Company registration numbcr= N1030137 Charity regislTalion number.. NIC106888 Causeway and Mid Ulster Women's Aid (A company limil¢d by guarantee) Annual Report and Financial Ststemenls for Ihe Y¢ar Ended 31 March 2023 M.B. McGrady & Co Cljarlcrcd Ac¢ounlanls & Regisiered Audilor Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Anlri BT9 6GH
Causeway Y4nd Mid Ulster Won)en's Aid Contents Rcfcrcnce and Adminislraiive Delails Trnstees, Report 2to7 Strategic Report Stat¢inenl ot'Trustee5' Rcsponsibiliiics Independent Auditors, Rcporl 9t0 13 Siaietncnt of Financial Activitics 14to IS Balance Sheet 16 Statement of Cash Flows 17 Nates lo the Financial Statements 18to31
Causeway and Mid Ulster Women's Aid Reference 2nd Administrative Details Chlel. E%ecutlve Officer Sharon Burnctt Trustees LesleyAnn Marrioti Margarei Bryson Gillian Clifford Sharon Kirk Isob¢113 Danicllc Mallon Ursula Marshall Alice Inn Marie BTiege Quinn S¢crctary LesleyAnn maion Prlnclpal Offlce Gortalowry House 94 Church Sirc¢t Cvokslown Cv. Tyrone BT80 8HX The charity is ineotporatcd in Northcrn Ireland. N1030137 Company Registrallon Number Charliy Regl$¢rallon Number NIC106888 (reLliStered Charity name: Mid-ulsier Women's Aid) Soli¢ltors Toal & Hcron Solicilors 10 Loy Strccl Cookstown Co. T)Tone BT80 8PE Bankers Ulst¢r Bunk 20 Williarn Street Cookslown Co. Tyrone BT80 8ND Audltor M.B. McGrady & Co Chartercd Accounlanls & Rcgi51crcd Auditor Suite 2B C&do¥an House 322 Lisburn Road Belfast Co. Antrim BT9 6GH Page I
Causeway and Mid Ulster Women's Aid Trustees, Report Strategic Report for the Year Ended 31 March 2023 Tlie Iivstees. who are directors for the purposes of company law. present their slratcgic rcport for the year ended 31 March 2023, in coinpliance wilh s414C of ihe Compaiiics ALI 2006. Flnanclal review Incomc iii the year was £1,676,617 and expendiiiire tol8lled £1,627,408 giving a surplus of £49,209. Tulal funds held al 31 st March 2023 were Ll.270.989. £424.913 of thc lolal fvnds are rcstricied at)d arc not available for the general purposc5 of the charity ai Ihe end of thc reporting period. Unrcsiricled and designated reserves loialled £846.076 at the ¢10se of Ilie period. Poli¢y on reser It is the Charity's policy lo mainlain unreslricicd rcserves equal to 6 niontlis running cost5. In 2023, that value is £813,704. The unreslricted and dcsignaled reserves total £846.076 for 2023 which is equivalcnt lo ju$1 over 6 month5 wnning ¢osls. Priii¢'ipalfuxdihR sourcés Aside frurti don411ions froin private individuals and local busincsses. Ihe prin¢iple fut)ding sources for Ihe charily are from granl moking bodies and contract incume frorn NHSCT and YIHE Suppoi'ling Peopl¢. Th¢ charity recognize5 Ihe increased necessity lo work in partnership and collaboraiion with oiher agencies to secure future ruiiding. All fiinds received arc detailed within this report. Priiicipal risks aiid iiiicerlaliilies Thei'e is no inbuilt aulonialic increase lo our recurring funding froni NIHE & NHSCT. To manage risk we i'egularly review costs. idenlify most cosl cffeclive Ineans to manage running ¢05ts and ihrough our nierger pru¢e.8ses have bccn able lo ensur¢ organi5alional wide conlracls whicl) rcprcscnl savings. In order lo cnsurc Iliat wc do not have a single sourcc of funding which will iTi¢fe4se ihe risk of our ability to susluiii our orgaiiisations work we seek and liave seciired other sources of funding lo allow Ihe introduclioi) of necessary service% and related cos15. As part OA. our ongoiiig organisallvnal Lhange r¢slNcturiiig of our munagerneni functions IS planned for 2024. Goiiig coiicep The trustees belicvc thul Ihc charity will conlinuc as a going concern. Fundcrs llavc shown themselves to bc supportiv¢, flexiblc and adaptive 10 ihe currcnl situalion which is an invaluable help to the women's aid ommunity. Tl)e organisalion conlinues io work in paflnership with government bodie5 and agencies in ternis of devcloping a longer Lerni strategy to supporl victims of domesiic violcn¢¢. Plans for futurc perlods Activilie.f planiied io achieve aini. Organisational change linkcd to service dclivcry improv¢menl are the two main areas of focus for us. Ensuring Ihc n¢c¢ssdiy slatT resour¢¢s lo m¢¢l current and changiii¥ demand for services will bc addressed thi'ough our implcmcntalion of organisalional rcview recommcndations. With the expcctalion that community-based children's services may bc lost wiihin 2023-24 thc nccd lo introduce a service ihat can rcspottd lo the needs of liildren and young. people is vital. The development of additional a¢cvmmodaiion units has progressed and will b¢ a priority g()ing forwd. Page 2
Causeway and Mid Ulster Women's Aid Trustees, Report Thc Irtist¢cs. who are directors for th¢ purposcs of company law, prcscnt ihe annual r¢port log¢iher with lh¢ rin&ncial slaleincnts of Ihc charitabl¢ company for Ihe year ended 31 March 2023. Acliievements and Performance 2022-23 saw the welcome reducTion and removal of pandemic related reslriction8. Within the reportin¥ pei'iod wc havc cnsurcd successful dclivcry of both acconimodalion and supporl scrviccs across tlie Causeway and Mid-ulster arca. Our commuTrity-based services Continued to respond lo high Icvcls of dcmand and provided support lo I 100 womcn. Our rcfugcs accommodaied 88 women and 65 children. Within this pcriod both of our Floating Support Services coiiipleted lh¢ Qualily Managcmcnt Tool validation pro¢ess and su¢¢essfully cvidcnccd quality scrvic¢ pyovision. Our delivery of relationship programn)es for secundary SLhool age children has been build upon in tliis year with uptake from both schools who have availed of the programmcs before and rtew s¢hools. This pai'ln¢r8hip working siipporred by PCSP'S is a key respoiisc lo our work in pr¢vcnlion of abuse. Building on thc p¢rsonal dcv¢lopm¢nl cor¢ of our Starfish projecl we enlered into collaboration with Quecns University Social Work Dcpartmenl io SUPPOrt women io beconi¢ Cilizcn Educators who will bc iiivr)Ivcd in Ihc Irainii)g of fulure social workers. This is a prime example of our services being designed by, for and wilh women who hdve lived cxperience uf dome51iL abuse. Our plans to develop additional accommodation in the Mid-ulster area liave progressed with the successful omplction of our firsi busincs5 casc. This development has beuome murc importani lo us as wc see inci'cascd duration of stay for women and children in our refuges duc lo a rn0 difficult housing envii'onmenl. We liave Loinpleled Jn organis21ional rcvicw wiihin this year lo hclp idenlify improvemenls lo suviL¢s and their Ongoing sustainability. It is expected that ihc rccommcndalions from Ihis piocess which involved staff and service users will be implemented in the next reporting period. Thi% will include new measures lo iniprove service user feedback. Durii)g Ilie year, Ilie charity rccetved a donaiion of £22,CM)O from tlie estaie of Ihe late Siuarc Marriot. Tlie churily is cxlremlly gr(Iteful for this donation. Page 3
