CENTRE FOR HEALTH AND WELL BEING REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ( A COTrIPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) COMPANY REGISTRATION NUMBER N1071963 REGISTERED CHARITY NUMBER XR 32202 CHARITY REGISTRATION NUMBER NIC 107322 O'HARA SHEARER CHARTERED ACCOUNTANTS AND STATUTORY AUDITORS 547 FALLS ROAD BELFAST BTII 9AB
CENTRE FOR HEALTH AND WELL BEING FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 CONTENTS Page Members and Professional Advisors Trustees Annual Report (including the Statement of Directors Responsibilities in respect of financial statements) Report of the Independent Auditors to the Members, Accounting Policies 8-10 Statement of Financial Activities (incorporating the income and expenditure accoun Balance Sheet 12 Statement of Cash Flows 13 Notes to the Financial Statements 14-19
CENTRE FOR HEALTH AND WELL BEING REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 OFFICERS AND OTHER INFORMATION Directors and Trustees, Lorraine Mills (Co-chairperson) Bernadette McGlade (Treasurer) Cara-cash Marley (Resigned I lth June 2024) Karen Laverty Caoimhin McNulty (Resigned 23rd March 2024) Raymond Blaney Hannah Burton Linda Doherty Riley Katherine Orr Company Secretary Karen Laverty Project Co-ordinator Nigel Mcclure ReGistered orriee Unit I 689 Springfield Road Belfast Co. Antrim BT12 7FP Auditors O'Hara Shearer Chartered Accountants & Statutory Auditors 547 Falls Road BelfasL BTI19AB Bankers AIB NI 36 University Road Belf&8t BT7 IND Company Registration Number N1071963 Charity Registration Number XR 32202 Charity Commission for Northern Ireland Registration Number NIC 107322 Registered Charity Name Centre for Health and Well Being Page I
Trustee's Annual Report April 2023 - March 2024 It has bn a pleasure to serve another year as a Trust. and Co-chair. of the Centre For Health and WellbeirHJ. At the beginnirvJ of the year we welcomed Raymond Blaney; Hanna Burton" Linda Doherty Riley and Katherine Orr to join the existiNJ Trust$ Cara Cash Marley (Co-chair)," Bemie McGlade (freasure¢ and Karen Laverty {Secretary) and Caoimhin McNulty. Throughout the Par each Tru has brought skills arKI experien that has made a valuabk contribution to the governan and direction of travel of the Cenlre. Cara's skill set and experience has bn missed during her time on matemity kave. as has Caoimhin's who resigned as a Trustee due to the demands of his employment. Overall it has bn a calm year, Ihe uncertainty and fear instilled in Ihe communily from the pandemic has receded, and the Centre has continued to serve the needs of the community. the level of serICe delivered only restrict by the amount of funds available. Thanks are due to the Department for Communities and the Victims and Survivors Service, for continuing to provide funding. supporting the Centre and it's service users. despite the inactiVFty and uncertainty around the Northem Ireland Executive for most of the year. The annual accounts reflect a significant increase in income re11 from Belfast Health and Social Care Trust from approximately £22,0 last year to £43.000 this year. This is refiective of the Centre's ability to respoThd to increasing nurnbers of Carer referrals over a wider geographic area of Belfast. Surplus general1 from this increasing income makes a valuable contribution to the cen*'S ability to cover costs. and to the sustainability of the therapists delivering at the Centre. bringing emplOYnt and resou[S to the area. I would like to thank trE Halifax Foundation for Northem Iland and the Edwarrl Gostling Foundation for their support of the Centre's counselling sep4ice for which there is a steady demand. The Centre is not a counselling organi&qtion but we are proud of the fact that we were able to step up and wond to client need through the provision of counselling. This would not be possible without the funding support provided. Additional in year furKling was supplied by the Victims and sur1V0rs Service to for complementary therapies in response to client need. Page 2
