WOMEN'S AID ARMAGH DOWN LTD
STATEMENT OF FINANCIAL ACTivrriES
INCLUDING INCOME ANO EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Income from:
Osjnations and legacies
Charitable activities
Inveslments
179.955
280,394
1.381
179.955
1.010,186 1.2W,580
1,381
114.128
304,376
835
114.128
857,386 1,161,762
835
Total income
461.730 1.010.186 1.471.916
419.339
857.386 1,276.725
Expenditure on:
Raising funds
Chantsble acts'vities
Other expenditu
1.575
1.575
291,650 1.063,057 1,354.707
176
839
1.094
276,139
415
401
1.495
776,388 1,052.527
1,123
12
Total expenditure
291.826 1.065.295 1.357.121
277.648
777.497 1,055.145
Net incomel(expendl￿r•)
169,904
(55,109)
114,795
141.691
79,889
221,580
Transfers betsveen
funds
(17,386)
17,386
45,228
(45,226)
Net movement in
funds
152.518
{37.723)
114.795
186,917
34.663
221.580
Reconciliation of funds:
Fund balances at 1 Apnl 2023
770.682
138.472
909.154
583.765
103.809
687.574
Fund balances at 31 March
2024
923.200
100.749 1.023,949
770.682
138.472
909.154
The statement of financial aclivrties indudes all gains and losses recognised in the year. All income and expenditure
derive from continuing adivities.
-28-

WOMEN'S AID ARMAGH DOWN LTD
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024
2024
2023
Fixed assets
Tangible assets
14
209.071
242,420
Current assets
Deblors
Cash at bank and in hand
15
27.997
880.229
30.586
683,834
908,226
714.420
Creditovs: amounts falling due within
one year
16
(93.348)
(47,686)
Net current assets
814.878
666,734
Total assets less current liabilities
1.023,949
909.154
The funds of the Chaiity
Restricted income funds
Unrestricted funds
18
19
100,749
923.200
138.472
770.682
1.023.949
909,154
The company is entitled to the exemption from the audit Tequirement contsined in sectron 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors acknow4edge their responsibilities for cwiplying the requirements of the Companies Act 2006
with respect to accounting records and the preparalion of financial statements.
The members have nol required the ￿MpanY lo obtain an audit of ils financial slalements under the requirements
of the Companies Act 2006. for the year in question in accordance with sedion 476.
These finanual slatements have been p￿pared in aC￿rdanCe wrth the prowsions applicable to companies subj'ect
to the small companies regime.
The financial ststements were approved by the Trustees on 3 Oecember 2024
N O'maolain
Trustee
Company registration number N1030774 (Northem Ireland)
-29-

WOMEN'S AID ARMAGH DOWN LTD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activities
Cash generated from operations
25
196,513
186,281
Investing activities
Purchase of tangible fixed assets
Investment income received
(1.499)
1,381
(2.893)
835
Net cash used in investing acllvilies
{118)
(2,058)
Net cash used in financlng activities
Net increase in cash and cash equivalents
196,395
184.223
Cash and cash equivalents at beginning of year
683.834
499,611
Cash and cash equivalents at end of year
880.229
683,834
-30-

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounbng pollcies
Charity infonnation
Women's Aid Armagh Down Ltd is a private company hmited by guarantee Inco￿orated in Northem Irdand.
The registered office is 7 Downshire Place. Newry, BT34 1 DZ.
1.1 Accounting convention
The finanaal statemenls have been prepared in accordance with the Charity's goveming document, the
Companies Act 2006. FRS 102 'The Finanual Repcmting Standard applicable in the UK and Republic of
Ireland. fFRS 102") and the Charities SORP "Accounting aTrJ Reporting by Charities." Stalement of
Recommended Praclice applicable to charilies preparing Iheir accounts in accordance wrth the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019)- The
Charity is a Public Benefft Enbty as defined by FRS 102.
The financial statements are prepared in steTb"ng, which is the functional I￿rrencY of the Charity. Monetary
amounts in these financial slatemenls a￿ rounded to the nearesl £.
The financial stalements have been prepared under the historical cost c￿vention. The principal ac￿￿ntIng
policies adopled are set out below.
1.2 Golng concem
At the lime of approving the financial statements. the Trustees have a ￿asOnable expectation that the Charity
has adequale resources to continue in operalional exisIen￿ for the foreseeable future. Thus the Trustees
conlinue to adopt the going concem basi5 of accounting in preparing the finanual 5tatemenls.
1.3 Charitable funds
Unrestricted funds are available for use at Ihe discretion of the Trustee5 in furtherance of their charitable
objectives.
Restricted funds are subject lo speufic condilions by donoTS Of gran14ys as lo how they may be used. The
purposes and uses of the restricted funds are set out in the notes to Ihe financial statements.
Endowment funds are subject to spefific conditions by donors that the capital musl be maintsined by the
Charity.
1.4 Income
Income is recognised when the Charity is legally entilled lo il aftef any perfomiance condltions h•e been
met, Ihe amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. Olher donations are recognised once the Charity has been notified
of the donation, unless perfomiance condits.ons require deferral of the amount. Income tax recoverable in
relation to donations received under Gift or deeds of covenanl is recognised at the time of the donation.
Legacies a￿ recognised on receipt or otherwise rf the Charity has been notified of an impending distribution,
Ihe amount is known, and receipt is expected_ If the amounl is not known, the legacy is treated as a
contingent asset.
31

