Life and Time IA cixnpany Ilmlted by guarantèe, not havlng a shaTg Capital DIRECTORS, ANNUAL REPORT for the finandal yèar anded 30 September 2023 Th6 dir8Ctors pre59nl Ihglr Dlrector8' Annual Report, combining the Dlractors, Report and Trustees. Report, and th8 unaudited financlal statements for the financial year ended 30 September 2023. Thè financial statements aré prepar&d in accordan¢e with the Companies Act 2006. FRS 102 "Th8 Flnancial Reporting standard applicab18 in th8 UK and Republic of Ireland" and Accounting and R8portlng by Charftles.. Slalemenl of ReMrnended practi applicab18 to charities preparlng their financial statements in accordance with the Financial Raporting Standard applicable in the UK and Republic of Ireland IFRS 102). The Dlractors, Report contains the inft)rmatlDn raquired to be provided in the Dlrector8' Annual Report und8r th Statement of Recommended Pracllce (SORP) guidelines. The directors of the company are also charity truste88 for th8 purpose of charity law and under the company's constitution are known as mémbers of the board of trust88S, In this report the directors of Life and Time present a summary of its purpose, gov&manca, 8¢tivities, achievements and finances for the financial year 30 Septèmber 2023. The company is a registsred charity and hance the report and results ere presented in a fDrm which complies with Ihg requirements of the Companies Act 2006 and, although not obllged to mplY with thé Statement of Rècommended Practice appllcable in the UK and Republic of Ireland FRS 102, the organlsation has implemen18d ils racommandations whar6 relevant in these financial statements. Review of Actlvltles. A¢hlevem¢nts and Performanca Th8 Directors ar8 pl8as8d to report that our service contillU88 tD be needed and plans furtherexpan&ion lo the Mournes area in 2024. From the commencemant of our service we have d&liver8d up lo and Including 30th September 2023 end of life care s8rvices lo 149 patiènts and thelr families over 1,936 nights %thth 570 homè visits in cur iwo districls in the South Down area . We have continued our strategy of public education In palliative care and advanced care planning which Is In Ilne with HSC pollcy. We have provided pres8ntation8 and opportunities for dlstyJ55i0n at many community groups and have mora planned over the coming year. We have funded sav8ral professional development courses for staff and other service providers in the area. We continuo to support our nurses in achieving European Palliativ8 Care Certificallon and Post Graduate part-lime cours85 al local Univ8rsitie8 wh6n d8slrad. Flnan¢ial Review Our fundraising model has matured somewhat in that the Commltlee have not had lo directly raise any funds for some time. Donatlon5" in lieu of flowers. or.in memory of arè n¢)W the main source of income which is 88tisfaclory at present. Th8 dir&ctors have rjelivered cn retention of a Suitable amounting to {at least) six months running costs. thus allowing for axpansion of services In the Moumes area.. Financial Rb8uIt8 Al the end of the financial year the company has assets of £275,887 (2022 - £178,991) and liabi11og5 of £14,83212022 - £5,422). The Del assets of th@ company havg incrèased by £87,486.