Cyduseway and Mid Ulster Women's Aid Trustees, Report Objectives CtiVItIeS ObjÈct¥ aiid aims The Objects of (he Charity for ihe benefit of the public are= To relieve dislr&ss, suffcrinu by thc provision of safe temporary accommodation for women and their children, young peoplc and vulnLrablL aduli dependcnls who are, may bc, or have been, experiencing doinestic, sexual or gender bascd violcnc¢ or abusc.. To relieve distress. suffering experienced by women and Iheir children, young people and vulnerable adult dcpendents by providing andlor promoting a raiigc of support serviccs such as infornia¢ion, advice centr¢s, confidential s¢rvi¢¢s. counselling. outreach. courl 5UPPOrt, training and advocacy; To reli¢vc Ihosc in nccd by Ihc provision of infornialion and advic¢ for ¢hos¢ aff¢ot¢d by domesti¢. sexual oi. gender based violence or abuse and referral to relevant support agencies: To advance education on violence a¥ain51 womcn and girls. includin8 ttzfficking and exploi(aiion, and its effects, and to relieve Il)ose iii need by promoting ils prevenlion And ihe protecliot) of Iliosc affected. To advance cducation on domeslic, sexual &nd gcndcr based violence and abuse 8nd their effects. and lo advocate for and to relieve those iii need by promoiing tlieir prevention and Ihe protection of those affecied. To advance women's artd ¢hildr¢n's human righis lind gender equality lo relieve the suffei'ing and distres.8 c&uscd by violcncc cmanaiing from ihc violation, impaimicnt or nullificaiiDI) ofenjoyment of their human rights dnd Iiindamenlal Ireedoms: The prnniolion of such oiher charitable purposes as may from limc lo time be delemiincd in accordance with Noi'ihcrii Irrlaiid Lharily Idw. Key Sivrtfesilc Thenie¥foY 2Q22-23 F.nsure local aiid regional improvemeiit$ to Ihe dclivery of services to wonien aiid children who experience domestic violcncc Increase understanding of the levels and impact of domestic violence • Increase levels of partnersliip working lo support womeii and cliildren WIKJ experience domestic violence Tliefoci¢s of omr ivoJ.k Our focus is in Ihe provision of direcl services to ivomen and children who havc expeiicnccd dorncstic and sexual violcnce through provision of a¢coinmodalion and eominiinity based supporl lo ensiire all necessary risks inlervenlion and loJ]g tctm support is in placc lo support victims. We work in partncrship with slalulory and communitylvolunlary organisalions lo ¢nsurc b¢st oulcomcs for servi¢¢ users and ¢ng8ge ?n Community based awareii¢ss raising on the lopic of domestic and sexual violence. Sirategic cngagemenl with relcvanl Statutory bodies and govemmenl departments is ensured to promote our s¢rvi¢c5 and n¢ccssity for furth¢r development. Pagc 4
Causeway and Mid Ulster Women's Aid Trustees, Report Relalioll5hip Miiih reluledpurlics C(iuseway & Mid-Ulst¢r Wotn¢n's Aid r¢cognises thc nccc55ity for meaningful partnership working to ensure Ihc best possible outcomes for Ihosc ivho need our suppon. To cmbed this within our pi'acLicc Causeway & Mid-ulsler Women's Aid has been represented on Ihe following mulii-agency group5 Wlthin thi5 period.. Northern tkjnicsiic &iid Sexual Violcnce Pttrtncrship and as%Kialed sub-groups . Multi-Agency Risk Assessment Conferences Colcrainc and Gold Sure Start Pdrlnerships Advice Nl Managcmcnl Committee . WAFNI Forum Family Hub . North¢rn Area Safeguarding Partner8hip Committee RepYesenlinLi Independent Supporting People Providers . Local Ar¢a Housing Group - NIHE Central Homclcssne5s Forum - NIHE Piibllc benefil How our aclivities deliver public bcnefit.. All our charildble ULtivilies fuS oil Ihe SUPPOTt of womcn and ¢hildT¢n whv ur¢ or hav¢ been vicliw of domcslic violence and are undertaken lo furthcr our Charitable purposes and for public benefii. Who used and benefiii¢d from our services. In 2022_23 bath our rege8 have seen l 00 /0 occupancy as standard. Following a recurn 10 pre-covid practices we accommodated 88 women and 65 children. 1100 women accessed our eommuniry-bascd services ensuring that supporl lo addi'ess the saf¢ty. howin8. rinancial, legdl, hcdlih and PLrsondl devclopineiii needs of womcn can bL dddrLSSL.d. Our Lliildrvn's serviLCS delivered iiidividual and group support lo over 200 children and yowig people and our prcvcntativc cducation programn)cs rcachcd ovcr 2000 11-14-ycar-olds. The Iruslees confimi that they have Complied wilh Ihc requirements the Charities Act 2008 (Noithem li'cland) lo have due regard to Ihc public benefit guidance published by tiie Charity Comniission for Norihern Ireland. Stru¢turey govern4nce and m%nagement Nuliire ofxoyerniiig dociiinenl Causeway & Mid Ulsier Women's Aid is a Company Limited by Guarantee, governed by a Memorandum and Arlicles of Association. It is controlled by a volunlary Management Board who arc rc5ponsible for slralcgic plannin8 and d¢¢ision making, financial govcrnancc and probily and have employmenl responsibility for all 51aff. Pagc 5
Causeway and Mid Ulster Women's Aid Trustees, Report Recriiilnlellt und uppoiiilnienl ofiriis(£es The directors of the COTnpany arc a150 charity trustces for tlie putyoses of charity law and undcr thc company's Articles are known as members of Ihe Managemeni Commiiiee. Menibers of Management Board are recruited thi.ou profcssional or personal recoinmendalion 2nd by advcrtisement. Voluntee wlio are lo b¢ appointed receive iiiduclion lo assisi them lo fulftl their roles in relaiion lo govemancc of the organisation. Members to the Board ar¢ proposed al the ani)ual geiieral meeting. Office bearers are elecied at thc first Managcrnenl Committee meeting following the annual gencral mceling. Thc day-lo-day management and operaiion of the activities Are carried out by a siatT team. led by ihe Lhief Execulivc Officer and Senior Management Team who I'cport rcgularly lo Ihe Committee. Operational staff and volunleei's contribute lo the day io day aclivilies ofthe charity and iheir ¢onlribution is invaluable lo Ihe charity Ineetijig ils aiiiib objccliv¢s. The Managcmenl Commiltcc mcets cleven limes per year to reccivc rcports (including financial) from the CEO. Ari'angemenlsfor selliiix key nlunt7getnlpersOn4el pemunemilon Setting pay and r¢munci'ution of thc charity's key management pcrsonncl is managed through using bcnchmarking lo sel appropriate levels aiid ihrougli resources available to the organisalion from ndIng sources. This is carried oul by the board as and when required. Flnanclal Inxtrumenis Objectives ondpollcles Th¢ orgdnisulion lias a risk munauycmcnl policy and operates a risk us5¢5sin¢nt framework which includes Carrying out I'isk asscssmcnl on all aclivilies. Inlemal control risks arc minirnised by Ihe implemenlalion of procedures. Procedures are in place to ensure conipliaiiee with health and safery of staff, volunteers. clienis and vibilurs lo our pKLmises. Supporting People QMT {Qudlily Managemei)i T(N)l) is fully iniplrinenled and exlcmally validal¢d. Individual project evaluaiions ure complcted to ensure that the services we provide cledl'ly benefit our service users. Risk managemenl is a slanding agenda iiem al all managenienl cornmitlee nieetings to Iniligale Ihc risks that Ilie charity faces. CftsliJ7ow risk Tli¢ ¢harily'5 aclivilies expose il priniarily lo the fiiiancial risks in ihe area of income geiieration. The charity rely5 Iicavily on Bovernmenl agencies whose budgets are reduced yeai. on year, leaving ih¢ ¢liarily increasingly rcliant on other agencies and the public. Credil risk The charity's principal finiin¢ial assels ur¢ bank balances and casb. trad¢ and oth¢i' receivables. and inveslm¢nls. The charily'.s crcdil risk is primarily atlributabl¢ to 115 LTad¢ rcceivables. The amounts presented in Ihc balaiice slieet al'e net of alloivances for doubiful receivables. An alloivan¢¢ for impaimenl is made ivhere Iliei'e is an ideiilified lo.ls event which. bds¢d on previous ¢xpericncc. is cvidence of a reduLlion in the recovcrability of the cash flows. Liqiiirfity risk In ordei. lo inainlain liquidity to ¢nsure that sufficienl funds arc available for ongoing operdtiOlEs and future dcvclopmcnts. the charity has a reserve5 policy of maintaining rcscrves ai 6 months running Costs ajid that all reslricted reserves are available in the form of $h at th¢ bank. Page 6