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Conlinued)
1.5 Expenditure
Expenditure is recognised On￿ there is a legal or constructive oblrgation to transfer economic benefit to
third paty, it is probable that a transfer of economic beneffts will be required in settlement. and the amount of
the obligab'on can be measured reliably.
Expenditure is dassrfied by activity. The costs of each activty a￿ made up of the t¢Xal of dif￿1 costs and
shared costs, indvding support costs involved in undertaking each activty. Direct costs attributable to a single
adivity are allocated diredly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single adivity are apwtioned between those activrties on a basis
consistenl with the use of resources. Central staff costs are alocated on the basis of time spent. and
deprecialion charges are allsxated on the portion ol the assel's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently rneasU￿ at cosl or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the follcming bases:
Freehold land and buildings
Leasehold land and buildings
Fixtures and fittings
4% straight line
4% straighl line
20% straight line
The gain of loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds
and the carrying value of the asset, arKI is recognised in the statement of financial activities.
1.7 lrnpairnient of fixed assets
At each reporting end dale, the Charity reviews the carying amounts of its langible assets lo determine
whether there is any indicats'on that Ihose assets have suffered an impairment loss. If any such ind￿allOn
exists, the recoverable amount of the asset is estimated in order to determine the extent of.lhe impaiment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposrts held.at call wilh banks, other short-term liquid
investmenls wtth original matuiities of three months or less. and bank overdrafts. Bank overdrafts are shown
wilhin borrowings in CUTrenl lialM"lities.
1.9 Financlal instrnments
The Charity has elected to appFy the provisions of Sedion 11 '8asic Financial Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of rts finanaal instruments.
Financial instruments a￿ recognised in the ChariWs balance sheel when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements. when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or lo realise the assel and settle Ihe liability simultaneously.
-32-

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
8aslc financial assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequendy carried at amortised cosl using the effective
interest method unless the arrangement consts'tutes a finanang transaction. where the transaction is
rneasu￿d at the present value of the future receipts discounted at a market Fate of interest. Finan(ial assets
classified as receivable wrthin one year are not arnortised.
Basic ffnancial liabilifies
Basic financial liabilities. including ueditors and bank loans are initially recognised al transaction price unless
the arrangement constitutes a financing transaclion. where the debt instrument is measured at the present
value of the future payments discounled al a market rate of interesl. Financ•al liabilities classified as payable
within one year a￿ not amorbsed.
Debt instruments are subsequently caffied at amortised cost. using the effeclive interesl fale melhod.
Trade creditors are obligations to pay for goods or services Ihat have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they a￿ p￿ senled as non-cvrrent liabilities. Trade creditors are recognised intb'ally at
transaction price and subsequentty measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity's contra(lual obligations expl￿ or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in whith the employee's Services are
received.
Temiination benefits are recognised immedialely as an expense when the Charity is demonstrably committed
lo temiinate the employment of an employee or lo provide lemiinatt.on benefits.
1.11 Retlrement benefits
Payments to defined w1trit￿ti0n retirement benefil schemes are tharged as an expense as they fall due.
Critical ac¢ounting estimatss and judgements
In the applicati¢M of the Charity's accounting policies. the Trustees a￿ required to make judgements.
estimates and assumptions about Ihe carrwng amount of assets and liabilities thal are not readily apparent
from other sources. The estimales and associaled assumptions are based on historical experience and other
factors Ihal are considwed to be relevant. Actual ￿$uttS may differ from these estimates.
The estirnates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estifflates are recognised in the period in which the ests'mate is revised Whe￿ the revision affects ￿lY that
period, or in the period of the revision and fulure periods where the revifdon affects both current and futuie
penods.

