REGISTERED COMPANY NUMBER: N1032258 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC105782 ort of the Trustees and Financial Statements for the Year Ended 31 March 2024 for er Andersonstown Communi Forum Ltd Acom Limited b Guarantee an Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE er Anderson5town Communi Forum Ltd Contents of the Financial Statenjents for the Year Ended 31 March 2024 Page Reference and Administrative Details Report of the Trustees 2 to 22 Report of the Independent Auditors 23 to 26 Statement of Financial Activities 27 Statement of Financial Position 28 Statement of Cash Flows 29 Notes to the Statement of Cash Flows 30 Notes to the Financial Statements 31 to 46 Detailed Statement of Financial Activities 47 to 48 er Andersonstown Communi Forum Ltd Reference and Administrative Details for the Year Ended 31 March 2024 TRUSTEES Barney Kane William Groves Sean Lennon Emma Groves Gerard Meehan (resigned 81512024) Angela Mervyn (resigned 81512024) Dominic Mooney Michelle Kelly Christine McDonagh COMPANY SECRETARY Nuala Hutton REGISTERED OFFICE 37A Tullymore Gardens Belfast Co. Antrim BTI 1 8NE REGISTERED COMPANY IYUMBER N1032258 (Northern Ireland) REGISTERED CHARITY NUMBER NIC105782 AUDITORS Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE KEY PERSONNEL Chief Exccutive Officer - Michael George Finance Manager - Aine Maguire er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Vision The Upper Andersonstown Neighbourhood is a dynamic and inclusive community providing opportunities for all ages of people to become actively involved in raising the quality of life for all the residents, through community and economic regeneration of the area. Aims 'To increase participation of local people in community development by creating developmental Opportunities through the provision of inclusive, quality services which have life- long benefits for the community., Strategic Plan UACF led an in-depth review (with our strategic partners in the Andersonstown Neighbourhood Partnership) and all key stakeholders relating to the organisation. The out workings allowed the organisation to update our strategic plan, particularly in the aftermath of the 2020-21 Pandemic and the ongoing Cost of Living crisis. The six strategic aims were agreed and set which include.. l. Building a robust business model with social values at its core Key Strategic Aim - To enhance the social economy, organizational and financial mode. 2. Supporting Families - Supporting Children Key Strategic Aim - To support families by providing the highest quality, professional care, and educational development 3. Releasing the potential of all our young people Key Strategic Aim - Young people will be supported to achieve their full potential 4. Working, learning and living here Key Strategic Aim - To support adults with their lifelong learning, employability and health journey 5. Positively support people to live actively as they age Key Strategic Aim - To enhance the life experience for people to age well 6. Supporting Communities through a community development approach Key Strategic Aim - To support communities in the economic, social and physical regeneration and ensure our organisation supports those in most need, during the cost of living crisis. er Andersonstown Communi Forum Ltd Re ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Objectives and Activities a) To centralise all policy, procedures and operational frameworks b) To continue with the inspire and professionalise the staff and management committee c) To increase the social economy income of the organisation Key Outcomes 2022-25 To have accredited quality standards - ISO 9001 Standards To increase the social economy business to generate 500/0 of the organisational income. All staff to be paid living wage Strategic Theme l Building a robust business model with social values at its core Key Strategic Aim To enhance the social economy, organizational and financRal model Key strategic objectives are:. a) to achieve the ISO 9001.2015 quality standards Strategic Theme 2 - Supporting Families - Supporting Children Key Strategic Aim To support families by providing the highest quality, professional care, and educational development. Key strategic objectives are'.- a) Providing the highest quality of Childcare to ensure each child meets their personalise developmental milestone b) To offer families affordable Daycare c) To support children at each stage of their transition d) To provide a rich communication for learning and development e) All staff to be trained in the most up to update techniques for child development. Key Outcomes 2022-25 a) To achieve the All-Ireland Centre of Excellence b) All senior daycare staff to have achieved their level 5 in CCLD c) An outcomes score card will be developed to showcase child development milestones d) A sustainability model will be developed and implemented. Strategic Theme 3 - Releasing the potential of all our young people Key Strategic Aim Young people will be supported to achieve their full potential Key strategic objectives are.. er Ander50nstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES a) Supporting young people's physical and mental health b) To create fun and enjoyable leisure and play programmes c) Young people will enjoy learning and achieving d) Young people will be encouraged to make positive contribution to society e) Young people will know their rights D Promote equality and good relations with young people. Key Outcomes 2022-25 a) Young people will be more confident b) Young people will experience summer and seasonal educational, health and recreational programmes c) More young people will be supported with learning and achieving d) To reduce the Impact, the recent Pandemic had on our youths mental wellbeing e) To secure Education Authority core funding. Strategic Theme 4 - Working* learning and living here. Key Strategic Aim To support adults with their lifelong learning, employability and health journey. Key strategic objectives are: a) To provide the highest lifelong learning opportunities for adults b) To support and signpost adults into employment c) To reduce health inequalities d) To support people who are living in poverty. Key Outcomes 2022-25 a) To delivery high quality literacy, numeracy and ICT programmes b) To support adults into employment c) To deliver mental health programme to adults d) To provide high quality lifelong learning initiatives. Strategic Theme 5 - Positively support people to live actively as they age Key Strategic Aim To enhance the life experience for people to age well Key strategic objectives are: a) To provide a range of services to combat social isolation ( particularly Post Covid 19) b) To listen and reflect the views of older people to local and central government c) To support older people living in poverty d) To provide a range of active aging programmes e) Older people have better access to statutory, voluntary and community services. er AndersoDStown Communi Forum Ltd ort of the Trustees for the Year Ended 31 Mgreh 2024 OBJECTIVES AND ACTIVITIES Key Outcomes 2022-25 a) To reduce social isolation b) To develop a social economy model for people who have access to self-directed payments c) To build pathways to support older people in all aspects of their lives. Strategic Theme 6 - Supporting Communities through a community development approach. Key Strategic Aim To support communities in the economic, social and physical regeneration. Key strategic objectives are.. a) To develop (reviewed and updated, Septloct 2022) the Andersonstown Neighbourhood Partnerships membership, vision and operational plans b) To ensure capital programmes are designed and developed in partnership with local communities c) To respond to government policies and consultations d) To promote UACF by sitting on a range of boards which will enhance the lives of the residents e) To develop seasonal programmes across the Andersonstown area such as Christmas, St Patrick's Day, Halloween, Summer fj To lobby for additional resources for the Andersonstown area g) To support community interest groups who support residents including people from across section 75 groups. h) To Support The Development of The Casement Park stadium Key Outcomes 2022-25 a) To support residents through physical regeneration projects - Casement, Glenmona b) To work closely with government to develop an anti-poverty strategy c) To work with community, voluntary and statutory partners to bring additional resources into the area. d) The underlying principle of the Forum is inclusiveness and this ethos is translated into practice throughout the entire organisation and is reflected in the provision of quality services for children with special needs. In physical terms the building is designed to be fully accessible for people with disabilities thereby ensuring full inclusion of all members of the coinmunity. er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Public benefit Purpose A Advance community development and, in particular, the promotion of the community and voluntary sector for the benefit of the public by providing support, information, services, 4. facilities and amenities to community and voluntary groups and encouraging such organisations to co-op¢rate to achieve their aim. The direct benefits flowing from this purpose include l. the strengthening of individual and community relationships, 2. the dissemination of information and services that improve the quality of life and range of opportunities available to individuals and the community, 3. the development of campaigning and networking skills within the community and the availability of 'fit for purpose community Centre. These benefits Can be demonstrated by th¢ amount of people utilizing the local community ¢¢ntre for a variety of programmes and the improved opportunities for people to develop social contacts at a variety of different stages in their life, for example, through attendance at our youth project or as a senior citizen in our Utopia project. The community centre enables the community to organise Campaigns on issue of importance. The varieties of meetings, workshops and courses have the benefit of increasing community engagement and community solidarity. Purpose B Provide and maintain a Forum where member organisations can join together to find mutual support, exchange views, share common issues and information, create a collective voice for the community and voluntary sector and work in partnership with statutory agencies and authorities. The direct benefits flowing from this purpose include l. The ability to mobilise the community on issues of mutual concern to campaign for change. 