COMPANY REGISTRATION NUMBER: N1060834 CHARITY REGISTRATION NUMBER: NIC105725 Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 KELLY & O'NEILL Chartered accountants 15E Molesworth Street Cookstown Co. Tyrone BT80 8NX
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees, annual report (incorporating the director's report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 19 Notes to the detailed statement of financial activities 21
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2023 The trustees, who are a150 the directors for the purposes of company law, presenl their report and the unaudited financial statements of the charity for the year ended 31 March 2023. Reterence and admlnlstrative detalls Reglster8d charity name Northern Ireland Rural Women's Network (NIRWN) NIC105725 Charity registration number Company reglstratlon number N1060834 Principal office and registered Unit 5 office 20 Sandholes Road Cookstown Co. Tyrone BT80 9AR The trustge5 P Buckley F Kerr A Mcvicker B McElroy M Murphy M Mcsorley L Mooney C Fityjatrick M Byrne (Resigned 7 June 2022) (Appointed 1 October 2023) (Appointed 1 October 2023) (Appointed 1 October 2023) Independent examlner Cathal O'Neill FCA 15E Molesworth Street Cookstown Co. TTone 8T80 8NX
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (ntinU8d) Year ended 31 March 2023 Structure, governance and management The charity is a company limited by guarantee incorporated on 29 January 1997. The company was established by a Memorandum ofAssociation and is governed under rts Articles of Association. The Trustees, vtho are also directors for the purpose of company law, and who served during the year and up to the date of signature of the financial ststements were: P Buckl8y F Kerr A Mcvicker B McElroy (Resigned 7 June 2022) M Murphy M Mcsorley L Mooney (Appointed 1 October 20231 C Fitzpatrick (Appointed 1 October 2023) M Byrne (Appointed 1 October 2023) Objectives and activities The Company is established to promote and support rural women in rural Northern Ireland (the 'area of benefiv,) without distinction ol age, sexuality, nationality, ethnic idenlity, disability, polilical or religious opinion, by associating the statutory authorities. voluntary organisations and other bodies the inhabitants and in particular: (i) To promote the efficiency and effectiveness of rural wcfflen's organisations and projects in the area by providing advice. information, education and training. and practical support to such organi5ations and projects for the benefit of the public. (ill To raise awareness amoNJ the general public and provide representalion to policy makers of the needs and experiences of wral women in the area of benefit. (iii) To promote or assist in promoling cooperation and neiknrking between women's organisalions in the area of benefit for information exchange and policy consultation. (iv) To promote the participation of rural vrnen in decision making amongst public bodies in the area of benefit.
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Trustees, Annual Report {Incorporating the Director's Report) fcontinugd) Year ended 31 March 2023 Achievements and perfonnance The political landscape this year saw our local Executive at Stormont still having difficulties; and the current impacts of Covid-19, rising Income crisis and the outrworkings of Brexit and the Nl Protocol on our membership very real. Our Strategic Plan 2021-2024 has realty supported us to ensure we are delivering to the needs of our membership and future pri)ofing our organisalion. Our work has focussed on supporting our members to have their voices heard and to provide opportunities for members to to engage directly with decision makers to communicate their views and influence change In an ever-changing context. One example of this was our work wilh Rural Community Neork supported by CFNI where we undertook searCh 'Looking Back to Go Forward, lo learn what we could from the LEADER approach and what wa5 Worth taking forward in a new indigenous Rural Framework post EU exit. It aimed to identify what the challenges have been and what needs lo be changed to improve delivery of rural development funding. The report makes recommendalions on how inclusive delivery processes, like participatory budgeting, could increase engagement of rural citizens, promote openness and accountability in decision making and begin to addr8SS the well documented under-representalion of women, young people and other S75 groups as applicants lo, and beneficiaries of rural development funding. NIRWN delivered an innovative pilot programme Women Breaking Batrier5' under the UK govemment Community Renewal Fund with our partners WRDA and Women's Supporl Network. This was a huge inveslmenl of over £300, 000 regionally. This was very su¢¢essful, NIRWN led on delivery of the rural element of the pilot and 48 /0 of parti¢ipalion was rural women with target numbers across the Project exceeded by 640/0. Our Programme delivery on Ihe ground with our membership incr8as8d greatly in 2023 through Women Breaking Barriers and Women's Spaces. This is not as demonstrably evident in our accounts this year as effectNe partn8rship working meant that NIRWN, instead of carrying the financial administralive burden of paying out programming St$ directly to suppliers for costs such as facililation, room hire etc. our lead partners on these programs were invoiced directly. This meant in real lerms that our additional staff resource was directly engaged in supporting women and our membership received all the benefit of the monetary investment in rural women's programming without NIRWN diverting additional staff resource to financial