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations and grfls
179,955
114,128
Income from charitable actlvities
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restrictsd
funds
funds
2023
2023
Total
2024
2023
Total
Sales within charitable
activities
Perfomiance related
grants
Charitable rental income
Other Income
10,374
10.374
8.019
8,019
147,754 1,010.186
104.329
17.937
1,157,940
104.329
17.937
178,191
94.389
23.777
857.386 1,035,577
94,389
23,777
280,394
1,010,186
1.290,580
304.376
857,386
1,161,762
Perfomiance related grdnts analysis
Total
2024
Total
2023
Support People- Refuge support
Support People - Floating support
Southem Health & Soaal Care Trust
SHSCT- DASS officer
Iris Projed
Communiiy Foundation granl- Mentsl Health
PBNI
Dfc Hardship Grant Stheme Funding Via NMODC
Southern Regional College- Employ Me
Nationwide Community Grants
Oth
241.591
362,386
99,364
48.450
44,576
218.036
235,223
352,828
96,053
29,060
39,887
233,143
11,750
24.640
26,370
58.776
33.751
37.633
1,157.940
1,035,577

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from inveslments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
1,381
835
Expenditure on ralsing funds
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Fundrdislng and publiclty
Other fundraising cosls
1.575
1.575
401
1.495
-35-

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charitable aclivities
Total
2024
Total
2023
Direct C08t6
Staff costs
Depreciats"on arml impainnent
Rent
Insurance
Light & heat
Cleaning
Repairs
Staff Training & Recruitment
ICT Costs
Admin & printing
Fees & subscriptions
Support for service users
Travel
Telephone
Other charitsble expenditure
Supporting People recovery 21r22
Supporting People recovery 22r23
8.331
34,849
45.510
12.024
38.658
8.866
15,184
5.955
22,905
14,223
2,712
57,433
8.472
17.053
82,139
27,355
36.463
772,622
36,000
44,472
8,398
32,235
7,457
22,843
5,360
12,507
7.122
2.732
22.712
6,091
21,220
39.636
1,338,132
1,041,407
Share of support and govemance costs (see note 8)
Governance
16,575
11.120
1.354.707
1,052,527
Analysis by fund
Unrestricted funds
Restricted funds
291.650
1.(￿3.057
276.139
776.388
1.354.707
1,052.527
Induded in charitable expenditure are amounts of £27,355 and £36,463 which relate to amounts to be repaid
to Supporting People in respect of the financial years ended 31 March 2022 and 31 March 2023 respecively.
Grant incorne and expenditure is subject to periodic Teview and these amounts were requested to be
recovered by the grant funder.
Supp¢)rt costs allocated to activitses
2024
2023
G0Veman￿ costs
16,575
11.120
Analysed between:
Total
16,575
11,120

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Net movement in funds
2024
2023
The net movernent in lunds is stated after chargingl(tsediting):
Fees payat4e for the audit of the charity's financial stslements
Depreciation of owned tangible fixed assets
4,800
34.849
8,000
36,000
10 Trustees
None of the Trustees (or any persons connected with them) received any remuneration OT benefts frc*Tr Ihe
Charity during the year.
11 Employees
The average monthty number of emthees during the year was..
2024
Number
2023
Number
37
38
Employment costs
2024
2023
Wages and salaries
Soaal secuiity Costs
Other pension costs
819,690
68.221
20.420
695.296
61,491
15,835
908.331
772,622
The number of employees whose annual remuneration was more than £60.000
is as follows=
2024
Number
2023
Number
£60.OCKI - £70.000
Rernuneration of key management personnel
The key management personnel of the charity comprises the Trustees and the
senior management tearn. The remuneration of key management personnel
was as follows..
Restated
2023
2024
Aggregate compensation
200.913
170,609
37-

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Employees
(Continued)
The remuneration of key management personnel for the year ended 31 March 2023 has been restated for
consistency with the preparation of Ihe disdosure for the year ended 31 March 2024.
12 Other expenditure
Unrestricted Restricted
nds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Financing costs
176
663
839
415
1,123
13 Taxation
The charity is exempt from taxation M its activiti.es because all its income is applied for charitable purposes.
14 Tanglble fixed a85ets
Freehold land
and bulldlngs
Le￿hold FIxtu￿$ and
l•nd and
fittlngs
buildings
Total
Cost
At 1 April 2023
Addilions
111.907
379.477
186.561
1.499
677,945
1,499
At 31 March 2024
111.907
379,477
188,060
679,444
Depreciation and impainnent
At 1 April 2023
Depreaation charged in the year
105.194
4.476
198,020
9.179
132,311
21.194
435,524
34,849
At 31 MaTch 2024
109.670
207.198
153,505
470,373
Carrying amount
Al 31 March 2024
2,237
172.279
34.555
209,071
At 31 March 2023
6,713
181.457
54.250
242.420
15 Debtors
2024
2023
Amounts falling due wlthin one year:
Trade deblors
Other debtors
Prepayments and acuued incorne
22,242
5,755
23,922
5,186
1,478
27.997
30,586
-38-

