COMPANY REGISTRATION NUMBER.. N1028090 CHARITY REGISTRATION NUMBER., 107Q44 Law Centre {N.l.) Company Limited by Guarantee Financlal Statement5 31 March 2024 Finegan Gibson Ltd Chartered accounlants & statulory auditor Causeway Tower 9 James Street South Belfast BT2 8DN
Law Centre (N.1.) Company Limited by Guarantee FlnanGlal Staternent8 Year ended 31 March 2024 Pago Trust68S' annual report (Incorporatlng the dlrector's report) Independent audltor'8 report to the mambers S18tem8nl of financlal aGtivities (Includlng Income and expendlture account) Statement of fin8ncial poslllon Statement of cash ftows 14 15 16 Notes to thé flnancial statements 17 The followlng pages do not form part of the flnanclal statements Det811ed statement of finanGial activities 31 Noles to the detailed stat¢mgnl of financi818ctivilies 32
Law Centre (N.1.> Company Limlted by Guarantee Trustees, Annual Report {Incorporating the Director's Report) Year ended 31 March 2024 rhe Iru91ee8, wlio are al$0 Ilie dlroctors for the purp0588 of cpmpany law, pres9nl Ih•lr raport and Iha fln8nclal slalemènl$ of Iho ohorlly for the year anded 31 MAvch 2024. Rg19r8nco and admSnI8tratlvo dÉ*tail¥ Reglstèrèd eharlty nam Law Conlre (N.I,I 107044 Charlty reglstrallon numbAr Cornpuny rogl$tratlon number N1028090 Prlnclpal offlc¢ qnd rg918tgr•d Wesigalè14ou88 ofllce 2nd Fluor, 2.4 Quo¢n Slreel Bnllasl BT16ED Tho tru8tO08 Anyadlke-Danos T Evan3 E McGulnn05iS P Mcmahon P Qulrk P Gollon J Donaohy F Greene L Har)iia M McGulgin (Rèslqned 4 July 2023) Audilor Flnègan Gib5tM Lid Charte)red ¥cboiinlanl3 & s1glulory auditOT CIlUSeway .1 awer g James Street Stsulh 8T2 8DN 13ank•rs Unlly Trust Bank 9 8rlndley Place Blrming1)am B12H8
Law C8ntr9 {N.l.) Company Limlted by Guarantee Trustees, Annual Report Ilncorporatlng tho Dlrectorfs Report) ¢¢onflnu4dJ Year ènded 31 March 2024 Stru¢lure, governance and managémènt Key Management p•r8onn•l Olffjclor lJlr¥cltJr uf Lugal S¥rvlces Direr,ior of Innovation & Eng8g8ment 14ead of Flnai)ce & 8u81na&& SÉNlee$ Ursulè O'Hir¢' Sarnanlha Park Sarah Corrlgan Julle Wilkin$(Jn 'Tlie Chi81 Exe¢ullve oincor wlll loavo Ihe Law Conlro e+1 th¢ ond ol ?0?4 and fe¢rulimenl Is undoNpy for 4 nvw CEO lo lak9 UP Pos1 in 2U25, Govomlng documant Law C8nlro Nl Is a comp8ny Ilmll&d by guaraniè& and IB govaméd by Il# Artlc1•8 and Momor8ndum ol A$iTr¢ieJAllon dAled June 1994, Tho Conlre is a roglslered Ch8rily Wilh HMRC 9nd 1110 Northarn Irelond Chsrlly Conimlsslon. Tl7e Artlcles Memtxandum of A3goci81ion ar? CUtlY undorgolng a review by the Board. Appolntment of trustees The Management Commlttee (Board). whp aels a5 tho dlro¢lor? of Ihg company, &re elected by th¥ Law Cpnlr8 mBmber¥ and rn¢mbef5 may a150 b& co-opl&d 10 Ensur8 Ihe Board benollls from a dlveisi r%ingtJ of ¢elevanl skills und oxporionGc. Al 31 $1 March 2024 Ihff Buard178d 9 members. The Board has PIDns lo Incroos• Ils membershlp lo ensure a wlde rangè ol sklllg 5uppori the fulufo plans rjf the charity, Trustoè Inductlon and tralnlng Tralnirtg and suppvrt lo tho Buard i¥ Drganlipd, a$ rLryqulrgd. A rogl$lÈr ol Inlgresls 1$ 9130 moinlalned. Arrangoment¥ for sottlng pay and rgmungratlon of koy mJnag0ment personnel P¥y for the 58nlDr staff leain Ss sel by the Board Iii Ilne wllh NJC 5c810s, OrganlBatlon slructurè ahd how the charlty makei decl8icns The aoard meets ai least 7 Ilmes per ytar lo 8el Uie strelegy for the of9anlsallpn lo roGBIVQ r8port5 on Ihe oporallonal acllvlly of the Gharlly Incliiding financial rÈport$. An Exgculive Working Gn)up supports the Board In exerclslftg ils dullès lo engur8 good govern•nre. Truslees 9Iv8 of Iholr Ilmo freely ancj no Irusloo rr9¢QiVod rgmun¢ralion ill the ye3r, A Dlreclor IChl8f Executlve Offlcèrl Is ppoint¢d lo managg Ilie d8y-Io-tJay bu5iries5 of Ihc charily pnd r¢ports lo Iliè Board. Rfilatloi)Blilps wlth related partles No Iruslee lias benefiled Irnm Ihelr rel8lk)nshlp wllh Law Centre Nl, Law Céntre {Nl) Is a mombgr ol Ihe Low Cènlre Nabmork, a UK wldè body oflaw ¢enlres. Rlsk Managemont Th8 Irusloo5 milntuln a risk regisl¢r which examin4$ Ihe maior rlgks Ihat Ihe organls8llon la¢96 In118 operallons. There Is o 8ysiem lo nionltor and eonlrol the8e rlsks lo mlllgale any Impact that Ihey could havo on th¥ organisalion. Tho $8clor a8 a whole and IMO nol-for-profil logal qeclor In p8r11eular, conllnues lo feol the Inipacl Dn seNiGe dclivory ol w¢ruilrn¢nl and r8tenllon ¢hallonges 8nd 1118 risk is exacoibaled by uncompelliive 5alary18vels, p8rtlciilarly for sp#¢lallsl legal po51$. In the lony.l•rm 51ralogy fvr 01)$iiring a 8iislaln8blo plpolln8 Df future 80cI81 justlce lawyer515 ¢rillcal lo Ihe non.profll leg815eGlor an¢J In Ihls reg8rd, L8w Cenlre's PQrtnor?hip wllh ouepn's lJnlv•r81ty13 Inslrucllvo
Law Centre (N.1.) Company Llmited by Guarantee Trustees. Annual Report {Incorporatlng the Dlrg¢tor's Report) f4an¢lnu•rt) Yèar endèd 31 March 2024 Oblo¢tlvo$ and aGtlvltle$ Tlie ¢oro objwGliv¢s of Law Cenlio Nl Mro: 111 (he rollof af p0r5ons in nocFssilous clrcumslaiic85 resldenl or worklng Iii North8rn Ireland by provldlrtg sucl) persorns wllh leg81 SQTvlces or advirp. ijpfin Idfins approi)rlal8 lo Iht4lr mfielns; (2110 8dv¥iicg Ihg educallon of persan$ rmsldunl or worklng In Northorn Iroland, Tlieg6 objecllves alé primarily promolod Ihroiigl) the dellvery ol iÉ free and indgpondonl roglonE4118g81 pnd Asslslon¢o sery1¢g lo mèmbers of Ihe publlc 8nd on relerfal from advlsers vs w&ll as legll reprcsenlation In key areas ol soc181 welfa¢e law., soclal Seeurily, ernploym8nl law, 88yIuin, Immlgrallon and Irallloklng low. Olher key obleclives In¢lud¥'. Tp progross complex and or 3tr81gglc cages whlch mak8 a wlder Slroteolc dlfference lo Ihu3E livlng In Northern Ireland., To inlluÈnc8 anrj develop law, policy and praclice In oiir areas of lègal pracllce lo achlev8 legal nd policy outcomes acros5 communllles 8nd lo help ch8nge Ilve5.' To In¢roa$¢ public Awareness and underslandln9 of law 11)rougi) a¢¢è8slblè publlo leg81 Inforinullon To promotQ 8xsellence In the Nl odvlce sector by supportlng Ihg sgclor wlh Ibg81 updates through tralnlng, #dvlsèr nètwotl< convpning$ and ciiJ81ily 84%iirinLe,' To suppurl odvlsors to delSvgr ggnerallst advlGg sgrvl¢L4$ by provldlny prJLllllc>ner Information r950urces lallorffjd lo Ihplr work,, To dgvelop the so¢lal Jusllce lawyerg or Imé lulure, by pravldlng cllnl¢al18gal practlc8 OPPOrtunlties (ar SIdentS. leg1$ l advico appronllco5hips and volunluors- To incroasg the publlc awareness of the organ15allon anil thg Wofk we do so Ihal p¢ople aro aw¥rè ol Ilie Law Cenlre seIc&S a¥ IhG regioridl low cenlre In Nl, Slro¢oglc roport The followlng sections lor 8chièvemenls and performafice antJ flnancl81 review form Iho slrelegic roporl ol Ilie eharfly.
