COMPANY REGISTRATION NUMBER: N1021018
CHARifY REGISTRATION NUMBER: NIC105735
Housing Rights
Company Limited by Guarantee
Financial Statements
31 March 2023
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Housing Rights
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
Page
Trustees, annual report (incorporating the director's report)
Independent auditor's report to the members
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Statement of cash flows
10
16
17
18
Notes to the financial statements
19
The following pages do not form part of the financial statements
Detailed statement of financial activities
35
Notes to the detailed statement of financial activities
36

Housing Rights
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2023
The trustees, who are also the directors for the purposes of Gompany law, present their report and the
financial statements of the charity for the year ended 31 March 2023.
Reference and administrative detalls
Registered charity name
Housing Rights
Charity registration number
NIC105735
Company registration number N1021018
Princlpal offlce and reglstered 1 st Floor
office
Skainos Centre
239-241 Newtownards Road
Belfast
BT4 1AF
The trustees
G Walsh
N J Fullerton
C McDaid
M A McDonnell
E Millen
U A O'Hare
C O'Neill
F Kelly
D McAnena
J Wilson
K Greene
P Brannigan
P Morgan
P O'callaghan
P Quigley
R Crozier
{Resigned 31 March 2023)
(Appointed 16 June 2022)
(Appolnted 4 April 2023)
(Appointed 4 April 2023)
(Appointed 18 June 2022)
Company secretsry
Janet Wray
Catherine (Kate) Mccauley
(Resigned 31 March 2023)
(Appointed 1 April 2023)
Key Management Personnel
Director
Janel Wray
Catherine (Katè) Mccauley
Head of Services & Support
Peter Mcmahon
Head of Policy & Development Calherine {Kate) Mccauley
Natalie Whelan
{Lefi 31 JI March 20231
(Appointed 151 February 20231
(Resigned 18th July 2023)
{Up to 31al January 2023)
(Appointed 3rd July 2023)
Auditor
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN
Bankers
Bank of Ireland
1 Donegall Square South
Belfast
BT15LR

Housing Rights
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (conllnued)
Year ended 31 March 2023
Sollcltors
Cleaver Fulton Rankin
50 Bedford Street
Belfast
BT2 7FW
Structurei governance and management
Govemlng Document
Housing right is a company limited by guarantee governed by it's Memorandurn and Articles of
Association dated 1st July 2014. Housing Rights is a registered charity with HMRC and the Charity
Commission for Northern Ireland. Housing Rights is a membership organisation with currently 125
members, each ofwhom agrees to contribute £1 in the event of the charity winding up.
Appolntment of trustees
The Chair and the Trustees recruit and select new Trustees as needed. New Trustees are recruited in
line with the Memorandum and Articles of Association having regard to their professional skills, and
Iheir potential to be able to make a helpful contribution lo the governance of the charity. As part of the
recruitment process they are made aware of a Trustees, legal obligations under Charity and company
law, the content of the Mernorandum and Articles of Association. the committee and decision making
processes, the business plan and recent financial performance of the charity.
Trustee induction and tralning
All newly appointed trustees undergo a half-day induction se55i0n which includes meeting with key
management personnel to cover.'- general organisalional background information., Trustees and Board
responsibilities; organisational projects.. operations and policy,. and business support.
Arrangements for setting pay and remuneratlon of key managementpersonnel
The directors consider the board of directors, who are the charity's trustees. and the senior
management team comprise the key management personnel of the charity in charge of direGling and
controlling, running and operating the charity on a day to day basis. All directors give of their time
freely and no director received remuneration in Ihe year.
The pay of the senior staff is reviewed annually and normally increased in accordance with Northem
Ireland Civil Service Pay Awards. In view of the nature of the charity, the directors benchmark
against pay levels in olher similar size charities run on a voluntary basis. The remuneration
bench-mark is the mid-point of the range paid for similar roles adjusted for a weighting of up to 30D/o
for any additional

Housing Rights
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2023
responsibilities.
Organisation structure and how charity makes decisions
The Board, as the governing body. can have up to 15 members. The Board nomally meets bi-monthly
and the Office Bearers, known as the Executive Committee meet the months between Board meetings
to ensure that the Board has everylhing it needs to do its job effectively. The Executive Committeè
will generally review the major issues facing the organisation and make preliminary recommendations
to the full Board at the next meeting on matters, for example, such as business planning., operational
policies and practices: membership applications,. human resources and rernuneration of staff.
A DireotorlCEO is appointed by the trustees to manage the day-to-day operations of the charity. To
facilitate effective operations, the DirectorlCEO has delegated authority, within terms of delegation
approved by the Board. for operational matters including finance, employment and direct charitable
activities.
The Board of Housing Rights has also established an Audit & Risk Committee (ARC), operational from
May 2017, to support Ihem in their responsibilities regarding issues of risk, conlrol, governance,
finance. audit and associated assurance. The ARC has delegated responsibility on behalf of thé
Board for ensuring that there is a framework for accountability.. for examining and reviewing all
systems and methods of control both financial and otherwise including risk analysis and Tisk
management,. and for ensuring the charity is complying with all aspects of the law, relevant regulations
and good practice.
Relatlonshlps with related parties
None of our trustees re￿1ve remuneration or other benefit from their work with the charity.
Risk management
The trustees have a risk management strategy which comprises..
an annual review cf the principal risks and uncertainties that the charity faces;
the establishment of policies. system5 and procedures to mitigate those Tisks identified in the
annual review: and
the implementation of procedures designed to minimise or manage any potential impact on the
charity should these risks materialise.
Oversight of risk and audit are devolved to an Audit and Risk Committee who meet at least quarterly
Key Rlsk
There is an external risk with the Northern Ireland Charities Pension Scheme (now closed) impacting
on the financial liability of Housing Rights to ils pension commitments for that Scheme. The Board
continue to proa¢tively review and explore all options to assess and manage this risk effectively.

