COMPANY REGISTRATION NUMBER: N1038175 CHARITY REGISTRATION NUMBER: NIC105833 The Men's Advisory Project Company Limited by Guarantee Financial Statements 31 March 2024 Chartered accountants & statutory auditor 22 Great Victoria Street Belfast BT2 7BA
The Men's Advisory Project Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members Statement of financial activilies (including income and expenditure account) Statement of financial position Notes to the financial statements 13 14 15
The Men's Advlsory Project Company Llmited by Guarantee Truslees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 The trustees, who are also the directors lor the purposes ol company law, present their report and the financial statements of thg charity lor the year ended 31 March 2024. Reference and administratlve details Registered charity name Charity registratlon number The Men's Advisory Project NIC105833 Company reglstration number N1038175 Principal office and registored Floor 5 office Glendinning House 6 Murray Streg1 Bellasl BT1 6DN The trustees Dr Pauling Irving Ms Margaret Mcllvenny Ms Patricia Lewsley Mooney CBE Mr Peter McGowan Mr Robert Magee Mr Jake M¢Kibbin Ms Lorna Smyth Auditor Hill V8llacott Chartered accounlanls & slalulory audllor 22 Great Victoria Street Belfast BT2 7BA Bankers Go-0ratiVe Bank PO Box 250 Dell House Soulhway Skelmgrsdale WN8 6WT
The Men's Advlsory Project Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Director's Report) (¢oDtlnued) Year ended 31 March 2024 Structure. govemanee and management The Charty is a chariiable company limited by guarantee and was sel up on 22 March 2000. k is governed by a memorandum and articles of association. On appointment new Iruslees are brigled on their legal obligations under charity and company law, the eonlenl ol the cc>nstilulion, the cgmmillee and decision making processes. Risk management Where appropriate, systems or procedures have be9n established to mS1igate the risks the trust tace by the trustees. Internal control risks are minimised by the implemenlalion of procedures lor authortsalion ol all transactions and projects. Objecllves and activities The Charity's main aims and objectives are.. lo make things better at home lor men who have experience or are experiencing domestic and sexual abuse; to provide support and facililale men to understand their options and make their own cholees and decisions.. lo pul men in touch with organisalions that can help Ihern further., to oller crisis intervention and support lo men living in or when leawng domestically abuswe r8lationships', lo oller support and counselling services to men who have previously left a violent or abusive relationship and who are still experiencing the effects., to oller a fange ol services lo men and women who want assistance and support to deal with their emotions post lacing domestic abuse and experiencing the systems and setvices available to support their gendered needs PDSI abuse., to offer a voice lo men who have used our services and lo male victims ol domestic abuse in Northein Ireland. We guarantee to support male victims lo have a voice and have their experiences heard at all levels ol govgrnmenl by ensuring that they are part ol the Men's Advisory Project at all levels from volunteer to Board Member and inforrn our decision maknng.
The Men's Advisory Project Company Llmlted by Guarantee Trustees. Annual Report (Incorporating the Dlrector's Report) (eonithu6dJ Year ended 31 March 2024 Strategic report The following sections lor achievements and performance and financial roview form the strategic report ol the ¢harily. Achievements and pertormance Over the past year The Men's Advisory Project has continued to work as th8 lead. specialist agency supporting men who have laced abuse in Northern Ireland. The requirgment from services post the Covid pandemic saw only a limited reduction. We worked hard lo follow and administer BACP guidelines and develop safe processes, policies and procedures lo support and upskill our counsollors lo work safely online and via telephone and as they returned lo ollering serwces lace lo lace. Service user numbers have continued al a high level in all areas ol the country, due lo the continued dedication ol slafl and volunteers and the excellent network ol other agencies. both slalulory and communlly and voluntary. that we work with each day lo ensure male victims and survivors have spgcialisl and quality assured services to support their wide-ran9ing needs. We have seen an Increase in service users who have laced inlra-lamilial domestic abuse and we worked hard lo understand Ihls sligmatised and hard to reach group. Especially we havB begun the work lo support younger men who have laced domestic abuse their enlirg live5 and hav9 had limited support tor this trauma or in how lo manage their lives without support outside these homes. Outreach lully qualified volunteer counsellors work in each Trust area in Northern Ireland and are supported by coordinators in the Western Trust and Bellasl areas. Support required by men from rural areas was at the highest since our inception and we have learned that a blended approach lo service delivery will continue to support men who live lar from other ServiS. Supwrt from the PCSPS allowed us io support this additional work and we musl thank them lor their understanding and sUPPOrt as we further develop services lo men and offer them the security ol information regarding legal Services and being part of a safer community. The Men's Advisory Project has been rated very good or excellent by the majority ol its service users and we wish lo uphold this standard in Coming years. Lack ol support by the Northern Ireland Housing Executive via Supporting People means we are unable lo provide floating support and outreach services lo men lacing homelessness due lo ¢*imestic abuse. This prevents us from having the abilily lo carry out the dedicated work required lo support traumalised and homeless men who have faced abuse. We are bereli that men who are homeless due to abuse being placed into mixed use Hostels wilhoul dedicalgd and specialist support and we cannot understand the ineqtjalily ol support lor those abused men and their lamilies who are homeless or at risk ol losing their tenancies due lo domestic abuse. This dillerence in provislon is one we will examine with others as the year progresses.