Law Centre (N.1.) Company Limited by Guarantoe Trustees, Annual Report Ilncorporatliig the Dlrector's Report) f¢gnriuuod) Year ended 31 March 2024 Achl8vemonts and p8rform4rrc• Sorne of the key 8chiiv8m8nls Ihls yèar wore.. I, Pfovlc¢ed loual h8lp lo 3,500 peop18 In respect ot Ihelr legal needs. represonling cllonls in 454 Eg¥ps and supported cll8nls wllh casework asslslance In a further 7D1 Instances. 2. Provided 19,093 ploc&8 of sdvlce lo people IlvSn9 lil Northern IrÉl8ncl In resp6cl of Ihelr leo81 eniiil¢manl$. 3. S8cur8d nnanGl&l oul¢omes for of £1.5 mllllcn for our cllenls 4. Loo&1 chullEsngo8 in Iho publlc Interest addrcssod Iho appllcllllon of guiejance on how Chlld Benellt should bè awarded in cases ol Éliarod custody wl)ore banofil IB PBid lo the hlghor earn8r and Iho Inrorroel appllcallun of secoridary #ioclul becurlly legls18llon Ihal had Ilie arfact of wsihhuldlnu dlsabillty benalils which was Incompailble wllh hiiman rlghis IMW. Other l@g1 Ghallongos focused on enlillemenl lu Cosl ol Llvlny Paymen15 for a homelos8 P81'srJn and refusa18 of berBavf nt benoflls, 5. Supporleci fronl.llna advls8rs and the sector Ilirough the dellvery of w8blnarJ. onllno Irainlng 8nd Inform411on •v•nts icros3 all our areas of l#gal work. 6. ProduGgd 36 accesslble leg81 InlDfmalion ro5ourGe¥ for o¢vl$ers and the publlc to Inform Ihem abuul cliArigeG lo Ihe12w ACfOSS our Areas of wtsrk, 7_ Had 9,5ao user8 &c¢ess our web8110 and aclileved 249,120 Impr8ssiOn5 a¢ro$$ our ènllf8 $ocIO1 rnadia plarforrn$ . 8. Socured changès lo IBW and policy that Improvo pecpi6'5 livfjs, including fast Irack uccess to benellls for p@opl9 with newly grantgd rofu900 sIHlu8 and lu guldance on d15abilily b8nef115 a5ses5m¥nl 11)al will li¢>lp advlsers beller support Ilielr Gllgnts. Olh8r pollcy work ¢enlred on IIiB In)pacl of Wgslmlngigr immigr8ilon logi8lsilon In Nl kjnd Dn 8 Nl dfAft Refug88 Inlegralion Slr?logy and we socured 5UPPOrt for free travel for R$ylum $8okors pilot. 9. Collllnued to188d th$ Relugee & Asylum Forum and produ¢od a now 'vlslon' ol agrood 'Priorllles lor Action, and convenèd the Clllf Edga Co<illllon Ii) 11$ work lo ralaln and 51ronglhon wal(are refprm miligdlloiis for p80pI8 Nl. lo. PrDvidEd SPQGloli¥l logal holp and rnulll-liriguAI leg81 e¢Yucatlon roEourcos lo p$ople siokln9 $8n¢luary in Nl at comrnui)Ily locailons across Nl and continued lo provlde legal halp lo Uk(alnlans who Ihe wor 60 IhBy Gould ros0111o In Nl 11. Dellvarod Our Annuèl Soc181 JusIIc8 Lecture, glven by Prof?ssor Slr Michagr Marmot on Soci21 Jusllce & HcBllh Eqully gnd our Annual R8lugee Week Lecture, glvgn by the UNHCR R8pre3enlallvo lo Ihg UK, Vlcky 'fgnnanl. 12. D8liv8red our Clinlcal Law Programmo wilh the School ol Law, aueon's Univ8r8lly Belfasl, providlng opportunlty to a Ilnal year Coliorl of law bliiderils Ip expèrlenca soclal ju$lice law work. 13. SecLired Ihè firsl Juslieè First Féllowshiplskadden JUST Fellow in Nl Ihrough the SLiPPert ol Tha Legal Educgllon Fouildallon Ihal conllniios lo bulld 11)& next generallon of sooial lu8llc& lawyérg.
Law Centre {N.l.) Company Limited by Guarantèe Tru8tee8' Annual Report {In¢orporatlng thè Director's Report) (GonilnvFdJ Year ended 31 March 2024 Full del&ll$ on 811 the work Achlev¢d by Ilie Law Contre for th8 pgrlod 2023124 Is publlshed In our Annu81 Imp8Ct Rhvltsw. Flnaiicial rfjvl•w The Law Centre coniirtues lo be lunded by dopartm8nlal ag9nclo& Bnd a number of phllanlhropic funde¥s. This yoar departmental support accounls for 89Vg ol lolal incorne and Is lunded Ihrotjol'i Ih Department lor Communillos, Dep#rtmonl for EcJn¢my and The ExeGullv& Offiaa. Phllanlhroplc funders acrounl for Z?U/o ond includes SUPPOrt from The Oak Found81ian, Thg L8gBI Educallon Foundation, AB Charitable Foundation and Ilie Justice Togelher Inillallve. Soll-gongraled Income accounts for 9'/ts of our In¢omo 1)nd Is aelilejved Ilirauoi) the dellvery ol aervlc includlng Iraliiinu, conf&rencos, memborship &n¢S leg913ervlceB. A dalalled vi8w ol Ihe finanelal slalomtsnls for Iho r@portinG perlod Bre sel out HGross pagos 14 29. In ¥ummdry, wo ure roportlng a nel surplus of E32.556 wllh a fund balance 01 £6'11,912 al 3181 Muruli 2024 {2023-. £579.3551. After Iran$ftsr6 mL4do In year Iho compn611e of Ihls balancry 15 unrg5tricted £356,296, r8strict$d £1 lJ2,71 J 8ncl dcsignalcd funds r72,901. Fun(Js yeneralld from Iralnlng ¢onilnur4 ttj be rlng-fgn¢èd In a dè31gnated lund lo be usad solely lor Ihp furthoruncfy and devolopfflenl of Ir?Inlno. TIIIB is In 8ccordance with the requlrement5 of curianl VAT18ylslallon, to gnsurg that lulure Irdlnino inGome ¢onllnueB lo •x¢mpl for VAT purpose8. The total rjesignaled furid for Irminlnu purp0565 is t52.1E4. Roserv•6 Pollcy and golng concgrn The Tru$lee$ re¢agnlso the need io ensure an approprlale level of r8sorves to $8f¢guard th8 charity agalnsl any Iln)e lapstr In fundlng and aiiy further roducllDn io r8soiJrces. The current polloy alms 10 8clileve a reserves lar901 Ihal ropresonls at least 3 rnonlhs opcratlng rcsls. Al tho ropurllng d&1@ thé 'fro¢ rcsrrve?, balaiice lunreslrlcled reserves less de51gnated ros8rves18ss fixed assots118 £331,448. The rosoryos pollcylg kèpl under rev16w &nd Is revSavied annually. The Tw6lee$ have consldered going concern in the Pfep8rallon of Ihèse s18lemènl6 and Idgnufy nu eoncBrns.
