Company registration number: N1031238
Charity registration number- NICI 06118
North Down & Ards Women's Aid
{A ¢ompany limited by guarantee)
Annual Report and Financial Siatemenls
for the Year Ended 31 March 2024
M.B. McGrady & Co
Chartered Accountants & Registered Auditors
Suite 2B Codogan House
322 Lisburn Road
Belfast
BT9 6GH

North Down & Ards Women's Aid
Contents
Reference and Administrative Details
Strategi¢ Report
Trustees, Report
3tolO
Sialement of Trustees, Responsibilities
Independent Auditors, Report
12to16
Statement of Financial Aclivilies
17to 18
Balance Sheet
19
Statement of Cash Flows
20
Notes to the Financial Statements
21to33

North Down & Ards Women's Aid
Strategic Report for the Year Ended 31 March 2024
The Trustee5 have adopted ihe provisions of Accounting and Reporting by Charities.. Statemenl of
Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial
Reporting Slaiidard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015}.
Overview
North Down and Ards Women's Aid (NDAWA) was established in 1982 and is tlie lead ageiicy in the local area
5UPPOrting women, children and young people affected by domestic aiid sexual abuse. We have a stroiig etlios of
for women, with wom¢ii, by Ivomen wliich is fundamental to our servic¢ developnieiil and delivery.
The aims of NDAW A al'e to..
Provide temporary refuge to women and their Children suffering emotional, mental, physical or sexiial abuse
within their home.
Encourage women to tak¢ control of their own future.
Reeoghise ahd ¢are for the emotional needs of children and young people involved;
Offer emotional and practical supporl to any women who requests, either in Ihe community or refuge. and
Educate and inform the public, the media, the courts, social services, aild other agencies.
The siipport provided by NDAWA is person-cenlred and focused on the needs of the women, children and
yoiing people. The staff team have the specialised skills, empathy and respect for confidentiality required to
5UPPOrt domestic abuse survivors and their families. both in refuge and through community support services.
The team provide crisis inletvention, safety planning, referrals to local resources and individual support sessions
ro¢using on practical and emotional support. Some examples of the support provided include. assistance with
obtaining restraining orders, navigating the legal system, securing housing benefit, addressing trauma,
rebuilding self-esteem, and helping women develop coping mechanisms.
Whilst NDAWA does not directly offer financial aid. the support provided is a great resource for those affected
by domestic and sexual abuse. In the last year we have had access lo a limited resource of emergency gas. oil
and electric top-up cards to provide short-lerm fiiiancial support to help women aiid their families. We also work
closely with the resources in our community such as foodbanks for food parcels or providii)g women with
vouchers for their local supermarket.
This i'eport highlights the in¢r¢as¢ in demand over the last year for the in¢r¢dibl¢ work the team at NDAWA
delivei. in these challenging times.
I am proud to be part of NDA WA and sUPPOrt the vilal work of the Staff t¢am, Board and volunteers. I want to
thank everyone for their time and commitment to NDA WA, you are making a difference to the lives of so many
women and their familie5.
The importai)t work we do at NDAWA would not be possible without the support of our funders and the
geneious donations we receive. I would like to take this opportunity lo express my sincere thanks on behalf of
NDA WA. We are extremely gralefvl for all ihe sUPPOrt, wiihout which it would not be possible to carry oiit this
vital service.
The strategic repoit was approved by the trustees of the charity on 16 December 2024 and signed on its behalf
by..
er Gill
Ti'ustee
Page 2

North Down & Ards Women's Aid
Reference and Administrative Details
Trust¢e$
Jennifer Gill
Jenna Lowry
Claire Louise Best
Natalie Kathryn Swift
Victoria Crooks
Arleen Elliott (appointed 25 September 2023)
Elizabeth Fusco (appointed 13 June 2024)
Jennifer Susan Ferglison (Resigned 4 March 2024)
Emma Louise Kelly (Resigned 23 June 2023)
Lindsay Anne Adams (Resigiied 5 June 2023)
Kathryn Strawbridge (Resigned 12 May 2023)
Leona Solah-caimduff (Resigned 12 May 2023)
Lisa Armstrong (Resigned 12 May 2023)
Deborah Mccreadie {appointed 4 March 2024)
Chief Executive Officer
Mrs Emalyn Turkington
Prlncipal Office
18 Bingham Street
Bangor
BT20 5DW
Registered Office
18 Bingham Street
Baiigor
BT20 5DW
The charity is incorporated in Northern Ireland.
N1031238
Comp#ny R¢gi$tration Number
Charity Registration Number
NIC1061E8
Bankers
Bank of Ireland
82A Main Street
Bangor
BT20 4AG
Auditor
M.B. McGrady & Co
Chartered Accountants & Registered Auditors
Suite 2B Cadogan House
322 Lfftsburn Road
Belfast
BT9 6GH
Page I

North Doivn & Ards Women's Aid
Trustees, Report
The trustees, who are directors for the purposes of company law, pi'esent the annual report together with the
financial statements of the charilable company for ihe year ended 31 March 2024.
Significant Activitie5
Current Context
North Down & Ards Women's Aid (NDAWA) is a vital service provider in the Ards and North DON￿ area,
offering refuge, community support, and information to women, children and young people experiencing
domestic and sexual abuse.
We continue to see a rise in the number of women and childrenlyoung people seeking 5UPPOrt. highlighting the
ongoing need for our services. We are actively working to raise awareness of domestic abuse and the support
available to victims and survivors. Securing sustainable funding remains a challeiige, however, this does not
stop us being fully cominitted to supporting the women, children and young people using our services.
In 2023124 we re¢eiv¢d 554 referrals into our Floating Support team, this is a 70/0 increase in refei'rals from the
year before. Most of referrals received were from the PSNt (36.50/0) and self-refeiyal (39.9Q/o). Other referral
agencies incliide, ASSIST Nl, Social S¢rvi¢¢s. NIHE. NDAWA One Stop Shop.
48 women and 8 childrenlyoung people resided in our Refuge accommodation. All women residing in Refuge
were supporled during iheir stays with accompaniment, advo¢a¢y, court support. individually tailored support
plans, safety plans, and resettlement support. W¢ are finding women and their families are staying longer in
refuge accommodalion due to a shortage of social housing aiid difficulties enteriiig the private rental market in
Noilhern Ireland. This will have an impact on women in the refuge as they feel they unable to move on with
their lives due to the lack of pennanent housing options. This also has an impact on refiige resources, staff and
limits the availability of beds for other women in crisis fleeing their homes due to domestiG abuse.
We are continuously looking for new funding slreams and 2023124 was positive for NDAWA in receiving
different fundiiig pots. One ￿ndIng application we were successful in was with CFNI: Oak Foundation. This
was l year fundiiig to develop our Safe Relationship Awareness Project wl)ich has been a great success. This
project involved tlie development of ali educational programme on healihy l unliealthy relationships to be
delivered in schools, youth groups, ¢ommunity and voluntary organisations. Part of this project was lo engage
NDAWA service users in the development of the programme, boih women and young people. It is essential to
hear the voices of the women, ¢hildren and young people who use our service An the development of curreiit and
future services.
In 2023124 we were unsuccessful in receiving fundit)g from the PCSP for our One Stop Shop. However, we
were able to secure £5000 from the CFNI.. Social Justice Fund. The One Stop Sliop is a vital se￿1¢e in the
community to provide women with ii)fomiation aiid resources from maiiy different agencies. NDAWA works
closely in partnership with PSNI, Crime Prevention Officer, NIHE, Community Advice teams and Solicitors
from law firnis across the Ards and North Down area. NDAW A held 21 One Stop Shop sessions in 2023124.
every 2nd & 4th Tuesday of the month and overall, 94 women attended those sessions.
North Down & Ards Women's Aid continues to work extensively iii partnership with other agencies to provide a
holistic aiid effective support system for women, children and youiig people experiencing domesti¢ and sexual
abuse. This year, 01)e of the iiew positive partnerships NDAWA was involved with was Housing Rights.
Housing Rtghts iiivolved NDA WA service users in developing an immersive ti?ining course on coercive control
and homelessness for housing advisors. This involved NDA WA and Housing Rights facilitating focus groups
and developing a VR film on co¢￿1Ve control and in-person training for housing advisors. This has been a
brillianl achievement with the aiin of NDAWA aiid Housing Rights working on future projects.
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North Down & Ards Women's Aid
Trustees, Report
Going into 2024125 NDA WA look forward to expanding outreach services to reach more women, children and
young people affected by domestic and sexlial abuse. We will continue to advocate for policy and legal Changes
to better support victims and suivivors of domestic abuse and sexual abuse. We will strengthen partnerships and
collaborale with oiher organisalions lo provide a holislic range of support services.
None of tl)is would be possible without the dedication of the Board, ali amazing staff team and volunteers wlio
are all passionate about working with women, cl)ildrei) aiid youiig people affected by domestic and sexual
abuse. I want lo take this opportunity to thank everyone involved for their passion, commitment, enthusiasm,
empathy and hard work!
Emalyn Turkington
CEO
Pag¢ 4

