CHARITY REGISTRATION NUMBER: 106751 Regina Coeli Hostel Financial Statements 31 March 2019 EELY Chartered accounlanl & slalutory auditor Aisling House 50 Stranmillis Embankmenl Belfast BT9 5FL
Regina Coeli Hostel Financial Statements Year ended 31 March 2019 Page Trustees. annual report Independenl auditor's report lo Ihe members Statement ol financial activities (including income and expendilure account) Statement ol financial position Notes to the financial statements 10
Regina Coeli Hosiel Trustees. Annual Report Year ended 31 March 2019 The trustees presenl their rert with the financial statements of the charty lor the year ended 31 March 2019. The trustees have adopted the prowsions ot the Slalement ol Recomrnended Practice ISORPI 'Accounting and Reporbng by Charitses. iSSL*d in January 2015. Referenc8 and admlnlstratlvo detalll Reglstered charlty namo Regina Codi Hosiel CharSly reglstration number 106751 Prlnclp81 offlco &10 LaS(e Glen Avenue Andersonslown Road 8ellasl 8T11 8FE Tho iru#to81 Mr H A Fitzsimons Mr J Cassidy Sister M J Calney Sister R M Curran Ms A Darcy Mr P Dohety Mrs S Donnelly Mr M Dummigan Mr B Higgins Mrs M O'Neill Mr M M¢Cudey Mr B WGuin6ss Chwrperson Secretary Appointed 29.11-2019 Appointed 29-10-2019 Appointed 17-09-2019 Resigngd Apwinled 17-09-2019 Resigned AFpoinled 17-09-2019 Audllor Maneely Mc Cann Chartered accountani & stalulory auditor Aisling House 50 Stranmillis Embankment Bella$i BT9 5FL Bankers First Trust 11115 Donegdl Sq North Bemasl Anlrim 8T1 SGB
Regina Coeli Hostel Trustees. Annual Report (Conrtlnd1 Year ended 31 March 2019 Structure. govemance and managemenl The charity is an unincorForaled Irust and is controlled by a constitution amended 17 July 2017. Regina Coeli Hostel is owrd by the Regina Coeli Praesidium ol the Legion ol Mary. The adopb'on of a new constitution in September 2019 means Ihai Regina Coeli Hosiel is now managed by an independent 8oard ol Trustees. The Legion ol Mary has representation on the Board Recruilmenl and appoinlmenl ol n8W trustees. A new trusteé who is duly qualified may be appointed al any lime by the Board ol Trustees. Th8 Iruslees shall be aFpoinled lor 2 years when the appointmenls may be renewed. An aFpointsnenl musl be made il the number ol trustees fall bglow four wth a maximum oi e1Ve. The Trustees are resFonsiblg lor keepiNJ pro1 a¢counlin9 records that disclose Wlth TeasonatAe accuracy at any lime the linancial position ol thg charity. The Trustees are also responsible lor sal8guarding tho assets ol Ihe charity and hence taking reasonthe slgps lor the prevgnlion and detection ol fraud and other irregularities. Volunlgers The Hoslgl is in the happy position ol hawng many volunleers who givo ol their lime and gffort lo help out in Ihg hoslel particularly in the evenings and weekends. Thg Trustees and Management Committee are greatly ldebted to these volunleers for their cofflmitmenl and suppjrt. OblectIv #nd actlvllles Thg purposes of the charity is lo prowde lemporary accommcwJalion lor homeless women in 8etfasl by providing a sale and secure enwronmonl lor th8 residenls %Mlh appropriate levels of support and pastoral ¢are. The hostel provides accommodation lor 21 women in 14 single and 7 double rooms 01 which 4 are disabled access. An emergency room is $0 available. As well as providing temporary accommodalion, the Regina Coeli Hostel provides advice and assistance lo all residents by allocating each resident a keYVrker will help with primary hgallh are, budgeting, dèbt mana9ement. mentd health issues, substance rnisuse Issues and lulure rosettlemenl. Regina Coeli Trustees rectsanise thal to achieve these objectives it musl develop innovative and effectivè policies and procedures and work in partnership wlh a range ol trrganisalions and individuals, to assist both those peoFAe to prevent homelessness amongst (hose who are vulnerablg and in danger ol so doing. The serw¢es offered t>y RCH includes not only Irondine outreach and supported iemporary and longer- lemi accomrnodalion, bul includes lile-skills coaching. education, counselling and training. 11 is ideally placed wlhin society to dev&lop these serwces further lor those in need. Regina Coeli Hostel is not in direct competition ¥th other supp)rt charities or tojies. 11 aims to work in conjunction w7lh a range ol statulory and voluntary organisalions offeriThJ all those in need th9 best support available. In setting our objeclives and planning our aclivilies lor the year, the trustees and management ommittee have given carelul consideration lo the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the aclivilies have helped to achieve Ihe charitys purposes and prgvide a benefit lo Ihe beneficiaries.