Law Centre (N.1.) Company Limlted by Guarantee Trustees. Annual Report (Incorporating the Director'8 Report) (¢onllnuodJ Yoar endad 31 March 2024 Plans for future perlods riia Cenlre's new Slralegi¢ Plon 2024-2028 has b8qn dgveloped whlch wlll gulde Ihg strHl8gi dov¢lopmeill of our work ovor the next five yeafs as we Inove towards celebrallng our 50111 annlveisiry, A reviéw ol our Mèms & Arts Is also und8rw•y and the Board's Inionlion 1$ lo lurth¢r •xpand 118 meihbershlp lo rollKI a wido rango of skllls for tho b&n8llt of the Charlly. In 2026, a new CEO and DireGtor of Leg81 wlll take up po$1 followliig exiernal rerfullm¢nt. We Lonilnue lo develop our Clinlc81 Law Programma wilh li1181-yD8¢ law $ludenls from Qugen'8 Universlly 88llasl Law School. Thls Is a vllal prolgcl In suslalnlng & plp8llne of fuluro sociBI ju51iGfj lawyor5 who wlll be Ihe next gènerallon ol soclal wallarg law provider5 In Nl. Wllh a slgnin¢anl Increase In the number of asylum saekers and refugÈes In Nl, wo 11 Gontinue to Incre950 1110 capaclly ol our Migrèllon Jusllc6 Prol6cl and are gralelul lor Uie on-golng 5UPPQrt of Tha Oak Found3llon. The Ex¢¢vllve Offico and Iho Jusilw fogolhcr Inliiallve In Ihls perlod. In Ihe fprthcoming pgrlod, our Justice Together Project wlll bulld communlty.bas6d capacily so that seNicos ¢onllnue to op8rBl8 on ¥ raglonal b8s1s. In line with nul¢omfj.basdd accvunl<ibilily vnode15 for publ1¢ funding, wo wlll prc)gr88b our demonslrall()rt work of the impa¢l and value of sp¢clallsl legal $8rvlces across commun11108 In Nl and wlll If8nsfurm our Irelnlng seNlces wllh 11)È generous &upporl ol the Oorin8nl Accoun15 Fund. Wa wlll sus13in our commilmenl lo Ihe core vuluo ol worklnfj In p•rtner$hlp wilh nlhors. Wo wlll conlinu¢ lo mcnilor areryi .4 of unm¢yl log•1 nood and dovglop appropriate rosponsos bJsecl In th¥ n¢od5 01 Iho conimunllle$ we Gerve. We wlll conllnue lo convene Ilie Reluoee & ABylum Fortsm as w81105 the 8merglng Wofk to En¥ure Ihal Ilved exp8rl8nc& on ralugeè ond asyliim Issu06 In Nl 16 ali inlggral part ol p¢llcy dgv9Iopmonl In Nl. We wlll also conlinue 10 5UPPOrt Ihe work of Ihe Cllff Edgp Coalllion In115 advoGaey for an 8ffectlvo sorial securily s8foly n81 1} Nl lo prulfjcl pevplfj fT¢)rn pov8riy, Tru$t••8' refyponslbllltlos statemont Th¢ trusl888. who dro also diroclorÉ for tho PUfPOSQS of company law, afe re9ponslble for prepariny Ilie Irus1(ges' report and the linanttlal $18lements In accordance vlih appllrable 18w and Unilod Klngdorn Accounlln9 SlanEYard$ ¢Unll&d Kli)#dom Generally Acc8pl8d AGGOLinllng Prll¢llcel- CoMpAny law raqulr#8 the charlly Ir(Isloos lo prepari Ilnancial 51alerntnls for eacli year whlch glve truc Bnd f8lr vlcw of tho 51&lG of 8ffairs ol Ihc Gh•r(lablo ¢Dmpany and the Incomlng r950urc85 arid 4ppliGalion of r8sourc9s, InGludlng tho income 8nd expondlluro, for IhBI period.
Law Centre (N.1.) Company Llmlted by Guarantee Trustees, Annual Report (Incorporatlng the Dlrector'$ Report) IGontlnuvdJ Year ended 31 March 2024 In ptoparlng Ihosfy fin&nGiFJl 51ptemgn15. the Iru¥te85 ore required lo.. solocl suli8blc aGGounllng policies and thon gpply U)em conslslently; observe th¢ mclhods and pdnGlples In the appllcable Charltles SORP; m4he ludgmcn15 8rTrd accounllng esllmales Ihal are reasonable and PTudonl', stale whelher appllcable UK Accounllng Slandards l)ave been followod, sublgcl lo any mgtorial dparlurQS di$c1050d ond explalnod In lh9 financlDI $191gnignls,' proi)a(o Iho finBnci&l 81glomcnl3 on going ronGorn bo8ls unlc¥s il i¥ in8pproprlal8 lo prosumo th81 the charliy will Coiiunue lii buslnèss. Tho Iruslees are ra9ponsible for keeplng adequate accounllng reeords Ilial are sufficlonl lo show and Aplain Lhe ol)arily's Iransacilons ond discloso wSih masonablu a¢GUfacy al any liine the ffrHncial posllion of the Ghir rily and enable Ihem lo ansiirp Ilial IhB finriiiclal slaloinonls cotnply with the Companles Act 2006. TI)ey Arè 81s0 responslbl8 lor $8fegu8rdlng the assets ot the churlly und hen08 for laKln9 reasonEble sit)ps for Ilio provonlioii and (l¢l¥clion ol fraud and clher Ifiegularlll&s. Audltor Fach of Iliè persons wlio Is ¥ Irusleo 01 Ilio ijole of approval ol11)Is report ronlmis that., so lar 08 Ihpy aro awai?, ihorq Is no rolevonl audit Informillon ol whlch Ihe Gh4rlly'S audllor Is unawBre', and they have taken all slep5 Ihal thpy ought lo have taken as a Irvsloe 1¢ make Ihaniselv98 away¥ of Sny relèvant gudll Informallon and lo oslabli8h Ihsl th8 ch8rliy'5 audllor is awarg of Ih8t inloimglion. The Iruslgws. pnnuol report Jnd Ihc slr8leglc r¢pDrl woro ¥pprov8d on 13 Novgrnber 202d and signe(i n behalf of the board of trustee J Doi)agliy Tru81ÈÈ
Law Centre (N.1.) Company Limlted by Guarantee Indop8nd8nt Audltor's Report to the Members of Law Centre (N.1.) Year ended 31 March 2024 Oplnlon We havo audlled the flnanci8161alomenls ol Law Centre {N.l.I Ilho 'ctiarily'l for th8 ygjr ended 31 March 2024 whlch oompriso Iho statement of flnaiiGial uEllvllios lincludlng Income and expttndliurtt aceoui)11, slal¥monl of f5nanclal position, slalttmenl of ca8h Ilows and tho r818led noles, Includlng Summary of slgnlllcanl accounllng pollclos. Tho nnanclal reporllng fromowork Ihal has boen 8ppli$d In Ih61r preparailon Is dppllcable law and Unlled Klngdorn Accounting Standard6, Includlng FRS 102 The Finhn¢iÉil RepurtlnEJ Standafd appllcabl¥ in Iho UK and Republlc of Ireland (Unlled Kingdom Gonèrally Accepted Accounllng Pra4llrcl. In our oplnlon the flnAn¢l01 slalomenl5'. glve 8 true ai)d falr vlew of the 51ale ol Ilie eliarily'$ &ifÉii¥ a$ al 31 Marcli 202gl and ol Ils InLI()Mino rosourc85 and 8ppllcallon of r8sourcrJs, In¢ludlng its income and expondllure, for lh8 yèar then ended,, havo been prgperly propurod in accordan¢¢ with Uniled Kinodom Gcngrdlly AGGepled Aceounllng Pra¢ll¢o; h8vè b6on propEir¢d In acGordance wllh Ilie rrgulromcnls of lh¢ Companlo5 AGt 2008. Basls for opinlon WÈ toiidLttr,1od our audil in accoid8rtce wilh Inlem?lionol Slandi¢ rd5 On Audlllng IUI<) IISAS (UK)) and appllcablB 18w, Our responslblllllos under those 5tandard$ 8ra further deÈoKlbed in the atsdllor's raspon8ibililles for tho audit of the Iln8nclal alèiemertls se¢llon cl uur fQPOrt. Wc aro Indepondenl of 1118 chF)rlly In accordonc8 wllh Ihe slliical ¢QqLiiromonls that ar8 rolovant lo gur audll of thg Nnan¢lal st&lements In the UK, In¢ludlng 1119 FRC'S &lhScal Standard, and we have fulfllled our ollier tylhlcal rospon9ibili1108 In ocGordanca wllh these requlramenl6. We b8llove th81 Ilie audll evldgnco we 11ave oblained16 9ufflGienl and 8ppropiiale lo provido a tya8is for QUT opinlon. Con¢luglons rollilng to golng concorn In Huditing lh8 financl81 &18lemaiils, wo have concluded Ih81 Ihe IfUSlee5' use of the gtslng Conrn ba61s of aocounllng In lh8 prep8r8lion of Ilie lin8ncl31 slal¢m$nl$ 1$ apprtspriaté. B8Sod on lh8 work we h)ve p8rfomied, we liava not Idei)Iifièd any malerlal uncerlainllO6 r61ollng lo cvonls or condliiDns Iliat. Indlvidumlly or callo¢llvoly, may c&sl signlfic8nl oloubt on tho charoly's ablllly lo contlnu8 as ¥ going ¢oncorn for a perlo¢J of al least twelv8 months from whon the flnanolal slalèinents ar¥ auihori58d for iSBU8. Our rAsponsihllllie5 and the re8pon8lbilllies ol Ihe Irustees w(Ih rnt6pArl lo going eoncèrn are d88crlbe4 In Iho rolovanl Sgcllons of Ihls r¥purl.
Law Centre (N.1.)