Causeway and Mid Ulster Women's Aid Trustees, Report The tNsiee's rewrt (incorporating the directors, report and Ihc slralcgic report) was approved by Ihc IStee5 of the charity on I l January 2024 and signed on ils behalf by.. icc Quinn Tstee Page 7
Causeway and Mid Ulster Women's Aid Statement of Trustees, Responsibilities Thc tTUStccs (who aTe also Ihe dircciopa of Causeivay and Mid Ulster Women's Aid foi. Ihe purposes of company Idw) are responsible for preparing the Irusl¢es' report and the finaiicial slatemeiils in accordanLe with Il)e Uniied Kingdoin Accounting Standards (Utsited Kingdorn Genernlly Accepted Accounting Procticc) and applicJblc l¢lW and rc8ulations. Company law requires the InLstres lo prcparc financial slatemcnts foy each financial year. Und¢r company law the Iru4lees mu.%¢ not approve the financial stslements unless they are satisfied thal they give a Irue and fair view uf Il)e slalc of affairs of the charitable compat)y and of its incoming resources and applic4tion of resources, including ils income and expendi(ur¢. [- that period. In prcparing ihese financial statcmcnts. the In5StCCS live rcquircd 10: select suitable accounting poli¢ies And apply thcm ¢onsislenily' obsuve the methods and principles in thc Charities SORP- n)akc judgcmenls and estimates that are reasonable and prudetit. slate whether applicable UK ALcounliiib Standards have been followed, subjecl Iv any matcrial dcparlurcs disclosed and explaitted in Ihe financial slalcmenls. and prepare Ilie financial slalcincnts on the going concern basis unless it is in8pproprial¢ lo pwume that ihe hurilable conipany will continue in business. Thc Irusiccs arc rcsponsiblc for keeping adequat¢ accouniing records ihal are sulTici¢t)t to show aiid ¢xplain Ihc hai'ilablc company's ti'ansactions and di.%clo8e wilh rea,sonable accuracy at any time the financial p05iiion uf Ihc chdrildbl¢ wrtipY Und ¢nablc Ilicin lo ensure thal Ihc financial slal¢mcnls coniply will) the Coinpanies Acl 2006. They ai'c also rc5ponsiblc for safeguarding the as5cls of the chai'ilablc company and hence for taking reasonable Sleps for Ihe prevenlion and de¢ection orrraud and oihcr itTcgulariiics. Dlselosure of Inlormatlon to Iudltor Each Iruste¢ has Lakcn slcps Ihat ihey ought to have laken as a InL8tee in order lo make themselves awai'e of any relevant audit inforniation and to esiablish (hai the charily's auditor is aware of Ihal infonnalion. Th¢ truslecs unfirm that tliere is nu r¢l¢vanl information that thcy know of and of wliich Ihcy know Ihe auditor is unaware. Approved by Ihe trustees of the charity on I l January 2024 and signed on its hehalf by.. AIiLe Quinn TnJsle¢ Page 8
Causeway and Mid Ulster Women's Aid Independent Auditor's Report to the Members of C2useway and Mid Ulster Women's Aid Opinio We have audiled the financial Statemen of Causeway and Mid Ulster Women's Aid (the '¢harity') for thc year endcd 31 Marcli 2023, which comprisc thc Siatcnicnl of Filldncial Aclivilies. t4alaiicc Slieel, Sidlcmcnl of Cash Flows, and Noies to the Financial Stsiemcnls, including a suniinary of significant accounting policies. The financial reporting framework that has been applied in Iheir prep8ralion is United Kingdom Accounting Siandai'dl, comprising Charilies SORP - FRS 102 'The Fillancial Reporling Siandard applicAble in ilie UK and public of Ireland, and applicablc law (Uiiiled Kiiigduin Gcnerally ALccpled ALcuun¢ii)g PractlLel. In aur opinion the fjnancial statctncnts: give a trne and faiT view of the stale of the Charity's affairs 88 at 31 March 2023. and of its total incoming resources and cxpendilurc of rcsourees, for the yeur then ended., Iiave been propcrly prcpared in accordance wilh Uniled Kin¥dvm Generally AcLepled Accounting Practice,, and • have been prepared in accordancc with the requirements of the Companies Act 2006 Basls for opinlon We condu¢icd out. audil in accordance with Inremational Standards on Audiiing (UK) (ISAS (UK}) and applicable law. Our responsibilities under those slaiidards are furLher described it) Ihe Auditors, respoi)sibilities for Ilic audit of Ihc financial s14ilcmcntS 5¢clivn vf vur reporl. W¢ are ind¢p¢ndent uf th¢ Lhdrildblv Lompany iii accordancc with the cihical rcquircnicnls ihai aTC rclcvanl lo L)ur audit of Ihc linuncial slatcmenls in die UK, includii)g the FRC'S Ethical Siandai'd, and wc havc fulfilled our oihcr cihical rcsponsibililics in accordai)ce with these requireinenls. We believe thai ili¢ audit evidencc we havc obiain¢d is 5ufficieT]t and appropriale lo provide a busis for our opinion. Conclusion5 relaling lo going conccrn In auditing the financial slalemenls, we havc concludcd thal Ihc Trustccs, usc of thc going conccrn basi5 of accountii)g in the preparation of the financial stat¢menLs is appropriate. Ba,8ed on the wurk we have performed, we have noi ideniified any maiei'i&l unccitainties I'elaling lo cvenls or conditioi),% that, individiially or colleciively. may casl significanl doubi on ihe company's ability lo continiie as a goin&T Loncern for a period of ai leasl Iwelve monilis from when the filnCEal statement$ are aurhorised for issue. Our i'csponsibilities and thc responsibililies of the Trustees with respect lo going concern are dcscribed in Ihe relevant secfions uf Iliis reporl. Page 9
C2useway and Mid Ulster Women's Aid Independent Auditor's Report to the Members of Causeway and Mid Ulster Women's Ald Other inforination The other information conipri.scb Ihc ii)fomalion included in Ihe annual report. ii)cluding the Iruslees. reporl. oihci. Ihan thc finaiicial slalenicnls and oui. auditor's report tl?er¢oii. The liuslces are responsible for Il)e oilier information contained within Ihc annual report. Our opinion on Ihc financial 51alcmcnt5 docs not cover thc oihcr infoi'matioii and. except to the extenl oihenvise expliciily staled in our report, we do noi exptrss any form of assurance conclusiot) Ihereon. Our responsibility is lo r¢ad th¢ oihcr infonnation and. in doing so. consider whether the otlier infoiThation is nialerially inconsistent with the financial slatements or our knowledge obiaii)ed in the course of the audit, or otheiivise appears lo be malei'ially missla(cd. If wc identify such inaterial inconsistencies or appai'enl iiiaterial misstalemenls, we are required lo delermine whciher this gives iise lo a maierial misslalement in ihe financial slatenienls themselves. If, based on Il)e work we have perfonned, we conclude that there is a material misslatemenl of this uiher intormdlion, we arc rcquircd lo reporl Ihal lacL. We liave nothing lo report in this regard. Opinion on other matters prescribed by the Companlei Act 2U06 Iii oui. opinion. based on the work undertaken in Ihe course of the audit.. the information given in the Strategic Report and Trusiees, Reporl for the financial year for which the rLnaii¢ial slglcmcnls arc prcparcd is COllSiSt¢nl willi Ilie finanLial Slalcincnls. and the Siralegic Report