In total during the year with compfementary therapies. counselling, personal delopment classes. ouireach activities and a listening ear *rVI teÈphone Servi to vulnerable carers, the Cèntrè for Health and Wellbeiro Proyided a positive mental wellbeing sep4i¢e to approximatety 700 people. which is a considerable achievement. The ServIS cannot be delivered without the dedicat1 work of staff. Nigel and Patricia. and our team of 12 complementary therapists arKI 2 counsellors, all of whom are hohly valued by the charity and its service users. At the Centre we are acutely aware of our client needs and It is ourfocus to respond in a timely and meaningful way. Speaking with our clients it i8 clearto me how much ttEy appreciate the seryice and how hKJhly staff and therapists are thought off. This has bn the case since the Centre open1 its doors and is something we are justly proud of. I would also express my thanksto Tonyclarke and his team from Clarke & Co fortheir support with financial admintstration and to Lawrence Shearer from O'Hara Shearer for the audit and presentation of financial staternents. Speaking with Tony and Lawren. I know that desprte funding and financial challenges, the Centre's financial health is robust, depending on continued furKling support. ensuring we remain viable and in a position to continue to serrfe the mental wdlbeing needs of the local cornmuniiy. The retum of the Nl Executive I hope will provKle stability to Northem Iland and to the voluntary and communty groups that play such a vital role within the communty. The demands on the Heatth Service arKI limited budgets will always be the but I do know that. with continued funding. the Centre for Health and 1IbeIng will continue to respond to community ne1 for irnproved mental and physical wellbeing. Lorraine Mills 15 January 2025 Co-chalrperson Page 3
CENTRE FOR HEALTH AND WELL BEING FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 STATEMENT OF DIRECTORS RESPONSIBILITIES The directors are responsible for preparing the Directors, Report and the financial statements in accordance with applicable law and regulations. Company Law requires the directors to prepare financial statements for each financial year. The Trustees, who are also directors for the purposes of company law, present their report and the financial statements ofthe charity for the year ended ) 1st March 2024. The Trustees confimi that they comply with the requirements of the Charities Act (Northern Ireland) 2008 and Accounting and Reporting by Charities: Statement of Recommended Practice which applies to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2015). 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 state of affairs of the company and of the surplus or deficit of the company for that period. In preparing those financial statetnents, the directors are required to: select suitable accounting policies and then apply them consistently; make judiFements and estimates that are reasonable and prudent; prepare the financial statements on the goino concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose 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 prevention and detection of fraud and other irregularities. In so far as the directors are aware: there is no relevant audit infomation of which the company's auditor is unaware; and the directors have taken all steps that they ought to have taken to make themselves aware of any relevant audit infomiation and to establish that the auditor is aware of that infonnation. By order of the board.. 23rd January 2025 DATE BERNADETTE MCGLAD DIRECTOR Page 4
CENTRE FOR HEALTH AND WELL BEING FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS, Opinion We have audited the financial statements of Centre for Health and Well Being (the 'charity') for the year ended i l March 2024 which comprise the Statement of Financial Activities. the Balance Sheet. the Stateinent of Cash Flows and the notes to the financial statements. including a summary of 5ignifi¢anl accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 ThefiF7ancial Reporting Standai'd applicable in the UK and Republic ofli'eland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: give a true and fair view of the state of the charitable company's affairs &s at J l March 202J and of its incoming resources and application of resources, including its income and expenditure for the year then ended. have been properly pr¢pared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS102)}. the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). have been prepared in accordance with the requirements of the Cotnpanies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Audito¢s responsibilities for the audit of the accounts section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK. including the FRC'S Ethical Standarf and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to report to you where: the trustees, use of the going concern basis of