Comp•ny R•gl•tr*tlon No. N1637740 (North•fn Ir•l•nd} R•gl•l•r•d Ch•rlty No. NIC106912 SHOPMOBILITY MID ULSTER ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SHOPMOBILITY MID ULSTER COMPANY INFORMATION Dlf•clors Mr William Mayne PABE Mrs Ursula Marshall Mrs Brigid S¢)Jllion Cllr Christine McFtynn Mr John McGory Cllr John M¢Namee Cllr Anne Forde BEM Mr Daniel Kerr MTS Nuala McLemon Company numb•r N1637740 Reglster•d offl¢• Head Office Unit 47 Dungannon EnteffjKise Centre 2 Coalisland Road Dungannon Co TYre BT716 Audltor David Lyttle + Co Ltd Ststion House 46 Molesworth Street Cookstown Co Tyrone BT80 8PA Bankers Santsnder UK plc Bridle Road Boole L30 4G8 Sollcltors oc$ and Macmahon 63 Jarnes Streel CrK)kstown Co Tyrone BT80 8AE
SHOPMOBILITY MID ULSTER CONTENTS Pag• 01ClorS. report Directors. responsibilities statement Independent auditoes rewi Profit and loss account Balance sheet Notes to the financial siaternents 10-15 The following pages do not form part of the ststutory financlal statements:. Detailed ststement of financial actrvities 16 Schedule of govemance costs 17 Detsiled stslement ol financial activitses - Cookstown on 18 Schedule of govemance costs - Cookstown Mly 19 Detailed stslement of financial activilies - DurKJannonn only 20 Schedule of govemance costs - Oungannon only 21 Detailed sL31ement of fin8nclal actlvlties - Magherafell only 22 Schedule ol govemance costs - Magheralell only 23 Detailed statement of financi81 ac11vi$ - Gobillly only 24 Schedule ol govemance costs - Gobilily only 25
SHOPMOBILITY MID ULSTER DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The direclors present the a¢xounts for Shopmobilty Mid Ulster for the year ended 31 March 2025 This is a company limited by guarantee with no share capilal. In April 2016, Shopmobility Mid Ulster look over the assets and liabilities of the unincorporated entity vthich prior to this date had provided the service now provided by Shopmobilty Mid Ulster. Ba¢kground In 2010 a Shopmobilty Managernent Cornrnittee was formed lo establish a Shopmobilty Scheme in C¢)okslown Town Centre. A number of meetings were held vthith included key town centre slakeholders and input from a range of Shopmobility experts. The Bumavon Arts & Cultural Centre, Burn Road, CcK)kstown was selected as the l¢xati¢)n to base the Scheme. It's a public building which is accessible in a prirne town centre locatior) in dose proiimity to key amenib'es and services. In May 2010. funding from the Department for Regional Development (Now Department for Infrastructure) was agreed and the scheme commenced aclivilies in May 2010. Due to increases in demand from members in the Dungannon area, discussions wilh Oungannon & South Tyrone Borough Council {Now Mid Ulster District Council) took place and a new scheme was launched in Dungannon in October 2013. and located in Ranfudy House Arts & Visitor Centre. In January 2015 the organisation held an Extraordinary General Meeting and renamed the organisakn.on Shopmobility Mid Ulster with 2 brands-, Shopmobility Cookstown and Shopmobility Dungannon. In 2019, the company received funding over a fve year period frorn The National Lottery Community Fund for a new Gobilty pfc•Jramme. This will broaden the existing service to a wider area and a greater number of users of mobility SCOOtefS and wheelchairs. and continue to address the social isolation and exclusion issues which the company deals with. In 2024 Shopmobility Mid Ulster re established a Shopmobility seNice in the town of Magherafèlt. There has been growing demand for the service in that area, and the previous seNice ceased following the sad passing of its long- term cc(Jrdinator. The addition of Magherafelt now ensures there is Shopmobility service across the entire Mid Ulster District Counc31 area. Structur¢, governance and managemont The company is limited by guarantee. The company is governed by its Artides of Association which were estsblished in *>ri12016. These established its cuffent objecls and powers. The company is also register8d with the Charity Commission for Northem Ireland. Shopmobility Mid Ulster has a crossvcommunity focus and is managed by a voluntary committee which is elected annually. The apwintment of committee is in accordance with the company's Articles of Association. whereby each member will be enbled lo nominate one person only in writing not $$ than seven days before the dale of the Annual General Meetsng. Commltt•• Th8 committee vtho servéd dunng the year were.. Mf William Mayne MBE Mfs Ursula Marshall Mrs Bngid Scullion Cllf Christine McFlynn Mi John McGorry Cllr John McNamee Cllf Anne Forde BEM Mf Daniel Kerr Mrs Nuala McLemon
