Company Number: N1040301 HMRC Number: XR43114 Charity Number: NIC106396 Mid Ulster Volunteer Centre {A company limltsd by guarantse. not havlng a share copltall Report and Unaudited Financial Ststements for the year ended 31 March 2024 R TJRoss&Co Chartered Accountants 44 Molesworth Street Cookstown Co Tyrone BT80 8PA
Mid Ulster Volunteer Centre IA company Ilmlted by guarantee, not having a share capltsll CONTENTS Page Trustees, and Other Information Trustees, Annual Report 4-13 Statement of Trustees, Responsibilities and Declaration on Unaudited Financial Statements 14 Independent Examinerfs Report 15 Statement of Financial Activities 16 Balance Sheet 17 Accounting Policies 18-19 Notes to the Financial Statements 20-24
Mid Ulster Volunteer Centre A company Ilmlted by guaranteg, not havlng a share capltall TRUSTEES, AND OTHER INFORMATION Trustees Ms Rachael Jane Jeffers Ms Mary Josephine McGuckin Mr Gerard Lynch Mr Michael Murphy Mr Joseph Wilson Mrs Mary Devlin HMRC number XR43114 Company Number N1040301 Charity Number NIC106396 Registsred Office and Princlpal Address 20 Queen Street Magherafell Co Londondery BT45 6AB Northern Ireland Accountants R TJRoss&Co Chartered Accounlants 44 Molesworth Street Cookstown Co Tyrone BT80 8PA Northern Ireland Bankers Bank of Ireland 11 Market Street Magherafell Londonderry BT45 6EE
Mid Ulster Volunteer Centre (A company Ilmlted by guarantse, not having a share capttsii The trustees present their Trustees, Annual Report and the unaudited financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the arKounling policies set oul in Note 1 to the financial statements and comply wilh the company's Articles of Association, the Companies A 2006, Part 8 of the Charities Act {Northem Ireland) 2008, other applicable law and the requirements of thè Statement of Recommended Practice ISORP>, FRS102 and with the financial reporting standards applicable to charities preparing their accounts. GOVERNING DOCUMENT The organisation Is a private charitable company limited by guarantee, having been incorporated on 28 February 2001. The Company was established under a Memorandum of Association which established the objects and powers of the charitable company and is govemed under its Article of Association. In Ihe event of the company being wound up members are required to contribute an amount not exceeding £1. Structure, Governance and Management The charity is committed to the principles of Corporate Governance; and through the development of various manuals. will capiure all inlemal and extemal processes and pr0dureS. The detailing of the companls activities in this way will ensure we follow best praclice guidelines and demonstrate appropriate openness. transparency and accounlability in all of our business activities. Embracing Corporate G0Veman ensures that as an organisation we adhere to the highest standards of inlegrity in carrying out our business and managing our finances. The company is fully aware of its responsibilities and the need for ac¢ounlability. particularly in relation to the management of public money. Management Committee as at the 31 March 2024 May Devlin Gery Lynch Michael Murphy Joseph Wilson Josephine McGuckin Treasurer Ms Rachael Jane Jeffers Chairperson Vice Chairperson Principal Risks and Uncertainties The directors have conducted a review of the major risks to which the charity is exposed. Appropriate syslems and internal controls are in place throughout the charity's prOsSeS and procedures to provide clear accountability and to mitigate those risks which the charty faces. The company seeks to maintain high standards in the management of risk and the processes in place reviewed annually lo ensure their relevance.
Mid Ulster Volunteer Centre A company Ilmlted by guarantee, not having a share capltsll The trustees, who are also the directors of the charity, al the date of this report and those who served during the financial year together wilh the dates of any changes are set out on page 3 and are listed below. Trustees The trustees who seNed during the year are as follows: Mrs Mary Devlin Mr Gerard Lynch Mr Michael Murphy Mr Joseph Wilson Ms Mary Josephine McGu¢kin Ms Rachael Jane Jeffers In accordance with Ihe Constitution, the trustees retire by rotalion and. being eligible, offer themselves for re-election. Objectives and Activities The objects of Mid Ulster Volunteer Centre as set out in our Articles are to advan community development by promoling and providing volunteering opportunities and activities for the benefit of individuals and communilies Ihroughout Mid Ulster and by supporting and developing the work of community and volunlary groups and organisations in charitable adivity which seeks lo improve the quality of life of the inhabitants of the Mid Ulster. Mid Ulster Volunteer Centre aims to advan education and training for the public benefit by delivering Iraining and menloring to volunteers, staff and directors I management committee members of volunteering-involving organisations in the area of benefit. Mid Ulster Volunteer Centre also aims to promote personal development with a view to enabling the community to enhance their social and personal skills and develop and participate in valued roles in the community. Public Benefit Statement In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidan on public benefit to ensure activities have helped to achieve the harity's purpose and provide a benefit to the beneficiaries.
