Company Number - N161 J585 Charity Number - 105750 MIGRANT CENTRE NZ LTD (a company limited by guarnntee not havin9 J share capital) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 *JCIF2YSG• 1511212023 COMPANIES HOUSÉ JNI #309 MIGRANT CENTRE NI L TD FlhlANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MAACH 2023 CONTENTS Page Contents Officers Dlrectors. Report Audltor's Report Statement of Flnanclal Actlvlties Balance Sheet io Notes to the Flnanclal Statements li MIGRANT CENTRE NI L TD FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 bVARCH 2023 OFFICERS DIRECTORS Chalr Mr G Tubritt Ms P Dooley (deceased 22 Aprll 2023) Se¢￿tary Ms N Donnelly Treasurer Mr K Doherty Board members Dr T Oriola Mr M Petrushkin Mr A Yasin (appolnted l May 2023) (resigned 12 October 2023) (resigned IS May 2023) COMPANY SECRETAR Y Ms J Flett (resl9ned 12 March 2020) AUDITOR Mlnshull & Co Chartered Accountants and Reglstered Audltor 19 Crescent Buslness Park USBURN BT28 2GN BANKERS Flrst Trust 8ank 35 Universlty Road 8ELFAsr BT7 IND HEAD OFFICE AND REGISTERED OFFICE Unlt 3 Cido Business Complex Charles Street Lur9an CRAIGAVON BT66 6HG COMPANY REGISTRA TION NUMBER - N1611585 MIGRANT CENTRE NI L TD FINAhlCIAL STA TEMENTS FOR THE YeAA ENDED 31 MARCH 2023 DIREcfoRS' REPORT The directors, who also art as trustees for the charltable activltles of the company• present thelr annual report together with the financial statements for the year ended 31 March 2023. srATEMENT OF DIRECTORS. RESPONSIBILITIES Company law reoulres the directors to prepare financial statements for each flnanclal perlod whlch glve a true and falr vlew of the state of the affalrs of the company and of the profit or loss ol the company for that period. In preparing those financial statements the d1￿CtorS are requlred to select suitable accountln9 poll¢les and then apply them conslstently; make Judgements and estlrnates that are reasonable and prudent. prepare the flnanclal statements on the goln9 concern basls unless It Is Inapproprlate to presume that the company wlll contlnue In buslness. The directors have elected to prepare the financlal statements In accordance wlth UK GAAP and confirm that under company law they must not approve the flnanclal statements unless they are satlsfled that they 9lve a true and falr vlew of the state of the company's affairs and of the surplus or deficit for that perlod. The reportlng framewort that has been applled Is the Charities SORP (2015) FRS 102 The directors are responsible for keep¢n9 proper accountlng records whlch dlsclose wlth ￿asonable accuracy at any time the financial position of the company and to enable them to ensure the flnanclal statements comply wlth the Companles Act 2006. They are also responsible ft*r safeguarding the assets of the company and hence for takin9 reasonable steps for the preventlon and detection of fraud and other Irre9ularltles. DIREcfoRS The company's Artlcles of Assoclatlon requlre all the élrectors, that Is the members of the board, to retlre after two years In office, consequently the members require re-election thls year. 08JEcnve The company Is established to protect the rlghts of migrant workers In Northern Ireland, to tackle racism and to ellmlnate barrlers agalnst migrant workers and to advance educatlon and raise public awareness about their rights. The company has the power to do anythlng which Is calculated to further Its objects, or Is conduclve or Incldental to doln9 $0. In partlcular the company has the power to do the folhjwlng provkled that any campaignlng or polltlcal activlties are conducted only to the extent that the dirertors are satlsfied that they are in the furtherance of the company's charltable objects and an effec¢lve use of Its re50urces: to encourage partlclpatlon vla capaclty bulldlng of mlgrant communltles and mlgrant community organisations to provkde advocacy, advlce and support servlces