administration. One of the key highlights of our year is International Day of Rural Women in October and it was fantastic lo have our first large event post Coronavirus pandemic and see so many of our membership together in one venue. It is worth noting that whilst it was a day of celebration and joy our theme was 'Reflect, Rebuild and Renew, as our membership had been sharing their p05t covid and cost of living realities with us and this was a day set aside to support them through a difficult time. We launched our new Women's Spaces.. women and peacebuilding project as a Slrategic Partner with the Irish Govemment. Women in Northern Ireland continue to be sidelined in peace building. Wornen are also underrepresented in public life. with very limited increase in women's representation in recent years and women's views rarely included in policy and decision making. Women's Spaces is a three-year project designed to begin changing these long-standing challenges. With our partners Womens Platform, WRDA and WSN. NIRWN will lead on delivery of the rural element of the programme with our new colleague and team member Women's Spaces Coordinator Chamiain Jones. NIRWN Continues to work in partnership within the Women's Regional Consortium for the benefit of
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢ontinuedJ Year ended 31 March 2023 rural women. We continue our partnership work on Raise Your Voice to tackle Sexual Harassment and we continue to seek opportunities to work cdlabjrativety across our islands to ensure that rural women are visible, influential and valued. Our membership has increased by 240A this year which in the context within which we are working is a testament to the relevance of what we are offering members to support them. We thank our funders for Continuing to invest in us and assure you that our work is making a differen to the quality of lrfe for women in rural areas. Trustees would like to thank NIRWN staff who continue to work to improve the lives of rural women. Flnanclal review The company Is a not for profit charitable or9anisation whole purpose is to provide a neutral venue to local community and charitable organisations. The year ended 31 March 2023 has seen a rise In income of 2%. This is due to the great support of our existing funders and establishing several new funders. Programme costs in the year have decreased in comparison to prior years, however the overall activity has increased due to lead partners having direct involvement in key projects. During the year NIRWN mov8d office premises, this had an impact on the repayment of the PAYE liability. management staff are currently in the process of resolving this accrued debt. The Trustees have assessed the major risks to which the charlty is exposed. and are satisfied that systems are in place to mitigate exposure to these. Small company provislons This report has been prepared in accordance 4%rfth the provisions applicable to companies entitled to the small companles exemption. The trustees, annual report was approved on 22 December 2023 and signed on behalf of the board of trustees by.. M Mcsorley Director
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Independent Examiner's Report to the Trustees of Northern Ireland Rural Women's Network (NIRWN) Year ended 31 March 2023 I report lo the trustees on my examination of the financial statements of Northem Ireland Rural Women's NeOrk (NIRWN) ('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 responslble for the preparation of the financial statements in accordance with the requiremants of Charities Act (Northern Ireland) 2008 (the '2008 Act,) and the Companies Act 2006 ('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 ar8 eligible for independent examination, I report in respect of my examination of the charitls financial statem8nts as carried out undar section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Iréland under section 65{9)(b) of the 2008 Acl. Independent examlner's statement I have completed my examination. I confimi that no matters have come to my attention In connection with my examinatlon glvlng me cause to believe thal in any material respect- accounting r8cords were not kept in respect of Ihe charity as required by section 386 of the 2006 Act; or the financial statements do not accord wilh those records; or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ir8land {FRS 1021.
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Independent Examiner's Report to the Trustees of Northern Ireland Rural Women's Network (NIRWN) {conllnued) Year ended 31 March 2023 I confirm that there are no other matters to which your attention should be drawn to enable 8 proper understanding of the accoLtnts to be reached. Cathal O'Neill FCA Independent Examiner 15E Molesworth Street Cookstown Co. Tyrone BT80 8NX 22 December 2023
Northern Ireland Rural Women's Network {NIRWN) Company Limited by Guarantee statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Restricted funds Total funds 2022 Total funds Note Income and endowments Donations and legacies Charitable activities 831 203,289 831 203,289 204,120 199,461 199,461 Total Incom• 204,120 Expendlture Expendilure on charitable activitles Total expendlture 221,120 221,120 221.120 200,545 221,120 200,545 Net expenditure and nel movemenl In funds (17,000) {17,000) (1.084) Roconclllatlon of fund5 Total funds brought forward Total funds ¢arried foNard 18.904 1,904 18,904 1,904 19,988 18,904 The statement of financial acts'vits'es includes all gains and losses recognised in the year. AJI income and expenditure derive from continuing activities. The noles on pages 9 10 17 fomi part of these financlal stalements.