accounting in the preparation of the financial statements is not appropriate. or the trustees have not disclosed in the financial statetnents any identified material uncertainties that may cast significant doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months frotn the date when the financial statements are authorised for issue. Other information The other infom)ation comprises the infonnation included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are reswnsible for the other inforniation. Our opinion on the financial statements does not cover the other infomiation and, except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other infonnation and, in doing so, consider whether the other infonnation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misststement of the other information. If, based on the work we have p¢rformed, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. Page 5
CENTRE FOR HEALTH AND WELL BEING FINANCIAL STATEMEP4TS FOR THE YEAR ENDED 31ST MARCH 2024 REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS, Matters on Ivhich we are required to report by exception In the lioht of the knowledtre and understandiniy of the Trustees and its eT]vironment obtained in the course of the audiL we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the followino tnatter5 in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: sufficient a¢¢ountinu records have not been kept; or the financial statements are not in agreement with the accounting records; or certain disclosures of trustees, remuneration Specified by law are not made- or we have not received all the inforniation and e.xplanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trnstees, who are also the director5 of the charity for the purpose of company law. are responsible for the preparation of the financial statements and for being satisfied that ive a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material mi55tatement. whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the ¢harity's ability to continue a5 a going concern. dis¢losin(T as applicable, matters related to going concern and using the tsoing concern basis of accounting unless the trustees either intend to liquidate the company or to cease operdtions. or have no realistic altemative but to do so. Auditor's responsibilities for the audit of the finaneial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mi55tatement. whether due to fraud or error. and to issue an auditorfs 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 (UK) will always detect a material Misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the a<y£Freoate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. rretyularities, includin(F fraud, are instances of non-compliance with laws and regulation5. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irreoularilies, including fraud. The extent to which our procedures are capable of detectinu irregularities. including fraud, is detailed below. Explanation as to what extent the audit Was considered capable of detecting irregularities, including fraud The objectives of our audit in respect of fraud, are to identify and assess the risks of material misstatement of the financial statements due to fraud,. to obtain suificient appropriate audit evidence regarding the assessed risks of material misstateinent due to fraud, through designing and implementinu appropriate responses to those assessed risks. and to respond appropriately to instance5 of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those ¢haroed with governance of the Charity. Our approach was as follows: We obtained an understandino of the legal and retsulatory requirements applicable to the charity and considered that the rnost significant are the Companies Act 2006 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP {FRS 102). Enquiry of manaoement, those charoed with governance and the entity's solicitors around actual and potential litigation and clairns. Enquiry of entity staff in compliance functions to identify any instances of any non-compliance with laws and regulation5. Reviewing fanCIal statement disclosures and testing to 5UPPOrting documentation to assess compliance with applicable laws and regulations. Page 6