al Trustee8' Reporl liavc becn prepared in accordancc with applicable Ic8al requii'emenls. Matters on ivhi¢h wo ar¢ required to report by exceptlon In Ilie liglil of the knowledge and undersianding of tlie company aiid its cnvironmcni obiaincd in Ihe course of th¢ audit, we have llol idcnlified malerial misslalcmenls in Ilic dircclors, report included within the Irustees. repoi'i. We havc noiliing lo rcporl in respccl of the followit)g mallers wher¢ lh¢ Coinpanies Act 2006 r¢quire5 us Io report lo you il., in our opinion.. adcqualc accounting rccords havc not been kept or returns adcqua(c for our audit havc not becn rcccivcd froni branches not visited by us. or the financial slatemenls are not in agreement wilh Ihc accounting records and rctUrns- or ¢rt8in disclosur¢s ortNl¢¢s. rcEnun¢ration specified by law are not made. ur we havc nol receivcd all Ihc iftforniation and explana(ions w¢ r¢quir¢ for our audil- or * (he Iru51ees were nol entitled io tsk¢ Hdvanldge vf ihe 51nall conipanies exemplion from the requirement to prepare a Strategic Report or in preparing Ihe Report of Ihc Trustecs. ReJpon$Sbllltles of tru$t¢e$ As ¢xpl8ined more fully iii ihe Stalemenl ofTrustees' Responsibililies [set out on p&ge 8]. the trustees (who dre also dii'eclors of the cliarilable company for ihe purposcs of company law) arc responsible for thc preparation or the finaiicial statements and for being salisfied that Ihcy give a ttuc and fail vicw, and for Such intcrnal coiits'ol as the trustees determinc is necessary lo ellable ihe preparation or riiiancial statements thal are free from material misslatctncnl, whetbri due lo frnud or cmpi. Pagelo
Causeway and Mid Ulster Women's Aid Independent Auditor's Report to the Member5 of Causeway and Mid Ulster Women's Aid In preparing the financial statements, the Inle¢S are responsible for aw55ing tli¢ charily's ability lo Continue As a goiiig concern, disclosing, as applicable, matters reldted goin8 concern and using thc going concern basis of accounting unless the iiusrecs either inicnd to liquidatc the charsty or 10 cease operations, or have no rcalislic altemaiive but lo do 80. Our responilbllldes for the audli of ¢he flnanclal st*tements Our objcclives are to obtain reasonable assurance about whether the financial Slatem¢nls as a whole are free from material niis5tatement, whethei. due lo fraud or errol., and to issue a Report of tlie Independeiit Auditors that includes our opinioi). Reasonabl¢ a5sufdllc¢ is a high level of assurancc but is not a guaranlce that an audit conduclcd in accordance with ISAS (UK) will always dclcct a material misstatement when it extsts. Misstaleinents can arise from fraud or e)Tor and are considcrcd malcrial if, individually L)r in the a¥birc¥uie, they Could rea.sonably be expected lo innuence the economic decisions of uscrs lakcn on Ihc basis of Ih¢sc financial slalements. As parl of an audit in accordance wilh ISAS (UK), we cxcrcise professional judgement and maintain professional sccpticism Ihroughout th¢ audit. We also.. 4ldeniify and assess the risks of malersal misstaiement of the cntity's financial stsl¢in¢nts, wh¢th¢r du¢ to trJud or crror, design and perform uudit procedurcs rcsponsivc lo Ihose risks. and obtain audil evideiice ihal is sufficient and appropriale lo provide a basis for our opinion. The risk of noi delecling a malerial misslateinent suliin& from fraud is higher Ihan for one resulting from crror, as Iraud may involve collusion, forgery, intentional omissions, misrepi'esenlations, or the override of inlernal control. .Obiain ali undcrslandinby uf int¢mal cunlrol relcvanl lu Ihe audil in order lo design audil pi'ocedur¢s Ihgl ai'c appropriatc in Ihc circumslanccs, bui not for Ihc purpose of expressing an opinion on (he effeclivene,8s of the entity's internal control. •Evaluale the appropriateness of accounting policies used and the reasonableness of accounting cslimale5 and relalcd disclosui'es made by the directors. .Cvn¢lude on the appiDpriateness of the directois. use of Ihe going conccrn basis of accounting and, bascd on Ilic audit evidence obtained, whether a malerial uncertainty exist5 relalcd io cvcnls or condilions ihal may cast significanl doubl on lh¢ charitable comp8ny'5 3bility lo conliiiu¢ #s a goin8 concern. If w¢ con¢liid¢ that a material uncerlain(y CX15ts, we &re rcquircd lo draw attcnlion in our audilor's report lo the related disclosures in the financial slalenients or, if such disclosures arc inadequale. lo niodify our opinion. Our conclusions are based oil the audit evidence obEained up to the dale of our auditor'5 rcport. Howcvcr, future ¢v¢nts or condilions Inay au5¢ th¢ charitable company lo cease lo continue as a going concern. .Evaluate Ihe overall pre5elltation. slruclure and conlenl of the financial slaienienls. including (he disclosures. atsd wbethcr the financial slalctncnls Tcprescnt Ihc undcrlying transactions and cv¢nts in a niann¢r that a¢hieve5 fair presenlation (i.e. gives a (rue and fair view). Wc communicate iviih Ihose charged with governance regarding. among othcr mall¢rs. tlic planned scope and liming of the audit and signifi¢gnt audit findings. in¢ludin8 any signtficant dcftcicncics in intcmal control that we identify during our audit. Pagell
Causeway and Mid Ulster Women's Aid Independent Auditor's Report to the Members of Causeway and Mid Ulster Women's Aid The extent lo which our audit Iva5 capable of detecting irregularities. Including fraud Iri'egularities, including fraud. are instances of non-compliance with laws aiid re8ulalions. We desi8n proccdures in line with our rcsponsibililics, ouilincd above, to deiecl malerial misstalerncnls in rcspccl uf irrcbJul#riiies. inLludinu fraud. Thc cxlenl to which our procedure5 are capable of d¢te¢ting irregularilics, including fruud is detailed below.. Oiir approach lo identifying and as5cssing the risks of matcrial misslalement in respecl of i¢gUlarItics, includin8 fraud and non-conipliance with laws and regulations, was as follows: •ihe engagenient partner ensured Ihat the engiagemeThl leam collectively had thc appropriale compclcncc, capabilitics and skills io ideniify or recognise non-eomplianee with applicable laws and regulations. e identified the laws and regwlalions appltcablc lo tlic charilablc company through discussions with directors and other management, and from our commercial knowledge and expcriencc ofihe charit&ble sector in Northern Ireland., 'idcnlitied laivs and rcgulalions were communicated within the audit teum r¢gularly and th¢ tcam rcmain¢d 81¢rt lo instances of noii.eomplian¢e Ihroughout (he audil. We assessed the su¥ceplibility of the company's financial slalcments to man31 misslalement. includiftB obtaining ali underblaiiding of how fraud might occur. by= •making cnquiries of Inanagemenl as lo where Ihey Lonsidered tllcrc was susccplibilily to fraud. Iheii. knowled8C of actual. suspected artd alleged fraud,. and •¢onsidering the intern81 conlrvls in place lo miligatc risks of Iraud and nonw¢omplian¢e with laws and r¢¥ulations. To addre%8 Ihe risk of fraud Ihruug,h mai)agcmcnl bias and override of conlrols. Ive.. 'perfomied analytical procedures lo identify any unusual or uttexpected relatlOns1iips: •tcsted journal cntrics to identify unusual trensaclions; •assessed wheih¢r jud&?em¢nls and #ssumplions mad¢ in dclemiining Ihc acCountinV estiinat¢$ determined iii the prcpai'ation of the financial siaiemen18 re indicative of potential bias- and •iiiv¢sli8at¢d ihe rationale bchind significant or unusu41 transactions. In responsc lo Ihc risk of irregiilarities and non-compliance with laws and regulalions. we dcsigncd proccdurcs which incliided. but re not limiled 10: •agrccing financial slalement disclosures to underlying supporting documenlalion- •reading the minutes of meetings of those chargcd with governancc. •enquiiiiig ofmanagemenl as to actual and potential litigation and clainKs- and •reviewing correspondence with HMRC. Page 12