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Note Fixed assets Tangible fixed assets 14 4,631 3,318 Current assets Debtors 15 38.276 26,552 Credltors: amounts falling due within one yoar Net current liabillties Total assets les$ current liabllltles Net assets 16 41,003 (2,727) 1,904 10,966 15.586 18,904 18,904 1.904 Funds of the charity Restricted funds 1,904 18.904 18,904 Total charlty funds 18 1,904 For the year ending 31 March 2023 the charlty was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responslbilities: 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 acknovAedge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial ststements 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 on 22 December 2023. and are signed on behalf of the board by: k'£4_ M Mcsorley Director The notgs on pagès 9 to 17 forni part of these financlal statements.
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General informatlon The charity is a public benefit entity and a private company limited by guarantee, registered in Northem Ireland and a registered charity in Northern Ireland. The address of the registered office is Unit 5, 20 Sandholes Road. Cookstown. Co. Tyrone, BT80 9AR. statement of complianc8 These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Slandard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charitie5 SORP (FRS 102)) and the Companies Act 2006. Accounling policies Basis ol preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of cerlain financial assets and liabilities and investment properties measured at fair value through incorne or expenditure. The financial statements are prepared in sterfing. vthich is the functional currency of the entity. Golng concern At the time of approving the financial stalements, the Trustees have a reasonable expectation that the charity has adequate resources to ¢onlinue in operational existence for the forseeable future. Thus the Trustees conts'nue to adopt the going concern basis of accounting in preparing the financial statements. Disclosure exemptions The Charity has taken advantage of Ihe provisions in the SORP for chariti8s applying FRS102 Updale Bulletin 1 not to prepare a Statement of Cash Flows. Judgements and key sour¢os of estimalion uncertainty In the application of the charivs accounting policies, the Trustees are required to make judgements. estimates and assumptions about Ihe carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimat8S. The eslimates and underlying assumplions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised wehre the revision affects only that period, or in the period of revision and future periods where the revision affects both current and fvbjre periods.
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 Accounling policies (conunuedj Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. D8signaled funds are unrestricted funds earmarked by the trustees for particular future project or cornmitment. 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 hvo sub-ctasses: restricted income funds or endowment funds. Incomlng resources All incomlng resources are included in the statement of financial actlvities when entitlement has passed to the charity,. il is probable that the econornic benefits associated with th8 transaction will flow to the ¢harity and the amounl can be reliably measured. The following specific polici8s are applied to particular categories of income: Income from donations or grants is recognised when there is evidence of entiuemenl to the gift. receipt is probable and ils amount can be measured reliably. legacy Income is rognISed when receipt is probable and entitlement is established. income from donated goixls is measured at the fair value of the goods unless this is impraclical lo measure reliably. in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can b8 reliably measured. No amounts are included for the Contribution of general volunteers. income from contracts for the 5vpply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for Ft to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricled. 10
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 Accounting policies {contlni••dJ 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 dassified under headings of the statement of financial activities to vthich it relates: expendilure 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 inCurd by a charity in undertaking activtties that further its charitable aims for the benefit of its beneficiaries, including those support Costs and costs relating to the govemance of the chaiily 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 a¢livities. AJI costs are allocated to expendlture categories reflecting the use of the resource. Dir8Ct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between Ihe 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 a¢¢umulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequènt accumulated depreciation and subsequent accumulated impaitment losses. 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 r8verses a charge for impairment Ihat has previously been recognised as expenditure within the statement of financial aclivities. 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 wilhin other recognised gains and losses on Ihe statement of financial activities. Dopreclation 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 assel as follows.- Fixtures and fittings 25% duCng balance 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 exisl. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Pwior impaimients a also reviewed for possible reversal at each reporting date. 11