Company Llmlted by Guarantee
Independent Audltor's Report to the Mernbers of Law Centr8 (N.1.) Iconllntsttdj
Year ended 31 March 2024
Othor Informatlon
The other Inlormalion Gomprlses lh& infarn)allon included In 11)e annull roport, olhor than the Ilnanclal
¥laloments pnd our Budllor's r8pori Ihoreon. The Iruslees &ro r¢$ponslble lor lh8 allier informallon.
Our Dplnlon on the fln8iiclal $l•lemenl8 does not cover Ihe other InfoTmatlon lind, excBpI lo Ihe extent
olhÉtwlse expiiclily slalrjd In our repart, w¢ do nDI expfe55 any forni of a$suranco ooncluslon Ihèr•¢n,
In coniigclion wilh our OLtdlt ol Ili& llnttnci&l 5talèmenls, our responsiblllly Is lo r8ad the olhor
Inltsrmallvn and, in dolng so, considor wh8lh&r Ilia (Jlhor inlormailon Is maleilally Inramsislenl with thé
fln&nclal slatsmeiils or Ejur knowledg¢ oblttlnod in the 8udil or oll)t7MIs8 clppoars lo b6 m8ltrrlally
mi8518l&d. 11 we Id6nlify such nial$rlal incon51sten¢ieq or apparonl rnalerial misstalemenls, we are
requiiwrj lo d8lermin@ wlivlhor Ihere Is a m&l8rlal mlsslatemenl in the linai)clal SlaloJm#n15 or a
malerl81 misstal¥ix¢nl of Ihe other informalion. IF. baSEd on the work havo p¢rformod, we conLludo
that Ihere Is u m410rf41 mlsstalgrnenl of thls Othor inforn)Allon, we aro requlrod 10 roport Ihal f4cI,
We Iiavo riolhing lo report in th1$ rogord,
Oplnlons on other matters pr95GTlbed by the Companlv$ Act 2008
In our opii)ion, b
Law Centre (N.1.) Company Llmlted by Guarantee Independent Audltor's Report to the Members of Law Centre {N.l.) fGgnllniied) Year ended 31 March 2024 Rg$pon$ibilltle8 of trustOO8 As oxplaln9d morè fully In Ihe Iruglee8' responsib1111119 Stot8m&nl. IhB Iru51ées (who are 41so the dlfeclois lor Ihe purpose5 of company lawl taro ro8ponslbl& for th8 pr6paralion of Iho flnanclal Slalem¢n15 and for belng BaliAlt¥d that they give 8 Iwe Jmd fair vlejw, and for 3uch Internal conlrul a$ Iho Irug1995 deierrtlnfj is no¢e56ary to 8118bl6 th• prtyparillon al finan¢iAI Slatemenlg 11181 aro fro0 from iiialerlal mlsslaiomenl, whelher due In Ir•ue or error. In preparing Iho flnonclal 818leménls, tho Iru8lee3 are r8sponslbl• for assesslng lh¢ rharlly's ablllly lo continuo as a going concein, disclosing, 85 8ppIIc81e. n)all¥rs rolalod lo golng concern and uslng Ih golng coiiceri) basis of a¢¢ounilng unle¥¥ th6 Irusleos ellh8r Intend lo Ilquldaie the charlly or lo cgase operallon3, or huvo no rèallgllc alleinallvo bill lo do so. 10
Law Centre {N.l.) Company Llmited by Guarantee Independent Audltor's Report to the Members of Law Centro (N.1.) {conllnuid} Year ended 31 March 2024 Audltor's rg8ponslbllltle& lor the kudlt of Ihg flnan¢lal 5tatomonl¥ Our obleollvgs ere lo oblaln re860natsle 88$uran¢o aboLII wholhor tho flrian¢l81 $lalenienls as a wholo ¥r8 l¢pe (rom Ixalerial ml$slalonionl, wholh¢r duc lo fraLid or orror, and l0155uc an audllor's report Ihal In¢ludos our opinlon. Regson8ble 8ssurantte Is A high level of as8ur8ncè, bul is nol a guarantee that an audit condu¢led In 8ccordanr& wllh ISA6 IUKI wlll always dol¢¢l a malorial mlsslatemenl whon It oxisls. MIs.418lpmenls cpn ariso from fraud or orror and ore consldeied malerio111, Indlvidvally or In Ihe aggregate, they could reasonably bè exp¢¢lecl lo innuane lh¢ ¢tsonomic d?cislons ol users taken art thy ba¥l.s ol Ilie8e lln¥nclal 51alornonls. Irregularllles, Includln9 frnud, aro ir618ncoe of non.complSsJnce w1lh laws and rogulalions. We doslgn proccdiiros in Ilno wllh our respDn51bllili25, Outlined abDve. lo delect malerlal mSsslalemonls In respect ol Irregularlllos, Includlng fr8ud. Tli8 aylonl lo wliiL,l) our procttduiès ir6 c8p8ble of det8Gilng Irregularllles. Including fraud d¢Jlallod below-, In idoniifying and assg$sing risk$ ol malolial mi851al8m8nl In tsgpo¢I of Irr0gulaillie8, IncludlnG fraud and non-compllanco wllh laws antl rggulallong, wa consldor8d the followlng,. the naiuro of Ihg Induslry anfj sector. conlrol onvlronmonl gnd bu5ingag porfom8nco Indudlng the d•slgn of the remungrallon poliGies, k¢y drivgrs lor 4lr¥¢lor$' remunarallon, bonu¥ levels 8nd porformancN l&rgols', results of our gnqulTlO8 ol managonienl about Ihelr own idffinllfic8llon and assossmenl of Ihu rtsks of IrrogLrlarlli8s', any mallqr6 wo Idonilfled h8vlng obi#lnud and revlew8d documonlallon of th¢lr pollcles entj procedure5 relallng to: eiililyln9, ev8luFJling anrj ¢omplyiny will) laws And rogulatlons 8nd whelher n)anao8mènl wer8 aw4ra Df 8ny Instances of non-compllanco; dete¢llng and r85pondlng lo the rlsks of fraud and whelh4r manuoomonl liave knowlodg• of any aclu•l, su6poclod ur all¢gt)d Iraud,. Ihe Intornal conirols 8Slab119hed io millgaio rl8k8 of fraud or non-compllsnue wllh lawA Tid regu181ions. the mall&rs dlscu$$ryd 4mortg th• audll angagèmertl tèam Includlng 8igniflc&nt Gompononl audll le8m$ and relevant Internal spec181191s, Includlng lax and valuation¥ spgclallsls re98rdlng how dnd wliere Iraud mighl occur In th8 nnanclal slalemenls and any polentlal Indlcators of fr8ud. As a result ol Ihesé proceduris, we ¢on$Idaa the oppoi1unliies and InGenllv¢s Ihal Inay exlÈi wllhln the orgonis8llon for ft&ud and Idenilfl¢fl Iho gro8losl polonilol for fraud. In conimon wllh all 8udllg U17der ISA3 IUKI, w8 Br6 8180 required lo perlomi 5peGifiG pro¢odurets lo rèspond lo the rlsk of man8g&m8111 overrldè. Wa al$0 obtained ali und&rslAndino ol th$ anci <egulalory fr8n)ework3 In oporalion. foctsslng on provisions ol those laws and rogulalions that had a dir()cl ellpcl on 1119 dolgrmln&lion of malerl41 amounts and disclDsuf88 In the financial staternanly. The key law$ and re9ulallons w8 con51dere(l in IhiB conlexl included ongolng eompllance with the UK Companles AGI ind iÈx leglslatlon. In udrjlllun, wa coiisl(Jered provisions uf olher Isws and r8gulailuns Ihal do not havv a dlroGI effgcl on Iho fln8ncS8l slalemcnls bul cpmpllanGo wlih which ftiay be fund8rnenlBI for thoir ¥t)Iiiiy lo oparalo or lo avold a material penalty. 11
Law Centre {N.l.)
Company Limited by Guarantee
Independent Audlloffs Report to tho Members of Law Centre (N.1.) (¢ortdfty•d)
Year ended 31 March 2024
As part of 8n audll In accord81)c8 wllh ISA5 (UK), we gxgrc139 prof9¥8ion41 judgment and m4lnl¥ln
professlonal scepllcl8m Ihrouohout tho audll. We al$o'.