Mid Ulster Volunteer Centre IA Company limitsd by guarantèe, not havlng a share capltsl} Summary of Main Activlties Mld Ulster Volunteer Centre is based in Magherafelt and Cookstown and seeks to encourage Social Inclusion by working wilh the community to help further personal developmenl through volunleering andlor training. The centre in govemed by a voluntary management committee and has a dedicated and knowledgeable team of staff who support the work of the organisation. The Volunteer Cenlre is a registered Umbrella Body with Access Nl, and has been providing a discreet, professional vetting Servi for volunteer involving organisalions since Access Nl was introduced in April 2008. The Volunteer Centre adopts an ethos of empowerment, believing this is fundamental for improving health and wellbeing and Increasing individuals, and communities, control over their lives and their health. In addition to ¢rUIting, placing and supporting volunteers with a range of community-based organisations across Mid Ulster. The Volunteer Centre works in partnership with the Northern Health and Social Care Trust to provide an alternative to traditional day-care. 'The Base,, which is a project for local people with learning disabilities which empowers thern to access local community ServIS and facilities and facilitates social inclusion and the development of friendships. The 'Forever Young, Project, uses a comprehensive programme of activities to promote positive health and wellbeing among older people. It also aims to Greate awareness of the risks presented to older people as well as to provide support for caregivers. We were delighted to receive the Strategic Community Development Grant from Mid Ulster District Council. This grant has been invaluable lo us in supporting us keep a presence in Cookstown. All the work would not be possible without the support of our funders.. Department for Communities Garfield Weston Foundation Halifax Foundation Nl Mid Ulster District Council National Lottery Community Fund Northem Health and Social Care Trust A special appreciation goes out to the committee and volunteers for their unwavertng dedication and support this year. their input is crucial. None of the management committee received remuneration or olher benefit from their work with the charity. Mid Ulster Volunteer Centre also appreciates the conlinued and invaluable support from InVOLve (Nl).
Mid Ulster Volunteer Centre IA company limited by guarantee, not having a share capltall Achievements and Perfom)ance The followin9 is an update on what Mid Ulster Volunteer Centre has a¢hieved during 2023 - 2024. 301 new volunteers were reglstered Assisted and supported volunteering placement organisations Organised 7 lurn up, take parf, volunteering opportunities Ihat provide one off opportunities for people to volunteer • Promote opportunities for volunteering Participated in events recognising the value of volunteering in the Mid Ulster area Aclively aim to increase the number of volunteers from under-represented groups including persons with a disability. older people,. and people from the most disadvantaged areas Provide advice to Volunteering Placement Qrganisations Offer training and heallh checks to all new volunleer placement organisalions 214 Access Nl's were processed during Ihis year Organised 3 Corporate Volunleering Days Mid Ulster Volunteer Centre continued to promote volunteer opportunities during this time, as well as offering organisation5 help wtlh policies, volunteer management, procedures and any concerns an organisation may have. We continue to support organisations with information and guidance and refer them to other organisations such as NICVA. RCN, CWSAN, CINI when required for example regarding risk assessments, funding and training elc. EPIC ATrrds Our new EPIC (Empowering People In Communilies) Volunteer Awards initiative, in conjunction with Volunteer Centres Nl rewards volunteers who make a commitment of at least 50 hours within any 12 month period. We think Ihal our volunteers make an EPIC contribution to the community, and thays why we have set up an iniliative to reward volunteers of all ages and across all sorts of organisations. Volunteering is vital to community life.. it is the heart of our cornmLtnity with people giving their time freely for the benefit of others.