SHOPMOBILITY MID ULSTER DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ObJ•¢tlv•$ and actlvltles The objects of the Charity shall be to relieve the needs of people with disabilities and mobility drfficullies in the greater Cookslown & Dungannon areas (the "area of benefit") by providing or assisting in the provision of equipment and other facilities and semces with the aim of faulitating independence in daily living activrties and improving the quality of their lives and in particular.. to alleviate the disadvantages of permanenl and temporary disability- b. to prowde services which facilitsle and advance the indeperKlence of suth disabled persons in daily living activrties outside the home environment: c. lo enhance the confidence, well-being and enjoymenl of lrfe of disabled persons through int&gralion in social activities: d. to relieve the needs of people wilh disabilities by liaising wth other societies. associations or bodies having common or sharing Similar interests or objects. Achlevornents and perfonnan Shopmobility Mid Ulster continues to experience unprecedented growth in demand for services across Mid Ulster. Demand for equipment. advice and supwrt has been al an all-time high since the organisation was established over 15 years ago. This demand conlinues to come from various strands of the health service with referrals from minor injury untts. Occupational Therapists, Emergency Departments. G.Ps and others. As demand for services rises year on year. additional equipment is required lo meet the need. Dunng the past year Shopmobility Mid Ulster purchased 3 additional mobilty scooters and 5 additional wheelchairs and elevated leg rests. This equipment is used to meet rising demand and help lo ensure Ihe fleet is maintained to a high standard. The rising demand from users who wsh to get out and about more has been growing since the end of the pandemic. The demand for equipment rose by almost 14% year on year with bookings lolalling 16,000 across the year. The demand is slagg&ring and growing and although all our users have health related conditions, approx. 3540% of our referrals come diredy from Healthcare professionals. Minor Injury Untts. Emergency Departments, Occupational Therapists, Physio Departments. and G.Ps. Long-lerm borrowng and bridging gaps in Heallh requifements have led to the continued growth from long-temi borrowing of wheelchairs and scoot8rs. Over the past year closer collaboration with Health Care Profe55ionals ha5 brought about an increase in referrals from local hospitals. Occupation Therapists and Social Worker5, as the project conts'nues to bridge the gap in warting times for equipment. Broken limbs. amputations and cancer patienls have all been refeffed by medical professionals on a ular basis to borrow Shopmotmlity equipment vthilsl waiting on NHS equipment. There has been a growing demand for additional support services. signpostsng and referrals since the end of the pandemic. Many new users who have little OT no support structures in place. are reliant on getts'ng information on disability and older people help and support. This has continued lo grow over Ihe past number of years. Over the past year the re-establishment of a service in Magherafelt continues to grow in demand for equipment. The limilalions around funding rnean that the seryice is only operational 2 days per week. however il is the intention lo exlend this to fvll-ts'me hours if additional funding can be sourced. Flnancl•l r•vl•w The main funder conlinued lo be the Department for Infrastructure. Sh¢¥)mobility are required to generate match funding lo cover expenditure not funded by Dfl which thèy have been able to do successfully. The commfftee will conlinue lo condvcl annual rèviews of the appropriate level of unreslricled reserves. The purpose of this reserve is lo provide stability lof the charity lo ensure thal il is able lo honour existing conlraclual obligations. lo cover unforeseen events beyond the organisalion's control and lo enable il lo continue its operations in the unlikely event of a significant fluclualion in expenditure or income. The committee aim lo build reserves lo al least 3 monlhs of annual expenditure. This may be achieved by increased lund iaising, increasing eamed income or reduung expenditure.