North Down & Ards Women's Aid
Trustees, Report
In 2023124. North Down and Ards Women's Aid conlinued to develop iheir services further for women, children
and yoiing people by identifying gaps and strengthening practices. Ovei- the year, many opportunities to engage
in interagency work and strengthen our processes have taken place with agen¢i¢s su¢h as St Vincent De Paul,
Youlh Justice, Homeless Conn¢¢t, Volunteei. Nl, Relate, Army Welfare, Informing Choices, Deaf NI, Karnia
Nirvana, The Law Society Nt, Black Souihall Sisters, and The South Eastern Domestic and Sexual Violeiice
Partnership.
We continue lo work hard to raise awareness of ihe services we provide by delivering training to local statutory.
voluntary & community organisations, Ihis has assisted in the increase we have seen in referrals lo NDAW A
services. W¢ ¢ontinue to strive to provide early intervention and prevention to ensure risk from escalating and
safety for women and children in the North Down and Ards area.
To meet this demai)d, we expaiided our staffing team and appointed staff to new projects and roles. We now
have a Young Women's Worker who works specifically with women aged 18 to 30, an Older Women's Worker
who works specifically with women over tlie age of 65, and a Rural Women's Worker wl)o works willi wonien
who reside rurally down the Peninsula.
The employmenl of a Group Facilitator enabled the Journey lo Freedom Group lo be fa¢ilitaled twire a week,
with one morning and one evening session held weekly, providing flexibility for the women with ¢hildcare
support. Personal Development Programmes, including Journey to Freedom assist women moving on from ihe
Floatiiig Support Service into peer group support. This area of suppoii helps break social isolation and empower
women to build resilience and recovery from the impact of doniestic Abuse.
Over the past year, women and children within our service have liad the opportunity to have their lived
experiences and voices heard by participating in focus groups with Researchers, Politiclans, and WAFNI. This
has ensured that women's and childi'en's voices have been central to any lobbying for change in legislalion, Calls
for Action, the implementation of the Violence Against Women and Girls Strategy in Northern Ireland, and the
essential support needed whilst having to navigate th¢ Criminal Justi¢¢ System. Local politfficians Connie Egan
and Stephen Farry paid a visit to the Re￿ge in October 2023 to address ihe shortage of funding and the need for
more tailored accommodation for families experiencing domestic abuse.
A referral pathway was created between NDAWA and Radius Connect 24. Thi5 servi¢¢ lias been a lifeline to
women, asslsting in enabling families to remain in their own homes safely. A panic aleit system may be
activated, and help sought if the woinan is in danger, emergency services will be dispatched to the home, and a
Radius practitioner will contact or alert services aiid family members to assist her. The line rental for this service
was negotiated so that women could continue to use it after the initial contract and installation fees were paid by
NDAWA, a short-term funding source, whi¢h secured this service for around 10 families in the year 2023124.
We coiitinue to work closely with Radius and value their partnership.
In February 2024, NDAW A Refuge participated in a Éhree-year validation visit coiiducted by Supporting People
Ireland. The auditing of the servlce look place over three days, during which the service and the support offered
to women and rhildi'en were assessed, staff and women were interviewed to ensure that effeclive and safe
practices were being followed and that women were receiving excellent care. We are pleased to report thai ihe
Quality Management Tool (QMT) visit was a great success, and a pass was issued.
We intend to continue to build on the service's strengths while listening to the lived experiences of women and
children to ensure tliat tlie support we give in the ￿tUre is lailored and relevant to tl)eir healiiig journey. Safety is
crucial and our primary focus. Tlie year 2023124 lias been an exciting mometit for NDAWA, which would not
have been possible without the dediGation of our outstanding staff ieam and Iheir daily hard work!
Lisa Begley
Services Manager
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North Down & Ards Women's Aid
Trustees, Report
North Down and Ards Women's Aid (NDAWA) Children's Services Team work in partnership wlth all
safeguarding agencies to support all children who have experienced domestic abuse within Ihe family home.
Our highly skilled Children's Services Team provide support for children aged 0-17 years old within the refuge
and community setting.
Our Children's Services programnies are tailored to provide family support, group work sessions, and tailored
l- I supporl for children and young people affe¢t¢d by domestic abuse, en¢ouragii)g emotional wellbeing and
supportii)g them to develop coping strategies for cl)allenging life experiences.
Our bespoke preventive educational programmes are designed to meet the educational and emotional needs of
each child and young person. The core aims of our programmes are to promote self-est¢em, confidence, and to
equip children and young people with the skills to ideiitify personal safety networks for safeguarding. Refuge
accommodatioii for families has remaiiied an essential support network for womeii and Ghildren. In 2023-2024,
7 families. 13 children resided in refuge and engaged in 351 support sessions with the Children's Seivices
Team. The refuge playroom was also redesigned to provide a bespoke sensory based play environment for all
children.
In 2023-2024 we recorded a high increase in refen'als for young families requiring support through our crerhe
servi¢¢s. Our Children's Services Team deslgned a 10-week sensory programme for children aged 0-4yrs old.
This programme offers peer support for families and encourages young children to explore their feelings and
behaviours through sensory play aclivities. This programme is also delivered to all children who attend our
reche services. Through this programme, the Children's Services Team supported 50 families, 71 children and
delivered 73 sensory play s¢5sion throughout the year. The Children's Services Team have continued to deliver
Family Art Workshop programmes which are designed as a first step approach into our service. A total of 31
families, 55 childi'en attended 153 interactive art activities throughout Éhe yeai..
The Helping Haiids P￿VenI1Ve Education Programme supports children to idenlify early ii)terventive strategies
in relation to children who do not feel safe. specifically children affected by domestic abuse. A total of 30
families, 50 children att¢nded the programme and completed 140 family support sessions.
Transfonners Groups are a creative 10-week programnies for young people aged 8-12 years old, addressing the
impact of domesti¢ abuse and coercive control within the family home. These programmes build resilience, help
young people Create a safety plan and safeguard from further abuse. A iotal of 18 children have completed the
groups throughout the year and 8 children attended Boom Sttidies for a 4-w¢¢k art programme.
This Year we have redesigned our Healthy and Unhealthy Relationships programme for young people. This is
10-week programme for young peopl¢ aged 13-17yrs aiid addresses subjects on domestic abuse, coerctve
control, technology abuse, and safety planning. A total of 21 teenagers completed the programme and have
assisted with the redesigning of the support sessions.
NDAW A Children's Services Team and 3 young people worked in partnerships with WAFNI and young people
from WAFNI to help establish and laiinch an exciting youth led project, funded by Children in Need throu￿ the
Youth Social Action Fund. The SAY (Social Action Youth) project involved the coordination of a series of
regional Women's Aid youth led workshops for young people aged 11-18 project to help drive forward change.
The SAY project attended the "Having Your Say" event at Stomioiit in November were young people shared
their experiences and domesti¢ abuse Ihrough audio recordings and art piece5. The young people met with
Michelle O'Neil al Siomiont aiid attended a private meetiiig with Cl)ris Heaton-Harris about goveinment
support for children and young people experiencing doin¢stic abuse. The SAY project has been an excitii)g new
initialive for our young people providing them with the opportltnilies to work in partnership with Tinderbox
Theatre Company and network with young people from Women's Aid groups across Northern Ireland.
Nicola Flavelle, Children Services Manager
Page 6

