Company Number: N1631839 Community Advice Newry, Mourne & Down (A Gornpany Ilmlted by guaranteo, not havlng a sharfj capltall Annual Report and Audlted Flnanclal Statements for the financial year ended 31 March 2023 Daly Park & Company Ltd Chartered Accountants and Registered Auditors 6 Trevor Hill Newry Co. Down BT34 1DN Northem Ireland
Community Advice Newry, Mourne & Down IA company limited by guarantee, not having a share ¢apitall CONTENTS Page Reference and Admlnlstrative Information Dlrectors, Annual Report Statement of Directors, Responslbllltles Independent Auditorfs Report 10-12 Statement of Financial Activities 13 Balance Sheet 14 Notes to the Flnancial Statements 15- 18 Svpplementary Infomiation rglatlng to the Flnanclal Statements 20
Community Advice Newry, Mourne & Down IA company limited by guarantee. not having a sharè Capital) REFERENCE AND ADMINISTRATIVE INFORMATION Dlrectors Paul Kane Artur Kmieclk Samuel Mccallisler Cllve Walllnglon Nadlne Havern Aoife Downey (Appolnted 4 January 2023) Chalrperson Paul Kane Company Numb¢r N1631839 Raglstorod Offlce and Prlnclpal Addr88S Ballybot House 28 Cornmarkel Newry Co. Down BT35 88G Northern Ireland Audltor$ Daly Park & Company Ltd Chartered Accountants and Reglslered Audllors 6 Trevor Hill Newry Co. Down BT34 1DN Northern Ireland Bankor8 First Trust Bank 4244 Hlll Street Newry Co. Down BT341AU Northern Ireland Sollcltors Luke Curran & Co. Sollcltors 6 Mau5 Square Newry Co. Down BT34 1AY Northern Ireland
Community Advice Newry, Mourne & Down {A company limited by guarantee. not having a share capital DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 The directors present their Dlreclors, Annual Report, comblnlng the Directcrs, Report and Trustees, Report, and the audited financial statements for the financial year ended 31 March 2023. The flnanclal statem8nls are prepared In accordance with the Companies Act 2006, FRS 102 The Financlal Reportlng Standard appllcable in the UK and Republlc of Ireland. and Accounting and Reporting by Charitl8s: Slalemenl of RecommDnded Practlce applicable to charities preparing Ihelr financlal stat8m8nts In accordance wllh the Financlal Reporting Standard appllcable In the UK and R8publlc of Ireland (FRS 102). The Dlreclors, Report contains the informallon requlred to be provlded in the Directors, Annual Report under the statement of Recommended Practlce {SORP) guidelines. The directors of the company are also charlly trustees for the purpose of charlly law and under the company's Constltullon are known as members of the board of trustees. In thls report the dlreclors of Community Advlc8 Newry, Mourne & Down present a summary of Its purpose. governance, 8Ctlvllles, achievements and flnances for the financial flnancial year 31 March 2023. The company is a reglst8r8d charfty and henca the report and results are presented In a form whlch complles wllh the requiremenls of the Companles Act 2006 and, although not obllg8d lo comply wllh the Statement of Recommended Practlce {Charllles SORP effective January 20151, the organlsallon has Implemented its recommendatlons whar8 relevant In these financial 8latemenls.
Community Advice Newry, Mourne & Down IA company limited by guarantee. not having a share Capital) DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 Revlew of Activitlo$. Achievements and Perfonnance Community Advlce Newry Mourn8 & Down has four key principles which helps us lo fulfil our alms: 1. Independent: We wlll always act In the interest of our cllents, wilhoul Influence from any oth8r oulslde bodies. 2. Impartlal: We don't judge our cllenls or make assumptlons about them. Our service is open to 8veryone, and we treat everyone equally. 3. Confldentlal: We won,; pass on anything a cllent tells us. or 8ven If the fact that th81 vlsll us, wlthout Ihelr permlssion. 4. Free., No-one has to pay for any part of the servlc8 we provide. Whoever you are, whatever the problem, we are here lo help-by phone, by email, online WhalsApp, and in person. Our staff and volunteers see so many people with so many kinds of problems and that gives us a unlque Insight Into the challenges people are faclng today. With the rlght evidence, we can demonstrate both to local and reglonal government how thlngs can be made better for people. We want lo see every person In our community empowed lo make declslons and exerclse thelr rfghls, where everyone had dignlty In living and where all are treated lairly by those holdlng or exercislng powe Our vision and the charitS purpose 8re: The prolectlon and preservatlon of health. The rellef of poverty, slckness and distress. The advancement of educallon. As an organlsatlon we contlnue lo make progress in provldlng a se8mle8S Customer loumey for members of our local communlty lo access our services through Ihe various channels menlioned abovè. The past year has been extremely challenglng for our cllenls who were faced wllh rlslng Inflation and soarlng food, energy and housing costs. Many clSents experienced Fianclal dlfflcullies, Job losses, relationship breakdowns, mounllng debts and i?oor menlal health. The straln on households was