Housing Rights
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnu8d)
Year ended 31 March 2023
Objectives and activities
The charity's objectives are to promote the following purposes for the public benefit:
The relief of poverty and the relief of those in need by reason of youth, age, ill health, disability,
financial hardship or other disadvantage-, and in particular to assist those persons with necessilous
circumstances in relation to housing matters., and
Such other exclusively charitable purpose according to the Law of Northern Ireland as the
Directors may from time to time decide.
Housing Rights believes that prevention of homelessness is the best cure. In Northern Ireland we
work tirelessly to help more people to live in secure and affordable homes which will improve lives and
promote well-being. The main strategic priorities of our work currently include..
1) Preventing and alleviating homelessness.,
2) Improving the housing circumstances of people who are in need.,
3) Expanding the reach of our service5 by enhancing our digital offering.
4} Working collaboratively and developing effective partnerships with other agencies to provide the
best outcomes for clients.,
5) Diversifying our funding base and demonstrating value for money;
6) Promoting good practi¢e',
7) Securing positive change where existing lawslpolicy are negatively impacting on those living in poor
or inadequate housing cir¢urnstances-, and
8) Effectively demonstrating the impact of our work.
In shaping our priorities and objectives for the year and planning our activitie5. the trustees have
considered the Charity Commission's guidance on public benefit.
The strategies employed to achieve the charity's aims and objectives are throu9h the provision of
Services. The fallowing describes the main services operational during the reporting year..
A Housing Advice line for members of the public and 5tsfflvolunteers working in frontline
agencies
A public infonnalion website (www.housingadviceni.org)
Advocacy and legal representation work
A Housing Possession Court Duty Scheme (Emergency help at court)
Training on housing, homelessness and related issues
Providing information resources on housing law and practice in Northern Ireland
Client based policy comment
A Community Housing Advice Partnership with generalist advice agencies throughout Nl
A specialist housing advice seNice within the prisons in Nl
A service (Beyond the Gate) for the most vulnerable prisoners immediately after release in
Northern Ireland to help prevent them from becoming homeless and to help thern IQ 5UStain

Housing Rights
Company Llmited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (conflnugdj
Year ended 31 March 2023
accommodation and access key support seNices
Provision of a helpline on behalf of the Department for Communities lo help landlords comply with
their legal requirements and promote good practice in the Private Rented Sector.
A Housing mediation seNice on behalf of the Department for Communities to help resolve
housing disputes in the private rented sector as an alternative to Court.
new and unique specialist housing advocacy and mediation service developed for and
delivered to young people in Nl to help prevent homelessness and sustain accomrnodation:
A Renters, Voice project to support private tenants to build a collective voice and influenc8
change in the Private Rented Sector.

Housing Rights
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (￿ntInued)
Year ended 31 March 2023
Achievements and performance
Significant achievements in the year included:
l. Dealing with 13,517 contacts for advice on housing and homelessness issues across N.1. including
an increase in digital advice provision of 27 /0 to 4,742 Contacts-
2. Preventing 1,398 households from becoming homele5S,'
3. Delivering the cornerstone of Housing Rights digital strategy with launch of Housing Rights brand
new website that went live on 30th March 2023: www.housingrights.org.uk',
4. Over 870,000 pages viewed by visitors to our public information website-
5. Providing advice to 1,764 landlords Iletling agent contacts operating in the private sector lo help
promote statutory compliance and good practice;
6. Delivery of the first housing rnediation service in Nl to halp resolve disputes in the private rented
sector and dealing with 336 referrals during the year.,
7. Development and delivery of a unique specialist housing advccacy and mediation service to 350
young people during the year to help prevent homelessness;
8. Our training service has continued to meel customer need by delivering relevant and new courses
in line with policy and legislative changes. We delivered training in person and re-motely resutting in
increased uptake with 1,086 participants attending during the year.
9. Influencing 15 recommendations and changes to hoLrsing policyllegislation including posl-live
amendments to regulations introduced under the Private Tenancies Act 2022 such as simplification of
language Ihroughout the accompanying Tenancy Information document to ensure it is clear and
accessible. Further changes influenced included changes lo Support for Mortgage Interest rules lo
make this SUPPOrt for homeowners available after 3 months rather than 9 months. In addition. the
Welfare Mitigations Review Independent Advisory Panel recommended the introdu¢tion of an
independent Financial Inclusion Service to pro-vide bespoke advice to people impacted by local
housin9 allowance cuts and include access to a grant scheme.
10. Renters, Voice, supported by Housing Rights continued to be an influential consullee of
pol-iticianslofficials when considering policyllegislalive change in the private iented sector. This
included influencing the renaming of the Tenancy Information Regulations 2023 and ac-companying
document, as well as raising awareness of the impact of the c05t-of-living crisi5 on private renters
through their survey and subsequent media work and conference presen-tations.
The Annual Review document, known as our Impact Report, for the period 2022-2023 will be available
at our Annual General Meeting which will be held prior to 31st March 2024.