to ml9rant workers to Increase the employablllty and promote equal access to publlc serwlces and facilities for mlgrant worker5 thrijugh educatlon, tralning and referrals to educate and raise public awareness on the rights of migrant worker5 by tralnlngl publicatlons, lectu￿5, use of media, public advocacy and other means of communicatlon to undertake and dlssernlnate research and to produce pollcy and other relevant subfflisslons in support of the protertion and promotion of the rights of mi9rant workers to accept gifts and to raise fijnds. In doing so the company must not undertake any substantlal permanenttradlng actlvlty and must c¢)mply wlth any relevant statutory regulatlons RELATED PARTIES The Belfast office operated from the same premlses as 8allynafeigh Community Development Associaiton. AUDIT INFORMATION So far as the company's directors are aware there Is no relevant audlt Informatlon of which the company's audltors are unaware. arrtd each director has taken such steps as he/she ought to have taken as a director to make himlherself aware of any relevant audlt information and to establbsh that the company's auditors are aware of that Informatlon. MIGRANT CENTRE NI L TD FifiANCZAL STA TEMENTS FOR THE YEAR EhlDED 31 MARCH 2023 DIRECTORS. REPORT (contlnued) MEMBERSHIP The members of the company are the Inltlal subscrlbers, Ms J Flett and Mr P Yu, and other nornlnees of the Northern Ireland Councll for Ethnic Minorities. This is currently under revlew due to the status of Northern Ireland Council for Ethnlc Mlnorities. (i) If the nomlnee Is an organisation it should be non-statutoryi not for profit, non-party polltlcal and support the objects of the company If the nominee Is not an organlsatlon helshe must have written consent from hls/her organlsatlon on the acceptance of the nomlnation from the Northern Ireland Councll for Ethnlc Mlnorlties ACTIVITIES Durlng the year the mlgrant centre has provlded advlce and advocacy to ethnlc minority Indivtduals and ¢rganisatl¢ns provlded tralnin9 and development for bi-lingual volunteers provlded asslstance wlth the Capaclty 8ulldlng Program for ethnlc mlnorltles provided antl-raclsm tralnlng and educatlonal programs dellvered arts based good relatlons actlvitles through the 8elonglng Project These actlvltles have formed part of the grant projects run under the maln funders thls year Includlng Cornlc Rellef, Victlm Support Nl (lead partner Hate Crime Advoca￿ Scheme funded by Doj), Advice Nl (lead partner In Home Office funded EVS5 support programme), The Rank Foundatlon, The Natlonal Lottery Communlty Fund, Justlce To9ether Collaboration and The Tudor Trust. Each project has èt least one deslgnated employee who manages that project and reports monthly to the directors. RESULTS The surplus for the year was £20,146 (2022.. £ 10,204 ) FINANCIAL REVIEW & RESERVES POLICY The surplus at 31 March 2023 was £43,401 , The dlrectors have passed that the company should endeavour to achieve and rnalntain reserves coverlng Ilmlted unfiJnded core actlvity and these reserves should be readlly available, Overheads remain very low facilitatlng thls wlthout slgniflcnant reserves. The profile of expendlturels as agreed wlth the funders In order to achieve the stated objectlves and the balance of 5UPPOrt costs are covered by the addltlonal funds recelved. The reserve5 should increase. General funds are unrestricted funds whlch are available for use at the dlscretlon of the dlrettors In furtherance of the general objectlves of the company and whlch have not been deslgnated for other purposes, Designated funds comprise unrestricted funds that have been set aslde by the dlrectors for partlcular purposes. The alm and use of each desl9nated fund Is set out in the notes to the financial statements 11 Identlfled as such. Restrlrted funds are funds bvhlch are to be used in accordance wlth speclflc restrlctlons Imposed by donors or which have been raised by the company for particular purposes, The cost of ralsing and admlnlsterlng such funds are charged agalnst the speclflc fijnd. FUTURE PLANS The company has obtained fundlng for Its activities in the medlum term and whlle the activltles of the company are qulte limited the direttors are always looklng at ways that the objectives of the company can be furthered and researchlng potentlal fundlng sources for these. 