North Down & Ards Women's Aid
Trustees, Report
Financial review
The key parts of the accounts for North Down and Ard5 Women's Aid for the year April 2023 to March 2024
are attached to this report.
NDA WA'S principal fuiiding is from grant making bodies and contract income from South Eastern Health and
Social Care Trust and the NI Housing Executive which exists as restricted and unrestricted funds. As we
continue to see an increase in the demand for our services. we recognis¢ the need to secur¢ additional core
funding.
As at Mar¢h 2024, the total funds were £589,536. a decrease of £72,236 compared to the previou5 yeai- which be
attributed to a rediiction in our restricted fiinds of £56,336 and iinrestricted fiinds of £15,900. Overall, at the year
¢nd¢d March 24, the restricted ￿ndS were £175,052, Unrestricted funds were £260,235 and designated funds
were £71,341.
Income for the year was £596,154 which is an increase of £39,134. Whilst ihis is the result of various changes in
funding, il can largely be attributed to ￿ndIng received from Nationwide this year of £50,000 for a Rural
Support Worker, £25,000 from the Community Foundation Nt to enable progression of the Safe Relationship
awareness piDject and continuation of the One Stop Shop and £26,500 from All State Foundation and the See
Hear Act. There was also £61,627 of restricted funding reclaimed by Supporting People which relates to
underspends from previous years and És not available for the general purposes of the charity at the end of the
reporting period. This has been treated as a reduction in iiicome during the year.
Expeiidl￿re for the year was £668,388, which is a significant increase on the previous year's expenditure, which
was £543,325. Whilst we have seen general runi)ing ¢osts in¢rease a¢ross the organisation by £30,052, in¢r¢as¢s
in Employnieiit costs were £54.701 and essential health and safety i'epairs were completed in the reportiiig
period in the amount of £38.932.
Vithoria Crooks
Treasurer
Policy on reserves
In accordance with our policy on reserves we aim to maintain a level of free reserves equivalent to six monihs
annual expenditure to ensure there is no disruption to our services at short notice, due to a lack of funds, an
unforeseen redu¢tioi) in incoine or an In¢￿aSe in expenditure. As of 31 March 2024, unrestricted and desigiiated
reserves were £331,576.
The finances of North Down and Ards Women's Aid are good. During the year, it was necessary to draw on our
reserves to provide esseiitial health and safety maintenance and the reserves are currently sitting just under the 6
months. Steps are being taken to brlng the reserves back to maintenance level and lo identify new sources of
nding to help address the continuing demand for services and increasing costs.
Page 7

North Down & Ards Women's Aid
Trustees, Report
Prinelpal risks and iineerluinlies
There is no inbuilt automatic increase to our recurring funding from NIHE & SEHSCT. To manage risk we
regularly review Costs, ideillify most cost effective means lo manage running costs and ihrough our processes
liave been able lo ensur¢ organisational wide conlra¢ts which represent savings. In order to ensure that we do
not have a single source of funding which will iiicrease the risk of oui. ability to sustain our organisations work
we seek and have secured other soiii'ces of fiinding to allow the iiitrodiirtion of necessary sei'vices and related
costs.
Principulfundiiig sources
Aside from donations from privat¢ individuals and local businesses, the principle funding sources for th¢ charity
are from grant making bodies and Coiilract income from SEHSCT and NIHE Supporting People. The charity
re¢ognizes Ihe increased necessity to work in partnership and collaboration with other agencies to se¢ui'e future
funding. All funds received are detailed within this report.
Golng concern
The directors believe that ihe chai'ity will ¢ontinue as a going concern. Fund¢rs have shown Ihemselves to be
supportive, flexible and adaptive to the ¢urr¢nt situation which is an invaluable help to the Women's Aid
commiinity- The organisation continues to work in partnership wlth government bodies and agencies to develop
a loiiger temi strategy to support victims of domestic violence.
Structurei govern¥nce and management
Nulure ofgoverlling documeiit
North Down & Ards Women's Aid is a Company limited by guarantee and controlled by its Memorandum and
Articles. It is registered as a ¢harity with Ihe Charities Conimission for Nt and with HMRC. The Board of
Directors of North Down and Ards Women's Aid (NDAWA) meets on a monihly basis. It is responsible for the
slralegic directioii of the organisation and oversees the management of the organisation. The day-to-day
management and operation of activities are carried out by a team of staff, led by the C.E.O aiid tli¢ Senior
Managemeiit Team, wlio also report to the Board of Dii'ectors. Dii'¢¢tors are appointed according to tl)e specific
skills required by the organisation to fulfil its responsibilities as outlined in its Sii'ategic Plan and are ratified on
a yearly basis at the AGM.
Re¢rHllment aiid appoiiitnieiit oflru&lees
It is an underpinning requirement that members of th¢ Board of Directors have commitment to and an
understanding of the ethos, aims and values of NDAWA. Specific skills may be required and with this in mind,
iiew Directors a￿ attracted by word of mouth. The new Director is then invited to attend the regular meetings
and would become a fijll company Director after beiiig elected at the next AGM.
liiduclioll andiruiniiig of Iruslees
There is an inductioi) pack which includes roles and responsibilities for new Directors. A training and induction
programine is also put in place.
Page 8