Regina Coell Hostel Trustees. Annual Report Iconlinwd) Year ended 31 March 2019 Achlevements and performance The Hostel has provided temw>rary accommodation to homeless women since 1938. In the year to March 2019, Regina Coeli has provided support to 235 12018.. 2081, homeless single women. Each woman presented their own unique needs and risks, which are assessed during their stay in Regina. Based on the outcomes ol these assessments. individual support plans are implemented. Out ol the 235 12018.. 2081 women that we have prowded supporl lo this year, 100 {2018.' 1371 achieved this goal. A wille range ol s8Nices are available in-house, PTo¥ided by outside proMdeTS on a weekly or monthly basis. Exarnples ol support and semces provided included Mgnlal Health Group, Compuler Cours&, Essential Skills Course. Arts and Crafts Course. Confidence and Esteem 8uilding Course, Healthy Eating, Addiction Counselling, General Counselling. Gardening Programs and Community Volunlger Programmes. The Trustees and Managemenl Committee have assessed the major risks lo which the charity is exposed, in particular Ihose relating to the operations and finances ol the hostel and is salisliod that systems are in place lo manage the hostel's exposure lo the major risks. A major rgwew ol financial obJ'eetive8 and piocedures 1$ being ur¥*rtaken through springlsummer2020. FlnAnclal revlèw Regina Coeli Hoslgl receives funds via Ihe Northern Irgland Housing Execulivo lor support ol ils guests. Rent is recgivfjd from gyesls or as Housing Benelii lor m•ntenance and support ol Ihe building. Funds are also received from a charge made lo Ihe guesls lor meals and from chariiable donations from time to lim8. Dug lo underfunding in prior years thg resiricled funding is showng a delicit at Ihe end 012019 01 £192,887, 12018, £145,0751. This shortlall in previous years was meet from olher unrgstricted funds received. The Irusiees have decided lo rry the rgslncted funds del11 forward, as negotiations are ongoing lo receive a&Jilional lurKliny lo recover the shortl811. Income received during the year from Supporting People, Housing Bonèlit, guests. charges, charitable donations and investment incorno amounted lo £403,57312018. £410.6591. Expenditure during the year was £458,564 12018, £450,985) resulting in a nel dolicil 01 £54,99112018, deficit 01 £40,326> in th9 year. Thg Managgmgnt Comrlliltee is awaro ihai the remuneTalion paid lo supporl 51all, sonior support 5ts11 and management has signilicanlly lallen behirKI that which is available to comparable stall in comparable lacilities. This is having an adverse impact on Ihg recruilmenl arKI retention DI suitabl8 stall. The Trustees are currendy overse¢ing a major review ol slaffing lo ensure a more elfi¢ienl use ol Tesourcgs and dglivery ol a l¢Jp class service. During 2020 Regina Coeli will be developing partnershp afrangemenls wth Morning Staf House to achievg maximum economies ol scale arKI enhance ¢wr Mual sgrvices The Truslees and Management Committee have rewewed the reserves Dt Ihe charity and strives lo ¢nsur8 Il has adequate reserves to cover any unforeseen expendilure in future. It is desirable lo rnaintain reserve levels which would equale lo approximately six months of expenditure, thus safeguarding service delivery on an annu basis. At present resgrves equate to approximately fiv8 months ol expenditure.
