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 re￿rt 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 (Conrtln￿d1
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 owr￿d 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 pro￿1 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 l￿debted 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 keYV￿rker 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 del￿11 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 Mu￿al 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 fina￿la1 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 Mem￿1$ 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 A￿epted 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 kno￿edge 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 ex￿anal10nS 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 l￿￿1d0te 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. Reasonat￿9 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 ex￿ted 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 th￿0 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 awlica￿e to charities PTeparing their accounts in accordance with the
Financial Reporting Standard a[Wic￿e 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.lit￿s 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 aVail￿e lor use al lh8 discretion ol Ihe IrLtslo95 to further any ol Ihg
haritys ptjrposgs.
Oesignaled fu￿aS are unresiricled funds earrnarked by the trustees lor particular future project or
commitment.
Restricted funds are svbj8cted to reStr￿110nS 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 SP￿ilIC policles are
applied lo parb¢ulaT categories ol i￿Orne..
incorne from donations or grants is recognised when there is ¢vider￿8 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 v￿ue 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 i￿ur1ed. Expendiiurg t￿ludeS 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 s￿e 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 eX￿ndItUre 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. justil￿ble 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 receiva1￿9 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 carT￿ng 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 prepa￿￿ent wll lead lo a red￿li¢)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 wh￿h 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 {￿nI1￿u￿#)
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 $6
Oth9r trndlng aCilvltlo•
Unlestr￿ted Total Fund$ 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 charita￿8 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 t*nefits of more than £60,000 during the year12018.' Nill.
10. Tru81•e remuneratlon and OX￿￿5&*
No Iruslees have been paid remuneration in the curT8nl or prior periods.
11. Debtors
2019
2018
Trade debtors
Prepayments and a￿￿ed 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• y￿r
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 Y￿th fundin9 to enable Ihgir Continuing
operations. Al the year end, the amount payable to Legion ol Mary lotalled £273.929 12018..
t235,2991.
15