The Men's Advisory Project Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (conlinued) Year ended 31 March 2024 The majority ol men we support are in Crisis, still living with their abLJser oi lacing extensive dangerous post separation abuse. The tnen therefore initially require a sale space where they can receiv8 informed. non-judgemenlal services ol Crisis support to allow them lo understand and explore their options and lo risk assess and safely plan to exit the relationship andlor Iwe safely with their children. These men ollen require Iherapeullc support trom the first call and we have been responsive to lo these needs, ensuring only Th)unsellors are employed in the Charity. This year we provlded 4221 counselling hours and supported 1011 men across all of Northern Ireland Sn locussed and dedicated 1- 2-1 support... Wilhoul the support ol volunteer counsellors and specialist support workers Northern Ireland would not have a service lor male victims ol abuse. We thank them wholeheartedly. This lack ol funded service provision is a disgrace, ean only show dedication lo inequality and is something lor our Assembly to lace in the upcoming years. In this yeai the Men's Advisory Project supported Government in Advi50ry Groups, Dorngsllc and Sexual Violence Partnerships, Consullalions and Operational Boards. We put the needs and voice of male victims ol domestic and sexual abuse into all arenas. Importantly, we represent the needs of men who have lost their lives lo Domestic Homi¢ido and represent the learning needs and inject the voice ol the male victim into each Domestic Homicide Panel convened lo support a man who lost hls life. This year we have lake part in six panels. We wish to thank our partner organisalions in Victim Support Northern Ireland, Nexus. Bellasl and Lisburn Women's Aid, Foe Family Justice Cenlre, Police Service ol Northern Ireland, Allslale Foundation. Northern Ireland Housing Executive the Women's Aid F9deralion, Rape Crisis Northern Ireland, Holy Trinity and Women's Support Network and the Departments of Health and Justice lor their support. Flnanclal revlew Details of the results for the year are set out in the slalemenl ol linancial activities on page 13 and the related notes. The Iruslees have rgviewed the reserves ol the Charity and strive to ensure there ale adequate resetves to cover any unforeseen expenditure in the luturg.
The Men's Advisory Project Company Limlted by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (CQfft>iinued) Year ended 31 March 2024 Plans for future perlods In 2024. The Men's Advisory Project will wnlinue lo develop the current $8rvices and will ofler further services ol education and SUPPDrt lo ensure others know more about malg victims and understand how lo better support men lacing abuse. We wSsh to become more sustainable and lo have our counselling quality assured and seek course approval. We wlll actively fund raise lo ensure that we become more robust in terms ol IT provision and seek Cyber Essentials Plus accreditation lo provide additional security to lutLre.,lunder5. We wish lo provid& additional training to, external agencies and hope to support man in a wider sense by the development of this arrn ol the Charity. The Charity attracts funding from Ihe Health and Social Care Board, the Halilax Foundation, Tudor Trust and various local Policing Community Safety Partnerships. We have bgen greatly supported by these funds to further develop services within comrnunilies. This funding has allowed men to access housing. prlmary health, civil and criminal justice and lo feel seen as victims and survivors ol abuse. We plan lo pul the voice ol male victim5 lurthor into the heart of government and work hard lo have men and their experiences better rgcognised in policy dev91opment and governmental consultation. We also wish lo develop closer links lo the Northern Ireland Housing Executive and Department of Communities lo ensure that male victims ol abuse are supported in their homelessness post abuse OT in the significant dillicullies they lace. Finally. we hope to develop closer working relationships with other significant services providing support lo those who have laced ol dDmeslic or sexual abuse to ensuie than an apparent hierarchy ol victims is removed as we move forward. We recognise that lo truly support victims we must work together as a sector to oller a wide range ol services and support mechanisms. We airn lo work in Partnership with other organisation5 to deliver SerVOS lo ensure Ihls takes placg. Trustees. responslbllltles Siatement Thg trustees. who are also directors lor the purposes ol company law, are responsible for preparing the Iruslees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Charity Iruslees lo prepare financial sla18menls lor each year which give a true and lair view ol the slate ol affairs of the charitable company and the incoming resources and application ol resources. including the income and expenditure, lor that period. In preparing these linanclal slalements. the trustees are required lo.. select suitable accounting poliaes and then apply them consistently. observe the methods and principles in the applicable Charities SORP.. make judgments and accountirg estim81es that are reasonable and prudgnt., stale whether applicable UK Accounting Standards have been lollowed, subject to any material departures disclosed and explained in the financial slatemenls. prepare the financial statements on the going concern basis unless il Ss Inappropriate to presume that the charity will continue in business.