Mid Ulster Volunteer Centre IA company limitod by guarantee, not havlng a share capltall Volunteers, Week 2023 We launched Volunleers, Week with a Volunteer Recognition Reception for EPIC Volunteers and Organisations hosted by Chair of Mid Ulster District Council Couneillor Cora Cory.
Mid Ulster Volunteer Centre IA company Ilmlted by guarantee, not havlng a share capltall Friday 2 June, we hosted at Lissan House an Aftemoon Tea Paty and House tour, working alongside volunteers from Lissan. We were delighted to have Linda McALtley MBE from BBC Radio Ulster attending and speaking wilh volunteers and finding oul more about volunleering in Mid Ulster. Her chats with volunteers featured on her Volunteers, Week programme which aired the following Saturday helping promote volunteering, the organisations and hopefully inspired potential volunteers. Trainlng 110+ volunteers received training on Safeguarding, Good Governance, Induction to Impact, Basic Firsl Aid and Food Safety. Proper training equips volunteers with the necessary skills and knowledge to perfonm their roles effedively, fostering confidence and commitment. Well-trained volunteers are more likely to engage meaningfully with the community they assist, leading to better outcomes for the projects they support. Ultimalely, investing in volunteer training not only empowers individuals but also strengthens the overall effectiveness of organisations and community initiatives. The Base
Mid Ulster Volunteer Centre A company Ilmlted by guarantso. not havlng a share capitsll Throughout the year Magherafelt and Cookstown Base members, NHSCT Day Opportunities SeNice Users and Volunteer Centre Staff and volunleers took part in group volunteering with vaFiOUS organisations. In November members of the Base Cookstown and Volunteer Centre staff enjoyed a morning volunteering with Sunflower Support Nl at their allotments based at Springhill In December during Inlemational Volunteer Day and the theme for 2023 being 'lf everyone did... the Base Magherafelt started their annual wrapping Ghallenge for Hope Magherafelt'5 Christmas Appeal. They wrapped over 300 pairs of Pyjamas which were then donated with food hampets to families in need in our local area over Christmas. Members of the Base Magherafelt also helped during December with the annual Chrtstmas Lunch for our Forever Young project for those over 60. During the last week before Christmas break, Cookstown Base teamed up wilh The Hub BT80 in Cookstown to make and donate 240 pieces of shortbread to be used and given to those attending The Hub BT80's Christrnas lunch on Christmas Day. ID Throughout the year we Gonlinued to WO fortnightly on our Kindness Rock Garden based at Maghera Walled Garden. We have regular volunteers from Day Opportunities and also both Cookstown and Magherafelt Base members helped to create Kindness Rocks. During the summer we planted and harvested potatoes, cabbage, tomatoes, broad beans, onions, lettuce, kale, courgelte$ and broccoli. We would also like to take this opportunity to thank all volunleers for Iheir commitment and contribution In their support of The Base service users in Cookstown and Magherafell. Forever Young Project 10
Mid Ulster Volunteer Centre {A company limited by guarantee, not havlng a share capltall This is the first year of the Forever Young projecl funded by National Lottery Community Fund. A new PTojed Leader and Project Assistant were appointed for this 4 year programme. Over the course of the year, we have ¢onlinued to run an exlénsive schedule of classes and activitie$ Ihal reflect the needs and wishes of the members. This has been trial and error when introducing new classes however using taster sessions and activity questionnaires has helped to gauge what the community want to engage in. As the demographics are changing and we have an ageing population, the age to join is now 60+ with some wavering made lo those under age bracket whom may be facing social isolation, loneliness, mental illness or disability. The programme continues to see Consistent numbers attending Ihe classes- luncheon club, Chair exercise, crochet, lalkslinformalion sessions. The talks included scams, TAKE 5 steps to heallh and well-being, STEP on benefits and budgeting, energy efficienw and home safety delivered by the Council and gut health. These were received positively and had on average 20 in attendance in each of these workshops. These will conlinue to occur throughout the following year to indude topics that are relative to older people. We also had 2 cooking sessions '7 days 7 dinners, pilot by Public Health Agency {PHA) which was funded by PHA. These had great interest,. we had hoped for people to receive 2 sessions however because numbers were high. we had to splil among 2 sessions. We would be keen to