North Down & Ards Women's Aid
Trustees, Report
Mujor risks and niaiiagement of ihose risks
There is no inbuilt automatic increase lo our recurring thnding from NIHE & SEHSCT. To manage risk we
regularly review costs, ideiitify most cost effective means to mai)age running costs and through our processes
l)ave been able lo ensure organisatioi)al wide contracts which represent savings. In order to ensure that we do
not have a single source of funding which will increase the risk of our ability to sustain our organisations work
we seek and have secured other sources of fiinding lo allow ihe inti'odiiction of nece$58ry services and related
osts.
Affiliation
NDAWA are affiliated with Womeii's Aid Federation Nl and the Women's Aid Forum meet on a monthly basis
to discuss issues affecting all Women's Aid groups. It is also an opportunity to share best practice and local
infonnation.
Decision making process
The governing body of NDAWA is the Board of Directors who are responsible for the stralegic direction of the
organisation and oversee the management of the oi'ganisation. The day-to-day management and the operation of
the activities is carried out by a staff team, led by the CEO who reports regularly to the Board. If there are any
issues outside tlie day-to-day running of the organisation, then an extra-ordinary meeting is arranged.
Objectives of the Charity
The aims of NDAWA have been encapsulaled in the following mission statement..
"Our visioti for the future is to see a time when the voices of women, children and young people living with
domestic violence are heard, understood, where infonnation and support is locally available. Where the
community in which we live is a safe and healthy place and where doineslic violence no longer exists.
Financiftl instrum¢nts
Objeclives aiidpolicies
The ¢harity's activities expose it to a number of financial risks including credil risk, cash flow risk and liquidity
risk. The iise of financial derivatives is governed by the charity's policies approved by the Board of Directors,
whi¢h provide written principles on the use of financial derivatives to manage these risks. The charity does not
use derivative financial instruments for speculative purposes.
Credil risk
Th¢ rharity's principal fiiiancial assets are bank balances and cash, trade and other receivables, and investments.
The charity's credil risk is primarily attributable to ils trade receivables. The amounts presented in the balaiice
sheet ar¢ net of allowances for doubtful receivables. Ali allowance for impairment is made where there is an
'denlified loss event which, based on previous experieiice. is evidence of a reduction in the recoverability of the
cash flows.
The credit risk on liquid fund5 and derivative financial instruments is limited because the ¢ounterparties are
banks with high ci'edit-ratings assigned by international credit-rating agen¢ies.
The charity has no significant concentration of Credit risk, wilh ¢xp05ure spread over a large number of
counterparties and customers.
Liquidily rlsk
Iii order to maintain liquidity lo ensure that sufficient funds are available for ongoing operations and futtire
developments, the charity uses a mixture of long-term and short-tenn debt finan¢e.
Fuither delails regai'diiig liquidity risk Can be found in the Statement of Accounting Policies in the financial
statemeiils.
Page 9

North Down & Ards Women's Aid
Trustees, Report
The annual report was approved by the trustees of the charity on 16 Decemb¢r 2024 and signed on its behalf by..
Jenn
r Gill
Trustee
Page 10

North Down & Ards Women's Aid
Statement of Trustees, Responsibilities
The Iruslees (who are also the directors of North Down & Ai'ds Women's Aid for the purposes of company law)
are responsible for preparing the Trustees, Report and the financial statements in accordan¢e with the United
Kiiigdom Accounting Siandards (United Kingdom Generally Arcepted Accounting Practice) and applicable law
and regulations.
Company law requires the trustees to prepare fii)ancial statements for ¢ach financial year. Under ¢ompany law
Ihe trustees must iiot approve the financial statements unless they are satisfied that they give a true and fair view
of the slate of affairs of the charitable company and of its incoming resoui'ces and application of resources,
including its income and expenditure, for that period. In preparing these financial stateineiiÉs, the trustees are
required to:
select suitable accounting policies and apply them consistently.
observe the meihods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material departures
dis¢losed and explained in ihe financial statements; and
prepare the financial statements on th¢ going concern basis unless it is inappropriate to presume that the
haritable Company will continue in business.
The Irustee5 are responsible for keeping adequate accounting records that are sufficient to show and explain the
charitable company's transactions and dis¢los¢ with reasonable accuracy at any time tlie financial position of the
charitable company and enable theni to ensure that the financial stalements comply with the Companies Act
2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable 5t¢P5 for the prevention and deleclion of fraud and other irregularities.
Approved by the trustees of the charity on 16 December 2024 and signed on its behalf by:
er Gill
Trustee
Pagell

North Down & Ards Women's Aid
Independent Auditor's Report to the Members of North Down & Ards Women's Aid
Opinion
We have audited the financial statements of North Down & Ards Women's Aid (the 'charity') for the year ended
31 March 2024, which comprise the Slalement of Financial Aclivilies, Balance Sheet, Statement of Cash Flows.
and Notes to the Financial Siatein¢nts, including a siimmary of significant accounting policies. The financial
reporting framework that has been applied iii their preparation is applicable law and United Kingdom
Accountiiig Standards (United Kingdom Geiierally Accepted Accounting Practice).
In oui. opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 March 2024. and of ils total incoming
resources and expenditure of resources, for the year then ended.
have been properly prepared in accordaii¢e with United Kingdom Generally Accepted Accounting Practice.
and
hmve been prepared in accordance with the requirements of the Companies A¢t 2006
Basis for opinion
We conducted our audit in accordaiice with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibiltlies under ihose 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 iii
accordance with the ethical requireiy]ents Iliat are relevant to our audit of the financial statements in the UK,
including Ilie FRC'S Ethical Siai)dard, and we have fitlfilled our other etl)ical responsibilities in accordance iviih
thes¢ requirements. We believe that the audit evidence we have obtafftned is sufficient and appropriate lo provide
a basis for our opinion.
Conclusions relating to going concern
In auditing the financtal slatements, we have concluded that the Trustees. use of the going concern basis or
accounting in the preparation of the financial statements is appropriate.
Based on Ihe work we have performed. we have not identified any material uncertainties relating lo ev¢nts oi.
conditions that, individually or ¢olleclively, niay cast significant doubt on the company's ability lo conlinue
as a going concern for a period of al least twelve months from wheii the financial statements are auihorised
for issue.
Our responsibilities and ihe responsibilitie5 of the Trustees with respect to going concern are described in the
relevant sections of this report.
Page 12

North Down & Ards Women's Aid
Independent Auditorls Report to the Members of North Down & Ards Women's Aid
Other Information
The trustees are respoi)sible for the other information. The other informalion comprises lh¢ infonnation included
in the Annual Reporl, other than the fiiiancial statemenls and our Report of the Indepeiident Auditors thereon.
Our opinion on the fii)ancial statements does nol cover the other information and, except to the extent oihenvise
explicitly stated in our report, we do i)ot express any fonn of assurance conclusion Ihereon.
In conneclion with our audit of the financial statements, our responsibility is to read the other inforniation and,
in doing so, consider whethei. the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or otherwise appears to be materially niisslated. If we identify such material
inconsistencies or apparent material misstatem¢nts, we are required to delemiine whether this gives rise to a
material misstatement in the financial statements theniselves. If, based on the work we l)ave perfonned, we
onclude tliat there is a material misstatement of this other infom)ation, we are required to report that fact. We
have nothing to report in this regard.
We have been appointed as auditor uiider section 65(2) of the Charities Ath (Northern Ireland) 2008 and report
accordance with regulations made under section 66 of that Act. Our responsibility is to audit and express an
opiiiion on the fiiiancial statements in a¢¢ordance with applicable law and Intemational Standards on Auditing
(UK and Ireland). Those standard5 require us to comply with the Auditing Practices Board's Ethical Standards
for Auditors.
Opinion on other matters prescribtd by the Companies Act 2006
In our opiiiion, based on the work undertaken in the Course of the audit:
the infomation given in the Report of the Trustees for the financial year for which the fii)ancial slalements
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 which we are required to report by exc¢ption
In Ilie light of the knowledge and understandiiig of the company and its environment obtained in tlie course of
the audit. we have not id¢nlified material misststements in the directors, report included within the Irustees,
report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
reporl to you if. in oui. opinion-
adequate a¢¢ounting records have not been kepl or r¢turns adequate for our audit have not been received
from branches not vislled by u5. or
the financial statements are not in agreemenl with the a¢¢ounting records and returns. or
certain disclosures of irustees, remuneration specified by law are not made. or
we have not received all the information and explanations we require for our audit. or
the trustees We￿ not entitled to take advantage of ihe small companies exemption from the requirement to
prepare a Strategic Report or in pi'eparing th¢ Report of the Trustees.
Page 13