CENTRE FOR HEALTH AIND WELL BEING FINA%4CIAL STATENIENTS FOR THE Tr'EAR ENI DED 31ST I¥IARCH 2024 REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS, Auditing the risk of management override of controls. inLluding ihrough testin2 journal entries and other adjustments for appropriateness. and evaluating the business rationale of si?niticant transaclions outside (he nonnal course of business. As pait of an audit in accordance wilh ISAS {UK) we e.xercise professional judgement and maintain protessional scepticism throughout the audil. We also- Identitv and assess the risks of material mi5Statcmcnt of the financial statements. whether duc to fraud or error. design and pcrforn) audit proledures responsive to those risks. and obiain audit evidence that 15 Sutficient and appropriate to provide a basis for our opinion. The risk ofnoi detecting a material misstatement resulting from frnud is higher than tor one resuliin? from error. fraud may involve collusion. forgerv. intentional OTnissions. misrepresentations. or ihe override of internal control. Obtain an understanding of internal control relevant io Ihe audit in order to design audil procedures that are appropriate in the ¢irLumsiances. but not for ihc purposes ot expressing an opinion on the effeclii'eness of the cotnpany's internal conm)l. Evaluate the appropriateness of accounting p)licies used and the re&sonablcness of accounting estimates and related disclosures made bv the dirccioTS. Conclude on the appropriaieness of the director5, Use of the going concern basis of accounting and. based on the audit evidence obiained. whether a material uncertainty exists relaied to events or conditions that mav cast signilicant doubt on the chariiy's abilitv to continue as a going concem. If we conclude that a material uncertainly exists. we are rcquired io draw attention in our aUdit0S report io the ff lated disclosures in thc financial statements or, if such disclosures are inadequate. to modifv our opinion. Our ¢onclusions are b&sed on the audit evidence obtained up to our auditols [x)rt. However. future cvcnts or conditions may callse the charity to cease lo ¢onlinue as a going conccm. Evaluaie the overall presentation. structure and content ofthe financial slatemcnts. including the disclosures. and whether the tinancial statements rcpresent the underlying transaction5 and cvcnts in a manner tha( achieves fair prcsentalion. A further description of our resw)nsibilities for the audit of thc financial staiements is Iated on the Financial Reporting CounLiI's website at- httpJlwww.frc.or£.uklauditorsresponsibilities. This description fornis part of our auditor's report. We comtnunicate with those charged with govemance regarding. among othcr EnatteTS. the planned scope and timing ot the audit and significant findings. including any significani deficiencies in intcmaj control thai we identify during our audit. Use of our report This rewrt is tnade solely to the charitable cOtnpanS members. as a immfv. in accordtsncc with Chapter 3 of Part 16 of the Companics Act 2006 and reeulations madc under that Acl. Our audil work has been undcrtaken so that we mioht state to the chai'itable companv's members those mattcr5 we are reqUId to state to thetn in an auditors, reTX)rt and for no other purpose. To the fullest cxtent pemiitted by lai¥. we do not accepi or assume responsibilits, to anvone other than the charitable cotnpany and its embers as a bod r our audit work. for this or for the opinion5 we have fomJeLL LAWR CE SHEARER F.C.A.. Senior Statutory Auditor FOR AND ON BEHALF OF O'HAIL4 SHEAREK Statutory Auditor O'HARA SHEARER CHARTERED ACCOUNTANTS AND STATUTORTr' AUDITORS 547 Falls Road Belfast BTII 9AB Dated: 23rd January 2025 Page 7
CENTRE FOR HEALTH AND WELL BEING FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 STATEMEwf OF ACCOUNTING POLICIES Accounting Convention and Basis of Accountints The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with Accountin(T and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard which applies in the UK and Republic of Ireland (FRS 102) (effective l January 2015) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Goin17 Concern At the time of approving the financial statements, the trustees, have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees, continue to adopt the going concern basis of accounting in preparin<v the financial statements. Income Recognition Income is recognised when the Charity has entitlement to the funds, any perforn]ance conditions attached to the item(s) of income have been meL it is probable that the income will be received and the amount can be measured reliably. Interest Receivable Interest on funds held is included when receivable and the amount can be measured reliably; this is