Company registered number: N1639807 Charity registered number: NIC106825 NEW LIFE COMMUNITY COUNSELLING LTD (Prl¥ate company Ilmlted by luarantee wlthout share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 •ADIU6SK)* 2610412024 COMPANIES HOUSE A14
237
Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
NEW LIFE COMMUNITY COUNSELLING LTD CONTENTS PAGE Reference and administrative detalls of the charity, trustees and advisers Annual Report of the Trustees Independent Examiner Report Statement of Financial Activities Balance Sheet Notes to the Financial Statement5 9-14
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guar3ntee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 Trustees. Annual Report (Incorporating the Director's Report) STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 26 July 2016 and registered with the Charity Commission for Northern Ireland on 210ecember 2017. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1639807 Registered Charity number NIC106825 Reglstered office Ila Waterloo Place Londonderry Northern Ireland BT48 6BU CHAIRPERSON Linda M. Cowan TRUSTEES Linda M. Cowan Brian Kerr Raymon D. Cowan Tracie Kerr Nigel Craig INDEPENDENT EXAMINER Tony Clarke 53 Ander50ritown Road Belfast BTII 9AG
NEW LIFE COMMUNITY COUNSELLING LTD (Prlvate company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 Trustees. Annual Report Ilncorporating the Dlrector's Report) The Trustees present their annual report together with the financial statements of the company for the 01 August 2022 to 31 July 2023. The financial statements have been prepared in accordance with the accounting policies set out in not I to the financial statements and comply with the company's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practices applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" {as amended for accounting periods commencing from l January 20161 Structure, Governance and Trustees New Life Community Counselling which Is registered as a charity with the Charity Commission for Northern Ireland, was incorporated as a company limited by guarantee in Northern Ireland, registration number N1639807, with the objective of undertaking charitable activitie5 for the benefit of the inhabitants of Northern Ireland. Objectlves and Actlvltles Promote and protect the mental health of the public, in particular those living in the North West of Northern Ireland and the surrounding area through the provision of counselling and support for people in need. Provide support and assistance to those who are suffering from emotional and personal issues, helping them find a way through their difficulties. and Provide a safe and welcoming confidential environment for the provision of these services. The trustees have taken into consideration the Charity Commission's instructions on public welfare while making decisions. Achievements and Performance One of our foremost accomplishments has been enabling clients to acce55 therapy services during economically challenging times, particularly in Derry/Londonderry, an area marked by economic deprivation. By offering free seniices to the most vulnerable segments of the community, our charity has provided critical support that has been greatly valued and needed. Furthermore, we have successfully maintained minimal waiting time5, ensuring that individua15 receive timely a5515tance when needed. Thi5 achievement has been made possible through robust and effective fundraising efforts, which have bolstered our capacity to Serve promptly and efficiently. These initiatives reflect our commitment to immediate and impactful support for those facing mental health challenges.
NEW LIFE COfvIMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 Trustees, Annual Report (Incorporating the Director's Report) Impacts and Benefits Many of our clients have experienced transformative changes due to our therapeutic services. They have shifted away from unhealthy coping mechanisms, such as substance abuse and addiction, and embraced healthier alternatives that they learned through therapv. We have observed that therapy not only significantly improves the lives of our clients but also positively affects their families. This demonstrates a ripple effect. by aldlng one indlvidual, we indirectly impact numerous others, spreading benefits throughout the community. This confirms the far-reaching influence of our sUPPOrt and underscores the profound communal benefits of mental health interventions. Going Concern After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the 80ing concern basls can be found in the Accounting Policies. Financial Review The results for the year ended 31 July 2023 are set out on pages 7 and 8 of the financial statements. The total income for the year ended 31 July 2023 amounted to £12,148 {2022:£12,932), The total expenditure was £10,847 {2022:£10,783) The Trustees consider that the unrestricted funds of the charity is sufficient and adequate to fulfil their obligations. The charity held £5,627 in reserves at the year end120226,531). Reserves Policy The income of the Company is considered adequate and the risks associated with any significant reduction in income Is regarded as unlikely. The Trustees are satisfied with the current level of reserves at the present time. The Trustees are reviewing the Reserves Policy in the current year.