The Men's Advisory Project Company Llmited by Guarantee Trustees. Annual Report (Incorporatlng the Direclor's Report) (eoniinuéd) Year ended 31 March 2024 The Iruslees are responsible lor keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial position of th8 charity and enable them lo ensure Ihal the financial slalements comply with the Cornpanies Act 2006. They are also responsible lor safeguarding the assets ol the charity and hence for taking reasonable steps lor the prevention and detection ol fraud and other irregularities. Auditor The trustees, annual report and the strategic report were approved on 19 Oecemb&r 2024 and signed on behalf ol the board ol Iruslees by.. Ms Trustee ia Lewsl Moo YCBE
The Men's Advisory Project Company Llmited by Guarantee Independent Auditor's Report lo the Members ol The Men's Advisory Project Year ended 31 March 2024 Opinion We have audited the financial slalements ol The Men's Advi50ry Project Ilhe 'charily'l lor the year ended 31 March 2024 which comprise the slalement ol linancial activities lincluding income and expenditure accounll, stalernenl ol financial position and the related notes, including a summary ol significant ac¢ounling policies. The financial reporting framework that has b&&n applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic ol Ireland Iuniled Kingdom Generally Accepted Accounting PractiLel. In our opinion the financial statements.. give a true and lair view of the slate ol the charity's affairs as al 31 March 2024 and of ils incoming resources and application ol resources, including ts income and expenditure. for the year then ended., have been properly prepared in accordance wf(h United Kingdom Generally Accepted Accounting Practice.. have been prepaied in accordance wrfth the requirements ol the Companies Act 2006 and the Charities Act INorthern Ireland) 2008. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities lor the audit ol the financial slalemenls section of our report. We are independent ol the charity in a¢cordance wth the ethical requirements that are relevant lo our auclit ol the financial slalemenls Sn the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibllities in accordance with these requirements. We believe that the audit evidence we have obtained is sullicienl and appropriate lo provide a basis lor our opinion. Concluslons relaling lo going concern In auditing the financial stalernents. we have concluded that the trustees. use ol the going concern basis ol accounting in the preparation ol the linancial slalemenls is appropriate. Based on the work we have performed, we have not identified any material un¢grtainlies relating lo events or conditions that. indwidually or colleclivety, may cast signrficant doubt on the charivs ability to continue as a going concern for a period ol at least twelve months from when the financial slalemenls are aulhorised lor issue. Our responsibilities and the responslbiif(ies of the trustees with respect lo going concern are descrlbed in the relevant sections ol this report.
The Men's Advisory Project Company Llmited by Guarantee Independenl Audllor's Report to the Members of The Men's Advisory Projecl fc0ni1ntJ Year ended 31 March 2024 (Xher intormalion The other information comprises the Informatlon included in the annual report. other than the financial statements and our auditor's report thereon. The trustees are responsible lor the other information. Our opinion on the financial statements does not cover the other information and, except lo the gxlenl otherwtse explicitly stated in our report, we do not express any form ol assurance conclusion Ihereon. In connection with our audil of the financial slalemenls, our responsibility is to read the other information and, in doing so. consider whether the other inloTmalion is materially inconsistent with the financial statements or our knowledge obtained in the audit or olhernise appears to be materially misstated. If we identify such material inconsistencies or apparent rnaterial misstatements, we are rgquired lo determine whether there is a material fflisstalement in the financial stalernenls or a material misstalgmenl of the other information. 11, based on the work we have pertormed, w8 conclude that there is a material mis51aletnent ol this other inlormabon, we are required lo report that fact. We have nothlng lo roport in this regard. Oplnlons on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undertaken in the course ol the audit.. the information given in the Iruslees, report for the linancSal year lor which the financial statements are prepared is consisl6nl with the IlnancSal statements- and the Irustees, report has been prepared in accordance wlh applicable legal requirements. Matters on whlch we are required to roport by exceptlon In the light ol the knowledge and understanding ol the charity and its environment obtalned in the course ol the audit. we have not identified material misslalemenls Sn the Iruslees, report. We have nothing lo report in respect ol the following matters in relation to which the Companies Act 2006 and the Charities Act INorth&rn Ireland) 2008 requires us to report lo you il. in our opinion.. adequate accounting records have not been kept, or rolurns adequate lor our audit have not been recelved from branches not visited by us.. or the linanclal statements are nol in agroement with the accounllng records and returns: or certain disclosures of trustees. remuneration specified by law are not made., or we have nol received all the information and explanations we require lor our audit.
The Men's Advisory Project Company Limlted by Guarantee Independent Auditor's Report lo the Members of The Men's Advisory Project Icontlnu8dJ Year ended 31 March 2024 Responsibilltles ot trustee$ As explained more lully in the Iru51ees' responsibilltles statement, the trustees Iwho are also the directors for the purposes ol company lawl are responsible lor the pieparalion ol the financial slalemenls and lor being satisfied that they give a true and lair view, and lor such internal control as the trustees determine Ss necessary to enable the preparation ol linancial statements that are free from material misslatemenl. whether due lo fraud or error. In preparing the financial statements, the trustees are responsible lor assessing the charity's ability lo continue as a going concern, disclosing, as applicable. rnatters related lo going concern and using the going concern basis ol accounting unless the Iruslees either intend lo liquidate the charity or to cease operations. or have no realistic akernative bul lo (k) so.