normally upon notification of the interest paid or payable by the Bank. Resources Expended All expenditure is accounted for on an accruals basis and is classified under headings that aggregate all costs related to the category. Fundraising costs include the costs of advertising, producing publications, printing and mailing fundraising material, and staff costs in these areas. Costs of charitable activities include direct expenditure incurred through operational activities. Governance costs represent the costs associated with the governance arrangements of the charity which relate to the general running of the charity as opposed to those costs associated with fundraising or charitsble activity. Fixed Assets All tangible fixed assets are recorded at cost. Page 8
CENTRE FOR HEALTH AND WELL BEING FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 STATEMENT OF ACCOUNTING POLECIES Continued Depreciation Depreciation is calculated to write off the cost of fixed assets over their estimated useful lives at the following rates: Office refurbishment Office equipment 250/0 on cost 250/0 on cost Repairs and Renewals All repairs and renewals are written off as incurred Pension Costs The charity does currently operate a pension scheme. Debtors and Prepayments Trade debtors and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Creditors and Provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estiTnated reliably. Creditors and provisions are norn]ally recognised at their settlement amount after alloNving for any trade discounts due. Financial Instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Foreign Currencies Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the net movement in funds. Page 9
CENTRE FOR HEALTH AND WELL BEING FINANCL4L STATEMENTS FOR THE YEAR ENDED31ST MARCH2024 STATEMENT OF ACCOUNTING POLICIES Continued Fund Accounting Unrestricted funds are general funds that are available for use at the Trustees, discretion in furtherance of the objectives of the charity- Designated funds are unrestricted funds set aside by the trustees out of unrestricted funds for specific future purposes. Resti-icted funds are those given for use in a parttcular area or for specific purposes, the use of which is restricted to that area or purpose. The incorne received from funders depends on the charity meeting detailed criteria on expenses plans. Grants given under such conditions are also given subject to them being obtained for in connection with the furtherance of the charity's aims and objectives. Such income can be repayable to the funder if such expenses plans and criteria are not met. Such income is only deferred when the donor specifies that the grantldonation must only be used in future accounting pei'iods; or the donor has iinposed conditions which must be met before the charity has unconditional entitlement. Income from charitable activities includes income received under contracl or where entitlement to grant funding is subject to specific performance conditions is recognised as earned as the related goods/services are provided. Grant incorne included in this category provides funding to support perfonnance activities and is recognised where there is entitlernenL certainty of receipt and the amount can be measured with sufficient reliability. Income is deferred when.. fees/perforn)ance related grants are received in advance of the performance/event to which they relate. Reserves Policy Unrestricted funds are needed to provide funds which can be applied to specific projects to enable these projects to be undertaken at short notice and to cover the running costs of the Charity for a limited period, should there be a significant shortfall in projected income. Page 10
CE)TRE FOR HEALTH.I%4D II'ELL BEING ST.4TEIllENT OF FI)i.I_%4CI.IL.4crii'iTIES the income e FOR THE IEAR ENDED31ST NI.4RCH 2024 incor oratin enditure account I'.nrestrieted Restricttd Endownment TOTAL TOTAL FThd5 Funds Funds 2024 2023 r40TES INCONIE AND ENDOIVNI %IEINTS FRONI: Donations and legacies IncoTn¢ IroTn investments Income from ¢haritabl¢ activities Income from other trading actiYiti¢s 60.892 129.773 190.665 19i,940 TOTAL lINColE AIN4D ENDOIN'NNI IE)I TS 611,892 129,773 190.665 193,940 EXPENDITURE ON.. Expenditure on raising tunds Expendiiure on chariiable activities Otlier expenditure Net gainsl{losses) on investments 56.876 141,810 198,686 199,185 TOTAL RESOURCES E.XPENDED 56,876 141.810 198.686 199.185 NET INCOIWIEIIEXPENDITLTRE> 4.016 (12.037) 18,0211 (5,245) Transfers between fund5 NET lOVEl1ENT IIN FL,NDS 4,016 112,0371 {8,021) (5,24)) RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD 40.92) 21.702 62.625 67.870 TOTAL FUNDS CARRIED FORIV.4RD 44.939 9,665 62.625 The Statement of FinaNeial.4ctivities incllldes all gains and losses in tbe yegr and therefore # Statement of Total ReeogThised Cains and Losses has not bee prepared All ofihe b0ve ¥monts relate to tontinuing activities The accompanying a¢totsnti#g pDlities and the llotos fonll pn ofihese finlllcial stateents Page 11