Life and Tlma {A company Ilmltsd by guaranlw not havlng a share capltsll DIRECTORS. ANNUAL REPORT for th8 financial year ended 30 September 2023 Prlnclpal Rlsks and Uncertalntles The directors have consldered the major risks to whF¢h the charity 18 exposed. Major rlsks which have been id8nllfi8d and discussed by the dlrectors include.. 1 Loss of reputation, perhaps due to advers8 publicity or sarvlc8 failures, leading b a fall in public confidence in tha charity and a consequent reduction in voluntary incorne 2 In¢r&as8 In sarvices by other sectors such as Mari8 -Curle might have a de5tsbilislng effect 3 Récruitrnent of sufficl8nly skilled and quallfied staff lo d81iv8r carè 4 Injury to Lonè Working Staff is an ongoing risk and poli¢i98 are in plac6 to mitigate sam8 5 Aftera hiatus in 2020 caused by the global pandemicwe reSed nomial 8erMc8 in 2021 and hava Sin expanded into a new di$tric( Ralhfriland, Hilltown & Mayobiidya IRHM), and plan rther expansion in the Moum&s aréa In 2024. The Dlrèctors take all appropriate steps to moderat8 and manage the operational rlsks to which volunteers, staff and assats of Life and Time ure expo3ed. Having CDnsKl8r6YJ all the identified risks, the Directors do not consid8r th&re lo bè a risk to the on-going status of thè organisation al this lima Future Developmgnls Life and Tlme intends to continue its worf( in small community group settings. A standard format of talkl disujsslon has been developed so il can be delivered by any memb8r of thè committee. Thls was interrupted by COVID bul has slnce be8n reinstated. Life and Time plans to continue provlsion of ils servic8 wthin th8 Watrènpolnl Burren & Rostrevor IWBR} and Rathfri1aJ, Hilltown & Mayobridge IRHMI areas and has m@t with 8takehoklers In the Mournes area, held public rlleetings and commencod recruitment of staff with a view lo expansion into that aTra In 2024. We aim to increase awaren888 and provide education wlthln our wmmunity with regard to all aspecEs of palliatlve and end of life Gare through Ihe medium ot public maètlngs, social medla and our website. Covid affected our ability to deliver public education events how8verwe hav8 baen able lo reengage wilh our communities throwJh these mediums. We are curTenlly rolllng out a new pilot for a new facet of th6 sèniice, Family Outreach Suppcirt, which will mean that any family referred lo Life & Tlme, will have a limited nurnb8r of vigits from a L&T appointed Social Workerlcounsellor to h81p support Ihern whilst a famlty member is being given End Df Llf8 Care. Dlrectors The director3 Ytho Served throughout the financial yéar, expt as noted, werp 88 follows.. Dr Henry M¢Laughlin Mr Btlan sIllon Mr Martln McGinn {Resigned 23 May 2024} Mr John McGinn Compllancè wlth Sector-Wld• Lèglslatlon and Stsndard8 The company engages pro-actlvely with legislation, 3tsndards and codas which ar8 d8V8loped for the sector. Life and Time subscribes to and Is compliant with the following.. The Companies Act 2006 The Charities SORP {FRS 1021
Life and Tlme IA company Ilmltad by guaranloo, not having a share capltsl) DIRECTORS. ANNUAL REPORT for tha financial year ended 30 September 2023 IrThvAd liv •ha Rr*avd rtf niractors on 14 June 2024 and signed on Its bèhalf by.. Dr Henry McLaughlin Dlrector 104 rfan Sculllon JTotOk<.G._ MrJohn McGlnn Dlrector
Llf8 and Timo (A company limited hy guaranteA not havlng a share capltall STATEMENT OF DIRECTORS, RESPONSIBILITIES for the financial year end8d 30 September 2023 The dir8clors are SponSible for preparlng the flnancial statem8nls in accordance with applicable law and ragulations. Company law requires th8 directors to prepare finan¢ial stat8m8nts for gach financial year. Underthat law the directors have ele¢ted to prepare the financial statements In accordance with Unit6d Kingdom Generally A¢cepled Accounting Practlce (United Kingdom Accounting Standards and 8pplicabl8 lawl including FRS102 "Thè Financial Reporting Standard applicable in the UK and Republic of Ireland" Under company law the directors must not approve the financial statements unless they are satisfied that they gfve a tru& and fair view of the stole of affairs of the company and of the n&t income or expandlture of the company for that period. In preparing thes8 financial statèrnenls, the directors are r8qulrad to.. select suitable accounting policles and apply them consistently; make judgements and 68timates that are reasonable and prudènt., state whether the financial statemgnts have been prepared in accordan¢6 wth the relevant financial r6porting framework, identify thos8 StaThlards, and note the effect the reasons for any material departure from thos8 standards., and prepare the finanual ststements on tha going concern basls un1888 It is inappropriat& lo presume that Ihe company wlll continue in operation. Th6 directors conflmi that they have complied with the abov8 requirernents in preparing the financial stataments. The directors ar8 responsible for keeping adequate accounting reconls that are sufficionl to show and explaln thè company's Iransaction8 disclos8 With reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply wilh. They are al80 Trsponsible for safeguarding lh8 a88ets of the company and henc8 for taking r&asonable steps forthe prevention and d8t6Ctlon of fraud and other irregulariti8S. ctorg on 14 June 2024 and slgned on its behalf by: Dr Henry McLaughlln Director S..11. Mr Brian Sculllon Ictor Mr John McGlnn Director