Bangor Alternatives Limitod Company Limited by Guarantee Financial Ststomonts Y•ar Ended 31 March 2023 COMPANIES HOUSE D I DEC 2023 ÈELFAST illm •)c3$SLI. 0111212023 COMPANIES House JNI
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Company No: N1603174 Charlly No: XT0263341 NIC106266
Bangor Alt•rnatlvos Limited Table of Contents Year Ended 31 March 2023 Pag• Company Information Report of the Tnjslees Report of the Independent Examiner Statement of Financlal Actlvllle5 Balance Sheet Notes to the Financlal Statements 10-14
Bangor Alternatives Limitod Company Informallon Year Ended 31 IAarch 2023 Trustees The Tru8lees WI 8er¥ed Ihe charily durlng the period were as follows Ms J Brown Mr B Clayton (Resigned 111 Marth 2021) Mr.T Wlnslone Roglsterod Offlco 2 Kilcooby Square Bangor BT19 1SH Independont Examlner Arro Group Ltd A¢UntantS 254 Suffolk Road Bellasl BTI19PB Bankers Danske Bank Donegall squa Ivest Belfast 8T16JS HMRC Charlty No. Kr026334 Reg18tered Charfty No. NIC108266 Reglsterod Company No. N1603174
Bangor Ahornatlves Llmlted Roport of lh• Tru6toes Year Ended 31 March 2023 The trustees. who are also 1he directo for the purposes of company law, present their report and the finwKlal slatements for the year endod 31 March 2023. Structur VaTnanc• & Mana man Govemlng L)ocufflent The Organisaon Is 8 company limited by guaranteg, inc(Yporated on 181h of May 2010. The company was established under a Momorandum ol A$80ciation and 16 9overned und81 its ArtiGle$ of Assoclats'on. R•cruitm•nt and Appolntm•nt of Manag•rn•nl Commltte The directors of the company are part ol Ihe vAder management c(Ynmittee. Nol all m8mbers ol the fflanagernent commillee are dlre¢¢ors of Ihe company. Under Ihe ffj(wirements of the Memorandum and Artlcles ol Assoclallon the offte bearers ol the Managernenl c)Mittee are elecled to serrfo for 8 period olone year. after which they must be re4lecled al the nexl Annual General Meeting. Rl8k Management The Management Committee has conducled a rnvlew ol Ihe major rtsk8 lo whlch the ¢harlly18 oxp08ed. A ri8k,regisler has been establlshed and is updaled at leasl annually. Where appropriate. systems or procedures have been established lo mili9ale the risks the ¢harlty laces. Signlficanl exlemal tsks lo fundlng have led lo development ol 8 strateglc plan wthlch wlll alk)w for the diversification of lunding and aclivilies. Inlemal conlnm risks are minimised by tho [meMentiOn of procedures for authorisation ol all transac1)nS and prolecls. These proCeduS arn pertodkalty. reviewed lo ensure that Ihey conlinue lo rneel Ihe needs ol the charlty. Organisalional Stru¢tur• Bangor Allemaiives Ltd has a Management Committoo of up to ten Members who ffleet quarterfy and are responsible for overneelrvJ the strategic direction and pollcy of th• oryanisallon. Al present the C¢ynmlttee ha8 len rnernbers from a vatsly of prolessional backgrounds rolevant lo ts vffjrk of the charfty. The ¢ommitlee has a Chairperson.. secretary and tre88urer. It The Mana9er of 8arYJor Alternatives reports to tha Management Comrnittéa. The manager Is Cufrenuy ffjsponsible for lh6 gupervlslon of six olher Mnbe1S ol Staff. Rolated Parth• The company is part ol the umbrella body of North•m Ir¢land Mematlves. 8olh part8 hav• r•presanlat(on ¢)n each olherfs managemenl committee