Housing Rights
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (cortthiued)
Year ended 31 March 2023
Financial review
Housing Rights is grant aided by the Department for Communities. The organisation also rece￿e$
money fmm other government departments and statutory organisations. Additional income is
generated from sale of services, chaTttable fundraising and other donations.
Housing Rights continues to meet the objects set by the funders. The organisalion reports to funders
directly on its work in tailored annual reports and a150 through a published Annual Review Ilmpact
Report).
Thè movement in reserves and transfers between reserves for the year are shown in the Statement of
Financial Activities on page 16. The balance of unrestricted reserves was £967,028 and the balance of
restricted reserves was £538,786 al 31st March 2023.
Investmentpowers and policy
The trustees, having regard to the liquidity requirements of the charity, have kept available funds in an
Interest bearing deposit account and seek to achieve a rate on deposit which matGhes or exceeds
inflation mèasured by the retail prices index.
Reserves policy and going concem
Resetves are needed to bridge the timing gap between spending and receiving of income and to cover
unplanned events or temporary shortfalls in income should they arise. Holding adequate reserves
safeguards the provision of our services in the event of unexpected significant financial pressures. The
trustees consider that the ideal level of reserves would be at least three months expenditure which for
the year ended 31 March 2023 for Gore funding would be £239,546. In addition an amount of £297.142
would be required to meet statutory redundancy payments in the event they would be required and
provision of £60.000 for unforeseen liabilities. Therefore, overall the target for unreslricled free
reserves is £596,688 of unrestricted reseNes. This policy is reviewed by the Audit and Risk
Commtttee annually.
Unrestricted reseNes freely available lo spend, therefore excluding fixed assets, restricted reserves
and designated reserves amounted to £662,880 which is abpve the target level.

Housing Rights
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (Continued)
Year ended 31 March 2023
Plans for future periods
Our current strategic Plan cover5 the period from April 2018 - March 2023 and a new Plan is currently
being developed. Housing Rights aims, sub]ect to satisfactory funding arrangements, to sustain
current seNices. The organisation also plans to develop new initiatives to meet the growing demand
for assistance from people who are homeless or in housing need in Northsrn Ireland.
The organisation continues to recognise that the volunlarylcommunity sector is in a period of financial
uncertainty with significant public expenditure savings being made within the Nl Executive budget,
Housing Rights intends lo build on its effective relationship with funding bodies and to continue to
dernonstrate that it provides an efficient and effective value for money seNice. We will continue lo
evidence the high level of need for our work and to promote the positive outcome and impa¢l of our
services for people in housing need in Northern Ireland.
Trustees. responsibilities Statement
The trustees, who are also directors for the purposes of company law. 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).
Company law 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 charitable company and the incoming resourGes and
application of resources, including the income and expenditure, for Ihat period.
In preparing these financial statements, the trustees are required to..
select suitable a¢counting policies and then apply them consistently.,
obseNe the methods and principlés in the applicable Charities SORP:
makejudgments and accounting estimates that are reasonable and prudent:
prepare the financial statements on the going concern basis unless il is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the Gharily and enable them to ensure that the financial statements cornply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for Ihe prevention and detection of fraud and other irregularities.

Housing Rights
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) fc¢mlinued)
Year ended 31 March 2023
Auditor
Ea¢h of the persons who Is a trustee at the dale of approval of Ihis report confirms thal..
so far as they are aware, there is no relevanl audit information of which the charily'5 auditor is
unaware., and
they have taken all steps that they ought lo have taken as a trustee to make thamselves aware of
any relevant audit information and to estsblish that the charity's auditor is aware of that
information.
Small company provlslons
This report has been prepared in accordance with the provisions applicable to companies entitled lo
the small companies exemption.
The trustees, annual report was approved on 19 September 2023 and signed on behalf of the board of
trustees by..
R Crozier
Trustee

Housing Rights
Company Limited by Guarantee
Independent Auditor's Report to the Members of Housing Rights
Year ended 31 March 2023
Opinion
We have audited the financial statements of Housing Rights (the 'charily') for the year ended
31 March 2023 which comprise the statement of financial activities (including income and expendf(ure
account). statement of financial position, statement of cash flows and the related notes, including a
summary of significant accoLrnting policies. The financial reporting framework that has been applied in
their preparation is applicable law and United Kingdom A¢counting 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 viéw of the state of the charity's affairs as at 31 March 2023 and of its
incoming resources and application of resources, including ils income and expenditure, for the
year then ended-,
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.,
have been prepared In accordance with the requirements of the Companies Act 2006,
Basis for 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 audilorfs
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK. including the FRC'S Ethical Standard. and the provisions available for small
entities, in the circumstances set out below, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient
and appropriate to provide a basis for our opinion.
In oommon with many other businesse5 ofour size and nature we use our size and nature, we use our
auditors lo prepare and submit returns to the tax authorities and assist with the preparation of the
financial statements.
Conclusions relating to going concem
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 statemen15 is appropriate.
Based on the work we have performed, we have not identified any material uncertainties 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
slatements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described
in the relevant se¢tions of this report.
10

Housing Rights
Company Limited by Guarantee
Independent Auditor's Report to the Members of Housing Rights (continued)
Year ended 31 March 2023
other information
The olher information comprises the information in¢luded in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other inforrnation 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 whethèr the other infomation is materially inconsistent with the
financial statements or our knowledge obtained in the audit or othemise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misslalements, we are
required to determine whether there is a material misstatement in the financial statements or a
material misstatement of the other information. If, based on the work we have perfomied, we conclude
Ihat there is a material rnisstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescrlbed by the Companles Act 2006
In ovr opinion, based on the work undertaken in the course of the audit=
the information given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial statements- and
the trustees, report ha5 been prepared in accordance with applicable legal ￿qUirements.
Matters on which we are required to rèport by exceptlon
In the light of the knowledge and understanding of the charity and its environment oblained 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 Companies Act
2006 requires us to report to you if. in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns,. or
certain disclosures of trustees, remuneration specified by law are not made-, or
we have not received all the information and explanations we require for our audit-, or
the Iru5tees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies, exemptions in preparing the
directors, report and from the requirèment to prepare a strategic report.
11