SHOPMOBILITY MID ULSTER DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The presenl level of Unrestricted Reserves available lo the charity is £17.358 which is deemed satisfactory. Audltor The auditor. David Lyttle + Co Ltd, is deemed to be reappointed under section 487121 of the Companies Act 2006. Statement of disclosurn lo auditor So far as the Directors aware, thére is no relevant audit InfonatiOn of which the charity's auditor are unaware. Additionally, the Directors have taken all the necessary steps that they ought lo have tsken as Directors in order lo make themselves aware of all relevanl audit infomialion and lo estsblish Ihal the thartty's auditor are aware of that infomation. This report has been prepared in accordance with the provisions applicable to companies enlilled to the small companies exemption. On behalf of the board Mrwilliam Mayne MBE Dlrector 10 July 2025
SHOPMOBILITY MID ULSTER DIRECTORS. RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 The directors are responsibl& for preparing the annual port and Ihe financial statements in accordance wth applicable law and regulations. Company law requires the directors to prepare financial ststements for each financial year. Under that law the directors hav8 èlected to pr8pare the finanual statements in accordance with United Kingdom Generally Accepted Accounting Practica (United Kingdom Accounting Stsndards and applicable law}. Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the stste of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: select suitable accounting policies and then apply them conslStently-, make judgements and accounting estimates that are Teasonable and prudent., and prepare the financial statements on the going concem basis unless it is inappropriate to pr8sume that the company will continue in business. The director5 are r85ponsi18 lor keeping adequats acwinting records that are sufficient lo show and explain the company's transactions and disdose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevenlion and detection of fraud and other irregularities.
SHOPMOBILITY MID ULSTER INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHOPMOBILITY MID ULSTER Oplnlon We have audil8d the flnancial slalem8nls of Shopmobility Uljlèr lih• 'company'l lof the y•ar •nd8d J l M8rch 2025 which compris8 , th8 b8lAnc8 sh8el ond no18s lo tho finAnu81 slal•menls, tnr.lurtinq siqnincanl Accounting policies. The financial reporiing Iramework IhAI ho8 belen applip.d In their PfapAfAlion 1$ Applicable law and United Kingdom Accounting Sland8rd8. including Financial Retrf)rlinfj S18ndard 102 The Fin8llCIRI Roporting Slorid8rd applicable in th8 UK and Republic ol Ir918nd IUni16d Kingdom Goner•lFy Accopt•d Accounting Prttlic•l In our opinion the financ181 $181em8nls'. give a true and fair view ol Ihe stale of the compgny's hffAir8 • Al 31 March 2025 4nd ol for the y8ar then ended., have been properly preparod In Bccordance with Unilod Kingdorn G•n•f•lty Accepl8d Acc(Mmling PraclK•. and have beell prepared in accordance with Ihe r8quir6m•nl8 nl thè Companies Act 2C Bas18 lor oplnlon We conducled our audit in accord8nce wlh Intem8lion41 Slènd8rds on AjrtiThj IUKI IISAS IUKII •nd appluble law. Our responslbllitles under those slandBrd5 Bre lurlher dOsCn in the Athyitols rpsft)nwbrtil& lor the au(Jil of the fin8nci81 s181emenls section of our report We Arè Indepondenl of the ¢omphny ffl accordance wilh th8 8lhcal requirements Ihol are relev8nl lo our 8udil ol Ihe financial slalemenls in Ihe UK Including Ihè FFIC s Ethical Standard. and we have lulfilled our olher elhic81 responsibililies In Bccordance th these rvquiromenls We beliève that the audit evidence we have obtained is sufficient and appropriate lo pro¥hJe h bas+$ l(K (xjr opnh)n Con¢lu$lons relatlng to golng con¢•rn In auditing th6 financial slatem8nt$, we have concludad Ihal Ihe directoTr' us• ol COin baws of accounting In the preparatlon of the financial st8lem8nls Is 8ppropnale. Based on the work we hav6 p8rfomi8d. we have nol identified any maleflal uncèrtanl*s relaliry lo èvènts or conditions that, individually or collectively, may cast significant doubl on tho company's ability lo cx)nlinu8 a8 a 9orn9 concem for a period of at least twelve months Irom when the financial 5talernents ale aulnonsed lor Issue Our responsibilities and the responsibilill8s of tho directors vAth respèci lo wng concern are descnbed In the relevant sections of this report. Other infomiatlon The other information comprises the infomiation included in the annual report other than the financial slalemenls and our audilor's