CENTRE FOR HEALTH AND WELL BEING BALANCE SHEET AS AT 31ST MARCH 2024 2024 2023 NOTES FIXED ASSETS Tangible assets 2,837 6,391 CURRENT ASSETS Debtors and prepayments Cash at bank Cash in hand 12,906 40,478 57,773 53,384 57,773 Creditors: amounts falling due within one year 12 (1,617) (1,539) NET CURRENT ASSETSI(LIABILITIES) 51,767 56,234 TOTAL ASSETS LESS CURRENT ASSETSI{ LIABILITIES } 54,604 62,625 Creditors: amounts falling due after more than one year NET ASSETSI(LIABILITIES) 54,604 62,625 FUNDS: ENDOWNMENT FUNDS UNRESTRICTED INCOME FUNDS 13114 44,939 40,923 RESTIUCTED INCOME FUNDS 13115 9,665 21,702 54,604 62,625 These financial statements were approved by the Trustees on 23rd January 2025 and are signed on their behalf by: BERNADETTE IWICGLAD DIRECTOR DATE 23rd January 2025 The aecompanying aeeounting policies and notes form part of these financial ststements Page 12
CENTRE FOR HEALTH AND WELL BEING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 NOTES CASHFLOWS FROM OPERATING ACTIVITIES Cash generated frotn operations 10 (17,295) 9,547 Net cash inflow/(oufflow) from operating activities (17,295) 9,547 Investin(v activities Investment income Purchase of tangible fixed assets Acquisition of investments Disposal of investments Disposal of tangible fixed assets Net cash from investing activities Increase/(decrease) An cash and cash equxvalents in the year (17,295) 9,547 Cash and cash equivalents at the beginning of the ye2r 57,773 48,226 Cash and cash equiv3]lents at the end of the year 40,478 57,773 Relating to: Cash at bank and in hand 40,478 57,773 The aecompanying 2ccounttng policies and notes fom part of these fin*neial statements Page 13
CENTRE FOR HEALTH AND WELL BEING NOTES TO THE FIN.4NCIAL STATEI&lENTS FOR THE YEAR ENDED JIST I¥IARCH 2024 I. DONATIONS AND LEGACIES Unrestri¢ted Restricted Funds Funds Unrestricted Restricted Funds Funds 2024 2023 Donations Legacies 2. INCOME FROIVI INVESTTrIENTS Unrestricted Restricted Funds Funds Unrestrieted Restricted Funds Funds 2024 2023 Income from UK listed investments InLome from cash 3. INCOME FROM CHARITABLE ACTIVITIES Unrestrieted Restricted Funds Funds Unrestricted Restricted Funds Funds 2024 2023 Department for Cotntnunitics/BRO Victims & Survivors ServiLY Victims & SurviYor5 Scrvice- Envirotllnental Impmvement Grant Victims & Survivors Service- Peace Aivards for All Community Foundation Northern Ireland Halif Foundation The Edward Gostling Foundation Alben Sireel Community Ccntrc Incotnc generation Income generaiion - BH&SCT Outsourcc Work Incotnc generation- Newington Day Centre Income generation - Families Beyond Conflict Income generation - The Albert Hunt Trust Income generation - Oiher 58.036 58.137 58.036 58.137 63,217 65.430 63.217 65,430 10,000 9.900 10.000 9,900 3.600 10,000 3.6(Ki 10.IM)O 204 11,605 22.074 1,750 5.760 204 11.605 22,074 1.750 5,760 4.000 17.309 43.583 17.309 43.583 4,000 Less.. Deferred income 60.892 129.773 190.665 41.393 152.547 193.940 4. INCOME FROM OTHER TRADING ACTIVITIES Unrestrieted Re51ricted Funds Fllnds Unrestricted Restrieted Funds Fund5 2024 2023 Fundraising Page 14
CENTRE FOR HEALTH AND WELL BEING NOTES TO THE FIYI A,YCI.4L STATEfvIENTS FOR THE YEAR Ef4DED JIST MARCH 2024 5. EXPENDITURE ON RAISING FUNDS Unrestricted Restri¢ted Funds Funds Unrestricted Restricted Fund$ Funds 2024 2023 Promotional and fijndraising costs 6. EXPENDITURE ON CHARITABLE AcfivITIES Unrestricted Restricted Funds Fund5 UnTestricted Restricted Fllnds Funds 2024 2023 Wages and salaries {See Noie 8} Social security costs (See Note 8) Postage: printing and sthtioncry Travel expenses Programme costs Repairs and maintenance Finance service outsource leam Therapies Capital equiptncnt costs Nehvorking. advertising and event co#s Hospitality Sundry expenses DepreLi&iio 53.937 1.293 320 53,937 1.293 .370 673 55,720 1,815 1.000 56.393 1.815 1.203 1.050 203 4.194 1.836 524 37.975 12.210 92 4.976 52.699 16,404 1.928 5.500 90.674 13.779 1,706 1.635 27,425 