2. The reduction of social isolation through collective action is another direct benefit. 3. The establishment of community-based mechanism for directly engaging and working with government departments, statutory bodies and other community and voluntary organisations. These benefits can be demonstrated by. l. Successful campaigns to improve disability access to the community ccntre, 2. The ¢xt¢nsion of Surestart 2 year old programme to the community centre 3. The delivery of a bespoke One to One" servicc to local schools and our input into the Andersonstown Neighbourhood Renewal Plan. 4. The delivery of a Well-Being strategy for the Greater Andersonstown Community 5. Delivery of a Belfast City Council, Fuel Hardship Fund er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Purpose C Relieve those in need by reason of. l. Youth, 2. Age, 3. 111-health, 4. Disability, 5. Financial hardship or other disadvantage. The direct benefits flowing from thTS purpose are.. l. That we can offer a range of youth activities to our young people through our Youth Project. 2. Our senior Citizens project works to reduce social isolation and build community networks by engaging seniors in a range of stimulating social, intellectual and physical activities. 3. We offer a range of health activities with a preventative objective in terms of local health outcomes, for example, the Cook It and Physical" activities programme delivered to local primary schools. 4. We work with the local family hub in offering support to Families and children who have disabilities and we offer a base for the local Parkinson's support group and a local group whose members have a learning disability. 5. We also offer welfare advice two days per week to assist in addressing financial hardship and or other detriments suffered by welfare reforms. These benefits can be demonstrated by l. The popularity of our youth project with young people. 2. The rapidly increasing success of our "Beacon's" Womens Group 3. Also we have we are in the process of establishing a senior citizens committee to campaign on issues that concern them and to participate in the design, delivery and decision making process around our Utopia senior citizens programme. 4. We have facilitated the meetings for the local Parkinson's support group, which has enabled the group to offer a range of activities in our centrc. 5. We have a walking group that encourages local people to engage in physical exercise as a way of preventing or delaying the onset of illness. 6. Our Afterschool offers additional support to children with learning difficulties. er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Principal Activities l Objectives I Services The UACF was formed in 1995 and is a community led, community driven organisation that has developed and succeeded in delivering a comprehensive Community Development Strategy for over 25 years. The Forum has a sound record in managing projects, we provide a comprehensive range of Community and Family Support Services including, Social Economy Day-care provision, Youth Services, Youth Training and Employment Scheme, Essential Skills Programme for parents and long termed unemployed, ICT Training, Training Placements, Employment support Programme, support programme for People with disabilities, community education programme and the Utopia senior citizens project.. The UACF are the Lead and Accountable Agency for the Andersonstown Neighbourhood Renewal Partnership and the chair of the Outer West Sure Start and a member of the local Family Support Hub. The Forum operates a Financial Management System based on NI audit Green Book guidance and ESF guidelines and criteria. The Forum works with a wide variety of government departments, statutory bodies and community and voluntary bodies. The Upper Andersonstown Community Forum are the Lead and Accountable Agency for Andersonstown Neighbourhood Renewal Partnership which is the delivery agent of Neighbourhood Renewal in the Greater Andersonstown Area and are in a working partnership with all other West Belfast Neighbourhood Renewal Partnerships to implement area action plans in conjunction with Department of Communities. The Department of Communities is the lead department in relation to Neighbourhood Renewal strategy across the region. The Community Empowerment Divisions of the Department of Communities is specifically tasked with ensuring that the City's most deprived communities are regenerated through targeting the most acute areas of deprivation, levering mainstream funding, empowering local communities and developing innovative partnerships. The UACF has brought to the ANP a track record of experience in community development and accessed additional extra funding for a range of community projects. The UACF is tasked to work with the ANP to implement the current Neighbourhood Renewal Action Plan for the greater Andersonstown area. In this last year, covered by this report, Upper Andersonstown Community Forum continued to have an ongoing positive impact in a wide range of thematic areas, which met all our charitable purposes, including delivering a series of programmes specifically aimed The UACF in 2023/24, despite the challenges of the austerity agenda and the negative impact of a suspended N.1 Executive, continued to deliver real and significant benefits to the community. The Upper Andersonstown Community Forum worked through a very challenging and productive year, and we continue to deliver services to our local community namely, (UTOPIA) Older Peoples Services, Youth services, Daycare, Afterschool's, Tullymore Beacon's women's group, Training services and Welfare advice clinic. Throughout 2023 the Forum was involved in dealing with the realities of the cost of living crisis and the strain socially, economically and mentally it had on our local people. We continue our partnership with The National Energy Agency and the Belfast City Council and facilitated the distribution of fuel Hardship vouchers to the most vulnerable, while providing a 'Warm Hub" facility for our seniors. Over the last year, we have continued supporting those most affected by the ongoing cost of living crisis and formed a stronger parffiership with Housing providers across the Greater AT)dersonstown area, We delivered a very well attended summer scheme (over 100 young people and ovcrsubscribed) alongside summer activities for our seniors, with shopping trips, centre based art and creativity classcs. All in all, a very productive year. Supporting Families - Supporting Children- er Andersonstown Communi Forum Ltd ort of the Trustees for tbe Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Over the past 12 months had a very successful year in supporting the emotional, physical and social well-being of children using our facility. Our dedicated and professional team worked tirelessly with families and children to provide the highest quality and services, support and care. We successfully delivered upon our social services contracts which helped support children to reach their milestones and provide a safe, caring and developmental setting. We worked with our partners in Outer West Sure Start to support families with young children. We have the pleasure to sit on the management committee to help design and deliver support to families most in need from within the area. Through our Outer West Sure Start contract, we delivered upon our programme for 2 year olds which seen us supporting children to reach their developmental milestones and support parents with the challenges which they face as parents. Through our Afterschool provision we were able to help and support children in Key stage l and 2, and also to have a fun, social and educational experience. The holistic approach we adopt in supporting the entire family unit helps to support both the child and parent/guardian to reach their potential. Releasing the potential of all our young people. We continued to be supported by the Lottery (Awards for All), Education Authority, Belfast City Council and Ican contracts. We want to thank our funders for allowing a flexible approach to supporting children and young people through this very difficult period. We continued to provide generic youth work through our youth club, which operated 4 nights per week for over 100 children and young people. The youth club gave a safe space for children and young people to come together socialise, learn