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Financial Statements (continu8dJ Year ended 31 March 2023 Accounting policies [¢ontin(dj Impairment of fixed assets (continued) For the purposes of impairment testing, when it is nol possible lo 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 smallèst identifiable group of assets that includes the asset and generates cash inflows that largely independent of tho cash inflows from other assets or groups of assets. For impairment testing of gootthvill, the goodwill acquired in a business combination Is. from the acquisition dale. allocated to each of the cash%enerating units that are expected to benefit from the synergies of the combination, irrespeclive of whether other assets or liabilities of the charity are assigned to those units. Flnanclal 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 instruments are inilially recognised at the amount receivable or payable including any related transaction costs. Curr8nt assets and current Ilabilities are subsequently measured at Ihe cash or oth8r consideration expected to be paid or received and not discounted. Dèbt instruments are subsequently measured at amortised cost. Wh8re investments in shares are publrcly traded or their fair value can otherwlse be measured reliably, the investment is subsequently measured al fair value with changes in fair value recognised in income and expendilure. All other such investments are subsequently measured al cost less impairment. Other financial instruments, induding derivatives, are inits'ally recognised at fair value. unless payment for an asset is deferred beyond normal business lerms or financed at a rate of interest that is not a market rale, in which case the asset is measurèd at the present value of the future paentS discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured al fair value, with any changes re¢ognised in the statement of financial activities. with the exceplion of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amorlised cost are vieWed for objective evidence of impaimenl al the end of each reporting date. If there is objective evidence of impairment, an impaimient loss is recognised under the appropriate heading in the staternent of financial activities in which the inits.al 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 characterists'cs. 12
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2023 Accounting policies (contsnued) Flnanclal Instruments (contlnu 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 carrying amount would have been had the impairment not previously been recognised. Deflned eontrlbutlon plans Contribulions to defined contribution plans are recognised as an expense in the period in which the relaled service is provided Prepaid contnbutions are recognis8d as an asset to the extent that the prepayTnent 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 Ihe discount is ieGognised as an expense in the period in which it arises. Llmited by guarantee None of the Trustees have any beneficial int8r8St in the company. Al of the Trustees are members of the company and guarantee lo contribute £1 in the 8vent of a winding up. Donations and legacies Reslricled Total Funds Funds 2023 Restricted Total Funds Funds 2022 Donations Donations 831 831 13
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Financial Statements (conliftu8d) Year ended 31 March 2023 Charitable activities Restricted Total Funds Funds 2023 Restricted Total Funds Funds 2022 Facilitation Social Change Initiative Fermanagh Omagh District Council VCD Cosl of Living Grant (DFC) Heritage Funds (RCN) Mid Ulster Council (SEUPB) WICT (DFC) Joseph Rownlree Charitable Trust TWN Office (WRISP) Communtty Renewal Funds (WRDA) At One Wellbeing Developing Heallh Funding (PHA) Magherafell Womens Group Womens Spaces 1,206 3,165 1,206 3,165 250 250 1,500 1,500 500 29,581 500 29.581 1.985 58.130 73,405 34,145 1.985 58.130 73,405 34,145 51,780 68,959 35,041 8,648 4,000 702 51,780 68,959 35,041 8,648 4,000 702 1,000 1.000 28.753 203,289 28.753 203.289 199.461 199.461 Expenditure on charitable actlvitles by fund type Restricted Total Funds Funds 2023 Restricted Total Funds Funds 2022 Support costs 221.120 221,120 200,545 200,545 Expenditure on ¢haritable a¢tivltles by actlvily type Total funds 2023 Total fund 2022 Support costs Activity type 1 Governance costs 219,441 1,679 219,441 1,679 198,960 1,585 221,120 221,120 200,545 Analysls of support CQ5ts Analysis of support costs activity 1 Total 2023 Tolal 2022 Staff costs Premises Finance costs Other costs 159.298 23,433 496 37,893 221.120 159.298 23,433 496 37,893 112,211 56,831 486 31,017 221,120 200,545 14