North Down & Ards Women's Aid
Independent Auditor's Report to the Members of North Down & Ards Women's Aid
Responsibilities of trustee5
As explaiiied more fully in the Siatement of Trustees, Responsibilities [set oul on page I 1], the trustees (who are
also directors of the charitable company for the purposes of compaiiy law) are responsible for the preparalion of
the finaii¢ial statements and foi. beiiig satisfied that they give a true and fair view. And for such internal control
as Ilie trustees determine is necessary to enable the preparation of finai)¢ial statemeiils that are free from material
misslat¢menl, whether du¢ to fraud or error.
In preparing Il)e financial statements, the trustees are responsible for assessing the charitable Company's ability
to ¢ontii)ue as a going concern, disclosing, as applicable, matters relaled to going concein ai)d using the going
concern basis of accounting unless the trustees either intend to liquidate the Charitable company or lo cease
operations, or have no realisti¢ alternative but to do so.
Our responsibilities for the audit of the fJnanciAI statements
Our objectives are to obtain reasonable assurance about whether the fiiiancial statements as a whole are free
from material misstatement, whethei. due to fraud or error, and to issue a Report of the Independent Aiiditors
thal includes our opinion. Reasonable assurance is a high level of assurance, biit is not a guaranlee that an audil
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 oil the basis of tliese financial
statements.
Page 14

North Down & Ards Women's Aid
Independent Auditor's Report to the Members of North Down & Ards Women's Aid
The extent to which our Audit wos capable of detecting irregularities, including frnud
Irregularities, including fraud, are instances of non-compliance with laws and regulalions. We design procedures
in line with oui. responsibilities. outlined above, to detect material misstatements in r¢sp¢¢l of irregularities.
ii)¢luding fraud. In assessing and detecting irregularities such as fraud and non-compliance with laws and
regulation5 we considered the following..
the matters discussed among the audit engagement team and any other relevanl professionals regarding how
and where fraud might occur in the financial statements and any potential indicators of fraud.
the nature of the industry and any laws and regulations applirable to the company and the industry;
the company's own assessment of the risk of fraud and other irregularities.
the company's policies and procedures in relation to-
how they identify and comply with all relevant laws and ￿gulatiONS and whether they are aware of any
non-¢oinpliance;
how th¢y delect and respoiid to risks of fraud and their knowledge of any actual, 5uspe¢ted or alleged fraud.
and
the control environment within the company and how this mitigates risks of fraud and instances of
non-compliance with laws and regulations.
As a result of these proCedU￿s, we Considered the opportunities and incentives that may exist within the
organisation for fraud and identified the greatest poteiitial for fraud iii relation to misappropriation of assets. In
common with all audits under ISAS (UK). we are also required lo perforni specific procedures to respond to the
risk of management Ove￿Ide.
In response to the risk of material misstatement throiigh irregularities and non-compliance with laws and
regulations. we designed procedures which included, but were not limited to:
ensuring the engagement team had the appropriate knowledge and expertise in order lo be able to identify and
recognise any iiislances of fraud or non-compliance with laws and ￿gUlations.
we identified Ilie laws and regulations applicable to the company through discussions with directors and
manageineiit and from our knowledge and experience of tlie sector; and
ensuring the audit was rarri¢d out with a level of professional scepticism.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed pro¢edures
which included, but were not limited to:
enquiring of management ¢oncerns of actual and potential litigation and claims-
agreeing the financial statement disclosiires to Linderlying supporting dociimentation to assess compliance with
relevant laws and regulations; and
reviewing correspondence with the Charity Commission for Northern Ireland and any other relevant regulalory
bodies
Page 15

North Down & Ards Women's Aid
Independent Auditor's Report to the Members of North Down & Ards Women's Aid
To address the risk of fraud through management bias and override of controls, we..
perform analytical procedures to identify any unusual or unexpected relationships that may indicate risks of
material misstatement due to fraud.
test the appropriateness of journal entries and other adjustments.
assess wheilier the judgements made in making accounting estimates are indicative of a potential bias. and
evaluate tlie business rationale of any significant transactions that are unusual or outside the nomial course of
business.
We also communicated relevant identified laws and regulations and potential fraud risks lo all engagement team
members and significant component audit teams, and ￿mained alert to any indications of fraud or
noncompliance with laws and regulations throughout the audit.
There are inherent limitmtions in our audit procedures described above. The more removed that laws and
regulations are from financial transactions, the less likely it is that we would become aware of non-compliance.
Auditing standards algo limit tlie audit procedures required to identify non-compliance with laws and regulations
to enquiry of the dire¢lors and other management and the inspection of regulatory and legal correspondence, if
any.
Material misstatements that arise due to fraud can be harder to det¢¢t than those that arise from error as they
may involve deliberate concealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at..
www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report.
Use of our report
This repoil is made solely lo the charitable ¢ompany's members, as a body, in accordance wilh Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to ihe 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 extenl pern)itted by law, we do not accept or assume responsibility to anyone other than
the charitable company and the charitable company's members a5 a body, for our audit work, for this report. or
for the opinions we have fomied.
Conaill McGr
For and on b
(Sen
fof
Statutory Auditor)
.B. McGrady & Co, Statutory Auditor
Suite 2B Cadogan House
322 Lisburn Road
Belfast
BT9 6GH
Dale..
Page 16

North Doivn & Ards Women's Aid
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Restrieted
funds
TotAI
2024
Total
2023
Note
Income and Endowments from..
Donations and legacies
Charitabl¢ activities
Investment income
32,547
7,106
1,941
1,830
552,730
34,377
559,836
1,941
24,931
531,812
277
Total Income
41,594
554,560
596,154
557,020
Exp¢nditure on:
Raising fuiids
Charitable activities
(2,194)
{65,842)
(13)
600,339)
(2,207)
(666,181)
(4,799)
(538,526)
Total Expenditure
68,036)
600,352)
{668,388)
543,325)
Net (expendi￿re)/1neome
Transfers between fiinds
(26,442)
10,543
(45,792)
(10,543)
(72,234)
13,695
Nel movement in fuiids
(15,899)
(56,335)
(72,234)
13.695
Reconciliation of funds
Total funds brought forward
347,476
231,387
578,863
565,169
Total funds carried forward
17
331,577
175,052
Unrestri¢ted
funds
506,629
Restricted
funds
578,864
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable a¢tivities
Investment income
24,931
7.636
277
24,931
531,812
277
524,176
Tolal Income
32,844
524,176
557,020
Expenditure on:
Raising fvnds
Charitable activities
(4.751)
{41,007)
(48)
(497,519)
(4.799)
538,526)
Total Expenditure
Nel (exp¢nditure)liiicome
Transfers between ￿ndS
(45,758)
(497.567)
{543,325}
(12,914)
18,664
26,609
(18,664)
13,695
Net movement in fijnds
5,750
7,945
13,695
Reconcilintion of funds
Total funds brought forward
Total funds carried forward
341,726
223,443
565,169
17
347,476
231,388
578,864
Page 17