Idenllfy Hnd assess the ri8ks of mat8rlal ml$$latémnl of lh¥ llnanclal sl?tÈMonl$, whelhor due to
Iraud Or orror, de¥lgn and perform audll proceduros rosponslve to those risks, and oblaln audll
Ovtdonco that 1$ BuffiriEnl and appropri41@ lo provido B basis lor our opinlon. Thè rlsk of nol
dèlectlng a mFJleriil mlsslat&m&nl rggullbng fi'om fraud Is lilghgr Ili
Law Centre (N.1.) Company Limited by Guaranteo Independent Auditor's Report to the Members of Law Centre (N.1.) (Ganllnii8dJ Year endod 31 March 2024 AS 6xpl8lned mof@ fully In thè Tru819¢s' R05pon5ib111119B Slalpmanl Isol out on pag8 81, the Iruslogs are rE>sponsiblo lor the preparallon af the Ilnanclal slalemoiils and for b8ing 381isfigd lttpl Ihey give a Iruo and falr vlew, Our rospDn8lblllty13 to audit and oxpr888 an oplnloii 11)¥ financlal slotemenls In 8ccordanee wllh appllcable law an¢ Inlefnallonal Slan(lards on Auditing IUKI. Those standards requirfj us lo comply with tho Financial Reporting Council's IFRC'51 Clhlcal Standard for Audllors., In 51) the ¢irGum$lances .$el out In noltt 26 to Ihrt finan¢lal slaienienls. Usa of our rèport TlIls 18PQrt is niid# sol¥ly lo Ilia vl)arlly'5 mombers, 4$ a body in ¥¢Gord&nro with Ch8pler 3 of Part 16 01 IliL, Cornpanie5 A¢1 2006, Our oudlt work1i13S boen undertal<en so Ilial w& mlghl Slalo lo Ili charliy's m8mbors IIiosD rnall8TS wg ar8 f8quir¥d lo slate lo them In an audllor'& rcjporl E]nd lor no oUi8r purpose, To the fu119s1 oxlg1i1 pemilllod by law, we do nol 8fU8pI or osgume responslbllily lo anyonè olher than the charlly and lh• ch8illy's mémbers ?¥ a b¢xly, for ttLJr audlt work. for Ihl$ rgport, or for tho oplnlon$ wè hqve formed. Puul Dolan (Senior SlalLilory Audltorl ror and on belialf or Fin¢98n Gihtyon Ltd Chortered •ccounl8iils & Slalutory audllor CMu$ew8y Tower g Jamos Slreol Soulh B¢lfo$1 8T2 8DN 13 Nav8nib8r 2024 13
Law Centre {N.l.) Company Llmlted by Guarantee Statoment of Flnanclal Activltles (including income and expenditur8 ac¢ount) Year ended 31 March 2024 2024 2C)23 Unroslrict8d lund8 ReslTicl8d lund$ Totol funds Total funds Nolg liicome and endowFn&nls Dpn¥Jllons and le9Bcie3 Charllablo Bcllv1118$ Qllier Irhding aollvllleg Invoslmonl Inaome Olhéi Income 1,203 1,203 1,053,153 98,510 4,082 455 7.093 1,096.260 78,738 1,387 3,529 1,053,153 27,528 70,982 4,082 455 Total Incom& 76,722 1,080,681 1,157,403 1,187,Q07 Expondlturg Cxpendilur9 011 Charlble acllvllles Total expendlturo 10,11 1D2,932 1,021,91S 1,021,915 1,124.847 1,124,047 1,114,533 1,114,533 102,932 Net Inoome <26,2101 32.056 72.474 TraiiRfers balw8or fund5 34,S90 134,5901 Not Inovemonl In fund8 B.380 24.176 32,556 72.474 RtsconcSllatlon ol fund9 Total funds broughl forwar¢ Tot81 funds carrlod forward 420,817 158.539 579.356 506,É82 S79.356 42g,197 18?,715 611,912 Thé slalemenl ol llnanElal acilvltle5 Include5 all 9alns and losses r•cognl¥¢d In Ihs ye8r. All Incomo ond expend51ure derlve fram conllnulno acilvliio8. The noto$ vn page2 l Y to 20 fvmi pwrt of th0SD fintsnGltsl sibtomont6. 14
Law Centre (N.1.) Company Limited by Guarantee Statement of Financlal Postlion 31 March 2024 2024 2023 Not Flxed a#&ots Tanglble fix¥d 438813 17 24,848 23,23fj Currcnt a550t¥ Deblors Casli al bank and in h<ind 18 395,.331 283.983 21$9,187 417.265 678,432 679,314 Cradllorn.. amounlg lalllng due wlthln aliè yaar Net ¢uYrent ass¢ts 19 92,250 587,064 e11,91?. 611,912 120,312 556,120 579.356 Total 8s$91$ loss currEnl liabilitie¥ Net a850tJ 679,366 Funds of the Gharlty R8slrlcied funds Unro¥lri¢led lundts 182.715 429.197 158.529 420,817 Total ¢harSiy luncls 22 811,912 579,356 Th05e finÉ1nclal stolemenis were approvod by the board of Iru51ees and aulhorlsad for is¥ue on 13 November 20Z4, and are sioned on beliaif of Ilie board by.. J Donaghy Trusl8e ThB notQ5 on p?yQ5 17 to 29 Iofrn pan pf ihÉs8 flnanElbl $latèmont¥, 15
Law Centre (N.1.) Company Limlted by Guarantee statement of Cash Flows Year ended 31 March 2024 2024 2023 C851i flows from op¢rntlng a¢llvitlo8 N81 Ineoinè 32,558 72,474 AdJu.slmanl¥ for,. Doprociallon of langlble fixed asse16 oiliér inlora$l fe¢èivdblo and simil8r income Accruod Ilncom¥ll¥xpgn$gs 10,469 14,0821 (17,8041 9.420 11,3871 18,162 han.qBs in.. Tradg and other deblofs TrAde and other r¢rodlior8 <138,1841 110,2581 1125,2831 (44,200) {22,7181 31,753 Ca¥h gencraled from op8rallon$ Inlorasl rocglvéd Nal c85h {used Inllfroin OPo)raliny td¢llvlli08 4,082 {121,2011 1.387 32.140 Ca$li flaws from Invostlng actlvltle Purcliase ol langible a$go15 Nel ¢a5h used In Inv9511nu acuvllles 112,0811 (12.0811 18,6921 {8.6921 Net IdeGreasg)nnGreasfj In cash and caGh equlvAlenis Ca51i )n(J casli equivalents at boglnnlng of y•ar Cg$h and cash gqulvalents at ènd ol yfrar (133.282) 417,265 24,448 392,817 417,265 283,983 Tho vroto8 on pagtys 17 ¢0 25 form p•rt of Iho80 flnunclal stalern•nt8. 16
Law Centre (N.1.) Company Limlted by Guarantee Notes to the Flnanclal Statements Yèar ended 31 Nlarch 2024 Ggngral Inform8tlon Tho chailly 18 a public bonefil enilty and a prlvalo company Ilmlled by guarantee. regislored In Northem Irelaiid anri 8 registered charliy in Norihorrt Ireland. The address of Ihe rcgislcrod oifice Is W881gale House. 2nd Floor, 2.4 Qucon Str881, 8élfAsi. 8T16ED. Sl•tem¢nt of compllane• Thoso financial Btalginenls hove b88n prèp8r8d In compllance with FRS 102, The FInancI1 R8pDrting Standard appllc4bl8 in 1118 UK Ihe R6publlc ol Irel8nd', Ilie Slalemanl ol Reconifriendod PrMcll¢è 8ppllnable to Gharllies preparin9 their accounls in 4ccordan¢8 willi the Flnancial R&portiiig Slandard applicablo in Ihg UK aiid Ropubllc of Ireland IfRS 102) ICI)¢irllies SORP IFRS 10211 and tho Conipanios Acl 2008, Aooountlng pollcles 8asls oi pr¢paratlon The flnanclal $lalemen15 have been propa(od on Ihe hi51oricFI cost ba¥ls. a8 fflodllled by Ihg rovaluallon of certalr) Ilnanclal asseis and Ilablllllef èftd inv6S1monl propertles measuréd al fair value Ihrou91i InGomo or exp&nLlllure, 'rhe ffin8nclo1 Rlalomonl$ arg prgp8red in Blerling, whlah i¥ the knnclion81 currency ol the fjnlily. Golng ¢oneorn Th8r8 are no mat8rlal unc8rtainlleo al)oul Ilio cliarily'$ oblllly lo continue. Judgom¢nt$ and key sour$ trf estlmatlon un¢ertalnty Th¥ prep8railon of thg finantrl¥l glatomunls requlre8 manggemgnl lo m8k8 judgemonls, eglimalès and assumpllon5 Ihal affect lh8 amouiils reported. These e811rn8les and ludqemenls are conlinually r•vi6w8d and ara basod on uxporlenco and olhor faGIDrs, Includln9 expeclailon¥ of Iiilure ovonl8 tlial ar8 btll•)ved lo bo ra8yun8bl8 under the clrcumslaiicos. Fund a¢¢ountln9 Unreslllclod funds 8r8 avallablo f¢r u$e ol Ihg dlscrèlion ol the trustees lo further any ol Ihe harlty's purpose8. Deslgnalgd lund.q are unr$¥lricled fund¥ e8rmarked by tha Iruileès for parlleul?r future prolecl or cominllinenl. Resirleted lund$ are syblecled lo re&lricllon¥ Dn Iholr ryxp¢ndlluro declarld by Ihg dontsr or Ihrouoh the terms ol an apPal. and fall Inlo ong of two sub-Glasses.' resiri¢led Income Ivnds or endowment lund3, 17