report Ihereon. The directors are responsible for the other information contsined wthin the annual report. Our opinion on the financial statements does not cover the other information and. except lo the extent otherwise explicitly staled in our report, we do not express any forn of assufance conClusn Ihereon Our responsibility 15 to ad the other infomation and, in doing so, consider whether the other Information Is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or olhewse appears lo be materially misstated. If we identify such material incon51Stenues or apparent malefial misslatemenis, we arè required lo determine whether this gives rise lo a material misslatemenl in the financial statements themselves If, based on the work we have perfoTmed, we condude that there is a material misstatement of this olhef information. we are required to report that fact. We have nothing lo report in this regard. Oplnlons on other rnattors prescrlbèd by tho Cornpanles Act 2006 In our opinion, based on thè work undertaken in Ihe course of our audit.. the infomialion given in the directors, report for the financtal year for which the financial ststements are prepared is consistent with the financial statements., and thè directors, report ha5 been prepared in accordan with applicable legal requirements.
SHOPMOBILITY MID ULSTER INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHOPMOBILITY MID ULSTER (CONTINUED) Matters on whlch we ar• r•qulred to roport by oxcoptlon In the light of the knowledge and understanding of the company and ils envlronmenl obtained in the cours& ol the audit, we have not identified material misslalemenls in the directors, report. We have nothing lo report in respect of the following matters in relalion to which the Companiès Act 2006 requir8s us to réport lo you if, in our opinion.. adèquate accounting records have not been k8Pt. or retums adequate for our audit have not been received Irom branches not visited by us; or the financial slatements are not in agreement with the accounting records and retums; or certain disclosures of directors, remuneration specified by law are not made., or we have not received all the infomiation and explanations we require for our audit; or the directors were not entiued to prepare the financial statements in accordance wth the small companies regime and take advantage of the small wmpanies, exemption in preparing the directors. report and from Ihe requirement to prepare a strategic report. Rosponsibilities of directors As explained more fully in the d1CtOrS. responsibilities slatemenl, the diredors are responsible for the preparation of the financial slatements and for being satisfied that they give a true and fair view. and for such intemal control as the direclors detemiine is necessary lo enable the preparation of financial statements that are free from material misstalemenl, whether due to fraud or effor. In preparing the financial statements. the directors are responsible for a55essing the companls ability to continue a5 a going concem, disclosing, as applicable, matters related to going concem and using ihe going concem basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no r8alisti¢ altematlve but to do so. Audltofs respon$lbllltles for the audll of the flnanclal stalern•nts Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issuo an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUK) will always delect a material misslatemenl when it exists. Misstalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expecl8d lo influence the economic decisions of users taken on Ihe basis of these financial statements. A fijrther description of our responsibilities is available on the Financial Reporng Council's website at.. https.'Il wvhv.frc.org.uklauditorsresponsibilities. This description forms part of our audilorfs report. Use of our report This report is made solely to the company's members, as a body. in accordance with Chapler 3 of Part 16 of th8 Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required lo stale to them in an audilor's report and for no other purpose. To the fulSest exlenl pemitted by law, we do not accept or assume responsibility lo anyone other than the company and the company s members as a body, for our audil work. for this report. or for the opinions we have fomed. We are also asked to confirm that the grant provided by the Department for Infrastructure through the Transport Programme for People with Disabilities, has been used solely for the purposes intended and in accordance with the tems and conditions of the grant and can confirm this to be Ihe case.
