rèsulting from fraud is higher than for one resulting from error, as fraud may involve collusion. forgery. intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but nol for the purpose of gxpressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures imade by the trustees. Conclude on the appropriateness of the trustees, use of Ihe going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If wp concludè that a material uncertainty exists. we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence oblained up to the date of our auditor's'feport. However. future evenls or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation. structure and content of the financial statements. including the disc105ures, and whether the financial statements represent the undeHying transactions and events ID a manner that achieves fair presentation.
Minority Ethnic Support Armagh Independent Auditor's Report to the Members of Minority Ethnic Support Armagh (contlnued) Year ended 31 March 2025 We communicate with those charged with govemance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significanl deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charity's members, as a body, in accordance with section 65 of the Charities Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might state to the charity's members those matlers we are required to state to them in an auditorfs report and for no olher purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. Business Accounts Servicés Chartered accountants & statutory auditor 11 Abbey Street Armagh BT61 7DX 20 January 2026
Minority Ethnic Support Armagh Statement of Financial Activities Year ended 31 March 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Note Income and endowments Charitsble activities 29,000 176.929 176.929 205,929 205,929 193,113 Total Income 29.000 193,113 Expenditure Expenditure on charitable activities Total expenditure 29,000 29,000 184,626 213.626 213,807 184,626 213,626 213,807 Net expenditure and net movement lil funds (7,697) 17,697) {20,694) Reconciliation of funds Total funds brought forward Total funds carried forward 41,934 15.942 57,876 78,570 41,934 8,245 50.179 57,876 The statement of financial activities includes all gains and losses recognised in the year. All income and expendibjre derive from continuing activities. The notes on pag95 10 to 17 form part of th959 financlal statements.
Minority Ethnic Support Armagh Statement of Financial Position 31 March 2025 2025 2024 Notg Flxed assets Tangible fixed assets 9.142 9,142 Current assets Cash at bank and in hand 51,160 54,240 Creditors: amounts falling due within one year Net current assets 10 10,123 41,037 50,179 5.506 48,734 Total assets less current liabilltles 57,876 Funds of the charity Restricted funds Unrestricted funds 8.245 41,934 15.942 41,934 Total charlty funds 12 50,179 57,876 These financial statements were approved by the board of trustèes and authorised for issue on 20 January 2026. and are signed on behalf of the board by: Sllua Kucheua Trustee Anne Marie McLaughlin Truslee The notes on pages 10 to 17 form part of these flnancial statérnents.
Minority Ethnic Support Armagh Notes to the Financial Statements Year ended 31 March 2025 General infomiation The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principal office is 16 Russell Street. Armagh. BT61 9AA. Statement of compllance 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 Slalement 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 1021) and the Charities Act (Northern Ireland) 2008. Accounting pollcies Basis of preparatlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investmenl properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional ourrency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Disclosure exemptions The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: No cash flow statement has been presented for Ihe company. Judgements and key sources of estimation uncertainty are based on experiencè and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 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 unrestrict8d 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. 10
Minority Ethnic Support Armagh Notes to the Financial Statements (conllnued) Year ended 31 March 2025 Accounting policles (eontlnugd) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity 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 enlillement to th8 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 valu8 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 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 relat6s= expenditure on raising funds includes the costs of all fundraising aGtivities. 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 part of its expendtture 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 beeen the activities they. conlribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible. assets are initially recorded at cost, and subsequently ststed 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. 11