continue these workshops based on the interest and healthleducational benefits. A part of the funding application was to start up a Men's Group. We held a lebratIon moming in November 2023 where we cooked a fy and gauged ideas and thoughts of what a men's group would look like for them. We had 20+ in attendance and got new regislralions. We have held men specific sessions induding prostate cancer talk, visit from wartime memorial, cooking session. AGE Nl's Good Vibrations (men's programme) came to talk to the men on health and well-being. We have also worked in partnership with Sperrin's Men Shed which a few of the men enjoyed planting some vegetables and olhers built a bench and some planters. This is something we plan to develop further. It has been diffiGult engaging the men on a consistent basis and we will need to look into Ihis further to see how we can overMe thi5 challenge. other things we have held over the pasl year has been- chair yoga, line dancing, wreath making workshop, craft workshops, painting classes, trip to Portstewart. Chrislmas pantamime. Christmas dinner (we had the pleasure of having pupils from local school's carol singing during this), coffee mornings and aftemoon tea. The consistent numbers attending classesfvdorkshops each week demonstrates the need for the programme and through evaluations il is evident the benefits it has to our members. Have met new friends at the Tuesday luncheon club and look fOnVa to going as much as I can.. 11
Mid Ulster Volunteer Centre {A company limlted by guarantse, not having a share capltall "A very welcome addition for allpeople in the area. Good variely of classes." °The different classes provided give an opportunity to try new things e.g paintingAine dancing- Iheyprovide slimulation of the mind and physical eXeiSe in a fun way. Opportunity to meet new peoplo is also invaluable. 'The Fover Young Project has given me faith in others again, knowing that otherpeople care about my Ove11 health means so much to me as l am my husbands main carer, his health rèally put ourlives on hold, I felt I was only existing but the project has Ghanged that for me." 'As a pensioner l enjoy the social side of the class." .1 have leamed a new skill." .1 think it is g8t to go to these things I would be lost without the pn)ject.° °The class has InCaSed my interest and my desi to get out. Meeting people and leaming to do something worthwhil8 like crochet 8nd many diffargnt things." 'It is vital that the pmject continues." 'Great to get out of the house and meet new people.. The projects aim is to combat loneliness and reduce social isolation and it is clear that this is actively being achieved with members reporting they have met new friends, feel less isolated and lonely, gives them a reason to go out and improved mental heaRh. In addition, the extensive range of Glasses, workshopsftalks and lunches supports and promotes the aim of the project to improve overall health and well-being. We will continue to provide a variety of activities ensuring we are reathing the needs and interests of all beneficiaries whilst ensuring they are benefiual to improving overall health and well-being andlor reducing loneliness and cost effective. Financial Review 12
Mid Ulster Volunteer Centre IA company Ilmlted by guarantge, not havlng a share capltsl} In 2023124, total incoming resources were £248,689 {2022123 £243,027} During the year the charity was fortunate enough to receive support from a number of sourtss including Northem Health and Social Care Trust, Mid Ulster Council, Department for Communities, The National lottéry Community Fund and Tesco bags for help. Total expenditure for 2023124 was £238,6671202212023 £230,651) The Charily was in a healthy financial position at the year-end, with net Currenl assets of £129,934. The trustees confimi that since Ihe year-end, it is not aware of any events that would have a material detrimenlal impact on its position. Reserrfe$ Pollcy The trustees of Mid Ulster Volunteer Centre have set a reserves policy which requires.. The charity lo maintain a level of reserves which meets the needs of the project both at the current lime and in the foreseeable fulure. The level of reserves held are based on the need to fund unexpected expenditure and to ensure that it can fund any shortfalls in income, should inGome not reach expected levels. The Board of Directors will be responsible for monitoring the level of reserve5 on a monthly basis. Principal Funding Sources The principal funding sources for Mid Ulster Volunteer Centre is currently by way of grant and contract income. Related Party Transactions None of our trustees receive remuneration or other benefit from their work with the charity. They are only reimbursed for charitable expenses. During the year none of the trustees were reimbursed. 13