141GRAAIT CEhlTRE NI L TD FINANCIAL STA TEMEP4TS FOR THE YEAR ENDED 31 MARCH 2023 DIRECTORS. REPORT (contlnued) IMPACT OF COVID-19 The impact of coranavirus restrictions meant that there was naturally more concentratlon on remote activitles, which ran succe55fully for that perlod. The situatlon now resolved, there has been no real Impact on the charity's sustalnablllty due to the low overhead model and 5ufflclent reserves. Most financlal actlvlty 15 tled up In funded projects that were able to contlnue qulte successfully desplte belng carried out remotely If necessary. Any that would have involved gatheriTrJs. especlally indoors, had ceased in lockdown but activity continues at present very much as normal. The dlrectors are satisfied that they have made necessary adjustments to ensure that Migrant Centre Nl Ltd wlll continue to achieve its objectlves. GOING CONCERN The dlrectors, havlng considered the charity's income streams, flnancial means and strategy for deallng with issues such as the impact of Covld-19, over the next 12-18 months, are satlslfled that the golng concem basls Is approprlate. TAX STATUS The Inland Revenue accepted the charltable status of the company from 7 March 2012 and registered It as such under the reference Kr38551. The company is reglstered viith the Charity Commlsslon for Northern Ireland under number 105750. SMALL COMPAIIY RULES Th15 report has been prepared In accordance wlth the speclal provlslons of Part 15 of the Companles Act 2006 (c46) relatlng to small companies and in accordance wlth the Flnanclal Reportin9 Standard 102. AUDITOR The auditor, Donald R Minshull of Messrs Mlnshull & Company, Chartered Accountants and Statutory Audltor, offers hlmself for re-appointment. Mr ritt Dlrector BY ORDER OF THE BOARD Date 6 December 2023 INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF MIGRANf CENTRE NI LTD Oplnlt)n We have audlted the fift￿￿•1 stJtemertts d Mlgr)nt Certtre Nl tor the year ended 31 Marth 2023 whkh cornprlse the Staternent of Flnancial Attlwty, 8èlar*ce Sheet and related notes to the financlèl siatemertts. Includlng siqnlfican¢ a¢¢ountlhg polltles. The financial reportln9 framework that ha5 been applled In thelr preparatlon Is appllcable l¥w and Umlted Klngdom A¢¢ounring Stsndjrds. Induding The thiritses SORP IFASJ02). In wr oplnlon the flnandal 5tstements.' Qlve a twe •nO fair vlew ol the state ol the ccrfngarty's )ffairs as at JI M•rth 2023, and of its surplus for the year th•n ended; have been properly prepared In accordance wlth Unlted KlThJdom Generally Ac¢epted Accounllng Pfartlc*: Jnd h•¥e been prepjred In •C¢4yd•nce wilh the requlrements ol the ComponTres Act 2LN)6. Basls lor wlnlon We cohd￿tea fAff audif In •c¢ord4nce wlih In¢emotI￿al St•ndards on Auiifing IVK) IISAS (UK)) and appllcable law. Our r1spons1￿IIll*s vnder thost stand•r¢Js •re fvrther In the Avdltor's res[*>￿IbIlI1fjes lor the Jud1¢ ol lh¢ nn•nclJl 5ratements sertlon ol our fepwt. We Jre Independenr ol the company 4ccord)nce wlth the ethlcal requlrements th•t are rtl*v•nt to our •udlt ol the flnanclal siatements In the UK. Indthlln9 the FRC'S ethkal Standanl. arKI we have fulniied vur other ethlcal osponslbllltles In accoroarte wlth these re4ulrements. we belleve thèi the audlt evldence we hjve obtalned Is sufflclent and approprb•te to prn¥lde • boys lor our opinion, Con¢luslon$ r•l•tlng to 9oln9 ¢on¢•rn In ￿￿tIng tht Ilnandal ststements. we ha¥t concluded that the dIrecto￿5 ¢J5e of Ihe 