Regina Coeli Hostel Trustees. Annual Report i¢anNnu•&lJ Year ended 31 March 2019 The trustees. annual report was approved on 30 January 2020 and signed on behalf ol the board ol trustees by.. MrHAFi Trustee imons
Regina Coeli Hostel Independent Auditor's Report to the Members of Regina Coell Hostel Year ended 31 March 2019 Oplnlon We have audited the linan¢ial statements ol Regina Coeli Hostel Ilhe 'charity'l lor the year ended 31 March 2019 which comprise the slalement ol finala1 activities (including income and expenditure a¢¢ounll, slalement ol linancial position and lh¢ related notos. including a summary ol significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accountin9 Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Aepublic ol Ireland (United Kingdom Generally kcepted Accounting Practice). This report is made solely lo lh8 tharitls mgmbers, as a body, in accordance wilh sgclion 65 of the Charities Act (Northern Irelandl 2008. Our audit work has been undertaken so that we might stale lo the ¢harity's Mem1$ those matters we are required to stale lo them in an auditorfs report and lor no other purpose. To the lullesl exlenl permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charitys membgrs as a trtxjy, for our audit work, lor this roport, or lor the opinions we have lormed. In our opinion the financial slalemenls: give a true and lair view ol the slate ol the chariWs alfairs as al 31 March 2019 and ol ils incoming resources and aFplicaknon ol resources, including its income and expenditure, lor the year then ended.. havg b$6n properly prepared in accordance wlh United Kingdom Generally Aepted Accounting Praclico: have beèn prepargd in accordance the reqLbir¢menls ol Ihg Charib'es Acl (Northern Ireland) 2008. BASIS for oplnlon We conducted our audit in accordance with Intornathonal Standards on Audiling IUKI IISAS IUKII and applicable law. Our responsibililies under Ihose standards arg further described in the audllor's responsibilities lor Ihe audit ol the financial statements seclion ol our report. We are indopendenl of the charity in accordance with the ethical Tequirements ihal are relevant lo our audit ol tho financial stalemenls in the UK, including th9 FRC'S Elhical Standard, and we have lulli119d our other ethlcal responsibilities in accordance wlh these requirements. We believe that the audil ovidènce we have obtained is sullicienl and appropriate lo provide a basis lor our ¢)pinion. Malerlol uncertalnly rolaied to golng concern We draw attenlion to note 3 in (he financial statements, wttich indicates that the charity has a delicil on reslricted funds ol £192,887 al the period end and Ihe accounts have been Prepared on a going concern basis. the validity ol which depends on the continued support ol Ihe Legion ol Mary. The financial statements do not include any adjustmenis which would result il Ihis continued support was not secured. As slated in note 3, these events OT conditions, along wilh the olher matters as set forth in in note 3, indicate ihat a material uncertainty exists Ihal may cast signrficanl doubt on tho company's a'litY lo continue as a going concern. Our opinion is not modified in respect ol this matter.
Reglna Coeli Hostel Independent Audilor's Report to the Members of Reglna Coell Hostel leoniinwd) Year ended 31 March 2019 other Informatlon The olher inlormalion comprises the inlomiation included in the annual report, other than the linanclal slalements and our auditor's report thereon. The trLbslees awe responsible lor the other intormation. Our opinion on the financial statements does not cover the other information and, except to the extent othewse explicitly stated in our report, we do not express any fomi ol assurance Conclusion thereon. In connection with our audit ol the financial stalemenls, QUT reswnsibility is to read Ihe olh9r information and, in doing so, consider vthelhgr the olher inlofmalion is malgrially incon51slenl with the financial statements or our knoedge obtained in Ihe audit or othewse appears to ba materially misslaled. 11 we identify such material Inconsistencies or apparent material misslatemenls, we are required lo delermine whether there is a material misststemenl in the linancial statements or a material misstatement ol the other inlormation. 11. based on the work we have performed, we conclude that there is a material misslalemenl ol this other inlormation. we are required lo report that lacl. We have nolhing io report in this regard. Mattor$ on whlch we aro requlred to report by exc8ptlon In the light ol the kno&99 and understanding ol the charity and 11$ 8nwronmenl obtained in tho course ol the audit, we have nol identilied material misstatements in the Irusiees. roport. We have nothing lo report in respect ol Ihg lolloving matters in relation lo vthich Ihe Charilies Act (Northern ITelandl 2008 reqLbiTes us lo report lo you il, in our opinion= the information given in the trustees, r8Wrt is inGonsislenl in any malerial respect with the financial slalomenls,. or adequate accounting records hav8 not bgen kept., or the financial siatements are nol in