Mid Ulster Volunteer Centre IA company limitèd by guarantÈ•, not having a share capital} STATEMENT OF TRUSTEES, RESPONSIBILITIES AND DECLARATION ON UNAUDITED FINANCIAL STATEMENTS General responsibilities The trustees are responsible for preparing the financial slatements in accordance wilh applic8ble law and regulations. Company law qUIreS the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charitable Company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the net income or expenditure of the charity for that period. In preparing these financial stalements, the trustees are required to. select suitable accounting policies and apply them consistently- make judgements and estimates that are reasonable and prudent. Observe the methods and principles in Ihe Chariles SORP. slate whether the Charities SORP (effective January 2015) in accordance with FRS 102 has been followed; prepare the financial statements on the going concern basis unless it is iriappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial posÈtton of the charity and to enable Ihem to ensure that the financial statements comply with. and all Regulations lo be construed as one wilh thal Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and deleclion of fraud and olher irregularities. TTUStees' de¢laratlon on unaudlted financial statements In relation to the financial statements comprising the Statement of Financial Activities (incorporating an Income and Expenditure Account). the Balance Sheet, the AccountiFkg Policies and the related noles-. The trustees approve these financial statements and confimi that they are responsible for them. including selecting the appropriate accounting policies, applying them consistenuy and making, on a reasonable and prudent b8SlS. the judgements undedying them. They have been prepared on the going concem basis on the grounds that the char*ty will continue in operation. The trustee5 confirm thal Ihey have made available to R T J Ross & Co. Chartered Accountanls, all the charity's accounting records and provided all Ihe infomialion, books and documents necessary for the compilation of the rinancial statements. The Iruslees confirm that to the best of their knowledge and belief, the accounting records reflect all the transactions of the Gharity for the year ended 31 March 2024. Special provisions relating to small Gompanies The above report has been prepared in accordance with the special provisions relating to small companies within Pari 15 of the Companies Act 2006. On behalf of the Board Ms Rachael Jane Jeffers Date: 18th November 2024 14
Mid Ulster Volunteer Centre IA company Ilmlted by guaranteg, not having a share capitsl) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF MID ULSTER VOLUNTEER CENTRE I have examined the financial statements of the Trust for the year ended 31 March 2024, which comprise the Statement of Financial Acttvities (incorporating an Income and Expenditure Account), the Balance Sheet, the Accounting Policies and the related notes. These financial statements have been prepared under the accounting policies set out therein. The financial statemenls were nol required to be audited in acGordanGe with Part 16 of the Companies Act 2006. This report is made solely to the ¢harttsble company trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial stalements that we have been engaged to compile, pOrt lo the charitable company's Board of Trustees that we have done so, and state those matters that we have agreed to state lo them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's Board of Trustees. as a body, for our work, or for this report. Respective responsibilities of trustses and examlner As explained more fully in the Stalemenl of Trustees, Responsibilities. the trustees, who are also the directors of the charitable company, are responsible for the preparation of the Trustees. Annual report and the financial statements in accordance with applicable law and Accounting Stsndards (UK and Ireland). The charitsble company trustees consider an audFt is not required for this year under Chapter 3 of Part 16 of the Companies Act 2006 bul that an independenl examinalion is required under that Act. It is my responsibility to.. examine the financial statements under Chapter 3 of Part 16 of Ihe Companies Act 2006 and sertion 65 of the Charities Act thereunder- follow the procedure5 laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9){b) of the Charites Acl.'