The Men's Advisory Project Company Limlted by Guarantee Independent Auditor's Report to the Members of The Men's Advisory Project (conllnued) Year ended 31 March 2024 Audltorfs responslblllties for the audit of the flnanclal statements Our objectives are to obtain reasonable assuranc& about whether the financial statements as a whole are free from material misslalemenl, whether due to fraud or error. and lo issue an audilor's report that includes our opinion. Fleasonable assurance is a high leve1 of assurance, bul is not a guarantee that an audit conducted In accordance with ISAS IUKI will always delecl a Mateal misstatement when f( exists. Misstalemenls can arise Irorn fraud or error and are considered matp.I'ial il, individually or in the aggregate, they could reasonably be expected lo influence tho gconomic decisions ol users taken on the basis of these financial slalemenls. Irregularities, includlng fraud, are instances ol non-compllance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo delecl material misslalements in respect ol irregularities. including fraud. The exlenl lo which our procedures aro capablg ol dele¢ling irregularities, including fraud is detailed below.. Our approach was as follows.. We obtained an understanding ol the legal and r8gulalory frameworks that are appli¢able lo the enlily and determined that the most significant are those that relate lo.. the chariiable slalus ol the Charity and ils registration with The Charity CommSssSon lor Northern Ireland under the Charities Act (Northgrn Ireland) 2008 atKI the Charllles Act (Northern Ireland) 2013.. compliance with the Charities SORP IFRS 1021 Isècond edition - October 20201 AccoLJnling and Rgporting by Charities.. Sialemenl ol Recommended Practice applicable lo charities preparing Ihelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republ of Ireland IFRS 10211glle¢live 1 January 20201; data protection laws lincluding UK General Data Protectlon Regulallon IGDPRII. and salgguarding ol children and young people. We assessed the risks ol malerSal misstalernent in respect ol fraud with the consideration ol: the Charity's own assessment of thg risks that irregulari118s may occur either because ol fraud or error that was approved by the trustees., the resu115 01 our enquiries of management and the trustees about their own idenlilicalion a1 assessrnent ol the risks ol irregularities- any matters we identified having obtained and revlewed the Charitvs doeumenlation ol their policies and procedures relating lo.. idenlilying. 9valualing and complying with laws and regulations and whether they were aware of any instances ol non-¢ompliance- delecling and responding lo the risks ol fraud and whether they have knowledge ol any actual, suspect9d or alleged fraud., the internal controls establlsh8d lo mthgate risks ol fraud or non-compliance with laws and regulations.. and the matters discussed among the audit engagement team regarding how and where fraud might 10
The Men's Advisory Project Company Llmlted by Guarantee Independent Audllor's Report lo Ihe Members of The Men's Advlsory Project (eanumtsdj Year ended 31 March 2024 occur in Ihe financial statements and any potential indicators ol Iraud. Based on the results ol our risk assessment we designed our audit procedures lo id¢nlily non- compliance with such laws and regulations identified above. we considered the opportunities and incentives that may exist within the charity lor fraud arKI idenlilied,Ih4¥ grealestpotential lor fraud in the argas ol tho controls cov8rjng the applic.ation ol funds lo the reslricl6,d purposes specified by the lunders and in which management is required lo exercise significant judgement, such as disclosure ol adjusting items. In common with all audits under ISAS IUKI, we are also required to perform specrfic procedures to reswnd lo the risk ol managefflenl overrid9. we also obtained an understanding ol the legal and regulatory framework that the Charity operates in. focusing on provisions ol those laws and regulations that had a direct ell8cI on the delerminalion ol material amounts and disclosures in the financial slalements. The key saws and regulations we considered in this context included Nl Charity legislation lincluding the regulator. The Charities Commission lor Northern Ireland) and the Charity SORP. in addition. we considered provisions ol other laws and regulations that do not have a direct effect on the financial slalemenls bul compliance with which may be lundatllental to the Group's ability to operate or to avoid a material penalty. This included data protection and safeguarding. Wg made enquiries ol management and those charged with governancg and reviewed minutes of the trustee's meetings and enquired about any Communtcalions with the charity regulator. Audit procedures designed lo respond lo the risks ol fraud we consldered the risk of fraud through transactions outside the normal course of transactions by noting anythiro that was unusual in nature or size and enquired about such transaction to gain an understanding ol their nature., based on the results of our risk assessment we designed our audit procedures to Klenlily and lo address material misslalements in relation to fraud and olher irregularities. we reviewed the operation of the controls within the charity over expenditure in general and ol the allocation ol expenditure to the reslricled funds and the segregation ol duties within those controls. together with subslanlive lesling and analytical review and incorporating an element ol unprediclabilily in the selection