8angor Altomatbvos Llml¢¢d Report ol th• Trustoes (contlnuod) Year Ended 31 March 2023 ectlves and Activltles The company's o*'eds a1 piincipal actItieS are lo promote a nonvvlolent restoralive cornnnity resFonsè to justi issues. Banwi Alternalives will idents'fy needs, oflen in partnwship wilh local cornmunilies and other voluntary and statutory bodies. relatirKJ to safety and conllict within communi1185. and will atternpt lo heal relationships in a restorative way. Al the Same time, it hopes lo raise community awareness on the issues affeclirg youn9 peopl8 and adulls who arn deemed lo be at risk. The main obpthes and activilies of Ihe company are: To organlse wilhin the Community to devise non-violent allematives to issues of community justice. To help and WO wlth young lpIe In order to resolve the pmblems affecting Iheir lives. To direct young peoFle away from destruclive and daNJerous practices towallls healthy and construclive activilie8. To enable young P80ple lo personally rell8cl on Ihè potentially damaging consequences of risky and criminal b8haviour. To address aTras ol weakness and failure within the fom)al criminal Justice syslem To heal Telats'onshlps wlthin tha Community and to promote better relalion5hips b8bNgen communlty and slatutory agencles. To work lowards a susLqlnabla modél of daliry far as much of the ¢ompany'$ ser¥lc•s as rKJssibl8. Prlncl al Fundln Sources The principal funding sources for the company are Ihe Departmenl of sla1 Oevelopment (OSD). the Irel Housing Executive, The Communits'es in Transition Programme. and the European Social Fund. A6 a result ol increasing conslrninls on govemmenl expendilure, 88 well 88 expansion of ils base, the charity ha8 10 Seek lunding from a much broader group of agenaes. The Invdvernenl of Ihe charity wilh a govemmenl-sanclloned 'Round T8ble' groupirwJ of statutory 8gerti85 interested in issues of Community juslice is proving particularfy usefvl in idenlrfying possible <)pportunities for a much wlder and strategically orienlaled range of funding for the future. The 1$ a govemment-aptKoved Protocol In place thai promoles better working b&een the chafity as a comftnIty41aSQd restofatfve justice scheme and siatulory oryanisalions wilhin ihe forn1 justice seclty. S•rvlc•8 Medialion, Atkncy artd Cofflrnunlty Support: The MACS Pfogfamme offèrs mediation, Support. Advocacy and Posili inier¥entiLmS to local tenants Involved In neighbourhood or community dlsputes. N•lghbouthood Renowallcommunlty D•v•lopm•nt: Allemalives is strategicalty placed to address issues of comrnunlty safety and reIng c(xnrnunltles Vwough tts lollowiTrJ strarKIs of work: Inlensive Youlh and Family support 1th people Involved in anti-social behavioui. Prevention work with groups of yowlg people Involved In anliwsocial behavk)ur. Delivery of cullural awareness programrnes. Sesgrms delivered in local schools Parent Support Victim Support Oeveloprnenl and delNery of uime pievenlion sessions Confllcl transfomtiOn work - bonfire: interface and removal of paramiliiary murnls. Devek>prnenl of volunteew programme wilhin communlty Promolion and facilitslKJn of medotion. Probatbon Board Rostoratfve Support Alternalives provides r8slornliv8 inleryenlions lo ad1 a(ludicaled offenders who a referred through P8NI lo address the human cost ol their offending as well as community rtrintegrallon. The offences Gan range from manslaUter to crimlnal darnage.
