Company registration numb¢r- N1031238 Charity registration number: NIC106118 North Down & Ards Women's Aid (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025 M.B. McGrady & Co Chartered Accountants & Registered Auditors Suite 2B Cadogan Hoiise 322 Lisburn Road Belfast BT9 6GH
North Down & Ards Women's Aid Contents Reference and Administrative Delails Strategic Report 2to3 Truslees, Report 4t09 Statement of Trustees, Responsibilities 10 Independent Auditors, Report 1110 15 Sialemenl of Financial Activities 16to17 Balance Sheel 18 Statement of Cash Flows 19 Notes to the Financial Sialements 201032
North Down & Ards Women's Aid Reference and Administrative Details Trustees Jennifer Gill Jenna Lowry Claire Louise Best Natalie Kathryn Swift Victoria Crooks Ai'leen Ellioti Elizabeth Fusco (appointed 13 June 2024) Deborah M¢Creadie Chlef Execulive Offieer Mrs Emalyn Turkington Principal Office 18 Blligham Streel Bangor BT20 5DW Registered Offjce 18 Bingham Street Bangor BT20 5DW The charity is incorporated in Northern Ireland. N1031238 Company Registration Number Charity Regi$tratlon Number NIC106118 Bankers Bank of Ireland 82A Main Street Bangor BT20 4AG Auditor M.B. McGrady & Co Chartered Accountants & Registered Auditors Suite 2B Cadogan House 322 Lisburn Road B¢lfasl BT9 6GH Page I
North Down & Ards Women's Aid Strategic Report for the Year Ended 31 March 2025 The Truslees have adopted the provisions of Ac¢ounling and Reporting by Charities- Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance wilh the Financial Reporting StandRrd applicable in the UK and Republic of Ireland (FRS 102) (eff¢ctive l January 2015). Overvlew North Down and Ards Women's Aid (NDAWA) was eslablished in 1982 and is the lead agency in Ihe local area supporting women, children aiid young people affected by domesti¢ aiid sexual abuse. We liave a strong ethos of for ivomen, Ivith women, by iyomen which is fundament&l to our service developinent and delivery. The aims of NDAWA are to: Provide temporary refuge lo women and their children suffering emotional, mental, physical or sexual abuse within their l)ome' Encourage Ivomen to take control of their own futhre,. Recognfise and care for the emotional needs of children and young people involved,. Offer emotional and practlcal support to any women who requests. either in the community or refuge. and Educate and inform the public, the media, the courts, social services, and other agenci¢s. The support provided by NDAWA is person-centred and focused on the needs of the women, children and young people. The staff team have the specialised skills, empathy and respect for confidentiality required to support domestic abuse survivors and their families. both in refuge and through community support services. The team provide Crisis intervention, safety planning, referrals to local resources and individual support sessions focusing on pi'actical and emotional support. Some examples of the support provided include- assistance with obtaining restraining orders, navigating the legal system, securing housTng benefil, addressing traum&, rebuilding self-¢st¢em, and helping women develop coping mechanisms. This year, the Board and the NDAWA team collaboratively developed our new 3-yeMr strategy. We engaged a consultant lo farilitate meetings with the Board, NDAWA staff, and to conduct vital consultations with the womeii who use our s¢rvices, as well as our partners and stakeholders. Tl)e resulting strategy siiccessthlly integrated our mission, values. ethos, and services. Furthennore, to align with the Government's Domestic & Sexual Abuse Strategy 2024-31 and the Ending Violeiice Against Women & Girls Strategy 2024-31, we structhred the plan around four key Pillars: Early Intervention & Prev¢iilion • Empowern]ent & Support Partnership & Collaboralive Working Workforce Development The significant increase in demaiid shown in this Trustee report highlights the incredible, essential work the NDAWA team delivered over the last year. I wanl to thank the staff, Board and volunteers for their tireless conimitment to helping women, children, and young people affected by domestic and sexual abuse. The NDAWA teain are instrumental in helping all service users find their voice and empower themselves. Despite reduced resources and the rise in violence against women and girls, the NDAWA team continues lo work powerfiilly, and I, as Chair, ackiiowledge that their dedication is saving lives. I want to take this opportunity to sincerely thank our funders and generous donors. The important work of NDAWA wouldn't be possible without their support. We are profoundly grate1 for their support. wiihout it, delivering this essential service would simply not be possible. Page 2
North Down & Ards Women's Aid Strategic Report for the Year Ended 31 March 2025 The strategic report was approved by the trustees of the charity on 8 December 2025 and SI)ed on ils behalf by.. ifer Gill Trustee Page 3
North Down & Ards Women's Aid Trustees, Report The trustees, who are directors for the purposes of company law, present the annual report together with the financkal statements of the charitable company for the year ended 31 March 2025. Slgnifjcant Actlvltles Current Context North Down & Ards Women's Aid (NDAWA) is a vital service provider in the Ards and North Down area. offering refuge, community support, and infonnalion to wonien, children and young people experiencing domestic and sexual abuse. We continue to see a rise in the nuniber of women and childrenlyoung people seeking support, highlighting the ongoing need for our services. We are actively working lo raise awareness of domeslic abuse and the support available to VL¢tims and survivors. Securing sustainable ndIng remains a challenge, however, this does not stop us being fvlly committed lo supporting the women, childi'en and young people using our services. In 2024125 our overall referrals into our Floating Support Team were 561, this is a 5/0 inci'ea8¢ from the previous year. Most referrals received were self-referral (460/0) and the PSNI (220/0). Other referral agencies include, ASSIST NI, Soci81 S¢rvices, NIHE, NDAWA One Stop Shop. 77 women were referred into our Refuge. Most of referrals received into Rege, again were self-Teferrals {23D/.