9olrwJ concern ba515 of accountlng In the preparatlon of the flnancw statements Is èppropdate. Our e¥aluètlon d the dlrettots. assessment of the eniity's jbillty Cohllhue to the Concern b•¥s ol •ttountino Included an ex•min•tloh ol the c•sh Inflows •nd outlfows projected ov•r the nlxt 12 months runnlw all th• c(mnt proJe¢ts. Thrfe prolerts •ll wvld• suffic1￿1 fundln9 to cover overheads and gUPPQrt - backed up by budgets for the lutur• 4nd Nstork abllltv IQ CO¥•f these costi. aas•d on the work w• hw• performad, tAe hJv• not Identthed any materlal unc•rt4lnii•s felatlng to events or condltlors that. Indlvldu•llv •r ￿llertIvely. rn4y ￿¥t *gnbhcant doubt gn the cgmpanv'¥ ablllty to conllnue a¥ a golng eoncem lor ) pertoo of •t l••st 12 mmths (rom when th• Ilnond•l *•¢oments •re **horls40 lor Issu•. Our responslbllltles and the respMslblllUes ol the dlfectorg wlth respec¢ to goSn9 con¢em •￿ descrlbe(I In the relt¥•nt sertlons of th1$ repDrt. Other Informatbon The other Inform)tlon complses the infomi•tl+)n induded In the reptyt, orher Ilwi the fln•nO￿ statements and our *udltorfs report I￿￿tan. The dlfectors ar• r•sponslbl• for thè other Inlormauon contalned wlthlft th• annual report. Our oplnlon on the fln4ncl&l rt4ltm¢nts n¢t <9v¢r ¢he +Xher Infomiatlon and, excepi to th¢ extent othep4¥1se expllcltly stated In +)ur report, we Oo rtot exprtss any fomi of assurance cortclusion thereon. ¢X¥ rèsportslblllty Is to re40 the otl*r lrtform•tWi •nd. In doln9 so. coAslder whether the otrer Inlomiation Is Mat￿allY Inconsisleftt ¥￿th the nnJnOal statements or our kn￿￿edge obtalneo In course of the udlt. ty otheTh¥lse appears to b• matertally mlsststed. If we Identlly such rnalerlal Incon45tencle5 or apparent materlal mlsstatements we are requI￿d to detemilne N**lher th5s Qoves dse to a materbbl mls5tstement In the nnanclal statements fhemsdves. If. bosed on the work we h•v• ptrfom)o(1. we conclud• th•t there li o ft￿le￿OI mbsstatement of th1$ other Inforrnatlon, w• are r•qulf•d to rwrt that fact. We ha¥e nothlng to reprxt in tNs re9ard. INDEPENOENT AUDrroR'S REPORT TO ThE MEMBERS OF MIGRANT CENTRE NI LTD {contlnued) Oplnl¢)ns cffi other matters preKrW by the Companles Art 2006 lfi our opnlon. based an thè work undèrtaken In th• caurso ol the avL4t: Informètlon ol¥en lrt the dlrertors. rewrt for the nDJnoal year for whlch the Ilnan¢W st•tements are prep•red IS consbstent ￿th the flnandal statements; and the dlr•ctor4' r•port hm be•n pr•parod In accordonce wlth •ppllcable le9al requlrements. Matters on whlch we •re rnqulr•d to rwort by exceptlon In the Ilohi ol the knowledge understandlng ol the rnrnp4ny •rrfl Its en￿10￿ment obtaln•d In th• c￿￿* ol the •udlt. we have not Ideniifled mat•d•l mlsstaternents In the dlrectors. report. We have nathlng to report In respert of the f4llo*lng rnatters In rel•tl+)n i• whlth the Cornp•nb¢s Art 2006 wulres y$ to report to you If, In our opinlon.. adequate acc¢yJntlng re¢or(Is have not been kept, or returns •dequJte for our audlt have not been rec•fjv•d from brartd*s not vlsiied by vs. or the fln•ncl41 Slotemenrs are not In •gré•mènt wlth th* •t¢tyJntlng fe¢ords and r¢ivms,' certjln dls Preparatlon ol the Accounts on a Golng Concern Basls The c(*npany reported £20,146 cash Inflow for the year and the dlrectors have formulated a strategy that I￿11 secure the Immedlate future of the company for the next 12 to 18 months and on that basis the charlty Is 901n9 concern. (d) Incam• Income Is recogn15ed when the company has entitlement to the funds, any performance condltlons have been met, It Is probable that the Income will be received and the amount can be measured rellably. Income from government and other grants, ol o revenue nature, is retogF)Ised when the company has entlrlement to the funds, any performance conditions attached to the 9rants have been met, It Is probable that the Income wlll be received and the amount can be measured