- and state the fads if it has come to my attention in the course of my examination work that any: (i) material expenditure or action appears not to be in accordance with the charitable company's trusts. (li) information or explanation l am enlitled to under the Regulations has not been afforded to me., (iii) information contained in the financial statements is materially inconsistent with Ihe Trustees, Annual report for the year. Basis of independent examinerfs report My examination work was undertaken in accordance with the general directions given by the. Charity Commission for Northern Ireland under section 65{9){b) of the Charities Act. Such an examination includes a review of the accounting records kept by the charitable company and a comparison of the financial ststements presented wtth those records. It also includes consideration of any unusual items or disclosures in the financsal ststements and seeking explanations from yourselves as the charitable company twstees conceming any such matters. The prOdureS undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements. Independent examinerfs statement In connection with my examinalion work, no matter has come to my attention.. which gives me reasonable cause lo believe that in any material respect the requirements to keep proper accounting records and lo prepare accounts which accord with the accounting records and are in accordance with the methods and principles set out in the Charities SORP ,and which comply with the requirements of sedion 396 of the Companies Act 2006 other than the requirement to give a true and fair view have not been met. or lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the financlal statements to be reached. Ann-marle O'Nelll FCA R TJROSS&CO Chartered Accountants 44 Molesworth Street Cookstown Co Tyrone BT80 8PA Northern Ireland Date: 18th November 2024 15
Mid Ulster Volunteer Centre IA company limited by guarantee. not havlng a share Gapltall STATEMENT OF FINANCIAL ACTIVITIES {Incorporating an Income and Expenditure Ac¢ountl For the year ended 31 March 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Total 2024 2023 Notes Incoming Resources Generated funds: Voluntary income Donations and legacies 100 100 Charitable activlties Income from charitable activities 131,910 117,783 249,693 235,259 Other Trading activities Training Income Resource SeNice Income 3,713 3,713 7,768 Total incoming resources 135,723 117,783 253,506 243,027 Net Incoming Resources available for charitable application 135.723 117,783 253,506 243,027 Resources Expended on Charitable Actlvities Promotion. support & development of volunteering Wellbeing and personal developmenl 100,472 4,817 79,210 58,985 179,682 63,802 150,869 79.782 105,289 138.195 243,484 230.651 Total Resources Expended 105,289 138,195 243,484 230,651 Gross Iransfers beeen funds Surplusl{deflcitl for the year 30,434 {20,4121 10.022 12,376 Net movement in funds for the year 30,434 {20,412) 10.022 12.376 Reconciliation of funds Balances brought forward at 1 April 2023 92,519 44.261 136,780 124,404 Balances carried forward at 31 March 2024 122,953 23,849 146,802 136.780 The notes on pages 19 to 24 fom part of the financial Statements 16
Mid Ulster Volunteer Centre IA company limlted by guarantee, not having a share capstal} Company Numbtrr: N140301 BALANCE SHEET as at 31 March 2024 2024 2023 Notes Fixed Assets Tangible assets 16,868 22,142 Current Assets Deblors Cash and cash equivalents 2,040 139,320 5,660 114,150 141,360 (11.426) 119,810 15,172) Creditors: Amounts falling due within one year Net Current Assets 129.934 114,638 Total Assets less Current Liabilities 146,802 136,780 Funds Restricted Irust funds General fund {unreslricted) 23,849 122.953 44,261 92.519 Total funds 10 146,802 136,780 These financial statements have been prepared in accordance with the special provisions relating to small Gompanies within Part 15 of the Companies Act 2006. For the financial year ended 31 March 2024 the charitable company was entilled to exemption from audit under Section 477 of the Companies Act 2006; and no notice has been deposited under Section 476. The trustees acknowledge thelr responsibility for ensuring Ihat the charitable company keep5 accounting records which comply with Section 386 and for preparing financial statements which gNe a true and fair view of the stale of 8ffairs of the charitable company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of Sections 394 and 395 and which olherwtse comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. Approved by the board and authorised for issue on 18th November 2024 and signed on its behalf by Ms Rachael Jane Jeffers Trustee s Mary Jos phine McGuckin Trustee The notes on pages 19 10 24 fomi part of the financial stalernents 17