} and tl)e 24 hour Domestic & Sexual Abuse Helpline (171)/o). Other referral agencies include NIHE, NDAWA Floating Support Team and other Women's Aid agenci¢s. All women, both in the Community and residing in Refuge were supported during their time with NDAWA through advocacy, court support, indivAduxlly tailored support plans, safety plaiis. and resettlement support. NDAWA had a success1 2024125 in securing new funding str¢ams. A key success was receiving a two-year grant from Awards for All, which fully supports the Journey to Freedom Programme. Tliis aligns with Pillar 2: Empowemient & Support in our new 3-year strategy. This 13-week programme provides a safe, supportive group process for women to explore their experieii¢es of doinestic abuse and its impact on themselves and their children. By providing knowledge and support, the programme's facilitator helps womeii build self-confidence, make infornied choices, and create positive change, uliiinalely empowering them to look toward the wilh hope and positivity. For 2024125, NDAWA received South Eastern Health & Social Services Trust MDT Seed Funding to deliver the Safe R¢lalionship Awai'eness Project (SRAP) in five post-primary schools within North Down & Ards, running from November 2024 to March 2025. Preventalive edu¢&tion is a high priority for NDAWA as we view it as a way for children and young people lo gain knowledge, equip children and young people from all backgrounds to gain all understanding of domestic abuse, coe1Ve Control, consent, healthylunhealihy relationships, learn how to keep themselves safe onliiie and leam how to safety plan in their relalionships. NDAWA continues to partner extensively with other agencies to deliver a holistic support system for wornen. children, and young people affected by domestic and sexual abuse. Our collaboratioii with Housing Righis was a major highlight this year. We continued lo deliver an innovative, immersive training Course iising a VR film lo ediicate liousing advisors on the critical link between coercive control and homelessness. As a resuli of this successfiil partnership, we won the Chartered Institute of Housing Partnership Award. As we move iiito 2025126, NDAWA is excited to grow. Our key focus will be expanding our outreach to connect with more women. childrei), and youiig people impacted by abuse. We remain dedicated to advocating for legal aiid policy changes and streiigiheiiing collaboi?lions to deliver the most holistic support to the women, cliildren and young people who use our services. Page 4
North Down & Ards Women's Aid Trustees, Report Cnicially, this work is fuelled by the dedication of our entire team. A massive thank you to our Board, staff, and volunteers for their passion, commitment, and hard work. Their passion, Commitment, enthusiasm, empathy, and hard work help drive our mission every single day. Thatth you all! Emalyn Turkington CEO Page 5
North Down & Ards Women's Aid Trustees, Report Flnancial revie)v The key parts of the accounts for North and Ards Women's Aid for the year April 2024 10 March 2025 are attached lo this report. NDAWA'S principal ndIllg continues to come from grant-making bodies and contract income from the South Easten) Health aiid Social Care Trust and the NI Housing Executive, which exists as both reslricled and unrestricted funds. As demand for our services continues to grow, we remain focused on se¢uring additional core funding to sustain and expand our support. As al March 2025, the total funds were £592,484, a small increase of £2,948 compared to the previous year. This reflects a redu¢tion in restricted fuiids of £37,335, offs¢t by an increase in unrestricted of £39,095. Tlie total funds comprise £299,560 of general unrestricted funds, £72,299 of designated reserves, £82,908 of M revaluation reserve and £137,717 of restr&cled nds. Income for the year was £646,237, an increase of £50,083 from the pi'¢vious year. One large restricted funder fell away in 24-25, but other restricted funders picked up the differenc¢. so overall the impact for the charity was minimal. Expendire for the year was £643,289, an increas¢ from £668,388 in the previous year. While general rumiing cosls remained high, staff costs increased to £455.753. reflecting the expansion of s¢rvices aiid staffing. Depreciation costs were also iiicurred, tolalling £10,228. Cash at bank and in hand at year-end was £453,154, up from £443,529 in 2024. This reflecls careful cash flow manmgement and a modest surplus for the year. Policy oil reserves In accoi'dance with our policy on reserves we aim to maintain a level of free reserves equivalent to six months annual expenditure to ensure there is no disruption to our services at short notice, due lo a lack of funds, an unforeseen Teduclion in income or an increase in expenditure. As of 31 March 2025. unrestricted and designaled reserves w¢r¢ £371,859. The finances of North Down and Ards Women's Aid are good. During the year, it was n¢¢essary lo draw on our reserves to provide esseiitial health and safety mainteiiance and the reserves are currently sitting just under the 6 monihs. Steps are being taken lo bring the reserves back to maintenance level and to identify iiew sources of funding lo help address the continuing demand for services aiid increasing costs. Page 6
North Down & Ards Women's Aid Trustees, Report Principal risks ond iincei'laiiilies There is no inbuili automatic increase lo our recurring fimding frorn NKHE & SEHSCT. To manage risk we regularly review costs, identify most cost effeclive meaiis to manage running Costs and through our processes have beeii able to ensure orgaiiisational wide contracts which represent saviiigs. In order to ensure that we do not Iiave a single source of funding which will increas¢ the risk of our ability to sustain our organisations work we seek and have secured other soiirces of fiinding to allow the introduction of necessary services and relaled costs. Principalfiinding sources Aside froni donations from private individuals and local businesses. the principle funding sour¢es for the chaiity are from grant making bodies and contract in¢ome from SEHSCT and NIHE Supporting People. The charity r¢cognizes the incirased iiecessity lo work in parli)ership and collaboration with other agencies to s¢¢ure future funding. All funds received are detailed within this report. Going concern The direclors believe that the charity will continue as a going concern. Funders have shown themselves lo be supportive, flexible aiid adaptive to ihe cun'ent situation which is an invaluable help to the Womeii's Aid community. The organisatioii continues to work in parttiership wilh government bodies and agen¢i¢s to develop loiiger tern) strategy to support victims of domeslic violence. The past financial year has marked a period of sigiiificant financial security and groM¢h for North Down & Ards Women's Aid (NDAWA). Funding Stability.. Our funding position is secure, with successful efforts to replace closing ndS and rnaintain the support of Current partneiB. Project Growth: We have successfully secured two new funded projects, both with long-terni, three-year nding commklmeiils. alongside sev¢ral success1 short-tenn xpplications that sustain our operations. Stralegic R¢serves.' Our finaThcial reserves are robust, remaiiiiiig untouched and ¢ov¢ring six months of operating Costs. Looking Ahead.. Strategic Expansion We are actively working lo diversify and expand our income streams- Major Application: We are currently preparing a substantial 3-10-5-year grant applicalion for th¢ 'Supporting Communities, (Lottery Funding} programme. Unreslricted Income: In 2026, we plan to boosl unrestrict¢d funds by opening a Charity Shop in the local area- we are now scouting for premises. Rental Property.. We are plawiing a property investment to extend our refuge capacity, using the rental property's income to cover its operational costs. We continue to evolve aiid adapt to meel the changing needs of our clients. Based on our Current strong funding partnerships, healthy cash reserves, and exciting plans for 2026, NDAWA is confidently positioned for tbe future. Page 7