of the nature, liming and extent of audit procedures. we evaluated the selection and application ol accounting policies by the Charity, particularfy Ihosg related lo subjective measurernents, that may bg indicalivg ol Iraudulenl financial repjrting. A5 part ol an audit in accordance with ISAS IUKI, w8 exerclse professional Sudgmenl and maintain professional scgplicism throughout the audit. We also- Identify and assess the risks of material misstatement ol the financial slalements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit eviclgnce that is sufficient and apprDpriale lo provide a basis lor our opinion. The risk ol not detecting a material misslatemenl resulting from fraud is higher than lor one resulting from error, as fraud may involve collusion, forgery, intentional omissions. rnisrepresenlalions, or the override of internal control. 11
The Men's Advisory Project Company Llmiled by Guarantee Independenl Auditor's Report to the Members of The Men's Advisory Project {¢Onllttued) Year ended 31 March 2024 Obtain an understanding ol internal control relevant to the audit in order lo design audit procedures that are appropriate in the circurnstances. but not for the purpose of expressing an opinion on the ellecliveness ol the internal control. Evaluate the appropriateness ol accounting polici8s used and the reasonableness ol accounting estimates and Telated discl¢)sures made by the Iruslees. Conclude on the appropriateness ol the trustees. use ol the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related lo events or oondilions that may cast significant doubl on the charity's ability lo continue as a going eoncern. 11 we conclude that a material uncertainly exists, we are required to draw allenlion in our auditor's report lo the related disclosures in the financial slalemenls or, il such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit eviden obtained up lo the dale of our auditor's report. However. lulure events or conditions rnay cause the charity lo cease to continue as a going concern. Evaluate th9 overall presentation, structure and conlenl ol the financial slalgmenls. including the disclosures, and whether the financial statement5 represent the underfying transactions and events in a manner that achieves lair presentation. We communicate with those charged with governance regarding. among other matters, the planned scope and timing ol the audit and significant audit lindings, including any significant deficiencies in internal Control that we identify during our audit. Use of our report This report is made solely lo the charivs members, as a body, in accordance with section 65 01 Ihe Charities Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might siatg 10 the charity's Members those matters we are required to slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's members as a body, for our audlt work, lor this report. or lor the opinions we have lorrned. Conor Mccaffery ACA (Seniof Stalulory Auditor) For and on behalf of Hill Vellacott Chartered accounlanls & slalutory audiloi 22 Great Victoria Street Bellasl BT2 7BA 19 December 2024 12
The Men's Advisory Project Company Limited by Guarantee Statement of Financlal Actlvltles (including Income and expenditure account) Year ended 31 March 2024 2024 Restrici¢d funds Total funds Total funds 2023 Unrestricted funds Nole Income and endowments Donations and legacles Inveslmunl income Other income 115.854 934 5,200 121.988 15.050 130,904 934 5,200 137.038 273,360 590 Total Income 15.050 273,984 Expendlture Expenditure on raising furKIs.' Costs ol raising donations and legacies Expenditure on charitable acliwlles Total expendllure 149,902 8,654 19,913 4.840 169,815 13.494 160,103 8,465 9,10 158,556 24,753 183,309 168.568 Net {expendlture)lincome and net movement in funds 136.5681 19,7031 146,2711 105.416 Re¢oncilialion of funds Total funds brought forward Total tunds carrled torward 179,064 78,089 257,153 151,737 142,496 68,386 210,882 257.153 The slalemenl ol financial activities includes all gains and k)sses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 15 to 25 lorm part of these Ilnanclal statements. 13
The Men's Advisory Project Company Llmlted by Guarantee Statement of Financial Posltlon 31 March 2024 2024 2023 Nole Flxed asse1$ Iniangible assets Tangible fixed assets 14 15 7,784 1,372 9,156 5.840 2,924 8,764 Current assets Debtors Cash at bank and in hand 16 47,493 162,791 29,909 226.367 230,284 256,276 Creditors: amounts falllng due wlthln one year Net current assels 17 8.558 7,887 201,726 248,389 Total assets less ¢urrenl Ilabllllles 210.882 257,153 Net assets 210,882 257,153 Funds of the charlty Reslricled funds Unrestricted funds 68,386 142,496 78,089 179,064 Total charity funds 19 210,882 257,1 S3 These financial slalements were approved by the board ol truslees and aulhorised lor issue on 19 December 2024. and are signed on behalf ol the board by.. MSP Trustee Lewsle ooney BE Thè notes on pages 15 10 25 form part of these flnanclal statements. 14