Housing Rights
Company Limited by Guarantee
Independent Auditor's Report to the Members of Housing Rights (continued)
Year ended 31 March 2023
Responsibillties of trustees
As explained more fully in the trustees, responsibilities statement, the trustees (who are also the
directors for the purposes of Gompany lawl are responsible for the preparation of the financial
statements and for being sat15fied 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 Irustees are responsible for assessing the charity's ability lo
continue as a going concern, disclosing, as applicable, matters related to going concern and usin9 Ihe
going concern basis of accounting unless the trustees either intend to liquidale the charity or to cease
operations, or have no realistic alternative but to do so.
12

Housing Rights
Company Limited by Guarantee
Independent Auditor's Report to the Ivlembers of Housing Rights {contlnued)
Year ended 31 March 2023
Auditor's responslblllties for the audit of the flnanclal statements
Our objecttves are to obtain reasonable assurance about whether the financial staternents as a whole
are free from material misstatement, whether due to fraud or error, and lo issue an auditorfs 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 il
exists. Misstatements can arise from fraud cr error and are consid8red material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of user5 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 delecling
irregularities. including fraud is detailed below:
In identifying and assessing risks of material misstatement in respect of irregularities. including fraud
and non-compliance with laws and regulations, we considered the following..
the nature of the industry and sector. control environment and business performance including the
design of the remuneration policies. key drivers for directors, remuneration, bonus levels and
performance largels..
results of our enquiries of management aboul their own identification and assessment of Ihe risks
of irregularities.,
any matters we identified having obtained and reviewed documentation of their policies and
procedures relating to:
identifying, evaluating and complying with laws and regulations and whether
management were aware of any instances of non-compliance.,
detecting and responding to the risks of fraud and whether management have knowledge
of any actual. suspected or alleged fraud..
the internal controls established to mitigate risks of fraud or non-compliance with laws
and regulations.
the matters discussed among the audit engagement team including significant Component audit
teams and relevant internal specialists, including lax and valuations specialists regarding how and
where fraud might occur in the financial statements and any potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within
the organisation for fraud and identified the greatest potential for fraud. In Common with all audits
under ISAS (UK). we are also requir8d to perform specifi¢ proGedures to respond to Ihe iisk of
management override.
We also obtained an understanding of the legal and regulatory frameworks in operation, focusing on
provisions of Ihose laws and regulations that had a direct effect on the determination of material
amounts and disclosures in the financial statements. The key laws and regulations we GonsideTed in
this context included ongoing compliance with Ihe UK Companies Act and tax legislation.
In addition. we considered provisions of other laws and regulations that do not have a direct effect on
the financial statements but compliance with which may be fundamental for their ability to operate or lo
avoid a rnaterial penalty.
13

Housing Rights
Company Limited by Guarantee
Independent Auditor's Report to the Members of Houslng Rights (conllnuedj
Year ended 31 March 2023
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 lo provide a basis for our opinion. The risk of not
delecling a material misstatement resulting 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 not for the purpose of expressing an
opinion on Ihe effectiveness of the intemal Gontrol.
Evaluate Ihe appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting
and. based on the audit evidence obtained, whether a material uncertainly exists relaled to
events or conditions that may cast Significant doubt on the charity'5 ability to continue as a going
concern. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditorfs 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 obtained
up to the date of our auditorfs report, However, future events or conditions may cause the charity
to cease to continue as a going concem.
Evaluate the overall p￿SentatIOn, slructure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.
14

Housing Rights
Company Limited by Guarantee
Independent Auditor's Report to the Members of Housing Rights (eontinuedj
Year ended 31 March 2023
We communicate with those charged with governance 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 Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state lo the
charity's members those matters we are required to state to thern in an auditor's report and for no
other purpose. To Ihe 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,
orfor the opinions we have formed.
Paul Dolan (Sénior Statutory Auditor}
For and on behalf of
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN
19 September 2023
15

Housing Rights
Company Limited by Guarantee
statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2023
2023
Reslricted
funds Total funds
2022
Unrestricted
funds
Total funds
Notg
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
Investment income
204,800
31,608
67,205
2,528
306,141
204,800
1,961.459
67.205
2,528
2,235,992
116
1,889.463
88,907
600
1,929,851
Total Income
1,929,851
1,979,086
Expenditure
Expenditure on raisin9 funds..
Costs of other trading activities
Expenditure on charitable activities
Total expenditure
(10,250)
19641
{11,214)
16,400)
(441.3371 (1,795,008) (2,236.3451 (1.816,5331
(451,587) (1,795,972) (2,247,559) (1,822,933)
10
Net gainsllosses on pension scherne
12
(11,6401
(11,640)
656
Net lexpenditure)Ilncome
(157,0861
133,879
(23,2071
156,809
Transfers be￿een funds
88.343
(88,343)
Net movement in funds
168,743)
45,536
123,207)
156,809
Re¢onciliation of funds
Total funds brought forward
Total funds ¢arrled forward
1.035,771
493,250
538,786
1,529,021
1,505,814
1.372,212
1,529,021
967,028
The statement of financial activities includes all gain5 and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notss on page5 19 to 33 form part of these flnanclal statemgnts.
16