agreemeni Ihe accounting records and returns.. oi we have not Toceived all the inlomalion and exanal10nS we require lor our audit. A•sponsSbllltlg5 ol truslges As explained more lully in the Irustees, respons*)ilities slalemenl, the Irustees arg responsible lor Ihg preparation ol the financi81 slalements and lor bebng satisfied that they give a true and lair view, and lor such internal control as the Irustees determine is necessary to enable the preparation ol financial statements Ihal are free from material misslalemenl, whelhei due io fraud or error. In preparing the financial statements. Ihe Injstees are responsiblg lor assessing the chartys ability lo continue as a going concern, disclosing, as aFplicablg, mattefs related to going concern and using the going concern basis ol accounting unless the Irustees eilheT intend lo l1d0te the charity or lo cease operations, or have no realistic alternative bul to do so. Audllor's respon$lbllltlo$ lor Ihtr audlt of ihe flnancial $tatgrnents Qur objectives are to obtain reasonable assurarKe about whether Ihe linancial statements as a whole are Iree from malerial misstatement, whether due lo fraud or error. and to issue an auditor's report that includes our opinion. Reasonat9 assurance is a high level ol assurance, txjl is not a guarantee that an audit conducted in a¢¢ordance with ISAS IUKI wll Jways delecl a materia misstatement when il exists. Misstatement5 can arise from fraud or erroT and are considered material il. individually gr in the aggregate, they could reasonably be exted to inlluence the economic decisions ol users taken on the basis ol these financial slatements.
Regina Coeli Hostel Independent Audilor's Report to Ihe Members of Regina Coeli Hostel {conllnu•dl Year ended 31 March 2019 As part of an audit in accordance wlh ISAS IUKI. wè exercise profession ju(SJmont and maintain prolessional scepticisrn Ihroughoul the audil. We also.. Idenlily assess the risks ol malerial misslatemenl ol the linancial stalemenls. whether due lo Iraud or error, design and perlorm audit procedures responsive lo those risks, and oblain audit evidence that is sutficienl and appropriate lo provide a basis lor our opinion. The risk ol not delecling a material misstalement resulting from Iraud is higher than lor one resulting from error. as Iraud may involve collusion, forgery, intenb'onal omissions. misrepresentations, or the override ol internal control. Obtain an undersianding of inlernal control relevant lo the audit in order to design audit procedures that are appropriate in the circurnstances. bul not IOT ihe purpose ol expressing an opinion on th6 effectivengss ol tho inlernJ conlrol. Evaluate the appropriateness ol accounting pgli¢1¢5 used and the reasonableness ol accounting eslimales and related disclosures made by the Iruslees. Conclude on the approprialen¢s$ ol the Iruslees. use of the going concern basls ol accounllng and, based on th¢ audit evidence obianed. whether a mal8rial uncertainty exists related lo evgnls or conditions that may casl signilicanl doubl on Ihg Charills ability lo continue as a going concern.11 we conclude that a material uncerlainty eyisls, we are required lo draw attenlion in our auditor's report lo the related disclosurgs in ihe financial slalements or, il such disclosures are Inadgquale, lo modily our opinion. Our conclusions are based on th¢ audit ewdenco obiained up lo the date ol our auditor's report. However, luture events or conditions may cause the charity lo cease lo continuo as a going concem. Evaluate Ihg oveTall wesenlalion, structure and content ol the financial slatemenls, including the disclosures. and whether the financial slalements rgpresenl the undgrfying transaclions and events in a manner that achieves lair presentation. We communicate wlh those charged wlh govèrnance regarding. among other mattèrs, the Flanned scope and timing ol Ihe audit and significant audit findings, including any synilicant delicienci95 in internal control Ihal we identify during our auth'l. Man ely Mc Ca Cha red acco Aisling House 50 Slranmillis Embankment 8ellasl 8T9 SFL lant & statutory auditor 30 January 2020
Reglna Coell Hostel Statement of Financlal Activities (Including Income and Expendlture Account) Year ended 31 March 2019 2019 Restricted funds Tolal lund$ 2018 Unreslricled hjnds Total funds No¢• Income and endowmentg Donations and legacies Charitable activities Other tradin9 aclivilies Total Income 9.265 125,489 36 3,000 265,783 12,265 391,272 36 1,404 409.156 99 134,790 268.783 403.573 410,659 Expendlluro Expenditurg on charitable activitK?s Total expendlturo 141,969 141,969 316.595 458.564 450,985 450,985 316,595 458.564 Nel 8xp•ndlture and n•t movomgnl In lunds 17.1791 147.8121 154,991) 140,3261 Roconclllatlon of funds Total funds brought forward Total lunds c•rrl•d foTh¥ard 131,160 1145,0751 1192,8871 113.9151 168.9061 26.411 123,981 113,9151 The sialemenl ol linaneial acliwlies includes all gains and losses fecognised in the year. All incorne and expenditure derivo Irom continuing actiwlies. Th• on pagès 10 to 15 lorm parl of th0 Ilnanclal s¢ateffl•nis.