Mid Ulster Volunteer Centre IA company limited by guarantee. not havlng a Share capltall NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 General inforniation The charity is a private company limited by guaranlee, registered in Northern Ireland and a registered charity in Northem Ireland. The address of the registered offio is 21 Queen Street, Magheraf<, Co Londonderry, BT45 6AB. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting standard applicable in the UK and the Republi¢ of Ireland" The statement of Recommended Practice applicable in charities preparing their accounts in accofdance with the Financial Reporting Standard applicable in the UK and republic of Ireland (FRS102)(Charilies SORP(FRS102)) and the Charilies Act (Northern Ireland) 2008. Involve {Nl) meels the definition of a public benefit entity under FRS 102. Basls of preparation The financial stalemenls have been prepared under the historical cost convention and in accordan with the Companies Act 2006 and Part 8 of the Charilies Act (Northern Ireland) 2008. The financial ststements are prepared in sterfing, whiGh is the functional currency of the entily. The following accounting polieies have been applied consistently in dealing with items which are considered material in relation to the charitable company's financial statements. Cash flow ststsment The charitable company has availed of the exemption in FRS 102 from the requirement to produce a cash flow statement because it is classified as a small charitable company. Restricted funds ReslriGted funds are subjected to restriclions on their expenditure imposed by the donor or through the teffns of an appeal. Unrestricted free reserves Unrestrided funds are available for use at the discretion of the Management Committee in fvrtherance of the general objectives of the company. Going Concem The charity maintains a good level of liquidity. Having considered the circumstances, the Iruslees consider it appropriate to prepare the financial stalements on a going concem basis. Accordingly, Ihese financial statements do nol indude any adjustments to the carrying amounts and classification of assets and liabilities that may arise rf the charitable company is unable to continue as a going concem. Incoming Resources Voluntary income or capital is included in the Statement of Flnanaal A¢tivitie5 when the charitable company is legally entitled to il, its financial value can be quanlified with reasonablè rtainlY and there is reasonable certainty of its ultimate receipt. Entitlement to legacies is considered established when the Charitable company has been notified of a distribution to be made by Ihe executOTS. Income received in advance of due perfomance under a contrad is accounted for as defeed income until earned. Grants for activities are reGognised as income when the related condilions for legal entitlement have been met. All other income is accounted for on an accruals basis. 18
Mid Ulster Volunteer Centre IA company limltsd by guarante9, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS continued for the year ended 31 March 2024 Resources Expended All resources expended are a¢counted for on an accruals basis. Charitable activities indude costs of services and grants, support costs and deprecialion on related assets. Costs of generating funds similarty include fundraising activilies. Non-staff costs not attributed lo one calegory of activity are allocated or apportioned pro-rala lo the slaffing of the relevant service. Finan, HR, IT and administrative staff costs are directly attributable to individual a1VitieS by objective. Governance costs are those associated with constitutional and statutory requirements. Defined Contribution Pension Scheme Pollcy ContribLrtions to defined contributions plans are recognised as an expense in Ihe period in which the related seNice is provided. The assets of the scheme are held separately from those of the charity. Tanglble fixed assets and depreciation Tangible fixed assels are slated at cost or at valuation, less acLumulated depreciation. The charge lo depreciation is alculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over Iheir expecled useful lives as follows: Fixtures, fitttngs and equipment Computer Equipment 1 Ovo Straight line 33.3 % Straight line Taxatlon This organisation is a charity. therefore there is no liability to corporation tax. NET INCOMING RESOURCES 2024 2023 Net Incoming Resources are stated after charyingl{credltlng)". Depreciation of tangible assets Independent Examinerfs remuneration= -independent examination services 7,074 7,197 2,500 2,500 19