North Down & Ards Women's Aid Trustees, Report Structure• governance and management Nnliii'e ofgoverning docunieiil 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 the Charities Commissioii for NI and with HMRC. The Board of Directors of North Down and Ards Women's Aid (NDAWA) meets on a moiiihly basis. It is respoi)sibl¢ for Ihe strategic direction of the organisation and oversees the management of the orgaiiisalion. The day-to-day managenient and operation of activities are carried out by a team of staff, led by Ihe C.E.O and the Senior Managenient Team, who also reporl to the Board of Directors. Directors are appointed according to tlie specific skills required by the organisation to fulfil its responsibilities as outlined in its Strategic Plan and are ratified on a yearly basis al the AGM. Recvuilnient and uppoin¢iiieii¢ of Irusfees It is an underpinning requirement that members of the Board of Directors have commitment lo and an understanding of the ethos, aims and values of NDAWA. Specific skills may be required and with this in mind, new Directors are attracted by word of mouth. The new Director is then invited to atlend the regular meetings and woiild become a full company Dire¢tor after being elected at the next AGM. liiduclion aiid irainiiig oftruslees There is an induction pack which includes roles and responsibilities for new Directors. A training and induction programme is also put in place. Major risks and nianfigeiiient ofihose visks There is no inbuilt automatic increase to our recurring funding from NIHE & SEHSCT. To manage risk we regularly review costs, identify most cost effective means lo manage runniiig costs and through oiir processes have been able to ensure organisational wide ¢ontracls which represent savings. In order to ensure that we do not h&ve 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 funding to allow the introduction of ne¢essary services and related Costs. Affiliatlon NDAWA are affiliated with Women'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 15 also an opportunity to sbare best pra¢tic¢ and local infonnation. Decision making process The governing body of NDAWA is the Board of Directors who are r¢sponsible for the strategic direction of the organisation and oversee the management of the organisalion. The day-to-day management and the operation of the aclivilies is carried out by a slaff team, led by the CEO who reports regularly to the Board. If there are any issues oulside the day-lo-day rnnnii)g of tlie organisation, then an exlra-ordinary meeting is arranged. Objectlves of the Charity The aims of NDA WA have been encapsulated in the following mission stateinent.. "Our vision for the tUre is to see a time when the voices of women, children and young people livffing with domestic violence are heai'd, understood, where inforniation and support is locally available. Where Ihe comrnunity in which we live is a safe and healthy place and where domestic violence no longer exists." Page 8
North Down & Ards Women's Aid Trustees, Report FlnanciAI instrument5 Objec(ives aiidpolicies Tlie charity's activities expose it to a number of financial risks in¢ludiiig credit risk, cash flow risk and liquidity risk. The use of finaiicial derivatives is govenied by the charity'5 policies approved by Ihe Board of Directors, whic51 provide written prin¢iples on the use of fiiian¢ial derivalives to manage these risks. The charity does not use derivative financial insliijments for speculative purposes. Cvedil risk The charity's principal financial assets are bank balances and cash, trade and other receivables, and inveslments. The cliarity's credit risk is priinai'ily attributable to its trade receivables. The amounts presented in the balaiice sheet are net of allowances for doubl1 receivables. An allowance for impainneiit is made where there is an iden¢ified loss event which, based on previous experience. is evidence of a reduction in the recoverability of the cash flows. The credit i'isk on liquid funds and derivative financial instnimenls is limited because lh¢ coiinterparties are banks with high credit-ratings assigned by international credit-i'ating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and Customers. Liquidity risk In order to mainlain liquidity to ensure that suffi¢ient llds are available for ongoing operations and future developments, the charity uses a mixture of long-tenn and short-tern] debt finance. Further details regarding liquidity risk can be found in the Siatement of Accounting Policies in the financial slalements. The annual report was approved by the trustees of the charity on 8 December 2025 and signed on its belialf by: fer Gill Trustee Page 9
North Down & Ards Women's Aid Statement of Trustees, Responsibilities The trustees (who are also the directors of North Down & Ards Women's Aid for the purposes of company law) are responsible for preparing the Tnistees, Report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. Coinpany law requires the Iruslees lo prepare financial statements for each financial year. Under company law th¢ trustees musl iiol approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the cl)Arilable company and of its incoming resources and application of resources, including its income and expendifvre, for that period. In preparing these financial slalemenls. the INslees are required to: select suitable accounling policies 3nd apply them Consistently. observe the methods 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 disclosed and explained in the financial slatemenls. and prepare th¢ fInan¢ial stat¢menls on the going concern basis unless it is inappropriate lo presume that the charitable company will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain Ihe charitable company's transactions and dis¢lose with reasonable accuracy al any tinie the fiiiancial position of the charitable conipany and enable them to ensure that the financial statements comply with the Coinpanies Act 2006. They are also responsible for safeguarding the assels of the charitable company and hence for taking reasonable steps for the prevention and d¢te¢lion of fraud and other irregularities. Approved by the trustees of the charity on 8 December 2025 and signed on its behalf by.. ifer Gill Trustee Page 10