North Doivn & Ards Women's Aid
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
All of the charity's activities derive from continuing operations during the above two periods. The funds
breakdown for 2024 & 2023 is shown in not¢ 17.
Page 18

North Down & Ards Women's Aid
(Registration number: N1031238)
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
12
158,185
169.293
Current Assets
Debtors
Cash at bank and in hand
13
42,300
443,529
17,886
556,990
485,829
574,876
Creditors: Amounts falling due within one yeAr
14
(54,478
(82,397)
Net current assets
431,351
492,479
Net #ssets
589,536
661,772
Fund5 of the charity:
Restricted funds
175,052
231,388
Unrestricted income funds
Unrestricted funds
Revaluation reserve
331,576
82.908
347.476
82,908
16
Total unreslricted funds
414,484
430,)84
Total funds
17
589,536
661,772
The financial statements on pages 17 to 33 were approved by the trustees, and authorised for issue on 16
December 2024 and signed on their behalf by:
ifer Gill
Trustee
Page 19

North Down & Ards Women's Aid
Statement of Cash Flows for the Year Ended 31 March 2024
2024
2023
Note
Cash flows from operating Aetivities
Net cash (expenditure)lincome
(72,234)
13,695
Adjustments to eash flows from non-cash items
Depreciation
Investment income
11,109
{1,941)
9.384
{277)
22,802
(63.066)
Working capital adjustments
(Increaseydecrease in debtors
(Decrease)lincreas¢ in creditors
13
14
(24,417)
(27,919)
11,091
65,133
Net ¢asli flows from operating a¢tivities
Cash flows from inve$ting activities
Iiiterest receivable and simtlar income
Purchase of tangible fixed assets
(115,402)
99,026
1,941
277
7,760)
12
Net cash flows from investing activities
Net (decreas¢)lincrease in ¢ash and casli equivalents
Cash and cash equivalents at l April
Cash and cash equivalents at 31 March
1,941
(7,483)
(113.461)
91,543
556,990
465,447
443,529
556,990
All of the cash flows are derived from continuing operations during the above two periods.
Page 20

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
I Charity status
The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees
is liable to contribute an amolint iiol exceeding £Nil towards the assels of the charity in the event of liquidation.
The Charity is incorporated in Northern Ireland.
2 Accounting policies
Summ4ry of significant #ccounting polieies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statemeiits are set out below.
These policies have b¢¢n consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial stateiiienls have been prepared in accordance wilh Accounting aiid Reporting by Charilies:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Repoiting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) (effective l Janiiary
2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and the Companies Act 2006.
BASIS of preparation
North Down & Ards Women's Aid meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are inilially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
Going concern
The financial statements have been prepared on a going concern basi5.
The trustees believe that the charity will continue as a going concern. Fuiiders have shown theinselves to be
supportive, flexible and adaptive to the current sithation which is an iiivaluable help to the Womeii's Aid
community.
The organisation continues to work An partnership wilh government bodie5 and agencies in terms of developing
longer term slrategy to support victims of domestic violence.
Income And endowments
All in¢ome is recognised once the charity has enlitlement to the income, it is probabl¢ that the income will be
received and the amount of the incom¢ receivable cali be nieasured reliably.
Doiiulions and legaeles
Donations are recognised wlien Ilie charity has been notified in writing of both the amouiit and settlement date.
In the eveiit that a donalion is subject to conditions that require a level of perfomianGe by the cliarity before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully
mel, or the fulfilmenl of those ¢ondilions is wholly within ihe control of the charity and it is probable that these
conditions will be ￿lfilled in the reporting period.
Page 21

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
Granls receivable
Grants are recognised when the charity has an eiititlemenl lo the funds and any conditions linked to the grants
have been mel. Where performance conditions are attached lo the grant and are yet lo be mel, the income is
recognised as a liability and included on the balance sheet as deferred in¢ome to be released.
Defei'red iiiconie
Deferred income represents amouiit5 received for future periods and is released to incoming resources in the
period for which, it has been received. Such income is only deferred wli¢n:
The donor specifies that the grant or donation must only be used in filture accounting periods; or
The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and tl)e amount can be measured reliably. All costs are allocated lo th¢ applicable
expenditui'e headiiig that aggregate similar costs to that category. Where Costs cannot be directly attributed lo
particular headings they have been allocated on a basis consistent with the use of resources, with e¢ntral staff
osts allo¢ated on the basis of time spent, and depreciation charges allo¢at¢d on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Raisingfuiids
These are rosls incurred in attracting voluntary income, the management of investments and those inciirred in
trading activities that raise funds.
Chari(able aeilvilies
Charitable expenditure comprises th05e costs in¢Eirred by the ¢harity in the delivery of it5 activities and services
for ils beneficiaries. It includes botl) ¢osts that Gan be allocated directly to such acttviti¢s and thos¢ costs of an
indirect nature necessary to support them.
Supporl Costs
Support costs include central functions aiid have been allocated to activity cost categories on a basis consistent
with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the
time spent and other costs by their usage.
Goveriiaiice cosls
These include the costs attributable to the charity's compliance with constitutioiial and statutory requirements,
including audit, strategic maiiagement and Irustees's meetings and reimbursed expenses.
Taxation
The charity is constdered lo pass the tests set oiit in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets ihe definition of a charitable company for UK corporation tax purposes. Accordingly, the
charity is potentially exempt from taxation in i'esp¢ct of income or capital gains received wiihin categories
overed by Chapter 3 Part I l of the Corporation Tax Act 201 O or Sectioii 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gmins are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £0.01 or more are initially recorded at cost, less any subsequent accumulated
depi'eriation and subsequent a¢ciimulated impairment losses.
Page 22

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
Depreciation and amortisation
Depr¢¢iation is provided on tangibl¢ fixed assets so a5 Éo write off th¢ cost or valuation, less any estimated
residual valiie, over their expected useful economic life as follows:
Asset elAss
Buildings
Fixtures & Fitting5
Computer Equipment
O￿l¢e Equipment
Depreciation method and rate
20/0 Straight Line
25 % Straight Line
250/0 Sii'aight Line
250/0 Straight Line
Trade deblors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary
course of business.
Trade debiors are recognised initially at the transaction price. They are subsequently Measur￿ at amortised cost
using the effective interest metliod, less provision for impairnient. A provision for the impaimient of trade
debtors is established when there is objective evidence that the charity will not be able lo collect all amounts due
according to the original tenns of the receivables.
Cash And cash equivilents
Cash and cash equivalents comprise cash oil hand and ¢all deposits, and other short-term highly liquid
investments that are readily ¢oiivertible to a known amount of cash and are subject to an insignificant risk of
cllange in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve inonihs
after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest method.
Borrowlngs
Interest-beariiig borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently carried at amortised ¢osÉ, with the difference between the proceeds, net of
transa¢lioii costs, and the amount due on redemption being recognised as a charge to the Statement of Financial
Acliviti¢s over tlie period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in inlerest payable
and similar ¢harg¢s.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelve Inonths after tl)e reporting date.
Page 23