Housing Rights
Company Limited by Guarantee
statement of Financial Position
31 March 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
Investments
17
18
24.854
113
28,162
113
24,967
28,275
Current assets
Debtors
Cash at bank and in hand
19
226.489
1.430.301
191,729
1,396,947
1,588,676
1.656,790
Creditors: amounts falling due wlthln one year
Net current assets
20
(149,602)
1,507,188
1,532,155
{75,901)
1,512.775
1,541,050
Total assets less current Ilabilities
Creditors: amounts falllng due after more than one year
Nèt assets
21
126,3411
1,505,814
{12.0291
1.529,021
Funds of the charity
Restricted funds
Unrestricted funds
538.786
967,028
493.250
1,035,771
Total charity funds
24 1,505,814
1,529,021
These financial statement5 have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statéments were approved by the board of trustees and authorised for issu6 on 19
September 2023. and are signed on behalf of the board by-
R Crozier
Trustee
The notes on pages 19 to 33 forni part of th9S9 flnanclal statsments.
17

Housing Rights
Company Llmited by Guarantee
Statement of Cash Flows
Year ended 31 March 2023
2023
2022
Cash flows from operating activities
Net {expenditure}lincome
{23,207)
158,809
Adjustments for..
Depreciation of tangible fixed assets
Net gainsllosses on pension scheme
Dividends, interest and rents from investments
Other interest receivable and similar income
Interest payable and similar charges
Accrued expensesl(income)
17,281
11,640
15,072
1656)
(51
1595)
1,608
{17,391)
{2,528)
24,013
Changes in..
Trade and other debtors
Trade and other creditors
(34,7601
64,000
56,439
{35,330)
(300.5411
(181,0291
Cash generated from operations
Interèst paid
Interest received
(1,6081
595
2,528
Net cash froml{used in) operating activities
58,967
1182.0421
Cash flows from investing activities
Dividends, interest and rents from investments
Purchase of tangible assets
Proceeds from sale ol other investments
(13,973)
(11,640)
{25,613)
111,104)
656
Net cash used in investing a¢tivities
110,443)
Net Increasel(decrease) in cash and cash equlvalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
33,354
1,396,947
(192,485)
1.589,432
1,430,301
1,396,947
The notes on pages 19 to 33 fomi part ofthese financial statements.
18

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
General information
The charity is a public benefit entity and a private company limited by guarantee, reglstered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered offi
is 1st Floor, Skainos Centre, 239-241 Newtownards Road, Belfast, BT4 1AF.
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 Stalemenl of
Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (Charities
SORP IFRS 102)) 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 investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no material uncertainties aboul the charity's ability to continue.
Dlsclosure exemptions
The entity satisfies the criteria of being a qualifying enlity as defined in FRS 102. As such,
advantage has been taken of the following disclosure exemptions available under paragraph
1.12 ofFRS 102..
(a) No cash flow statement has been presented for the company.
(b) Disclosures in ￿sPeCt of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assurnptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonnable under the circumstsnces.
19

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 31 March 2023
Accounting policies {continuédJ
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unreslricled 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-Glasses: restricted income funds or
endowment funds.
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 lo the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income-.
income frorn donalions or grants is recognised when Ihere is evidence of entitlement lo the
gift, re¢eipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and 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 sejvlce. This 15 classified as unrestricted funds unless there is a contra¢tual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
20

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
Accounting policies {conlinuedJ
Resources expended
Expenditure is recognised on an accruals basis as a liability is incu￿ed. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates-.
expenditure on raising funds includes the cost5 of all fundraising activities, event5,
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 th8 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 ils expenditure on charitable activities.
All costs are allocated to expenditure Gategaries reflecting Ihe use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tanglble assets
Tangible assets are initially recorded at cost. and subsequently staled at cost less any
accumulated depreciation and impaiment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the dale of revaluation less any subsequent
a¢¢umulated depre¢iation and subsequent accumulated impairrnent 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 reverse5 a chaTge 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, 15 recognised in other reGognised 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 statemenl of financial activities.
Depreclation
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:
Fixtures and fittings
Equipment
200/0 straight line
330/0 Straight line
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair
value. If fair value cannot be reliably measured. assets are measured at cost less irnpairment.
Listed investments are measured at fair value with changes in fair value being recognised in
income or expenditure.
21

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Accounting pollcles (continued)
Investments in associates
Investments in asscciates accounted for in accordance with the cost model are recorded at ctssl
less any accumulated impairment losses.
Investments in associates accounted for in accordance with the fair value model are initially
recorded at the transaction price. At each reporting date, the investments are measured al fair
value, with changes in fair value taken through income or exp8nditure. Where il is impracticable
to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without
regard to whether the distributions are from accumulated profits of the associate arising before or
after the date of acquisition.
Investments in joint vèntures
Investments in jointly controlled entities accounted for in accordance with the Cost model are
recorded at cosl less any accumulated impairment losses.
Investments in jointly controlled entities accounted for in accordance with the fair value model are
initially recorded at the transaction price. At each reporting date. the investments are measured
at fair value, wilh changes in fair value taken through income or expenditure. Where il is
impracticable to measure fair value reliably without undue cost or effort, the cost model will be
adopted.
Dividends and other distributions received frorn the investment are recognised as income without
regard to whether the distributions are from accumulaled profrts of the joint venture arising before
or after the date of acquisition.
Impaimient of flxed assets
A review for indicators of impairment is ¢arried out at each reporting date. with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal al each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
Identifiable group of assets that includes the asset and generates cash inflows that largety
independent of the cash inllows from other assets or groups of assets.
For impairrnent testing of goodwill, the goodwill acquired in a business cembinalion is, from the
acquisition date. allocated lo each of the cash-generaling units that are expected to benelit from
the synergies of the combination, irrespeGlive of whether other assets or liabilities of the charity
are assigned to those units.
22