Law Centre {N.l.) Company Llmlted by Guarantee Notes to the Financial Statement6 Iconlln(mdl Year ended 31 March 2024 AG¢ounling poll¢les (¢onllnuÉd) Incorning regour¢es All incomlrn9 resoureès 8re inclvdvd in Ihg 51#lerneiil ol fln3nc581 aLllvilles whon onlltlomenl has pas3ed lo the charlly., il Is probable that Ihe ecunomi¢ benenls assooialed wllh the Iransacllon will now IV Iho charlty 8iid Ihe amouiil cin bc rolSbbly measured. Thg followlno spe¢iflc pDllcle¥ ar¢ appllg(i parli¢18r ¢alogprig3 of inCDmw,' InGome (rom donBllon8 or prpnts ig r8cogn15ed when ther815 evldon¢• of onllllomont to Ihtt gifl, recelpl Is probabl4 and 51$ aniounl ¢an measurod fgllably. lègar.y Incom818 09n[Bad whali roe,olpl li probablc and enlleMent Is eslabllshed. Income fi'om dorbalèd gotsds 1$ niSur1d Jl Iho f¥lr vEJlu& of the goods un188$ Ihl$ 18 impr4Ctlcal lo mea6uro rsliably, in whlch case the valuols deriv&d from Ihe tosl lo Ilie donor or Ilie eslimutod ros819 valug. Don&led iacililltys 8nd soNScos aro rocounlged In thè 8¢etsunls whgn 18colvgd 11 Ihts valuo Con bg rollably rneasured. No omoun15 wre inGlude*y for tho Gonlrlbullan ol oen•fal volunloer8, income frcm eonlr8cls for tho Supply of 56rvlceB 1$ racogniserl wllli the dÈlSv8ry of tha conlra¢led sorvice. This 13 cl858if18d as unrvslr¢Glgd fund$ unless Ihtsre Is ki conlr¥clual roqulromgnl lor 5110 be spenl on • portlcular purposg 8nd returned if un8p8nl, In whlch cfjso It niay b• règardod as reslrirtod, RegourGos expendgd Expondllure Is recpgnlsod on an aGGrua13 ba519 88 8 IlabllSly Is Ii)curred. Exp£ndllure Includ¢s any VAT whi¢h cannot bg fully rgcovor8d, and 18 cla8sinod undei hoadlngs of tho slal¢mènt of financial (Icllvilie3 lo which il rolal88'. expendliure on ralslng funds inrludes the cost5 of all fundr81slng activities, ovgnl$, non. charilablo Iradln9 aGilviil8s, 8nd th8 sale of donalad good8. axpendllvr¢ on ¢harllablo B¢15vllles Includés 811 costs Incurred by 8 cliafily In urtdèrtaklng 8¢llvllles th81 furtlier Ils eharll#bl8 alms for tho b¢nofil of ils b¢nrgflGlaflWS, Inrluding 11)os 5UPPtsrt Co8 and costs rglollng to the governanGe of thè charliy 8PPOrtloned lo cliarilable acljvilla$. other pxp¢ndliure Include3 all exp&ndlturè thèl Is nellher rel8led lo ra155ng funds lor thè charlly nor parl of Ils Qxpertdilufo on charllable acllvilie8. All ¢o$ls are allocated lo expendllure cal¢9orloi roflortSng thè u89 of tho re50urGo. DlrtyrA co$1$ allhbu18ble lo a singlo acilvily aro BIIuc81ed dlreclly lo tli81 ocllvlly, Sliared c051s Are apportlonod belween the oclivllies Ihoy contrlbula lo on a ieasonablg. JusiifiAbl8 and ooi)$lsl8nl Dèsls, Tanglbla assots T¥nglbltt 8$seis are Inlilally rècordèd al co81, and sub%8quenlly slalèd al ctssl less any accumulated depr&claliDn and Impairrnent losses. Any tan9lble ass915 carriod al rfyvaluod amouii15 4fO foLor¢vd al the falr value 81 lh8 dalg of r8V81u815on less any 5ubBeouenl aeeumulaled depr8clalion Mnd sutss&quenl accumulated Impalrfflent108seg. 18
Law Centre (N.1.) Company Liffllted by Guaranlee Noles to the Finan¢lal Statements Iconllnuid) Year ended 31 March 2024 A¢countlng poll¢los lov11) fanglblè a$$¢i$ f¢onllnii•dJ An increase In th8 carrylng aninijnl ol Ali FJ8s&1 a6 A resvll ol 8 r8valuslion, is recognlsed In olh8r reGogni3ed 98ln5 Qnti losso?, unl¢ss11 reverses charge lor Impairmftnl Ilial has prev5¢usly tyoon ra¢ognl$8d as expèndllure wllhln thu slatèmonl of hnanGl81 acllvliles, A do¢reabe in Iliè carrylny Aniouiil of on e%s61 % è resiill ol reivalualirjn, Is rcopnls@d in ollier recogn15ed galns and10sgè1, oxcopl lo whSch 11 offsel¥ any prevlou3 fov8lualiDn gain. in which ca$0 11)e losfi Is Shown wilhin oll)er recognlsed 9alns and losses on the slalamenl of flnanclal acllvllles. Depreciatlon Depreclauon 13 calculaled so a3 lo wilie OM Ihe cosl or valuallon of an agsol, less 11$ rcoidual valuu, rjvwr Iho u$cful economic Illo pr Ih1G l assel As follows,. Compulojr Equlpment Fixlvres and filllngs Offic8 Cqulpm6nl 25% slTalghl line 10¥/o slroighl Ilne 20% slralghl lin• Impalmiont of fixod a8J•ts A r¥vlew for Indlcalors pf Impairnienl 1$ GarriÈd oul al oach raporllng dEJte, wllh the weovorable 4mounl belng esilmdled where such Indlc8lars exi51. Wliere Ihe c8rrylng vulue oxcoeds the fecoveratsle ainounl. 1118 ass8t Is linpa1 accordlngly. Prtor Imp•lrmèn18 eru al80 rovlewod Ivr PQ551blg rovcrsal 81 eEJGh Fopr)rtln9 dalo. For tho purpos&5 of Imp8lrTnenl losllnL7. wl)01) il is iiol posslble lo esilm8ie tho reeov8rablfr amount of an Indivldual as$81. an esllniJle Is niade of tho rgcov¢rable amount of th8 eash. nBrAllno tinll to whiGh Ihp assol belongs. The c8slI-generallng unll is tho sni?IleFI IdG2nlillablo group of ass8ls Ihal Includes th8 asBel and gL'n¢rpl¢s Ud3h Innows that largely Indopendanl of Ilie c85h inflow8 from olhBr 8888ls or groups of as5015. For Impalffflent 18$llng of goodwlll, Ihè gDodwlll ÉcquSred o tsu511)ess Gombln8llon Is. from 1118 ¥cquli?Illon d8lo, ollo¢Bled lo each ol (he casli-generallng unlls Ihal are expnclod lo beneni from th8 synBrgleb of the comblnBtion, Irr88pecllve of whelhar Olhtr as$e18 or Ilablllllos of the Gharfty are assigned lo 11105e uiiils. Flnanelal lfi$t¢umènl$ A financlFJI assel or a finRii¢lal lit41)ilily is r•cognlsed only when tho chbrily bècomès 8 party b th onlraelual prov151Dns ol lh8 lll51r4imgnl. Ba51c Ilnanclal Instruments ore inlll4lly r8¢ognl&gd at thè amount recolvable or payable In¢ludln Ji ai)y related Ira175a¢llon costs. Curreiil assets and cuffent Ilablllii&s are sub$¢qutJnlly measured 8t Ihe ¢#sh or clh8r con61deralloii ftxpeclftd lo be p•ld oi. recelved and not dlscount•d. D¥bl In$lrumonl$ aro $ubsaqv&I)Ily measurecl 91 amort158d cost.