Immens8 and increasingly peop18 In full lime employment came lo us for advic8. One of the kay str8nglhs of the organlsallon is the 8vailablllty of Income maxlmlsatlon calculallons for every cllenl, often this has resulted Sn some clients r8celvlng benefits whlch they dSd not know they wer8 &ntitlod to, Dellvering hlgh quallty, holistiG Informallon and adviGo Is cruclal In the relief of poverty, slckness and stress. People are comlng to us for help with Increaslngly complex problems and optlons to rgsolve such issues can be Ilmlted. Desplle thes8 challonges we are proud lo say that our Charity rose lo tha task. But we cannot do It alone and W8 know the Impact of building and maintaining meanlngful partngrshlps. One of the58 partnershlps Is the Strategla Slakeholdor Forum whlch 19 the bociy repsentIng the communlty voluntary 8nd so¢lal entorprl$es In Communlly Planning wlthln the Newry Mourne & Down Dlstrl¢t Council area. Worklng closgly together durfng the COVID Crlsls has seen the development of referral pathways wllh a wide varlely ol organisalions. Wllhout having these referral pathw8ys our cllenls would not only be worse off flnanclally but many would be struggling mentally. Staff can provlde the initial advlce, but should on%olng support be required we can access the pathway very qulckly. Examples are Foodbank's, Women's Ald, Tralnlng Programmes, Social Prescriblng groups. Equally our partners can access our services uslng our Dlgital Referral System which Is on our webslte. We have also developed good worklng partnershlps wllh the Mulli-Dlsclpllnary Teams whlch are based in GP Surgeries across both the Southern and South Eastern Trusts. Thls has allowed Social Workers, Health Visitors and Dlstrfct Nur8es to refer to our servlces and they often accompany thelr servlcg users lo the appolnlmenl as they have a good knowledge of both the servlce user and Ihelr famllles. This partnershlp has shown with support from the Health Care Professlonal and Communlty Advice the cllent has reduced stress and anxiety less dependence on drugs and alcohol. I belleve the Ilma18 rlght for the Health Service lo put long tem Investment into advlce provision and by doing Ihls money is Saved for the health servlce Ir, the long term. This year has seen an Increase In Ihe number of roquusts from local community groups such as Men's Sheds, Montal Health Charities to dellver presentations on who are and what we do lo help those who most need It In our local community. This has increased awareness of our service not only to those who have allended the sessions. but they have been able lo bring the information back to family friends and others in the commLJnity. Many of the groups who we presenled lo are now using our Digital Referral Pathway. With the ongoing cost-of-living crisis many organisations have asked us to deliver budgeting sessions to their employees and lo Iheir service users. These sessions have been invaluable in passing tips and improving the financial capability of those attending. Throughout the year we have provided staff and volunteers with training which is irnportanl for their continual personal development. Training has been delivered intemally and delivered from extemal organisations. We listen to what our staff and volunteers require to assisl them in delivering a highl quality service. Our Organisation is now in the se¢ond year of our Business Plan from the Business Plan an Operational Workplan was implemented which has improved reporting mechanisms and achieving targets. The Trustee Board have actively
Community Advice Newry, Mourne & Down (A company limited by guarantee, not havlng a share capltal} DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 assisled and worked with the Manager and her team throughout the year, lo asslst In making the right things happen for the organisalion. Whilst govemance is a key area of responsibility, efforts are also aimed at providing leadership using the skill sets that egch Trustee brings lo the organisation and with the objective of oplimising the effectiveness of the organisation. All decisions that ar8 made are fundamental to the service, our clients and staff, In setting the objectives, and for th8 plannlng ahead, the Trustee Board have glv8n careful consideration to the Charfly Commlsslon for Northern Irelands guidance on publlc benefit, to ensure that the actlvltles have helped to achieve the charitls purposo and provlde a benefit for the beneflclarles. Many thanks lo all our Funders who, wlthout thelr bellel In the work that we do, we would not be able lo make an Impact on our communlty. Our core fundlng comes from Dèpartment for Communllles and Newry Mourne & Down Dlstrlct Councll. They have supported us In the dallvery of th& D8bt Prol8Ct. Welfare Reform, Tribunal Representation and Generalist Advice & Information. We secured fundlng from Soulhem Health & Soclal Carè Trust whlch allowed us to support clients in rural isolated communities. Funding was also secured from the Southern Publlc Health Agency for our Advice 4 Health project whlch allows us lo support patients and staff in Dalsy Hill Hospital. Part