Bangor Allernatlves Llmlt•d Report of the Trugleos Icontinued) Year Ended 31 March 2023 Start Programrno: Start Pro9ramm8 is an employability and personal development progrdmme for young people aged 16 10 24 years old who need employment, training or education in partnership with Includo Youlh and funded by ESF. SAFE Pm rammo SAFE is an iniftalive lacllilaled by 8angor Altornalives (18adpartner) alongsid8 R81hl1 Community Assoclalion, as a key delivery and engagemgnt partner. This programme is lunded by Ihe Executive oifice as part ol Ihe Communily Salety slrand ol Ihe Communllies In Transitn ProJ8CI. The SAFE pmgramme Wt'll involve bringing resident$ ¢ogelher to discuss community safety Issu8s ènd identify commuThty lead resolulions. This programrne will include the 6slablishmenl ora Community Engagemenl Forum, who will conwsl ol residenls Irom Kil¢ooley, Ralhgill and neighbouring areas. Th8 Forum will be involved th GoQew'gnlng educalionlawareness raising evenls, Information and learnlng visits and local relatlonship building. The aim ol the projecl 1$ lo creale saler communilies lor everyone. TAR Pro ramm Communily R8storalive Jusllce Ireland and Northern Ireland Allernalives are delivering ihe STARS - Striving To Achieving 8 Reslor8llv8 so81Y programme. CRJI has i&ken the lead in Ihis wilh NIA being a partner. NIA wll work 1h 4 01 Ihe designaiad key areas - Shankill, East Bemasl, Bangor and Caffickl8rgu*Larne, 1h CRJI working th the other 4. CRJI andAll8rnallves provlde an opportunity lo osiabllsh a presence throughout the elghl areas, Irainlng and nurtunng a new cohort of community188d8r$ lo support lh8 work provlded Ihmu9h r831oraliv& jvslic• praclicès. The focus ol the programma Is lo idèntify key individuals gtyoss the designat8d areas (30 in each) who are Inlereslad in récéiving restorallve training and support to ullimalely help embed rosloralive approachas in e4¢h communily. Thls ¥MIII hopelully lead to ehe oulcomos delailed below.. Increas8d underslanding ol the difference belween reslorative justice and restorative pr•Glice.' Increased underslanding Of the benefits of resloratNe methodologies and knowledge of how resloralive praG(ic8s Ikive been used lo improve outcomes for individuals, familias and communilias bolh in Nl and more widely,. Increased inl8re$t in using and adopting reslor•tive approach8s lo sernice delivery in CIT areas,. 8nd Increased advocacy for Ihe 8doplion ol restorative approaches in each CIT area. DARE Pr ramme DARE Is an initl81iva laclllt8led by Norihem Ireland Allemativ•s and 'B8ngor Yes. (Extorn). Thls programme Is funded ty iiie ExeGulive Office as part of the Children and Young People strand of the Comrnunlties in Transits'on Project. The.programme enga9es wilh Primary School aged chlldren from the Rathgill and Kllcool8y area araund their personal and soclal developrnenl and supports the children and their families to improve educational attainment. Thi5 prryJramme also engages with Post Primary School aged children from the CIT area. The pn>gramme aims to ralse aspiralions for participants and SUPPOfl Ihem lo achieve goals bespok8 to each youn9 person. DARE Programm8 has implemented a Youth Key Stskeholders Forum, as w8118s facilitating several events and campatgns desrted to help young peop18 and parents access seNices and support. Financial Rovlew This year Bangor Alternatives continued lo work through our prograrnrnes induding NeIUrho0d Renewal, MACS, Communities in Transition. and the Slart Programme.