North Down & Ards Women's Aid Independent Auditor's Report to the Members of North Down & Ards Women's Aid Opinlon We have aLidiled the financial statements of North Down & Ards Women's Aid (the 'charity') for the year ended 31 Mai'ch 2025, which ¢omprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows. and Notes to the FiNan¢ial Statements, including a summary of significant accounting policies. The financial reporting framewoi'k that has been applied in their preparatioii is applicable law and United Kingdom Accounling Standards (United Kingdom Generally A¢¢epted A¢counling Practice). In our oplnion the financial slalements: give a true and fair view of the state of the charity's affairs as at 31 March 2025, and of its total in¢oming resources and expenditure of resources, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Acc¢pl¢d A¢¢ounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006 Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those slandards are fiiriher desci'ibed in Ilie Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in ac¢ordan¢e with the ethical requirements Ihat are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have lfIlled our other ethical responsibilities in a¢¢ordan¢¢ with these requirements. We believe that Ihe audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going Concern In audiling the financial statements, we have concluded that the Trustees. use of the going concern basis of accountiiig in the preparation of the finan¢ial statements is appropriate. Based oil the work we have performed, we have not identified any material iincerlallilies relating lo events or conditions that, individually or collectively, may cast significant doubt on the companys ability lo continue as a going concem for a period of at least twelve months from when the financial statements are auiliorised for issue. Our responsibilities and the responsibilities of the Trustees wilh respect to goiiig concern are described in the relevant se¢tions of this report. Page 11
North Down & Ards Women's Aid Independent Auditor's Report to the Members of North Down & Ards Women'5 Aid Other Information The trustees are responsible for the other iiiformallon. The other inforniation comprises the information included in the Amiual Report, other than th¢ financial stat¢ments and our Report of the Independent Auditors thereon. Our opinion on the financial statemenls does not cover the other inforniation and, excepl lo the extent oihenvise ¢xpli¢iily stated in our report, we do not express any form of assurance conclusion thereon. In connection with oiir audit of the financial slatemenls, our responsibility is to l'ead the other information and, in doing so, consider whether the other infonnation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent materiAI misstatements, we are required to detennine whether this gives rise to material misstatement in the financial stat¢ments themselves. If, based on the work we have perfonned, we ¢onclude that there is a material misstatement of this other infonnation, we are required to report Ihat fact. We have nothing to report in Ihis regard. We have been appointed as auditor under section 65(2) of the Charities Act (Norihem Ireland) 2008 and report in accordance with regulations made under section 66 of that Act. Our r¢sponsibility is to audit and expi'ess an opinion on the financial statements in accordance with applicable law and International Standards on Audiling (UK aiid Ireland). Those standards require us to comply with the Auditiiig Practices Board's Ethical Standards for Auditors. Opinion on other matters prescribed by the Companies Aet 2006 In our opinion, based on the work undertaken in the course of the audit.. the infonnation given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial slalemenls. and the Report of the Trustees has been prepared in a¢cordan¢e with applicable legal requiremeiits. Matter5 on Ivhich )ve are required to report by exception In the light of the knowledge and understanding of ih¢ company and ils enviromnent obtained in the course of Ihe audit, we have not identified material misstatements in the directors, reporl included within the trustees. report. We bave nothing to i'eport in respect of the following matters where the Companies Act 2006 r¢quires us to report to you if. in our opinion: adequate accounting records have not been kept or rernS adequate for our audit hav¢ not been received from bratt¢hes nol visited by us. or the financial statements are not in agreement with the accounting records and r¢tums' or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the infonnalion and explanations we require for our audil; or the trnstees were not entitled to take advantage of the small companies exemption from the requiremeiit to prepare a Strategic Report or in preparing the Report of the Trnstees. Page 12
North Doivn & Ards Women's Aid Independent Auditor's Report to the Members of North Down & Ards Women's Aid Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities [set out on page 10]. the trustees (who are also directors of the charilable compaiiy for the purposes of company law) are respoiisible for the preparation of the financial slalements and for being satisfied that they give a true and fair view, and for such internal control as the trustees det¢nnine is necessary to enable the preparation of financial stalenienls that are free from material misstateinenl, wlieiher due lo fraud or error. In prepariiig Ihe financtal statements, the trustees are responsible for assessing Ihe charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concem basis of accouiiling unless the lrnstees eiilier intend lo liquidate the charitable company or lo cease operations, or have no realistic alternative but to do so. Our responslbllitle$ for the audit of the financfial $tatements Our objectives ar¢ to obtaiii reasonable assuran¢e about whether the fiiiancial statements as a whole are fi'ee from material misstatement, whether due to fraud or etTor, and to issue a Report of th¢ Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that ali audit conducted in a¢¢ordan¢e with ISAS (UK) will always delect a material misstalemenl when it exisls. isstalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expe¢led to influence Ihe economic decisions of users taken on the basis of tliese financial statements. Page 13
North Down & Ards Women's Aid Independent Auditor's Report to the Members of North Down & Ard$ Women's Aid The extent to whfich our audit was capable of delecling irregularities, including fraud Irregularities, including fraud, are instances of non-compliance with laws and regulatkons. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. In assessing and deteclÉng irregularities su¢h as fraud and non-compliance with laws and regulations we Considered the following.. the matters discussed among the audit engag¢m¢nt team and any oiher relevant professionals regarding how and where fraud might o¢¢ur in the financial slatemeiits and aiiy potential indicators of fraud. Ilie nathre of the industry and any laws and regulations applicable to the company and the industy. llie company's own Assessment of the i'isk of fraud and other irregularities. tli¢ ¢ompany's policies and procedures in relation to: how they identify and comply with all reLevanl laws and regulations and whether they are aware of any non-compliance. how they delecl and respond to risks of fraud and their knowledge of any aCal, suspected 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 procedures, we considered the opportunities and incentives that may exist within th¢ orgaiiisalion foi. fraud and identified the gi'ealest potential for fraud in relation lo misappi'opriation of assets. In common with all audits linder ISAS (UK), we are also required to perform specific procedures to respond to th¢ risk of maNMgement oveide. Irt response to the risk of material misslatemenl through iegUlar1tieS and noii-cornpliancc with laws and regulations, we designed procedures which included, bul were not limited to: ensuring the engagement team had the appropriate knowledge and expertise in order to be able lo idenlify and recognise any instances of fraud or non-compliance willi laws and regulations. we identified the laws and regulations applicable to the company thTough discussions with directors and management and from our knowledge and experience of the sector- and ensuring the audit was carried oiit with a level of professional scepticism. In respoiise to the risk of irregularities and non-¢omplian¢e with laws and regulations, we designed procedures which included, but were not limited to: eiiquirlng of managem¢nt ¢oncems of actual and potential litigation and claims; agreeing the financial statement dis¢losures to underlying supporting docuinenlalioii to assess compliance with relevant laws and regulations. and reviewing correspondence with the Charity Commission for Northern Ireland and any other relevant regulatory bodies Page 14
North Down & Ards Womenls Aid Independent Auditor's Report to the Members of North Down & Ards Women's Aid To address the risk of fraiid through management bias and override of controls, we.. pei'form analytical Procediires to identify any unusual or unexpected relationships Ihal may indi¢at¢ risks of material misstatement due to fraud. lest the appropriateness of journal entries aiid other adjustments. assess whetlier the judgements made Ali making accounting estimates are indicative of a potential bias- and evaluate the business rationale of aiiy significant Iraiisactions that are unusual or outside the normal course of business. We also commuiii¢ated relevant identified laws and regulations and polenlial fraud risks to all engagement team members and significant compoiient audit teams, and remained alert to aiiy indications of fraud or noncornpliance with laws and regulations throughout the audit. There are inherent limitations 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-¢omplianc¢. Auditing standards also limil the audit procedures requtred to identify iion-compliance with laws and regulations lo enquiry of the directoi's and other maiiagement and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder lo d¢t¢¢l than those that arise from error as they may involve deliberate concealment or collusion. A furth¢r description of our responsibilities is available on tlie Financial Reporting Council's website at.. www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit woi'k has been undertaken so that we might slate to the charitable Company's members those matters we are reqiiired to state to them in an auditors, report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have forn]ed. Conaill Mc For and on be y (Sen alf of Statutory Auditor) . McGrady & Co. Statutory Auditor Suite 2B Cadogan House 322 Lisbum Road Belfast BT9 6GH Page 15
North Down & Ards Women's Aid Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestrieted funds Restricted funds Total 2025 Total 2024 Note Income and Endowments from: Donations and legacies Charitable activities Inveslment incom¢ 40,806 14,212 2,415 40,806 603,016 2,415 34,377 559,836 1,941 588,804 Total Income 57,433 588,804 646,237 596,154 Expenditure on: Raising funds Charitable activities (3,163) (33,220) {3.163) (640,126) (2,207) (666,181) 606,906) Tolal Exp¢iiditure (36,383) {606,906) (643,289) (668,388) Net incomel{expenditure) Transfers between ndS 21,050 19,233 (18,102) (19,233) 2,948 (72,234) Net movement in funds 40.283 (37,335) 2,948 (72,234) Reconciliation of funds Total ndS brought fonvard 331,576 175,052 506,628 578,863 Total funds carried forward 17 371,859 137,717 Unrestricted funds 509,576 Restricted funds 506,629 Total 2024 Note Ineome and Endowments from: Donations and legacies Charitable activities Investment income 32.547 7.106 1,941 1,830 552.730 34,377 559,836 1,941 Total Income 41,594 554,560 596,154 Expenditure on: Raising ndS Charitable activities (2,194) (65,842 (13) 600,339) {2,207) 666,181 Total ExpendiMre (68,036 600,352) (668,388 Net expenditure Transfers between funds (26,442) 10.543 (45,792) (10,543) (72,234) Net niovement in funds (15,899) (56,335) (72,234) Re¢onclllation of funds Total funds brought fonvaTd 347,476 231,387 578,863 Total fvnds carried forward 17 331,577 175,052 506,629 Page 16
North Down & Ards Women's Aid Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) All of the charity's activities deriv¢ from continuing operations during the above two periods. The funds breakdown for 2025 & 2024 is shown in note 17. Page 17
North Down & Ards Women's Aid (Registration number: N1031238) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed #$$et$ Tangible assets 12 149,668 158,185 Current assets Debiors Cash at bank and in hand 13 25,095 453,154 42,300 443,529 478,249 485,829 Creditor5: Amounts falling due Ivithin one year 14 (35,433) 54,478) Net current assets 442,816 431,351 Net assets 592,484 589.536 Funds of the charlty: Restrlcted funds 137,717 175,052 Unrestrlcted income funds Unrestricted funds Revaluation reserve 371,859 82,908 331,576 82,908 16 Total unrestricted ndS 454,767 414,484 Total funds l7 592,484 589,536 The financial stalements on pages 16 10 32 were approved by the INslees, and authorised for issue on 8 December 2025 and signed on their behalf by: fer Gill Twstee Page 18
North Doivn & Ards Women's Aid Statement of Cash Flows for the Year Ended 31 March 2025 2025 2024 Note Cash flows from operating actlvities Net cash income/(expenditure) 2.948 (72,234) Adjustments to ea$h flows from non-¢#$h items Depreciation Investment in¢ome 10,228 2,415 11,109 (1,941) (63,066) 10,761 Working capital adjustments Decrease/{increase) in debtors De¢r¢as¢ in creditors 13 14 17,206 {19,045) (24,417) 27,919) Net cash flows from operating activities 8,922 (115,402) Cash flows from investing aetlvltles Interest receivable and similar income Purchase of tangible fixed assets Net cash flows from invesliiig activities 2,415 (1,710) 1,941 12 705 1,941 Net iiicreasel(decrease) in Cash and cash equivalents Cash and cash equivalents at l April Cash and cash equivaleiils at 31 March 9.627 (113,461) 556,990 443,529 453,156 443,529 All of the cash flows are derived from continuing operations duriiig the above Iwo periods. Page 19