of this funding also goes towards Advlce 4 Health cllnlcs for Ethnlc Mlnorlty & Migrants including Travellers living in the Newry & Mourne Area. The other part of thls fundlng provldes termlnally111 pallenls and thelr lamllles In the Southem Area Hosplc& lo recelve support and advlce In the Hosplce, As part of the pilot for the Social Supemiarkel we recelved fundlng as part of the wraparound servlce. We provlded addltlonal advlce hours and secured £23,000 In unclalmed beneflls for those who used the Soclal Supemarket. I would like lo thank the Board for their support and guidance during 2022123 Including many meellngs and zoom calls. W8 have an excellent Board with each Director bringing a wealth of experlence to the table. I want to glve a hearlfell special acknowledgement to the incredible adaplabillly and resllienca of the staff team and volunteers who are always drlven to hgi.;) as many people as posslble. Rosomar50 Mc Donnell Flnanclal Revlow The flnanclal statem&nts are presented In the standard format requlr8d by th8 Companles Act 2006 and the Charities SORP. The Slatemant of Flnanclal Actlvltl&s (SOFA) shows thg gross Income from all sources. Flnanclal Rosults Al the end of the financial year the company has assets of £384,49212022 - £387,411) and Ilabllllles of £77512022 £19,790). The net assets ofthe company have increased by £16,096. Dlrectors The directors who served throughout the financlal year, except as noled, were as follows.. Paul Kane Artur Kmleclk Samuel Mccallister Cllve Walllngton Nadlne Havern Aolfe Downey (Appolnted 4 January 2023) In accordance wlth the Artlcles of Asso¢latlon, the dlreclore 'ellre by rotatlon and, being eligible, offer themselves for re*election. Compliance with sector.wide Leglslatiort and Standards The company engages pro-actively with legislation. standards and codes whlch are developed for the sector. Community Advice Newry. Mourne & Down subscribes to and is compliant with the following.. The Companies Act 2006 The Charities SORP (FRS 102) Public Benefit statement In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's statutory guidance on public benefit to ensure that the aclivities have helped achieve the charity purposes and provide a benefit to the beneficiaries.
Community Advice Newry, Mourne & Down {A Company limited by guarantee, not having a share ¢apltall DIRECTORS, ANNUAL REPORT for the financial year ended 31 March 2023 halrmans Report l-he Board of Directors ol Community Advice Newry Moume and Down would like to express thanks lo the Ghlef Executive, Rosemarie McDonnell, her Senior Management ieam of Anne Burns and Kellie Murray and all the staff and volunle8rs who helped our community find a path through this most challenglng of years. I would also wish to thank Ihe.who18 Qf the Board who have volunteered their lime and 8xp8rtise not only ta attend Board meetlngs bul to undertait L4 8 varlety of other duties, often unseen. without whlch we could r,bL have funclloned effecllvely as a Board. The past year has wltnessed our local communlty contlnue to suffer from the aftereffecls of COVID-19. Thankfully whllst the worst of the Infectlon Is behlnd us, unfortunately some of the longtall consequences Ilnger on to affllct our populatlon. Long term physlcal Illness, mental health, bereavement, redundancy, famlly breakdown, domestlc abuse and Isolatlon, all exacerbated by the perfod of COVlD-19 disruptlon, sllll remaln and contlnue lo Impact upon the Ilves of our cltlzens, The stsrk re8llly ol the costf-[1vIng crisis, caused by a multitude of factors, has continued. The manifeslatlons- hlgh Inflallon, decllne In real Incomes, hlgh fuel, healing and food costg. rising rents and accommodatlon shortages- have now Intertwlned wSth the afteraffects of COVID-19 to attempt lo squeeze the very soul out of our communlty. The absence of slrateglc polltlcal leadershlp at a regional level has not a8SlSted our 8bility to recover. However, Newry Mourne and Down Is a resilient and inherently caring communlty. Thls reslll8nc8 has been contributed lo by the work of Community Advice who have continued lo give free. indapendent, confldenllal and impartial advice and advocacy, accessible to everyone across the whole of the council area. This servlca has baen d8llvered In ever new and Imaglnallve ways to an even greater number of clSents whllst havlng at Its core a one-lo- on8, face-lo-face relatSonshlp, so key to client confidence and organisational success, It is worthwhile noting that'.his year has witnessed some trends developing in our work. One such trènd has been the growth in inter-related Issues being presenled by clients. No longer do clients present with one standalone Issue; rather they often present with complex Issues whlch stretch and challenge our rasponsa. Anolher trend has beon the Increase In Issues whlch may not be percelved by others as typical of our work. Hence whllst the Issues of walfare beneflts arg Stlll of major slgnlficancg, around forty p&rcentagg of Issu8s pr888nl8d by cllents are non- benefits Issues. A flnal trend worth recordlng has been the growth In cross-border issues often