Regina Coeli Hostel Slalement of Flnanclal Posilion 31 March 2019 2019 2018 Not• Current assets Debtors Cash at bank and in hand 11 8,549 223,647 232,196 10,257 236,254 246,511 Credltors: amount$ falllng due wlthln one year Net current Ilabllltlo8 12 301,102 68,906 260,426 13,915 113,9151 113.9151 Toi•l #998ts less currenl118blllll•s 168,9061 168,9061 Net1Sabllltlo• Funds of Ihe charlty Restricted funds Unreslricled lunds 1192.8871 1145,0761 123,981 131,161 168.9061 Total charlly funds 14 113,9151 These linanciaj statements were approved by the bc*ard ol Iruslees and authori lor issue on 30 January 2020, and are signed on behall ol Ihe board by.. MrHA Trustee Ilzsimons Th• notss on paggj 10 10 15 fom) part ol th•$• lfjnan¢lo1 stotefflents.
Regina Coeli Hostel Notes to the Financial Statements Year ended 31 March 2019 General Inforrnatlon The charity is a wblic benefil entity and a registered charity in Northern Ireland and Ss unincorporated. The address ol the Principal office is &10 Lake Glen Avenue, Anderson5town Road, 8elfa5t, 8T118FE. Stslemont of compllance These linancial slalements have teen prepared in compliance wlh FRS 102, 'The Financial Reporting Standard applicable in the UK and Ihe Republic ol Ireland,. ihe Sktemenl ol Recommended Practice awlicae to charities PTeparing their accounts in accordance with the Financial Reporting Standard a[Wice In the UK and Republic ol Ireland IFRS 1021 (Charitses SORP IFRS 10211 arKI the Charities Act (Northern l¥elandl 2008. Accountlng pollcle• 8a$ls of prepar•tlon The financial statements have been prepared on the hislorical cost basis, as modified by the revaluation ol certain financi assels and lialy.lits and inveslmenl properties measured al lair value through income or èxpenditure. The financial slalemenls are prepared in slerliry, wthich is Ihe lunclional currency ol Ihe 6nlily. Golng concern Regina Coeli Hostel Can only conbnue to op8rate due lo the continuing support ol Legion ol Mary, who have given assurances that the monies due to il will not be demanded lor the next NYO or Ihree years. Judgemonls and key Sources of e¥ilmatlon uncertalnty Thg preparation ol Ihe linancial statements requires management lo make judgements, eslimales and assijmpligns that allèct th8 amounts reported. These eslimales and judgements are continually reviewed and aro based on experience and other laclors, Including expectations ol luluro 9venls that are believed lo bg reasonthe und&r the circumstsnc68. Fund •ccountlng Unreslricled lurKls are aVaile lor use al lh8 discretion ol Ihe IrLtslo95 to further any ol Ihg haritys ptjrposgs. Oesignaled fuaS are unresiricled funds earrnarked by the trustees lor particular future project or commitment. Restricted funds are svbj8cted to reStr110nS on th9ir expendilure declared by the donor or through the terms ol an appeal. and lall into one ol tsvo sub-classes.. restricted income funds or endowment funds. 10
Regina Coeli Hostel Notes lo the Financlal Stalements fconiinu8dJ Year ended 31 March 2019 A¢countlng pollcles Incomlng resources All incoming resources are included in the slaiement ol linancial aclivilies when enlitlemenl has passed to the charity". il is probat4e that the economic benefits associaled wilh the Iransaclion will Ilow lo the Charity and the amount can be reliaL4y measured. The following SPilIC policles are applied lo parb¢ulaT categories ol iOrne.. incorne from donations or grants is recognised when there is ¢vider8 of enlillemgnt to the gift, receipt is probable and ils amounl can be measured reliably. legacy income is recognised when receipt is probatAe and enlillement is established. income Ifom donalod goods is measured at Ihe lair vue ol th9 goods unless this is impraclical lo measure reliably, in which case Ihg value Is derived from the cost to the donor or the estimated resJe value. Donated lacililies and services