and play. The young people completed a range of projects to tackle mental health and create positive well-being.. Our Youth participated in Resilience awareness, anger management, mindfulness and personal development. This has helped build self-esteem and reduce isolation in our young people. We have also developed an intense model of youth mentoring to support young people on a one to one basis to work through their problems and issues. This mentoring has been very effective in delivering a person centred approach to helping young people through their life journey and helping to make positive choices. Throughout the year. we delivered our amazing seasonal programmes to support children and young people. The summer programme secn over 100 children and young people participate in a 6-w¢ek summer scheme, which was based around tackling poverty, isolation and equality. The children and young people had an enriched experience over the summer period. Over this period, we completed youth divisionary programm¢ (over I Ith July and 8th August) which created positive alternatives at historical times of tension and we worked closely with Feile an Phobail ( Europe's biggest community arts festival), providing volunteer support and added activities for our local residents. er Andersonstoivn Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Over the Halloween period we had a range of children and young people's programm¢ (over 100 participants) to provide fun activities and a sense of normality as we move away from the Pandemic. W¢ delivered a highly successful Christmas carnival event, incorporating Santa sleigh rides around the area, with over 500 participants with Santa visits and traditional carol singing at our centre creating a positive spirit of community at the end of the year. Our youth team helped to deliver a number of accredited and non-accredited training to young people to help with their education journey. The courses completed included OCN'S in mental health, diversity and youth work. The non-accredited courses ranged from anti bulling, yoga, invisible trafficking, transition support and being active. We continued to work with our Primary School outreach programme, which included (John the Baptist, St Oliver Plunkett, Holy Child, St Theresa's), and Post Primary outreach (St Genevieves, St Gerards, St Marys, De La Salle) Working? learning and living here The services we provided helped to support adults with their lifelong learning, employability and health journey. This year we have helped and supported residents and offered numerous and varied training and alternate provisions. a. Introduction to Complimentary Therapy training. b. Level l Reiki Training. . OCN level I Community Development d. Money Matters e. Mentoring support f. Stress management g. Life coaching / L Tfe skills h. Personal Development Environmental j. Personal development k. Health Check MOT I. OCN Level I ICT m. iPad classes Basic ICT Driving Theory p. Job search skil Is q. Adult mental health one to one mentoring r. Adult self-esteem classes s. Access Nl Positively support people to live actively a5 they age The project provides opportunities for our older generation to socialise, to meet people their own age, to make friends, to feel part of the community, to get to grips with inforniation technology, increase confidence, b¢ stimulated physically, mentally and emotionally and to engage in creative, cultural and healthy recreational activities. 10 er AndersoDStown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES Within our traditional Utopia Over 60's Programme we have continued to deliver a hybrid programme of activAties:_ activities held by zoom, face to face, one to one and group activities. We are currently working with l OO+ people participating on our weekly programme, who attend one or more activities per week. a. Participation in social activities / tea dances b. Health related activities, Tai Chi, Pilates, walking, cycling, gardening, bowling Creative activities acrylic art, knitting, crafts, ceramics d. Air-fryer classes e. Craft Class f. Flower arranginf g. Drop in tablet support one - one h. Gardening group Line dancing j. 3 Tablet/computer classes per week k. Winter Warm Packs Distributed to elderly l. St Patrick's Celebrations / Christmas Party celebrations m. Walk Leader Training Volunteers -gardening group UTOPIA'S social tea p. UTOPIA celebration events q. Attending day trips r. Nature Walks . Museum tours Supporting Communities through a community development approach Upper Andersonstown Community Forum has a robust ethos of community development approaches to supporting individuals, families and communities. Over the past year we have continued to work in partnership with our community to identify their needs and to advocate on their behalf to ensurc they receive quality, professional and assessable services. Over the winter period, 2023124, we worked with The National Energy Agency to deliver a "Warm and Well initiative, providing 90+ of our elderly and vulnerable community with additional programmes and Home insulating consultations. We will enhance this in the year ahead, to provide local residents with up to date assessment of their home insulation needs. We formed part of the West Belfast ' Resilient West" Group, collaborating on all new and ess¢ntial health initiatives, working toward an online App/Portal for all West residents. Upper Andersonstown Community Forum continue to be the coordination body for the Andersonstown Neighbourhood Partnership. This work continues to coordinate, support, advocate and connect all citizens to improve the social, environmental, and physical regeneration of the locality. We delivered: 20- completed child protection training 8- Driving theory test l O- Food and Hygiene l O Autism awareness course l O Job skills training er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES 10 Emergency first aid 27 school children receiving homework support 12 Maths GCSE support 6 English GCSE support 10 OCN youth work 10 OCN level l in ICT I OCN level 2 in ICT I O OCN in Mental health awareness I O OCN level 2 stress management 10 completed a suicide prevention course with PIPS 85 children receiving mindfulness classes through the youth outreach in schools I O OCN level 2 in youth work I I completed inclusion & diversity training 70- Participated in Gym training 15- Mental health awareness workshops 12- Mindfulness workshops 25- Healthy eating and nutrition workshops 45- Aware courses x3 12- Diabetes information event 15-Move more & eat well programme 16- Alcohol & drug awareness 16- Vaping/smokingl underage drinking workshop 18- Health & wellbeing workshop 26- Football coaching 22- Life skills support 28- 1 to I stress management support 50- Health day 20- Ali flyer healthy eating classes 12- involved with AA 14- Mind your mate 14 Dementia awareness course 24- Art classes 18 participated in craft workshops 3 0 children going on residentials 26 participating in sports coaching 55 youth outreach in schools 24 people having I to I support 100 children attended the summer scheme 175 places with over 40 sessions per week in day care and after schools 15 attended the women's group 18 Gardening group 15 attended a workshop with the men's shed 15 completed a photography classes 40 attended a photography exhibition 16 people attended iPad classes I OO+ Santa G￿nIVal event 50 information days x 2 420 accessed benefit adviceluniversal credit in Tullymore 24 money matters 30 line dancing classes 12 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 OBJECTIVES AND ACTIVITIES 12 pottery class 15 community development workshops 20 involved in a reimaging campaign I OO+ Halloween event 40 intergenerational workshop 20 music workshops 12 crafy mouse classes 90 certificate celebrations- formallnon-formal 50+ Health Days x2 I OO+ St. Patrick's Day events 50 Youth stay awake 20 Wreath making classes 15 Bach Flower Workshop 16 Essential oils and aromatherapy workshop UACF strategic work included: a. Dfc West Coordinator to develop the Neighbourhood Renewal Report structure (OBA Cards) b. West Coordinator for National Energy Agency c. An active member on the Casement Park Community Engagement Committee d, Cycle Safe West Belfast Lobby Group. e. An active member on Féile Community Engagement Sub Group f. Worked with Translink on Community Safety Initiatives/ Glider Safety g. People and Place Strategy on Outcomes Based Accountability h. Dfc workshops on place making and planning Independent Chair of the west Belfast DPCSP j. Outer West coordination of the Executive Office CIT (Communities in Transition) Initiative k. Lead Partn¢rlCoordinator in Andersonstown Neighbourhood Partnership l. Partner organisation in the 'R¢silient West" Health initiative. 