related lo people working in two legal and political jurisdictions, mado more problemallc by the outworking of Brexit. Qno moasure ol the suc¢ess we have had in dealing wilh th6 above Is tho financlal galn obtslned for our cllenls. Over £6.1 mllllon In galn has gone dlrectly to them, and IndlreGlly to tha communlty, In addlllon lo over £2 million In debt resolullon. Another measure has been the oVeh81Mlng posltlve feedback whlch we have received from those cllenls who we have had the pleasure lo help and In so dolng have reduced the stress In their lives. Community Advlce does not work In Isolallon. Without ourfunders, Includlng the Department for Communltles, Newry Mourne and Down Council, Southern Trust. the Public Health Agency, the Money and Penslons Servlce and the many prlvale donors, we slmply could not hava d8llvered our service to the community. In the year ahead we wlll conllnue to work closely wllh them and seek Ihelr ongolng support and understanding. Likewise, we will continue lo loln wlth our slsler communlty and statutory organlsatlons to help dellver an Increaslngly linked up service to and for Thi8 report will detail what we have done and for whom we have done It,11 wlll help demonstrate an organlsallon that has shown flexibility and responsivene3s,' an organisation that has shown that It not only uses Its head but also listens to its heart. an organisation Ihal has visibly contributed to the reslllence of the Communlty, a communlty In which it is firmly anchored., an organisation which has 8dded igniflcantly to the monetary value of that communlty: an organisatlon whose people are fully committed to its Vision, Mission and Values. The financlal statements are prepared in accordance with lhe Companles Act 2006, FRS 102 The Flnanclal Reporting Standard applicable in the UK and Republic of Ireland and accounting and reporting by the Charities Statement of Recommended Practice applicable to chariiies preparing their financial statements In accordance wlth the Financial Reporting Slandard applicable in the UK and Republic of Ireland. In this report the Directors of Community Advice Newry Moume and Down present a summary of its purpose, 90vernance, activities. achievements and finances for the financ*.?l year. Paul Kane, Chair of Board ofTrustees
Community Advice Newry, Mourne & Down IA company limited by guaranteo, not having a share capital) DIRECTORS. ANNUAL REPORT for Ihe financial year ended 31 March 2023 Audltors The auditors, Dgly Park & Company Ltd, {Charterod A¢countanlsl have indicated their willingness lo continue In offlce In accordance with the provislons of Sectlon 485 ofthe Companies Act 2008. Approv by the Board of DlreGtors on and slgned on Its bahalf by: Paul Kane Dlrect Cllve Walllngton Dlrector
Community Advice Newry, Mourne & Down (A company limited by guarantee, not having a share Capital) STATEMENT OF DIRECTORS. RESPONSIBILITIES for the financial year ended 31 March 2023 The dlrectors are responslbla for preparing the financlal slatemenl$ In accordance with appliGable law and r8gulalions. Company law requlres tha dlre¢lors to prepare financlal slalaments for each financial year. Under that law the dlrectors have elected lo prepare the financial slalemenls In accordance with Unlted Kingdom Generally Accepted Accounting Practice (Unlled Klngdoin Accounting Standards and appllcable law) including FRS102 'The Financlal Reportlng Standard appllcable in tl'ie UK and Republlc of Ireland.. Under company law the direclars must not approve the financlal statements unless they ara satlsfled that they give a true and fair view of the slal8 of affalrs of the company and of the net Income or expenditure of the company for that period. In preparing these flnan¢lal statements, the directors are r8qulred lo,, select suitable accountlng pollcles and apply them conslst8nlly' observe the methods and prfnclples In the Charities SORP make judgements and esllmates that are reasonable and prudent; stsle whether the financlal statements have been prepared in accordance wllh the relevant ITnancial reporting framework, Identify those standards, and note the effect and the reasons for any malerlal departure from those standards., and prepare the financlal statements on the going concern basls unless It Is Inappropriate lo presume that the company will conllnue In operatlon. The dlreclors are responslbl8 for k8eplng adequate accounting records that are sufflclent to show and explain the ¢ornpany's transacllons and dlsclose with reasonable accuracy al any Ilm8 Ihg flnanclal positlon of the cotnpany and enable them lo ensure that th8 flnanclal slatemonts comply with the Companles Act 2006 and. They are also responslbl6 for safeguarding the assels of the company and hence for taklng reasonable steps for the pr8v8nllon 811d detection of fraud and oth@r Irregularilles. In so far as the dlreclors ar8 awarg: there Is no relevant audit informatlon {Informallon needed by thg company's audltor In connectlon wllh preparlng the audltor's r8portl of whSch tho company's audltor Is unaware, and th8 dlreclors have taken all the steps that thay ought to hava taken as directors in order lo make themselves aware of any relevant audit informatlon and lo establish that the company's audllor Is aware of that Informallon. Approv by the Board of Dlrectors on I and slgned on Its behalf by: Paul Kane Dlractor Cllvo Walllngton Dlrector
INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Newry, Mourne & Down (A company limited by guarantee, not having a share ¢apital) Report on the audit of the flnancial statements Oplnion We have audited the company financlal slalemenls of Communlty Advlce Newry, Mourne & Down {'Ihe company,) for tho flnanclal year ended 31 March 2023 whlch comprlse Ihe Statement of Financial Acllvitles (incorporating an Income and Expenditure Account), the Balance Sheet and notes to the flnanclal statements, includlng tha summary of slgnificant accountlng pollcies set out In note 2. The financlal reportlng framework that has b88n appli,•d In their preparation is appllcable 18w and Linlled Klngdom Accounllng Standards. including FRS 102 "The Flnancial Reporting Standard appllcable in the UK and Republlc of Ireland" and Accounting and Reportlng by Charities: Slatemenl of Recommended Practlce appllcable to charltles preparlng their accounts In accordance wllh FRS 102. In our oplnlon, when reportlng In accordance with a falr presentation framework the financlal statements: glve a true and falr vlew of the stale of the company's affalrs as at 31 March 2023 and of ils surplus for the financlal year then ended., have been properly prepared In accordance wllh Unlted Kingdom Generally Accepted Accounting Practlce., and have been prepared in accordance wllh the requirements ol the Companies Act 2006 and the Charities Act (Northern Ireland) 2008. Basls for oplnlon We conducted our audit In accordance with Inlernatlonal Standards on Audltlng (UK) (ISAS IUKII and applicable law. Our responsibllities under those standards are further described in th8 Audllor's responsibilities for the audit of the flnanclal statements 5ecllon of our report. W6 are independent of the company in accordanc8 wlth ethlcal r8qulrements that are relevant to our audlt of the financial statements In the UK, Including the FRC'S Ethlcal Standard, and w8 have fulff Iled our oth8r elhlcal responsibilitl8s In accordance with these requirements. Wa bellev8 that the audit evldence we have oblalned Is sufflclent and approprlate lo provlde a basis for our opinion. Concluslons relatlng to golng concorn In audltlng the financlal slatemenls, we hav8 concluded that the dlreclors. us8 of th& golng concern basls of accountlng In the preparatlon of the financial stal8m@nts Is appropriate. Based on th8 work we have performed, wo have not Id&ntlfled any material uncertalnllas r8latlng lo events or onditions that, Indlvldually or collecllv8ly. may cast Slgnificanl doubt on the company's ability to conllnu8 as a golng concern for a period of al least twelve months from the dale when the flnanclal statements are authorised for Issue. Our responsibllities and the r8sponslbilities of the dlreclors wlth respect lo golng concern ar8 described In the relevant sectlons of Ihls report. Oth•r Informatlon The other Informatlon comprises the Infomiatlon Included in the annual report other than the flnanclal statements and our Auditorfs Report thereon. The dlreGtors are responsible for the other Information contained wllhln the annual report. Our oplnlon on the financlal statements does not cover the other infomation and, except lo the extent olherwlse expllcllly slated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other informatlon and, In doing so, conslder whether the other informatlon Is malerfally inconslstenl wllh the financial statements or our knowledge oblalned In the course of the audlt, or othe1$e appears lo be materially misslated. If we Identify such materlal Inconslstencles or apparent materfal mlsstatoments. w& are qUIred lo detemilna whether this gives rise lo a materlal mlsstalement in the financlal ststements themselves. If, based on the work we have performed, we conclude that there 1$ a malerlal mlsslalement of ii>*ls other information, we are requlr8d to report that fact. We hava nilthlng to report In thls regard. Oplnlon on other matter prescrlbed by tho Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit., Ihe information given in Ihe Directors. Annual Report for the financlal year for which the financial slalemonts are prepared is consislenl with the financial slalements,. and the Directors, Annual Report has been prepared in accordance with applicable legal requirements. 10
INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Newry, Mourne & Down IA company limited by guarantee, not havln9 a share ¢apitall Matters on which we are required to report by exception In the light of our knowledge and understanding of the company and its environment obtained In the course of the audit, we have not identified matedal mlsstatements In the Directors, Annual Report. We have nolhlng to report In respect of the followlng matters where the Companles Act 2006 raqulres us to report to you If, In our oplnlon: adequate accounting records have not been kept,, or the financial statements are not In agr¥gment wlth the accounllng records and returns; or certaln disclosures of dlrectors, remuneratlon speclfled by law are not made., or the directors were not enlllled to prepare the tlnanclal statements In accordance with the small companies regime and take advantage of the small companles, exempllon In preparlng the DSrectors' Annual Report. Rosponslbllltles of dlractors for the flnanclal statements As expl8lned more fully In the Statement of Directors, Responslbllilles set out on page 9, the dlreclors are responsible for the preparation of the financial statements and for being satisfied that they glve a true and falr vlew, and for such Internal control as they determine is necessary lo enable the preparallon of flnanclal statements that are free Irom materlal mlssletement, whether due to fraud or error. In preparing the financial slatemenls. the directors are responsible for assessing the company's ablllty lo contlnue as a going Concern, discloslng, as applicablè, mattèrs related to going concern and uslng the golng conc8rn basls of accountlng unless management either Snlends to liquldale tha company or to ceasg opèrallons, or has no reallsllG allèrnalive bul to do so. Audltor's r8sponslbllltlès for th8 audlt of the flnanclal statoments Our objectives are to obtain reasonable assurance about whether the financi81 statements as a whol8 are free from I misstatement, whether due to frdud or error, and lo Issue an Auditorfs Report that Includes our oplnlon. Reasonable assurance Is a hlgh 18v91 of assuranc8, but Is not a guarantee that an audit conducted In accordance with ISAS (UK) will always detect a material misstatement when il exists. MSsstalements can arlse from fraud or error and arè considered material if, individually or in tha aggragaté, they could reasonably be oxpected to Influence the economlc declslons of users taken on the basls of these flnanclal statements. Irregularltles. Including fraud, are Instances of non-compllance with laws and regulations. Wa deslgn procedures In ling with our responsibilitios, oulllned abovg, to del8cI mat6rlal mls$tatements In r8SP8cI of Irregularllles. Includlng fraud. The 8xtftnt lo whlch our procedures are capable of deteGllng IrregularllSes, in¢luding fraud is dotai18d below.. Further Informatlon regardlng the scope of our responslbllltles as audltor As part of an audit in accordance with ISAS IUKI, we exercise professlonal judgement and malnlaln professlonal scepticlsm throughout the audit. We also: Identlfy and assess the rlsks of malarlal mlsslatement of the flnanclal statements, whether due lo fraud or error, deslgn and perfomi avdll procedures responslve to those rlsks, and obtain audit evidence that Is sufflclgnl and appropriate to provide a basis for our opinion. The risk of not detecting a materlal mlsstalement resultlng from fraud is higher than for one resulting from error, as fraud may Involve colluslon, forgery, Inlentlonal omlsslons, mlsrepre8entations, or the overrlde of Internal control. Obtaln an undarstandlng of Intemal control relevant to the audit in order lo design audit procedures that are approprlatè In the clrcumstances, but not for the purpose of expresslng an opinion on the effectlveness of the company's Intemal control. Evaluate the approprfateness of accountlng pollcles used and the reasonableness of accounting eslimales and related dlsclosures made by dlreclors. Cn11clude on the approprfateness of the dlreclors, use of the golng Corivern basis of accounting and, based on the audit evldence oblalned, whether a material uncertainly exists relaied to events or condluons that may cast slgnificant doubt on the company's ability to continuo as a golng concern. If we conclude that a materlal uncertainty exists, we are required lo draw attention in our Auditor's Report to the related disG105ure5 In the flnanclal statements or, if such disclosures are inadequate, lo modify our opinion. Our Goncluslons are based on Ihe audit evidence oblained up to Ihe date of our Auditorfs Report. However, future èvents or conditions may cause the the company to cease to continue as a going concem, Evaluate Ihe overall presentalion, structure and content of the financial statements, including the disc105ures. and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 11
INDEPENDENT AUDITOR'S REPORT to the Members of Community Advice Newry, Mourne & Down (A company limited by guarantee. not having a share capital) We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and si9nlficant audit findings, including any significant deficiencies in internal control that we identify durlng our audlt. Tho purpose of our audlt work and to whom we owa our respon$lbllltles Th,s report Is made solely to the company's members, a5 a body. in accordance wlth Chapter 3 01 Part 18 of the Companies Act 2006. Our audit work has been undertaken so that we mlght slate to the company's members those mallers w8 are requlred lo stal8 to them:':,n an audilorfs report and fr>r no other purpose. To the fullest oxt8nt permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's memb8rs as a body, for our audit work, for Ihls report, or for the oplnlons we have formed. Darragh Co (Senlor Statutory Audltor) for and on behalf of DALY PARK & COMPANY LTD Chartered Accountants and Reglstered Auditors 8 Trevor Hlll Newry Co. Down BT34 IDN Northern Ireland 15 D8cèmbar 2023 12