are recTrJnised in the accounts when rgceived il the value can be reliably measured. No amounts arg included lor the conlribulion ol general volunteers. income from ¢ontracls lor Ihe SLppty ol sermces is recognised with the delivery ol the contracted service. This is classified as unresiricied funds unless there is a contractual requiremenl lor il lo be spent on a Pa'CUlar purpose and returned Il unspent, in which case il may be regarded as restricted. Rgsourc•g exponded Expendilurg is recognised on an a¢¢rual$ basis as a lith'lity is iur1ed. Expendiiurg tludeS any VAT which cannol be lully recovered, and is classified under headings ol the statement ol linancial aclivilies to which Il relales.. expenditure on raising funds includes the costs ol all fundraising aclivilies, events, non- charitable trading aclivikn"es, and the se ol donaled gots45. expenditure on charitable aclivilies includes all costs incurred by a eharity in undertaking activilies that further its charitable aims lor ihe benelil ol its ben¢liciariès, including Ihose support costs and ¢o$t$ relating to the governance ol the charity apportioned lo charilablg activities. other eXndItUre irtludes an expenditure that is neilhef related lo raising lunds lor Ihg hanly noi part ol ils expenditure on charitable activities. All costs are allocated to gxpenth'bJre categories rg119cling the use of the resource. Oifecl costs attribulablg to a single aclivity are allocated directly lo Ihat actiwty. Shared costs are apportloned between the activities they conttibute lo on a reasonat4e. justilble and consislgnt basis. Flnanclal In$trumenl$ A linancial asset or a tinancial liability is recognised only vthen the charity becomes a party lo the conlracluJ provisions ol the instrument. Basic linancial instruments are initialty reccgnised al Ihe amouni receiva19 or payable including any related transaction Cosls. 11
Regina Coeli Hostel Notes lo the Flnancial Slalements fconiiftwd? Year ended 31 March 2019 A¢¢ountlng pollcles Flnanclal Instrument$ {¢OnlIn) Current assets and current liabilities are subsequently rneasured al th8 cash (y other consideration expecl8d to b¢ pwd or received and not discounted. Debt instruments are subsequenlly measured at amortised cost. Where investrnents in shares are pxjblicly traded or their lair value can olherwse be measured reliably. the investment is subsequently measurgd at lair value with changes in lair value recognised in income and expenditure. All olher such investments aré subsequently measured al Cost less impairmenL Other financial inslrumenls, including derivalives, are initially recoanised at fair value, unless payment lor an assèi is deleryed beyorKI normal business terms or linancgd al a rale ol interest that is nol a market rate, in which case the assel is Measured al the presenl valuo of the lulur8 payments dis¢ounl¢d at a market rate ol inleresl loi a similar debt inslrumenl. Other financial inslrumenls are subsèquently measurgd al fair value, with any change$ recognised in the slalemenl ol financial acliwlies, wlh Ihe exception ol hedging inslrumenls in a designated hedging relationship. FInanCi assets that are measured al cost or amortised cosl ar8 reviewed lor objective evidence ol impairmenl al the end ol each reporting dale. 11 Ihore 1$ objective ewdence ol impairmènl, an impairmenl loss is r¢cognised under the approprialg heading in the slalemenl ol financial activities in which the initial gain was recognised. For all equity inslrurnents rggardless ol signilicance, and other financial assets Ihal aT9 individually signilicanl, these arg assessed indiwdually lor impairmgnt. Oiher financial assets are eilhgr assessed indiwdually or groupgd on Ihe basis ol similar credil risk ¢haracterislics. Any reversals ol impaimenl are recognised immediately, to the exlenl thal Ihe reversal does not result in a carTng amount ol