Causeway and Mid Ulster Women's Aid Independent Auditor's Report to the Members of Cyduseway and Mid Ulster Wornen's Aid There are inherent limilaiions in our audit procedures described above. The More removed tliat law5 and regyulalions dre from financial transactions, the less likely il is tlia( wc WOLild becom¢ awarc of nun-compliancc. Auditing standard.s also limil Ihc audil procedures required 10 idcniify non-compliance with laws and regulations lo enquiry of tlie directors and other managenieni and the inspection of regulatory and legal corre5pond¢nce, if any. Material misslatemcnls that arise due lo Iraud can bc harder lo de¢t than ihosc Ihal arise from error &5 Ihcy may involve deliberate conecolmenl or collusion. A furthcr description of our responsibilities is available on the Financial Rewrting Council's wcbsite ac: www.frc.org.uklaudilorsrcsponsibililies. This d¢5criplion fornis part ofour auditor's report. Use of our report This rcport is made .solely io Ihc charitable con)pat)y's members. as a kndy J in 8ccordancc with Chapter 3 of P&i'l 16 of the Cojnpanics ALI 2006. Our audit work has b¢¢n undertaken so thal we might slate lo the charilable ¢oini)any's m¢mb¢r5 thos¢ maiteis we arc rcquircd lo stale to thein in an auditors, report and for no oihcT purpo¥e. To Ihe fullest Cxicnl pem)itted by law, wc do nol ac¢cp¢ or &%sume responsibility 10 onyone other than the charitabl¢ ¢vmpany and the clittritable company's members as a body. fur our audit work, for this repoi'l. or for Ihc opinions we have formed. Conaill McGra For and on bcha atulory Auditor) cGrady & Co, Sialulory Audilor fM.B. Suite 2B Cil(Yo¥aii House 322 Lisburn Road Belfast Co. Antrim BT9 6GH Dale.. Pa8e 13
Causeway aDd Mid Ulster Women'5 Aid Statement of Financlal Activities for the Year Ended 31 March 2023 (Includlng Income and Expenditure Account and Statement of Total Recognised Galns and Lo55es) Unres¢Flcted funds Rcstricted funds TDt&l 2023 To¢al 2022 Nole Iiicome and Endowments from: Donations and legacies Charitable activities Inve8lmenl incomc 41.717 120.228 3.146 41.717 1.631,754 3.146 15,431 1.629,632 1.138 1.511.526 Total Income 165,091 .511.526 1,676,617 1.646.201 Expendlture on: Raising funds Charilablc JciiviIi¢s (640) (75,956 {422) (1,550,390 (1.062) 1,626.346 {1.584) 11,509.632) Total Expenditure (76.596) (1.550,812) (1.627,408) (1,511,216) Nei inLomel(Cxpcndire) Ti'ansfers between fiinds 88,495 41.319 (39,286) {41,319 49.209 134,985 Nei movement in ndS 129.814 (80.605) 49,209 134.985 Reconclllatlon of funds Total funds broughi fonvard 716.262 505.518 .221,780 1,086,797 Tvlal fijnds carried fotward 19 846,076 424,913 Unrc$¢ricted funds 1.270,989 Reslrlcled fund$ 1,221,782 Total 2022 Nol¢ Jncume and Endoivm¢nt8 Irom: Dortaiions aiid legacies Chdl'ilablc aclivilies Inveslnieiit iii¢oin¢ 15.431 56.611 1,138 15.431 ,629,632 1.138 1,573.021 Total In¢vme 73.180 1,573,021 1,646.201 Expendlture on: Raising funds Chaiitable activiti (8) (1,576) 1,448,522 (1,584) .509.632 Total Expci)diture {61.118 (1.450,098) (1.511,216) iiiconi¢ Transf5 belwccn fund5 12,062 36,659 122.923 {36,659 134.985 Net movement in funds 48.721 86.264 134,985 Reconcillatlon of funds Total funds brought fonvard 667.543 419,254 1,086,797 Total fund5 rattled forward 19 716,264 505.518 1,221,782 Page 14
Causeway and Mid Ulster Women's Aid Statement of Financial Activities for the Year Ended 31 March 2023 (In¢ludlng Income and Expenditure Account and Statement of Tot21 Recognised Gains and Losses) All of th¢ charity's acliviii¢S derive fiom conlinuing operatiwis during ihc abovc two pcriods. Tlie futJd5 brcakdowii for 2023 & 2022 is shown in nolc 19. Page 15
Causeway and Mid Ulster Women's Aid (Registration number: N1030137) Balance Sheet as at 31 March 2023 2023 2U22 Nole Fixed assets Taiigible assetb 14 173,322 172.061 Curreht a55et5 Dcbtors Cash ai bank and in hand 15 49,124 1.140.192 31.422 1,132,050 1.189.316 1.163.472 Credltors: AmoDnts fallln2 due wlthln one year Net current &5sets 16 {91,649 69.035) 1,097,667 1.094.437 T(btRI 455ets less current Ilabililies 1,270.989 1.266.498 Credltors: Amounts falllng due after more than one yeAr Nel assct5 17 44,716) 1,270,989 1.221.782 Funds of the charlty: Reslrlcted funds 424.913 505,518 Unre51rict¢d income fundy UnTeslricled funds 846.076 716.263 Tolal funds 19 1.270,989 1.221.781 The financial slulemcnls 011 Pa&Tes 14 10 31 were Appruved by the Inlslees, aiid 3Utlioris¢d for issu¢ on I I January 2024 and signed on Ihcir behaifby.. li¢e Quinn Tru8lec Pagc 16
Causeway and Mid Ulster Women's Aid Statement of Cash Flows for the Year Ended 31 March 2023 2023 2022 Note Cash flows from operating attivities Net ca511 incomc 49,209 134.985 Adjustments to cash flows from non-cash Itcm$ Depreciatioii Inveslnieiit incomc 23,712 (3.146) 69.775 16,548 150,395 Worklng eapltal Adjustments (Inci'eas¢)/decreasc in debcors Decrease in credilors {Decrcase}lincrease in deferred income 15 16 (17.703) (20.921) (1 182) 49.094 (18,303) 26 N¢( cash flows from operating llLlivilies 29,969 181,212 Cash floivs frorn Investlng activitles liitLrrst receivable aiid similar incomc Purchase of tangible fixed aS$S Net cash fluwb from invcsling activities 3,146 124.973) 1,138 14 21,827) 1.138 Nel inci'easc in cash and cash cquivalents 8,142 182.350 Cash and cash equivalcnts al l April Ca¥h and cash equivalents al 31 M8rcli 1.132,050 949.700 1,140,192 ,132,050 All of Ilie cash llows are derived froin conlinuin8 operaiioi)s duriiig the above Iwo periods. Page 17
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 Charity s14tus The ch¢irily is a Charity liiniled by Laran1CC and conseqiienily diycs not have sharc capiial. Each of the INstces is liable to contribte an aniount iiot cxceediiig £1 tovdrds the a5SCts of the charity in thc event of liquidation. The Charity is incoOrated in Northem Ircland. It is rebiislcrcd with the Churilies Comniission for Northem Ireland Addre.4S'. Gottalowry H0115C 94 Cliurch Sir¢¢l Cookslowii Co. Tyroiie BT80 8HX 2 Aecounling pollcles Suinmary of SiEniflcllnt ¥c¢ounling policies and key ¥ccountln% estlmotes The principal #Ccouiiiing policies applicd in the preparatiun of thcse financial stslements arc sei oui below. Th¢se policies have been con.4islenily applied io all the years pre.sented. unlc5s oiherwise 5laled. Statement of compliAnce The tinancial siaiem¢nls have bcen prepared in accordance iyith Accounting and Reporting by Charilics.. Siatenienl of Recomniended Praclice applicable lo eharilies preparing tlieir accounts in accordance with tl?e Finaiicial R¢porliiig Siaiidard appli¢ablc in Ihe UK and Republic of Ircland (I-.RS 102) (cifeciive l Janudry 2015) {Charilies SORP (FRS 102)), thc Financial Reporting Standard applicablc in the UK and Republic of Ireland (FRS 102) and ihe Companics Acl 2006. BASIS of prepArallon Cdu5¢way aiid Mid Ulsier