Community Advice Newry, Mourne & Down IA cornpany lirnited by guarantee. not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditurè Account) for the financlal year ended 31 March 2023 Unr8Strlcted Funds 2023 Total Unr6slrlcted Funds 2022 Total 2023 2022 Notes Incornlng Resources Voluntary Income Other Income 1,883 652,309 1,863 652,309 1,823 890,833 1,823 690,533 Total Ineomlng resourcas 654,172 e54,172 692,356 692,356 Rosource8 Expended Raising funds 638,076 638,076 647,299 847,299 Net Incomlngloutgolng r6sourG8s before transfers Gross transfèrs beteen funds 16,096 16,096 45,057 45,057 Net movoment In funds for the flnanclal yèar 18,096 16,096 45,057 45,OS7 Reconclllatlon of lunds Balances brought forward at 1 Aprfl 2022 12 367,621 367,621 322,564 322.564 Balanc88 carrled forward at 31 March 2023 383.717 383,717 367,621 367,621 The Statement of Flnanclal A¢livitlo3 Includgs all galns and losses reGognlsed In the financial year. All Incom& and expendllur8 relale to contlnulng aclivitles. The notes on pages 15 10 18 form part of the financial stslernenls 13
Community Advice Newry, Mourne & Down IA company lirnited by guarantee, not havlng a share capital) Company Number.. N1631839 BALANCE SHEET as at 31 March 2023 2023 2022 Notes Flxed Assets Tangible assets 3,828 5,109 Current Assets Debtors Cash al bank and In hand 225,988 154,676 190,480 191,822 380,664 382,302 Creditors: Amounts falllng due wlthln one year 10 1775) {19,7901 Net Currènt Assets 379,889 382,512 Total Assets less Current Llabllltles 383.717 367,621 Funds Gèneral fund (unreslricled) 383,717 367,621 Tolal funds 12 383,717 367.621 These flnanclal slalomenls havo beon prgpared In accordan¢g wlth tho speclal provisions r8lallng lo small companles within Part 15 of tho Companles Act 2006. Approved by the Board of Dlroctors and authorlsed for Issue on Ir bohalf b Zc)23 and signed on Its Paul Kane Dlrector Cllve Walllngton Dlre¢tor The notes on pages 15 10 18 form part of the fillancial stslements 14
Community Advice Newry, Mourne & Down {A company limited by guarantee. not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFQRMATION Community Advlce Newry, Mourne & Down is a company limited by guarantee incorporated in Northern Ireland. The registered oritce of the company Is 8allybol House, 28 Cornmarkel, Newry, Co. Down, BT35 8BG, Northern Ireland whlch Is also lh8 prtnclpal plac8 of buslness of the company The financlal slalemenls have been presented In Pound Slertlng 1£) which is also the functional currency of the company, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting pollcles have be8n applied conslstenlly In dealing wllh Items which are consldered materlal in relatlon to the charlty's financlal statements, Statement of compllanca The flnancial statements of the company for the flnancial year ended 310ecember 2017 have b88n prepared on the going concern basls and in accordance wllh the Statement of Recommended Practlce (SORP) "Accountlng and Reportlng by Charllles preparing thelr accounls In accordance with th& Flnancial Reportlng Standard applicable In the UK and Republlc of Ireland FRS 102" Cash flow statement The company has availed of the ÈxÈmptlon In FRS 102 from the requirement to produce a cash flow statement because it is classlfled as a small company. Incomlng Resources Voluntary Income or capital is Included In the Slatémenl of Financlal A¢llvSties when th8 company is legally entitled to It, Its financlal value can be quanllfled with reasonable certainly and there Is reasonable certalnly of ils ulllmate receipt. Enlltlem8nt lo legac18s Is considered establlshed when the company has been notlfled of a distributlon to be made by the executors. Income received In advance of due perfomiance under a contract ig accounted for as deferred income unlll eamed. Grants for activities are recognlsed as Income when the related condlllons for legal gnutlement havg been met. All olhgr Income 1$ accounted for on an accruals basls. Resources Expended All resourcgs expend8d are accounted for on an accruals basls. Charitable actlvlllos include Gosls of services and grants, support costs and deprgclatlon on related assets. Costs of goneratlng funds slmllarly Include fundralslng activities. Non-stgff costs not attributed to one category of aclSvlly are allocalod or apportlonod prtrrata to the stsfflng of the relevant service. Flnance, HR, IT and administrative staff cost8 are dlreclly altrlbutable to Indlvldual activltles by objective, Governance costs are those assoclated wllh con81ilutlonal and slalulory requirements. Tanglble flxed assets and depreclatlon Tangible flxed assets are stsled at cost or at valuation, 1883 accumulated depreclatlon. The charge to depreciatlon Is calculated lo wrlte off the orlglnal cost or valuallon of t8ngible fixed as8el$. less Ihelr estimated resldual value, over Ihelr expected useful lives as follows: Fixtures, fllllngs and equlpment 250/0 Reducing balance Debtors Debtors are recognlsed at the Settlement amount due after any dlscount offered, Prepayments are valued al the amount prepald net of any trade dlscounts due. Inwme recognised by the company from government agencies and other co-funders. but not yet received at year ènd. Is Included in debtors. Cash at bank and In hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. Taxatlon No current or deferred taxalion arises as the company has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. The Charity is exempl from lax. 15