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2023
Accounting policies (ConUnue￿j
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party lo the
contractual provisions of the instrument.
Basi¢ 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 subsequent5y measured at amortised cost.
Where Investments in shares are publicly traded or their fair value can otherwise be measured
reliably, Ihe investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impaimient.
Other financial instruments, including derivatives, are initially recognisad at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that 15 not a market rate. in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for 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 Ihe reversal does not
result in a carrying amount of the financial a55et that exceeds what the carrying amount would
have 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 reGognised as an asset to the extent
that the prepayment will lead tc a reduction in future payments or a cash refund.
23

Housing Rights
Company Limited by Guarantee
Notes to the Flnancial Statements (continuedj
Year ended 31 March 2023
Accounting pollcies (conllnue
Defined contrlbution plans (contlnued)
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.
Limited by guarantee
Each of the members of the company has guaranteed to contribute to the assets of the company
in the event of the same being wound up to the extent of £1.
Donatlons and legacles
Unr&stricted Total Funds UnreslriGled Total Funds
Funds
2023
Funds
2022
Donations
Donations
204,800
204,800
116
116
Charitable actlvitles
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Department for Communities
Oak Foundation
Northern Ireland Housing Executive
Northern Ireland Prison Service
HPCDS ILSANI)
Legal Services
Other Income
Nationwide Foundation
Community Justice Fund
Dormant Accounts Fund Nl
Henry Smith Charity
OCN Grant
LEF
1,028,383
300,000
329.591
109.361
10,463
1.028.363
300,000
333,575
109.361
10,463
13,343
360
64,339
12,196
35,000
38,700
1.725
14.014
3,984
13,343
360
64,339
12,196
35.000
38,700
1,725
14,014
31,608
1.929.851
1.961,459
24

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (continu8d)
Year ended 31 MarGh 2023
Charltable activities (cunlinvedj
Unrestricled
Funds
Restricted Total Funds
Funds
2022
Department for Communities
Oak Foundation
Northern Ireland Housing Executive
Northern Ireland Pri50n Service
HPCDS {LSANI)
Legal Services
Olher Income
Nationwide Foundation
Community Justice Fund
DomiantAccounts Fund Nl
Henry Smith Charity
OCN Grant
LEF
1,001,262
300,000
366,988
79,061
1,001,262
300,000
366,988
79,061
11,429
3,422
11,429
3,422
52,301
40,000
35.000
52,301
40,000
35,000
54,851
1,834,612
1,889,463
Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Fundraising and events
Sale of Publications
Membership Fees
Training and Events
Conference & Events income
4,327
180
7,400
38.345
16,953
4,327
180
7.400
38,345
16.953
35,658
450
9,380
35,455
7,964
88.907
35,658
450
9,380
35,455
7,964
88,907
67,205
67,205
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Income from listed investments
Deposit Account
2.528
2,528
2,528
2,528
595
595
800
600
Costs of other tradlng actlvltles
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Costs of other trading activities
10,250
964
11,214
25

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements fconilnuedj
Year ended 31 March 2023
Costs of other trading activities fcontinued)
Unrestrictéd
Funds
Restricted Total Funds
Funds
2022
Costs of other trading activities
6,400
6,400
10. Expendlture on charltable actlvlties by activity type
Activities
undertaken
directly Support cost5
Total funds
2023
Total fund
2022
Relieving Povety, Homelessness &
Housing Issues
Governance costs
2,060.532
170,803
5,010
2,231,335
5,010
1,811,059
5,474
1,816,533
2.060,532
175.813
2,236,345
11. Analysis of support costs
Analysis of
support costs Totsl 2023 Total 2022
Staff costs
Premises
Communications and IT
General office
Governance Costs
159,545
6,586
2,932
1,740
5,010
159,545
6,586
2,932
1.740
5.010
192,784
9,074
6,336
2.628
5.474
175,813
175.813
216,496
12. Net gainsllosses on pension scheme
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Gainsl{lossesl on olher investment
assets
(11,640)
{11,640)
656
656
13. Net (expenditure)lincorne
Net {expenditure)lincome is ststed after chargingllcrediting):
2023
2022
Depreciation of tangible fixed assets
17,281
15,072
26

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2023
14. Auditors remuneration
2023
2022
Fees payable for the audit of the financial statements
5,010
5,330
15. Staff costs
The total staff costs and employee benefit5 for the reporting period are analysed as follows:
2023
2022
Wages and salaries
Social security costs
Employer contributions to pension plans
other employee benefits
1,408,240
137,920
87,834
1,713
1,615,707
1,296.294
120,697
47,502
59,678
1,524,171
The average head count of employees during the year was 54 (2022.. 43).
The number of employees whose remuneration for the year fell within Ihe following bands. were.,
2023
2022
£60,000 to £69,999
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for
planning. directing and controlling the activities of the charity. The total compensation paid to key
management per50nrbel for services provided to the charity was £199,066 (2022-£226.6441.
16. Trustee remuneration and expenses
The Charity Trustees were not paid or received any other benefits from employment with the
Charity in the year (2022.. £Nil).
During the year, one Trustee was reimbursed £383 for travel expenses incurred. (2022.. £Nill
27