Women's Aid mcct5 the definition of a public bencfil entity undcr FRS 102. Asseis and liabilities are initially reeognis¢d al historical cost or transaction value unless otherwise stAtcd in the relcvaiil aL¢uui)ling policy notes. Golng conccr The tNslees consid¢r Iliat (here are no material uncerlainiies aboul the tharity's ability lo ¢onLinue as a going concern nor any signifi¢ai)l areas of unceriainly that affecl the carrying value ofassels hcld by Il)e charity. Income and endoivments All income is rccognised one¢ Ihc charity has eii(itlcment to (he incomc. it is probable ihal the income will be received and th¢ amount of Ili¢ incoine r¢¢¢ivabl¢ can be m¢asured reliably. l)oiialioiis ditd le¥Acie Donation,s are recogni5ed when ihe charity has been notified in writing of boEli the amount and settlement dale. lii Ilie event that a donation is subjcct lo conditions ihal rcquire a lev¢1 ofperlorn)ance by ihe chartty bcforc Ihc ¢harity 15 cnlitled lo the funds. Ihc income is defcrred and not recognised until either thosc condilions arc fully mel, or the fvifilment of tl)ose conditions is wholly wiihift the control of Ihe charity and il is probable that these ¢ondilioll5 Ivill be fulfilled in Ihe reporling period. Page 18
Causeway and Mid Ulster Women's Aid Notes to the Financlal Statements for the Year Ended 31 March 2023 Gittnl,f receiwble Grants are re¢o8Tiised whcn (l)c chaiity has ati entitlemcnl to the funds and any conditions liiikcd to the granis have been n)er. Where performance conditions are atlaclied io Ihe grani and are yet to be niel, rhe iiicome is reeognised as a liabilily and includcd oi) Ihc balancc sheel as deferred incomc to be rclcased. Capilal Gwniils Capital grant$, when receivcd. are rccognis¢d in fi]11 in the year of rcccipt. These grants arc then rele&8ed in linc with depreciation ov¢r the useful lifc of Ilic asset willi whi¢h they are associaled. Deferred liieottie Def¢ed income represents amounts received for future periods and is released lo in¢omiiiB resources in the p¢riod for whicli, il has bccn TeL¢iv¢d. Siich income is only dcferred when.. Thc donor specifies that the grnnt or donation musl only bc used in future accouiiting pci'iods,. or Tlie donor has iniposed conditions which must be mel beforc thc charity hds uncunditional cnliilcmcni. Expendllure All expenditurc is recognised oncc ihcre is a legal or coiislruc¢ive obligation to that expenditure, it is pi'obable setilcmcnl LS I'equii'ed and Ihc amuunl cAn be me3sured rcliably. All c()sis are allocalcd lo Ihe applicable expendilurc heading Ilial aggrcgalc similar lost5 to thal calc80ry. Whcrc cosls cannot b¢ dirc¢ily allribuled lo particulai. heading.s they hav¢ b¢¢ii allocated on a basis consistcnl wilh the use of resources, with central staff Cusls allocated on the basis of limc spcnl. and deprecialivn charge5 allocalcd on (he portion of thc Bss¢l's iise. Other supporl cos18 arc allocaled based on Ilic sprcad of staff ¢osl$. Rrtlslmgfiiiidy Tliese dre cosis incurrcd in allra¢iin8 voluntary incomc, the managenienl of iDVCSimcn(s and Ihose incurrcd iii trading activities Ihat raiso funds. Cltqi'if4bl¢ ffclivities Chai'itable expciiditurc comprises those cosis incurred by Ihe charity in the dcliveiy of ils aclivilics and 5¢rvi¥es for lis b¢n¢ficiarics. It includes boih costs Ihal can b¢ allocaled direcily to such aclivilies ttnd those costs of an indirect nature necessary to supporl them. Support costs Support costs include central functivns and have been allocated to activity wst categorics on a basis cunsislent with the use of resou¢5. for example, allocating properly Costs by floor ams. or per capila, slaff costs by the lime spenl and oili¢r losls by Ihcir usage. Governance £05ts These in¢lude tlie costs atlributsble lo Ihe Charity's u)mpliance with constitutional aiid .statutory requirements, including audil, blialegic man2g¢n)ent and trustees's tncclings xnd rcimbursed expenscs. Taxalio The charity is considered lo pass Ihc lesls set out in Paragraph I Schcdulc 6 of the Finance Act 2010 and thcrrfore it rneels the dcfinition of a charitable company lor UK corporation tax purposes. Accoidillgly> the charity is potentially excmpl from (all0 in tcspect of income or capital gains received within categorics overcd by Chapler 3 Part I l of the Corporation Tax Act 2010 or Seclion 256 of the Taxation of Chv4rgeable Gains Act 1992, 10 th¢ ¢xlent Ihal such incDine or gains arc appli¢d cxclusively to charitablc piirposes. Pagc 19
Causeway and Mid Ulster Women'5 Aid Notes to the Financial Statements for the Year Ended 31 March 2023 Tmiiglble flxed assets Individual fixed assets COS(ing £O.O l or inorc arc initially recorded at cost, Icss subsequent accumulated depreciation and subsequenl accurnulated in)paimient losses. Depreclalion and amort154tlon Dcpi'cciation is pi'ovided on tangibl¢ fixed assets so as io writ¢ off Ihc cost or valuation, Ic5s any estimated residual value. over their expected useful economic life as follows.. Asset class Land & Buildiiigs Plaii¢ & M&¢hinery Fixtures, fiiiings & equipfticnt Ternpordry Buildings Depreciation method and rate 20/¢J Straight Linc 25 % Reducing Balance 33.3°/o Straight Linc IIY/o Siruighi Line TrAdc debtors Trade debtors are amounts due from fundcrs and service useTS in rcfugc. Trade debtors ure recognised initially at the iransaclion price. Thcy are subsequently me&8ured al amoilised cost Ubing Ihc effective inleitst mcthod, less provision for impairnieiil. A provision for rhe iinpairnicnt of ti'ade dcbiors is eslablishcd when there is objective evidence d)al the charily will nol be able lo collect all amouiils due according lo th¢ ori¥iiial l¢rn]s of Ilie rcccivables. CA$h and cR5h cquivalenls Cash and cash equivaleiits comprise cash on hand und call deposits. and oiher sliort-temi hibylily liquid investments tlial are readily conv¢rtiblc to a known 8mounl of cash and are subject to an insigniticant risk of chang¢ in valuc. Trade credito Trdd¢ credilors are obligaiions io pay for goods or serviccs Ihat liave been acquircd in the ordinary coursc of busit)ess from supplicrs. Accounts payabl¢ are ¢las5ified as current liabilities if the chai'ily does nol havc an unconditional right. at the end of Ilie reportiiig peTiod, lo defer settlement of the creditor for &1 leasi hvelve Inunilis aftcr Ilic r¢porting ddle. If iheye is an uncondilional right to defer s¢iil¢m¢nl for al le1 Iwclvc monilis aftei. thc rcportin8 date, Ihey are presented 35 non-currcnl liabililies. Trade Creditors are recognised initially al Ihe Iransaction pric¢ and subs¢quenily measurcd al amoitised cost using the effective interest method. Borroiving5 Inleresl-bedring borrowings are initially recorded at fair valuc, nel of Irdnsa¢lion costs. InleYesl-bcai'in8 borroivings arc subscquently carried al amortised cost. with the difference bctwccn the pro¢¢eds, nct of Iran8ae(ion costs, and the amount due on redernplion being recognised as a charge to Ihe Statement of Financial Aclivilies over the period uf Ili¢ relevani bOowing. Iiilerest expense is rccognised on Ihe basis of the effectivc intcrcst method and is includcd in interest puyable alld siniilar charges. Bomwings are cla&£ified as CUcl1t liabililics unlcss the charity has an unconditional right to dcf¢r settlement of Ilie liabilily for at leosl (welvc monihs after the reporling dale. Page 20