rellably and Is not repayable to the fiJnder. Capltal grants are amortised In line with the depreciation of the assooated assets, the purchase of whlch has been, funded by sald grants. (e) Don•t•d S•rvlces and Facllltl•s Donated prolessionbl senilces and donated facllltles are recognlsed as Income when the company has control over the item, any conditlons assoclated wlth the donated Item have been met, the receipt of economic benefit from the se of the Item by the charity is probable and the economic benefit can be measured rellably. In accordance wlth the Charltles SORP (FRS 102) general volunteer time is not reco9nised. On recelpt, donated professlonal servlces and donèted facilities are recognlsed on the basls of the value of the glft to the charity which Is the amount the charity would have been willln9 to pay to obtoln seThlces or facllltles of equlvalent economlc beneflt on the open market, a correspondlng amount Is then recognised In expenditure in the period of recelpt. (n Int•r¢st Reeelvable Interest on funds held on deposlt Is included when recelvable and the amount can bemeasured rellably by the company, normally upon notlficatlon of the Interest palcl or payable by the flnanclal Institution. MIGAANT CENTRE NI LTD FINAhlCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE FIhlANCIAL STA TEMEhlTS (contd) (g> Fund Accountlng Unrestritted funds are avallable to spend on actlvltles that further any of the purposes of the cempany. Oeslgnated lund5 are unrestrlcted lunds of the charlty that the directors have declded at thelr discretlon to Set aslde to use for a specific purpose. Restrlcted funds are donatlons whlch the donor has speclfied are to be solely used for partlcular areas of the company's work. (h) Expendlturn •nd Zrrecov•rabl• Valu• Added Tax Expenditure Is recognlsed once there Is a legal or constructlve obllgatlon to make a payment to a third party, it is probable that settlement wlll be requSred and the amount of the obllgatlon can be measured reliably. expendlture 15 cla551fied under the followln9 actlvlty headln9S: costs of ralslng funds comprlse the costs of commerclal tradlng expenditure on charitable activitie5 includes the cost5 01 attivlties undertaken to further the purposes of the company governance and support costs Include all other costs Irrecoverable Value Added Tax Is charged as a cost against the activity for whlch the expendlture was Incurred. Support Costs Support costs bre disclosed separately In the Statement of Flnanclal Actlvltles. (i) Tanglble Flxed Assets and depreciatlon Tan9lble flxed assets costln9 £200 or more are stated In the èccounts Jt orfglnal cost less depreclation in order to wrlte off the cost of flxed assets, over thelr esumated useful Ilves, uslng the followlng annual rote Fixtures, fittings and equlpment 25% straight line (k) Debtors Oebtors and accrued Income are recognlsed èt the settlement amount due after any dlscount offered. Prepayments are valued at the amount prepaid. Cash at Bank and In Hand Cash at bank and cash In hand Sncludes cash and short term highly Ilquld investments wlth a short maturlty of three months or less from the date of acquisition or openlng of the deposit or simlalr account. (m) Creditors •nd Provlslon$ Creditors and provisions are recognised where the company has a present obligation resulting from a past event that wlll probably result in the transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or estimbted rellèbly. Creditors and provlslons are normally reeognised at thelr settlement amount after any ¢lscovnts. (n) Flnandal Instruments The company only has financial assets and flnanclal Ilabilitles of a klnd that quallfy as baslc financlal Instruments. Baslc flnanclal Instruments are Inltlally ￿cOgniSed at transartlon value and subsequently meaSU￿d at thelr settlement value wlth Lhe exceptlon of bank loans whlch are subsequently measured at amortlsed cost uslng the effective Interest method, 12- PIIGRANT CENTRE NI L TD FZNANCIAL STATEbVEIVTS FOR TME YEAR ENDED 31 MARCH 2023 hlOTES TO ThIE FINANCIAL STA TEMENTS (contd) (o) Exemption from preparing a cashflow statement Exemptlon has been taken from preparing a cashflow statement on the grounds that the company qualifles as a small company. (p) Company status and members liablllty The cornpany Is Ilmlted by guarantee. The members are the trustees, that Is the commlttee as listed on pa9e 2. The Ilablllty. In respect ol the 9uarantee Is £1 per member of the charlty. 