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 31 March 2023
17. Tangible fixed assets
Fixtures and
fittings
Equipment
Total
Cost
At 1 April 2022
Addition5
30,635
125,300
13,973
155,935
13,973
169,908
At 31 March 2023
30,635
139.273
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
27,570
1,707
29,277
100,203
15,574
127,773
17,281
145,054
115,777
Carrying amount
At 31 Maroh 2023
1,358
23,496
24,854
At 31 March 2022
3.065
25,097
28,162
18. Investments
Llsted
Investments
Cost orvaluation
At 1 Aprll 2022 and 31 March 2023
Impairment
At 1 April 2022 and 31 March 2023
Carrying amount
At 31 March 2023
113
113
At 31 March 2022
113
All investments shown above are held at valuation,
Financlal assets held at fair value
Listed investments are held at market value.
19. Debtors
2023
2022
Trade debtors
Prepayments and accrued income
Other debtors
72,290
17,572
136,627
226,489
39,204
18,663
133,862
191,729
28

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 31 March 2023
20. Creditors: amounts falling due within one year
2023
2022
Trade creditors
Accruals and deferred income
Social security and other taxes
Defined benefit pension deficit
Other creditors
45,989
56,647
45,339
22,076
24,434
25,035
2,672
1,684
75,901
1,627
149,602
21. Creditors: amounts falling due after more than one year
2023
2022
Other creditors
26,341
12,029
22. Deferred income
2023
2022
At 1 April 2022
Amount released to income
Amount deferred in year
At 31 March 2023
300,000
(300,0001
8,200
8,200
23. Pension5 and other post retirement beneflts
Defined contrlbution plans
The amount recognised in income or expenditure as an expense in relation to defined
ccntribulion plans was £67,834 {2022- £47,502).
29

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements fcontthuedj
Year ended 31 March 2023
24. Analysis of charitable funds
Unrestricted funds
Al
1 Apr 2022
Gains and
losses
At31
Mar 2023
Income Expenditure
Transfers
General Funds
Pension
withdrawal
designated Fund
Future
accommodation
designated fund
620,771
306,141
(215,155) 112,270) (11,640)
687,847
415,000
(236.432)
41,432
220,000
59,181
88,343
59,181
967,028
1,035.771
306,141
(451,587)
(11,6401
At
1 Apr2021
Gains and
105ses
A131
Mar2022
Income Expenditure
Transfers
General Funds
Pension
withdrawal
designated Fund
Future
accommodation
designated fund
546,220
144,474
{80,861)
10.282
656
e20,771
360.000
55,000
415,000
906,220
144,474
{8Q,861)
65,282
656 1,035.771
£220,000 has been designated to help enable the Charity fund a complete cessation from the Nl
Char5ties Pension Scheme, and cover any additional liabilities and professional costs associated
with complete withdrawal. £59,181 has been designated to cover the costs of relocating Housing
Rights offices in the future.
Restricted funds
At
1 Apr 2022
Gains and
losses
At31
Mar 2023
Income Expenditure
Transfers
CHAP
Hani
Prisons
Beyond the Gate
HPCDS
Client Hardship
Fund
147.280
37,468
65,671
14.461
27,511
104,286
45,758
205,070
83,838
10,463
{92,838} 111,0111
{40,957)
11,410)
(191,665) (12,759)
180.6251
(4,582)
(18,600)
(9201
147,717
4Q.859
66,317
13.092
18,454
823
(452)
2,000
2,371
30

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 31 March 2023
24. Analysis of charitsble funds fconflnued)
Oak Foundation
Legal Services
Dfc Mediation
Landlord Helpline
BME
Nationwide
Foundation
NIHE Mediation I
YPHAMS
Community
Justice Fund
National
Emergency Trust
Nationwide
Foundation
Wellbeing
Support
National Lottery
Awards for All
Dormant
Accounts Fund Nl
l Digital
New Oak
Foundation
Dfc Digital
Dfc Core
Legal Education
Fund
61,641
35,125
12,246
98,613
50,253
(60.798) {10,021)
(38,183)
(6,374)
89,435
40.821
12,246
11,756
64,339
{35,984)
(6.4691
33,642
3,827
38,700
(19,937) (19,631)
2,959
900
goo
1,848
(1,848)
35,000
35.000 1125,492)
90.000
34,508
37.693
300,000
(214.052) (100,1171
23,524
879,517
(873,960)
(5,557)
14,014
{581)
(1,492)
493,250 1.929.851 {1.795.972) {88.343)
11,941
538,786
At
1 Apr 2021
Gains and
losses
A131
Mar 2022
Income Expenditure
Transfers
CHAP
Hani
Prisons
Beyond the Gate
HPCDS
Client Hardship
Fund
Oak Foundation
Legal Service5
Dfc Medialion
Landlord Helpline
BME
146,454
31,471
47.062
10,913
35,995
104.101
{92,330) {10,9451
50,069
{42,662)
(1,410)
173,806 1148.326)
16,871)
83,454
(77,148)
12,758)
{8,484)
147,280
37,468
65,671
14.461
27,511
1,073
78,218
3.369
36.830
30,842
12,246
(2501
(77,308)
823
(910)
{3.369)
(8,7381
(5,9871
98,613
50,252
(65.064)
(39.982)
81,641
35,125
12,246
31