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 Trustees. Annual Report (Incorporating the Director's Report) Trustees. responsibilities statement The Trustees (who are also directors of New Life Community Counselling for the purposes of company law) are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standard {United Kingdorn Generally Accepted Accounting Practice} Company law requires the trustees to prepare financial statements for each financial year. Under 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 charitable company and of the Income resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing these financial statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP; Make judgments and accounting estimates that are reasonable and prudent. Prepare the financial statements on the going concern basis unle55 It 15 inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting record5 that are sufficient to show and explain the charitable company's transaction and disclose with reasonable accuracy at anv time the financial position of the charitable company and the enable them to ensure that the financial statements comply with the Companies Act 2016. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. New Life Community Counselling is a company limited by guarantee by its Memorandum and Articles of Association. Each members liability is limited to an amount not exceedin8 £1. This report was approved by the Trustees, on 24/04/2024 and signed on behalf by: Linda M. Cowan Trustee
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW LIFE COMMUNITY COUNSELLING LTD. I report on the financial statements of the company for the year ended 31 July 2023 which are set out on pages 7 and 8. This report is made solely to the company's Trustees, as a body in accordance with section 65(3lla} of the Charities Act Northern Ireland 2008 and regulations made under section 66 of the Act. My work has been undertaken so that I might state to the company's Trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustee5 as a body, for my work of this report. Respective responsibilities of trustees and examiner As the company's Trustees land also the directors of the company for the purpose of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the company 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 Commission under section 65{9){b> of the Charities Act state whether particular matters have come to my attention. Basis of Independent Examlner'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. My examination included a review of the accounting records kept by the charity and a comparison of the account5 presented with those records. It was also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Independent examinerfs statement My role is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached.
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW LIFE COMMUNITY COUNSELLING LTD (continued) 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. Date: 53 Andersonstown Road Belfast BTII 9AG
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT Year to 31-Jul-23 TOTAL Year to 31-Jul-22 TOTAL Unrestrirted Restrirted Funds Funds Note Income from: Donations and Legacies Charitable Activities 3,948 3,948 8,200 4,032 8,900 8,200 Total Income 3,948 8,200 12.148 12,932 Expenditure on: Charitable Activities 4.852 5,995 10,847 10,783 Total Expendlture: 4,852 5,995 10,847 10.783 Net income/(expenditure) {9041 2,205 1.301 2, 149 Transfers between funds Net movement In funds (9041 2,205 1,301 2,149 Reconciliation of funds Total funds brought forward 6,531 6,531 4,382 Total funds carried forward 5,627 2,205 7,832 6,531 The statement of financial activities includes all gains and losses recognised in the year. All incoming resource5 and resources expended derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on page 9 to 14 form and integral part of these accounts
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 BALANCE SHEET As at 31 July 2023 2023 2022 Note Flxed Assets Tangible Assets Current Assets Debtors Cash at bank 8,792 8,792 7,011 7,011 Liabllltles Creditors: Im¢*unts falllni due wlihkn on¢ year {960) (4801 Net Current Assets 7,832 6,531 Net assets 7,832 6,531 Funds Restricted Unrestricted 11 11 2,205 5,627 6,531 TOTAL FUNDS 11 7,832 6,531 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006. for the year ended 31 July 2023. The trustees acknowledge their responsibilities for ensuring that the charlty keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the f inancial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 companv. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the board directors on 2410412024 and were signed on their behalf by: Linda M. Cowan Director The notes on page 9 to 14 form and integral part of these accounts