13 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities The Upper Andersonstown Community Forum (UACF) is a company limited by guarantee and as stated in the Governing document works collectively to establish a multi- agency approach that tackles the legacy of inequalities in Health, Education, Training and Employment within the Andersonstown area. The UACF proactively promotes the ethos of Community Development and the process of building a strong Community Infrastructure. Our core principles encourage ongoing consultations and engagement with local people, facilitating involvement and participation in decision making, promoting empowerment and innovation and measuring impact. This approach ensures that our projects are strategically and successfully implemented maximising the benefits and impacts for the local community. At a community level we endeavour to link our projects into a range of Government Strategies and initiatives including the Programme for Government, the Anti-poverty Strategy, Children and Young Peoples Strategic Partnership, People and Place strategy, Family Support Hub, Surestart and numerous Department of Economy, Department of Coinmunity and Belfast City Council initiatives. In the coming year, we are delighted to be part of the Casement Park Community Engagement Forum, which will hopefully see the completion of the Casement Stadium, a huge economic boost for the Greater Andersonstown area. As stated above, UACF had another successful year, delivering real and significant benefits to the community. particularly those in most need, who have benefitted significantly from our 'ln house" advice and support clinic. In spite of the many challenges facing the sector, UACF has continued to provide high quality services and programmes that make a measurable difference to the lives of our residents and those seeking support from our neighbouring communities. The Tullymore Community Centre is the main community centre within the Greater Andersonstown area. Our strength is local people who are ￿llY committed to delivering and maintaining social and economic changes within the area. The community engages and participates in the design, delivery and evaluation of all of the UACF projects and they are represented on the Board of Directors of the UACF. Each Project is carefully planned, secking the opinions of local people and other relevant stakeholders by involving them in a consultation process that will help them contribute to and participate in decision-making about the types of services that would make a difference to their lives. We have proven that not only do we deliver, but we also exceed our targets, achieve our outcomes, are better placed and more cost effective than many Government funded schemes. The UACF are members of the Equality Commission, a registered umbrella centre for Access N.I. and the Lead and Accountable Agency for the Andersonstown Neighbourhood Partnership Board. We also sit on the Board of the West Belfast Partnership Board and are playing a consultative role with all local Housing providers on the development of the Glenmona Social Housing project. The Glen View Development (Radius) and on providing support for the Blacks Gate Development FINANCIAL REVIEW Financial position The company had net outgoing resources for the year of £141,414 (2023.. net incoming resources of £13,999, which reflected the completion of a number of projects during the year. Unrestricted funds decreased by £7,524, while restricted funds decreased by £133,890. The charity continues to work tirelessly to secure income from sources in addition to its grant funding to provide new or complementary programmes, services and venues that meet emerging local needs but cannot be funded through the core budget that has been reducing in real terms for the last three years. These additional sources of funding are grants received from various bodies as disclosed in note 4 in the financial statements. 14 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 FINANCIAL REVIEW Relevant Agencies and Partnerships Department for Communities Belfast City Council Belfast Health and Social Care Trust The N.1. Executive Office (Communities in Transition) Health and Social Care commissioning Belfast Trust's Community Development, Health Improvement and User Engagement Strategy Belfast City Council and Community Planning Partnership Education Authority Neighbourhood Renewal Forum Surestart Family Support Hub Community Investment Fund Local Primary and Post Primary's (9) National Energy Agency Financial Review The charity continues to work tirelessly to secure income from sources in addition to its grant funding to provide new or complementary programmes, services and venues that meet emerging local needs but cannot be funded through the core budget which has been reducing in real terms for the last three years. These additional sources of funding are grants received from various bodies as disclosed in note 3 in the financial statements. 15 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 FINANCIAL REVIEW Reserves policy UACF'S reserves policy is to maintain a sufficient level of reserves to enable operating activities to be maintained for a period of at least six months in the event of major funding streams ending. It also takes account of potential risks and contingencies that may arise from time to time. The Directors review the policy annually. UACF'S total unrestricted reserves include its designated fund and is consequently excluded from free reserves. In addition, amounts are set aside to meet financial risks associated with potential contingencies and uncertainties relating to the charity's operating activities. These include.. The provision for an orderly winding-down of operations in the event of a significant adverse event that is outside the control of the charity. The funding of unforeseen major projects that have not bcen provided for in the normal financial planning process. The unrestricted reserves of the charity are designated and allocated to meet the above risks and contingencies and are summarised in our annual audited accounts. Voluntary and comrnunity sector organisations that hold reserves are able: To absorb set backs and to take advantage of change and opportunity. To demonstrate that they have thought through how they might secure their viability beyond the immediate future and provide reliable services over the longer term. To demonstrate to potential funders that they are effectively managing their resources and havc given consideration to their long-term plans and viability. How secure is the organisation's present funding. How long would it take to find alternative sources of funding. If the organisation had to close, how long would it take to wind up in an orderly manner? What costs could be involved in winding up. Consider: redundancy Costs, legal and accountancy costs defined benefit pension scheme (see Charity Commission guidance on Reserves and Defined Benefit). This will centre on identifying, cash flow implications, the time to the expiry of leases on property and office equipment. As a general guide (the following should not be applied without due consideration of the circumstances in each organisation), an acceptable level of free reserve might be considered to be.. Sufficient free rcserves to provide cover for between 3 6 months in relation to known liabilities A smaller additional provision of free reserves for unforescen liabilities 16 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 FUTURE PLANS UACF will continue to work towards our strategic plan for the next 3 years. This will be a difficult process due to the current cost of living crisis and lack of an operating Stormont Executive. however, we will continue to serve and advance the aspirations of our local population. Throughout the next financial period, we will work with Department of Communities and Belfast City Council as a strategic partner, to help shape and guide local government policy in supporting residents. We will help with the support of essential needs, mental h¢alth support and delivering key services, We aim to continue to provide a first class service within our Daycare that will help support local people to continue to work and help children's to reach their key milestones. We will continue to engage with central and local government to obtain resources to support the work we provide. We will also work with our funding partners to meet our contractual obligations. Impact of Cost of Living Crisis. Throughout the year we supported all those dealing with the effects of rising fuel prices, heating costs and the rising cost of basic food items. The "cost of living crisis saw our in house numbers continue to increase, as our elderly residents sought a friendly hub, were they could keep warm, socialise and seek additional support. Our dynamic team of staff, Board and volunteers re-booted and our services to meet the additional community need, provide support toward heating and basic day-to-day needs. As throughout our organisational history, we shape our strategic vision, principles and values, to meet the most pressing community need. The development of key operational and financial plans are devised in partnership with Board members, staff and fundcrs. The plans completed will evolve and flow during the next financial period in line with government advice/guidelines, funder's requirements and operational ability. We continue to monitor and evaluate this economic crisis on a regular basis and take decisions, which are based on evidence ai hand and will do all in our power to mitigate against any negative impact upon our services, finances and staff. As Lead and Accountable Agency for the Andersonstown Neighbourhood Partnership, the UACF remains th¢ central vehicle for overseeing the delivery of the area plan. Key principles for effective delivery include: An agreed and practical plan of action that can change and respond to needs and opportunities as they arise'.