FIRST HOUSING AID & SUPPORT SERVICES LTD
STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Current financial year
UnresfJicted Restricted
funds
funds
2023
2023
Tolal
Total
2023
2022
Income from:
Donations and legaaes
Charitable activities
29,992
15,167
45.159
109.902
1A22.534 3.697,622 5.120.156 4.545.748
Total income
1.452,526 3,712.789 5.165,315 4,655,650
enditure on".
Charitable activities
1,428.1n 3,641.483 5.069,656 4,672.568
Net incomingl(outgoing) resources before
transfers
24.353
71,306
95.659
(16.918)
Gross transfers between funds
17
222.668
(222,668)
Net incomel{expenditure) for the yearf
Net movement in funds
247,021
{151.362)
95.659
(16.918)
Fund balances at 1 Aprll 2022
210,811
782,804
993,615
1.010.533
Fund balances at 31 March 2023
457.832
631,442
1,089,274
993.615
The statem8nt of financial activities indudes all gains and losses recognised in the year.
JI income and expendibjre derive from continuing acbvitses.
The statement of finanrAal acbvitses also complies wilh the requirements for an income and expendi￿re account
under the Companies Act 2006.
15-

FIRST HOUSING AID & SUPPORT SERVICES LTD
STATEMENT OF FINANCIALACTMTIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Prior financial year
Total
funds
2022
funds
2022
2022
Income from:
Donations and legacies
Charitable act¢vities
20.364
89.538
109.902
1.067.166 3,478,582 4545.748
Total income
1.087.530
3,568,120 4.655,650
enditure on:
Charitable activities
1277.621
3,394.947 4.672,568
Net incomingl(outgoing} resources before transfers
{190.091)
173,173
(16.918)
Gross transfers between funds
171.406
(171.406)
Net Incomel(expenditure) for the yearl
Net movement in funds
(18.685)
1,767
{16,918)
Fund balances at 1 April 2021
229A96
781,037 1.010.533
Fund balances at 31 March 2022
210.811
782,804
993,615
The statement of financial acbvibes indudes all gains and losses recognised in the year.
Al income and expenditure derive from continuing activitses.
The statement of financial aclivtbes also complies with the requirements for an income and expenditure account
under the CompaniesAd 2006.
16-

FIRST HOUSING AID & SUPPORT SERVICES LTD
BALANCE SHEEr
ASAf31 MARCH 2023
2023
2022
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
11
101,687
137.513
12
181261
949,262
175,057
880,909
1.130.523
1.055.966
Creditors: amounts falling due within
one year
13
(141936)
(199.864)
Net Cu￿nt assets
987.587
856,102
Total assets less current liabilities
1.089274
993.615
Income funds
Restricted funds
Unrestricted funds
15
631,442
457,832
782.804
210.811
1.089.274
993.615
These financial statements have been prepared in accordance with the provisrons applicable to companies subject
to the small companies regime.
The financtal statements were app￿ed by the Trustees on 9 November 2023
Phil Mahon
Trustee
hairperson)
Slephen Connolty
Trustee
Company Registration No. N1031975
17-

FIRST HOUSING AID & SUPPORT SERVICES LTD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Cash Ilows from operating activities
Cash generated from operations
21
620
59.113
Investing activities
Purchase of tangible fixed assets
(16,26n
(76.425)
Net cash used in investing activities
{1626n
176,425)
Net cash used in financing activitses
Net increasel(decrease) in cash and cash
equivalents
68.353
(17.312)
Cash and cash equivaIents at beginning of year
880.909
898,221
Cash and cash equivalents at end of year
949.262
880,909
18-

FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
Charity inforniation
First Housing Aid & Support Services Ltd is a private Ix)mpany limited by guarantee incorporated in Nothem
Ireiand. The registered office is 23 Bishop StreeL Dery-Londondefry. BT48 6PFi
1.1 Accounting conventlon
The financial sL3tements have been prepared in accordance viith the charitys goveming do(JJment. the
Companies Acl 2006. FRS 102 Yhe Financial Reporttng Stsndard applicable in the UK and Republic of
Ireland. ('FRS 102") and the Charities SORP "Accounting and Reporting by Chartties: Ststement of
Recommended Practice applicable to tharities preparing their accounts in accordance with the Finanaal
Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). The
cha17ty is a Public Benefft Entity as defined by FRS 102.
The financial statements are prepared in sterfing. whid) is the funrtional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest L
The financial statsments have been prepared under the historical cost ￿nVention. The prinapal ac(xJunting
poliaes adopted are set oui below.
1.2 Going concern
At the time of approving the finanaal statements. the Trustees have a reasonable expectation that the charity
has adequate resourtss to continue in operational ￿StenCe for the foreseeable future. Thus the Trustees
continue to adopt the going cOn￿M basis of aco)unting in p￿paring the finan￿al ststements.
1.3 Charitable funds
Unrestricted funds are av811 able for use at the discretion of the Trustees in furtherance of their charrtable
objectives.
Restrrcted fvnds are subject to speufic conditions by donors as to hi)w they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial ststements.
1.4 Income
Incorne is recognised when the charity ts legally entitled to it afler any perf0rrnan￿ conditions have been mel
the amounts can be measured reliably. and it is probable that in￿rne will be received.
Cash donattons are recognised on r￿lpL Other donations are re(x)gnised once the charity has been nottfied
of the donation. unless perfomance condibons require deferral of the amounL Income tax r8coverable in
relation to donation5 received under Gift Aid or deeds of covenarrt is recognised at the time of the donation.
1.5 Expenditure
Expenditure is recognised once there is a legal or ¢x)nstructive obligation to make a payment to a third party. It
is probable that setuement will be required and the amount of the obligation be measured reliably.
Expenditure on tharitable acbvibes indudes the (wts of services undertaken to fvrther the purposes of the
charity and their assoLiated support costs.
Irrecoverable VAT is charged as a cost against the acbvity for which the expenditure Ivas incurred.
Support costs are those fundions that assist the work of the charity but do not directly undertake charttable
activities. Support costs indude back office costs. finance, personnel, payroll and governan￿ costs which
support the charitys programmes and activtbes. The base5 on vthith support costs have been alocated are
set out in note 6.
19-

FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounttng policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initsally measured at ojst and subsequenty measured at ￿$t or valuation. net of
depreciation and any imparment losses.
Depreciation is recognised so as to Wfite off the cost or valuation of assets less their residual values over their
useful lÈves on the following bases:
AC￿modation fvmiture and equipment
Office equipment
Motor vehides
20% straight line p.a.
20% strdight line p.
20% straight line p.
The gain or loss arising on the disposal of an asset is determined as the difference be￿n Ihe sale proceeds
and the value of the asseL and is recognised in the statement of financial actrvibes.
1.7 Impalrrnent of fixed assets
At each reporting end date. the tharity reviews Ihe carrying amounts of ts tangible assets to detemine
whether there is any indicatton that those assets hwle suffered an impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to detemiine the extent of the impairment
loss (rf any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude ￿sh in harmd and bank overdfafts. Bank overdrnfts are shown within
borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to appty the prowsions of Section 11 'Basic Financial Instruments. and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitys balance sheet when the charity becomes party to the
contractual provisions of the in5trumenL
Financial assets and liabilities are offseL with the net amounts presented in the financial statements. when
there is a legally enforceable right to set off the recognised amounts and there is an intsntion to settle on a net
basis or to realise the asset and setue the liability simultaneously.
Basic financial assets
Basic financial assets, which indude debtors and cash and bank balances. are initsally measured at
transaction price induding transaction costs and are subsequenty c2rried at amorbsed cost using the effective
interest method unless the arrangement conslitijtes a financing trdnsaclion, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interesL Financial asseLs
dassffied as receivable within one year are not amortised.

FIRST HOUSINGAID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
(Continued)
Basic financial liabilities
Basic finanaal liabiltlies, including creditors and bank loans are initialty recognised at transaction price unless
the arrangement constitutes a financing transaction. where the debt instrument is measured at the present
value of the fijture payments discounted at a market rate of interesL Financial liabilitses dassffied as payable
wtthin one year are not amorti￿.
Debt instnjments are subsequenty Carri￿ at amortised cosL using Ihe effective interest rate method.
Trade Creditors are obligations to pay for goods or Se￿1￿ that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities rf payment is due within one
year or less. If no( they are presented as non-cAJrrent liabilittes. Trade creditors are recognised initialty at
transaction price and subsequenliy measured at amortised cost using the effecttve interest method.
Derecognition of financlal liabilities
Financial liabilites are derecognised when the charit5ls ojntradual obligations expire or are discharged or
cancelled.
1.10 Taxation
The company is a char5ty and is recognised as such by HM Revenue & Customs under the tharity tax
reference XR19886. As a resul( there is no liabilty to taxation on any of in(x)me.
1.11 Employee benefits
The cost of any unused holiday entttlefflent is recognised in the period in whtth the employee's services are
received.
Temiination benefits are recognised immediatety as an expense vthen the tharity is demonstrabty committed
to terminate the employment of an employee orto provide termination benefits.
1.12 Retirement benefits
Payments to defined contrrbution reliremenl benefft schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the chartvs accounting polioes. the Trustees a￿ required to make judgements,
estimates and assumptions about the carytng amount of assets and liabilites 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 estimates.
The estirnates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in vthith the estimate is revised where the revision affects only that
pertod. or in the period of the revision and future periods where the revision affects both current and future
periods.
-21-