Law Centre (N.1.) Comparty Limlted by Guarantee Notes to tlie Financial Statements Icoiillnv•dl Year ended 31 March 2024 Accountlng poll¢los f¢oniinii•dl Financial In$trumontS fcontlnuod} Whère Investments in 8har85 aro publicly traded or Ihgir lair V¢ilvo can olhemiso be measured rellably. thu Invgstrnenl Is 9ub6equaiilly measured al falr value with ch8ng68 in falr vtslue recognised In Incoiiie and expondliuro, All other such Inv851m8nl8 8re $ub6equgnlly mea$urod al cost less impairm?nl, Other linanclal insirumenis, IncluQlng dérivalive$, aro Inillally ro¢ognl$cd at falr value, unless poyrnonl for an asset Is delerred beyond normol buslne55 lerib)5 or financed at 8 rate of inlerebl that Is n¢1 a markel rate, in whiGh caso the asgel 18 mejsured al 11)e piesei)I value of the luluro PHymenl% dls¢ounled at a niarkel rale ol Int•fLwAI for ¥ $lmllar dobl Inslrum9nl, Ollier financial Instruments a $ubsoquonlly m¢gsurod 81 f9ir voluc, with ony chanoog recognlsed in Ilie slatemenl of Ilnanrial 4cUvlll95, With the ¥xcepilon of hgdglng Inslrumeni$ In d&81gn8led liedglng rlallonshlp. Financial a86818 IhMI are moasured at cosl or 8moTtised c0518re revlewed far obleclfv8 evld¢n¢e ol Impairmorst al the end of each reporiinu dal¥. If Ihere Is obloGlive ¢vSd¢nce of impairmeni, an Impairment rosy 1$ recogi)isod vndor lh8 8pproprl¥te headlng In 1118 81glemenl of Iln¥noi&l aclivili& iii whlch the Inlllal galn was rocooni50d. For Hll eqully in61fumenlg reg8rdless ol slgnlllcance, and other Ilnancial Ihgt Brg indlvltlually 5ignlflc8nl, Iliesa are •SS0S5od Indlvldually for impalimenl, Olhgr flnar4¢1<il assels ara 81117er asses$8d indlvldually or qFouped on 1118 ba815 0181milar credll ri6k cliaf8cl8dsilcs. Arly I'eversgls ur lrnpFirment rocognlsed Imm961018ly, lo Ili& exlenl Ilial lh8 rev8rsal do6s not rosuli In & c8rylng amount of th8 flnancial assol that excood$ whal Ihe Gerrylng 8mounl would hav8 boen hBd th8 impalrmenl not pr¢vlously been TeGognised. Deflned ¢ontrlbutlon plan$ Conlrlbullons lo dènnod colltribiilion plan¥ are rocognl$8d as an expen99 In thfy p8rlod In whlch Iho relalod sorvl¢e Is provlded. Prepaici conlriljullons 8re rgcognised as an a&sot lo the oxlonl Ihal the prep2ymonl wlll lead 1¢ a rodu¢llon In fuluro paymen18 or a ¢08h refund. When cunirlbulions are nol èXP$¢led lo be salllod wholly wilhln 12 marblhÈ tsf 1110 end ol the roporting dale in which Ihe omployo8s r8nd8r the relaleij servlcg, Ihe Ilablllly Is moa5urgd on dis¢oiinlcd presonl value basls. The unwlnding of Ihé dlscounl 18 reco9nised 88 an expens? in the pétlod in whlch 11 arl¥gs. Llmited by guarantee Law Centre INII Is a prlvale charilablo company limited by Buaranleo incorporated in Northern Ireland. The reglslerod office ly Weglg?te House, 2nd Floor, 2-4 Quryen Slrg01, 6¢lla51, ST16ED. 20
Law Centre {N.I,) Company Llmited by Guarantee Notes to the Flnancial StatemgntS1¢oiilliiuedJ Year ended 31 March 2024 Donatlons and 19gacles Vnr851riclod Total Funds Unfgslri¢l8d Total Fund5 Furtd$ 2024 Funds 2023 Donatlon8 DDnalion¥ 1.203 1,203 7,093 7,093 Charltablé actlvltles Unr+3slrl¢led Reslrlcled Total Fund8 Funds Funds 2024 D(3PBrtmenl for Gomm¢JnllSes D¥partm8nl for the Economy Tho Lpoal Cducatlon Foiindatlon Th8 08k Foundolion The Exècullve Offlce Belf861 Clly Councll AB Ch8fllablB Tru¥l Mlacellaii£oiJ$ grants Jusllce Togolher 529.356 176.404 38.872 121.508 115,6ao 529,358 176,404 3e,872 121,fOB 115,680 73,333 1,053,153 73.333 1,063,153 Unrestrlcled Funds Rejlrlcled Tolal Fundi Flind$ 2023 Dopartment for ComMunlllaJ Dpp4rtmenl for lh¢ Economy Tho Logal Edurailon Foundallon Tho Oak Foundallon The Exocullve Qffice Balfasl Clly Councll A8 charitble Trusl MSs¢gllanBous grrJnlB Jusllca Together 2,836 537,067 147,546 37,033 144,419 135,28D 539,903 147,54U 37,033 144,419 135,289 3,470 500 25,000 13.600 13,800 50,000 50,000 1,954,324 41,938 1,096,260 21
Law Centre (N.1.) Company Limlted by Guarant6• Notes to the Flnanclal Statements {¢onlliiuodl Year ended 31 Mar¢h 2024 Othgr tradlng actlvltlos Unfeslrlcled Fund8 Reslilctad Total Fund8 Funds 2024 Feos from assoclalo membors F8os from full Mamb1$ Training fees Logthl ¢oBls rgcolvéd oIIB51 City CDuncII Legal Suppori ProloGt 3,e63 2,?.Q4 43.975 19.050 3,663 2,294 45,976 19,050 6,000 21.528 8,000 21,528 70,982 27.528 98.510 Unr¢slri¢l¢d Fundg R6s1¢lel8d Tolal Fun¢Js Fund¥ 2D23 Fe#s from ossoclale members Fee5 from full momber Tr8lnlng fees LBgal cos1% rocolvocl Bollasl Clty Councll Legal Supparl Prolecl 4.U42 2.250 3S,973 28,785 4,012 2,250 26.785 9,688 9,688 9.688 89,050 78,738 Inv¢$tmtnt InGorn• Unresirlcled Total Funds UnrestrlGtgd Total FndS Funds 2Q24 Funds 2023 eank Inlefesl rocoiv*bl¢ 4,082 4,082 1,387 1,387 Other Ih¢om¢ Unr•Jlrlcled Total Fund¥ Vnro$td¢ted Total Fund8 Pund8 2024 Fund8 2023 Other Income 455 455 3,529 3,529 22
Law Centre <N.I.} Company Limited by Guafantge Notes to the Flnancial Statements {COllllnu8d? Year ended 31 DAarch 2024 IQ. Expendlturtr Gh#rltablg Il¢tivitio8 by fund lypo Unré8lrlclod Fynds Rrf)61rloi¥d Total Fund¥ FLinds 2024 Cosls In furtherance ol char118bl¢ a¢llvlllo3 Support ettRIs 102,932 1,017,144 4,771 1,120,076 4,Tll 1,124.847 102,932 1,021,915 UnroslTicled Funds RGslriclod Tol81 Funds Funds 2023 r)81s In fiirlhoranco of ¢hprllabl8 aotivitles Supp?rt costs 119,723 5,837 988,973 1,108,696 5,837 1.114,533 125,560 988,973 71. expondllurt on ¢harltable 4Gtlvltle5 by actlvlty typ• A¢llvllies underlHkgn dlrecily Support Costs Total lund8 2024 Total fund 2023 Cosls In furthoranco of Gharlt8ble acllvlllos Govemancg cos18 1,120,076 1.120,076 d,771 1,124,847 1,108,098 5.837 1,114,533 4,771 d,771 1,120.076 12. Taxatlon Thp Company 15 a regislerecj charlly, #nd A$ such Is ènlllled lo lax 8xempllDnS on Incomé and pronts in lurtherance of Ilio ¢horSly's prlmary oblocllvos. 13. Nèl In¢om• Nel In¢ome 1$ Slaled oller rhk)rginol(¢rediilng)-' 2024 2023 DepreGlallon of tanglblg Ilxod assèI$ 10,469 .420 14. Audltors remuneratlon 2024 2023 Fee5 payable for the audll of ihg IlnanGlal slstomonl$ 4,3fj6 1,638 23