North Doivn & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 I Ch#rlty status The charity is a charity limited by giiarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amoiint not exceeding £Nil towards the assets of the rharity in the event of liquidation. The Charity is ineorporaled in Northern Ireland. 2 Accounting polficfies Summary of slgnificant accountfing policies and key a¢¢ounting estimates The principal accounting policies applied in tlie preparation of these fiiikncial statements are sel out below. These policies have been consistently applied lo all the years presented, unless otherwise stated. StateEnent of compliance The financkal statements have been prepared in accoidance with Accounlffing and Reporting by Charities.. Statement of Recommended Practice applicable to charllies preparing their accounts in accordance with the Financial Repoiling Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Siandard app5icable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. BASIS of preparatlon North Down & Ards Women's Aid m¢els the definition of a public benefit entily under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise slated in the relevant accounting policy notes. Golng concern The financial stat¢menls have been prepared on a going coii¢ern basis. The lrnstees believe that the charity will continue as a goihg concern. Funders have shown themselves lo be supportive, flexible and adaptive to the currenl sIatIOn which is an invaluable help to the Women's Aid community. The organisation continues lo work in partnership wilh governinent bodies and agencies in temis of developing a longer tenn strategy to support victims of domestic violence. Income and endoivments All income is recognised once the charity has enlillemenl to the income, it is probabl¢ that the income will be received and the amouiil of the incom¢ receivable can be measured reliably. Doiialions and legaeies Donations are recognised when the charity has been notified in wrffiling of boih Ihe amount and settlement d8t¢. In the event that a donation is subject to conditions that require a level of performaThre by the charity before the ¢harity is entitled to the fuiids, the income is deferred and not recognised until either those conditions are fully met, or the lflIn]ent of those conditions is wholly within the control of the charity and il is probable that Ihes¢ conditions will be fulfilled in the reporting period. Page 20
North Down & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 GraA(s receivable Grants are recognised when the chai'ity has an entitlement to the fuiids and any conditions linked to the grants have been met. Where performance conditions are allached to the grant and are yet lo be mel, Ihe iiicoine is recogiiised as a liability and iiicluded on the balance sheet as deferred tncom¢ to be released. Deferred incoiKe Deferred iiicome represenls amounts received for future pei'iods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when: The donor specifies that Ihe granl or donation must only be used in fvre accounting periods; or The donor has imposed conditions which musl be mel before the charity has unconditional entitlement. Expendlture All expenditure is recognised once there is a legal or Constructive obligation to that expenditure, il is probable settlement is required and the amount can be measured reliably. All costs are allocated lo the applicable expendithre h¢Adtng that aggregate similar costs lo that category. Where costs cannot be directly attributed to parliculai. headings they have been allocated on a basis consistent wkih the use of resources, with central staff costs allocated on the basis of time spent, and depi'eciatioTh ¢hai'ges allocated on the portion of the asset's use. Other support Costs are allocaled based on the spread of staff costs. Raisingfiiiids These are costs iiicutred in attracting voluiilary income, the managemeiit of investments and those incurred in trading activities that raise funds. Chnrilable aelivilies Charitable expenditure Comprises those costs inciirred by the charity in the delivery of ils activities and services for its beneficiaries. It incliides both costs that can be allocated directly to siich activities and those costs of an indlrect nature necessary to support them. Siippor¢ cosls Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocatiiig property costs by floor areas, or per capita, staff costs by the time spent and other costs by Iheir usage. Goveriiance cosls These includ¢ the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and truslees's meetings and reimbursed expenses. Taxatlon The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 attd therefore it meets the definition of a charitable company for UK COOratIon lax purposes. Accordingly. the charity is potentially exeinpt from taxation iii respect of income or capital gains received wiihin categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of Ilie Taxation of Chargeable Gains Act 1992, to the extent Iliat such income or gains are applied exclusively lo charitable purposes. Tanglble fixed assets Individual fixed assets costing £0.01 or more are initially recorded at cost, less any subsequent accumiilated depr¢ciatioii and subsequeiit accumulated impairnient losses. Page21
North Doivn & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 Depreciatlon and amortlsatlon Depreciation is provided on tangible fixed assets so as lo wrile off the cost or valuation, less any estimat¢d residual value, over their expected usethl economic life as follows.. Asset ¢la$$ Buildiijgs Fixtures & Fitlii)gs Computer Equipment Office Equipment Depreciation method and rate 20/. Straight Liiie 25 /0 Siraighi Line 25tr/0 Slraighi Line 250/0 Straight Line Trade debtors Trade debtors are amounts due from customers for m¢r¢handise sold or services perfornied in the ordinary course of business. Trmde debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is ¢slablished when there is objective evidence that the charity will not be able to collect all amounls due according lo the origiiial lem]s of the receivables. Ca$h and cash equlvalents Cash and cash equivalenls comprise cash on hand and call deposits. aiid other short-lern] highly liquid investments that are readily convertible lo a known amount of cash and are subject to an insignificant risk of change in value. Trade credltors Trade creditors are obligations to pay for goods or services that have been acquired in ihe ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not hav¢ an unconditional right, al the end of th¢ reporting period, to defer settlement of the creditor for at least twelv¢ months after the reporting dale. If there is an unconditional right to defer settlement for al least twelve months after the reporting date, they are presented as non-current liabilities. Trade ¢reditors are recognised initially at the transaction price and subsequently measured at amorlised Cost using the effective interest method. Borrowlng$ Jnterest-bearing borrowings are initially recorded at fair value, net of transaction costs. Inlerest-bearing boowing5 are subsequently Caled at amortised cosl, with the difference between the proceeds, net of transactlon costs, and the amount due on redemption being reColSed as a Charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is re¢ognised on Ihe basis of the effective interest method and is included in interest payable and s&milar charges. Borrowings are classified as current liabililies unless the charity has an unconditional right lo defer settlemenl of the liability for at least twelve months after the reportiiig date. Page 22
