**REGISTERED COMPANY NUMBER: NI608913 (Northern Ireland) REGISTERED CHARITY NUMBER: 106814**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2022
for
Murlough House
ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Co. Down BT26 6AB
Murlough House
Contents of the Financial Statements for the Year Ended 30 September 2022
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6 to 7|
|Notes to the Financial Statements|8 to 15|
|Detailed Statement of Financial Activities|16 to 17|
Murlough House
## Report of the Trustees for the Year Ended 30 September 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
Our primary objective is the advancement of religion, specifically the Christian Faith, and as such are aims are:
1. An improved sense of wellbeing and the spiritual, moral and intellectual development for those attending the organised activities at Murlough House, as they enjoy fellowship with others and receive teaching from the Bible.
2. The promotion of Christian values for the benefit of individuals, with those using the various facilities available at Murlough House encouraged to adopt a moral framework where they are good citizens.
Murlough House as a charity offers facilities for private retreat, respite, group retreat, and conference facilities to church and para-church groups and individuals in sympathy with our Christian ethos.
## **Significant activities**
Our activities have been severely hampered during this year due to continued Covid closure with us being closed for prolonged periods again. Since we have had no income we have been severely stretched financially. Had it not been for the Furlough scheme we would have had to lay off all staff. That being said we have lost all our occasions staff as the could not be Furloughed. This means that if and when we are permitted to reopen we will first have to build a new staff team.
We have managed to build a garden sanctuary were guests can retreat away from others in the house for solitude. We have also created a garden quiet room in another area in the garden. Experience to date has shown us that with increased numbers of day visitors we need to provide secluded spaces throughout the garden for people to be alone with God.
We hope both these spaces will be used as places for prayer, quiet contemplation and christian meditation on the Bible. In time we hope this may lead to a more structured daily devotion time for those on retreat to attend, if desired. This will be a short time of prayer and praise of a liturgical nature to ensure there is a direct spiritual growth aspect to every day.
We have also created a new BBQ area with a permanent structure in place, allowing for several events to be on the premises at the same time. Along side this we have a new external toilets and shower facility for the use of those at both the BBQ and the Coffee shop.
## **Public benefit**
The public benefit is hard to measure when a facility is closed, however we had received a large number of bookings from next April onward, because the word has spread that this is ‘a place apart’ where people can stop and consider the path their lives are taking. It is a place where they can be refreshed, and following lockdown and the impact this has had on mental wellbeing, the demand for our services is set to increase dramatically
Page 1
Murlough House
## Report of the Trustees
for the Year Ended 30 September 2022
## **OBJECTIVES AND ACTIVITIES**
## **Volunteers**
Sadly during the year we lost those who volunteered due to lockdown.
## **ACHIEVEMENT AND PERFORMANCE**
## **Fundraising activities**
The majority of the funds required to maintain our charitable activity comes from our trading position and this has all but dried up, therefore we have had to make approaches to charitable trusts to keep us afloat. We do not fund raise as to do so would be inappropriate
## **FINANCIAL REVIEW**
## **Financial position**
Due to the COVID19 pandemic there has been a significant reduction in income during the financial year but the cost of maintaining the utilities and services has remained.
## **FUTURE PLANS**
Our plans for the future are to see the house open again and to welcome back groups and individuals who have been before as well as expanding our customer base. Growth is most likely to come from our weekday business as more individuals come for a day and or overnight retreat. We have almost reached our weekend capacity, but with groups being smaller year on year we need the weekday business to remain a viable concern.
The reality is that smaller groups tend to be more effective in achieving our goals however it reduces are income and this is a difficult balance to maintain.
We also plan to open our coffee shop on an appointment only basis, so that we can control numbers and maintain the tranquilly of the site while making it available to more people.
Funds permitting we would also want to create intern accommodation. We get a number of visitors wanting to come back to help with the work of Murlough House having personally benefitted from it. As the workload grows so the burden on the charity grows to pay salaries. Having people coming to volunteer and help for several months at a time increases consistency of service and reliability of help.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
NI608913 (Northern Ireland)
## **Registered Charity number**
106814
## **Registered office**
7 Robin Hill Dundrum Newcastle Down BT33 ONU
Page 2
Murlough House
## Report of the Trustees
for the Year Ended 30 September 2022
## **Trustees**
During the year we had appointed 3 new trustees, each of whom bring new talents and skills and all of whom have a wealth of professional and life experience to share with us.
## **Company Secretary**
D Preston
## **Independent Examiner**
ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Co. Down BT26 6AB
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. JKH Forbes - Trustee
Page 3
## Independent Examiner's Report to the Trustees of Murlough House
I report on the accounts of the company for the year ended 30 September 2022, which are set out on pages five to fifteen.
## **Respective responsibilities of charity trustees and examiner**
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under Section 65 of the Charities Act
- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act
- state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
ASC Wylie FCA ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Co. Down BT26 6AB
Date: .............................................