Bartgor Att¢rnaiive$ Llmliod Report of ihg Tfllsteès Icontlnu•d> YEar Erthd 31 March 2023 Olroctors. R•sponslblliti Ctynp8ry quI{s the di?¢tots lo prepare financial siatemenls lor each financlal period whlch give a true and lair of thé stale ol the affairs of the charilable corrpany and of its fina181 positi'on al Ihe end ol Ihat per¥Jd. In preparin9 these fmncial Jthternenls, tm direclorn are required lo.. select sullablo occounlin9 poltciès 8nd apply Ih•m eAJnslsl•nlly'. make judgemgnts and estimalos Ihal are Sonable and pNden( slate whether applicable ac£ountlng slandants have been followed subjeci 10 any departures disd05ed 4r1 oxplairnd in the hnancial stalernents: and prepaTr Ihe flnandal statements on Ihe g0Sng ern bas unless It is in£ppropriat8 kn presumè thai c(Nnpany w41 continue in business. The Olr•clorn hav• owdrall r•sponsibthty lor •nsurin9 fvl Ih? ch¥rfty hos On apwoprlole sy$l¢m of conlrnls, Ilnancial and oth•rwhe. They arg al80 rFsponslblo lor keeping proper ac¢oynliNJ rnc4rds which disd0 wllh r¢agonabl¢ aCra al any Ilmg Ihe financlal PO8illon ol the tharlty and lo ¢nablo thom lo ensure that the linancial statements compty wllh the Corwanles Acl 2£. They a also re8ponsll)le for safeguarding the assets ol the charity and hènce for iaking reasonèbk $p$ for the Pfeventlm ond deteGtion ol fraud and ¥hef irreg3ntie9. stst•mert ol Dls¢losur• of Infomiauon to Examlner So fr each of the Dir8clofS In office 41 Ihe dale of approval of Ihese Iln8nd818latements arn •w•r•- Thgrnlg no re19vanl Inlorniatlon of wllch Ihe eXrnT are ungwar•' and They have laken all the steps they oughl ID have tskèn as Oir•ctY8 in Ortlèr lo m•k• IPm8•lv•8 •Wore ol any rolw•nt Inlofftiallon ond to 95tabNsh that Ihe examlner awarp of thai iifomialion. EumSnor In arx0rd 1h Arucle 382 01 Ihe Coftwanles A¢1 2rTh, o fe6olullon proposlng Ihat Arfo Group knuni8nts Lld. lje appolnled as •xwrtinor of thè company wdl bo wl lo tha Annual Genernl Meelhyj. RegiSt•Md offi¢o'. 2 Kilc4ol•y Squ• 8#ngor Down BT19 1SH Sbgned by order ol the InJst¢ Tom WlnstM• Dlr•clor 29111r2023
Bangor Altomatlvos Llmlted Indepondant Examlnerfs Report To The Members of 8anoor Alternatlv•8 Llmlted Year Ended 31 March 2023 We ieport on Ihè accounts of the company for the yeai ended 31 March 2023 which affj $el out on pages 8 10 14. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER As th8 ¢harity lrystees {and al80 the direclor6 of the company for Ihe pu0$8$ ol company law) you a responsible for the preparalion of Ihe accounts In a¢Mrdance with the requlrements of the Companies Act 2006. Having saiisfied ours81ves thal Ihe charityls nol ¥ublect to audtt under company law, and is eligible lor indopendent examination, it 18 our responsibility lo.. exarnlne the accounts und&r section 65 of th8 Ch8ritl8s Act., follow the pff)C8dures laid down in the genernl Directions glven by the ChaAty Commisslon for Northem Ireland under section 6519)Ib) of the ChaAties Acl- and slate whelher particular matters h8ve come to Our attention. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examinalion was carrfed out In accordanrA .With the 9eneral Oireclions given by. the Charity Cornrnission. An examination includes a revlew of the accounling reconls kept by thg cornpany and a cornparfson of the accounts presented wlth those records. 11 also incluLles consideralion of any unusual Items or disclosures in Ihe accounts, and seeking explanations from you as trustees concemlno any such m8tlérs, The prctedures undort3kon do not provide all thè 8vidènc8 Ihal would be required in an audil and con$equenlly no opinion is glven 88 to whether the accounts pre68nl a 'lwe and lalr vlevl and the report Is Ilmlled to those mattern sel oul In tho $lal?menl below. We have examined your charity accoun18 as requlred under secllon 65 of Ihe Charflies Act and our examination was caffied out in accordance wlth the general Dlrection8 given by Ihe Charity Commission lor Northem Ireland under section 65<9)Ib) ol the Charllies Acl. The examination Included a review of the accounting record$ kept by the chaflty and a comparlson'of the accounts pregenled wilh those re¢ords.11 also included consideralion ol any unusual iterns oi disGlo5ures in the accounts, and seeking explanations Irorn you as ¢harily Irustees conceming any such matter8. Our role18 to 818t• whelh•r any material matters havg corno lo our attenllon glvlng us cause to beheve: That accounting records weie nol kept in accordance V1h seGlion 386 of the Companles Acl 2006,. 2. Thal the accounts do nol accord with those accounting records,. 3. Thal the accounts do not comply viith the accounting requiremenls of section 396 of the companies Act 2006 and with the methods and principl88 of the Charftles Sl8lemenl of rocomm6nded Praelle• applleabl• lo charities prepaflng Ihelr a¢¢ounts In accofdance with tha Financial Reporting Standard applicable in the UK and Republic of Ireland; 4. Thal thoro is fvrther Inlomation needed for a proper underslanding of the accounts lo be reached.