2. DEFICTh15URPLUS FOR THE YEAR IS STATED AFTER CHARGING: Accountancy Fees Audit Fees 3. TAIIG18LE FIXED ASSErs 2,088 2,088 TOTAL Flxtures & Equipment COST at l Aprll 2022 Addltlons 2,077 2,077 t 31 March 2023 2,077 2,077 DEPRECIATION at l Aprll 2022 Charge for the Perlod 1.935 47 1,935 47 at 31 March 2023 L,982 1,982 NET BOOK VALVE at 31 March 2023 95 95 4. REVENUE GRANTS 2023 2022 Grants recelved Department of Forelgn Affalrs and Trade: Reconciliation Fund Comlc Relief Pollce Servlce of Northem Ireland Victim Support Nl The Rank Foundation Apex Houslng Assoclatlon Transfer Amiagh, Banbridge and Craigavon Borough Councll Transfer Community Foundatlon Transfer Advlce Nl The Natlonal Lottery Communlty Fund Comrnunity Pharmacy Tudor Trust Disrupt Justlce To9ether Collaboratlon Nationwide Communlty Foundation Lush transfer Other Grants (16,087) 124,000 (2,896) 20,9L 50,640 36,755 18,500 {I,sii) {581) (757) 41,323 S6,911 3,117 71,156 S6,611 9,600 35,000 10,000 40,000 40,000 4, 972 (3,045) 4.145 10,877 319,430 276,782 {5,476) 290.200 427,639 (11,467) Amounts deferred at 31 March 2022 Am￿ntS accrued at 31 March 2022 590,736 (238,977) 20.896 (o) 706.372 (276, 782) 5,476 Amounts deferred at 31 March 2023 Amounts accrued at 31 March 2023 Capital Grants credlted In Statement of Financial Affairs 372,655 435,066 13- MIGRAhlT CENTRE NI L TD FINANCIAL STA TEfiIENfs FOR THE YEAR EhlDED 31 MARCH 2023 NOTES ro THE FINANCIAL STA TEMEhlTS (contd) 5. DIRECTORS The dlrectors recelved no emolument5 nor expenses durln9 the perlod. 6. EMPLOYEES Number of employee$ The average monthy number of persons employed by the company, excludin9 dlrectors, durln9 the year was: 2023 2022 number number io io Development Officers io io The remuneratlon potd to the employees was Wages and salarles 177,971 179,294 Penslon Contrlbutrlons (money purchase scheme) 5, 387 5,595 7. RESTRICTED FUNDS SUMMARY Opening Balance Incomel Expenditure/ Credits Transfers Closlng Balance Comlc Rellef The knnk Foundatlon Advlce Nl Pollce Servlce of Northern Ireland The National Lottery Communlty Fund Vlctlm Support Nl The Natlonwlde Communlty Foundatlon Derry city and sirabane Dlstrlct Councll The Legal Education Foundatlon Communlty Pharmacy Tudor Trust Justlce Together Collaboratlon Other Grants 131,149 8,267 40,774 6,978 57,587 49,253 4,972 3,853 3,453 11,269 14,700 34,784 5,616 (131,149) (8,267) (40,774) (6,978) (57,587) (49,253) (4,972) (3,853) (3,453) (11,269) (14,700) (34,784) (5,616) 372,655 (372,655) RELATED PARTY There were no related party transactlons to note. 9. CORPORATION TAX The cornpany 15 exernpt from tax on Income and galns fallln9 wlthln 5ectlon 505 of the Taxes Art 1988 or section 252 of the Taxatlon of Chargeable Galns Act 1992 to the extent that these are applled to Its charitable objects. 10. GENERAL INFORMATION Migrant Centre Nl Llmlted Is a prtvate companyi Ilmited by guarantee, registered In Northern Ireland. The cornpany's registered nurnber and reglstered olTice address can be found on the officers page. page 2. 11. PENSION COSTS AND OTHER POST-RETIREMENTS BEt4EFITS The company operates a deflned contribution pension scheme - contributlons are charged to profit or loss In the period to which they relate, 12. PRESENTATION CURRENCY The presentation currency of these flnanclal statements I ounds sterling {£G8P).