Page 4
## Murlough House
|Statement of Financial Activities
for the Year Ended 30 September 2022
2022
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
25,808
**Charitable activities**
Support costs
-
Other trading activities
2
88,197
Investment income
3
-
Other income
160
**Total**
114,165
**EXPENDITURE ON**
Cost of generating voluntary income
15,218
**Charitable activities**
Support costs
91,392
Governance costs
14,520
**Total**
121,130
**NET INCOME/(EXPENDITURE)**
(6,965)
**Transfers between funds**
12
-
**Net movement in funds**
(6,965)
**RECONCILIATION OF FUNDS**
Total funds brought forward
153,874
**TOTAL FUNDS CARRIED FORWARD**
146,909|2021
Total
funds
£
37,100
17,894
29,209
7
-
84,210
2,935
75,689
19,112
97,736
(13,526)
19,856
6,330
147,544
153,874|
|---|---|
The notes form part of these financial statements
Page 5
Murlough House
## Balance Sheet
## 30 September 2022
|2022
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
9
114,954
**CURRENT ASSETS**
Debtors
10
4,688
Cash at bank and in hand
28,201
32,889
**CREDITORS**
Amounts falling due within one year
11
(934)
**NET CURRENT ASSETS**
31,955
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
146,909
**NET ASSETS**
146,909
**FUNDS**
12
Unrestricted funds:
General fund
146,909
**TOTAL FUNDS**
146,909|2021
Total
funds
£
131,069
225
23,412
23,637
(832)
22,805
153,874
153,874
153,874
153,874|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
Murlough House
## Balance Sheet - continued
## 30 September 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. JKH Forbes - Trustee
The notes form part of these financial statements
Page 7
Murlough House
Notes to the Financial Statements for the Year Ended 30 September 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows;
- the requirement of paragraph 3.17(d);
- the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
- the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;
- the requirement of paragraph 33.7.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost Plant and machinery - 20% on cost Fixtures and fittings - 20% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
Page 8
Murlough House
Notes to the Financial Statements - continued for the Year Ended 30 September 2022
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. OTHER TRADING ACTIVITIES**
|2022
£
Fee income
3,914
Retreat income
82,875
Conference income
1,408
Other Income
-
88,197
**INVESTMENT INCOME**
2022
£
Deposit account interest
-
**SUPPORT COSTS**
Governance
Management
costs
£
£
Support costs
90,422
655
Governance costs
12,275
2,245
102,697
2,900|2021
£
18,780
10,048
-
381
29,209
2021
£
7
Totals
£
91,077
14,520
105,597|
|---|---|
## **3.**
## **4. SUPPORT COSTS**
continued...
Page 9
Murlough House
## Notes to the Financial Statements - continued for the Year Ended 30 September 2022
## **4. SUPPORT COSTS - continued**
Support costs, included in the above, are as follows:
## **Management**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|2022|2021|
|Support|Governance|Total|Total|
|costs|costs|activities|activities|
|£|£|£|£|
|-|
|Wages|40,054|40,054|41,764|
|Pensions|529|-|529|1,024|
|Rent, rates, water|330|-|330|2,523|
|Insurance|5,993|-|5,993|5,765|
|-|
|Light and heat|15,060|15,060|5,695|
|-|
|Phone, internet & website|1,621|1,621|1,481|
|Post, stationery & office|699|-|699|170|
|Advertising|504|-|504|1,358|
|Sundries|819|-|819|911|
|Motor & travel|4,241|-|4,241|25|
|Depreciation of tangible and heritage|
|assets|-|12,275|12,275|15,626|
|-|
|Repairs & maintenance|20,572|20,572|15,748|
|90,422|12,275|102,697|92,090|
|Governance costs|
|2022|2021|
|Support|Governance|Total|Total|
|costs|costs|activities|activities|
|£|£|£|£|
|Legal & professional|655|-|655|-|
|-|
|Accountancy|2,245|2,245|2,711|
|655|2,245|2,900|2,711|
**----- End of picture text -----**
## **5. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
**----- Start of picture text -----**
||||
|---|---|---|
|2022|2021|
|£|£|
|Depreciation - owned assets|12,275|15,624|
|-|
|Surplus on disposal of fixed assets|(160)|
**----- End of picture text -----**
continued...
Page 10
Murlough House
Notes to the Financial Statements - continued for the Year Ended 30 September 2022
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 September 2022 nor for the year ended 30 September 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 September 2022 nor for the year ended 30 September 2021.