FIRST HOUSINGAID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Donations and legacies
Unrestricted Restricted
funds
fvnds
Total Unrestricted Resthcted
funds
fvnds
Totsl
2023
2023
2023
2022
2022
2022
Donations and gifts
29.992
15,167
45.159
20.364
89.538
109,902
Donations and gifts
HMRC CJRS
Department of Health -
Special Recognition
Award
2.829
2.829
15.167
15.167
29.992
86.709
86.709
20.364
29.992
20.364
29,992
15.167
45.159
20.364
B9.538
109,902

FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Charitable activittes
2023
2022
Landlord management fee inc4)me
Hostel se￿[￿ income
Grant fvnding
Rent re￿1vable
Other income
74.869
76.838
52.908
57.124
3,682.122 3.487,517
1,273,564
903.569
36,693
20,700
5,120,156 4,545,748
Analysis by fund
Unrestricted funds
Restricted funds
1,422,534 1.067.166
3,697.622 3.478.582
5,120,156 4.545,748
Performance related grants
NIHE Supporting People
NIHE Dispersed Outreach Pr(yJramme
WHSCT
Oak Foundation
Public Health Agenry- De Paul
NIHE Sustaining Tenan(aes
NIHE Homeless Prevention Funding
Other
2,868,362 2,660,902
210,500
209,132
442,760
427.446
94.293
112.410
23.203
21,000
15.659
27.345
56,627
3.682,122 3,487.517
-23-

FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Charitable activities
2023
2022
Staff costs
Depreciation and impainnent
Accommodation rent and rates
Accommodation heat. light and power
Travelling and subsisten
Premises security
Maintenance costs
Food budget
3,450,333 3,117,715
52,093
58,539
613,525
610.798
126,788
80.214
51.559
28.297
49,490
44.275
41.414
39.852
21.233
21.165
E 11
Accommodation purchases
Programme costs
IT support
Printing. postage and stationery
Staff training
Telephone
Advertising and recruitment
other costs
10.907
14.923
8.297
2,403
8,059
51,532
9,208
8,665
2,054
32,991
4,404
26,123
26.923
3.718
39.701
4516.556 4.143.891
Share of support costs (see note 6)
Share of govemance costs (see note 6)
526.185
26.915
496.817
31,860
5.069,656 4,672.568
Analysis by fund
Unrestricted funds
Restricted funds
1.428,173 1,277.621
3,641,483 3,394.947
5,069,656 4,672.568
-24-

FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Support costs
Support Governance
easts
2023
Support Governance
2022
Staff costs
Other support staff costs
Central premises costs
Central office costs
IT support
Bank charges
396.675
8.915
75,662
8.502
28,322
1996
5.113
396,675
8,915
75,662
8.502
28,322
2,996
5,113
366.806
13.345
65.828
9,609
33.601
3.692
3.936
366,806
13,345
65,828
9,609
33.601
3.692
3,936
Audit fees
Legal and professional
7.800
19.115
7,800
19.115
7.200
24.660
7,200
24,660
526.185
26,915
553.100
496.817
31.860
528,677
Analysed bel￿een
Charitable activitses
526.185
26.915
553,100
496,817
31.860
528.677
Net movement in funds
2023
2022
Net movement in funds IS stated after chargin￿{CredIting)
Fees payable to the companys auditor for the audit of Ihe companys finanaal
statements
Depreaation of owned tangible ￿ed assets
7.800
52.093
7.200
58.539
Trustees
None of the Twstees (or any persons connected with them) re￿iVed any remuneration, reimbursement of
expenses or any other benefits from the (*arity during the year.
-25-

FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Employees
The average rrjonthly number of employees during the yearwas:
2023
Number
2022
Number
176
169
Employment costs
2023
2022
Wages and salaries
Social security costs
Other pension costs
3A65.245
318.508
3.111,093
262.804
110.624
3,847.008
3.484.521
There were no employees wttPi emoluments ￿ exces5 of £60.000.
The number of employees whose annual remuneration was £60.000 or mre
were:
2023
Number
2022
Number
£60.001 to £70.000
10 Taxation
The tharity is exempt from tsx on In￿Me and gains falling within section 505 of th8 Taxes Act 1988 or section
252 of the Taxationof Chargeable GainsAct 1992 to the extent that these are applied to its charitable objects.

FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
11 Tangible fixed assets
furniture and ¢quipment
equipment
Cost
At 1 April 2022
Addiknons
1230.707
15.564
438.521
703
15,850
1,685,078
16,267
At 31 March 2023
1.246271
439,224
15,850
1.701.345
Depreciation and impaimient
At 1 April 2022
Depreciation dprged in the year
1,203.704
13,105
331.181
35,818
12.680
3,170
1.547,565
52,093
At 31 March 2023
1216.809
366,999
15,850
1,599.658
Carrying amount
At 31 March 2023
29.462
72,225
101.687
At 31 March 2022
27,003
107.340
3.170
137.513
12 Debtors
2023
2022
Amounts falling due within one year.
Trade debtors
Other debtors
Prepayments
145.168
317
35.776
145,542
317
29,198
181261
175.057
13 Creditors: amounts falling due within one year
2023
2022
Other taxation and s(Kial security
Trade creditors
AccNals
62,458
52.474
28.004
70,974
33,669
95.221
142,936
199,864
14 Retirement benefit schemes
Defined contribution schemes
The charity operates a defined contribution pension stheme for all qualifying employees. The assets of the
scheme are held separately from those of the tharity in an independently administered fvnd.
The tharge to profft or loss in respect of defined contribution schernes was £63.255 (2022 - £110.624).
-27-

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FIRST HOUSING AID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
16 Analysts of net assets between funds
Unrestricted Restricted
funds
funds
2023
2023
Total Unrestricted Restricted
funds
funds
2022
2022
Total
2023
2022
Fund balances at 31
March 2023 are
represented by:
Tangible assets
Current assetsl(liabiltties)
47.391
410.441
4296
STI.146
101,687
987,587
34.378
176,433
103,135
679.669
137,513
856.102
457,832
631.442 1.089,274
210.811
782.804
993,615
17 Transfers between funds
During the year there have been net transfers between fvnds in the amount of £222.668 from restricted funds
to unrestricted funds made up as follows=
£111,683 representing fvnding receNed for beds within Housing Benefft projects. Funding has been
released from restricted funds to Un￿StrICted fijnds to match against the associated expenditure.
£110,985 representing release from Supporting People fvnding in respect of Covid related costs.
18 Financial commitments. guarantees and contingent liabilities
Certain grants received and receivable may become repayable to the funder rf the tharity is no longer able to
meet the conditions under which they were awdrded. Due to the nature of these contingenaes it may not be
possible to quantify the potential financial effect or give an indi￿lon of the timing as to the liabilities that may
arise.
19 Funds received as agent
First Housing Aid and Support Services (FHASS) acts as an agent on behatf of tenants INing in
accotnmodation apptying for ernergency l¢)ans. assisting y￿th the application process and facilitating the
receipt of funds from the grant awarding body and subsequent issue to the applicanL First Housing continues
to value the strong relationships fostered with all grant awarding bodies and is gratefvl for the suptM)rt afforded
to their dients in respect of these emergen￿ grants.
During the year. the charity received incoming resources amounting to £21,870 from St. Martin in the Fields,
£2,500 from the Glasspool Chaiity. £1,650 from Famity Action. and £800 from the Margaret Fund. All amounts
were paid out to tenants during the year.
These amounts have not been refiected in the finanoal statements for the year in accordan￿ with the
treatment recommended by the Statement of Recommended Practice "Accounting and Reporting by
Charites".
20 Related party transactions
Remuneration of key management personnel
The remuneration of key management personnel is as follows.
2023
2022
Aggregate compensation
299,940
267,241
-31-

FIRST HOUSINGAID & SUPPORT SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
20 Related party transactiorvs
(Continued)
Other related party transactions
There were no other related party tran￿dIonS during the year.
21 Cash generated from operations
2023
2022
Sutplusl(deficit) for the year
95.659
{16.918)
Adjustrnents for.
Depreciation and impairment of tangible fwj assets
52.093
58.539
Movements in working capital:
(Increase) in debtors
(Decreaseyincrease in creditor5
(6,204)
(56.928)
(69,341)
86.833
Cash generated from operations
84,620
59,113
22 Analysis of changes in net funds
The charity had no debt during Ihe year.
-32-