SHOPMOBILITY MID ULSTER INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHOPMOBILITY MID ULSTER (CONTINUED) Erlca Convery (Senlo For and on behalf of D Chartered Accountants Station House 46 Molesworth Street Cook51own Co Tyrone BT80 8PA 10 July 2025 statut vidL ry Audltorl le + Co Ltd, Slatulory Auditor
SHOPMOBILITY MID ULSTER STATEMENT OF FINANCIALACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Dfi restrlcted funds funds Other restricted funds Total Total 2025 2024 Incomlng resources from chaiitabl• adlvldes Funding received Hire of scooterslwheelchairs Transferred lo capital grant 97,598 38.350 135,948 9.564 130.260 7.936 Total incoming resources 97.598 38,350 145.512 138.196 Rgsourc8$ expendod Charitable activities Govemance costs 4,994 41.558 56.040 65,864 3,862 112.416 59,902 112,606 52,754 Total resources expended 4,994 97.598 69,726 172,318 165,360 Net oulgolng resources 4.570 131.3761 {26,8061 127,164) Net movemenl In funds 4.570 (31.376) 126,8061 (27,1641 Transf•r of tunds Total funds broughl forward at 1 April 12,788 47.118 59,906 87,070 Total funds cathod forward at 31 March 17,358 15,742 33,100 59,906 The statement of finanoal activities has been prepad on the basis that all operations are continuing operations. There are no recognised gains and losses other than those passing through the stalemenl of finanaal activilies.
SHOPMOBILITY MID ULSTER BALANCE SHEET AS AT31 MARCH 2025 Unrestrfcted Dffl reslrfcted funds funds Other restricted funds 202S 2024 Total Total Notss Fixed assets Tangible assets 9.820 9,820 11.520 Current assets Debtors Cash at bank and in hand 27 20,233 27 26,155 27 51,224 5,922 20,260 5.922 26,182 51,251 Credltors: amounts falllng due withln on• year 12,902) 12.9021 12,8651 Net current assets 17,358 5,922 23.280 48,386 Total a$$ot$ less curront Ilabllltles 17,358 15,742 33,100 59.906 Funds Unre$lrl¢ted funds General reserves Rèstrictod fvnds 17.358 17,358 15.742 12.788 47.118 15.742 Totsl charlty funds 17,358 15.742 33.100 59,906 These financial stslements have been prepared in accordance with the provisions applicable lo companies subjecl to the small companies regime. The financial statements were approved by the board of directors and aulhorised for issue on 10 July 2025 and are signed on its behalf by: Mf William Mayne MBE Dlrector Mrs Ursula Marshall Dlroctor Company R•glstratlon No. N1637740
SHOPMOBILITY MID ULSTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcl•$ Company InformatSon Shopmobility Mid Ulster is a private company limited by shares incorporated in Northem Ireland. The regisl8r8d office is Head Office, Unil 47 Dungannon Enterprise Centre, 2 Coalisland Road. Dungannon. Co Tyrone, BT716JT. 1.1 A¢countlng convontlon The financial statements have b8en prepared in accordance with Accounting and R8porting by Charitses.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 effective 1 January 20151- (Charities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republi¢ ol Ireland IFRS 1021 and the Companies Act 2006. Shopmobility Mid Ulster meet the definilion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost and Iransaclion value unless olherwise staled in the relevant accounlancy policy note(s}. The financial statements are prepared on a going concern basis. The financial statements are prepared in sterling. which is the functional currency of the company. Monetary amounts in these financial slatements are rounded lo the nearest £. The financial statements have been prepared under the historical cost convention, Imodified lo include the revaluation of freehold properties and to include inveslmenl properties and certain financial instruments al fair valuel. The principal accounting policies adopted are sel out below. 1.2 Fund ac¢ountlng Unrestricted funds are available for us& at the disGretion of Ihe directors in furtherance of the general objectives of the Charity- Reslricted funds are subjected to restrictions on their expenditure imposed by the provSder of the fijnds. 