Northern Ireland Rural Women's Network {NIRWN) Company Limited by Guarantee Notes to the Financial Statements (¢onllnued) Year ended 31 March 2023 10. Net expenditure Net expenditure is stated after chargingl{crediting): 2023 2022 Depreciation of tangible fixed assets 1,106 11. Independent examinatlon fees 2023 2022 Fees payable to the independent examiner for: Independent examination of the financial statements 1,680 1,584 12. Staff costs Thé average head count of employees during the year was 6 (2022.. 5). The average number of full-time equivalent employees during the year is analysed as follows: 2023 2022 Number of staff - Full Time Number of staff - Part Time No employee received employee benefits of more than £60,000 during the year (2022.. Nil). 13. Trustee remuneration and expenses No Remuneration or other benefits from ernpl0ent with the charity or a related entity were reiVed by the trustees, 15
Northern Ireland Rural Women's Network {NIRWN) Company Limited by Guarantee Notes to the Financial Statements (condnued) Year ended 31 March 2023 14. Tangible fixed assets Fixtures and fittings Cost At 1 April 2022 Additions 20,629 2,857 At 31 March 2023 23,486 Depreclation At 1 April 2022 Charge for the year At 31 March 2023 Carrying amount At 31 March 2023 17,311 1,544 18,855 4,631 At 31 March 2022 3,318 15. Debtors 2023 2022 Trade debtors 38,276 26,552 16. Credllors: amounts falllng due wlthin one year 2023 2022 Bank loans and overdrafts Trade creditor5 Accruals and deferred income Soclal security and other taxes 6,629 1,815 4,814 27.745 41,003 478 1,604 2,466 6.418 10,966 17. Penslons and other post retirement benefits Defined contrlbution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £5.857 (2022.. £5,245). 16
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Financlal Statements (Contlnued) Year ended 31 March 2023 18. Analysis of charitable funds Restricted funds At 31 March 202 1 April 2022 Income Expenditure Restricted Fund 1- desc in alcs Restricted Fund 18.904 204,120 (221,120) (221,120) 1,904 18,934 204.120 1,904 At 31 March 202 At 1 April 2021 Income Expenditure Restricted Fund 1- desc in alcs Restricted Fund 250 199,211 199,461 (250) (200,295) {200,545) 19,988 18.904 19,988 18,904 19. Analysis of net assels between funds Restricted Total Funds Funds 2023 Tangible f5xed assets Current assets Creditors less than 1 year Net assets 4.631 38,276 (41,003) 1,904 4,631 38,276 141,003) 1,904 Restricted Total Funds Funds 2022 Tangible fixed assets Current assets Creditors less than 1 year Net assets 3,318 26,552 (10,966) 18,904 3,318 26,552 (10,966) 18,904 17
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Management Information Year ended 31 March 2023 The followlng pagos do not fomi part of the flnanGlal statements. 18
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Income and endowments Donations and legacies Donations 831 Charitable actlvities Facilitation Social Change Initialive Fermanagh Omagh District Council VCD Cost of Living Grant {DFC} Heritage Funds (RCNI Mid Ulster Council (SEUPB) WICT IDFC) Joseph Rowntree Charitable Trust TWN Office {WRISP) Community Renewal Funds (WRDA) At One Wellbeing Developing Health Funding (PHAI Magherafelt Womens Group Womens Spaces 1,206 3,165 250 1.500 500 29,581 1.985 58,130 73.405 34.145 51,780 68,959 35,041 8.648 4,000 702 1,000 28,753 203,289 199,461 Total income 204,120 199,461 19
Northern Ireland Rural Women's Network {NIRWN) Company Limited by Guarantee Detailed Statement of Financial Activities (¢ontlnued) Year ended 31 March 2023 2023 2022 Expenditure Expendilure on charitable activities Wages and salaries Pension costs Other post-relirement benefits Rent Rates and water Light and heat Repairs and maintenan Insurance Other establishment Other motorltravel costs Legal and professional fees Telephone Other Offi costs Deprecialion Interest on bank loans and overdrafts Programme costs Advertising Computer costs Room hlre & conference costs 151.652 5,857 1.789 8,658 275 2.946 2,815 1.051 1.199 6,056 5,774 2.300 5.292 1,544 496 7,688 600 9.528 5,600 221,120 105,015 5,245 1,951 7.625 102 1,792 3,410 1,075 721 2,616 3.804 1.918 6,276 1,106 486 43,220 600 8,218 5,365 200,545 Total expenditure 221,120 200,545 Net expenditure (17,000) (1,084) 20
Northern Ireland Rural Women's Network (NIRWN) Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Expenditure on charltable activities Activity type 1 Support Costs Wages I salaries Pension costs Employers childcare vouchers Rent Rates & water Light & heal Repairs & maintenance Insurance General expenses Travel & subs Legal and professional fees Telephone Printing, postage & slationery Depreciation Bank charges Programme costs Advertising Computer costs Room hire & conference costs 151,652 5,857 1,789 8.658 275 2,946 2.815 1,051 1,199 6.056 4,095 2.300 5,292 1,544 105,015 5,245 1,951 7,625 102 1,792 3,410 1.075 721 2,616 2.219 1.918 6,276 1.106 486 43,220 600 8,218 5,365 198,960 7,688 600 9.528 5,600 219.441 Govamance costs Accountancy fees 1,679 1,585 Expendlture on charitable activities 221,120 200.545 21