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements (eonlinued)
Year ended 31 March 2023
24. Analysls of charitable funds fcontlnuedj
Nationwidé
Foundation
NIHE Mediation I
YPHAMS
Community
Justice Fund
National
Emergency Trust
Nationwide
Foundation -
Wellbeing
Support
National Lottery
Awards for All
Dormant
Accounts Fund Nl
l Digltal
New Oak
Foundation
Dfc Digital
Dfc Core
Legal Education
Fund
15,229
52,301
(49,7871
{5,987)
11,756
472
34,619
(26,9521
(4,312}
3,827
900
900
8,806
(4,0561
(4,750)
2.000
12,000)
4,112
(2,264}
1,848
35,000
35,000
300,000 (256,909)
34,622
{34,3141
817,775
(814.236)
(5,398)
(308)
(3,539)
37,693
465.992 1,834.612 {1,742,072} 165.282)
493,250
25. Analysls of net assets between funds
Unrestricted
Funds
Restricted Total Fund5
Funds
2023
Tangible fixed asseis
Investments
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
24,854
113
1,049,079
{80,677)
{26,341)
967,028
24,854
113
607,711
1,656,790
(68,925) (149,602)
126,341 }
1.505,814
538,786
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Tangible fixed asset5
Investments
Currenl assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
28,162
113
1,095,426
(75,901)
(12,029)
1,035,771
28.162
113
1.588,676
(75.9011
{12,029}
1,529,021
493.250
493,250
32

Housing Rights
Company Limited by Guarantee
Notes to the Financial Statements fcontinuedj
Year ended 31 March 2023
26. Financlal instruments
The Charity only has financial assets and financial liabilities af a kind thal qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured al their settlement value.
27. Corporation tax
The Charity's activities fall within the exemptions afforded by the provisions of the Income and
Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
28. Contingent liabilities
During the year, the charity received correspondence from their pension fund adminislralors lo
advise that changes had been made in the past to the benefits provided to members of the
Scheme which may not have been executed as required by the Scheme's documentation. The
pension fund trustees are seeking court direction, likely to be no earlier than 2023, on how to
interpret the rules. If the court directs that some changes were made in a way not permitted by
the Rules then consequently members, benefits would need to be increased, which would give
rise to additional liabilities, of an estimated £140,000 and as50¢iated ¢osls, including legal costs,
of an estimated £12,000.
29. Analysis of changes in net debt
At
At 1 Apr 2022 Cash flows 31 Mar 2023
Cash at bank and in hand
1,396,947
33,354
1,430,301
30. Related parties
There were no related party transactions In the financial year ended 31 March 2023 {2022'.
None).
33

Housing Rights
Company Limited by Guarantee
Management Information
Year ended 31 March 2023
The following pages do not form part of the flnanclal statements.

Housing Rights
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2023
2023
2022
Income and endowments
Donations and legacles
Donations
204,800
116
Charitable activities
Department for Communities
Oak Foundation
Northern Ireland Housing Executive
Northern Ireland Prison Service
HPCDS {LSANI)
Legal Services
other Income
Nationwide Foundation
Community Justice Fund
Dormant Accounts Fund Nl
Henry Smith Charity
OCN Grant
LEF
1,028,383
300,000
333,575
109,361
10,463
13,343
360
64,339
12,196
35,000
38,700
1,725
14,014
1,961,459
1,001,262
300.000
366,988
79,061
11,429
3,422
52,301
40,000
35,000
1.889,463
Other trading activities
Fundraising and events
Sale of Publications
Membership Fees
Training and Events
Conference & Events income
4.327
180
7.400
38,345
16.953
35,858
450
9.380
35,455
7,964
88,907
67,205
Investment income
Income from listed inveslments
Deposit Account
2,528
595
2,528
600
Total income
2,235,992
1,979,086
35

Housing Rights
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2023
2023
2022
Costs of other trading a¢tivitles
Costs of other trading activities
Fundraising Expenses
Conference Expenditure
Bank Charges
OCN Fees
User Training Expenses
255
5,609
303
4,338
709
808
519
336
4,537
200
11,214
6,400
Costs of other trading activities
11,214
6,400
36

Housing Rights
Company Limited by Guarantee
Notes to the Detailed Statement of Flnancial Activities (continuedj
Year ended 31 March 2023
2023
2022
Expenditure on charitable activities
Relieving Poverty, Homelessness & Housing Issues
Activities undertaken dlrectly
Wageslsalaries
Employerfs NIC
Pension Costs
Redundancy Ccsts
Rent
Light & Heat
Repairs & Maintenance
Insurance
Travel Costs
Legal & Professional Fees
Telephone Costs
Other Office Costs
Depreciation
Pension interest
Pension scheme expenses
Client Support (Hardship Fund)
Recruitment Costs
User Forums
Hospitality & Advertising
Bad debt
Subscriptionslmemberships
Staff training
Hospitality
PR IAdvertising
Temporary staff
Client Charitable Grants - expenditure
Pension scheme withdrawal
1,271,746
122,272
60,432
1,713
65,227
26.608
1,589
9,556
10.593
50,920
16.700
86,939
16,244
1,124,988
105,182
41,540
59,678
74,367
9,380
327
6,988
3.447
45,414
11,934
45,758
13,716
166
1,442
250
4,960
3,204
220
452
28,638
2,051
2,845
2,145
9,178
32,650
545
4,533
4,930
22,569
742
5,391
13.444
533
236,423
2.060,532
1,600,037
Support costs
Wageslsalaries
Employeff5 NIC
Pension costs
Rent
Light & Heat
Repairs & Maintenance
Insurance
Telephone Costs
Other Office Costs
Depreciation
136,494
15.648
7,402
4,1e3
1,698
115
610
1,066
2,570
1.037
170.803
171,306
15,515
5,962
7,367
928
38
742
1,298
6.510
1,356
211,022
37

Housing Rights
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (contlnuedj
Year ended 31 March 2023
2023
2022
Governance costs
Governance costs - audit fees
5.010
5,474
Expenditure on charitable activities
2,238,345
1,816,533
Net gainsllosses on penslon scheme
Gainsl{losses) on other investment assets
{11,640}
e56
Net lexpenditurellincome
{23,207)
156,809
38