## **7. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||2022|2021|
|---|---|---|
|Administration|6|5|
|No employees received emoluments in excess of £60,000.|||
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**||
|**INCOME AND ENDOWMENTS FROM**||Unrestricte
fund
£|
|Donations and legacies||37,100|
|**Charitable activities**|||
|Support costs||17,894|
|Other trading activities||29,209|
|Investment income||7|
|**Total**||84,210|
|**EXPENDITURE ON**|||
|Cost of generating voluntary income||2,935|
|**Charitable activities**|||
|Support costs||75,689|
|Governance costs||19,112|
|**Total**||97,736|
|**NET INCOME/(EXPENDITURE)**||(13,526)|
|**Transfers between funds**||19,856|
|**Net movement in funds**||6,330|
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 11
Murlough House
Notes to the Financial Statements - continued for the Year Ended 30 September 2022
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED**
**FORWARD**
**9.**
**TANGIBLE FIXED ASSETS**
Improvements
to
Plant and
property
machinery
£
£
**COST**
At 1 October 2021
90,218
66,087
Disposals
-
-
At 30 September 2022
90,218
66,087
**DEPRECIATION**
At 1 October 2021
10,826
36,033
Charge for year
2,707
6,011
Eliminated on disposal
-
-
At 30 September 2022
13,533
42,044
**NET BOOK VALUE**
At 30 September 2022
76,685
24,043
At 30 September 2021
79,392
30,054
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors|Fixtures
and
fittings
£
40,883
(7,500)
33,383
19,260
3,557
(3,660)
19,157
14,226
21,623
2022
£
4,688|Unrestricte
fund
£
147,544
153,874
Totals
£
197,188
(7,500)
189,688
66,119
12,275
(3,660)
74,734
114,954
131,069
2021
£
225|
|---|---|---|
continued...
Page 12
Murlough House
## Notes to the Financial Statements - continued for the Year Ended 30 September 2022
|**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals and deferred income
**12.**
**MOVEMENT IN FUNDS**
At
1/10/21
£
**Unrestricted funds**
General fund
153,874
**TOTAL FUNDS**
153,874
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
114,165
**TOTAL FUNDS**
114,165
**Comparatives for movement in funds**
Net
At
movement
1/10/20
in funds
£
£
**Unrestricted funds**
General fund
147,544
(13,526)
**TOTAL FUNDS**
147,544
(13,526)|2022
2021
£
£
934
832
Net
movement
At
in funds
30/9/22
£
£
(6,965)
146,909
(6,965)
146,909
Resources
Movement
expended
in funds
£
£
(121,130)
(6,965)
(121,130)
(6,965)
Transfers
between
At
funds
30/9/21
£
£
19,856
153,874
19,856
153,874|
|---|---|
continued...
Page 13
Murlough House
## Notes to the Financial Statements - continued for the Year Ended 30 September 2022
## **12. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|84,210|(97,736)|(13,526)|
|**TOTAL FUNDS**|84,210|(97,736)|(13,526)|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|**Unrestricted funds**|Net
At
movement
1/10/20
in funds
£
£|Transfers
between
funds
£|At
30/9/22
£|
|General fund|147,544
(20,491)|19,856|146,909|
|**TOTAL FUNDS**|147,544
(20,491)|19,856|146,909|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
198,375
198,375|Resources
Movement
expended
in funds
£
£
(218,866)
(20,491)
(218,866)
(20,491)|
|---|---|---|
continued...
Page 14
Murlough House
Notes to the Financial Statements - continued for the Year Ended 30 September 2022
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 September 2022.
## **14. GRANTS RECEIVED**
During the financial year the Charity received Government Grants from the Corona Virus Job Retention Scheme totalling £17,894 and this was treated as revenue income.
Page 15
Murlough House
|Detailed Statement of Financial Activities
for the Year Ended 30 September 2022
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Fee income
Retreat income
Conference income
Other Income
**Investment income**
Deposit account interest
**Charitable activities**
Grants
**Other income**
Gain on sale of tangible fixed assets
**Total incoming resources**
**EXPENDITURE**
**Cost of generating voluntary income**
Bank interest
**Other trading activities**
Consumables and provisions
**Charitable activities**
Donations
**Support costs**
**Management**
Wages
Pensions
Rent, rates, water
Insurance
Light and heat
Carried forward|2022
£
25,808
3,914
82,875
1,408
-
88,197
-
-
160
114,165
2,660
12,558
315
40,054
529
330
5,993
15,060
61,966|2021
£
37,100
18,780
10,048
-
381
29,209
7
17,894
-
84,210
84
2,851
-
41,764
1,024
2,523
5,765
5,695
56,771|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16
Murlough House
Detailed Statement of Financial Activities for the Year Ended 30 September 2022
|**Management**
Brought forward
Phone, internet & website
Post, stationery & office
Advertising
Sundries
Motor & travel
Improvements to property
Plant and machinery
Fixtures and fittings
Repairs & maintenance
**Governance costs**
Legal & professional
Accountancy
Total resources expended
**Net expenditure**|2022
£
61,966
1,621
699
504
819
4,241
2,707
6,011
3,557
20,572
102,697
655
2,245
2,900
121,130
(6,965)|2021
£
56,771
1,481
170
1,358
911
25
2,707
7,513
5,406
15,748
92,090
-
2,711
2,711
97,736
(13,526)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 17