The Men's Advisory Project Company Llmlted by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General Infomiatlon The charity is a public benelf( entity and a private company limited by guarantge, rggislered in Northern Ireland and a registered charity in Northern Ireland. The address ol the registered office is Floor 5, Glendinning House, 6 Murray Street, Be5fasl. BT1 6DN. Statement of compliance These financial statements have been prepared in compliance wlh FRS 102, The Flnancial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Fleporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Gharilies SORP IFRS 10211 and the Companies Act 2006. Accounting pollcles Basis of preparation The financial slalemenls have bggn prepared on the historfcal cost basis, as modilled by the revaluation ol certain linancial assets and liabilities and Investment properties measured al lair value through income or expenditure. The financial statements are prepared in slorling. which is the functional currency ol the enlily. Golng concern There are no material uncertainties about the charity's abllity lo continue. Judgements and key sou95 of e$timatlon uncertalnty The preparation of the linancial slatgments requires management lo make judgements. estimates and assumptions that allecl the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other factors, including expectations ol lulure events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available lor use al the dlscrelion ol the truste&s lo further any of the charitys purposes. Designated funds are unreslricled funds earmarked by the trustees IOT partiwlaT future pro11 or commitment. Restricted funds are subjected lo reslriclions on their expenditure declared by the donor or through the terms ol an apal, and fall into one of two sub-classes: restricted income funds or endowment funds. 15
The Men's Advisory Project Company Limited by Guarantee Notes to the Financlal Statements fcontlnued) Year ended 31 March 2024 A¢countlng pollcles (conllnuetl) Incoming resources All incoming resources are Included In the statement ol financial activities when enlillemenl has passed lo the charity- il is probable that the economic benefits associated wlh the transaction will flow lo the charty and the amount can be reliably measured. The following specific policies are applied lo particular categories ol income.. income from donations or grants Is recognlsed when there is evidenee ol entklement to the gill, rgceipl is probable and ils amount can be measured reliably. legacy income is Tecognised when receipt is probable and enlillement is established. incom8 from donated goods is rneasured at the lair value of the goods unless this is irnpratstical to measure reliably. in which cas8 the value is derived from the cost lo the donor or the estimalgd resale value. Donated lacililies and services are recognised in the accounts when received il the value can be reliably measured. No amounts are included lor the contribution ol general volunteers. income from contracts lor the supply ol services is recognised with the delivery ol the contracted service. This is classified as unrestricted funds unless there is a contractual requirement lor it lo be spent on a particular purpose and returned 'rf unspent, in which case it may be regarded as reslrictgd. Rosources expended Expendllure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under headings ol the slalemenl ol financial activities to which il relates.. expenditure on iaising funds includes the costs of all lundraisiro activities, events, non- charitable trading aclivilies, and the sale ol donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benolit ol ils bgn91iciaries, including those support costs and costs relating to the governance ol the charity apportioned lo charitable acfjvilles. other expenditure includes all expendllure that is neilheT related lo raising funds lor the charity nor part ol its expenditure on charitable aclivilies. All costs are allocated to expenditure categories relle¢ling the use ol the resource. Direct costs attributable to a single activity are allocated directly lo that aclivily. Shared costs are apportioned between the activities Ih9y Contribute lo on a reasonable, jusliliable and consislenl basis. 16
The Men's Advisory Project Company Limiled by Guarantee Noles to the Financial Statements (cpnHnvpdJ Year ended 31 March 2024 Accounling policles (conlinued) Intanglble assets Intangible assets are initially r9cord9d al cost. and are subsequently slated al c05t Igss any accumulated amDrtisalion and impairment Iossgs. Any intangible assets carried al revalued amounts, are recorded al the lair value al the dale ol revaluation, as determined by rel8rence to an active market, less any subsequent accumulated amortlsation and subsequent accumulated impairment losses. Intangible assets acquired as part ol a business combination are onty recognised separately from goodwill when they arise from contractual or other legal rights, are separable. the expected future economic benefits are probable and the cost or value can be measured reliably. Amortisalion Amortisalion is calculated so as lo write off the cost ol an asset, less ils estimated residual value. over the uselul life of that asset as follows-. Web page design 5Vo straight line 11 there is an indication that Iheie has been a signllicanl change in amortisallon rate. useful Ille or residual value ol an intangible asset, the amortisalKJn is revised prospectively lo rellecl the new estimates. Tangib19 assets Tangible assets are initially recorded at cost, and subsequently slated al cost less any accumulated depreciation and impairment Sosses. Any tangible assets cafrled al Tevalued amounts are recorded al the fair value al the dale ol revaluation less any subsequonl accumulated depreciation and subsequent accumulated impairment105ses. An increase in the carrwng amount of an asset as a rgsult ol a revaluation, is recognisgd in other recognised gains and losses, unless il reverses a charge lor impairment that has previously been recognised as expenditure within the statement ot financial aclivilies. A decrease in the carrwng amount ol an asset as a result ol revaluation, is recognised in other recognised gains and losses. except lo which il offsets any previous revaluatlon gain. in which ease the loss is shown within other recognised gains and losses on the statement ol financial activities. Depreciatlon Depreciation is calculated so as lo write off the cost or valuation ol an as5el, less its residual value. over the useful economic life ol that asset as follows.. Computer equiprnent Office equipment 33% slraighl line 25*0 slraighl line 17