Mid Ulster Volunteer Centre IA company limited by guarantee, not having a share capltsl) NOTES TO THE FINANCIAL STATEMENTS conlinued for the year ended 31 March 2024 Charitsble activitiès Unrestrictsd 2024 Restrlcted 2024 Total 2024 Total 2023 Grants Department for Communities Mid Ulster District Council Northern Health & Social Care Trust Halifax Foundation for Northem Ireland Tesco: Bags for Help Scheme Garfield Weston Foundalion National Lottery Community Fund Public Health Agency Other income from charitable activities 45,318 7,¢)00 45,318 7,000 106,430 44,741 6,000 108,112 4,000 106,430 25,000 46,486 920 65,465 65,465 25,480 25,480 Totsls 131,910 117,783 249,693 235,259 ANALYSIS OF RESOURCES EXPENDED Unrestricted 2024 Restricted 2024 Total 2024 Tolal 2023 Promotion, Support & Development of Volunteering Other costs Programme costs Volunteer recognition Equipment Salaries, wages & pension5 Training Accommodation, Catering and Hospitality Depreciation Donalions Travel & subsistence costs Volunteer expenses 1,155 2,845 3.000 1,000 43,591 223 4,000 3,000 1.227 121,686 1,359 398 4,074 7,865 227 78.095 1,136 398 1,626 94,995 341 763 4.197 2,448 1,261 85 962 2,223 85 3,313 83,983 54,069 138,052 111.474 Support costs: 16,489 23,327 39,816 36.895 Governance Costs: 1,814 1,814 2,500 Totals 100,472 79,210 179,682 150,869 20
Mid Ulster Volunteer Centre IA Company Ilmited by guarantse, not havlng a share Capital) NOTES TO THE FINANCIAL STATEMENTS continued forthe year ended 31 March 2024 ANALYSIS OF RESOURCES EXPENDED Icont'd) Unrestricted 2024 Restrlcted 2024 Total 2024 Tolal 2023 Wollbelng and personal development Other costs Programme costs Volunteer Week expenses Luncheon Club Salaries, wages & pensions Training Accommodation, Gatering and Hospitality Depreciation Evaluation Travel & subsistence costs Cost of raising funds 1,100 5,555 6,655 3,046 3,046 40,929 3.287 43,709 3.800 5,734 3,000 4,500 3,260 40,929 3,970 3,000 3,970 3,000 537 377 914 4,683 53,831 58,514 67,290 Support costs: Govemance Costs: 134 4,468 686 4,602 686 12,492 4,817 58,985 63.802 79,782 ANALYSIS OF SUPPORT AND GOVERNANCE COSTS Unrestrlcted Restricted 2024 2024 Total 2024 Tota 2023 Support Costs . allocated on time Premises costs Office costs 1,726 14.897 24,587 3,208 26,313 18.105 35,869 13,518 16.623 27,795 44.418 49,387 Govemance Costs Accountancy services Legal and Professional 2.500 2,500 2,500 16,623 30,295 46,918 2,500 21
Mid Ulster Volunteer Centre IA company Ilmlted by guarantee. not havlng a share capltal} NOTES TO THE FINANCIAL STATEMENTS continued for the year ended 31 March 2024 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive Ifuslees) during the year was as follows.. 2024 Number 2023 Number Employee's 10 10 The staff costs comprise.. 2024 2023 Wages and salaries Pension costs 143,201 19,415 133,365 5,339 162,616 138,704 TANGIBLE FIXED ASSETS Fixtures, Computer Equipment Total fittlngs and equipment Cost At 1 April 2023 Addition5 112,930 10,174 1,800 123.104 1,800 At 31 March 2024 112,930 11,974 124,904 Depreciation At 1 April 2023 Charge forthe year 90,898 6,363 10.064 711 100,962 7.074 At 31 March 2024 97,261 10,775 108,036 Net book value At 31 March 2024 15,669 1.199 16,868 At 31 March 2023 22,032 110 22,142 DEBTORS 2024 2023 Amounts owed by connected parties (Note 12) Other debtors Prepayments 5,660 2.040 2.040 5,660 22
Mid Ulster Volunteer Centre IA company Ilmlted by guaranteg, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS continued for the year ended 31 March 2024 CREDITORS Amounts falling due within one year 2024 2023 Bank overdrafts 3,672 Other creditors Taxation and social security costs Accruals and deferred income 9,600 1,500 1,826 11,426 5,172 ANALYSIS OF NET ASSETS BY FUND Fixed assets - charlty use Current assets Current Ilablllties Total Restricted Fncome Restricted 14533 18,916 {9,600) 23.849 Unrestricted income Unrestricted 2,335 122,4H (1,826) 122,953 16,868 141,360 (11,426) 146,802 10. ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2023 Incomlng Resources resources expended Balance 31 March 2024 Restricted Income Reslricted 44,261 117.783 (138,195) 23,849 Unrestrlcted income Unrestricted 92,519 135,723 (105,289) 122.953 Totsl funds 136,780 253,506 {243,484) 146,802 11. STATUS The charitable company is limited by guarantee not having a share capital. The liability of the members is limited. Every member of the company undertakes to conlribute to the assets of the company in the event of its being wound up while they are members, or within one year thereafter, for the paymenl of the debts and liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses of winding up. and for the adjustment of the righls of the contributors among themsèlves, such amount as may be required, not exedIng £ 1. 23
Mid Ulster Volunteer Centre IA company Ilmlted by guarantse. not havlng a Share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the year ended 31 March 2024 12. RELATED PARTY TRANSACTIONS The ¢harilable company had transactions with other conneded parties. The following amounts are re¢elvable at the year-end.. Balance 2024 Movement in year Balance 2023 Maximum in year 2024 2023 The following amounts a due to other connected parties.. 2024 2023 Net balances with other connected parties.. 13. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the year-end.