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Creditors". amounts falling due within one year
2024
2023
Other taxation and social security
Trade creditors
Other creditors
Accwals and deferred income
30.079
11.276
47.193
22,578
10.806
8,302
6,000
93.348
47,686
17 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge lo wofit or loss tn respeci of deffined contribub'on scheffles
20.420
15,835
The Charity operates a defined contribLrtion pensiM scheme for all qualifying employees. The assets of Ihe
scheme are held separately from Ihose of the Charity in an independently administered fund.
18 Restricted funds
The iestricted funds of the tharity ts)mprise the unexpended balances of donations and grants held on trust
suby.ect to specific conditions by don¢ys as to how Ihey may be used.
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 Ma￿h
2024
Supporting People Refuge
Supporting People Floating
Supporting People Covid
Community Ownership
Supporting People - Provider
Innovation Fund
Supporting People - Covi(k19
recovery fund
SHSCT- DASS
ACNI
Community Foundation-
Mental Health
IRIS
Southern Regional College-
Employ Me
Nationwide Comrnunty Grants
53.458
10.386
1.817
241,591
362.386
(295.083)
(390.098)
(799>
(10.000)
17.352
26
1,018
10.000
2.757
(894)
1.863
32.896
(8.399)
(48.450)
(7.377)
24,497
48.450
7.377
29,781
218.037
44.576
(233.249)
(44.576)
14.569
26,370
58.776
(26,370)
58.776
138.472
1,010.186
(1.065.295)
17.386
100,749
-39-

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS {coKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Restricted funds
(Continued)
Previous year:
At 1 April
2022
Incoming
resources
Resources
expended
Transfers At 31 March
2023
Supporting People Refuge
Supporting People Floating
Supporting People Covid
Supporting People - Provider
Innovation Fund
Supporting People Covid-19
recovery fund
SHSCT- DASS
ACNI
Community F¢)undation -
Mentsl Health
27.355
26
2,616
235,223
352.828
(209.120)
(342.468)
(799)
53.458
10,386
1,817
32.517
(894)
(28.866)
2,757
41.295
(8.399)
(27.060)
(1.755)
32,896
27.060
9.132
7.377
233,143
(1-87.￿j2)
(16,360)
29,781
103,809
857.386
1777,497)
(45,226)
138,472
Induded in resources expended for Supporting People Refuge and Supporting People Floating funds we
amounts of £27,355 and £36.463 vthich relate to amounts lo be repaid to Supporting People in respect of the
financial years ended 31 March 2022 and 31 March 2023 respedively. Grant income and expenditure is
subject to periodic Teview and these amounts within the brought forward balance5 V￿re requested to
recovered by the grant funder.
19 Unrestricted funds
The unreslricted funds of the charity comprise the unexpended balances of donations and grants whith are
not subject to speciffic conditions by donors and grantors as to how they may be used. These indude
designated funds vthith have been set astde out of unrestricted fvnds by the trustees for 5peafic purpose5.
At 1 April
2023
Incoming
resOU￿e$
Resources
expended
Transfers At 31 March
2024
General funds
770.682
461.730
(291,826)
(17.386)
923.200
Prevlous year:
At 1 April
2022
Incoming
resources
Resources
expended
Transfer8 At 31 March
2023
General funds
583.765
419,339
{277.648)
45.226
770,682

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Analysis of net assets between funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl(liatslityes)
179,398
743,802
29.673
71.076
209,071
814,878
923.200
11x1,749
1,023,949
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Current assetsl(liabilities)
194,806
575,876
47,614
90.858
242,420
666,734
770.682
138,472
909.154
21 Financial commitments, guarantees and contingent liabilities
A contingent liability exists to repay govemment grants received should certain corKlitions under which they
were awarded cease to be met.
22 Operating lease commitments
Lessee
At the reporting end date the Charity had (xtstanding commTrtrnents for future minimum lease payments under
non-cancellable operaling leases, which fall due as follows-
2024
2023
Within one year
43.666
40.429
23 Events after the reporting date
There have been no signrficanl events affecting ihe Charity since the balan￿ sheet date.
24 Related party transactions
There were no disdosable related party transaclions during the year {2023- none).
-41-

WOMEN'S AID ARMAGH DOWN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
25 Cash generated from operdlions
2024
2023
Surplus for the year
114,795
221,580
Adjustments for.
Investment income recognised in slatement of financial activiti.es
Dep￿￿a￿On and rmpairn￿nt of tangible fixed assets
(1,381)
34,849
1835)
36,000
Mo¥ements in working capital:
Decrease in debtors
Increasel{decrease) in creditors
2.589
45.661
83.635
(154,099)
Cash generated from operationg
196.513
186,281
26 Analysis of changes In net funds
The Charity had no material debt during the year.
-42-