The Men's Advisory Project Company Limited by Guarantee Notes to the Financlal Statements fconllnued) Year ended 31 March 2024 Accountlng pollcles fconllntsed? Impairment of fixod assets A review lor indicators ol impairment is carried out al each reporting date, wlth the recoverable amount being estimated where such indicators exist. Where the cariying value exceeds th9 recoverable amount, the asset is irnpaired accordingly. Prior impairments are also reviewed lor possible reversal a.. each reporting dale. For the purposes ol impairment testing, when il is not rx)sst)le to estimate the recovarab amount ol an individual asset, an estimate is made ol the recoverable amount ol the cash- generating unil lo which the asset bebngs. The cash-generaling unit is the smallest identifiable group ol assets that includes the asset and generates cash inflows Ihat largely independent ol the cash intlows from other assets or groups ol assets. For impairment testing ol goodwill, the goodwill acquired in a business combination is, from the acquisition dale, allocated to each of the cash-generating units that are expected to benefit Irom the synergies ol the combination. Irrespective of whether other assets or liabilities ol the charity are assigned to those units. Flnanclal Instrumenls A linanclal asset or a financial liability is recognised only when the charity becomes a party lo the conlraclual provisions ol the inslrumenl. Baslc financial instruments are initially recognised al the amount receivable or payable including any related Iransadion costs. Current assets and current liabilities are subsequently rneasured al the cash or other considerallon expected to paid or received and not discounted. Debt instruments are subsequently measured al amortised cost. Where investments in shares are publicly traded or their lair value can otherwise be measured reliably, the investment is subsequently measured al fair value with changes in lair valug recognised in income and expenditure. All other such investments are subsequently measured al cost less impairment. Other financial instruments, including derivatives, are inttially recognised at lair value, unless payfflenl lor an asset is deferred beyond normal business terms or financed at a rate ol interest that is not a market rate. in which case the asset is measured at the present value of the lulure payments discounted al a market fale of interest lor a sirnilar debt inslrumenl. Other tinancial instruments are subsequently measured al lair value, with any changes recognised in the statement ol linancial aclivilles, with the exceptSon ol hedglng instruments in a designated hedging relationship. Financial assels that are measured at cost or amortised cost are rewewed lor objective evidence ol Impairment al the end ol each reporting dale. 11 there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the slalement ol tinancial activities in which the initial gain was recognised. 18
The Men's Advisory Project Company Limiled by Guarantee Notes lo the Flnanclal Statements (coniinued) Year ended 31 March 2024 Accounting policies (¢onlinued) Financial Instrument5 (ContIntdI For all equity Instruments regardless of significanee. and other financial assets that ar¢ individually signilicant. these are assessed individually lor impairment. Other financial as501s are either assessed individually or grouped on the basis ol similar credit risk characteristics. Any revorsals of impairment are recognised immediately, lo the extent that the reversal does not result in a carrwng amount ol the financial asset that exceeds what the carrying amount would have been had the impairrnent not Previously been recognised. Dofined contrlbutlon plans Contributions to defined contribution an$ are recognised as an expense in the peri¢Jd in which the related service is provided. Prepaid conlrbi ulions are recognised as an asset lo the extent that the prepayment will lead lo a reduction in lulure payments or a cash refund. When contributions are not expected lo be settled wholly within 12 months of the end ol the reporting date in which the employees render the related service, th& liability is measured on a discounted present value basis. The unwinding ol the discount is recognised as an expensg in the period in which it arises. Limited by guarantee The Men's Advisory Project is a company limited by guarantee and accordingly does not have share capital. Every rnernber ol the company undertakes to contribute such an amount as may bg required, not exceeding £1, to the assets ol the company in the event ol it being wound up while he or she is a member or within one year aller he or she ceases to be a member. Donallons and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations 28,064 3,000 31, Grants Grants 87,790 12.D50 99,840 130.904 115.854 15.050 Unrestricted Funds Reslricled Total Funds Funds 2023 Donations Donations 171,160 7,950 179,110 19