Bangor Altemativ68 Llmlted Indendent Exoffllnorfs Report To The Mèmbors of Bangor Alt•matlv•8 Llmlted Year Ended 31 March 2023 INDEPENDENT EXAMINER'S STATEMENT We have completed our examlnalion and have no concems In respecl of the matters (I 110 (4) listed above arid. in connection with lollowlng the DI¢110n8 of the Charity Comrnission for Northern Ireland. w8 ha¥8 found no matters thal requlre drawlng to your attention. ArroGroup Ltd Strai ht Talking Accountants Arro Group Ltd 254 SLrffolk Road 8elfa$t Dal8.' 2911112023
Bangor Alternalives Limitod Staloment of Flnanclal Actlvltle8 (InGgrpovatlng an Incomg and expendllur• account) YÉar Endod 31 March 2023 To¢al Funds 2023 Total Funds 2022 Unrn$trlcted . Restrlcted Incorne and endowrnents from". Charltablo Actlvltles 17,977 17,977 7,500 Total Incom• and enqlowm•nt• 17,977 17,977. 7,500 Exp•ndltur• on: Charftabla Actlvltl•• 17,632 17,632 15.784 Total Expondlluro 17.632 17,632 15.784 Net Incom• I lexpendlturol for tho y••r 346 346 (8,284) Transfers beveen funds Net movement In funds 10 346 (8,284 R•Gon¢lllatlon of fund8: Total lunds brought fonNard Pri¢ir Poriod Adjuslmenl 4.143 13,6361 307 10,718 11,927) Total Fund$ Carrled Forward 4.143 (3.290) 853 507 All income derives from conlinuing activrties. therefore no stalement of cOgnised gains or losses is given. The notes on pages 10 10 14 fomi p8rt' of these financl81 statements
Bangof Altèm•tfves Llmlt•d Balancg Shèét as at 31 March 2Q23 Nol8 2023 2022 Flxed A3s8ts Tan9*Jle ass$ 1.863 Cum1 Assgts Oeblovs Cash at bank and in hand 3.925 3.92S 1.316 1.316 Crod11016,' amounts Ilin NET CURRENT ASSETS due within one eor 3,072 1,356) 2.672 {1,356) NET ASSETS 853 507 Rewesented by.. Unre81rl¢ted Fundj 4.?43 4,143 Re&tricted Fur#Jg 853 507 FLV Ihe year ended 31 March 2023 the company was enlitred to exempln from oudit under secllDn 477 of thg Comp8ni•s Act 20( relating to small companies. Truile81' respcfftslbllYo8.' The members h8Vo nol roqu5r•d lh• company lo obl•in •n audlt ol acctyjnts lor tho year In qu•sllon in x¢ord•r wllh 8e¢Uon 476.. and The liustee5 acknowledy their ffjsponsbilibes for cOMp.n9 wilh the Tequiremenls of tho Act with respect lo arcounling cords and the preparation ol accounts. These arcounls hove been prnred IA accordan with thé provistw appNubkn lo CamnIeS 8ubJ'¢ct io tm Tr#I1 comp•nl•s' re9ime. These ffnancial slatements were approved by the members ol the Ix)mmitte• and authori8ed for Issue on the 29th No¥embor 2023 And are swjned on Itdr behav ty.. Tom Wlnston• Olrnctor C(Thpany Registr8tion Number. N1603174 Charlty Registratw Number.. XT026334 1 NIC106266 The notes on pages 10 10 14 form part of t1 financ¢al statements
Bangor Altemallves L5mlled
Noles to the FlnanGlal Statem¢n18
for the year ended 31 Marth 2023
1 ACCOUNTING POLICIES
The principal accounting litIeS adoptod. judgemenis and key sources of estimation In the preparailon of the financial slatements
are as lollow$.'