- a. The ANP as a driving force for making decisions and taking actions forward. Clear communications channels are established with all stakeholders of the action plan. b. A Social Audit to ¢nsure we meet the needs of our local community With their input. c. A realistic and genuine approach to the allocation of resources and expenditure by Departments and Agencies working in the And¢isonstown area to meet the locality expressed need. d. Positive and timely monitoring of progress in relation to the actions, and appropriatc engagement with the community / funders / stakeholders where necessary. e. Ongoing engagement and involvement of the local community in the renewal process. f. Develop an action plan which will provide a clear basis for partnership delivery and buy-in from all of the stakeholders needed to deliver positive and long-terni change in Andersonstown, g. The UACF will link in with the Neighbourhood Renewal Forum through the West Belfast Partnership Board to ensure the effective delivery of area plans and consultation processes with Government initiatives. h. Deliver an area plan for developing and improving the community, economic, social and environmental infrastructure of the Andersonstown neighbourhood. i. Work with all relevant agencies (particularly and the GAA) to ensure a smooth transition, in planning and developing the Casement Park Stadium. 17 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 j. Developing an AndersonstownlGlen Wide Housing Providcrs forum, strengthening partnerships with all main Housing Providers ( Apex, Choice, Clanmil, Radius). The UACF will continue to maintain the highest standard of management, financial planning, monitoring and evaluation ensuring that all the projects and programmes continue to meet their targets and objectives while providing best value for money. The UACF complies with the Charity Commission Nl and our new charity number is NICI 05782. In terms of impacts and outcomes, we will continue to target our work on both the individual and the community. The individual outcomes will focus on increasing confidence, social cooperation, increasing the ability to avail of educational and training opportunities and strengthening family relationships. The outcomes for the community in the future will include improved social cohesion, a reduction in anti-social behaviour, more involvement of children and young people in community life, user-friendly services for young people, gains in skills and knowledge that increase employability and improved opportunities for senior citizens to engage and participate in community life. STRUCTURE, GOVERNANCE AND MANAGEMEINT Governing document Upper Andersonstown Community Forum is a company registered in N. Ireland, which was incorporated under Companies (NI) Order 1986 on 15 April 1997. The company is governed by a Memorandum and Articles of Association. The company's objectives are charitable in nature and it has established charitable status. The charitable company's activities are managed by the Directors/Trustees who are considered to be the members of the company. 18 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Board and Accountability Trustee's Appointment and Training The trustee's recruit and selc¢t new members as set out in the governing document. The Board holds annual general meeting which is open to members of the community to hear the work of the organisation. The public who agree with the values and ethos of the organisation can nominate themselves onto the Board. The Board predicates trustee's appointments on our organisational values and make new members aware of their legal responsibilities under charity and company law. Our members, induction pack outlines our Articles of Association, board structure, organisational structure, decision making processes and financial management. Our formal induction provides new board members with the information and training they need to take up their appointment as effectively as possible. Finance, Pay and Remuneration Upper Andersonstown Community Forum operates a robust financial policy and procedures which the Board regularly review and independently assess. We have clear financial management systems to ensure effective and appropriate use of spend, administering resources cost effectively, transparently and accountably with clear audit trails. All Board members give their time freely and no member received any remuneration during the year. UACF base the senior staff team's pay on the NJC Salary Scale as a guide to appropriate remuneration for all staff pay. CONCLUSION On a personal note, I would like to thank all staff, volunteers. management and local politicians and residents for their hard work, energy and comillitment in achieving the ongoing regeneration of this local area. Their expertise is to be commended and congratulated and I believe through collective teamwork we will expand in the near future to create a dynamic and safe environment for all local people. 19 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management & analysis The UACF Risk Analysis is a process that enables us to identify and manage potential problems that could undermine key initiatives and projects.Senior staff members carry out a risk analysis which identifies the possible threats that we face, and then estimate the likelihood that these threats will materialize. Risk Analysis is used when we are planning projects, to help identify threats, anticipate and neutralize possible problems. This enables us to check the systems, processes, structures and analyze risks to any part of these. Building on improving people's lives is a continual, ever changing, journey that will not end. This is the reason wliy Capacity building is central to community development. Continual learning and keeping your eye on the ball in terms of the raft of strategies and statutory obligations is again central to consolidation and expansion of community regeneration. We continue to forward plan and we plan to review our Neighbourhood Renewal Plan, The Networks we have collectively built up over the years are central to future survival of all community led organisations within West Belfast. Securing funding for much needed services within the community take priority and to this effect it is our firm belief that as part of the wider social economy within West Belfasl, and as lead partner of the Andersonstown Neighbourhood Partnership, we will collectively continue to make a positive and ongoing contribution to community, economic and social development. Risk Management The UACF have a long track record of successful Management and operate a Financial Management System based on NIO audit and ESF guidelines and criteria. The UACF Directors ar¢ local people with the necessary experience and knowledge to act in the best interest of the organisation and community. The Forum's policies and procedures are essential elements tn the day-to-day management of the organisation. These are revised and updated on a regular basis ensuring that all Management, Staff, Volunteers and participants share codes of good practice. The UACF has a risk management policy which forms the basis of our approach. Internal review systems are a necessary pre-requisite for each project as risks can be associated with the implementation of any project. Risks are minimised through establishing a fall back, plan which is both flexible and adaptable. For example, the target number of participants may fall short or the project may have difficulties in meeting the timescale. Monthly monitoring can identify gaps, and these can be addressed when required. Internal and external communications through meetings, weekly and quarterly reports, reviews will ensure thc project information is shared and decisions are made on a collcctive basis. SMART objectives will be established for the proj¢ct. Monitoring criteria will be implemented at the start of the project, both quantitative and qualitative targets for achievement will be set. Targets will be set against objectives and be measured and reviewed by the Project Management Team on a monthly basis. Through monitoring and evaluation mechanisms, the number of people using and benefiting from the project will be recorded. Satisfaction levels will be quantified through continuous feedback sessions. In addition, the views of people are collated by using questionnaires, surveys and interviews. Internal evaluations assist the team develop methods that assess the impact of each project in the short, medium and long term. We have in place registers to collect details of attendance and we identify baselines and match individual learning plans to needs of each participant. 20 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERINANCE AND MANAGEMENT Quantitative results will be monitored e.g. numbers attending. numbers entering employment or further training, numbers of women or other target groups participating etc. Qualitative results will be monitored through recording soft outcomes such as increased confidence, changes in attitude and social skills development. EVENTS SINCE THE END OF THE YEAR Information relating to events since the end of the year is given in the notes to the financial statements. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Upper Andersonstown Community Forum Ltd for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charity SORP. make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant audit information of which the charitable company's auditors are unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditors, Lynn Drake & Co Ltd. will be proposcd for rc-appointment at the forthcoming Annual General Meeting. 