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 NOTES TO THE ACCOUNTS l Accounting policies Charlty Information New Life Community Counselling Ltd is a private company limited by guarantee incorporated in Northern Ireland. The registered office is: Ila Waterloo Place, Londonderry, Belfast, Northern Ireland. BT48 68U. 1.1 Accounting convention The accounts have been prepared in accordance with the charity's governing document, the CompanSes Act 2006 and "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 IFRS 102) {as amended for accounting periods commencing from l January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to Include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. 1.4 Incoming resources Income 15 recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 NOTES TO THE ACCOUNTS (continued) 1.4 Incoming resources (continued) Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes. 1.5 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committin8 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 measure reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the categorv. The charity is below the charity audit threshold and therefore is exempt from reporting expenditure on an activity basis. The charity has opted to report by the nature of expenditure rather than on an activity basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Motor Vehicles 25Yo Straight line 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to contractual provisions of the instrument. Financial a55ets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously 10
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 NOTES TO THE ACCOUNTS (continued) 1.9 Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost Using the effectlve interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 1.10 Basic financlal Ilabllities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, Financial liabilities classified as payable within one year are not amortlsed. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acqulred in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 1.11 Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.12 Employee benefits The cost of any unused holiday entitlement Is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.13 Critical accounting estimates and judgements In the application of the charity'5 accounting policie5, the trustees are required to make Judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 11
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 NOTES TO THE ACCOUNTS (continued) 2 Income from Donations and Le acies 2023 2022 Unrestricted Funds Restricted Funds TOTAL TOTAL Sales & Donations Totals 2023 3,948 3,948 3,948 3.948 4,032 4,032 3,948 Totals 2022 4,032 4,032 3 Income from Charitable Activiti¢ 2023 2022 Unrestrlcted Funds Restrirted Funds TOTAL TOTAL Comm. Foundation Grant The Foyle Foundation John Moores Found. Grant Marsh The Benefart Trust Totals 2023 4,000 2,000 2,500 400 500 7,700 8,200 500 7,700 8,200 8,900 Totals 2022 8,900 8,900 4 Staff Costs and Numbers 2023 2022 Gross Wages and Salaries No employee received emoluments of more than £60,000 (2022: None) The average monthly number of employees during the year, calculated on the basis of full time equivalents, was as follows: 2023 Number 2022 Number 12
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 NOTES TO THE ACCOUNTS {continued) 2023 2022 Unrestricted Funds Restrirted Funds 5 Pa ments on charitable activities TOTAL TOTAL Bank fees Electricity Insurance Rent Covid 19 costs Accountancy Sessional & Other Costs Telephone Off ice Costs Total 2023 165 378 482 2,100 165 378 482 2.600 153.34 391 644 2,600 2,278 480 4,236 500 480 1,028 38 180 4,852 480 6,523 38 180 10,847 5,495 5,995 10,783 Total 2022 1,883 8,900 10,783 6 Trustees remuneratlon & expenses During the year, no Trustees received any remuneration (2022 - £NILI. During the year, no Trustees received any benefits in kind {2022 - £NIL). During the year, no Trustees received an 7 Debtors 2023 2022 Grants Receivable 8 Creditors: amounts fallin due within one ear 2023 2022 Accruals & Deferred Income Other Creditors 960 960 480 480 9 Inde endent examlner's remuneration The independent Examiner's remuneration amounts to an Independent Examination fee of £480 (2022 - £480} 10 Related art transactions There were no related party transactions during the year. 13
NEW LIFE COMMUNITY COUNSELLING LTD (Private company limited by gLtarantee without share capital) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 NOTES TO TH E ACCOUNTS (continued) 11 Statement of funds - current ear Balance at l August 2022 Balance at 31 July 2023 Income Expense Transfer in/out Restricted funds The Benefact Trust Marsh Charitable Trust Totsi restrlcted funds 7,700 500 8,200 (5,495} (soo) (5,99S) 2,205 2,205 Unrestricted funds General funds Total Unrestricted funds 6,531 6,531 3,948 3,948 {4,8521 (4,852) 5,628 5,628 Total of funds - current year 6,532 12,148 {10,847) 7,833 12 Statement of fund - rlor ear Balance at l August 2021 Income Expenditure Transfer In/out Balance at 31 July 2022 Total restricted funds Total unrestricted funds Total of funds- prior year 8,900 4,032 12,932 {8,900) (1,883) (10,783) 4,382 4,382 6,531 6,531 14