a) Basis of preparation
The financial stslemenls have been prepared in accoroance with Accounliry and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their ac¢ounis in accordance wilh the Financial Reportin9 Standard
applicable in the UK and Republlc of Ireland {FRS 102) (effective 1 January 2015I- (Charflles SORP
Bangor Altematlves Llmlted Nolas to tha Flnanclal Slatsments {contlnued) for Ihe year ended 31 Marth 2023 1 ACCOUNTING POLICIES (¢ontlnu•d) h) Cash at bank and in h8nd Cash at bank and cash in hand includes cash and short term hlghly Ilquld investrnents wllh a short maturity of three months or less liom the date of acquisllion or opening the deposlt or similar account i) Allocation of 8UPPOrt C0818 Support costs are Ih08e functlons Ihal assist the work of tha charfty bul do nol dlrectly undertake chafltoble acilvlles. Support costs includ8 back oific8 costs. finance. personn81, payroll and govemance costs which Support the charity's piogramffles and activllie$. These costs havo b88n allocated lo axpenditure on charftable activities, l) Tangible Flxed Assels Individual fixed a$sels are capltalis8d at Cost and ara depreciated over Ihelr esllmated u8elul 8conomi¢ lives on a slraight line barJiS as follows: Asset Cat•gory: Fixlures & Flttings Annual Rata 25% Stratght1Sne ba$13 The carrying'v8lu8$ of langible fixed a68ets are reviewed for impalrmenl when events or cir¢umslanca8 indicate tha carrying valua may not be recov8rable k) OebtOf8 Trade and olhef d•blors are r8cognis8d 8t the settlement anUnt due after any trad8 dlscount Offed. Prepaymenls are Valu At the amount prnpald after taking ac¢ount of any trade discount due, l) Cr•dilor8 and Pmvisions Creditors and provision8 are r8cogni8ed where the chartty ha8 a present obllgatlon resulllng from a past evenl Ihat will probably fe8uIt in the ir8n$f8r of lunds lo a Ih5rd paty and Ihe amount due to 88Nle Ihe obligatlon can be measured or estimated rellably. Credilors and provlslons are nornially recognlsed al their setuernenl amounl after allowlng for any Irade dls¢ountg due. ffl) Financial instrumenls The ¢haAty only ha8 financial assets and financial liabilits'es of a kind Ihat qu8lify as bas1¢ financlal Instruments. 88si¢ financial inslnjmenls are inlU8lly rec(wJnised at transaction value and subsequently measured at their settlement value with the excepilon of bank loans whlch ara sub58quenlly rneasured at the Canylng value plus accrued inlere81 le88 repaymen18. The financing cha8 lo expandiluro19 31 a constant rale calculated using the effective interest melhod n) Taxation The company is a registered charity and the Charilable tax expmptsons are therefore being claimed to the extent that income andlor gains are applicable and applied lo charitable PU05¢5 only. These exemptions will Main In plack as long ag Income and expenditure is applied to charltable purposes only. 11