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 Fund 5tructurc Unrestricled incom¢ funds arc gencrdl funds ihat aTC available for usc at the tnislees's discrciion in furtherance ot the objectives of the charity. De&ignaled funds are unrestricted funds sei asidc for specific purposes al Ihe discretion of the trustees. Rcsli'ict¢d income funds are those donald for usc in a particular arca or for specific purposes, the use of which is restricted lo that area or purpose. Penslons and other post retirement (thligAtion$ SCHEME.. TPT Retiremeni Solutions- The Flexiblc Reiirement Plan The company parlicipales in a dcfincd Lonlribulion p¢Hsiun plan. Finan¢lAI Instruments Clas.¥iJlcrtlioii Findnci81 assels and fiiiancial liabililies are recogniscd when thc charity bccomeg a party io the contractual provisions of Ihc inslriim¢iit. Financiul liabilities and equity instruments ar¢ classified according to the substance of ihe ¢ontractual arrangements cnlcrcd into. An equily instrunicnl is any contract ihai evidenccs a rcsidual interest in the assets of the cliarily after dedu¢ling all of ils liabilities. Rectpxiiilioii ftiid measureiN¢iil All finaiicial a88ets and liabililies are initially measured al Iransaciion price (ii)cludiiig Ii?ns8clioii costs), except ror those finaiiGial asselb classified as al fdir value Ihrougli profi( or loss, which lire initially measured 81 fdir value (which is nomially the transaction pricc excluding transaction cosls). unless ihc arrangement constilutcs il financing Ir8nsaclion. If an aiYangem¢nt constiiule% a financing Iransjclion, the financial asset or financiul liability is mcasurcd al Ilie prescnl value vl Ilie luture payinenls discounlcd al a nui'kel rale of iiil¢r¢sl loi. a siiiiilill. debi instrument. Financial assets and liabilities arc only otTs¢l in Ihe slalemenl of fii)ancidl posilioii whcn, and oiily when tl)ero exists a legally enforceable riglil 10 5¢t off Ilie recognised amounts and the Cliarity intends ciihci. lo seiile 01) a net basis, ur lo rcalise ihe asset aiid seiile the liability simultaneously. Financial as.8els are dcrecognised when and only when a) the coillrnclual righis to Ihc ¢asli flows frokn the finaiicial asset cxpirc or are seitled, bl Ihc chiirity transfers to anoth. party subslai)tially all of the risks and rewards of ownership of the financial asset, or c) the charity. despite having retained some. but iiot all, significant risks and rewards of ownership, has transferred wntrol of the at>set to anoiher party. Financial liabilities are derecogiiised only when the obligation spetified in the contract 15 di.scharged, cancelled or ¢xpires. The best evidence of fair value is a quoied price for an identical a&set in an active market. When quoted prices arc unavailable, the pri¢e of # rent Iransaction fvr an identical ussel providcs evidence of fair valuc as long as there has not bcen a gigt)ifica111 change in ecoiiomic Clrcumstances or a sigiiificanl lapsc of time since the tran.4actiotE look placr. If tlie market is not aclive and recent Iransaclions of an identical a55el on Ihcir own are iiol a good estimate of fair value. Ihe lair value is estimatcd by using a valuation leclintque. Page21
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 3 Income from donations legacies Unres¢Yicted funds TotAI 2023 Total 2022 General Dortaiions and legacics; Donations from individuals 41,717 41,717 15,431 41,717 41,717 15.431 4 Income from charltablc Activities Unresirl¢ttd funds Re$trlcted funds Total 2023 Total 2022 Gener•1 Charituble Activities 120.2211 1,511.526 1,631.754 ,629,632 S Inve$tmenl Income Unrc5tri¢ted (und$ Total 2023 Total 2022 G¢ner41 Ini¢i'¢sl rcccivable ld similar income. Inleresl reL'eivablc on bank deposils 3,146 3,146 6 Expenditure on r41slng funds a) Costs of trading a¢tlvltles Alloc*ied support costs Total 2023 Total 2022 Cosls of gcneralinL¥ domalions and legacies 1.062 1,062 1,584 Page 22
Causeiyay and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 Mareh 2023 7 Expenditure on charitable activities Unrestrleted lunds Resirleted funds To141 2023 Total 2(b22 DesiEnatcd Gen¢r*l Note Chai'itable Aclivitics Depreciation, amortisalion and oih¢r similai. costs Staff cos15 AIIoLat¢d support costs 1.669 12,897 293.220 307,786 243,780 23.712 7.586 23,712 1,224.032 16,548 ,190,761 .216.446 16,217 13,1175 40,724 56,941 13,875 45.988 12,555 Goveniance costs 1,669 Activity undertaken dlrecily 74,287 1,550,390 1,626,346 1,509,632 Actlvlty supporl ¢osts Total 2023 Total 2022 Wage5 & Salaries Staff Travel & Expenses S(atT Recrnilmenl & Trainii)g Rcnl Water Rates Heal & Li8ht Lrgul & Profcssional Costs R¢pair5 & Maintenance Telephoiic Replacemenl rnIture & equipment Household, Cleaning & Hospilalily Gerkeral Support & Travel Volunl¢er Expenses Printing, postag¢ & stationery Insurance Advcrtisiiig Bahk Charges Sundry F,xpe118es Computer Expcnses Bad Dcbis Eslablishmcnt C()sls Repayment of Funding C&YP Costs 1,205,646 19.410 1.205.646 19.410 2,664 69,455 2,740 50,713 26,848 11,549 11,623 4.554 17.246 30,062 1,378 35,746 14,181 192 1,162.518 15,047 12,142 7S.252 2,960 33,950 22.186 17,275 12,603 5.006 15,939 9.536 352 23,153 15,746 203 754 1,315 26,769 7,312 34.139 69,455 2,740 50.713 26,848 11,549 11.623 4,554 17,246 30,062 1,378 35.746 14.181 192 920 920 369 11,560 4.286 40.118 48.126 3.085 369 11.560 4,286 40.118 48.126 3,085 .700 1,557,252 55,219 1.612,471 1.495.857 Page 23
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 £62,081 (2022 - £57.38]) of the abovc cxpcndilure was atiribuiable (o unrestricted fvnds and £l.550.389 (2022 - £1,438.476) lo restricted flinds. 8 Analysis of govcrn411te support Costs Govern#nce ¢os¢s Ukrtslrleled fund5 Tolal 2023 Total 2022 General Audit fcc5 Audit of the financial Slatements Other govcniance eosis Allocated 8upporl costs 4.660 7.735 1.480 4,660 7,735 1,480 3.504 7.755 1,296 13,875 13.875 12,555 9 Nct incomlngloul%oing resources Nel incornin8 resource5 for Ihc year ittcludc: 2023 2022 Dcprcciation of fixcd assets 23,712 16,548 10 Trustees remuiierHtion and expenses No Itee$, nor any peTson.s coi)i)ecled with ihem. havc received any remuncralion from Ilie charity duriiig Ilie year. No trustees have reccivcd any re1mbuCd cxpcnses or any oilicr bcnefils frorn the charity during the ycar. Page 24
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 I I Staff £05ts Tlie aggregate payroll costs were as follows: 2023 2022 Staff costs durlng the yegr )Yere: Wages and salaries Social Security cosls Pcnsion costs Other sts(f cosis 1,057.544 77,388 68,777 20,323 1,025.328 70,102 65,526 29,805 1,224,032 1.190,761 Thc monihly av¢rag¢ numbcr of p¢rsons (including sei)ior managemeiil team) cmploycd by ihe charity dui'ing Ilie ye&r expressed as full lime equivalents w&8 &q follows- 2023 2022 Av¢rage No. of F.mploy¢es 60 63 No employee received emolumenls of more ihan £60,000 during ihe year. Tlie total rernuneralion of the key management personnel of the charity were £272,440 (2022 £265.072). The charity considers its key management personnel io be ihe CEO, 2 Financc Managei's. 2 Accommodation Servi¢¢s Maiiager.s and 2 Commuttity Service5 Managers. 12 Auditors, remuneration 2023 2022 Audit of Ihc finJncial 5taterncnts 4,660 3.504 Page 25