Community Advice Newry, Mourne & Down (A company limited by guarantee. not having a share Capltall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 INCOME DONATIONS AN[> LEGACIES Unrestrlcted RestriGted Funds Funds 2023 2022 FundraisinglDonations 1,863 1,883 1,82,'3 OTHER INCOME Unrestrlcted Restrlcted Funds Funds 2023 2022 Grants 852,309 6S2,309 690,533 EXPENDITURE RAISING FUNDS Dlr6ct Costs Other Costs Support Cost8 2023 2022 AdmlnSslrallve Expenses 126,746 511,330 638,076 647,299 NET INCOMING RESOURCES 2023 2022 Net Incomlng Rosourcos aro stated after charglngllcredltlng): D8pr&clallon of langiblo assets Grants receivable recelved 1,281 1,707 {19.000) INVESTMENT AND OTHER INCQME 2023 2022 Revenue grants recelved Sundry Income 19,000 600 19.600 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (Includlng executlve dlrectors) durtng the flnanclal year was 88 follow8.. 2023 Numbar 2022 Number Admlnlstratlon 22 22 The staff costs comprise.. 2023 2022 Wages and salaries Pension costs 505,489 26,109 477,412 26,861 531,598 504,273 16
Community Advice Newry, Mourne & Down {A company limited by guarantee. not havlng a share Capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 TANGIBLE FIXED ASSETS Flxtur09, flttings and equlpment Totsl Cost At 31 March 2023 45,442 45,442 Depreclatlon At 1 Aprll 2022 Charge for the flnanclal year 40,333 1.281 40,333 1,281 Al 31 March 2023 41,614 41,614 Not book value At 31 March 2023 3,828 3,828 At 31 March 2022 5,109 5,109 DEBTORS 2023 2022 Trade debtors Other debtors 800 225,188 800 189.680 225.988 190.480 10. CREDITORS Amounts falllng duo wlthln one year 2023 2022 Trade credilors Taxallon and soclal securfly costs Accruals and deferred Income 510 732 18,897 161 266 775 19,790 RESERVES 2023 2022 Al 1 April 2022 Surplus for the financial year 367,621 16,096 322,564 45,057 At 31 March 2023 383,717 367,621 17
Community Advice Newry, Mourne & Down (A company Ilmited by guarante0. not having a share capStal) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 12. FUNDS 12.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlct•d Funds Totsl Funds At 1 April 2021 Movement during th8 flnanclal year 322.564 45,057 322,564 45,057 Al 31 March 2022 Movement during the financlal year 387,621 16,096 387,621 16,096 At 31 March 2023 383,717 383,717 12.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Aprll 2022 Income Expandltura Tran$fers between funds Balance 31 March 2023 Unrèstrlcted lunds Unrostrlcted Income'and Expenses 367,621 854,172 638.078 383,717 Total funds 367,621 654.172 638,076 383,717 12.3 ANALYSIS OF NET ASSETS BY FUND Flxed assets - charlty ug0 Current assols Curr¢nt Ilabllltle$ Total Unrestricted general funds 3,828 380,664 (7751 383.717 3,828 380,664 1775) 383,717 13. STATUS The company Is Ilmlted by guarantee not havlng a share capital. The liablllty of the members is limited. Every membor of the company undertakes to contrlbute to the assets of the company In the event of Ils being wound up while they are members, or wilhln on8 year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses of wlnding up, and for th8 adjustrnent of the rights of tho conlrlbulors among themselves, such arnount a8 may b8 required, not exc&edlng £ 1. 14. P08T-BALANCE SHEET EVENTS There have been no significant events affecting the Charity slnce Ihe financial year-end. 18
COMMUNITY ADVICE ! J'EWRY MOURNE & D IA company Ilmlted by guarante¢, not havlng a share capltall WN PLEMENTARY INF MATION RELATING TO THE FINANCIAL STATEMENTS FOR THE INANCIAL YEAR ENDED 31 MARCH 2023 NOT ERED BYTHE RE ORT OF THE AUDITO 19
Community Advice Newry, Mourne & Down IA company limited by guarantee, not havlng a share capitsll SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for the financial year ended 31 March 2023 2023 2022 Income 654,172 672,758 Expenses Wages and salaries Staff dellned contribution penslon costs Staff Iralnlng Rent & SeNlce charges Insurance prtntlng & stationary Adv8rtlslng Telephone Computer costs Travel & Training Legal and professional Audit Fees Bank charges G8n8ral expen8es Subscriptions Depreclatlon 505,489 26,109 1,098 25,781 8,145 5,367 22,979 3,725 7,599 10,406 6,300 2,400 306 9,116 1,975 1,281 477,412 26,861 519 20,258 4,814 7,298 14,009 11.412 6,016 9,171 15,550 2.210 340 12,114 37,610 1.707 638,076 647,299 Mlscellanoous Income Revenue grants recelved Sundry Income 19.000 600 19,600 Net surplus 18,096 45,057 The supplementary information does not form part of the audited financial statements 20