1.3 Incoming resources All incoming resources are induded in the statement of financial activities when the charity is entitled lo Ihe income and the amount can be quantified with reasonable aUracY. The following specific policies are applied to particular categories of income.. Incoming resources from granls. where related to perfomiance and specific deliverables, are accounted for as the charity eams the right lo consideration by ils performance. Investment income is included wn receivable. Any income received by the charity in advance of the due dale upon which il becomes receivable is deferred until that due dale. 10-
SHOPMOBILITY MID ULSTER NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcies {Continuedl 1.4 Resources èxynded Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitable expendilure comprises those costs incurred by the charity in the delivery of its acts'vities and seNices for its beneficiaries. 11 includes both costs that can be allocated direcuy to such activities and those costs of an indirecl nature necessary to support them. Govemance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. 1.5 Tangible fixed asset$ Tangible fixed assets are initially measured al cost and subsequently Measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cosl or valuation of ass8ls less their residual values over their useful lives on the following bases: Plant and machinery Motor vehicles 200/0 straight line 20 % reducing balance 1.6 Cash and cash equlvalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-lerrn liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.7 Financial Instments The company has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the eompanls balance sheet when the company becomes paty lo the contractual provisions of the Instrument. Financial assets and Ilabllitie$ are offset. with the net amounts presented In th8 financial slalemenls, when ther8 is a legally enforceablè right to set off the r8cognls8d amounts and there is an intention to settle on a nel basis or to realis8 the asset and sèttle th8 liabillty simultanèously. Ba$1¢ flnanclal assets Basic financial assets, whlch include debtors and cash and bank balances, are initially measured at transaction pnce including Iransacllon costs and are subsequently carrfed at amortisgd cost using the effective interest melhod unless the arrangement conslitules a financing transaction, where the transaction is measured al the present value of th6 future receipts discounted at a market rale of interest. Financial assets classifi8d as receivable within one year are not arnortlsed. Classlll¢•tlon of Iln•nclal Il•bllltles Financial liabilities and equity instruments are classified according lo the substance of the contractual arrangemgnls entered into. An equity instrument is any contract that evid8nc8s a residual Inte$1 in the assels ol lh8 company after deducting all of ils liabllilies. 11
SHOPMOBILITY MID ULSTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnuedl Basic financial liabilltlos Basic financial liabilities. including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised al transaction price unless the arrangement constilules a financing transaction. where Ihe debt inslfument is measured al the present value of Ihe fulvre payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instrumenls are subsequently carried at amortised ¢osl, using the effective interest rate method. Trade Creditors are obligation5 to pay for goods or seNices that have been acquired in the ordinary course of business from suppliers. Amounts payable ar8 classified as current liabilities if payment is due within one year or less. If not, they are presented as non<urrent liabilities. Trade creditors are recognised initially at transaction price and subsequently measur8d at amortised cost using the effective intere$l methcwj. Changes