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 13 Taxation The charity is a registercd cliarily and is therefore exeinpt froin laxalion. 14 Tangible fixcd as5Vts Land and bulldings Furnilurc and equipment Plant and machlnery Total Cost At l April 2022 Additions 170,000 68,04¥ 13,419 77,498 11,554 315,546 24.973 At 31 March 2023 170,(K)O 81.467 89,052 340.519 Depi'cclatlon At l April 2022 Chtkrge for Ihe year 54,400 3,400 61.600 10,921 27,485 9.391 143.485 23,712 Ai 31 March 2023 57.800 72,521 36,876 167.197 Net book value At 31 MarLh 2023 112,200 8,946 52.176 173,322 Ai 31 March 2022 115,600 6,448 50,013 172,061 IS Debtors 2023 2022 Trade debtors Prepayments Accrued in¢ome 9,581 8,202 31,341 5,839 4,722 20,861 49.124 31.422 16 Creditor5: amollnti falllng due wlthln on¢ y¢ar 2023 2022 Trade creditors Oih¢i' taxation and social sccurity Pcnsion scheme ¥reditor Accii]als Deferr¢d income 9,102 27,201 179 55,167 11.354 16.225 195 40,079 1,182 91,649 69,035 Page 26
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 17 Creditors: amounts falling due after one ycar 2023 2022 Capital Grants Reserve 44.716 18 ContinRent Ilabllliles Subsequent lo the date of the Balance Sheei, the Northeni Ireland Housing Executive (NIHE) have indicated Iheii. intention lo claw back an amounl of historic Supporiing People funding fi'om Ciiuseway and Mid-Ul¥lei' Womcn'$ Aid. Any repayment would be expeLted lo take placc in 2024. The ainount to be rcpJid lo NIHE lias not yci bcen deierniined. 19 Funds Balance at 31 M4rcli 2023 B4lance at I Aprll 2022 Jncomlng resources Resources expended Tran$fer$ Unrestricted fund¥ Geiieral Uiircslricted Funds Refuge Scrviccs Residents Charges CIOLD Accountable Body 254,431 126,053 (54,155) 13,414 339,743 53,658 81.297 16.139 22,900 (13,940) 6,832 55,857 97,368 389.386 165,092 74,927 13,417 492,968 De,si8iiaierf Rul18 Costs Reserves Unfunded Salary Rescrvc Redurtdancy Reserve Project Deficlt Rcscrvc Internal RefuKbushni¢nt Reserye Major Rcpairs Reserve 100,742 18.632 157.503 5,0(Ki 100,742 18,632 187.503 5,000 30,000 5.000 40,000 5.000 36,231 {1,669 (1,669 2.100 326,877 27,900 353,108 Total Unres¢rlcted funds 716,263 165,092 (76.596 41.317 846,076 Restrleted t'unds NIHE Supporting Pcople NIHE Floating Support NIHE Housing Management Comic Relief - Big Night In Criminal Justice Bultle UK Surestart 145.025 42,193 49.840 21,185 4,808 74 392,029 249,751 135,841 (371.075) {246.123) (120,400) (7.925) (10,620) (73) (62.104) (18,601) {3,223) {5,162) {1,563) 147,378 42,598 60,119 11,697 1.688 7.500 (i) (732) 62,836 Page 27
Causeway and Mid Ulster Women's Aid INotes to the Financial Statements for the Year Ended 31 March 2023 Balance at 31 March 2023 Balance ai I Aprll 2022 Incoming resourees Resourccs expended Transfer5 ComiL Relicf - Sustainability Fund Children in Nced Causcway NHSCT Cenlre LCG PCSP Covid Fxtcnsion Fund NIFIE Training NIHE- PIF NHSCT Rcfuge Garfield Wcslon Surcslart- GOLD Salaries Mid Ulsl¢r PCSP Mid Ulslcr Siarfish Lollcry Mid Ulster DC DV GTanl SHSCT Floatin¥ Suppurt CCCJ PCSP Schools Progi'amme NHSCT Cl)ild Wvrk NIHE SP Recognition Payment Foylc WA NRPF Aiynagh Down WA Nationwide Family Support Suresidrl Pi lol N114E ITrrel Cap Grant Halifax Cap Grant NHSCT FunVF,quip Cap Grant Mid Ulster DC Cap Granl Mid Ulbl¢r Starfish - Lottery Cap Grant Ulsier Gardcn Villa8es Cop Grant Children in Need Covid Bouslci Cap Grant Comic Relief Covid Cap Grant 3.613 2,525 ,973 {3.613) (17,702) (13,273) 15,372 11.995 (195) (695) 3,129 220 48.052 21.000 (21,566) 2,563 220 (48.052) (62.583) 130) (346,619) {3.040) (109,378) (4,000) (18,197) 63,591 658 1,666 15,755 15.785 346,622 7,242 120,127 4,000 17,490 (3) 4,202 62.101 52,438 (1.086) 1.652 {353) 592 18,249 20.000 11,724 (13,530) (11.675) (939) (14,701) (600) (36.882) {6.114) 24,719 49 825 10,458 2SO 10,892 279 ,764 7,714 17.445 850 48,406 281 (632) 6,112 2.840 4,000 438 1,334 {2.840) (500) {438) (1.334) 3,500 712 (712) 4,000 (500) 3,500 568 22.700 (568) 2,837 19.863 Tolal restrlcted (und5 505.518 ,511.527 {1.550.8141 (41.317) 424,914 Total funds ,221.781 1.676.619 1,627,410) 1.270.990 Page 28
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 Balance at 31 March 2022 Bg14nce al Aprll 2021 Incoming r¢sour¢¢s Resources expended Transfers Uni'estrlcted funds Jenerffl Unrestricted Funds Refuge Services Residenls Charg¢s GOLD Accountable Body 215.296 38.165 {27.390) 28.360 254,431 42.705 82.665 12,115 (10,197) 23.531 9.035 737 53.658 131,297 340.666 73,180 61,118 36,658 3119.386 De&ignuled Running Costs Reserves Unfundcd Salary R¢s¢rv¢ Redundancy Reserve ProJeLI Deficit Reserve Internal Rcfurbushmen¢ Reserve Major Repairs Rescrye 11)0,742 18.632 157,503 5.0 100,742 18,632 157,503 5,000 5.OtKI 40,0(Ki 5,000 40.000 326.877 326,877 Total unre$trleted fund$ 667.543 73,180 61,118 36,658 716,263 Restricted funds NIHE Supporting People NII-IE Floating Support NIHF Housiftg Mrtiiagenient NIHE SP Emcrgcncy Cuvid Grdnl Comic Relief - Big Nighi In Criniinal Juslicc Bultle UK Surestarl Comic Rclicf _ Sustainability Fund Childrcn in Need Causeway NHSCT Cciitrc CCCJ PCSP Covid Extension Fund SP Covid 19 Slalg Cosls NIHE Training NIHE- PIF NHSCT Rcfuge Childrcn in Need Mid Ulsl¢r Garfield Wcslon 131,403 31,569 550 364,767 219,781 92.495 (342,802) (209.157) (109,410) (8,343) 145.025 42,193 49,840 66,205 38,403 21.989 86 208 45,886 (5,868) {8041 (25,379) (1341 (61,184) 178.421) 21.185 4,808 74 30,101 60,931 253 6,013 2.972 (2,4(K)) (28,475) (11.787) 3,613 2.525 1.973 28,028 13.756 2,388 21,0(Kl (20,259) (9.902) 3,129 9,902 220 220 52,893 30,407 36,736 16.569 (35,248) (36,736) (17,174) (14.286) 48,052 (J05 30.071 15,785 Pagc 29
Causeway and Mid Ulster Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 B4lance at 31 March 2022 Balance at I Aprll 2021 Incoming resourc¢5 Re50urees expended Transfers Surestart - GOLD Sularies Mid Ulster PCSP Mid Ulsier Starfish - Lottcry Mid Ulsler DC DV Grant Reni (Fuiid 4) NHSCT Refuge Mid Ulster SHSCT Floating Support CCG PCSP Schuuli* Programmc NHSCT Child Worker NIHE SP Rccognilion Payment MU Dislrici Council Foyle WA NRPF Amlagli Dvivti W A Nalioiiwide Faiiiily Supporl MU MODVIlDAP NIHE Homeles.% Prevention Sureslart Piloi NIHE IT/Tel Cap Cjranl l-lalifax Cap Grant NHSCT FumlEquip C¥LP Grant Mid Ulster DC Cap Grant Mid Ulster Starfish Loltcry Cap Gi'unt Ulster Garden Villages Cap Gi'aiil Cliildrcn in Need Covid Bousler Cap Grant Comic Relief Covid Cap Grant 311,478 5.250 119,086 (311.610) {3.264) (99.112) (4.667) 132 (6,331) 4.345 32,464 4,667 11,788 52.438 (11,788) 789 28,796 16,935 {29.585) (16,180) 897 1.652 20.000 10,067 16.387 4.000 IS,988 850 48,406 (1.751) {10.067) (14.623) (4.000) (1,274) (6001 18.249 1.764 7,714 (250) 48,406 (319) (19.000) (3.039) 319 19,000 3,320 281 2.840 4.000 438 1,334 5,680 4,500 877 2,667 (2,840) (500) (439) {1,333) .424 (712) 712 4,5(Kl (500) 4.000 1.136 25,538 (568) (2,838 568 22.700 Total restricted funds 419,252 ,573.020 (1,450.096) (36,658) 505,518 Totpl funds 1,086,795 1,646,21KI ,511,214 ,221,781 Page 30
Causeway and Mid Ulsler Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2023 20 AnAIysis of net a55ets betiveeii fund5 Unrestricted fuiids Restrleted Cunds General Total funds Tangbible fixed a5tS Currcnl asscls Cutrent lidibilities 146,459 791.266 (91,649) 26,863 398,050 173,322 1.1¥9,316 (91.649 Total net assets 846.076 424,913 1,270,989 21 Analysi5 of net funds At 31 Mayeh 2023 At l Aprll 2022 C8$h tloiv Cash al bank and in hand 1,132.050 8.142 1.140.192 Nel debt 1,132,050 8,142 1,140,192 22 Related party Iransgctions There were no related party Iransaciions in the year. Page31