Bangor Altornallv•s Llmlled Notes to th'a Flnanclal Stalements {contlnuod) for Ihe year ende(131 Mwch 2023 2 L•gal Status of the Charfty The Charity is a company limiled by guarantee and has no share capilal. 3 Inrne from Charliablo Actlvltlos Unr¢slrfcled R•slrlcl•d Tvlal funds 2023 Tolal funds 2022 Ards and North Down Borough Council Community Foundation Nl Allemalives DFC NIHE North Down Gfanl 'RHACCS . Sl Columbas 17,977 17.977 7.500 17.977 17.97.7 7,500 4 Analy818 of •xpendllurn on charltablo actlvltle8: Unmlrfcted R•slrleted Total funds 2023 Total fund8 2022 .'4A¢¢ounla lees Bank charyjes Programm6 ¢1)st8 Deprecialion 400 117 15,252 1,863 17,632 400 163 13,359 1,862 15.784 117 15.252 1.863 17.632 5 R•8ults for tho y•or 2023 2022 The results for Ihe year has been arrived at afier chargiTrJ the followMYJ.' Depreciallon 1,863 1.863 1,862 1,862 6 Anal15 of Jtaff Go$l6: No salarles or wages have been paid to employees, inclUdw the membern of the committee, during the perM)d. 12
Bgn9or Alt•rnatlv•8 Llmlt•d Nol•s to lh• Flnanclal Statements (contlnu¢dl for th? year end8d 31 March 2023 7 R•lated Party Tran8actlon Durlng the perfod 8angor Allernatlvos Ltd entered Inlo Ir8n8acllons with Northern Ireland Allematives Lld, a Relaled Party. At the Balance sheel date the balance owed was £2.672. None of the Tru$tees recelv8 remuneration or other benofit frn their work with th8 charity. D•btorn: amountg lalllng du• wllhln one year 2023 2022 Amounts due from relaled parties Tanglbl• Flx•d As8•18 Flxturn8 & Flttlngs Total Cost: As at 1 ApTII 2022 Addillons l.A6 at 31 March 2023 Depreclalion.. As al 1 Aprll 2022 .&,¢ -•.Chary8 for the year 7,450 7.4SO ' 7,450 7,450 5,587 5.587 1,863 "As at 31 March 2023 7,450 7,450 Net 8ook Valuè 'As at 31 March 202? fj A8 at 31 March 2023 1,863 1.863 9 Cr•dltor8: amount8 falllng du• wllhln on• y•ar 2023 2022 Accruals and deferred income Intercompany paty Trdnsactson$ 400 2,672 . 3,072 400 2,272 2,672 10 Analysls of Movements In Unr•8trfcled Fund• Openlng Balance. Incornin9 Re8ource8 Resour*8 Expended Funds as 8t 31 March 2023 General Fund Restrlcted Total 4,143 {3,6361 507 4,143 (3,290) 853 17,977 17.9TT (17,632) (17,632) 13
Bangor Altematlvo8 Umltod Not•8 to the Flnandal 51al•monts {conllnugd for thg year ended 31 March 2023 11 Analy81$ of not a6sels htw••n funds T4nglbl• Totsl Flxod A•iiels Nol Curr•ht A6sel8 Total Unrestrided Income Funds". Restricted Total 4.143 (3.290) 853 4,143 {3,2) 853 14
8angor Altomatlvos Llmll•d Managem•nl Infomiallon for Ihe year ended 31 March 2023 Th• followlng page• do not form part of th• •t•tutory flnanclDI •t•t•m•nt• whlth ar• th• subJ•ct of th• Ind•p•nd•nt •xarnlMrf8 rnport on pays 6 and 7. 15
8ang•r Altornatlv•s Llmltad Mafiagèment Infomiatlon for Ihe ear ended 31 Marth 2023 INCOMING RESOURCES 2023 2022 INCOME FROM CHARITABLE ACTIVITIES ds and North Oown 8¢>routh Coundl C(xnmunity FoundatN)n Nl Ajiemativey . DFC. NIHE rth Down Granl RHACCS Sl Colurnbas Other 17.977 7.500 17.977 7,500 Tolal Incom• 17,977 7.500 EXPENOITURE CHARITABLE ACTVITIES AccounlanGy Fees Progfarnmo Costs Travel Depreclallon Bank Fees TOTAL EXPENDTITURE 400 15.252 400 13,359 1.863 117 17.032 1,862 J63 15,784 NET (OUTGOING) I INCOMING RESOURCES FOR THE YEAR (8,284) 16 16