4.542 127 4,782 59.359 18,321 1.833 6,417 86.784 35 220 35 220 773 773 3.554 3.554 3.554 3.554 49.906 125.527 175.433 49.230 127J45 176,575 Support Cost5 and Governance costs Tr<iining Memkrship and affiliation fcc5 TelLphone and internet IT mainlenanLe Light and heat Rent, rates and services Insurance Audit fees Other profcssional fees Bank interest and Charges 318 153 .513 513 989 2,502 318 153 1.856 513 4.188 12.664 1.307 .422 203 203 343 500 .631 463 4,242 12.330 ,593 1.374 463 2,327 2.270 3.199 10.162 1,307 1.272 1,915 10.060 1,593 1.272 150 102 832 832 774 774 6,970 16.283 23253 7,27D 15J40 22.610 TOTAL EXPENDITURE ON CHARITABLE AcfIvITIES 56.876 141.810 198,686 56,500 142,685 199,185 Page 15
CENTRE FOR HEALTH AND WELL BEING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 7. NET (OUTGOING)/ INCOMING RESOURCES FOR THE YEAR This is stated after charginJfj (crediting) 2024 2023 Auditors remuneration Depreciation 1,422 3,554 1,374 3,554 . SALARY COSTS AND EMOLUMENTS 2024 2023 Total staff costs were as follows: Wages and salaries - key management personnel Wages and salaries - other staff Employer social security Costs - key management personnel Employer social security costs - other staff HMRC Employment Allowance 32,097 21,840 4,467 1,762 (4,936) 34,022 22,371 4,901 ,914 {5,000) 55,230 58,208 The average monthly number of employees during the year was as follows: 2024 Number 2023 Number No employees had emoluments in excess of £60,000 (2023: £Nil) Trustees, remuneration and benefits There was no trustees, remuneration or other benefits for the year ended 31 st March 2024. (2023: £Nil) Trustees, Expenses There were no trustees, expenses paid for the year ended 31 st March 2024. (2023: £Nil) Page 16
CENTRE FOR HEALTH AND WELL BEING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 9. TANGIBLE FIXED ASSETS Office Office Refurbishment Equipment Total COST As at 1st April 2023 118.488 22,678 141.166 Additions Disposals As at 3 1st March 2024 118,488 22.678 141.166 DEPRECIATION As at I st April 2023 118.487 16.288 134.775 Charge for year Eliminated on disposal 3,554 3.554 As at 3 1st March 2024 118,487 19,842 138,329 Net book value 2023 2,836 2,837 Net book value 2022 6,390 6,391 10. RECONCILIATION OF OPERATING PROFIT TO NET CASH FLOW FROM OPERATING ACTIVITIES FROM OPERATING ACTIVITIES 2024 2023 Operating Surplus/(Deficit) for the year Depreciation Movement in debtors Movement in creditors Gain on investments (Profit)/Loss on disposal of Fixed Assets Investment income (8,021) 3,554 (12.906) 78 (5,245) 3,554 11,789 (551) Net cash inflow/(oufflow) from operating activities (17,295) 9,547 Page 17
CENTRE FOR HEALTH AND WELL BEING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Debtors Prepayments 12,906 12,906 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Social security costs and other taxes Credit card account Other Creditors Accrued expenses Deferred income 556 310 751 (462) 1,076 925 1,617 1,539 13. MOVEMENT IN FUNDS Opening Net Movement Balance in Funds Transfers between Funds 2024 2023 Unrestricted Income Funds General fund 40,923 4,016 44,939 40,923 40.923 4,016 44,939 40,923 Restricted Income Funds Department for CommunitieslBRO Halifa.K Foundation Awards for All The Albert Hunt Trust Community Foundation Northern Ireland The Edward Gostling Foundation 11,690 4,000 6.012 (10,940) (345) (6,012) 5,260 750 3,655 11,690 4,000 6,012 5,260 21,702 (12,037) 9,665 21,702 Page 18
CENTRE FOR HEALTH AND WELL BEING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 14. UNRESTRICTED INCOME FUNDS 2024 2023 Balance at I st April 2023 40,923 56,030 IncomincT resources for the year Resources expended for the year Transfer between finds 60,892 41,393 (56,876) (56,500) Balance at 3 1st March 2024 44,939 40,923 15. RESTRICTED INCOME FUNDS 2024 2023 Balance at 1st April 2023 21,702 11,840 Incoming resources for the year Resources expended for the year Transfer between finds 129,773 152,547 (141,810) (142,685) Balance at 31 st March 2024 9,665 21,702 16. LEGAL STATUS Centre for Health and Well Being is a Company Limited by Guarantee. Each member has agreed to contribute £ l in the event of a compulsory winding up. Centre for Health and Well Being is a recognised Charity within the definition of Section 360(3) Income and Corporation Taxes Act 1970 by the Commissioners of the Inland Revenue. Centre for Health and Well Being is a registered Charity with the Charity Commission for Northern Ireland. The registration number is NIC 107322. Page 19