21 er Andersonstown Communi Forum Ltd ort of the Trustees for the Year Ended 31 March 2024 This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 7 November 2024 and signed on its behalf by.. Barney Kane - Trustee 22 ort of the Inde endent Auditors to the Trustees aDd Members of er AndersonstoTrYn Communi Forum Ltd Opinion We have audited the financial statements of Upper Andersonstown Community Forum Ltd (the 'charitable company,) for the year ended 31 March 2024 which Comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), includlng Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements: give a true and fair view of the state of the charltable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ereland and have been prepared in accordance with the requiremcnts 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 Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company 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 in note 17 to the financial statements, 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. Conclusions relating to going concer In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate, Based on 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 charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 23 ort of the Inde endent Auditors to the Trustees and Members of er Andersonstown Communi Forum Ltd Other information The trustees are responsible for the other inforniation. Thc other information comprises the infomiation included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appcars to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial stateinents themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on Ivhieh we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where 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 trustecs, remuneration specified by law are not made- or we have not received all the information and explanations we require for our audit. 01 the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determin¢ is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsibl¢ for assessing the charitable company's ability to continue as a going concern, disclosing. as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. 24 ort of the Inde endent Auditors to the Trustees and Members of er Ander50nstown Communi Forum Ltd Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The cxtent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Based on our understanding of the company and industry, we identified the principal risks of non-compltance with laws and regulations as those that have a direct impact on the determination of material amounts and disclosures in the financial statements. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements and determined that the principal risks related to revenue recognition. We communicated the identified laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. Audit procedures performed included, but were not limited to.. Discussions with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud. Reviewing the financial statement disclosures and testing to supporting documentation. R¢view of board meeting minutes of those charged with governance; In addressing the risk of fraud through management overide of controls, testing the appropriateness of journal entries and other adjustments. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also'.- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement 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 und¢istanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstanccs, but not for the purpose of expressing an opinion on the effectiveness of the charities internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustecs. Perform analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement duc to fraud or error. 25 ort of the Inde endent Auditors to the Trustees and Members of er Andersonstown Communi Forum Ltd 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 uncertainty exists related to events or conditions that may cast significant doubt on the charities ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However. future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure, and content of the financial statements, including the disclosures and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charge with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including significant deficiencies in internal control that we identify during our audit. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable company'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 to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other th the charitable company and the charitable company's mcmbers as a body, for our audit work. for this rep e opinions we have formed. Billy Drake (Senior Statutory Auditor) for and on behalf of Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE 7 November 2024 26 er Andersonstown Communi Forum Ltd Statement of Financial Activities Incor oratin an Income and Ex for the Year Ended 31 March 2024 enditure Account 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Charitable activities Grants Receivable 41,001 492,098 533,099 1,012,837 Other trading activities Other income 221,351 221,351 263,457 500 Total 262,352 492,098 754,450 1,276,794 EXPENDITURE ON Cbaritable activities Direct Charitable Expenses Governance 265,719 4,157 625,988 891,707 4,157 1,234,911 27,884 Total 269,876 625,988 895,864 1,262,795 NET INCOMEI(EXPENDITURE) (7,524) (133,890) (141,414) 13,999 RECONCILIATION OF FUNDS Total funds brought forward 407,041 291,549 698.590 684,591 TOTAL FUNDS CARRIED FORWARD 399,517 157,659 557,176 698,590 The notes form part of these financial statements 27 er Andersonstown Communi Forum Ltd Statement of Financial Position 31 March 2024 31.3.24 31.3.23 Notes FIXED ASSETS Tangible assets 10 191,346 247,460 CURRENT ASSETS Debtors Cash at bank 74,008 308,186 9,667 469,398 382,194 479,065 CREDITORS Amounts falling due within one year 12 (16,364) (27,935) NET CURRENT ASSETS 365,830 451,130 TOTAL ASSETS LESS CURRENT LIABILITIES 557,176 698,590 NET ASSETS 557,176 698,590 FUNDS Unrestricted funds Restricted funds 14 399,517 157,659 407,041 291,549 TOTAL FUNDS 557,176 698,590 These financial statements have been prepared in accordance with the provisions applicable to charitable coinpanies subject to the small companies regim¢. The financial statements were approved by the Board of Trustees and authorised for issue on 7 November 2024 and were signed on its behalf by: Barney Kan Trustee Gerard Meehan - Trustee The notes form part of these financial statements 28 er Andersonstown Communi Forum Ltd Statement of Cash Flows for the Year Ended 31 March 2024 31.3.24 31.3.23 Notes Cash flows from operating activities Cash generated from operations (161,212) 137,776 Net cash (used in)/provided by operating activities (161,212) 137,776 Cash flows from investing activities Purchase of tangible fixed assets Sale of tangible fixed assets (5,157) 500 Net cash provided by/(used in) investing activities (4.657) Change in cash and cash equivalents ID the reporting period Cash and cash equivalents at the beginning of the reporting period (161,212) 133,119 469,398 336,279 Cash and cash equivalents at the end of the reporting period 308,186 469,398 The notes form part of these financial statements 29 er Andersonstown Communi Forum Ltd Notes to the Statement of Cash Flows for the Year Ended 31 March 2024 RECONCILIATION OF NET (EXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Net (expenditure)lincome for the reporting period {as per the Statement of Financial Activities) Adjustments for: Depreciation charges Profit on disposal of fixed assets (Increase)/decrease in debtors (Decrease)lincrease in creditors (141,414) 13,999 56,114 56,162 (500) 49,047 19,068 (64,341) (11,571) Net cash (used in)Iprovided by operations (161,212) 137,776 ANALYSIS OF CHANGES IN NET FUIYDS At 114123 Cash flow At 3113124 Net cash Cash at bank 469,398 (161,212) 308,186 469,398 (161,212) 308,186 Total 469,398 (161,212) 308,186 The notes form part of these financial statements 30 er Andersonstown Communi Forum Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements (a) General information and basis of preparation Upper Andersonstown Community Forum Ltd is constituted as a company limited by guarantee incorporated in Northern Ireland (Nl 032258). In the event of the charity being would up, the liability in respect of the guarantee is limited to £1 per member of the charity. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charitics-. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice as it applies from l January 2015. The financial statements are prepared on a going concern basis under the histortcal cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. (b) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set asidc by the trustees for particular purposes, The aim and use of ¢a¢h designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Further explanation of the nature and purpose of cach fund is included in the notes to the financial statements. (c) Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial statements For donations to be recognised the charity will hav¢ been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obiained then income is deferred until those conditions are fully met or the fuifilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities (SOFA) when receivable. Income received from collections is recognised when received. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to th¢ charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or th¢ legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchangc for supplying goods and services in ord¢r to raise funds and is recognised when entitlement has occurred. The charity receives government grants which are detailed within the notes to these financial statements. Income from government and other grants are recognised at fair value when the charity has entitlement after any pcrformance conditions have been met, it is probable that the income will be receiv¢d and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. (D) Expenditure recognition All expenditure is accounted for on an accruals basis, inclusive of VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is p.robable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings- Costs of raising funds includes the costs assoclated with attracting voluntary incomes. Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its activities and services for its beneficiarics. It includes both costs that can be allocated directly to such activities and those Costs of an indirect nature necessary to support them. and Other expenditure represents those items not falling into the categories above. Irrecoverable VA T is charged as an expense against the activity for which expenditure arose. 32 continued... er Andersonstoivn Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continued Basis of preparing the financial statements Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. (e) Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on an insert detail basis and other overheads have been allocated on a basis consistent with the use of resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. (D Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixcd assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows.. New Building Fixtures & Fittings Minibus 40/0 Straight Line 20 % Straight Line 20% Straight Line (g) Financial Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provision of the instrument. Basic financial instruments are initially recognised at the amounts receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expccted to be paid or relived and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the 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 impairment. 33 continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continued Basis of preparing the financial statements Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value with any changes recogniscd in the statement of financial activities, with the exception of hedging instruments in a designed 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 is 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 the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognis¢d. (h) Impairment Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is Carried at a revalued amount where the impairment loss is a revaluation decrease. (i) Provisions Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. ti) Leases Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors. Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. (k) Tax 34 continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements- conlinued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continued Basis of preparing the financial statements No provision is required for taxation as the company is defined as a charity for taxation purposes. The charity is a registered charity and so such is entitled to certain tax exemptions on income and profits from investments and surpluses on any trading activities carried on in furtherance of the charity's prirnary objectives, if these profits and surpluses are applied solely for charitable purposes. (l) Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. (m) Accounting estimates and areas of judgement The preparation of the financial statements requires management to make judgements, estimates and assumptions 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 reasonable under the circumstances. The items in the financial statcmcnts where these judgements and estimates have been made include.. (i) estimating the useful economic life of tangible fixed assets (li) property valuation (iii) allocation of expenditure and support costs Taxation The company is a registered charity and so such is entitled to certain tax exemptions on income and profits from invcstm¢nts and surplus¢s on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. Fund accounting The Charity has various types of funds for which it is responsible, and which require separate disclosure. These are as follows: Restricted Funds Grants or donations received, which are earmarked by the donor for specific purposes within the overall aims of the organisation. Unrestricted Funds Funds which are expendable at the discretion of the Directors in furtherance of the objects of the charity. Such funds may be held in order to finance capital investment and working capital. Pension costs and other post-retirement benefit5 The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 35 continued. er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Shop income Vetting Income BHSCT Sponsored Daycare Crèche Fees Tutors & Training Insurance Proceeds Fundraising & Donations CIT Health Wellbeing 156 228 57,173 180,108 7,073 4,500 8,179 6,040 1,004 60,643 125,463 14,598 10,981 8,662 221,351 263,457 INCOME FROM CHARITABLE ACTIVITIES 31.3.24 31.3.23 Activity Grants Receivable Grants 533,099 1,012,837 Grants received, included in the above, are as follows.. 31.3.24 31.3.23 Children in Need Awards for All re Youth Belfast City Council re Revenue Belfast City Council re Summer Scheme Belfast City Council re Festival West Belfast Partnership Board Belfast Health And Social Care Trust Brightstart Education Authority - Belfast Region Henry Smith Big Lottery - New Youth Account Early Years Pathway Fund - Covid Grant Department for Communities - Infrastructure Department For Communities - Education Department For Communities - Job Start BHSCT Home Help Active Community Network CIT Community Safety Department for Communities - Running Costs Department for Communities - Investment Fund Pathways Fund Keep Northern Ireland Beautiful Belfast City Council - Medium Clear Project 21,788 10,000 41,001 11,624 18,000 85 1,760 76,790 15,733 67,451 87,000 30,953 10,167 108.776 59.347 4,577 71,346 51,487 2,400 16,411 60,820 29,904 2,972 3,968 2,736 12,162 63,605 58,100 114,631 75,517 107,000 29,981 4,684 Carried forward 528,305 744,471 36 continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 INCOME FROM CHARITABLE ACTIVITIES - continued 31.3.24 31.3.23 Brought forward Belfast City Council Cost of Living Belfast City Council - Small National Energy Action 528.305 744,471 267,866 500 4,794 533,099 1,012,837 CHARITABLE ACTIVITIES COSTS Support costs (see note 5) Direct Costs Totals Direct Charitable Expenses Governance 877,551 14,156 4,157 891,707 4,157 877,551 18,313 895,864 SUPPORT COSTS Governance costs Direct Charitable Expenses Governance 14,156 4,157 18,313 NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after chargingl{crediting): 31.3.24 31.3.23 Accountancy Fee Audit Fee Depreciation - owned assets Surplus on disposal of fixed assets 2,940 3,000 56,114 2,880 3,000 56,162 (500) 37 continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS 31.3.24 31.3.23 Wages and salaries Social security costs Other pension costs 578,496 23,983 12,442 627,406 32,934 24,856 614,921 685,196 The average monthly number of employees during the year was as follows: 31.3.24 32 31.3.23 35 Management & Administration No employees received emoluments in excess of £60,000. The key management personnel of the charity comprise of the Chief Executive Officer and Senior management team. The salarics paid to key management personnel being the Chi¢f Executive Officer, Centre Manger, Programme and Childcarc Co-ordinators and Finance Manager, during the year totalled £129,594 (2023.. £121,431). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Charitable activities Grants Receivable 1,012,837 1,012,837 Other trading activities Other income 263,457 500 263,457 500 Total 263,957 1,012,837 1,276,794 EXPENDITURE ON Charitable activities Direct Charitable Expenses Governance 176,192 27,884 1.058,719 1,234,911 27,884 38 continued. er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted Total funds funds funds Total 204,076 1,058,719 1,262,795 NET IINCOMEI(EXPENDITURE) 59,881 (45,882) 13,999 RECONCILIATION OF FUNDS Total funds brought forward 347,160 337,431 684,591 TOTAL FUNDS CARRIED FORWARD 407,041 291,549 698,590 10. TANGIBLE FIXED ASSETS Fixtures and fittings New Building Totals COST At l April 2023 and 31 March 2024 1,211,040 316,200 1,527,240 DEPRECIATION At l April 2023 Charge for year 981,405 48,442 298,375 7,672 1,279,780 56,114 At 31 March 2024 1,029,847 306,047 1,335,894 NET BOOK VALUE At 31 March 2024 181,193 10,153 191,346 At 31 March 2023 229,635 17.825 247,460 39 continucd... er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade debtors Brightstart Department for Communities BHSCT Prepayments 11,943 5,181 3,847 58,495 2,660 910 639 74,008 9,667 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade creditors Accruals and deferred income 375 15,989 1,441 26,494 16,364 27.935 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted funds funds Fixed assets Current assets Current liabilities 25,412 390,469 (16,364) 165,934 (8,275) 191,346 382,194 (16.364) 247,460 479,065 (27,935) 399,517 157,659 557,176 698,590 40 continued..