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
Fund structure
Unrestricted income funds are general thnds that are available for 115¢ at the trustees, dis¢retion in fijrtherance of
the objectives of the chai'ity.
Designated funds are unrestiicted funds set aside for specific purposes at Il)e discretioii of Ihe Iru5tees.
Restricted income fiinds are those donated for use in a particular area or for specifir purposes, the use of which
is restricted to that area oi. purpose.
Pensions and other p05t retirement obligations
SCHEME.. TPT Relir¢m¢i)t Solulions - The Gromrth Plan
Tlie company participates in a defined benefit pension plan that is accounted for as a defiiied coiilribution plan.
At the date of last valuation, the plan had a deficit of £31.6m. Participating employers are asked to fund th¢
deficit by paying additional contributions line with their estimated share of ihe scheme liabtlities. The scheme
is classified as a 'last-man standing aiTangement'. Therefore the company is potenlially liable for other
participating employers, obligations if those employers are unable to iyjeet their share of the scheme deficil
following withdrawal from the scheme. Particlpating employers are legally required lo meet their shal'e of the
scheme deficit on an annuity purchase basi5 on withdrawal from the scheme. Where the schenie is in deficit and
where tl)e company has agreed to a deficit ￿ndIng arrangenient the company reeognises a liability for this
obligatioii. The amount recognised is th¢ net pi'esent value of the deficit reduction Contributions payable under
the agreement tl)at relates to the deficit.
Financial instruments
Classijlcalio
Financial assets and financial liabilities are recogiiised when the cl)arity becomes a party to the contractual
provisions of the instrument.
Financial liabilities and equity instniments are classified according to the substsn¢e of the contractual
arrangemeiits entered into. An equity instrument is any conlract that eviden¢es a residual interest in the assets of
the Charity after deducting all of its liabilities.
Recognitioii measupenienl
All financial assets and liabilities are initially measured at transaction prtce {in¢luding transaction costs), except
for Ihose financial assels classified as at fair value through profit or loss, which are initially measured at fair
value (which is normally the Iransaclion price excluding transaction costs), unless the arrangement constitutes a
financing transaction. If an arrangement conslitules a financing transaction, the finaiicial asset or financial
liability is measured at the present value of the future payments discouiited at a market rate of ititerest for a
5iniilar debt inslrunient.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there
exists a legally enforceable right to set off the recognised amoiints and the Charity intends either to settle on a
net basis. or to realise the asset and settle the liability simuliaiieously.
Finaiicial assets are derecognised when and only when a) the contractual rights to the cash tloiys from the
financial asset expire or are settled, b} the cliarity ti'ansfers to another party substantially all of the risks and
rewards of owiiership of the financial asset, or ¢) the cliarity, despite l)aving retained some, but not all,
significant risks and rewards of ownership, has transferred control of the asset to ai)other paty.
Financial liabilities are derecognised only when the obligation specified in the contract is dis¢harged, cancelled
or expires.
Page 24

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
Fair valiie measuremenl
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices
are unavailabl¢, the price of a recent Iransaclion for an idenli¢al asset provides evidence of fair value as long as
there has not been a significant change in e¢onomic circumstances or a significant lapse of lime since the
transaction took place. If the market is not active and recent traiisactions of an identical asset on tl)eir own are
not a good estimat¢ of fair value, the fail. value is estimated by using a valuation technique.
3 Income from donations and legacies
Unrestricted
funds
Restricted
funds
Total
2024
TotAI
2023
General
Donations and legacies.
Donations from individuals
32,547
34,377
24,931
32,547
1,830
34,377
24.931
4 Income from charitable Activities
Unreslricted
fund5
Restricted
funds
Total
2024
Tolal
2023
General
Charitable Activities
7.106
552,730
559,836
531,812
5 Investment income
Unrestricted
funds
Total
2024
Total
2023
General
Interest receivable and similar income.
Int¢￿st receivable on bank deposits
1,941
1,941
277
Page 25

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
6 Expenditure on charitable Activities
Unrestricted
funds
Restrieted
funds
Total
2024
Total
2023
GenerAI
Note
Charitable Activities
D¢preciation,
amortisatioi) and other
similar costs
Staff costs
Governance cost5
48,379
162,641
211,020
145,146
11,109
6,054
300
11,109
433,983
10,069
666,181
9,384
370,688
13,308
427,929
9,769
65,842
600,339
Aetivity
undertalcen
directly
538,526
Total
2024
Total
2023
Employmeht Costs
Employment Agency Costs
Establishment Costs
Insurance
Repairs & Maintenance
Office Expenses
Prfftnting, Postage & Stationery
Play Equipment & Materials
Project Costs
Health & Safety
Cleaning
Sundry & Other Costs
Bad Debts
Ti'avel & Subsistence
Advertising & R¢¢ruilmenl
Depreciation
416.353
18,107
66.597
4,561
46,209
28,004
2,134
1,751
13,746
3,395
3,198
11,216
259
11,502
14,491
11,109
416,353
18,107
66,597
4,561
46,209
28.004
2,134
1,751
13,746
3,395
3,198
11,216
259
11,502
14,491
11,109
370,687
6,630
56,561
4,129
10,770
21,418
2,313
6,638
6,044
3,499
10,478
1,308
4,847
15,311
9,384
652,632
652,632
530,017
£62,048 (2023 - £45,758) of the above expenditure was attributable to unrestricted funds and £590,584 (2023 -
£484,260) to reslricled fiinds.
In addition to the expenditure analysed above. there are also governan¢¢ costs of £15.757 (2023 - £13,308)
which relate directly to charitable activities. See note 7 for further details.
Page 26

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
7 An*ly$is of governanee And support costs
Support costs allocated to chAritable aetivities
Governance
eosts
TotAI
2024
Total
2023
Affiliation Fees
Accountancy Fees
Audit Fees
Legal & Professional Fees
2,200
4.056
3,800
5,701
2,200
4,056
3,800
5,701
2,200
4,056
3,300
3.752
15.757
15,757
13,308
8 Net ineomingloutgoing resources
Net (outgoing)/incoming resources for ihe year include:
2024
2023
Depreciation of fixed assets
11,109
9,384
9 Trustees remunerAtion and expense5
No trustees, nor aiiy persons connected with them. have r¢¢¢ived any remuneration from the charity duriiig the
year.
10 StAff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Pensioii cosls
Other staff costs
362,212
26,714
27,591
17,466
308,127
27,177
26.512
8,872
433,983
370,688
The monthly average number of persons (including senior management team) employed by the charity during
the year expressed as full time equivalents was as follows..
2024
2023
Average iiuniber of employees
17
14
Page 27

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
Coi)tribulions to the employee pension schemes for the year totalled £24,047 (2023 - £22,486).
No employee received benefits {excludiiig employer pension costs) of more thai) £60.000 during Ihe year.
During the year Ihe charity made the following transactions wilh key management personnel.,
CEO
The CEO received reinuneration of £57,629 (2023.. £29.956)
Finance Manager
The Finance Manager received remuneration of £8.200 (2023: £48,627)
Service MAnager
The Service Manager received remuneration of £41,745 {2023.. £41,672)
Childrens Services ManRger
The Childrens Services Manager re¢eived remuneration of £38,714 (2023.. £38,109)
The Finance manager left in Marcli 2023 and agency staff wei'e used until late 2023 to cover this positioii.
Pag¢ 28