North Down & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 Fund structure Unrestricted income funds are general ndS that are available for use at the Irustees, discretion in furtherance of the objectives of the charity. Designated fvnds are unreslricted funds set aside for specific pOSeS al the discretion of the trustees. Restricted income fi]nds are Ihose doiialed for use in a particular area or for specific purposes, the use ofwhi¢h is restricted to that Mrea or purpose. Penslon8 And other post retirement obligatlon$ SCHEME.. TPT Retirement Solutions- The Growoh Plan The ¢ompany participates in a defined benefit pension plan thal is accounted for as a defined contribution plan. At the date of last valuation, the plan had a deficit of £31.6m. Participating employers are asked to fund the deficit by paying additional conlribulions in lin¢ with their estimated share of th¢ schenie liabilities. The scheme is classified as a 'last-man standing arrangement,. Therefore the compaiiy is potentially liable for other participating employers, obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their shal'e of the scheme deficit on an annuity purchase basis on withdrawal from the scheme. Where the s¢h¢me is in deficit and where the company has agreed to & deficit funding aiY3ngem¢nt Ilie company recognises a liability foi. this obligation. The amounl recognised is the net present value of the deficit reduction contributions p8yabEe under the agreement that relates to the deficit. Financial instrumellls Classificalio Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of Ihe inslnjment. Financial liabilities and equity instrLimenls are classified a¢¢ording to the substance of th¢ contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the as5els of the charity after deducting all of its liabilities. Recognilion and measuremeiil All financial assets and liabililies are initially measured al transaction price (including Iransaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is nornially the transaction pri¢e excluding transaction costs), unless the attangemenl constitutes a financing transaction. If an arrangement conslimles a financing transaction, th¢ financial asset or financial liabilkty is measured at the present value of the future paymeiits discounted at a market rate of interesl for a similar debt instrument. Financial assets and liabilities are only offset in the stalement of financial posilion when, and only wlien there exists a legally enforceable right to set off the re¢ognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Financial assets are derecognised when and only when a) the cOntracal righis to the cash flows froin the financial ass¢t expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownersliip of the finanrial asset. or c) the charity, despite having retained some, but not xll. significant risks atid rewards of ownership, has transferred control of the asset to Mnolher party. Financial liabililies ar¢ derecognised only when th¢ obligation specified in the cottlract is discharged, cancelled or expires. Page 23
North Down & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 Fair value iAeasiireipieNI The best evidence of fair value is a quoted price for an identical assel in an active market. When quoted prices are unavailable, the price of a re¢eiit transaction for an id¢iiti¢al asset provides evidence of fail. value as long as there lias not been a significans change in economic circumslances or a SI11r1Cant lapse of time since the Iransaclion took place. If the market is not active and recent transactions of an identical asset on Iheir own are not a good eslimale of fair value, the fair value is estimated by using a valuation technique. 3 Income from donations and legacies Unrestricted funds Total 2025 Total 2024 General Donations and legacie5' Donations from individuals 40,806 40,806 34,377 40,806 40,806 34,377 4 Income (rom charilable a¢tivltles UnrestrRcted funds Restricted funds Total 2025 Total 2024 General Charitable Activilies 14,212 588,804 603,016 559,836 5 Investment Income Unrestricted funds Total 2025 Total 2024 GenerAI Interest receivable and similar income. Interest receivable on bank deposits 2,415 2,415 1,941 Page 24
North Down & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 6 Expenditure on charitable a¢tivlties Unrestricted funds Re$tri¢ted funds Total 2025 Total 2024 G¢n¢ral Note Charitable Activities Depi'eciation, amortisation and other similar costs Staff costs 17,802 137,799 155,601 211,020 10.228 5,190 10,228 455.753 18,544 11,109 433,983 10,069 450,563 18,544 Governance costs 33,220 606,906 Activity undertaken directly 640,126 666,181 Total 2025 Total 2024 Employment Cost5 Employmeiii Agency Costs Eslablishment Costs Insuran¢¢ Repairs & Maintenaiice Office Expenses Printing, Postage & Stationery Play Equipment & Malerials Project Costs Health & Safety Cleaning Sundry & Other Costs Bad Debts Travel & Subsistence Advertising & Re¢ruilment Depreciation 460,781 271 56,373 5,298 9,252 27.397 2,535 3,817 8,237 860 3.891 11,275 1,049 11,434 17,048 10,228 460,781 271 56,373 5,298 9,252 27,397 2,535 3.817 8,237 860 3,891 11,275 1,049 11,434 17,048 10,228 416.353 18,107 66,597 4,561 46,209 28,004 2,134 1,751 13,746 3,395 3,198 11,216 259 11.502 14.491 11.109 629,746 629,746 652,632 £41,383 (2024 - £62,048) of the above expendifvre was atlrlbulable lo unreslricted funds and £588.361 (2024 - £590,584) lo restricted funds. In additioii to the expendi¢ure analysed above. there are also governance costs of £18,544 (2024 - £15,757) which relate directly to charitable activities. See note 7 for further details. Page 25
North Down & Ards Women's Aid Notes to the Flnancial Statements for the Year Ended 31 March 2025 7 Analysis of governance and support costs Support costs allocated to charitable activities Governance costs Total 2025 Total 2024 Affiliation Fees Accountancy Fees Audit Fees Legal & Professional Fees 2,200 8,190 3,800 4,354 2.200 8,190 3,800 4,354 2,200 4,056 3,800 5,701 18,544 18,544 15,757 8 Net in¢omingloutgoing resour¢e$ Net incomingl(oulgoing) resources for the year include: 2025 2024 Deprecialion of fixed assets 10,228 11,109 9 Trustees remuneration And expenses No trustees. nor any persons connected with them, have received any remuneration from the cliarity during the year. 10 Staff costs The aggregate payroll costs were as follows.. 2025 2024 Staff costs during tbe year ivere: Wages and salaries Social security costs Pension costs Other staff costs 376,919 30,847 30,023 17,964 362,212 26,714 27,591 17,466 455,753 433,983 The monthly average number of persons (including senior management team) employed by the charity during the year expressed as 11 lime equivalents was as follows: 2025 2024 Average number of ¢inployees 18 17 Page 26