Minority Ethnic Support Armagh Notes to the Financial Statements (contlnued) Year ended 31 March 2025 Accounting policies fcontlnued) Tangible assets (conunued) An increase in the carrying amount of an asset as a result of a revalualion, is recognised in oth6r recognised gains and losses. unless it reverses a charge for impairment that has previously been recognised a5 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 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. Impairmenl of fixed assets A review for indicators of impairment 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 assel 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-generaling 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 of assets. For impairment testing of goodwill. the goodwill acquired in a business combination is, from the a¢quisilion date, allocated lo 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. Basi¢ financial instrumenls 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 investrnent is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured al cost less impairment. Other financial instruments. including d8rivatives, are initially recognised at fair value, unless payment for an ass8t 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 8t a market rate of interest for a similar debl instrument. Other financial inslrum&nts 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. 12
Minority Ethnic Support Armagh Notes to the Financial Statements (contlnued) Year ended 31 March 2025 Accounting policies fcontlnued) Financial instruments (continued) Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reportLing 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 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 extenl that th8 reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would hav8 been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. 13
Minority Ethnic Support Armagh Notes to the Financial Statements (contlnued) Year ended 31 March 2025 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2025 CTSC Barclays Grant SH & SC Trust PHA Birmingham City Funding Developing Healthy Clear Small Grant Cooperative Ireland Minority Ethnic Development Fund The Tudor Trust Main Grants Halifax Foundation ACB & CB Council Gen Migrant Centre Nl Moving for Change National Heritag8 Funding Simply Fruit Donation Ark Housing Association Funding Clear Fund NIHE Funding Community Foundation Grant Dept of JustlC8 Funding 4,977 900 27,979 1,660 997 2.200 46.160 4,977 900 27,979 1,660 997 2,200 46,160 29,000 25,261 5,000 5,353 20,300 19.174 29.000 25,261 5,000 5,353 20,300 19,174 6,076 6,076 1,260 5.040 4.592 1,260 5,040 4,592 29,000 176.929 205,929 Unrestricted Funds Restricted Total Funds Funds 2024 CTSC Barclays Grant SH & SC Trust PHA Birmingham City Funding Developing Healthy Clear Small Grant Cooperative Ireland Minority Ethnic Development Fund The Tudor Trust Main Grants Halifax Foundation ACB & CB Council Gen Migrant Centre Nl Moving for Change National Heritage Funding Simply Fruit Donation Ark Housing Association Funding Clear Fund NIHE Funding Community Foundation Granl Dept of Justice Funding 5,675 5,675 24.578 10.640 35,218 42,639 42,639 29,000 34,362 9.412 29,000 34,362 9,412 20.420 9.975 20,420 9,975 500 912 5,000 500 912 5,000 54,990 138,123 193,113 14
Minority Ethnic Support Armagh Notes to the Financial Statements (eontlnuedj Year ended 31 March 2025 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2025 Activity type 1 29.000 184,626 213,626 Unrestricted Funds Restricted Total Funds Funds 2024 Activity type 1 54,990 158.817 213,807 Expendlture on charitable activities by activity type Activities undertaken Total funds directly 2025 Total fund 2024 Activity type 1 213,626 213.626 213,807 staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2025 2024 Wages and salaries Employer contributions lo pension plans 176,019 400 168,338 176,419 168,338 The average head count of employees during the year was 4 (2024: 4). No employee received employee benefits of more than £60,000 during the year (2024- Nil). Trustee remuneration and expenses Ther8 was no remuneration received by a trustee during the year ended 31 March 2025. 15
Minority Ethnic Support Armagh Notes to the Financial Statements (contlnued) Year ended 31 March 2025 Tanglble fixed assets Fixtures and fittings Cost At 1 April 2024 and 31 March 2025 Depreciation At 1 April 2024 and 31 March 2025 Carrying amount At 31 March 2025 9,142 9,142 At 31 March 2024 9,142 10. Creditors: amounts falling due wlthln one year 2025 2024 Bank loans and overdrafts Social security and other taxes 399 9.724 127 5.379 10.123 5.506 11. Pensions and other post retirement benefits Deflnèd contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £400 (2024.. £Nil). 12. Analysis of charitable funds Unrestricted funds At 31 March 20 25 At 1 April 2024 Income Expenditure General funds 41,934 29.000 (29,000) 41,934 At 31 March 20 24 At 1 April 2023 Income Expenditure General funds 41,934 54,990 (54,990) 41,934 16
Minority Ethnic Support Armagh Notes to the Financial Statements (eontlnued) Year ended 31 March 2025 12. Analysi5 of charitable funds (eontlnued) Restricted funds At 31 March 20 25 At 1 April 2024 Income Expenditure Restricted Fund 1- desc in al¢s 15,942 176,929 (184,626) 8,245 At 31 March 20 24 At 1 April 2023 Income Expenditure Restricted Fund 1- desc in alcs 36.636 138.123 (158,817) 15.942 13. Analysis of net assèts between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assots 9,142 9,142 51,160 110,123) 50,179 51,160 (10.123) (981) 51,160 Unrestricted Funds Restricted Tota5 Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 9,142 9,142 54,240 15.5061 57,876 54,240 (5,506) 3.636 54,240 17