Law Centre (N.1.) Coinpany Llmlted by Guarantee Notes to the Flnanclal Statements le&nilnue Year ended 31 March 2024 15. St4tt Gosls The 10181 slaff CO&18 ¥nd omployee beneflis for the reportin9 Pgriod Tr9 anBlyged as follows: 2024 2023 Wagcs and s81arles Soclal securlly c081 Employer conlrTbullons lo penslon plans 708,667 70,996 48,476 719.011 83,901 43,110 826,022 Tho average haad count ol employops durlng Ihe yo8r was 2812023.. 30). No employee recelved employoe beneflls gf niore than £BO,000 cjurlng Ihg year12023'. NIII. Key M8nagemont P•r$onn•l Key manag8menl personn81 Include 811 persons Iliat have aulhorily 4nd responslbllity for plonning, dlrecllng 8nd conlrolllng Ihe acllvlllo5 Ot Ihe charlly, The total ¢ompèns811on pald lo k¢Jy mana9emenl perAonii*l for s¥Nlcos provided lo the charlly wag £206,29012023'.£203,1331. 16. Trustèè rèmunèratltsn ond expense? The Charily Iru.%lfj•s were nol pald or reeelved any olher beneflis Irorn eirpluym8nl wllh the Charlly In Iho y¢ar12023'. £Nill. They were nol roimbursed expenses during Ihv yQ¢ir (2Q23: £NII), 17. T•nolble flx¢d assoty CJompvlor Flxluros gnd Equlpmonl fltllngs Equlpmont Total Co$t At l Aprll 2023 Addllions 48.051 1,979 50,030 3.435 3.180 11M,140 12,081 116,221 6.g42 At J1 March 2024 59.5g6 ,595 D9prgclatlon Al l April 2023 Charge for the yèar At 31 March 2024 37,857 6.190 41,888 2,217 43,885 1,579 62 80,504 10.469 45.847 1,641 91,373 Carryin9 amount At 31 March 2024 13,749 14,99Y 6,145 6,3B3 &.PSd 1,858 24,848 Al 31 Maf¢ii 2023 23,236 24
Law Centra {N.l.) Company Limited by Guarantee Notes to tlie Financial StatementS1¢oniiiivofl) Year ended 31 March 2024 l B. Dobtors 2024 2023 I'rade debtors Prepayni&nl& aiid a¢¢ru&d Sneomé Oihor debtors 109,564 37,913 247,854 6,878 28.415 224,874 396,331 259,187 19. Credltor8: amounts f8lllng wlthln one yèar 2024 2023 Trndtt cr¢dilnrs Accruwls and doferrfjd incomFJ Social $8curlly olhgr la%e Oihor Grodllors 36,484 16,696 20,08e 19,004 92.250 24,671 34,607 22,831 38,203 120.312 20. Deferred Income 2024 2023 Al 1 April 2023 Amount relo8sed lo Income Amount deferred in y88r At 31 March 2024 3.595 (2.5451 2,438 14,864 (13,8141 2,545 3,488 3,595 21. Ponslèhs and othor PDSI rotlrèM•fil bènofSts Dgflnod eontrlbutlon plong The amounl r¢cpgn15qd In IncDma ai $xpendlluro 88 Bn •xpens0 In ¢elallon lo dofined conirlbullon planB wos £48,47812023: £43,11QI. 25
Law Centra (N.1.) Company Llmlted by Guarantae Notes to the Flnanclal Statements Icoiillnuod) Year ended 31 March 2024 22. Analy$l8 of charltable funds Unrostrlcted funds Al 1 April 2023 At31 Tran$fer8 March 2024 Income Expendllure Genoral fundy De8lgiialed Fund - Capll•l assets Deslonoled- Tralnlng Deslgn81ed - Allanll PliilanllifOPI8S 2?8,502 31,397 147,2431 43.640 3Jf6,296 5,074 56,442 15,0741 140,553} 15,32S (9,0801 52,184 30,799 420.817 110,0621 {102,9321 20,7.I7 429.197 76,722 34,590 At 1 Aprll 2022 A131 Tfansf8rg March 2023 Incomé ExpendSlur& Genoral lunds Do5ignaled Fund Capltgl ¥ssg1$ Dotsi9naled - Tr8lning DesignEt18d Allaiill¢ Phllanlhr¢pSe$ 284,8.56 88,297 170,3601 25,709 32B,502 9,660 62.444 14,5861 140,700) 5,074 56.442 34,698 40,7q3 397,673 {g,g14) 1125,580) 30.799 420,817 1 ??.99S 25,709 Roslrlcted funds Ai 1 Aprll 2023 At31 Trnnslars March 2Q24 Income Expenditure D8partm8nl for Ihe Economy Slrale4ie Lillgallon DEtpartmonl lor Communltles - RISP Oepsflmonl for Cornmunilies - WRSP Queens Unlvarslty 8ella$l Dep8rlinenl for Communlt185- SVPR 182 54.182 176,404 <174.792) 11,8301 144 54,182 373,084 1370,8571 12.2271 127,545 1127,526) {191 21.528 17.5171 6.1941 7.817 168 28,727 128,7271 1168) 26
Law Centre (N.1.) Company Llmlted by Gijarantoa Note8 to the Financlal Statements l¢•nllniiod) Year ended 31 March 2024 12. Analy8is of charltable fundg 14unllnu¢dJ Thu Lègal Edu¢ailoii Fouiidallon L8w & PoliLy Th& oak Foundation Goinniunlly Ju4tlr8 Fijnd Tho Lo911 Edvcallon Foundallon Bellasl Clly Councll The EK6rullvo Officfj - MEDF Comniunlty Foundallon . Peopla ¢Jn the Edgcs Coomm(Inily Foundallon Nl All Isl8nd Fund D¢p¥flm8nl for Communi1105 - Webslt8 Th8 Executive Office- UAC Ju$liGe Tog¢lher TEO Immlgrallon 11,974 27,575 1,103 11,974 21,447 121.508 1123,6461 11,1031 {3,9901 6,401 7,843 36,872 6.000 {29.8e8) 11,77Ql 18031 11.602 12.073 40,552 (40,6671 11S 593 49,538 60,000 (52.2891 73,333 {51,3581 15,128 111,7gs) 158,539 1,080,681 11.021,915> 18,3041 18,037) {J,3331 <34.5901 83,478 182,715 Al 1 Aprll 2022 A131 Transfers MorGh 2Q23 Income Expendllura Departmenl for Ihe Eeonomy Slfalogic Lilloallon Depdrtmenl lor ComTnunllieS - RISP Dopgrtmenl lor Communlllgs. WRSP Qu¢Èn6 Unlveislly Bell¢151 Dpp¥rtm6nl IDr Communlligs- SVPR Tli8 Le9al Edu43lion Foundailon . Law & PollGy Thw 03k Foundallon Communlly Jusilce Fund The Leg81 Educallon Faundalloii 8•lTasl C51y Council 147,546 147.3841 162 54,182 54,182 381,880 1380.094) 11,7881 114.370 1114,3761 9,688 {7,2431 12.4451 95 22,7QG 121,9701 16e31 168 11,974 1 ?.,8fj6 1,103 11,974 27,575 1,103 144,419 {129,410) (3001 6,762 11,880 37,033 2,970 {37.710) 12,5g7) 1884) 14.4101 6,401 7,843 27
Law Centre {N.l.) Company Llmlted by Guarantee Notes to the Flnancial Statements fconllnuDd) Year ended 31 March 2024 22. Anoly$ls of rharltablo funds foonllniied) Tho ExeGuliva Office MEDF Gomrnunily Fouiid•llon- Peop18 on Ihe Edges Communlly Foundallort Nl - Wl Island Fund Deparlmenl for Communlile8 - Websllrj Tho Ex8culiv& Qltlco UAC Jusllco Togeimèr TEQ Iinmigialion 56,289 (55,6421 353 6,139 14,3g1) 11.748) 4,208 {1,6701 12,5381 18,105 118.9461 841 BO,000 so.000 187,07ai 14621 112,3291 593 49,538 109,209 1,064,012 (988,973) 125,7091 23. Analy¥ls of net 088018 b•tw••n fund• Unreslrl¢l8d Fund8 Resirfclod Total Fund8 Funds 2024 T*nglbl# lix8d •S$1515 Current assets Credllars less Ihan 1 y90r Not a8¥otJ 24,848 483,271 178,922) 4?.9,197 24,848 879,314 192.2501 611,912 19S,043 {13.3281 182,715 Unreslrlcled Funds Ro8lrlclod Tol81 Funds Fund5 2023 T•nglbltrJ as¥els Curr8nl a5s&I8 Cradilor81065 Ihin l yèar N¢1 a$s¢15 23,236 183,866 676,432 125,3271 112Q,3121 luf8,539 579,356 492.566 194,989) 420,817 Analy818 of chang•s In nèt dèbt At Al l Apr 2023 Cash Ilows 31 Mar 3024 Cash ol bonk and In hand 417,26S {133.2821 283.983 25, C¢ntlngenclo6 A contingent Ilablllty exlsls lo r¢pay grents and Trusl moni95 reG8ivÉd should cgrtBln condlllons nol ba fulfilled by the eliarlly. In the opinlon of Iho Trusle@s, thè 18rm8 of the Letl¢r$ of Qffer hève bean, Of wlll be, complled wlih and no Ilablllly Is exppcl8d. 20
Law Centre (N.1.) Company Llmiied by Guarantee Notes to the Flnancial Statements (eonllJ?uodJ Year ended 31 March 2024 26. Elhlral standard¥5 In cemffton wilh mpny olhor busino$8oa ol our sizg and nolurg we u59 our oudilor8 Io pPBre and submll returns to Ihe 18x aulhorllles and Bsslsl wllli the preparallon of th8 flnan¢lal $181emenls. 29