North Down & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 Contributions lo the employee pension s¢hemes for the year totalled £25,925 (2024 - £24,047). One employee received benefits (excluding employer pension Costs) of more Ihan £60,000 during the year. During the year the ¢harity made the following transactions wilh key management persomiel.. CEO The CEO received remuneration of £69,404 (2024.. £57,629) Flnance Manage The Finance Manager received remuneration of £5,681 {2024.. £8,200) Service Manager The Service Manager received remuneration of £44,255 (2024: £41,745) Childr¢ns Servlces Manager The Childrens Services Manager ffceived remuneralion of £40,941 (2024: £38,714) The Finance manager left in March 2023 and agency staff were used until late 2023 to cover this position. Page 27
North Doivn & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 I l Taxation The charity is a registered Charity and is therefore exempt from taxation. 12 Tangible fixed as$et$ Land and buildings Furniture and equipment Total Cost At l April 2024 Additioiis 150,000 112,681 1,710 262,681 1,710 Ai 31 March 2025 150,000 114,391 264,391 Depreeiation Ai l April 2024 Charge for the year 3,000 3,000 101,495 7,228 104,495 10,228 Ai 31 March 2025 6,000 108,723 114,723 Net book value At 31 March 2025 144,000 5,668 149,668 At 31 March 2024 147,000 11,186 158,186 13 Debtors 2025 2024 Trade debtors Prepayments Accrued income Other debtors 3,358 2,892 18,845 2,510 35,136 4,655 25,095 42,301 14 Creditors: amounts f&lllng due within one yea 2025 2024 Trade creditors Other taxation and social security Other creditors Accruals 7,109 7,616 12,808 7,900 6,425 14,287 18,643 15,123 35,433 54,478 Page 28
North Down & Ards Women's Aid Notes to the Financlal Statements for the Year Ended 31 March 2025 There is £3,272 of def¢ed in¢ome, (£7,516 2024), included in the Other Creditors that is for use in future periods. IS Pension and other schemes Defined contribution pension scheme The charity operates a defined contribution pension scheme. Tlie pension c05t cliarge for the year represents contributions payable by the charity to the scheme and amounted to £24,047 (2023 - £22,486). D¢fined benefit pension schemes The Cliarity also has a legacy defined benefit pension scheme. Tlie scheme has a deficit which is monitored by the scheme's a¢tuaries each year. A plan was put in place several years ago where all contributing employers are makiiig additional contributions lo ensure the scheme will be fully funded. 16 Reserves RevAluatlo Ye$eYv¢ Totxl At l April 2024 (82,908) {82,908) The property held by the charity was revalued in September 2023 and this resulted in ali increase in the prOpeS value, which is repre5ent¢d by this revaluation reserve. Page 29
North Down & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 17 Funds Ba14nc¢ at 31 M#r¢h 2025 Balance at i April 2024 Incoming resources Resources expended Transfer$ Unrestricted funds Generfil Unreslricled Income Funds 260,235 57,433 (36,383) 18,275 299.560 Designffled Pension Shortfall Reserve Redundancy Reserve 11,739 59,602 958 12,697 59,602 71,341 958 72,299 TotAI Unrestricted funds 331,576 57,433 (36,383) 19,233 371,859 Restricted funds All State Nl Ards & NDBC Hardship Fund Ards & NDBC - Hardship Fund Awards for All BME- NRPF CFNI - Oak Foundation Children In Need S E H & SC Trust (Childrens Work) Surestart (Childrens Work) CFfNI - Goodwill Grant CFNI_ OSS DOJ Moving on Naltonwide Rural Support Project Floaling Support (NIHE) Natwest Circle Fund Housii)g Management (NIHE) HM Refuge Servi¢¢s Supporting People {NIHE) Probation Board NI - PPRP Journey lo Freedom MDT SET MDT Seed Funding Storehouse ND Hardship Fund See, Hear, ACT, WAFNI Rank Foundation - Nl Start Here Capital Grants 11,125 2,950 1,749 20,000 4,880 5,000 29,093 (11,125) (2,950) (1,749) (7,780) (5,840) (7,286) (31,662) 12.220 960 2,286 2,887 318 30,268 6,986 10 3,865 62,629 9,095 529 (71,578) (10,590) (477) (3.865) (6.503) (20,867) 452 5,491 62 6,503 25.610 5,511 (21,024) (138,764) (2,021) (40,241) (277) (197,554) (1,757) 6,041 (2,360) (1,162) (11,302) 4,586 5,512 1,979 138,053 4,000 38,664 5,410 193,981 712 1,577 (1,577) 3,573 1,757 18,762 269 22,318 269 6,041 2,551 4,911 971 13,000 191 2,315 4,013 8,780 64,092 30,222 (29,041) 9,961 61,092 (3,000) Page 30
North Down & Ards Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2025 Balance at 31 March 2025 Balance at I April 2024 Incomlng resouyees Resources expended Tran$fers NIHE- PIF Capital 3,411 (2,559} 852 TotAI restricted funds 175,052 582,765 (600,867) (19,233) 137,717 TotAI funds 506,628 640,198 637,250) 509,576 Balance at 31 March 2024 Balance at I April 2023 Incoming resources Re$our¢e5 expended Transfer5 Unrestrieted funds Geiieral Unrestrict¢d Income Funds 271,192 41,593 (68,036) 15,486 260,235 Designaled Pension Shortfall Reserve Redundancy Reserve 16,682 59,602 (4,943) 11,739 59,602 76,284 4,943) 71,341 TotAI unre$trl¢ted funds 347,476 41,593 68,036 10,543 331,576 Restrl¢t¢d funds All State NI Ards & NDBC Hardship Fund Ards & NDBC LMP Small Grant Ards & NDBC Workplace Wellbeing BME- NRPF CFNI - Oak Foundation Children In Need S E H & SC Trust (Childrens Work) Surestsrt (Chtldrens Work) CHNI - Goodwill Grant CFNI- OSS Housing Rights Social Value Nationwide Rural Support Project Floating Support (NIHE) Housii)g Management (NIHE) HM Refuge Services Supporting People (NIHE) PHA Personal Development Program 24 13,500 15,022 (13,500) (15,022) (24) 3,450 (3,600) 150 250 9,110 20,000 30,039 (250) (6,051) (17,715) (29.224) 924 (3,983) 2,285 2,887 2,072 41,396 6,673 58,580 9,095 396 5,000 650 {69,708) {8,781) (386) (1,135) 30,268 6,987 10 3.865 (650) 50,000 133,250 30,281 6,102 125,270 (24,390) (161,481) (36,999) (320) (156,218) 25,610 5,510 32,605 19,698 1,136 (12,980) 12,980 (1.136) 18,762 269 32,353 4,065 Page31 (4,065)
North Down & Ards Women's Aid Note5 to the Financial Statements for the Year Ended 31 March 2025 Balance at 31 March 2024 Balance at I April 2023 In¢omlng r¢$our¢es Resources expended Transfers Probation Board Nl - PPRP SET MDT Seed Funding Storehouse ND Hardship Fund Se¢, HeaT, ACT, WAFNI Homeless Prevention Fund 5,250 5,000 1,584 13.050 {3,500) {5,000) (1,583) (10,735) (1,750) (i) 2,315 {NIHE) Rank Foundation - Nl Start Here Capital Grants NIHE- PIF Capital (1,274) 1,274 22.581 67,092 5.970 15,615 (29,417) 8,779 64,092 3,411 {3,000) (2,559) Total restricted funds 231,388 554,559 {600,354) (10,543) 175,050 Tot41 funds 578,864 596,152 668,390) 506,626 18 Analysls of net assets behveen funds Unrestricted funds Restricted funds General Total funds Tangible fixed assets CuiTeiil assets Current liabilities 87,723 402,477 (35,433 61,945 75,772 149,668 478,249 (35,433 Total net ass¢ts 454,767 137,717 592,484 19 Analysis of net funds At 31 March 2025 At l April 2024 Cash floiv Cash at bank and in hand 443.529 9.625 453,154 Net debt 443,529 9,625 453,154 20 Related party trAnsactlon5 Tliere were Tho related party li'ansaclions in the year. Page 32