in the fair value of derivatives that are designated and qualify as fair value hedges are iecogni5ed in profit or loss immediately. togeth8r with any Changes in the fair value of th8 hedged assot or liability that are attnbutable lo Ihe hedged risk. 1.8 Employ99 b•nofit$ The costs of short-term employee benefit5 are recognised as a liability and an expense. unless those cost5 are required to be reco9nised as part of the Cost of stock or fixed assets. The cost of any unusèd holiday entitlement is recognised in the period in which the employe&'s services are received. Temination benefits are recognised immediately as an expense when the company is demonstrably committed lo lemiinate the employment of an employ&& or to provide temiination benefits. 1.9 Retirernent benefrts Payments lo defined contribution retirement benefit schemes are ¢harged as an expense as they fall due. 1.10 Government grants Grants are credited lo deferred revenue. Grants towards capital èxpènditure are released to the income and expenditure account over the expecled useful life of the assels. 12
SHOPMOBILITY MID ULSTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Analysls of resources oxpended Resourc•s •xp•ndfrd 2025 2024 Charltable actlvltlès Direct costs Wages and salaries Employerfs Nl contributions Volunleer expenses Staff pension costs Depreciation Support ¢osts Management Faithill premises Magherafelt premises Dungannon premis8s Hire of premlses Insurance Motor and travelling expenses Project evaluation Printing and stationery Advertising Telephone and internet 39,103 4,141 202 939 5,250 34.880 3,558 514 859 13,051 1,862 14,430 360 231 32,600 2,757 3,891 4,843 28,750 4.905 3,032 3.100 1,163 2,839 4,464 4,855 1,402 2,449 4,792 Total 112,416 112,606 Gov•mance costs Wages and salaries Employerfs Nl contribution$ Staff pension clS Audil fees Sundry expenses 53,143 3,568 671 2,520 46,795 2.901 538 2,fA6 Total 59,902 52.880 Total rnsourcos èxponded 172.318 165.486 Analysls of Incomlng r8•ource• 2025 2024 Incomlng rosources In¢omlnq rnsources from charltable acelvftles D6partment for InfrastruGlure National Lottery Communily Fund Halrfax l Lloyds TS8 Foundation Mid Ulsl8r District Council - In Kind Preml$es RUAS Hire of scootersfvihaelchalrs 97,598 63.841 34,294 4,825 22,500 4,800 7,936 3,550 30,000 4,800 9.564 Total Incomlng r•sour¢•8 145.512 138,196 13-
SHOPMOBILITY MID ULSTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Doficlt 2025 2024 Deficit for the year is ststed after charging= Fees payable to the companrfs auditor for the audit of the CoMpanS financial statements 2.520 2.646 Tanglble flxed assets Plant and machln•ry etc Cost Al 1 April 2024 Addilions 94.087 3,550 At 31 March 2025 97,637 Depreciation and Impalmient At 1 April 2024 Depreciation charged in the year 82,567 5,250 At 31 March 2025 87,817 Carrying amount At 31 March 2025 9,820 At 31 March 2024 11.520 Deblors 2025 2024 Amounts falllng due wlthln ono year. Other debtors 27 27 Credltors." amounts falllng due wlthln one year 2025 2024 Trade creditors Taxation and social security Other creditors 32 351 2,519 32 313 2,646 2.902 2,991 14-
SHOPMOBILITY MID ULSTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Movements In funds onIng Incomlng balanco r•sour¢es Resources Transfer Closing balance ¢xponded of fund5 Unrestrlcted funds General funds 12,788 5.022 17,330 Reslrict•d funds 47,118 38.350 69.726 15,742 Dfi Restricted fund$ 97.$98 97.598 59, 145,512 172,346 33,072 Analysis of nol assots between funds Restrlcted Unrestricted funds funds Total funds Fund balances at 31 March 2025 afe represented by.. Fixed assets Oebtors Cash at bank and in hand Credttors- amounts falling due within one year 9.820 9,820 27 26,127 27 20,205 5.922 12,902) 12.9021 15.742 17.330 33,072 10 Employees The average monthly number of persons (includiThJ directors) employed by the company during the year was: 2025 Numbèr 2024 NUfflr Total 1s-