The Men's Advisory Project Company Llmlted by Guarantee Notes lo the Financial Statements fcontlnu8d) Year ended 31 March 2024 Donations and legacles {conllnuedJ Unrestriclgd Funds Rgstricled Total Fun¢Js Funds 2023 Grants Grants 27.853 66,397 94,250 273.360 199,013 74,347 Investment Income Unrestricted Total Funds Unreslricled Total Funds Funds 2024 Funds 2023 Bank interest rKeivable 934 934 34 Other income Unrestricted Total Fund$ Unrestricted Total Funds Funds 2024 Funds 2023 Paypal SHIP Project 590 590 5,200 5,200 5,200 5.200 590 590 Costs ot ralsing donations and legacie$ Unreslricled Funds Restricted Total Funds Funds 2024 Slafl salaries Employer pension Rent Electricity Depreciation & Amortisalion Insurance Compulei & Soltware Advertising Telephone and lax Stationary & Sundries Counsellorlvolunleer expenses 111,366 4,466 11,721 3.432 1,431 2,076 4,339 1,003 2.400 6,636 1,032 149,902 111,366 4,466 11,721 3,432 2,862 2,076 4,339 1,003 2,400 6,636 19,514 169,815 1,431 18,482 19.913 20
The Men's Advisory Project Company Llmlted by Guarantee Notes to the Financial Statements (conllnu6d) Year ended 31 March 2024 Costs of raising donatlons and legacles (conilnued) Unreslricled Funds Restricted Total Funds Funds 2023 Slafl salaries Employer pension Rent Electricity Depreciation & Arnortisalion Insurance Computer & Software Advertising Telephone and lax Stationary & Sundries Counsellorlvolunteer expenses 21.722 66,338 1,062 88,060 1,062 11,066 3,013 3,630 1,999 5,162 961 2,177 9,404 33.569 160,103 11.066 3,013 1,815 1,815 1,999 5,162 961 2.177 9,404 679 32.890 105,118 54,985 Expendilurg on charitsble actlvltles by fund type Unreslrlcled Funds Reslricled Totsl Funds Funds 2024 Support costs Governance costs 36 8.618 36 13,458 13.494 4,840 8.654 4,840 Unrestricted Funds Restricted Total Funds Funds 2023 Support costs Governance costs 44 2,400 44 8,421 8,465 6.021 2,444 6.021 10. Expendlture on charitable activities by a¢livily lype Activities undertaken Total funds directly 2024 Total fund 2023 Support costs Governance costs 36 13,458 36 13,458 44 8,421 8,465 13,494 13.494 21
The Men's Advisory Projecl Company Limited by Guarantee Notes to the Financial Slatemenls {ttantlnued) Year ended 31 March 2024 11. Net lexpendltureifincome Nel lexpendilureifincomg is slated after chargingllcredilingl.. 2024 2023 Amorlisalion ol intangible assets Dgprecialion ol tangible fixed assets 456 2.406 286 3.344 12. Staff costs The total Stall costs and employee benefits lor the reporting period are analysed as follows.. 2024 2023 Wages and salaries Employer contributions lo nsion plans 111,366 4,466 88.060 1.062 115,832 89,122 The average head count ol employees during the year was 312023.. 41- The average number of lull-time equivalent employees during the year is analysed as follows= 2024 No. 2023 No. Adminislralivg stall No employee received empbyee b8nelils ol more than £60,000 durSng the year12023.. Nill. 13. Truslee remuneratlon and expenses One or more Iruslees has been paid remuneration or rgcelvgd other benefits from employment with the charity oi a related entity. Pr¢gramme delivery Supervision Totsl P Irving M Mcllvenny Total 808 1.252 1,252 2.060 2,060 22
The Men's Advisory Project Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 March 2024 14. Inlanglble assets Web page deslgn Cost Al 1 April 2023 Additions 7,120 2.400 At 31 March 2024 9,520 Amortlsation At 1 April 2023 Charge lor the year At 31 March 2024 1.280 456 1.736 Carrylng amouni At 31 March 2024 7,784 5,840 At 31 March 2023 15. Tanglble flxed assets Computer equipment Office equipment Total Cost Al 1 April 2023 Additions 3,903 535 6.110 319 10,013 854 At 31 March 2024 4,438 6.429 10,867 Depreclatiot Ai 1 April 2023 Charge lor the year At 31 March 2024 3,064 838 4.025 1.568 7,089 2,406 9.495 3,902 5,593 Carrying amount At 31 March 2024 536 836 1.372 At 31 March 2023 839 2,085 2,924 16. Debtors 2024 2023 Trade debtors Prepayments and accrued income Other debtors 38.765 1.854 6,874 47.493 21,210 1,809 6,890 29,909 23
The Men's Advisory Project Company Limited by Guarantee Notes lo the Financlal Statements {COnllnued? Year ended 31 March 2024 17. Creditors: amounts falling due within one year 2024 2023 Trade credFtors Accruals and deferred income Social security and other taxes Pension 98 5,128 2,218 1.116 855 6.514 518 8,558 7,887 18. Pgnslons and other post retlrement benefits Detlned contrlbutlon plans The amount recognised in income or expenditure as an expense in relation lo defined contribution plans was £4,46612023.' £1,062). 19. Analysls ol charltable funds Unreslr5cted funds At 31 March 202 Al 1 April 2023 Income Expenditure Unrestricted funds 179.064 121,988 1158,5561 142,496 Al 31 March 202 At 1 April 2022 Income Expenditure Unrestricted funds 36,856 199,637 157.4291 179,064 Reslrlcted funds At 31 March 202 At l April 2023 Ineome Expenditure Reslrlcted lunds 78.089 15.050 124,7531 68,386 Al 81 March 202 At 1 April 2022 Income Expenditure Restricted funds 114,881 74.347 1111,1391 78,089 24
The Men's Advisory Project Company Limited by Guaranlee Notes to the Financial Statements (eotttlntsÈdJ Year ended 31 March 2024 20. Analysls of net assets between funds Unrestricted Funds Restrlcled Total Funds Funds 2024 Intangible assets Tangible lixed assets Current assets Creditors less than 1 year Net assgts 7,784 1,372 141,898 18.5581 142,496 7,784 1.372 210.284 18,5581 210.882 68,386 68.386 Unreslricled Funds Restrtcled Total Funds Funds 2023 Intangible assets Tangible fixed assets Current assets Creditors less than 1 year Net assets 5.840 2,924 178,186 17,8861 179,064 5,840 2.924 256.275 17.8861 257.153 78,089 78,089