- er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUINDS Net movement in funds At 3113124 At 114123 Unrestricted funds General fund Designated Fund 327,041 80,000 (7,524) 319,517 80,000 407,041 (7,524) 399,517 Restricted funds Capital Grant Fund Belfast City Council - Capital Education Authority - Belfast Region Henry Smith Big Lottery - New Youth Account Big Lottery Awards for All - Capital Big Lottery new Youth Account- Capital Community Fund - Capital Halifax for Northern Ireland - Capital Rural Community Network - Capital Tudor Trust - Capital BHSCT Home Help 196,430 800 10,833 29,000 3,886 2,709 (46,061) (400) (10,833) (29,000) (3,886) (480) 150,369 400 2,229 3,200 3,192 139 792 2,000 38,568 (1,600) (1,596) (70) (396) ( 1,000) (38,568) 1,600 ,596 69 396 1,000 291,549 (133,890) 157,659 TOTAL FUNDS 698,590 (141,414) 557,176 41 continued.-. er Andersonstown Communi Forum Ltd Notes to the Financial Statements- continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 262,352 (269,876) (7,524) Restricted funds Capital Grant Fund Awards for All Belfast City Council re Summer Scheme Brightstart Belfast City Council - Capital Education Authority - Belfast Region Henry Smith Big Lottery - New Youth Account Big Lottery Awards for All - Capital Big Lottery new Youth Account - Capital Community Fund - Capital Halifax for Northern Ireland - Capital Rural Community Network - Capital Tudor Trust - Capital Department for Communities - Infrastructure Department For Communities - Education BHSCT Home Help Department for Communities - Investment Fund Pathways Fund Clear Project National Energy Action (46,061) ( i 0,000) {46,061) i 0,000 11,624 12,162 (11,624) (12,162) (400) (74,438) (87,100) (3,886) {480) (400) (10,833) (29,000) (3,886) (480) 63,605 58,100 (1,600) (1,596) (70) (396) ( 1,000) (1,600) (1,596) (70) (396) ( 1,000) 114,631 (114,631) 75,517 (75.517) (38,568) (38,568) 107,000 29,981 4,684 4,794 (107,000) (29,981) (4,684) (4,794) 492,098 (625,988) (133,890) TOTAL FUNDS 754,450 (895,864) (141,414) 42 continued,- er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds Transfers between funds At 3113123 At 114122 Unrestricted funds General fund Designated Fund 307,160 40,000 59,881 (40,000) 40,000 327,041 80,000 347,160 59,881 407,041 Restricted funds Capital Grant Fund Volunteer Now Brightstart Belfast City Council - Capital Volunteer Now Utopia- Self funded Education Authority - Belfast Region Henry Smith Big Lottery - New Youth Account Big Lottery Awards for All - Capital Big Lottery new Youth Account - Capital Community Fund - Capital Halifax for Northern Ireland - Capital Rural Community Network- Capital Tudor Trust - Capital Covid Food Donations Belfast City Council - Covid Grant Covid Pathway Fund Department for Communities- Infrastructure Education Authority - TBUC Community Fund Bike Shelters Education Authority - Capacsty BHSCT Home Help 242,491 75 10,197 1,200 400 1,337 (46,061) (75) (10,197) (400) (400) (1,337) 10,833 2,397 (19,691) (480) 196,430 800 10,833 29,000 3,886 2,709 26,603 23,577 3,189 4,800 4,788 209 1,188 3,000 1,793 2,410 1,281 (1,600) (1,596) (70) (396) (1,000) (1,793) (2,410) (1,281) 3,200 3,192 139 792 2,000 2,653 753 3,150 2,337 (2,653) (753) (3,150) (2,337) 38,568 38,568 337,431 (45,882) 291,549 TOTAL FUNDS 684,591 13,999 698.590 43 continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 263,957 (204,076) 59,881 Restricted funds Capital Grant Fund Children in Need Belfast City Council re Revenue Belfast City Council re Festival Volunteer Now West Belfast Partnership Board Belfast Health and Social Care Trust Brightstart Belfast City Council - Capital Volunteer Now Utopia- Self funded Education Authority- Belfast Region Henry Smith Big Lottery - New Youth Account Big Lottery Awards for All - Capital Big Lottery new Youth Account - Capital Community Fund - Capital Halifax for Northern Ireland - Capital Rural Cominunity Network - Capital Tudor Trust - Capital Early Years Pathway Fund - Covid Grant Covid Food Donations Belfast City Council Covid Grant Covid Pathway Fund Department for Communities - Infrastructure Department For Communities - Education Department For Communities- Job Start Education Authority - TBUC Community Fund Bike Shelters Education Authority - Capacity BHSCT Home Help Active Community Network CIT Community Safety Department for Communities - Running Costs (46,061) (21,788) (18,000) (85) (75) (1,760) (76,790) (25,930) (400) (400) (1,337) {56,618) (84,603) (50,644) (480) (46,061) 21,788 18,000 85 (75) 1,760 76,790 15,733 (10,197) (400) (400) (1,337) 10,833 2,397 (19,691) (480) 67,451 87,000 30,953 (1,600) (1,596) (70) (396) ( 1,000) (1,600) (1,596) (70) (396) ( 1,000) 10,167 (10,167) (1,793) (2,410) (1,281) (1,793) (2,410) (1,281) 108,776 (111,429) (2,653) 59,347 (59,347) 4,577 (4,577) (753) (3,150) (2,337) (32,778) (51,487) (2,400) (753) (3,150) (2,337) 38.568 71,346 51,487 2,400 16,411 (16,411) 44 continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements- eontinued for the Year Ended 31 March 2024 14. MOVEMEINT IN FUNDS - continued Department for Communities- Investment Fund Pathways Fund Keep Northern Ireland Beautiful Belfast City Council - Medium Clear Project Belfast City Council Cost of Living Belfast City Council - Small 60,820 29,904 2,972 3,968 2,736 267,866 500 (60,820) (29,904) (2,972) (3,968) (2,736) (267,866) (500) 1,012,837 (1,058,719) (45,882) TOTAL FUNDS 1,276,794 (1,262,795) 13,999 15. CONTINGENT LIABILITIES A contingent liability exists to repay grants received should certain conditions not be fulfilled by the charity. 16. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. 17. FRC ETHICAL STANDARD- PROVISIONS AVAILABLE FOR SMALL ENTITIES In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. 18. POST BALANCE SHEET EVENTS There were no events after the reporting period therefore no material issues need disclosed. 19. DESIGNATED FUNDS In accordance with best practice the company directors have agreed a comprehensive reserves policy, As such, the designated fund is the result of the company's strategic obj¢ctiv¢ to establish reserves which can be used to fund future expenditure on refurbishment or replacement of capital items. Such capital items include the new lift, toilets and safety and disability doors.. The aim is also to provide sufficient funds to cover any working capital requirements associated with receiving grant funding in arrears, any unforeseen costs which may arise, as well as allowing for the payment of any liabilities which would arise should the company cease to operate. Although Upper Andersonstown Community Forum may not be in a position to maintain this level of r¢serves at a particular point in time, it will strive to achieve a reserve which equates to this level. 45 continued... er Andersonstown Communi Forum Ltd Notes to the Financial Statements- continued for the Year Ended 31 March 2024 19. DESIGNATED FUNDS - CODtinued Designated funds are transferred from Unrestricted funds and are made up as follows - Fund Transfer 3110312024 3110312023 Contingency Building Reserves 80,000 80,000 Total 80,000 80,000 20. WINDING UP Every member of the Company undertakes to contribute to the assets of the Company, in the event of the same being wound up while it is a member, or within one year after it ceases to bc a Inember, for payment of the debts and liabilities of the Company contracted before it ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributor's among themselves, such amount as may be required not exceeding one pound. 21. SHARE CAPITAL The Company is limited by guarantee and has no Share Capital 46 er Andersonstown Communi Forum Ltd Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND EI¥IDOWMENTS Other trading activities Shop income Vetting Encome BHSCT Sponsored Daycare Crèche Fees Tutors & Training Insurance Proceeds Fundraising & Donations CIT Health Wellbeing E56 228 57,173 180,108 7,073 4,500 8,179 6,040 1,004 60,643 125,463 14,598 10,981 8,662 221,351 263,457 Charitable activities Grants 533,099 1,012,837 Other income Gain on sale of tangible fixed assets 500 Total incoming resources 754,450 1,276,794 EXPENDITURE Charitable activities Wages Social security Pensions Water Rates Insurance Light and heat Telephone & Internet Postage and stationery Publicity & Advertising Sundries Kepair to Premises & Equipment Transport & Minibus Costs Donations Hospitality & Cleaning Grant Income Refunded Volunteer & Researchers Exp Staff Travel Carried forward 578,496 23,983 12,442 3,946 9,267 51,715 5,500 2,711 1,428 ,917 26,412 16,351 627,406 32,934 24.856 2,853 9,392 39,010 5,273 1,608 1,194 172 29,579 10,076 1,300 20,047 2,654 892 620 809,866 7,767 3,371 745.306 This page does not form part of the statutory financial statements 47 er Andersonstown Communi Forum Ltd Detailed Statement of Financial Activities for the Year Ended 31 Mareh 2024 31.3.24 31.3.23 Charitable activities Brought forward Training Tutors/ Facilitators Play Resources, Activities & Materials Affiliation & Membership fees Rental Costs Food Covid Emergency Food Distrubution Repaid to Funder Outreach Work Local Projects Hire of Equipment Staff Cost of Living Depreciation of New Building Depreciation of Equipment 745,306 809,866 9,620 38,093 25,716 1,691 500 6,666 268,900 22,269 4,070 1,756 2,051 3.424 10,991 6,406 300 37,161 5,400 48,442 7,672 48,442 7,720 877,551 1,234,911 Support costs Governance costs Accountancy Fee Audit Fee IT Costs Professional Fees Bank inter¢st & Charges 2,940 3.000 8,463 2,117 I,793 2,880 3,000 6,541 13,540 1,923 18,313 27,884 Total resources expended 895,864 1,262,795 Net (expenditure)lincome (141,414) 13,999 This page does not form part of the statutory financial statements 48