the financial ass¢1 Ihal exceeds al the carrying amount would have been had Ihg impairment not previously been rKognised. Deflned ¢onlrlbutlon plans ConlTibutions to defined contribulion plans are recognised as an expense in the perlod in whic Ihe Telaied service is prowded. Prepaid contfibutions are recognised as an assei lo the exlenl that the prepaent wll lead lo a redli¢)n in lutuTe payments or a cash refund. When contributions are not expected lo be settled wholly within 12 months ol the end ol the reporting date in which the employees render the related seNice, the liability is measured on a discounted present value basis. The unwnding ol the discount is rec¢>Jnised as an expense in the period in whh il anses. Donaiion$ and legacles Unrestricted Funds Reslricled Total Fund$ Fund5 2019 Donations Oonalions 9,265 3,0¢)0 12,265 12
Regina Coeli Hostel Notes to the Financial Statements iwilmu¢dJ Year ended 31 March 2019 Donallons and legacles {nI1u#) Unreslricled Funds Restricted Total Funds Funds 2018 Donatlons Donations 1.404 1.404 CharSlablo actlvltlgs Unrestricted Funds Reslricled Total Funds Funds 2019 Charitablè activities 125.489 265.783 391,272 Unrestricted Funds Reslricled Total Funds Funds 2018 Chariwble a¢livllies 129.384 279,772 409,1 $6 Oth9r trndlng aCilvltlo• Unlestrted Total Fund$ Unrestricted Total Funds Funds 2019 Funds 2018 Olher trading activities 36 36 99 99 Expendlturo on eharltable actlvltle• by lund typ• Unrestricled Funds Restricied Total Funds Funds 2019 Expendilurg on charita8 activities 141.969 316,595 458,S64 Unreslricled Funds R¢siricted Total Funds Funds 2018 Expgndilure on charitable activities 124,176 326,809 450,985 Expgndllur8 on charbtable actlvllles by acllvlty type Activitses undertaken Total funds directly 2019 Total fund 2018 Expenditure on charitable actiwties 458,564 458.564 450,985 13
Regina Coeli Hostel Notes to the Financlal Statemenls ic0fti1n) Year ended 31 March 2019 Staff costs The lolal slafl costs and employee ne111$ lor the reporting period are analyEed as fgllows.. 2019 2018 Wages and salaries Social security cosis Employer contributions lo pension Flans 264,769 12,351 2,567 263.603 11,931 1,296 276.830 279.687 The average head counl ol employees during Ihe year wa$ 21 12018." 211. No employee received employee tnefits of more than £60,000 during the year12018.' Nill. 10. Tru81•e remuneratlon and OX5& No Iruslees have been paid remuneration in the curT8nl or prior periods. 11. Debtors 2019 2018 Trade debtors Prepayments and aed income Other debtors 5,238 2,530 781 5,690 2,467 2,100 10,257 8,549 12. Credltors: •mount• falllng due wlthln on• yr 2019 2018 Trade ¢r8ditors Accruals and deferred Income Social security and other taxes Othei credilois 7.777 19.396 16,479 3,787 4,536 235,624 273,929 301,102 260,428 13. Penslons and other post rellremgnt bono1118 Deflned conlrlbutlon plans The amount recognis9d in income or expenditure as an expense in relation lo defined contribution plans was £2,56712018.. £1.2961. 14
Regina Coell Hostel Notes lo the Financlal Slalements {¢onllnurfd) Year ended 31 March 2019 14. Analysls ol charltable fund$ Unrestrlcled fund$ At 31 March 201 Al 1 April 2018 Income ExFenditur8 Unreslricled fund 2 131,160 134,790 1141,969} 123,981 Ro$trlctèd lunds At 31 M•r¢h 201 Al 1 April 2018 Income Exp9nditure Reslricted Fund I 1145.075 268.783 1316,5951 {192,8871 15. Analy¥l¥ of net assets bgtw•*n lunds Unreslricled Furhjs Restricted Tot•1 Fund• Total Funds Funds 2019 2D18 Current assots Creditors less than 1 year Ngl IIAbllltles 419.773 1295.7941 123,979 4.650 424,423 1197,535> 1493,3291 1192,8851 168.9061 246,511 1263,4261 116,9151 16. Relatod p•rtl•s Legion ol Mary conlinuo to support Regina Coeli Hostel Yth fundin9 to enable Ihgir Continuing operations. Al the year end, the amount payable to Legion ol Mary lotalled £273.929 12018.. t235,2991. 15