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
11 TaxAtion
The charity is a registered charity and is iherefore exempt from taxation.
12 Tangible fixed #ssets
Land And
buildings
Furniture and
equipmenl
Total
Cost
At l April 2023
150,000
112,681
262,681
At 31 March 2024
150,000
112.681
262,681
Depreciation
At l April 2023
Charge for the year
93.387
8,109
93,387
11,109
3,000
At 31 March 2024
3,000
101,496
104,496
Net book value
Ai 31 March 2024
147,000
11,185
158,185
At 31 March 2023
150,000
19,294
169,294
13 Debtors
2024
2023
Trade debtors
Prepayments
Accrued iiicome
Other debtors
1,699
2,131
14,056
2,510
35,136
4,655
42.301
17,886
14 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Other laxation and social security
Other creditors
Accruals
6,425
14,287
18,643
15,123
3.038
14,936
57,367
7.056
54,478
82,397
There is £7,516 of deferred income included in the Other Creditors Ihal is for use in future periods.
Page 29

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
15 Pension and other schemes
Defined contribution pension scheme
The charity operat¢5 a defined contribution pension scheme. The pension cost charge for the year represents
ontributions payable by the charity to the scheme and amounted to £24.047 (2023 - £22,486).
Defined benefit pension schemes
The Charity also has a legacy defined benefit pension scheme. The scheme has a deficit which is monitored by
the scheme's actuaries each year. A plan was put in place several years ago where all contribiiting employers are
making additional conlributioils to ensure the scheme will be fully funded.
16 Reserves
Revaluation
reserve
Total
At l April 2023
(82,908)
(82,908)
The property held by the charity wa5 revalued in September 2023 ai)d this resulted in an increas¢ in ihe
property's value, which is represented by this revaluation reserve.
Page 30

North Down & Ards Women's Aid
Iyotes to the Financial Statements for the Year Ended 31 March 2024
17 Funds
BalAnee at
31 MAreh
2024
BalAnee at I
April 2023
Incoming
resources
Resourees
exp¢nded
Transfers
Unrestricted funds
General
Unrestricted Income Funds
271,192
41,593
(68,036)
15,486
260,235
Deslgnoted
Pension Shortfall Reserve
Redundancy Res¢rve
16,682
59,602
(4,943)
11,739
59,602
76,284
(4,943)
71,341
Total Unrestricted funds
347.476
41,593
68,036)
10,543
331,576
Restrieted funds
All State NI
Ards & NDBC LMP Small
Graiit
Ards & NDBC Workplace
Wellbeiiig
BME. NRPF
CFNI - Oak Foundation
Children Iii Need
S E H & SC Trust (Childrens
Work)
Surestart (Childrens Work)
CHNt - Goodwill Graiit
CFNI - OSS
Housing Rights - Social Value
Nationwide Rural Support
Project
Floating Support (NIHE)
Housing Management (NIHE)
HM Re￿ge Services
Supporting People (NIHE)
PFL4 Personal Development
Program
Probation Board M - PPRP
SET MDT Seed Funding
Storehouse ND Hardsliip Fund
See, Hear, ACT, WAFNI
Hom¢less Prevention Fund
{MHE}
24
(24}
3,450
(3,600)
150
250
9,110
20.000
30,039
(250)
(6,051)
{17,715)
(29,224)
924
(3,983)
2.285
2,887
2,072
41,396
6,673
58,580
9,095
396
5,000
650
(69,708)
(8,781)
{386)
(1,135)
30,268
6,987
io
3,865
(650)
50,000
133,250
30.281
6,102
125.270
(24,390)
(161,481)
(36,999)
(320)
(156.218)
25,610
5,510
32,605
19,698
1.136
(12,980)
12,980
(1.136)
18.762
269
32,353
4.065
5,250
5,000
1,584
13,050
(4,065)
(3,500)
(5,000)
(1,583)
(10,735)
{1,750)
(i)
2,315
(1,274)
1,274
Page31

North Down & Ards Women's Aid
Notes to the Financial Statements for the Year Ended 31 March 2024
Balance at
31 iVIAreh
2024
BalAttce at I
April 2023
Incoming
resources
Resources
expended
Transfers
Rank Foiindation - NI Start
Here
Capital Grants
NIHE - PIF Capital
22,581
67,092
5,970
15,615
(29,417)
,779
64,092
3,411
(3,000)
(2,559)
Total restrieted funds
231,388
526,037
(571,832)
(10,543)
175,050
Total funds
578,864
567,630
{639.868
506,626
Balance at
31 MA Yeh
2023
BAl#nee at I
April 2022
Incoming
resources
Resourees
expended
Transfers
Unrestrieted funds
General
Unrestricted Income Fund5
251,375
32,844
{45,760)
32.733
271.192
Desighftled
Pension Shortfall Reserve
Redundan¢y Reserve
30,749
59,602
(14,067)
16,682
59,602
90,351
(14,067)
76,284
Totil unrestrieted (unds
341,726
32.844
(45,760)
18,666
347,476
Restricted fund5
All State NI
Ainazon Voucher Donation
Ards & ND PCSP- OSS
BME . NRPF
Children In Need
S E H & SC Trust {Childrens
Work)
Surestart (Childrens Work)
Floating Support INIHE)
Housing Management (NIHE)
Supporting Peopl¢ IMHE)
Probation Board Nt - PPRP
NIHE Covld Costs
NIHE Covid Staffing costs
Homeless Prevention Fund
(MHE)
CHNt - Goodwill Grant 2022
Rank Foundalion - NI Start
Here
3,572
{3,548)
{130)
(14,960)
(1,337)
{30.188)
24
130
80
14,880
2,261
28,504
924
2,072
3,756
43,058
8,942
27,567
28,143
33.132
56,149
8,337
129,736
35,297
182,307
(57,811)
(10,607)
(118,341)
(37,311)
(177,355)
{771)
(1.755)
(2,565)
41,396
6.672
32,605
19,698
32.354
(6,357)
{6,431)
(5,730)
771
1,755
2.565
324
28,650
483
(28,984)
(483)
10
34,000
{11,419)
22,581
Page 32

North Down & Ards Women's Aid
Iyotes to the Financial Statements for the Year Ended 31 March 2024
Balance At
31 Mareh
2023
Balance #t I
April 2022
Incoming
resourees
Resource5
expended
Tralksfers
Capital Granls
NIHE- PIF Capital
69,992
8,529
(2.900)
(2,559)
67,092
5,970
Total restrieted funds
223,443
524,176
(497,565)
(18,666)
231,388
Total funds
565,169
557,020
543,325}
578,864
18 Analysis of net #ssets between funds
Unrestricted
funds
Restricted
funds
General
Total funds
Tangible fixed assets
Current assets
Current liabilities
90,681
378,282
54,478
67,504
107,548
158.185
485,830
54,478
Total net assets
414,485
175,052
589,537
19 Analysis of Det funds
At 31 March
2024
At l April 2023
Cash flow
Cash at bank and in haiid
556,990
(113,461)
443,529
Net debt
556,990
(113,461)
443,529
20 Related party tr#nsACtions
There were no related party Iransactions in the year.
Page 33